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Thursday, November 24, 2011

Bidding And Buying On EBay: Bonus Or Bogus?

You're undoubtedly heard about people getting great deals on items they bought through eBay. If you're a bit envious and ready to try your hand, here's your chance to learn more.

Exactly What Is An eBay?

It's an online auction website, in fact the biggest one in the world. You know how an auction works -- someone puts up something they want to sell and then buyers come along and place bids on it. The highest bid wins the item.

Being an online auction makes eBay a bit different, though. eBay accepts almost any item, no matter how small, and will then advertise it on their sites all over the world.

How Does Bidding On eBay Work?

Bidding on eBay is a little more complex than a normal auction. On eBay, you enter the maximum amount you are willing to pay for an item, and then eBay places the bids on your behalf. You could enter a maximum bid of $100 for something, and end up paying only $25, if that was sufficient to win.

The best introduction to eBay is to dive in and give it a try. First, you need to go to the eBay website for your country. If you don't know the address, just go to www.ebay.com and you will find it. Once you have the front page of your country's website, you should see a big box marked "esearch." Just type into the box anything that you'd like to buy.

When you enter an item, say an opal ring, the website gives you a list of opal rings for sale, along with how much people are currently bidding for them, and the time when bidding ends for that item. Click on each of the listed items, and you can read the description. If you find an item you want, and are willing to pay more than the current highest bidder, then it's time to enter the fray.

How Can I Buy What I Want?

On the item's description page, scroll down to the bottom and type the maximum you are willing to pay into the box. Then click the "eplace bid" button. At this point you will need to sign in, or go through a quick registration process if you are new.

eBay will let you know if someone else's maximum bid on that item is higher than yours, and you'll have an opportunity to change your bid. Otherwise, you're now the new highest bidder! You can sit back and wait until the end of the auction. Meanwhile, if someone else outbids you, eBay will notify you by email, and you can revise your bid.

Sounds like a fun shopping experience, doesn't it? Well, if you're ready, it's time to jump into the eBay.

Source article:
Visit www.shop-ebay-now.com to learn more. Ron King is a full-time researcher, writer, and web developer, visit his website at www.ronxking.com

Wednesday, November 2, 2011

5 Pricing Strategies To Increase Your Final Selling Price

Are you struggling to achieve the price you want for your items? Are you jealously watching your competitors’ auctions generate more cash?

Use these power pricing techniques and watch your final value explode making you the envy of your competition.

The “I can’t believe the price” technique

The best way to attract the most bids and high selling prices is to start your auctions with a ridiculously low bid price ie 0.99c/p. This will entice more bids and creates ownership……

What do I mean by ownership? Most of us have been there. You bid on that must have item at the ridiculously low price. Then, someone outbids you. You get mad……..How dare they outbid you. It is your item and you’re going to get it.

You make a counter bid. The other bidder follows and makes another counter bid and before you know it, you’re both in a bidding frenzy and have smashed through your maximum bid ceiling and you end up paying more than you planned.

In my experience, this has only happened when I have started an auction with a very low starting price……….To create a frenzy, start low and most of the time you will achieve the selling price you are after.

The double auction technique

I have used this technique to great effect selling high ticket items in the featured listing category at the top of the auction search page. Note – it costs extra to list your item as a featured listing.

List your item with a starting price you would be happy to sell at. If after a few days, you have no bids, list the same product with a high fixed price or high starting price. Your new listing should appear near your first listing because few people use the featured listing category. Buyers look at both auctions and believe they are getting a bargain by bidding on the lower priced item.

The Wal Mart technique

You can use this technique when you are selling similar of identical products to your competition. You simply check the price of competing auctions and do a ‘wal mart’. Simply list your item for less than your competition. Think about it – if there are two listing selling identical products, would you buy the cheapest or dearest?

The “why wait” technique

With this technique you set a buy-it-now price close to the minimum bid price. For example, if you were selling a pair of Nike trainers you could start the auction at $20 but have a buy-it-now price of $30. For a mere $10 more, the buyer can then buy the item without the fear of losing it by being outbid at auction.

The ‘One Time Offer’ technique

I use this technique every season with different products. You can have a summer sale where you offer a one time only percentage discount for a particular item. You then offer an Autumn sale with a different product. Plus, you don’t have to wait for a change of season. You could have an end of line sale or moving office sale – the choice is yours. Just don’t keep doing it with the same product.

