HOW DO I GET A VIABLE LEVEL OF SALES ON EBAY

Hi Everyone,

 

I am very concerned at how poorly my ebay sales are performing ... I must be doing something wrong!

 

My Customers are largely happy and I have 100% Feedback (680 Positives).

 

I principally sell top of the range branded stationery products and my total stock of about 1650 listings that I offer on ebay is worth about $400K at usual retail prices.

 

Mainly I match Office Works pricing, and I am currently offering 50% off that "usual retail price", with the support of my suppliers for a few months.

 

For past retail experience, this level of stock at usual retail prices would result in sales of about $5K per day, but at 1/2 price those sales would more than double.

 

On ebay I am only selling a fraction of that ... like 2 to 3% of the above typical retail store sales. 

 

I am terrified as to what my sales will drop to when my suppliers promotional support pakages end and my prices have to go closer to usual retail prices. Given that my overheads are kept to an absolute minimum, I will still be able to disount my Office Works based pricing by say 20% but it seems to me that ebayers expect a lot cheaper than that and I will need to increase my sales at least 5 fold over what they are at 50% off !

 

My listings are NOT split in product groupings and that might have a bearing, but most of my customers inform me that they know what they are looking for and just type it into the ebay search engine anyway ... I do have multiple item sales so that seems to not be too much of an issue and it would take days to spilt everything into separate product categories.

 

Your similar experiences and any suggestions would be sincerely appreciated. 

 

Thank you.

 

 

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Re: HOW DO I GET A VIABLE LEVEL OF SALES ON EBAY

A lot of stationery sellers work on a very low mark-up and rely on volume sales to make their money.  Ebay and b&m shops are completely different, especially when it comes to items with expensive postage.  Some buyers may not worry about buying from the cheapest seller but a lot of the cheapest sellers (who are also extremely reliable) have a huge following and get a lot of repeat business, so you may find it hard to break into the market if you can't match their prices and service.  Comparing yourself to Officeworks is irrelevant - you need to compare yourself with other ebay sellers of the same goods (sellers who get lots of sales).

 

REPLY - I HAVE TRIED TO COMPARE MY STORE WITH OTHER STATIONERY SELLERS AND, EXCEPT FOR ATEGORIES AND QUALITY OF PHOTOS I THINK MY OFFERING IS BETTER THAN THEIRS. AS FOR (sellers who get lots of sales) I DON'T SEE ANY STATIONERY SELLERS ON EBAY THAT ARE GETTING LOTS OF SALES. THE ONLY WAY I CAN ASSESS AND COMPARE IS BY ADDING UP THE VALUE AND ITEMS THEIR FEEDBACK SHOWS COMPARED TO MINE. I FIND THAT ONLY 30.26% OF EBAY BYERS LEAVE FEEDBACK ... THAT IS WITHIN 1%  MONTH AFTER MONTH ... SO WHEN I BROADLY APPLY THE 30% FATOR TO FEEDBACK RESULTS AND COMPARE WITH NUMBER OF ITEMS OF OFFER BY EACH SELLER, THEY ARE ALL PERFORMING AT WELL BELOW 50% OF VIABILITY ... MOSTLY THAT SEEM TO HAVE RETAIL STORES AS THEIR MAINSTREAM BUSINESS AND EBAY IS AN ADD ON.

 

IS ANYONE PROFESSIONALLY SELLING ON EBAY AS THEIR ONE AND ONLY BUSINESS ACTUALLY EARNING EVEN $20 TO $25 PER HOUR, AFTER PAYING FOR THEIR STOCK PURCHASES AND RUNNING EXPENSES?

 

I'd suggest putting a weight for each item in the description so that people can work out postage for themselves.  If postage is $7.45 and the item they're looking at weighs 230g they'll automatically know they can buy items weighing another 270g without it costing any more for postage.  Just allow a few grams more for the packaging.  You might think this is a lot of work, but if buyers emailed you and asked about combined postage you'd have to weigh the items anyway.  Anything that makes it easy for the buyers will help get you sales.

 

REPLY - I WILL LOOK INTO THIS, BUT MY CATEGRIES AND PHOTOS MUST BE A 1ST PRIORITY.

 

I'd think seriously about your store name in the next four weeks.  Names that have a message about bargains or cheapest or deals make me run a mile, for several reasons.  One reason is that it sounds as though your products are cheap and therefore poor quality.  If you're selling branded products why do you want to sound like a bargain basement type shop that sells unbranded products?  Names like yours automatically make me think of a market stall with someone hustling passersby for sales.  Because of postage costs you can never sell for bargain basement prices on ebay so there's no point in trying to sound like you can.  I can't understand why you use a store name of Payless4 cash because 99.9% of people on ebay use paypal, and buyers don't trust sellers who insist on bank deposit (cash).  It almost seems like false advertising to me.

 

YESTERDAY I CHANGED MY STORE NAME TO "AFFORDABLE QUALITY BRANDED PRODUCTS" AND TRIED TO CHANGE MY USEDNAME TO THE SAME BUT EBAY MADE IT ALL ONE WORD AND ALL LOWER CASE. APPARENTLY I CANT CHANGE IT AGAIN NOW FOR 30 DAYS.

 

The most successful sellers I know of in office supplies have simple names - names that people will remember so they can find them again.  You need your products, prices and service to speak for themselves, and I always wonder what's wrong if a seller tries to promote themselves any other way.  Why not call yourself something simple like "The Stationery Cupboard" - it tells people what you sell, they'll remember your name for next time, and it's easy to say.  By the way, I'm glad you can at least spell stationery correctly!   Paper = stationery.

