Starting Your Own Ebay Info Store
If you want to promote various types of products on eBay, you can consolidate them all into an eBay store. The advantage is that a buyer can be directed to your eBay store and you can make multiple purchases from one sale if they decide they like your infoproducts. There is still some debate as to whether infoproducts will be allowed in eBay store formats, but the guess is that they will only be allowed as classified ads. You can place those classified ads in your eBay store and thus direct buyers to your digital downloads as well. So, this is the best time to start converting your infoproducts into all sorts of interesting physical products that people can purchase: flash drives, CD-Roms, and paper books and reports. And, since you will have various formats of the same infoproducts and less competition you can expect to make more sales from this policy change.
The startup costs for an eBay store are not that great, although you do need specific criteria to qualify for opening one. You have to already have an eBay seller account established with at least a feedback score of 20, or be id verified, or finally, have a Paypal account in good standing. You will have to subscribe to eBay stores on a monthly basis but the fees are not that expensive for a basic package: $15.95 as of the writing of this ebook for stores that expect to manage less than 250 listings a day.
EBay offers several different packages from basic to premium and anchor stores that allow more listings, but also cost more. Insertion fees are lower for eBay stores, however, ranging from $0.03 to $0.10 and they last for 30 days instead of 10 days. The reason for this is that they have a lower visibility than online auction items and fixed price items. The final value fees are higher when compared to individual auction listings. They start at 12% of the closing price up to $25 of sales price and go up to as high as 12% plus 8% above $25 to $100 plus 4% above $100 to $1,000 plus 2% thereafter. Most likely any infoproducts you sell will be in the 12% range plus an addition 8% for the remaining closing balance on infoproducts that sell at between $25.01 and $100.
Every time you have an auction listing, buyers will see a little red door next to your name like this:
It is an invitation for them to enter your eBay store where they will find more inventory just waiting to be purchased. What’s nice about having an eBay store is that you can also start to associate yourself with a particular brand, unlike your auction listings which may be randomly listed. You will have a set number of web pages to make an impression on your buyers and persuade them to buy something. You can cross-promote related products from your eBay store in your auction listing and thus sell more.
EBay stores give you a taste of what it is like to do Internet marketing while someone else holds your hand (eBay). They have areas to help you with email marketing and store management. You will be a part of a community dedicated to building up their businesses and who can offer valuable advice on how to do just that. You can even offer special discounts or free shipping from your store to help you compete effectively in the marketplace.
One word of caution as you start to do more mass selling. You will want to keep a close eye on your feedback score. If you drop below 98% positive feedback, eBay will take you off their Powerseller program. So, while it’s nice to have an eBay store, you should prepare to have a delivery system that is streamlined and can handle multiple orders as they come in. Otherwise, trading an eBay store for your Powerseller status isn’t a good deal. You want to keep them both in good standing.
To find out about ” Ebay Info Profits” SELLING PRODUCTS ON EBAY WITH NO OUT-OF-POCKET MONEY click here to see our full report!
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This is my auction information review of the bump auction and auction bump websites as they are called.
