Friggin' Idiot's Guide to Buying and Selling on eBay by Chad Wyatt - HTML preview

PLEASE NOTE: This is an HTML preview only and some elements such as links or page numbers may be incorrect.
Download the book in PDF, ePub, Kindle for a complete version.

What if More Than One Category Fits?

Don’t worry, eBay have you covered. For a small extra fee, you can list your item in an extra category, to increase the number of potential buyers who will see it. This isn’t always worth it, though – some items only really fit properly in one category, and listing them in extra categories is just a waste.

Once you know where to list your item, the next step is to write your auction’s title. The title is the most important thing about your auction – the difference between a good title and a bad title can be the difference between $10 and $100. That’s why I’ll take you through the dos and don’ts in the next email.

eBay Title Writing Tips.

Trying to be help your buyers find your auctions can be a truly daunting task. Most people only search eBay by title, not by description, and that means that you only have those 55 characters of the title to cover all the possible search terms. That’s not easy. In this email, I’ll give you a few pointers.

Don’t bother with eBay clichés: There are plenty of eBay auction titles that say things like “Super rare camera wow look low price”. These are stupid things to put in your title, as no-one is going to search for them.

Think like a buyer: If you were looking for your item, then what exactly would you type into that box? If you think it’d help, try searching yourself to find someone else selling your item. What were the first things you thought of typing?

Think like other sellers: Keep an eye on which sellers are doing best with items like yours, and try to copy their title styles – if it works for them, it can work for you.

Be specific: You should be sure to write the item’s brand and specific model number in the title, as people will often search only for this information. Make sure that you also say exactly what the item is.

A Few Examples.

 

Here are a few examples of good titles. They’re real, and they’re on eBay right now, making their sellers money. So what makes them good?

 

“Dell Latitude Laptop P3 500mhz Notebook PC Computer”

If you know about computers, you’ll know instantly what this auction is selling. It has manufacturer (Dell) and product line (Latitude), followed by a few technical specifications (P3 500mhz is the processor speed). Notice also that the title includes the four words ‘laptop’, ‘notebook’, ‘PC’ and ‘computer’, as the seller wants people looking for any of those words to see his auction.

“OASIS Don't Believe the Truth CD Album (New)”

This auction for a CD is well formatted: it gives the artist name in capital letters, followed by the album name. It then manages to include the two key words ‘CD’ and ‘album’, as well as the word ‘new’ – that means that anyone searching for ‘new oasis cd’, ‘oasis new album’ and so on will find this auction.

“1840 Penny Black stamp, certificate, four margins”

Here’s a slightly more obscure one, from the exciting world of stamp collecting. A penny black is one of the oldest and most famous stamps. It uses a few key words that collectors will consider important: ‘four margins’ indicates that the stamp has been cut out with some margins around it and so isn’t damaged, and ‘certificate’ tells you that the item has a certificate of authenticity – it’s a real penny black. Remember to use every bit of space to squeeze in as much important information as you can in the title.

So now that you’ve written a winning title, you need to start on a great description. The next email will show you how.

eBay Description Writing Tips.
Once you’ve drawn the buyers in with your title, the next thing to do is to tell them all about your item with the description. But just what should you write in your description?

At its heart, your item description is an ad. Without making it too obvious, you should be writing sales copy. You’re trying to get buyers excited about your products, and that’s usually hard – but on eBay, if you have the right thing to sell and give enough details, the buyers almost excite themselves.

Technical Details.

Include every technical detail you know, including the item’s manufacturer, its condition, how big it is, where and when it was made, its history, and anything else special about it. Don’t be too boring, though: the best descriptions are written in friendly, conversational language, and show a real knowledge of the item. Whatever you do, make sure you tell the truth!

Remember that most of the people who’ll be buying your item will be just as knowledgeable about it as you are, if not more – this is their hobby, and they’re experts. Don’t feel like you need to explain the basics of the item: just go into as much technical detail as you can. As a rule, don’t write anything in the description if you don’t know what it means, as the chances are someone will, and if you’ve got it slightly wrong then you’ll look like you don’t know what you’re talking about.

Interesting Details.

You might find that you enjoy writing a few things about how you got the item, why you’re selling it, and who you think might like it. This isn’t strictly necessary, but it gives your auctions some character and a personal touch, and can make people more likely to trust you. People might wonder what you’re doing selling 500 CDs all at once, and if you tell them the reason, then they’ll feel reassured that nothing dodgy is going on. If you’re selling them because you’re having a baby and you need the space, just say so.

Write as Much as You Can.

Leave nothing out of your description, even if that seems to you like it makes it cumbersomely long. There is no way you can be too thorough: someone, somewhere will appreciate that you took the time to write the extra information.

Don’t assume that anyone who wants extra information will email you to ask a question: many buyers are shy and won’t do it. Think of questions that buyers might have and add the answers to your description, as people generally tend to ask the same questions over and over again.

Each time a buyer does email you with a question, you should both answer their question and update your description so that it will include the answer next time. If people ask questions that are answered in the description, try putting these parts of the auction on a line alone, or in bold, to make them easier to notice.

In the next email, we’ll focus on increasing the number of buyers who respond to your auctions.

 

10 Tips for Increasing Your eBay Response.

So you’ve got the buyer in front of your auction, and they’ve read the description. They’re must be interested, or they wouldn’t be looking… but just how can you push them over that line and make them leave a bid? Read on for some tips.

