EBAY & Internet Product Sourcing - Wholesale...

Keep your fees low

by Keith HIcks
Keith HIcks Advanced  
Hey guys!

I have been selling on Ebay for a while. Just some tips I want to share with people new to selling on Ebay.

Try to reduce fees as much as possible. I use Auctiva.com to house all my images, use their design templates and scheduele my auctions. This is all free! saves about 1.25 per auction. It is not a lot, but adds up over time.

Everyone should know to take great pics. I use white posterboard as a background and place my items atop a phonebook thats been covered in a crisp, wrinkle free white pillow case.
Total cost $2.50
Instant Studio: "Priceless" .. lol

I wouldnt pay for ebay extras like Bold, nor Highlight. I have not found a significant increase in sales to justify paying the fee for it. I must say however, that the $20 I paid to get featured has paid off. I would use this esp for any high end merchandise as I have never gotten so many page views before. Almost 6 times my normal. I would use this when you have multiple items, as it spreads the "fee" to get featured over more items. Example, its $20 to get featured, if you have 5 items available thats only $4 for each item to get listed, as opposed to $20 for 1 item. Just an Idea to consider

PayPal, Paypal, Paypal. I can't say it again. Yes, its another (small) fee when people send you a payment, but its a great way for customers to send payments, and is secure.

Get the PayPal debit card if you can. ESPECIALLY if you are Dropshipping. For a while I was paying for dropship items out of my own checking acct, then waiting 3-4 days for PayPal to deposit the money into my checking account. The PayPal Debit card makes it VERY convienet. On top of that, you get 1.5% cash back for using the card. This helps recover some of the fee (2.9%) that Paypal charges to accept the payment from your customers.

Ok, I am rambling on now.

Hope this has been helpful to atleast 1 person.

Enjoy your day!
Sep 28th 2007 13:03

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