There is a rising trend now to purge the house of unnecessary things via the Marie Kondo method. A really good incentive to get rid of things is to sell them. The perfect platform is on eBay. Here are some tips for selling your old treasures on eBay.
Pricing
Pricing is the key to selling your stuff on eBay. If you price the items too high, no one will want to buy it. Here are a few tips to getting the pricing right:
- Don’t look at the retail value.
You will most likely not be able to sell items at retail value, so chuck that idea pretty fast.
- Find out what buyers on eBay would pay for that item.
Find similar listings to see what prices similar items were sold for in the past. This will help give you an idea of what your prices should look like.
Sometimes the prices for similar items will change. There are eBay repricer agents to help you automatically adjust your price, via algorithms, so that you can beat your competition.
Here’s how it works:
- Create your settings
You can list your minimum selling price or the “floor price.”
Prices will either rise or decrease based on the market for that item. This means that the price can change multiple times a day without you lifting even a finger. - The goal is to maximize profits but not to compromise your place amongst competitors.
- If the algorithm of the eBay repricer detects that a price needs to change in order to be in the competing market, you will receive an email with the new pricing recommendation. You have the authority to either accept or decline changes in the price.
SEO Strategies
Using keywords will help your item pop up easier in searches. Here are some tips for keywords.
- Write down all the descriptions you would use for your item. Search those descriptions on eBay and see if items similar to yours pop up. If yes, great! If not, go back to the drawing board.
- Search for listings on eBay of items similar to yours that are getting more attention. Use whatever keywords those listings are using.
- Get a good title
The more descriptions you use in the title, the more likely your item is to appear in searches. - Open up your google search engine and type in your product. See which terms pop up. These terms will help you know which words people use for searching for that item. When you use the same words in your listing, people will be brought to the item you’re selling.
Get a “High Seller” rating
Make sure that you do what you can to provide great customer service so that you can get a good rating. Here is why a good rating is important:
- Whenever you sell something on eBay, eBay collects a small percentage of the sale price. If you don’t get good ratings, you will be charged an extra cut from your sales profits.
- Your listing will catch a customer’s eye and bring in sales. Everyone prefers to buy from someone with great customer service.
The Takeaway
Being successful with selling on eBay can be a challenge. Given the right tools, it can be quite a pleasant method to declutter and reap the fruits of your labor.
About the Author
Rachael is a content writer at Pearllemon.com, who has written on a Ultimate Resume Guide, from colored diamonds to SEO software. In her spare time, she enjoys singing, sketching, cooking, and video games.
