Sell Your Items at Cost and Make a Fortune on eBay!


Like all ebay sellers I wanted to sell all of my items at a profit and what I found was that when I was getting to the end of line items that I was ending up selling them at cost, even though the items were finally selling at a profit price, because I was having to factor in the ebay relisting fees etc.

So I took a moment and sat down and thought how I could deal with these items and still make money. What I ended up doing was thinking outside the ebay sellers box and coming up with selling them at cost to make a fortune.

What I mean by this was that I was going to sell the items at no loss to me on ebay but then use the opportunity to build a relationship with the buyer that could be used to build long term profit for me. Think of it as :

A loss leader without the Loss!

Let me use a couple of examples :

Scenario One

Item sells on ebay for 20 profit, buyer buys the item and pays and thats the end of it. Your total profit is 20.

Scenario Two

Items sells at cost, zero profit but you use the sale as an opportunity to build a relationship with the buyer and lock them into your business. The buyer then buys one item a month (maybe more!) for a year giving you a profit of 240 (minimum). If these are from your website not ebay your profit will be greater as you will have no fees. Over the lifetime value of a customer this could mean thousands of pounds profit...

It is common knowledge that when a customer is locked into your business or product then they are more likely to repeat purchase, which is where the fortune part of the equation comes in. The principle can also be used when you sell at full price but as you are selling at a bargain price the customer is more likely to be interested in your offer as they will put your product and value into the same sentance.

What I am asking you to do is to take a critical look at what the true worth of ebay actually is, is is not just in instant terms but the long term possibilities far outway the short term profits.

The question is now, 'How do you build this relationship?

There are a number of ways but by far the most successful that I use is by using a simple email!!! No harder than that this building a relationship idea...

Once the customer has bought my ebay item I send a simple receipt via email thanking them for thier purchase and making them aware of my website and offering them the opportunity to join my mailing list so that I can contact them with furthur offers they may be interested in.

I make it very clear that I have no intention of flooding them with spam and give them the choice of the number of times they will be contacted in a month. This has two effects, they gain trust in your professionalism as you are seen not to be just harvesting emails and it also makes them feel in control as they set the frequency of contact.

It does mean that I have to operate a number of mailing lists but this is a small price to pay to lock customers into my products.

The majority of my customers (approx. 90%) join the '1-4 times a month list which is great as this means that I can contact them once a week with offers if I needed. This is a frequency that I feel is adequate to maintain the relationship between me and my customers as I am not seen to be spamming them but still seen to be offering products of interest to them.

It is also important to note that I do not always send out one mailing a week as it is dependent on the product you sell as to whether the customer would want to purchase once a week. i believe greatly in the relationship that I have with my customers and can see the long term benefits of maintaining this and therefore I refuse to jepordise it for a quick profit.

A point to remember, if they choose not to take the opportunity to join your list then do not keep emailing them. this is SPAM and will do no more than tarnish your company, website and products image in the eye of the buyer.

What I am saying is Think outside of the ebay box, ebay offers a massive opportunity in terms of potential customers and long term profits as opposed to short term profits.

How much would it cost to get the number of page views, that ebay listings get, on your website using your own traffic generating methods, use ebay and use it good.

Mike - Webmaster and ebay Power Seller
www.onlineauctiontrader.com">Online Auction Trader - an ebay sellers bible.


MORE RESOURCES:
Auction Date: Saturday Jul 8, 2017 9:30 AM

Preview Friday July 7 2 6 PM

Schmidgall Auction Service

Auction Date: Saturday Jul 22, 2017 10:00 AM

Ranch home and personal property will be sold at public auction. This is a great opportunity to purchase a 3 4 bedroom ranch home in move in condition. You ll want to see what this home on a large lot has to offer.

Dale L. Jones & Company

Auction Date: Saturday Jul 1, 2017 9:00 AM

We have a great, but modest line up of firearms and sporting equipment for this auction, including a 5th wheel camper, John boat, canoe and more!

Dale L. Jones & Company

Auction Date: Saturday Jul 8, 2017 11:00 AM

Household and collectibles

Bill Kruse Auction Company

Auction Date: Wednesday Jul 26, 2017 10:00 AM

Tractors, Machinery, Truck, 4 Wheeler, Shop Tools, Misc.

Bradley s Auction Service, Inc.

Auction Date: Wednesday Aug 9, 2017 7:00 PM

Auction held in the Little Nashville Banquet Room on Route 127, Nashville, Ill.

Riechmann Auction

Auction Date: Thursday Jun 29, 2017 6:00 PM

Former Antique store located on 2 lots and a lot with frontage on Highways 13 & 127.

Doerr Auction & Realty, Inc.

