| |
| |
|
Auctions Main Page |
|
|
|
A WIN-WIN Scenario On eBay For Buyer/Sellers: Tips For Hunting Want It Now Postings
"Ask And You Shall Receive" Policy Works! You're one-of-a-kind baby clothes sat for the last month on eBay with no buyer. Why? Perhaps your item is so specialized that buyers have a hard time finding you. After all, how many buyers are looking for a handmade rubber ducky sweatshirt for an infant? You'd be surprised, if you knew the right venues to bring those buyers to you. Maybe sitting around eBay with your item listing isn't the right approach. Perhaps what you should be doing is going out there and finding your buyer! Until now, the only option on eBay was to hope someone would make general searches for items and stores like yours. However, many Buyers get lost in the great web that makes up eBay. Fortunately, for these Buyers, they have a new route to explore - "Want It Now", or also affectionately known as WIN. The easiest way to enter "Want It Now" on eBay is by going directly to "Want It Now" online (http://pages.ebay.com/wantitnow/). Once you enter the home page of WIN, you can either enter as a Buyer making a post or as a Seller browsing postings. The steps from there follow the basic eBay protocol. The beauty of "Want It Now" is Buyers can list their requests, referred to as posting, for free at this eBay special service. The Buyer's posting fits into one of over 30 categories. Inside these postings, many Buyers include an exact description of this wanted item, along with purchasing restrictions. Rather than wasting their time searching through pages and pages of general Seller listing for the exact item that they really want, these Buyers are hoping a Seller notices their "classified want ad" and points them in the right direction. Sellers have long believed that in the eBay listing practice of "If you build it, buyers will come". However, in the highly competitive market of eBay, sitting still in one spot can lead to sitting still in one spot for a really, really long time. A wise Seller is willing to go out and find his customer and make a deal that increases the odds for a quick turn-around. "Want It Now" is chalk-full of Buyers who truly are looking for what you're selling. Simply put, WIN is an eager market of willing customers. The cost for a Buyer to browse around these classified ads is free and the benefits are outstanding if you can convince a Seller of your match. "Want It Now" hasn't been around a long time, under a year; still, this format's concept is an old familiar one. Many people's perception of this service is it's a lot like an auction, whereby bidders ask what's available before the actual sale to get a feel for what's out there. Other people compare this set-up to a newspaper's classified want ads, whereby someone is searching for a service or product and wants the sellers to come compete for their business. Even though "Want It Now" is packed with numerous categories, the best performing categories from the Seller/Buyer perspective is for highly specialized products & services (such as tickets and collectibles), highly sought-after items (such as electronics and clothing), and extreme deals (such as used book & CDs and bulk shopping). Below is a sample of some WIN categories: Antiques; Art; Books; Business & Industrial; Camera & Photo; Cell Phones; Clothing, Shoes & Accessories; Coins; Collectibles; Computers & Networking; Consumer Electronics; Crafts; Dolls & Bears; DVDs & Movies; Entertainment Memorabilia; Gift Certificates; Health & Beauty; Home & Garden; Jewelry & Watches; Music; Music Instruments; Pottery & Glass; Real Estate; Sporting Goods; Sports Memorabilia, Cards & Fan Shop; Stamps; Tickets; Toys & Hobbies; Travel; Video Games; Everything Else; and eBay Motors. The primary reason that Buyers use WIN is to find a match. For a Seller who works on commission, "Want It Now" is a ripe venue for drawing very interested customers into your eBay store. Much like a special mailing announces a busyness's presence, informing a Buyer of your services and items on eBay is employing WIN as a valuable marketing tool. Upon checking out a Buyer's posting, the Seller has the ability to "respond" to the posting. Responding entails entering your product or service's item number from eBay. The Buyer then receives an email regarding this item number and has the prerogative of following up or not on this lead. Do you want to know if a market does exist for your service or product? WIN is one way to conduct an easy and inexpensive informal market research. A Seller curious about what's hot or in demand can quickly scan these posting for confirmation. What could be better for a new business or reviving an existing business than staying ahead of on up and coming trends! Although from the Seller's perspective, "Want It Now" requires a more assertive approach to finding Buyers than waiting around in your tiny corner of eBay, Sellers can use WIN to their advantage and improve their profits. Buyers like the ease of using WIN and not fiddling around with potentially getting an item that doesn't meet their needs. After all, what could be better than a source that announces your intentions clear and loud to a captive audience! Jackie McCutcheon is the author of a new eBook titled "What to Sell on eBay to Make a Pretty Penny," a step-by-step guide to increasing your eBay profits. Learn more: http://www.jackiemccutcheon.com
MORE RESOURCES:
Auctions - Google News |
|
|
|
RELATED ARTICLES
