Auctions - Mistakes To Avoid In Your Ebay Auctions

Mistakes To Avoid In Your Ebay Auctions

Online auctions continue to grow in popularity as an easy and efficient way to make money on everything from unwanted household items to rare and expensive collectables and even to bulky items like cars.

Log on to eBay and you will see countless auctions on any item you can imagine. As eBay auctions grow in popularity, it becomes harder to make money with your auction because it often gets buried or overlooked with all the competing auctions in the same category. Therefore, to make money on your auction, it is important to set your auction apart and avoid common eBay auction mistakes. Here are 3 important mistakes that you must take note of:

1. Wrong product category or product category not specific enough. As it is relatively simple and inexpensive to auction an item, many sellers simply do not put in enough effort researching the market. The result is the auctions are put up in the wrong category. This would be tantamount to pitching your deal to the wrong market.

However, if you are marketing your product in traditional channels and paying money for your promotions, you are likely to do a lot more research and legwork. If you want to earn a serious income, then you should not treat your eBay auctions any differently.

To research, find the best eBay category to put your product auction in. If you are selling coins, eBay shoppers do not have the time to search all 38,000 plus auctions put up under the category of coins. You need to define your product category as specific as possible. You will then target the true eBay shoppers that are likely to be interested in your auction.

2. A blurred or ugly looking image. Be sure your eBay auction has a clear professional looking image. Pay heed to the saying "A picture speaks a thousand words". Also, don't forget to ensure that your image file size is not too large. If the image takes minutes to download, the typical eBay shopper is bound to skip your auction.

3. Incomplete and unclear product description. Be sure to give a detailed and precise description for your eBay auction item. For instance, you can give exact dimensions of the product or give specific details about the condition of the second hand item. An incomplete or unclear description is not likely to attract bidders for your item.

All in all, the best exercise I can suggest is to visit your Ebay auction and honestly ask yourself if you would be even tempted to put in a bid for this product.

If the answer is no or even probably not, then change it. If you are passionate about your auction and take the time to make it professional, your auction is likely to stand out. Make the effort to do it right and you are likely to have successful auctions.

Evelyn Lim is an online publisher of a FREE newsletter aimed to help all aspiring home based business owners. She also hopes to equip her readers with skills on acquiring multiple sources of online income. To subscribe to her popular newsletter, please visit http://www.e-bizmap.com or her blog at http://www.EvelynLim.com .

Car Insurance | Car Rentals | Health Insurance | Weight Loss | Life Insurance

| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |

Online Auctions: 5 Ways Your Business Can Benefit From Online Auctions
Online auctions are now the new gold rush on the internet.It seems as if everyone is talking about online auctions. And why not. There are thousands of online auctions on theinternet with more popping up everyday.People love them because they can usually find great bargains. Businesses are now also seeing the benefits of online auctions.Below are five ways your business can benefit from online auctions.1. Get Rid Of Excess InventoryYou could sell your excess or discontinued products at anonline auction. Your unsold inventory is doing you no goodsitting around, collecting dust. It's an effective way to makeextra income and it won't be a total loss for your business.You could even get lucky and make a profit dependingon how much people will...(related: Auctions)

Professional Ebay Auctions Reap The Profits For Sellers
eBay offer an unbelievable amount of traffic for ANYONE wanting to sell on their auction site, so much so that millions of items are listed on it everyday. So with all this competition how do you make sure that your listing doesn't get lost amongst the rest and that customers keep coming back to you.The answer is simple.... Professional Listings!This covers all aspects of the transaction from the listing itself, how the customer is interacted with to how the item is p...(related: Auctions)

Four Huge Mistakes Ebay Sellers Make (even Some Moderately Successful Ones)

No matter how many times I see it happening, I'm
constantly amazed at the number of people who are
literally throwing money away by making incredibly
simple mistakes when they sell items in an online
auction.

Over the last seven years, I've been making a great
living buying and ...(related: Auctions)

Five Tested Ways To Find The Perfect Drop Shipper
You've heard about it many times in recent months. Being the business-minded person that you are, you most probably got curious and did a few research of your own. But resources seem to be few, and what meager data you've found made you wonder even more?Is drop shipping a fact or a myth?I can't blame you. There are quite a lot of reasons why information about drop shipping haven't fully invaded ...(related: Auctions)

Top Internet Businesses
The internet is packed with web businesses jockeying forthe attention of regular users. Selling everything underthe sun and offering a substantial array of services, theinternet is quickly becoming the favorite of users,surpassing traditional catalog and store shopping. Inaddition to phenomenal sales and dynamite deals, theinternet offers access t...(related: Auctions)

From Ebay Zero To Power-selling Hero: How To Learn New Tricks Without Spending
The Internet is the fastest-changing marketplace on earth. Million-dollar ideas from one year ago might notgenerate a single penny today. And the best search engineoptimization strategies from months ago may be completelyinvalid now.But this doesn't affect the best Internet entrepreneurs.It only hurts the one-hit wonders. In fact, it is what separates the top sellers from the struggling sellers.Most of the struggling sellers rely entirely on the information they get from ebooks.The best entrepreneurs know that you must be able to conduct your own analysis if you want to stay on the top.Books and courses can help you get there, but ultimately,you must learn how to conduct your own research.Now, you can spend hundreds of ho...(related: Auctions)

How To Sell Santa?s Slip-ups
Shoppers spent more than $15.5 billion this Christmas on gifts on the Internet alone. Just imagine how many millions went to unwanted polka dot sweaters, electric nose hair clippers, and thigh masters. Th...(related: Auctions)

Losing Sales By Overcharging For Shipping And Handling
As a serious seller on eBay you're familiar with their fee circumventing rules. If not, visit: http://pages.ebay.com/help/policies/listing-circumventing.html.In a nutshell their rule is that you are not allowed to put an item up for bid for a penny and charge $100 for shipping and handling (S&H) in an attempt to avoid the transaction fee. Since we are not trying to avoid fees we all follow the rules ? right? To a certain extent yes, but many sellers are still stretching the bu...(related: Auctions)

Game Theory, Nobel Prize, & Auctions - Auction Primer Series ? Part 1
William Vickrey, highly regarded as the founder of auction theory, was an economics professor at Columbia University when he published two papers outlining his views on auctions:"Counterspeculation, Auctions, and Competitive Sealed Tenders", 1961, Journal of Finance"Auction and Bidding Games", 1962, Recent Advances in Game TheoryIn 1996 he received a Nobel Pr...(related: Auctions)

Top Internet Businesses
The internet is packed with web businesses jockeying forthe attention of regular users. Selling everything underthe sun and offering a substantial array of services, theinternet is quickly becoming the favorite of users,surpassing traditional catalog and store shopping. Inaddition to phenomenal sales and dynamite deals, theinternet offers access t...(related: Auctions)

Taxing Your Ebay Profits
As a small business person-slash-advice columnist I dread the first quarter of the new year. Not because in my mind my own business fortunes start at zero again every January or because I have already dismissed every New Year's resolution I made when the clock rang out the New Year.No, th...(related: Auctions)