Which one should you use? The answer is to test each one and use what works best for your products. Take action, never stop testing and watch your profits soar.


About The Author

Jason Manning is an ebay powerseller and a business opportunity nut. Read his FREE no BS business opportunity reviews at http://www.no-bs-reviews.com.

How To Bid Lower But Get Higher Ranking With Google Adwords

Nowadays Google’s Adwords has become the main contender for pay-per-click industry leader, Yahoo! Search Marketing Solutions.

If you can afford use both of them. Especially with recent changes made by Yahoo, small business owners with limited budget should have no problem to jump into the ships.

Out of that, today we’re going to discuss about google’s adwords.

Google has extended networks that match Overture, and requiring relatively small amount of money and time to start it’s obviously not something you can miss out in your marketing campaign.

We’ll begin at:

Find Exact Keywords That People Is Searching For Buying

According to Planet Ocean, people who actually willing to purchase will type in 3 or more word-phrases. For example, “stock trading book”. This is where you’re going to start.

Go to http://inventory.overture.com/d/searchinventory/suggestion/

And type in the common term of your business, which in this case is investment. Yahoo! Search Marketing Solutions’ suggestion tool above then will give you a list of exact and related keywords had been searching during the previous month.

In this way, you’ll have rough prediction which one you should bid for.

After that your ad copy too should be enticing people to click through.

The Secrets To Bid Lower But Get Higher Ranking

Google’s adwords considering your placement of the search pages based on 2 factors:

- How much you bid and

- How much your ad get click through

Google’s adwords will give you better placement even though you pay for less than your competitors, if and only you get the highest click through rate of all your competitors’ ads.

How to get the highest click through?

Contrary with what people believe, I would say bid more at the beginning. From my personal experience, at first, I bid as lower as I can. But nobody will see you if your ads bury in third pages, especially for competitive terms.

So bid more to get on the first page. You don’t have to be on the first rank, just make sure people can see you.

On this early stage don’t choose contextual targeting option. Contextual targeting option is google adword’s feature that makes your ads displayed on related google’s partners’ content site.

Keep tracking your campaign, right after you get higher click through rate drop your bid lower. This way, you can get higher placement but bid for lower without losing your spot.

How To Write Compelling Ad Copy That Make People Buy

Here’re 3 clues to help you:

> Basically, all about writing ad is all about writing benefit.

For instance, you sell digital product through PDF (you can learn more about this by going to www.adobe.com).

In this case you can state about “instant delivery” to your customers’ computer as benefit. Meanwhile ‘PDF distribution’ that made instant delivery possible is feature.

> Your ad’s headline should be the most compelling benefit you can offer. For example, “Instant Way To Learn Japanese Language”

> Put the price tag in the end of ad. In this way you can make sure that customers that click through your ad is the ones that ready to buy.

Where to Go Now?

After you pass this stage, then you can choose to display your ads through contextual targeting option or not.

Also you can test various different ads on same keyword to find out which one gets the highest click through.

However, be careful to set up your budget wisely. Un-proper planning could drain your pocket off in a minute.

The simple way to determine your advertising budget is by asking this question, how much you can afford to loss?

About The Author


This article is authored by Andrew Heuw C.C.N (Certified Crazy Netrepreneur) If you want to learn more about basic to advanced internet marketing techniques that have been helped too many people become Internet Millionaire. Please visit =>> http://www.emillionairesecretsexposed.com.

Selling Your Product Online Is Not As Hard As You May Think – Few Easy Steps

The prevalence of selling product online is increasing by the day. Why? Because even when you are peacefully sleeping, you can be assured that your product is being viewed without you having to do anything.

Of course, this is not always the case especially if you have just started promoting your product. There are still a lot of things that you need to do to get your product or service to the online market. Most often than not, a tremendous effort on your part will be required.

Selling products online can be done in several ways. In fact, there are so many ways that you will have no excuse for not succeeding in the business you want to venture in.

One way of selling products online is by joining subsisting domains like the widely known amazon.com. You can list as many items as you wish to sell and for every sale, you give the site a percentage of it. So, there is mutual relationship. They help you and you help them.

Another way is through auction sites such as eBay where you can post your products and allow people to bid for how much a product will be bought for.

