Tag: ebay competitors
Getting the edge over your eBay competitors
by admin on Apr.17, 2010, under Uncategorized
One of the most overlooked advantages of eBay is that it’s a great ground for you to keep track of what your eBay rivals are up to. The research tools that are provided customers are also great ways for you to investigate which things sell and which don’t as well as the common selling price and what products are most popular. It’s something that not a lot of vendors do, but if you take the chance to take a peek at your eBay competition, you can be in a great position to doing a better job than them which also means making much more money.
If you take some time to do some investigation, you can see different styles of listings, different wordings and pictures and how they have impacted upon the outcome of the sale. You will be able to steal some great ideas that can even boost your sales amounts and make you better profits.
Plenty of your eBay rivals will have plenty of experience in the business. That doesn’t mean that you should let that slow you – just leverage against their experience and use it for yourself. One of the most advantageous things that you can do is type in the keywords describing the goods that you are going to offer. Take some notes about the sellers, the prices and if there was anything in particular that caught your eye.
If you already have a wholesale supplier set up, type in the details of some of the products that you are considering selling. See if you will be making a good profit margin, or if perhaps your interests would be better focused about something that you hadn’t already looked at.
One thing that you won’t be able to find out through eBay is if a seller has their items posted by wholesale””. This means that everything they sell is drop shipped by a central supplier, and the seller doesn’t have their own storage warehouse. There is usually a fee associated with this to cover the shipping cost, but that’s something they would have been paying anyway. Selling items posted by wholesale”” is actually how most of the profitable businesses on eBay make so much money. They are outsourcing this tasks to someone else so that they can concentrate on doing the actual selling, and making more sales to make more money.
Perhaps one of the biggest points that you should do is to make note of the keywords used by your eBay competitors. They might be using something in their title description that you hadn’t thought of, and this can often mean the difference between a sale or a missed item. The way that customers browse through items on eBay is all connected to these keywords so you should treat them like gold, and certainly is another seller is using a strategy that you hadn’t thought of – you should make sure that you apply it to every listing from then on!
Using posted by wholesale”” and the wisdom of your eBay competition is a guaranteed winner when it comes to the online auctions business.
Getting the edge over your eBay competitors
by admin on Nov.29, 2009, under Press Release
Have you been using eBay as a way to make some additional income, or perhaps even to make a full time living? It’s something that more and more people are doing, which means that every day there are more eBay competitors that you need to take care of to ensure that customers keep on coming to you and not the competition. Read on for our great tips about how to get the edge over your eBay competitors.
Firstly, the most common mistake that people make with their eBay business is that they don’t use the correct supplier avenues to get the lowest price on the items that they are selling. What this means is that their base price will be much higher than their competitors, or they will be eating into their precious profits by not sourcing the best available price for the products that they are selling.
When you are in the business of beating your eBay competitors so that you can claim the sale, you need to source your products from a wholesale supplier. This is the only way that you can guarantee that you will be getting the best possible price for the products that you are sourcing. Wholesale suppliers will also offer discounts for bulk purchases, so if you intend to sell multiple units of the same item, this may be the most productive way for you to purchase wholesale goods.
Another point that you should look into to get an advantage over your eBay competitors is the possibility of sourcing the products that you want to sell as closeouts, liquidations and overstocks. Although you are less likely to be guaranteed the products that will be available from a wholesale supplier that deals in these items, you will find that the products are available at far lower prices than regular wholesale. This is a great way for you to be able to undercut your eBay competitors by using your wholesale contacts and leveraging against the stock that they have sourced.
One of the best things about using a large wholesale supplier is that they will be able to provide you with many different items that are available for sale. That means that you can offer complementing items to your customers which might just make an additional sale!
Lastly, if you really want to get the edge over your eBay competitors, you need to investigate the possibility of using a drop shipping service from your wholesale supplier. The reason that drop shipping models work so well in an eBay business is that they allow you to sell as many items as you wish without actually having to keep anything in stock. So you have the ability to offer a far greater range of products to your customers, without having to be concerned that you don’t have the money to purchase all the stock for the products that you wish to sell.
Use these tips above to get the edge over your eBay competitors and take your business to the next level.