Home | Internet Business
I'm going to inform you of a approach that you can use to achieve three objectives critical to "wringing" the most profit possible out of your eBay auctions. 1) Determine the uppermost amount your item is likely to get. 2) Double the amount of views your auction receives. 3) Instantly get "warm" customers to look at your auctions. Allow me to give you an example of the way I use "Instant Page Views" approach to accomplish these goals. Once I show you how it is accomplished, you can be able to easily integrate this little known approach throughout your personal eBay auctions. I ran an auction for a "Deni Scoop-Factory Soft Serve Automatic Ice Cream Maker + FREE Extra Speedee-Freeze Canister." This was a nice little homemade ice cream maker. I relisted this little gem because I listed it for auction once before without success. When I first ran the auction, I started it out with a beginning bid of $0.99. I like to begin my auctions with a modest opening bid to get the most people visiting them, as soon as the auctions go live. This particular auction got loads of interest. By the time it was finally over, my counter indicated I had received 143 hits... pretty good visibility! Before I listed the product the first time, I did some analysis to figure out what a soft serve ice cream maker might pull in. That process helped me decide to place a reserve price of $49.99 on the auction. Whether you use a reserve, or not, it is a good idea to use a research tool to help you determine how to set the price of the products. The auction completed with a top bid of $42.00, so my reserve price wasn't reached and I didn't sell the product. This did not cause me to be unhappy, since one of my aims is always to attract the most visitors possible, even taking into account that I don't sell an item the first time. The more visitors I get, the more prospects are likely to see my "About Me" page, which will lead them to my website. Since the auction didn't end in a sale, I listed the item again. Okay, here's the tricky part. Do you remember that I said the last time I put this product up for auction, it recieved 143 views? Well, of all the people that looked at the auction, 4 people bid on it a total of 23 times... looks there was a mini bidding war happening! Do you think any of these people would desire a second opportunity at this product? Of course they would. So, being the conscientious eBayer that I am, I made the decision to inform each of the previous four bidders that the product was up for auction again. Here is the specific email I sent them:
Article Source: http://www.writerdatabase.com
Please Rate this Article
5 out of 54 out of 53 out of 52 out of 51 out of 5
Not yet Rated