Auction Date: Thursday Aug 24, 2017 7:00 PM

Auction held in the lunch pavilion of the Okawville Community Park Club

Riechmann Auction

Auction Date: Wednesday Aug 16, 2017 9:00 AM

Selling the real estate and all machine shop equipment and tools.

Hilpipre Auction Company

Auction Date: Tuesday Jul 25, 2017 9:00 AM

FULL LINE OF PLUMBING AND HEATING INVENTORY

Hilpipre Auction Company

Auction Date: Thursday Jul 20, 2017 8:00 AM

EQUIPMENT

Hilpipre Auction Company

Auction Date: Saturday Jul 15, 2017 9:00 AM

Please Check Back For More Details or Call 812 467 0227

Sohn & Associates, Ltd.

Auction Date: Friday Jun 30, 2017 9:00 AM

General restaurant equipment: Tables; Chairs; Prep tables; Refrigerator; Freezer; Various racks; Many other like items.

Hilpipre Auction Company

Auction Date: Sunday Jul 2, 2017 8:00 AM

Huge Trim, Tool & Lumber Auction

Richard A. Olson & Associates, Inc

Auction Date: Saturday Sep 16, 2017 thru Sunday Sep 17, 2017 9:00 AM

Sat. Sept. 16th at 9 AM & Sun. Sept. 17th at 12 PM Antique Furnishings, Uhl Pottery, Dazey Churns, Cast Iron and other Banks incl. Vintage and Contemporary, Collectibles, China & Glass Preview: Fri. Sept. 15th 12 6 PM

Sohn & Associates, Ltd.

Auction Date: Saturday Sep 23, 2017 9:00 AM

Tractors, Trailers, Tools, Farm Toys, Collectibles, Furnishing & Much More! Call For More Information!

Sohn & Associates, Ltd.

Auction Date: Sunday Aug 13, 2017 12:00 PM

PEORIA COUNTY REAL ESTATE AND PERSONAL PROPERTY AUCTION OF 5.5 ACRES AND HOME

Folger Auction Service Inc

Auction Date: Tuesday Jul 11, 2017 3:00 PM

Quality Furnishings, Collectibles, Lawn Tractor, Tools & More! Call For More Information!

Sohn & Associates, Ltd.

Auction Date: Tuesday Jul 25, 2017 5:30 PM

Attached In Law Apartment! Finished Basement! Huge Main Level Master Suite! Showing: Sun. July 16th 12 2 or Call

Sohn & Associates, Ltd.

Auction Date: Saturday Jul 29, 2017 9:00 AM

Nice 3 Bed,1.5 Bath Brick Home w/ Full Unfinished Basement Plus: Antiques, Modern Furniture, Collectibles, Toys, Tools & More! Showing: Sun. July 16th 12 2 PM or Call

Sohn & Associates, Ltd.

Auction Date: Wednesday Aug 2, 2017 5:30 PM

Outstanding Posey County Location Close to Evansville! Gibson Water Available! Approved for Septic!

Sohn & Associates, Ltd.

Auction Date: Saturday Aug 19, 2017 9:00 AM

Fantastic Scott Twp Location! 5,300+/ Finished Square Feet! Attached & Detached Garages! Incredible Potential Building Site! Showing: Sun. August 6th 12 2 PM & Wed. August 9th 4 6 PM or Call

Sohn & Associates, Ltd.

Auction Date: Thursday Jul 27, 2017 1:00 PM

Auction Location: First Federal Saving Bank Operations Center 4920 Davis Lent Dr, Evansville, IN Prime Investment Opportunity, Perfect for office, Rtail, Church, School, Conference Center & More! Showing: Mon. July 10th 12 2 PM or Call

Sohn & Associates, Ltd.

Auction Date: Wednesday Jul 26, 2017 5:30 PM

The home has a large living room with wood stove, kitchen and dining area, two bedrooms, bath, enclosed back porch overlooking the Ohio River, one half unfinished basements and a four car/boat garage. Showing: Sun. June 25th from 12 2 PM or Call

Sohn & Associates, Ltd.

Auction Date: Thursday Jul 20, 2017 5:30 PM

Offers 1,960 +/ sqft Large backyard, 2 car detached garage w/storage room and the beginnings of a basement/garage in the back. Showing: Sun. July 9th 12 2 PM or Call

Sohn & Associates, Ltd.

Auction Date: Sunday Jul 23, 2017 9:30 AM

Sale at the Hecker Community Center Pavilion as no parking at home location in Red Bud.

Burmester Auction Service

Auction Date: Saturday Jul 8, 2017 10:00 AM

PRIMITIVES, 500+ DIE CAST & MODEL CARS, CROCKS, ETHAN ALLEN, VINTAGE CHILDRENS TOYS & GAMES, BOOKS, MORE MORE MORE

Abernathy Auction and Real Estate Co.

reverseretina.com ©