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"eBay
Tips to Make This Your Most Profitable Christmas Ever!"
©
Avril Harper, Chartered CMIPD, Dip PM
In the run up to Christmas it's
easy to focus on buying gifts for family and friends and arranging your own
seasonal festivities, and just as easy to forget about a very
straightforward way to increase your bank balance in the shortest possible
time - by selling Christmas goods on eBay!
Christmas is THE best time to sell
on eBay, as many eBay PowerSellers know, and that applies even if there are
just a few weeks left before the big day.
These tips will help you make
money fast on eBay at Christmas.
Use ‘Buy It Now’ to Maximise Your eBay Earnings This Christmas
Buy It Now happens where people place their order and normally pay right
away. Sometimes called ‘BIN’, also ‘Fixed Price’, Buy It Now predominates on
eBay just before Christmas, mainly from buyers wanting to order before
stocks run out and without having to wait until an auction ends to see if
they’ve won their chosen product.
You can list your products Buy It Now as a stand-alone offer, or with an
additional auction option. In the latter case potential buyers can choose to
place a bid or buy right away. Once a bid has been placed the Buy It Now
option disappears. There are pros and cons to using Buy It Now with auction
in one listing which to my mind are inappropriate for seasonal selling. I
have never used the auction / BIN format myself, and personally I don’t
recommend you do either, certainly not in the run up to Christmas when the
best selling approach is quick sales and definite prices. And that means
using Buy It Now wherever possible.
Copy Other eBay Sellers – But Not Too Closely!
You can claim your share of the Christmas Gold Rush right away, beginning
today, and you can start by ‘borrowing’ other people’s most successful
product ideas and by ‘copying’ their more profitable marketing strategies,
all of which saves you time and means you don’t risk your own money on
sourcing and listing products that don’t actually sell.
Don’t panic, because ‘borrowing’ and ‘copying’ do not mean breaking
copyright or intellectual property laws, and they won’t get you banned from
eBay. That’s because we only want ideas from other people and ideas are
rarely copyright protected. Only trademarks and designs, also words and
illustrations from marketing materials, are copyright protected.
That means you must not copy another person’s wording or illustrations too
closely, but you can create something similar; you can’t use another
person’s copyright protected book or artwork but you can create your own on
a similar theme, and you can not use brand names and trademark terms for
other people’s products without their owners’ permission.
However, there’s no law against finding out what products sell in multiple
quantities and fetch hundreds of pounds pure profit per sale for other
people, and there’s nothing wrong with sourcing similar products for your
business; and you won’t risk court action by copying prices and listing
durations that prove most effective for other top sellers.
These tips will help you determine good from bad ways to ‘emulate’ other
people’s listings:
* If you see a specific well known brand of perfume selling well on eBay and
that product is available from wholesalers and allowed to be sold on eBay,
you can also sell that product on eBay. If, however, the product is listed
by its manufacturer as not for resale you are not allowed to sell it on
eBay, even if you bought it for personal use and no longer need it!
* If the perfume is trademark registered, for example ‘Perfume for Modern
Girls’, you are not allowed to use that same term in your listing for other
perfumes, or even for the same product except with express permission. A
trademark is for exclusive use by the product owner and others he authorises
to use it …. and he almost certainly does not authorise sellers of competing
products to use it!
* If a seller says the following of his product: ‘Available in sizes: 12,
14, 16, 18, 20 and colours: blue, yellow, red, green. These t-shirts are
created by students at the Morton Academy and are guaranteed to compliment
wearers of all shapes and sizes…..’ you should not copy that wording. The
exception is where the text was created by the manufacturer who allows
copying by resellers. Without evidence of right to copy you must leave other
people’s text alone but you can model your own on other people’s
descriptions without copying them too closely. Something like this should be
okay:
‘Offered in sizes 12 to 20 ….. in blue, red, green, yellow ….. bearing the
Morton Academy label and designed to suit every figure.’
Make Your Christmas Offers
Better Than Other eBay Sellers
This Christmas, like any other time of year, will find numerous people
selling similar products on eBay, charging much the same price, and creating
competition that finds them sharing the market for those products and
restricting their individual eBay income potential. How silly can that be
when just a few tiny changes to how a business operates can lead to any one
of those people earning the lion’s share of the takings on eBay? Those tiny
changes include:
* Offer better standards of customer care than other sellers. Let’s face it,
we all like getting good customer service, we all want our custom to be
appreciated, and we all like being treated with respect – especially by
people we choose to give our hard earned cash. And because all traders are
not created equally, it follows those with the highest standards of customer
care are likely to generate more customers than others offering sloppy
service.
* Keep on reminding people it’s Christmas, it creates a feelgood factor, it
gets people in the mood to buy. Do this by having a seasonal border around
your product illustrations and choose a Christmas template for your
description. You should also use the word ‘Gift’ in your eBay title and use
icons eBay provides from around October onwards to indicate gift items with
fast delivery options.
* Start your Christmas trading early and always allow at least a week to ten
days for sourcing, testing and introducing new products to your business.
Planning and testing reduce the risk of stocking up with products that don’t
sell and gives you time to test and choose efficient dropshippers and
wholesalers for your main product lines.
* The closer it gets to Christmas the more worried people become about
products going out of stock or of not winning an auction for their chosen
gift product. This is when you should offer most items Buy It Now so buyers
don’t have to wait until auction ends to get their product, if in fact they
do get their product. If you must use auction, use short durations, like 1
or 3 days, and include an optional Buy It Now button.
* Highlight your delivery times and last posting dates before Christmas
clearly in all your listings, also in your eBay shop, give options for
speedier delivery and last minute buys.
* Closer to last day for Christmas delivery offer to ship direct to
recipients. Have a gift card service where buyers gift details of note and
address immediately after paying for your product.
* Have multiple best selling products in every listing so your products are
available 24/7.
* Offer gift wrapping and gift cards as standard free add-ons for all gift
items. Use eBay icons to highlight your gift wrapping and fast delivery
service.
All articles are provided in good faith and
are researched and written to the best of our abilities. However,
readers should always do their own due diligence before investing in any
business opportunity, and they should be aware that many article writers and
web masters, including ourselves, frequently receive a commission for
selling other people's products. We pride ourselves on always choosing the
very best products to recommend to our readers and we only recommend
products offering a solid money back guarantee.
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