If you’re heading off on holiday and won’t be able to accept and process any orders then it’s crucial that you make your listings inactive. Some Amazon sellers will set their inventory quantity to zero or extend shipping times while they take a break, however, with a few simple steps and a bit of preparation you can temporarily deactivate your listings and avoid disappointing customers with delays. Benchmark successful sellers, and you will be surprised at how much your items will sell for.With all the pressures of running an ecommerce business, as well as Amazon’s strict performance metrics, taking a holiday might seem impossible. This is how I found out that my tennis racket could have sold for $150 instead of $75. The advanced search option on eBay allows you to filter sold and completed listings by category and buying format (auction or fixed price). She emphasizes the importance of studying other sellers to see what has worked for them. Listings that used the word “sneaker,” for example, sold at a 52% higher price than those saying “trainers” instead.īut what words should you use? “Follow success,” Crawford says. Results showed that carefully chosen words increase traffic to your auction and even impact the final price. Researchers at Birmingham City University, in England, analyzed more than 15 million words in more than 68,000 completed eBay listings. Some words are more profitable than others.
You’re allowed a maximum of 80 words in your product description. “What kind of words would you place in that search bar to find your item?” “Think like a buyer,” says Danna Crawford, another consultant to eBay sellers. But eBay will credit you $3.30 for the charity link, bringing your bottom-line gain up to $91.30. Give 10% ($11) back to eBay, and give away 10% (another $11) to charity, and you’re down to $88. With the charity tie-in, you’ll attract more shoppers, perhaps driving the final price up to, say, $110. Without the charity tie-in, you might sell the camera for, say, $100 subtract eBay’s 10% cut, and you’ll net $90. For example, let’s say you’re selling a camera. Additionally, eBay credits back a portion of the seller fees - equal to the percentage of your sales price that you designate for charity - after you sell the item, increasing your profits on the sale.Įven after donating a portion of your proceeds, you still might come out ahead.
Your donated proceeds are tax-deductible. While most online shoppers hunt for the cheapest price, some buyers filter for listings associated with a specific charity. If you do so, the organization’s logo will appear in the item’s description, which will attract more traffic to your listing. When listing your item on eBay, you can choose to donate 10% – 100% of your auction’s final sales price to a charity of your choice.
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