Secrets of the eBay
Secrets of the eBay
Secrets of the eBay
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246 <strong>Secrets</strong> <strong>of</strong> <strong>the</strong> <strong>eBay</strong> Millionaires<br />
<strong>eBay</strong> millionaires do this sort <strong>of</strong> thing all <strong>the</strong> time. They cross-sell (<strong>the</strong>y<br />
promote o<strong>the</strong>r product <strong>the</strong>y have for sale even as someone is viewing ano<strong>the</strong>r<br />
item for sale). They upsell—after a purchase is made, <strong>the</strong>y say, “Would you<br />
like something more?” and <strong>of</strong>fer similar, complementary items for sale.<br />
Remember that you’re not just an <strong>eBay</strong> seller, you’re a real salesperson. You<br />
can approach your customers directly, after <strong>the</strong>y make purchases from you,<br />
through a special mailing that you send out to announce new products or<br />
special sales. Cultivate your customers and induce <strong>the</strong>m to return to you so<br />
<strong>the</strong>y can purchase more. Loyal customers are <strong>the</strong> best resources you have as<br />
an e-commerce merchant.<br />
Step 9: Market Yourself and Your Business<br />
One aspect <strong>of</strong> being a “real” salesperson is <strong>the</strong> care with which you market<br />
your online business. There are thousands and thousands <strong>of</strong> <strong>eBay</strong> Stores and<br />
web sites. Chances are yours is not going to stand out from <strong>the</strong> crowd unless<br />
you do some advertising. When my bro<strong>the</strong>r first started an audio restoration<br />
business through a web site, he got a few visitors to begin with. But he didn’t<br />
get any inquiries until he paid a few hundred dollars to a service that would<br />
submit his site to <strong>the</strong> major search engines and indexes to <strong>the</strong> Internet.<br />
You should do <strong>the</strong> same: Value your business enough to make an<br />
investment in it. I know how hard it is to cut into your hard-earned pr<strong>of</strong>its<br />
and “gamble” money on advertising that may or may not pay <strong>of</strong>f. But if you<br />
do nothing, your chances <strong>of</strong> success are low. If you at least purchase a few<br />
keywords with <strong>eBay</strong> or Google, you give yourself a fighting chance to get<br />
noticed and, by extension, get more customers.<br />
Step 10: Sell in More than One Venue<br />
Of <strong>the</strong> 28 PowerSellers interviewed in this book, I can only think <strong>of</strong> two or<br />
three who sell solely through <strong>eBay</strong> auction sales or an <strong>eBay</strong> Store. The vast<br />
majority have a web site, a brick-and-mortar store, or o<strong>the</strong>r auction venues<br />
that <strong>the</strong>y use to reach <strong>the</strong> public in addition to <strong>eBay</strong>. Once you get a solid<br />
foundation on <strong>eBay</strong>—in o<strong>the</strong>r words, once you have found a niche and<br />
come up with a system for making sales consistently—you can and should<br />
branch out to o<strong>the</strong>r venues.<br />
At <strong>the</strong> very least, you should create your own web site, which gives people<br />
a way to find out more about you. If you want to really make a splash, do any<br />
or all <strong>of</strong> <strong>the</strong> following:<br />
● Create an <strong>eBay</strong> About Me page.<br />
● Link your About Me page to your web site.