eBay Updates Scheduled to Take Place
Released July 2009, eBay will make further policy changes. As with most eBay updates, there are several changes that will take place to help the seller. Some of these changes are performance based, but some are for sellers of all levels. Even if you only close one auction a month on eBay, there are changes to help you too.
Many eBay sellers become focused on receiving 5 and a high and a detailed seller rating(DSR), but eBay would rather have you avoid getting 1’s and 2’s. To benefit eBay’s new policy, focus on minimizing the number of low ratings and not on your average DSR. eBay sellers will be rewarded for having repeat customers. Isn’t that the goal of any business? What is really cool, eBay is giving access to a monthly review of the DSR and October will be feeding DSR daily into the Seller Dashboard. eBay becomes easier!
eBay is finally starting to recognize the low volume seller. If you are not an eBay PowerSeller, you can still benefit from eBay PowerSeller discounts. eBay is introducing a new status: eBay Top-rated seller. It adds to the discounts an eBay PowerSeller can receive and includes the high quality service given by the low volume eBay seller. This will include all eBay sellers with less than 400 sales per year. An eBay seller with less than 400 annual sales status will be evaluated every three months. All other sellers will be evaluated every 12 months.
Eventually, eBay will replace the current structure on evaluating sellers. As mentioned before, the focus will be on limiting the number of DSR’s of 1 and 2. By October of 2009, all eBay seller will have to have DSR’s of 1’s and 2’s on as many as 3% of closed eBay auctions, no more than 4% on communication, 4% for shipping time and no more than 4% for shipping and handling charges. For April 2010, all eBay seller will have to have DSR’s of 1’s and 2’s on as many as 1% of closed eBay auctions, no more than 2% on communication, 2% for shipping time and no more than 2% for shipping and handling charges. eBay sellers will be penalized in search standings and possibly be restricted from selling.
eBay is allowing sellers to perform some analytics with their new search visibility tool. It is designed to help you: determine where listings are appearing in search results, how many views each listing gets, listing conversion rate, and it allows for split testing different auction styles or auction formats.
eBay sellers will no long be able to offer the buyers insurance. eBay has found that other online market places do not offer insurance and that could make potential buyers leery of going through with transactions. An eBay seller could buy the insurance and pass the cost onto the customer in the shipping and handling charges or the seller could not use insurance. Remember, eBay maintains that the product is the responsibility of the seller until it the buyer receiver the product.
To stick with the new theme of quality and relevant search results, eBay will be retiring: Featured Plus, Border, Highlight, Gift services, ProPack and Homepage Featured. These changes will take affect October 1, 2009. Finally, eBay will be rewarding solid sellers and well crafted auction titles. No longer will any eBay seller be able to buy the top search result with a listing upgrade, the first spot will have to be earned!
How to Sell on eBay
Filed under: How to Sell on eBay, Social Networking, Video Marketing, ebay, youtube
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Here is a little how to sell on eBay experiment. I have created a youtube video to place in my eBay auctions. It is a thank you for looking at my auction. You can watch it below. Since, I am not going to reveal the specifics of the research plan or you found this blog post through youtube, you should subscribe to my blog to keep updated the results of this study.
eBay Tips and Tricks – Building an eBay Reputation
In the competitive Internet marketplace called eBay, it is essential that a new user build a positive eBay reputation. There are three ways to build a positive reputation on eBay. This post examines the importance of becoming ID verified, opening an eBay store and buying on eBay. Let’s examine the how build a positive eBay reputation
Buy on eBay
If you intend on making any purchases in the near future, why don’t you check out eBay before you make your purchase some where else. By making these purchases, you will start to build up the all important eBay feedback. eBay feedback is how you build your eBay reputation or your eBay persona! eBay has a restriction on creating a Buy It Now(BIN) auction and it is based on your feedback. You must have at least five feedback before you list an item for sale on eBay as a BIN. So, by making a few purchases you will be on your way to selling on eBay with a BIN listing. You also show other eBayers that you are committed to promoting a positive online shopping environment. As it was in my case, there is an option to using the BIN listing with out 5 positive eBay feedback.
Why Become ID Verified on eBay
Do you know me? Not really. If you are reading this far into my post then you are somewhat engaged in what I have to say, thanks! But that is my point, when buying and selling online, there is no why of knowing if the person on the other end really exists. Being ID Verified on eBay is one way of establishing your eBay reputation. As mentioned before, it allows you to sell with the BIN auction and if you are serious about selling on eBay, you can start selling right away. ID Verified Process is a fairly simple and is completed through eBay.
Opening an eBay Store
If you are serious about selling on eBay to make a living, you should open an eBay store. By operating an eBay store in conjuction with eBay tools provided with eBay’s Selling Manager Pro, you will be able to automate many area of you eBay business, such automated emails, email lists, and promotional tools. You will be able to track inventory and put items on sale. So far I have only talked about what opening eBay store can do for you. Owning an eBay store sends potential buyers the message that you are serious seller.
Building an eBay reputation as a buyer is not tricky. Buiding an eBay reputation is tricky either. It just takes time. You have to be patient an allow your customer base to grow. You do not become an overnight success by selling on eBay. You must take the steps outlined above to build your eBay repuation as well as your eBay business.
Products That I Recommend
Rob Benwell's Blogging to the Bank
Rob Benwell is only a mere 22 years old and has already made a fortune using this method. Early last year he sharing his secrets with the world in his highly successful Blogging To The Bank ebook and has made making money online a whole read more.
The 90 Day PowerSeller Challenge v3.0
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Buying and Selling on eBay and the WWW
This is eBay (R) PowerSeller Richard Fenn's Complete Newbie's Guide To Selling on eBay and the World Wide Web. In it you will learn how to create and operate 2 sources of income! To find out more, click here.