Now, if you do not want to join any other website, then you can opt to set up your own online store. However, this may cost you a big amount of funds. You will have to spend for registering a domain name, website hosting, software for e-commerce, website development and maintenance, internet access among many others. You also need to hire a professional to work on your website design and everything else that is needed. A lot of time and effort is required if you choose this option.

You do not always have to spend a great deal just to sell your products online, though. You just have to learn to be resourceful and strategic in finding means to get your products online. One way is through direct mail. Nowadays, it has become almost impossible to make use of email to introduce your product to prospective buyers because of spam filters. However, there is actually an option to buy or rent a mailing list that will help you reach potential customers.

Another is through blog. If you have one, you can actually make use of it to advertise a product or products that you want to sell. You just have to build traffic to your blog so to make sure that your product is being viewed. Get more subscribers as much as possible. You may also use your blog to inform people about your product.

Ezines could also work for you. If you can make quality write-ups about your product or service, submit them to any popular ezine sites. It can also help if you write about other interesting and unique topics. Just make sure that you have your signature box ready with your product name, URL and a brief description. By writing free informative information that might be of interest to more people, you are at the same time promoting yourself and your expertise to thousands of online business persons online. You will build credibility and they will trust that your products are good.

Selling products online should be easy. You just have to find the right technique to get potential customers and successfully make a sale.



About The Author

Egidijus Andreika is a creator of Click2Sell.EU - affiliate marketing network. Click2Sell offers money making opportunity with online affiliate program network. Merchants - sell your products and develop online business. Affiliates - work at home and earn money online. Visit http://www.click2sell.eu

How To Create A Bidding Frenzy For Your Item Listed On eBay

Lets consider the PSYCHOLOGY of people bidding on eBay for a moment ...

Once someone has placed a bid on your eBay listing, they have ALREADY PICTURED THEMSELVES WINNING THE AUCTION. They mentally OWN your product and DON'T want anyone to take it away from them. They want to WIN it. After all, no one likes to LOSE - even if it's "losing" an eBay auction.

But if someone looks at your eBay listing and doesn't place a bid, perhaps they just add your listing to their watching list, then they haven't committed themselves and don't mentally "own" your product.

Also, if your eBay listing has no bids, potential customers will be wary. They'll wonder why no one has bid. They'll wonder what everyone else knows that they don't. If other people have already bid, they will feel more comfortable bidding themselves.

So when you list an item for sale on eBay, you want to create a bidding FRENZY. You want as many people COMPETING to buy your product as possible. You want to encourage as many people to place bids as early as possible. And the best way to get as many people as possible to bid on your eBay listing as early as possible is to list it for a minimal starting bid with NO RESERVE.

Many people who aren't serious will bid early - on the off chance that they may just get an incredible bargain. Once the price rises to a certain level, they will cease bidding but by then they will have served their purpose. Their bids will have encouraged others to get in on the action.

One of the main reasons people use eBay is to get a bargain. A low starting price with No Reserve gives them the chance to snap up a bargain. A high starting price and/or a Reserve reduces the chance of getting a bargain and puts people off bidding.

So ideally you should have a minimal starting price (e.g. 99 cents) and No Reserve. Now, if you are selling an expensive item, the thought of that probably fills you with dread - but you HAVE done your RESEARCH - haven't you? If you haven't - DON'T list until you have!

If you have done your research, you will only be listing something for sale on eBay that you KNOW is going to sell at a profit. And if you have listed the item correctly, in the right category, with a good title and picture, a benefit-laden description and excellent terms and conditions, you know that you will get the best possible price. So you can be confident and put your faith in the market.

The more people bidding, the higher the final price is likely to be. So you want as many people bidding as possible. And a low starting price with No Reserve will get most people bidding. This also minimises your listing fees.

The higher the starting price - the higher the listing fee and fewer people will bid. If you have done your research and are still not convinced that your item will fetch a high enough price, then set the starting bid as low as possible - just enough to cover your costs. But you WILL get less bids than if you start with a lower initial bid and you may find that your item doesn't sell.

About The Author

Martyn Boaden is the Founder of The Online Auction Resource Centre where you will find more information and all the resources you'll ever need to set up and run your successful and profitable eBay business. And for a limited time only you can get instant access to his popular eBay Business Box (worth $164 + $17 pm) for FREE by clicking this link: http://www.TheOnlineAuctionResourceCentre.com

Online Auctions: 10 Secrets You Should Know Before Bidding At An Online Auction

You may have heard about ebay and other online auctions.

