When you don't even know how to price your products, it doesn't mean you will be successful on eBay. If you want to sell on eBay successfully, product pricing is very important. You can read on to learn everything you need to know to set up a successful eBay pricing system.
Utilize the advanced search feature of eBay to determine the most competitive selling price for your item
once you have selected one to market. You can search for anything you want to sell and check the box next to "completed listings" to see a lot of similar items and their prices. For certain things, similar to Cds and DVDs, you can figure out the amount they're worth by getting statements from other recycled selling sites like Music magpie.
Assuming you're ready to check your product's barcode, you ought to get a really precise valuation - then you can add a piece onto this sum as your selling cost on eBay (except if you're offered a great cost for it, in which case you could sell straightforwardly to that site all things being equal). Additionally, you must accurately price the postage or risk running out of money. You can include this in the listing because the Royal Mail price finder will tell you how much the postage will cost. In any case, recall that you truly do need to pay an eBay charge on the absolute exchange, including postage!
Due to the fact that high postage costs can deter some sellers, we recommend including the cost in the product's price so you can provide free shipping. In the search results, your items will have a tag that says "Free Postage." Additionally, your products will be seen by a significantly larger number of users due to the fact that buyers can sort items by whether or not they offer free shipping.
Start with low bids to attract buyers
Although it might be tempting to set a high starting price for your listings, starting with bids as low as 99 pence (or something similar) should actually result in a better sale in the long run. As the item reaches its final day of bidding, a low starting bid will attract more potential buyers and encourage a fierce bidding war.
Please note, however, that this advice is not applicable to products that are truly niche. If the item is one that only a dedicated collector would be interested in, you should not set the initial bid too low because you are less likely to receive a lot of bids on these items. If you're worried about getting ripped off, you can always add a minimum price (the reserve), which means the item won't be sold unless it reaches this minimum amount.
Take good pictures of the things you're selling
Adding a picture of the thing you're selling gives it the most credibility, and eBay users are much more likely to keep bidding if they know they can see an accurate image of what's being offered.
Include any additional components, such as boxes, instruction manuals, batteries, or anything else mentioned in the description, in the image of the item you are selling. You don't need a great camera to do this well, but you should use autofocus and the macro mode if you have one, which will be invaluable for close-up shots.
The best way to get clear, high-quality photos is to use daylight. However, if you're in a dimly lit room, a desk lamp or a little bit of additional lighting can make a big difference. Simply steer clear of any shadows. Likewise, recall that you can transfer 12 photographs to a posting for nothing at one time.
When to start auctions
Start auctions during the busiest times on eBay (red alarm clock credit) Samritk – Shutterstock Prior to posting your listing, take some time to consider when the bidding should begin. In general, Sunday evening is the ideal time to conclude any auction. It has been demonstrated that this is the time when the majority of casual buyers browse, so auctions really begin to heat up at this time.
Therefore, in order to increase your exposure to potential buyers, list it on a Thursday evening if you're going for the maximum 10-day auction, which is always the best option because it increases the chances of getting more bids. As was mentioned earlier, if you are selling a product that is themed or seasonal, consider the best time of year to list it on eBay.
For instance, since people start looking for costumes for Halloween parties online at the beginning of October, this would be the ideal time to start listing any fancy dress items you have.
Write convincing product descriptions
Now comes the hard part: Write convincing product descriptions. composing the product-selling descriptions. Because a good description can make or break a deal, it is essential that you take your time with this. Make the most of the 80 characters that are available to you in your eBay title. To assist in making your item as simple to locate as possible, make it clear, succinct, and abundant in keywords.
Utilize the advanced search feature of eBay to determine the most competitive selling price for your item
once you have selected one to market. You can search for anything you want to sell and check the box next to "completed listings" to see a lot of similar items and their prices. For certain things, similar to Cds and DVDs, you can figure out the amount they're worth by getting statements from other recycled selling sites like Music magpie.
Assuming you're ready to check your product's barcode, you ought to get a really precise valuation - then you can add a piece onto this sum as your selling cost on eBay (except if you're offered a great cost for it, in which case you could sell straightforwardly to that site all things being equal). Additionally, you must accurately price the postage or risk running out of money. You can include this in the listing because the Royal Mail price finder will tell you how much the postage will cost. In any case, recall that you truly do need to pay an eBay charge on the absolute exchange, including postage!
Due to the fact that high postage costs can deter some sellers, we recommend including the cost in the product's price so you can provide free shipping. In the search results, your items will have a tag that says "Free Postage." Additionally, your products will be seen by a significantly larger number of users due to the fact that buyers can sort items by whether or not they offer free shipping.
Start with low bids to attract buyers
Although it might be tempting to set a high starting price for your listings, starting with bids as low as 99 pence (or something similar) should actually result in a better sale in the long run. As the item reaches its final day of bidding, a low starting bid will attract more potential buyers and encourage a fierce bidding war.
Please note, however, that this advice is not applicable to products that are truly niche. If the item is one that only a dedicated collector would be interested in, you should not set the initial bid too low because you are less likely to receive a lot of bids on these items. If you're worried about getting ripped off, you can always add a minimum price (the reserve), which means the item won't be sold unless it reaches this minimum amount.
Take good pictures of the things you're selling
Adding a picture of the thing you're selling gives it the most credibility, and eBay users are much more likely to keep bidding if they know they can see an accurate image of what's being offered.
Include any additional components, such as boxes, instruction manuals, batteries, or anything else mentioned in the description, in the image of the item you are selling. You don't need a great camera to do this well, but you should use autofocus and the macro mode if you have one, which will be invaluable for close-up shots.
The best way to get clear, high-quality photos is to use daylight. However, if you're in a dimly lit room, a desk lamp or a little bit of additional lighting can make a big difference. Simply steer clear of any shadows. Likewise, recall that you can transfer 12 photographs to a posting for nothing at one time.
When to start auctions
Start auctions during the busiest times on eBay (red alarm clock credit) Samritk – Shutterstock Prior to posting your listing, take some time to consider when the bidding should begin. In general, Sunday evening is the ideal time to conclude any auction. It has been demonstrated that this is the time when the majority of casual buyers browse, so auctions really begin to heat up at this time.
Therefore, in order to increase your exposure to potential buyers, list it on a Thursday evening if you're going for the maximum 10-day auction, which is always the best option because it increases the chances of getting more bids. As was mentioned earlier, if you are selling a product that is themed or seasonal, consider the best time of year to list it on eBay.
For instance, since people start looking for costumes for Halloween parties online at the beginning of October, this would be the ideal time to start listing any fancy dress items you have.
Write convincing product descriptions
Now comes the hard part: Write convincing product descriptions. composing the product-selling descriptions. Because a good description can make or break a deal, it is essential that you take your time with this. Make the most of the 80 characters that are available to you in your eBay title. To assist in making your item as simple to locate as possible, make it clear, succinct, and abundant in keywords.
