Monday, July 7, 2014

Understanding eBay (Trying to Build Traffic)

It can be overwhelming to try to understand eBay.  I know how to list products, manage my store, find items, but I do not know how to build traffic.

Merely stating eBay is huge...is an extreme understatement.  There are millions of sellers and gazillions of listings.  (I may be exaggerating...or not, your call.)  The question of the day is:  How do I get others to notice my items in my store?

I've been looking into SEO optimization and it sounds interesting.  I do know that when I am super descriptive in my "description" my items get found (especially if they are on the rarer side).   

But when I list an average run of the mill costume / fashion unsigned jewelry bit or bauble, it is like a needle in a haystack.  I guess I could simply limit my listings to items that have a name per se and clearly identifiable attributes.  I am getting better at doing this but there are many pieces that are beautiful and they go unnoticed because the words to describe them are overused.  What do you do then?

I guess the solution would be to draw more people into my eBay store where they happen upon these items while perusing the listings.  BUT...Do people actually do this?  What type of shoppers are on eBay?  Are they the ones who are looking for hard to find items and hone it and buy just that item or are they leisurely lookers who glide from one eBay store to the next?

What can I possibly do to set my store apart?  In all essence I am just another resale shop.  I try to have excellent customer service.  I know that is important.  What can I do to get satisfied customers to share my store?

How long does it take to grow an online store?  

I'm sorry to ramble but this is how my mind has been revolving since beginning eBay.  I research and I research and I research.  I apply some techniques and I research and I research and I apply but my wheels are spinning.  

If you have any surefire advice on growing a business that does not cost money, I would love to hear it. 

Also, I am at around the 1,000 listing mark.  I want to grow my store further but then the fees grow too.  Would it be better to just remain at this level or take it to the next step?  

AND when it comes to pricing I want to keep things at the impulsive price point because it is such a good deal but I feel that I might do better selling less for more. 

Is it better to sell less for more or more for less?  Sales is quite complex and there are gazillions of books and blogs about it all trying to sell you something.  I just need to continue to plod along and discover as I go.  It's just hard to be patient and grow slowly because what if it doesn't grow?  I'm thankful that it is manageable but I am ready to hit the ground running.  I guess I could just try to up my daily listings and make sure that I do not become complacent. 

That's my new plan of action.  List more daily.  Gradually find items that are at a slightly higher price point or sell the smaller items in lots and never give up.

On a very personal note:  My Dad passed in March and he was my eBay mentor.  Last week while digging through a bin at the top of my closet I found an autograph book from 5th Grade. Dad had written a message for me 25 years ago that struck home.  "Winners Never Quit and Quitters Never Win.  Andrea Never Give Up."  Needless to say, I am not giving up!  Learning is an evolving process and that is why I love it.  Learning eBay is just that.  Will I ever understand all the ins and outs of eBay or for building traffic for that matter? No but the quest continues...   



If you haven't visited yet...Check out www.LowerysLoft.com    
                                               
 The portal to my eBay store....oooooo.....ahhhhhhh


I added this nice little image (that you see everywhere) in case you wanted to pin it on Pinterest or share it on Facebook...Hint...Hint

Thursday, June 12, 2014

$0.99 Auctions! Ninety-Nine Cents!

Everyone has heard of Spring Cleaning...

Well, this is a beginning of Summer Blowout!

This week many, many, many of my auctions will start at $0.99.

There will be other starting prices too.

Most items will be jewelry but not all...

Come check it out:  LOWERY'S LOFT LLC on eBAY


Wednesday, June 4, 2014

It's JUNE! - SALE!

Now through the end of June you get 15% off if you spend $50.00 or more on Fixed Price Items.  

There are fun items for Father's Day or just unique items for any day.

I mostly sell vintage jewelry but you never know what you will find at www.LowerysLoft.com.


Tuesday, May 27, 2014

Learning to Sell on eBay by Studying Other Sellers on eBay

I am still a Top Rated Powerseller ... Phew!

I've been researching other sellers that have 100% positive feedback because 99.8% bothers me.  Can you say perfectionist? 

What I have found is some sellers clearly state in the description to please contact them first if there is any problem.  

Well, that makes sense!  I need to go back to the mindset of a teacher and never assume.  I need to plainly state in my description to contact me first.  

I will say that I spend a lot of time on eBay in buyer mode (not always buying) but looking to see what other sellers do well.  

If you are thinking of selling on eBay the best thing to do is to start out by making a few small purchases to learn how others pack their items, what pamphlets, cards, or notes, are included and how they communicate with you.   

Take what you have learned and then create your own style. 

There are also a lot of discussion forums and online communities you can join.  I have done just one Q&A forum.  This is an area that I need to improve in.

In case you haven't noticed I love learning and adjusting and learning and adjusting.  It keeps things interesting and my mind stimulated.  Selling on eBay is rewarding.  You just have to find what works for you.

Friday, May 23, 2014

What Can You Do?

As you may or may not know, I am trying to make my new business work.  I am taking a leap and trying to sell on eBay full time and it is nerve wracking.