You may have participated in some of the biddings.

But before you do the next bidding for a product or service, here are some few important online auctions secrets to help you:

1. Know the value of the product before you bid. If the product is brand new, check to see what price retailers are charging for it. If the product is used or reconditioned, you will want to pay way less than the retail value.

2. If the product's description or picture isn't detailed enough for you, contact the merchant to get more information before you bid. You don't want to take a chance to waste your hard earned money.

3. Know the highest price you will bid for the product and stick with it. Don't get caught up in a bidding war; you may end up paying more than the product's worth. Don't forget to add in the shipping price with your bid.

4. Visit a few online auctions before bidding because some merchants auction the same product in many auctions. You usually can purchase the product for a lower price in a unpopular auction because there are less bidders.

5. Know the time the auction begins and ends. You also want to know how long it will take to ship. If you need the product by a certain date, you'll want to estimate the time it will take to receive it.

6. Know the payment options the merchant accepts before you bid on their product. If they only accept checks or money orders, it may take even longer to get the product because the payment has to clear. If they accept credit cards make sure they have a secure server.

7. Know if the merchant offers a warranty or money back guarantee or before bidding on a product. You don't want to get stuck with a product that does not work or you're not satisfied with.

8. Online auctions will, sometimes, allow you to check the merchants history with their auction. Check to see if people have complained about the their products or business practices before you decide to bid.

9. It's important to place a bid early in the auction to show other bidders you are interested in the product. If someone does out bid you, don't be afraid to out bid them. Remember not to go over your maximum bid price.

10. Another reason to know when the auction ends; you can place a last minute bid. The other bidders may not be keeping track of when the auction ends or may not have the time to bid again.

May these online auctions secrets help you to make a lot of money.

Warmly,

I-key Benney, CEO

About The Author


I-key, a Millionaire CEO from New York City is the creator of "Mscsrrr: Millionaire Secret Cash System", (internet income opportunity) which has helped thousands of ordinary people from all over the world to attain financial security and shining success during the past 2 yrs.

Mscsrrr Millionaire Secret Cash System helps you to generate $1,500+/Week for life, from home or office, part time or full time. No large investment or hassles. Win $1000-$2000 free “cash”…

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mscsrrr3@yahoo.com

Making Your Item Get The Best Bid On E-bay

Having a worthy item does not immediately guarantee that you would receive the highest bid. Sometimes, it takes more than a great product to get the top bids in E-Bay.

One of the things that you should consider is the presentation of the product. The product should be presented carefully and gracefully because buyers are often attracted to products that have presentable packages because it promises that it is also a quality product. Research is always a good thing therefore a little research regarding your product is important because it would help you determine many things in E-Bay like the demand of the product, the price range for the product as well as the quality of your competitors. As they say, keep your friends close but keep your enemies closer and this saying is really appropriate for E-Bay.

Okay now, first things first, make sure that the product is on the right category. This is because most customers browse products online through categories and once you put your product in a different category, chances are customers would only bypass the ad and you would lose your chance of selling or even advertising the product. The right category is important because it makes your product known in this department and if it is really good then the quality of your product could be known. The second thing that you have to consider in order to have a high bid in E-Bay is to take quality photographs of the items. A quality picture means that the item should be presentable enough for sale. Though quality pictures suggest a presentable outlook, it does not mean that you should lie regarding the quality of the product. Honesty is the best policy here and for example your items have minor defects like a glitch on the backside. Be honest enough to admit it and also take a picture if necessary. This would ensure the customers that the damage in the item is only minor and could not affect the purpose and reason of the item. Another thing that you could do is to advertise. Advertising is really not a bad thing because you give exposure to the items and the longer you expose it, the more potential customers you could have thus giving you the chance to have a best bid of the product.

Getting the highest bid only needs a combination of strategic planning as well as execution. This is needed so that one could maximize the benefits of E-Bay.

About The Author


David Riewe is a Publisher and Online Marketer. Visit his eBay Blog to Discover 101 Ebay Auction Tips in this FREE ebook http://www.push-button-online-income.com/ebayblog.