How to Know How Much You Sold on Ebay This Year

eBay connects millions of buyers and sellers effectually the world. Information technology as well tin can be a great way to make money — whether you are working from dwelling house with very little investment or you're a reseller who sells large quantities of products.

Why Sell on eBay?

There are 182 1000000 eBay buyers worldwide .

It's 1 of the largest global online marketplaces, featuring approximately 1.iii billion product listings on any given 24-hour interval.

Who is Selling on eBay?

In that location are a few different types of eBay sellers. You've got your newbies or amateur resellers, who sell a few items at a fixed price, and then you have PowerSellers. PowerSellers are professional person sellers who spend a lot of fourth dimension purchasing items, packaging products, shipping and receiving goods, and managing auctions.

For example: eBay Ellen — an amateur reseller — has a lot of habiliment. She's a fashionista who goes through trendy clothes rapidly. To make extra cash, she turns to her cupboard and sells her gently used designer threads under a fixed-price listing.

Video Game Vince is a gamer and comic volume collector — and a PowerSeller. He scours the internet for comic book collectibles and video game action figures to resell. He has a thriving business on eBay dedicated to reselling exclusives and difficult-to-find gaming/comic book merchandise.

Whether you're a newbie or a PowerSeller, you lot tin flourish in this time of growth of the secondhand economy, getting your products in front of a global audition with eBay.

What Should You lot Sell On eBay?

Three categories that sell particularly well on eBay are:

Motorcar parts,
Used goods, and
Closeouts.

While some eBay sellers focus on a niche product, others follow the trends to sell what is pop at the moment. This will crave a bit of research on your part.

Find out what's trending.

Ane mode to observe out what'southward hot in the market is to see what is trending on eBay. You tin can use this tool from eBay to see what buyers are searching for.

Another resources for researching seasonal trends and historical data is Google Trends . You can utilise it to aid gauge consumer demand and decide the best time to list and sell your product.

For example, let's say your concern sells snowboards and snowboard accessories. Type in "snowboard" on Google Trends, and you'll see a spike in web search volume in late November through early on December.

Price your products.

Once you lot've determined what you want to sell, you'll need to exercise your inquiry and price your items competitively. You can utilize the eBay appraisement tool to determine the value or trending toll of a particular item in a specific category.

eBay Selling Format

When eBay offset launched in 1995, it was a true peer-to-peer marketplace built on auctions. As it evolved, yet, eBay introduced an alternative to the sale with its "buy it now" characteristic. At that place are pros and cons to each selling method — the ane that will piece of work all-time for you lot is highly dependent upon your private business.

Auction-fashion selling.

eBay rose to fame on its auction-style sales. You run a traditional auction for a specified number of days. At the start of the auction, y'all list an opening bid, and then buyers will bid upward from the opening price. When the auction comes to an end, the highest applicant wins.

This blazon of selling works great for someone like Video Game Vince because he deals in unique, collectible items. Passionate fans of the comic volume genre will feverishly bid upward the pricing, allowing Vince to pocket a nice turn a profit.

Pro tip: Set a reserve toll — or, the everyman toll you are willing to accept for the item. That gives you the control to ensure you don't sell the item until you tin can become the corporeality yous believe it is worth.

Fixed-cost listings.

Also known as the "Buy It Now" method of selling, this enables the seller to declare a fixed cost for an item. eBay shoppers know the verbal price upwardly front and can buy it immediately — no behest necessary. This style of selling is efficient and convenient, every bit in that location is no haggling or waiting for an auction to finish.

Developing Product Descriptions for eBay

On eBay, shoppers search for products using keywords. You can optimize your product clarification past making sure to include relevant keywords and product identifiers.

Write detailed product descriptions that include these attributes:

Brand ("Nike").
Way or model ("Air Zoom Pegasus").
Model number ("Galaxy S10").
Color ("Black").
Size ("Men's size 12," "extra broad," or "Women's viii").

It is imperative that you structure your production attributes similarly to the words and phrases users are typing into their eBay searches. For instance, instead of your production title beingness "Converse Chuck Taylor Shoes," a more optimized title would be "Converse Chuck Taylor All Star Shoes, Size ix White."

You should besides exist very transparent about any product defects the item may have, and disclose whatever issues or flaws related to the product.

Additional information to mention:

What are the item dimensions?
Does it require batteries and are they included?
What accessories are included?

Product identifiers.

Using product identifiers in your listings can help increase your item visibility, which in turn will help optimize sales.

When buyers look for items on search engines like Google or Bing, those search engines await for specific data chosen product identifiers. eBay requires product identifiers when you list branded products in new or refurbished condition in certain categories like consumer electronics and wellness and dazzler. You tin can find a comprehensive list of categories here .

Product identifiers are made up of 3 elements:

Brand.
Manufacturer Function Number (MPN).
Global Merchandise Item Number (GTIN). A GTIN can include the Universal Production Code (UPC), European Article Number (EAN), Japanese Commodity Number (JAN), or International Standard Volume Number (ISBN).

eBay uses production identifiers to help buyers quickly find items during a search. When y'all include product identifiers in your listings, your production will be eligible for higher search visibility — on eBay as well as outside search engines.