In life I have come to accept that you can't please everyone (this took years and I'm still working on it). Right now, I am a little frustrated trying to do the right thing.  

If I see an imperfection on an item, I note it unless I don't know that there is one to begin with.  I am not an expert on all vintage items so I take pictures and if something doesn't seem right I say it.  When it comes to sizing I can only state what it says and offer to measure it.

I offer a 14 day return policy but only hope/ask that the buyer contact me first so I can resolve any problems. With eBay's new return policy, if a buyer initiates an item not as described returned, it is considered a defect on my part and affects my rating.  

I do not deliberately mislead anyone and I answer and welcome questions.  I wish that returns were not considered defects because we have all bought something and decided it wasn't quite what we wanted or expected.  I buy and sell many things that are vintage.  I can only state what I see and not comment on the unknown.  

This is not the buyers fault because he/she deserves to get his/her money back if it is not what they wanted or what he/she thought it was going to be.  I just wish a return wasn't considered a defect because I welcome returns if someone is dissatisfied.  I would rather he/she feel comfortable to buy from me again.

What I do take issue with is when I refund the money and let the person keep the item and I get a neutral rating because ... What else can I do to make it a pleasant experience.  

People that are newer to eBay do not realize how important these ratings are to the sellers.  I am trying to keep everyone happy.  Normally I do not react like this but I am frustrated because even when I am a conscientious customer oriented seller, I cannot make everyone happy.  I wish I could.  

I want to remain a Top Rated Power Seller but I guess some things are just out of my hands and I have to accept the outcome.  

I'm trying to stay focused on this dream of working from home BUT with what's in the news AND with the uncertainty of income AND with feedback I really cannot control (even if I try my very best) ... It's Hard.

I keep repeating "Without Risk There's No Reward - Do Not Give Up" as my mantra.  Right now I am not so sure...Tomorrow will be another day.   

Finding Items to Sell on eBay (Part 2)

There are many places to find items to sell on eBay.  It depends on your purpose and niche.  I am still reluctant to have a niche even though that is probably the best way to go.  I like a wide array of items but if I had to be categorized into a niche it would be vintage (with a focus on costume jewelry).

With that said there are several sources where you can find items to sell on eBay:


  • Your House-Start out by selling items around the house that are in good condition.  It might be an odd item and that is okay as long as you can describe it where others can find it.  The key is to find things that are in good to fantastic condition.  Be honest when describing and photographing the item.  Make sure that you highlight any defects or imperfections.  It might sound counterproductive when you are trying to make a sale but honestly I would rather not make the sale than have an unhappy customer.  If you have a bunch of small items you can sell those as a junk drawer lot.  Simply fill up a medium (or large) flat rate box.  When it's full list it as a Mixed Junk Drawer Lot
  • Yard Sales-These are amazing for finding unique items at a fair price.  This is the treasure hunting part of eBay.
  • Flea Market- Here you have to go EARLY to find the treasures because there are others searching for a deal to resell too.  Either that or you have to be an expert in your niche and see things that others do not see.
  • Thrift Stores-The treasure hunt continues but it is much harder to find items at a price where you can make a huge profit.  I was very discouraged when I found out a local thrift store has a jeweler on staff who has first dibbs and who helps price what's left.  Still be relentless, check back often, look for clearance items too.  Eventually you will find something that slips through.  Recently I found a Budweiser Beer Stein for less than ten dollars.  When I looked it up on eBay, several have sold for sixty dollars or more!
  • eBay-You can find items to sell on eBay too. Sometimes sellers make mistakes and misspell important words in the description or list an inopportune times (I'm guilty of this).  You can find items for a great deal on auction and then sell it under buy it now for the price you want.
There are more sources but I can't give ALL my secrets away...Can I?


Finding Items to Sell on eBay (Part 1)

Part of the fun of having your own business is the "treasure hunt."  I love looking for gems that are overlooked.  Now I know I am fairly new at this and cannot get to the sales before everyone else sometimes so I have decided to delight in finding the "overlooked" wonders.

The amazing thing about selling on eBay is that it is accessible to the world.  You never know what someone is looking for.

When I am shopping I've learned to look for a few distinct things:

  1. Is there a name?  Is it signed.
  2. Is there a size or other pertinent information on the item.
  3. Is it broken? Does it have spots?
  4. Can I ship it easily?
  5. Will the shipping take too much from the profit?
  6. Can I make 9 to 10 times the cost?
  7. Am I excited about it?
Now I know the last one is very subjective but I want to sell things that I like.  I know that may not be the best route but for now it's the one I'm on.  

Number 6 is a key question:  Can I make 9-10 times the cost?  
I aim for ten but settle for double occasionally.  Currently I tend to sell smaller items so the profit margin is smaller.  I have to factor in the time I spent finding the item, photographing and listing the item, as well as packing it up into the price.  If I pay a dollar I want to charge nine to ten dollars to make it worth my while.  Sometimes though something is just too cool and I have to post it because of the enjoyment and other times I am trying to sell something I have had for a long time and I just want it to find a new home.

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