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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 .

In The News:


Vuvox Brings Rich Slideshows To eBay Auctions
Washington Post, United States - 16 hours ago
But until recently users had to go to Vuvox's homepage directly if they wanted to include a widget as part of their auction. Now, eBay is conducting a pilot ...

Generals to hold two jersey auctions
OurSports Central (press release), WI - 7 hours ago
Ten jerseys will be auctioned off and the fans will get to decide if they want home or road. The auctions will take place in the lobby immediately following ...

3 News NZ

Milkpowder prices dive in Fonterra online auctions
New Zealand Herald, New Zealand - 6 hours ago
Fonterra says whole milkpowder prices today fell for a fifth time in its internet auctions, taking them to their lowest in more than two years. ...
Fonterra Milk Powder Prices Decline for Fifth Month (Update1) Bloomberg
all 29 news articles

Business Wire (press release)

Inland Real Estate Auctions, Inc. successfully sells Highland Park ...
MarketWatch - Dec 1, 2008
19, resulting in a successful sale just six weeks after Inland Real Estate Auctions was engaged to sell the property. "This is a great example of why the ...
Robert and Melissa Storment of Real Estate Auction Associates ... Business Wire (press release)
all 12 news articles

Obama Photo Op, Two Inaugural Seats Draw $62500 Bid in Auction
Bloomberg - 30 minutes ago
The Obama meet and greet, which is being auctioned off to benefit the Samuel Waxman Cancer Research Foundation, has fetched a top bid of $62500 since it was ...

Treasury Auctions $28 Bln. In 26-Week Bills
RTT News, NY - Dec 1, 2008
(RTTNews) - The US Treasury Department auctioned $28 billion of 26-week bills on Monday, with results showing little change in demand for the securities ...

Abercrombie Auctions International hosting Grand Auction during ...
Auction Central News, NY - 11 hours ago
Now - you can put Auction Central News Headlines right on your site! With this handy widget, your site's visitors can stay current on all the news in the ...

Rascal Flatts in Two eBay Auctions
Great American Country, TN - 7 hours ago
2, 2008 — Christmas is a giving season, and Rascal Flatts is hoping their participation will net funds for a couple of worthy charities in online auctions ...

WWA Group Exhibits at Big 5 Show in Dubai
MarketWatch - 14 hours ago
"Equipment prices at our most recent auction in late October were in line with pricing at prior auctions in 2008, and we see robust interest in purchasing ...

National Post

Economic downturn affects art auctions in Hong Kong
Channel News Asia, Singapore - Dec 1, 2008
During auctions of Asian contemporary and Chinese 20th century art, almost 50 per cent of the pieces had no takers. Zhang Xiaogang's "Bloodline: Big Family ...
Has the Asian Contemporary Bubble Burst? ARTINFO
Oliver Stone Sells Chinese Painting at Tepid Hong Kong Art Sale Bloomberg
Market News: Oliver Stone nets a profit from Chinese art Telegraph.co.uk
Bloomberg - Bloombergall 59 news articles
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