Improve your picture: In all that description writing, you might have missed the vital importance of your item’s picture. A picture with bad lighting or an intrusive background looks amateurish and won’t make anyone want to buy from you.

Add an About Me page: You’ll be surprised how much you can reassure bidders just by creating an About Me page and putting a little bit about yourself on your business on there. You can also have a few special offers there for people who bother to look at the page, and let people subscribe to your mailing list so that you can email them updates.

Use SquareTrade: Signing up at SquareTrade and displaying their logo on your auctions shows that you are committed to have them resolve any disputes that arise. You always see this on PowerSellers auctions – it makes you look more professional.

Write terms and conditions: Have the ‘small print’ clearly visible on all your auctions, giving details of things like shipping times and prices, your refund policy, and any other business practices you might have. This helps build confidence with buyers.

Show off your feedback: Copy and paste a selection of the feedback comments you’re most proud of to each item’s description page, instead of making bidders go and look for it. If you have 100% positive feedback, be sure to write that on every auction too.

Add NR to your titles: If you have extra space in a title, put ‘NR’ (no reserve) on the end. Bidders prefer auctions that don’t have a reserve price, and doing this lets them see that yours don’t.

Benefits not features: Make sure your description focuses on the benefits that your item can give to the customer, not just its features. This is a classic sales technique. If you have trouble with this, remember: ‘cheap’ is a feature, ‘save money’ is a benefit.

List more items: If you want more people to respond to your items, then list more items! You might find you have better like listing items at the same time, instead of one-by-one. There’s no need to use a Dutch auction – you can just keep two or three auctions going at once for an item you have more than one of in stock.

Accept unusual payment methods: To reach those last few buyers, accept payment methods that many sellers don’t, like cheques.

 

Buy some upgrades: The best upgrade is the most expensive one, which makes your item appear first in search results. In crowded categories, you might find that this is worth the money.

 

Once you’ve got some buyers, you want to keep them coming back to you. The next email will show you how to turn one-time buyers into long-term customers.

 

How to Turn eBay Bidders into Long-term Customers.

Once someone’s bought something from you on eBay, you suddenly have all sorts of details on them. In marketing terms, this information is gold dust. If someone’s bought from you once before, then the chances are that at some point in the future they’ll want to buy a similar item, and you can take advantage of this to market to them directly.

The simplest form of direct marketing is the email newsletter – and it’s one that is still oddly underused on eBay. Simply ask people who buy from you if they’d like to be added to your mailing list, and then send them a monthly update on your new items. You should also include some information you think might be useful to them, to give the email more value.

For example, here’s a newsletter you might write if you were selling DVDs.

 

“Here are the dates for this month’s new DVD releases:

 

[list of release dates].

 

If you want to pre-order anything on this list, just click here [your website/email] and let us know.

 

Meanwhile, we’ve got some great deals for you this month!

 

[links to your best ebay auctions]

 

You are receiving this email because you signed up for my newsletter when you bought an item from me on eBay. To unsubscribe, hit reply and type ‘remove’.”

 

Isn’t that simple? As long as you can remember to do it once a month, people will come to like your information, and perhaps take a look at some of the things you’re offering.

It’s all about building up a customer relationship, and making the customer feel like you are providing them with some information they wouldn’t otherwise have. Make your email a useful service to them, whether they buy anything from it or not.

Remember that it’s not a newsletter without the news, and send out the best things you can think of: you might even try writing an article or two. Think of it as a free gift for your customers: the gift of useful information. Apart from anything else, it’s quite fun to have your own newsletter.

If you sell items that a seller is likely to need more than one of, like auto parts for example, then you can even try highly targeted emails like this.

“I’m sending you this email because you bought a [item name] from me a while ago – I hope you were happy with it. This is just to let you know that if you ever need another [item], I’m currently doing special offers on them. [link]”.

You would probably want to automate this, though, as it could quickly get tedious to do it manually.

Of course, that brings us on to our next subject: eBay stores. eBay stores offer you an easier way to sell your items than having to list them every time on eBay, and they have built-in facilities for targeted direct marketing. You can read all about it in the next email.

What? You Don’t Have an eBay Store?

 

In fact, you might not even have heard of eBay stores. Read on to find out what you’ve been missing.

eBay stores come at three levels: Basic for $15.95 per month, Featured for $49.95 per month or Anchor for $499.95 per month (yes, that is typed correctly: almost $500). The best place to start out is with Basic (you can even get a month’s free trial), but if you like what you find then you should upgrade to Featured quickly, simply because it has so many extra features. Note that you must have a feedback rating of at least 20 before you can get an eBay store.

But what is an eBay store? Basically, it lets you list a set of fixed price auctions together on one page for much longer than auctions usually last – and most sellers with eBay stores list the items at a slightly lower price. It’s like a list of your special offers. You can put your logo on the store and write a little about your business and policies, and your customers can search your store for anything they might want. Buyers can click through to your store using the door symbol next to your name.

A good way to look at it is that it’s a little like having your own e-commerce site outside eBay where you can list your items more long term – except it’s all done for you without you having to learn a new system. Items in eBay stores can be listed for 30, 60, 90 or 120 days, or you can list items permanently, paying monthly for each one.