It will also be eligible for special price alerts (e.thou., when your listings are priced below the trending toll) and included in more deals and promotions.

Adding product identifiers is highly recommended to maximize your potential on eBay through improve production placement and better SEO information for search engines.

Product attribute guidelines and best practices.

Product attributes define the relevant and important facts nigh a production — such as brand, way, size, and color. You tin often find product attributes listed every bit production "specs," or specifications.

eBay defines a set of item specifics for each category. Product attributes are created past mapping the product specs to the item specifics of the eBay category.

Providing a very detailed set of item specifics will create a consummate prepare of structured information that allows the search engine to locate and filter products. This improves the relevance of search results to what users are typing in their search queries.

Product dimensions.

If applicable, include the dimensions of the item in the attributes. The product dimensions should specify the size of the actual production, not the packaging size.

Multi-packs and bundled products.

Here are some of import details to remember when creating the aspect list for a multi-pack or manufacturer-created bundle:

The attributes for a arranged product should include the product identifier(due south) assigned past the manufacturer to the bundle.
Attributes for the bundled product should apply the manufacturer's GTIN number for the packet. Don't use the GTIN of the base of operations product or whatever of the products within the parcel.
The attributes for a multi-pack must include the product identifier(s) assigned to the multi-pack by the manufacturer.
The attributes of a multi-pack must specify the GTIN of the specific multi-pack being described.

Production variants.

Another tip is to include product variants on i page instead of multiple. We've seen that eBay is starting to group products by GTIN, and then this will be increasingly more important in your fix-up.

Managing Your Product Listings

In one case you lot've decided to jump into the eBay marketplace, how should yous manage your production listings?

Y'all could use spreadsheets if you merely accept a half-dozen items listed, similar eBay Ellen. Yet, if you have hundreds, thousands, or even millions of products, a spreadsheet will be too complicated, unwieldy, and inadequate.

A feed management platform , used in conjunction with an ecommerce platform similar BigCommerce, tin make your listings much more than manageable.

Would-be eBay merchants often inquire: "Can I have my existing product feed on Google Shopping and utilise information technology on eBay?" If your products are listed on an ecommerce platform like BigCommerce, feed management platforms tin accept the existing product feed, put information technology into the correct format and export it to eBay.

Managing Your eBay Orders

It's disquisitional that you manage your orders carefully and monitor your inventory. You never want to exist in a position where you are list out-of-stock items on your site.

With feed management platforms, orders are updated and synced to your online store. Information technology's important to continue everything in sync with the shortest lag-times possible, peculiarly if you lot have low inventory of an detail selling across multiple marketplaces .

Here'due south an example of how feed management platforms tin can help:

A client needed assistance with managing orders for two marketplaces: eBay and Amazon .

This customer had multiple products that were low in stock, and they wanted to avert running into an oversold situation — which can get sellers suspended from eBay. Feedonomics was able to solve this problem by intelligently controlling inventory on multiple channels.

eBay All-time Practices

The all-time practices listed here are much the same as all-time practices you should follow on any market place, besides as on your ecommerce site . But they volition exist specially important on eBay, as you'll need to differentiate yourself from competitors also selling on the channel.

Here are some general tips, with more information to follow:

Ship within the expected timeframe.
Process your orders in a timely manner.
Respond to customer questions promptly.
Ensure that y'all follow the return policy listed on eBay.

High-quality photography.

Take high-resolution photos against a plain white background to brand the products stand up out. Brand certain the lighting is sufficient to feature the item and its relevant details.

Try taking shots of the product from different angles, and become some shut-up shots as well to highlight details. Don't utilize props — that will only distract your shoppers.

Fast, low-cost shipping.

Cost and speed are top of mind for eBay buyers. Over the years, buyers' expectations have increased, and they are more frequently looking for free shipping.

Fun fact: 71% of products purchased through the eBay marketplace are shipped for gratis.

Offer competitive shipping prices (low-cost or gratuitous shipping is best) to appeal to more buyers and increase your chances of a auction.

Free returns.

eBay offers five unlike return policy options for y'all to choose from:

No returns accepted.
30-day buyer-paid returns.
30-solar day free returns.
lx-day buyer-paid returns.
60-day gratuitous returns.

Information technology goes without maxim that the most attractive return policy for the eBay buyer is complimentary returns.

Strong customer service.

The reviews are in — literally and figuratively! The best way to avoid bad eBay reviews is to maintain good standing with your customers by having customer service .

Conclusion

To maximize your ecommerce shop'southward potential on eBay, you accept to exercise the inquiry, put in the work, and exist patient .

In that location is null quite like eBay, which offers the diversity and the latitude of unique products, giving sellers the opportunity to sell products that y'all wouldn't come across in any other market.

Is eBay the correct fit for you?

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Source: https://www.bigcommerce.com/blog/selling-on-ebay-for-beginners/