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Selling on eBay - Have You Found the Magic Formula Yet?

Selling on eBay can be very profitable and a great way to make some cash while clearing your house of unwanted items at the same time. It's quite simple, just describe and photograph your items and seven to ten days later you'll get a payment though paypal or by cheque posted to you.

With so many items available, how do you ensure that your item sells above similar items. Despite many ebooks, self acclaimed experts and guides on the subject, there simply is no magic formula to absolutely guarantee you sell successfully. Even professional power sellers sometimes have a maximum of just 60% of auctions finish successfully. However you can increase the odds of your auction finishing successfully by using your knowledge of how buyers search.

The title of your item is the most important part of your item description. The reasoning behind this is because a standard eBay search will only search item titles. A massive 70% of buyers use eBays search box to find the items. Keywords entered into the search box are not compared with the item description or sub-title.

So ideally you need to research into your item before listing it, or at least before deciding on the title of your item. To assist you with there are two services I recommend. The first of these is called Keyword-Pro which is a comprehensive list of top 50 keywords in every eBay category. Updated weekly, the service can give you a wide range of keywords to insert into your title to give it a higher chance of being found in searches.

Details can be found at: http://trading-web-solutions.com/keywords/

eBay themselves have a smaller less powerful version that lists the top 10 keywords in each category. With just 10 words you are less likely to find words relevant to your item. It's still worth a look though - You can find eBay pulse at: http://pulse.ebay.co.uk

However a word of warning about your title. NEVER KEYWORD SPAM - This is listing irrelevant keywords in the hope of your item being found. It's used most often with vehicles, if you've used eBay to search for vehicles before surely you must have saw an item titled such as the following

"SEAT LEON CUPRA - NOT CRX, MR2, AUDI, TURBO OR LOTUS"

See in this example how the seller would be using popular keywords to draw visitors to their auction. It's a clever tactic but if someone reports you to eBay your auction will be removed and you may be issued with a warning, or even have your account closed.

Finally, if 70% of buyers use the search function, what about the remaining 30%. We can assume that the majority of them browse though the categories on eBay. Did you know for a small fee of ?9.95 (eBay.co.uk) you can feature your item so it's at the top of the section. If your items of high value, them featuring it is strongly recommended. This way you should gain high coverage however your bidders search.

Mark Kenny is an eBay seller & online entrepreneur who highly recommends the Keyword-Pro. Full details are at: http://trading-web-solutions.com/keywords/

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 ...

Deal part of makeover for local online auction house
Houston Chronicle, United States - 15 minutes ago
By BRAD HEM HOUSTON CHRONICLE When Asset Nation announces the planned acquisition of rival Asset Auctions today, it will complete a three-part makeover for ...

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 - 41 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 - 8 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 ...
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