Buying Used Dell Laptops, PCs and Servers on eBay - How to be successful Two years ago I needed a way to refresh more PC's and Laptops at my company without spending more. New Dell laptops were great but expensive and over the years we had accumulated many Latitude C series parts. Mail Order: The Original Internet Still Going Strong While the world continues to go catatonic over the Internet and its endless possibilities, there's another industry quietly going about its business, piling up profitable year after profitable year after profitable year. What industry is that? It's the mail order industry--or as I prefer to call it, "the original Internet!"Yes, long before the birth and explosion of the Internet, mail order shopping was a hugely popular and preferred method of doing business--and still is. Turn Your eBay Experience Into Even More Profit Everyone's talking about eBay these days. With the frequency of the TV advertising campaigns increasing, and no sign of any sizable competitors the eBay empire is only going to get bigger. The International Affiliate Program of EBay eBay trades in more than 33 international countries with over 157 registered users worldwide with 75 million based in the USA and 10 million in the UK.eBay's affiliate program must be the mother of all affiliate programs as far as size and potential scope for earning an income through promoting other peoples items. Game Theory, Nobel Prize, & Auctions - Auction Primer Series - Part 1 William Vickrey, highly regarded as the founder of auction theory, was an economics professor at Columbia University when he published two papers outlining his views on auctions:"Counterspeculation, Auctions, and Competitive Sealed Tenders", 1961, Journal of Finance"Auction and Bidding Games", 1962, Recent Advances in Game TheoryIn 1996 he received a Nobel Prize "for fundamental contributions to the economic theory of incentives under asymmetric information." It's important to understand that asymmetric information is an essential component of auctions, where potential buyers have varying levels of knowledge about the value of the item. Louis Vuitton -- Avoiding the Ebay Nightmare Fakes Without a doubt, eBay was one of the cleverest on-line ideas that anyone has had so far. The idea of creating a site where you can bid on and buy items ranging from an eggcup through to a disused Boeing 747 or a Nuclear Missile Silo was pure genius. Get More for Your Money Shopping for Designer Shoes on eBay The worlds online market place.In just a few short years eBay has become a household name and millions of people are registered users benefiting from the enormous variety of auctions listed every day. To eBay or NOT to eBay FACT: eBay's Gross Merchandise Sales (GMS) 2003 - GMS, the total value of items sold, was a record $24 billion, representing a 60% year-over-year increase from the $15 billion reported in the full year 2002FACT: Over 79 million times a day, eBay users find products and brands of their choice.FACT: In the final quarter of 2003, reported and increase of 41. Are You an Ebay Shopper? As I write this article, I am keeping an eye on an item on eBay. Do I have to keep an eye on it? No. Make Money on eBay the EASY way! Probably just like you, I had an overwhelming desire to spend more time with my family and friends, doing the things that are important to me and living a comfortable lifestyle without financial worries ? and yes, less time working to pay for it!!! So with my quest to find financial freedom, I "googled" my way through searches looking for ideas on how I could fulfil this desire with minimum effort and expense. After all, I wanted to make money not spend it! I had aspirations of making wad loads of cash so my family & I could truly enjoy the pleasures of life - together. Online Auction Sellers - Seize Control Of Your Business! As the online auction model of business continues to evolve toward a more commoditized, corporate marketplace, it is time for online auction sellers to seize control of their business, before it's too late.In this article we will highlight some effective steps you can take to shift control back to your own business. Royal Memorabilia - An eBay Prince or Pauper? There has always been a fascination with royalty and as a niche area for collecting and auction trading, it is still a relatively accessible market. And it can also be extremely interesting. Save on EBay Fees with Free Image Hosting Experienced sellers at online auction sites such as EBay will tell you that the single most effective tool of persuasion is a good image. Multiple images are even better. How To Sell On Ebay: The Money Is In The Back-End Many people who sell on Ebay completely neglect the follow-up process. They post an auction. Easy Money on Ebay? Ebay was only two years old when I discovered it.A friend I worked with was also starting to sell on Ebay at about the same time, and we exchanged ideas and experiences constantly. Ebay Auction Selling Secrets - Using Ebay to Launch Your Very Own Highly Successful Website Launching your very own successful website is the dream of many people worldwide because it is a new way to make money and be employed by oneself with little overhead. So, once you have your website you will need traffic to make it successful. Effective Auction Listings - How To Create Them Once you've created the best possible title for your item, you will move on to writing your auction description. Here, you have more space to give a detailed description of the item you are selling in the body of your auction. eBay is the Greatest Opportunity YOU Have to Create a Career Online eBay's being spoken about everywhere these days. At work, school, down the pub. Online Auction Fraud eBay sales may have grown 51% last year over the previous year, but general online complaints jumped by 66.6% over the previous year to some 207,000+ complaints in 2004. eBay: What Should I Sell? There is an art to picking profitable products. It's not just what you want to sell but rather what will sell.
|
| home | site map |
| © 2006 |
