There are lots of people selling lots of things on eBay. Whether they are successful or not, is anyone's guess. However, there are five secrets that if you learn and follow will guarantee you make a profit selling on eBay.
Secret #1 - Knowing what sells. Sounds easy doesn't it? However, you would be surprised at how many people are unaware about what really sells on eBay. People waste their time and effort listing items that don't sell or maybe do sell but they break even if they are lucky. You can check out eBay's Pulse page for hot items that sell. My secret; toys sell all year round on eBay. Selling toys during the holidays isn't the only time to sell them. There are many parents attending many children's birthday parties all year round that need to buy toys as well as grandparents who will spend a lot of money to get the perfect gift for their grandchild.
Secret #2 - Knowing the best days to have your auctions end. A lot of people do not realize that, yes, it really does matter when your auction ends. It doesn't matter what day you list it, it is the end day that matters the most. What are the best days for your listing to close? The secret is Thursdays and Fridays. In my experience I have received the highest bids on my auction items when they have closed on either of these two days.
Secret #3 - Knowing the best time to have your auction end. The day when your auction ends is important but the time your auction ends is even more important. The best time to have your auction end; approximately 10:00 p.m. eastern time on Thursdays or Fridays. This gives people on the West Coast who have already gotten home from work, had dinner, and family time, time to surf the Internet. You will capture your largest crowd across the U.S. this way.
Secret #4 - Knowing what price point to list your auction. So you don't want to list your precious necklace that you've had for years and never worn at 99 cents? Then you shouldn't be on eBay. Because the competition to sell on eBay is fierce, unless you list your auction at 99 cents you probably won't have many lookers let alone buyers. You will be surprised how quickly an auction that begins at 99 cents ramps up to the hundreds of dollars for items that are popular.
Secret #5 - Having both fixed price items as well as regular auctions running simultaneously. Why? Because once someone looks at or places a bid on your auction item, they will see your fixed price item as well. If they don't want to wait the auction out they will buy your fixed priced item immediately. If you can afford the cost of an eBay store, you have an even much better chance for selling success.
Using these five secrets will guarantee your success on eBay.
I am a wahm of 2 kids. My favorite link for making money online with eBay is http://www.auctionsupport.info. If you would like more info. about eBay secrets you can check here http://www.auctionsrus.info.
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