 

REPLY - COMMENTING ON LAST BIT FIRST ... I ALWEAYS REMEMBER IT AS E = ENVELOPE = STATIONERY (LOL)

I HAD CONSIDERED CHANGING MY STORE NAME TO SOMETHING LIKE "THE STATIONERY CUPBOARD" BUT I HAVE ALMOST LANDED A WHOLE NEW SUITE OF DISTRIBUTORSHIPS THAT ARE NOT STATIONERY SO I WILL NEED TO WAIT FOR THAT TO BECOME A REALITY (OR OTHERWISE) BEFORE I MAKE MY STORE NAME DECISION ... ANYWAY, I CANT CHANGE IT FOR 30 DAYS BECAUSE OF EBAY'S RULES.

 

 


The categories could be done very quickly if you use bulk edit.  Set your selling page to show 100 items and tick all the ones that belong in a particular category, then click Edit down the bottom and do them in one go.  Then tick everything from the next category and do the same with them.  If your dearest items are all in the same category, sort your selling page by price so that they're all fairly close together.

 

If you have to take photos of everything, why not weigh them at the same time?  You could sit the scales next to your computer so that you could weigh them as you upload the pictures and put the weight in the description while you have that listing open.  It would save double handling the listings (to edit them).

 

It's hard to see how much others have sold because of each listing having multiple items.  They don't show every sale in completed or sold listings if it's a GTC listing with multiples.  I wouldn't rely on your method of checking feedback because one seller's buyers may leave more feedback than another seller's buyers.  On one of my IDs I get 75% leave feedback, on another ID only half leave it - a lot depends on the type of product.  You might do better by checking the feedback they leave for others - the bigger ones have it set to automatically leave feedback straight away and you'd get a better idea of how much they sell.  I'd also spot check a few products that you'd expect to be your best sellers and then check the selling history in the opposition's listings.  

 

I buy my sticky tape from a huge seller whose name I won't mention (not allowed) but they sell a lot of poly mailers, envelopes, bubblewrap, labels, etc.  They appear to sell a LOT and they rarely get bad feedback (unusual for a high volume seller).  Because of their high volumes they may buy at better rates than you can get, but I doubt they'd be doing it if they weren't making money from it.  They have a good range of products but they've stuck to the more popular products and that may be the key to their success.  They wouldn't have to search among thousands of different products to find the right one to mail out.

 

If you're likely to be selling other types of goods then select a name that doesn't mean anything in particular - and keep it short!  Your current name is way too long and cumbersome.  Ebay doesn't allow spaces or uppercase in usernames and I'm not sure they allow hyphens (it wouldn't when I tried recently), so pick a couple of words that are okay when run together, eg. onlinesupplies (just an example as I'm sure it'd be taken), or jonesonlinesuppliers.  Another example is bestbrandsbestprices - it's four words but it's relatively short and it runs together okay.

 

Trying to use your username to promote yourself isn't always going to work - it'll attract some but turn just as many others off, so keep it neutral.  That's what I was trying to say about using the word affordable, bargains, etc, in your username.  How many b&m businesses with "bargain basement" type names are still around after 5 years, or even 1 year?  Unless they're a $2-type shop they're usually gone pretty smartly, so that sort of name can have connotations of fly-by-nighters, or clearance outlets that are only temporary - but you want repeat customers because that's the best way to make money.  When I want to buy something I compare prices and I can easily see who's cheapest.  I don't take any notice of a username that tells me they're the cheapest, though those usernames are useful in telling me who to avoid because they're quite often sellers with lots of negs.

 

Just one more point.  A lot of your printer cartridges don't have the word printer in the title.  I know the characters are limited but check out what words other sellers use.  When I search I use the words printer cartridges (not ink, not laserjet, etc etc) and the cartridge number.  If I didn't know the cartridge number I'd probably put the model of the printer but most people would know or be able to look up the cartridge number.

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Re: HOW DO I GET A VIABLE LEVEL OF SALES ON EBAY

digi, I believe Anchor stores are allowed to put their contact details in their listings.  I'm pretty sure I checked it out and that it was correct, but I can't remember now.  Not that I'm likely to ever subscribe to an Anchor store, but those bigger stores do have that advantage.

 

I've also read that it's permissible to put your contact details (other website, etc) in your 'me' page, but I haven't checked that out yet.

 

Cute rabbit!  

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Re: HOW DO I GET A VIABLE LEVEL OF SALES ON EBAY


@affordablequalitybrandedproducts wrote:

Things I can't adopt, are for example...

I can't do free post.

I can't provide postage on ALL items because some remote areas in WA and Tassy would cost me dearly.

I can't change from Quality Baranded stationery to cheaper stationery imports because I have contracts with my suppliers that I must honour.


Have you checked to see whether you can block sales to specific areas, but only on specific items?  If postage there would cost a fortune they're not all that likely to buy anyway.  I don't know whether you can apply those rules to only some of your items but someone else will know if you ask.

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Re: HOW DO I GET A VIABLE LEVEL OF SALES ON EBAY

I think weights in your listings are actually more important than better pictures. If the weights are there you're far more likely to get multiple purchases from each buyer. Not only does that get more sales, it reduces the fees on your postage per item. For example, if you sell one item to each of two buyers and the postage is $7.45 for each buyer, you'll pay two lots of fees on the postage. But if one buyer buys two items and they can be sent together for $7.45, you only pay one lot of fees on the postage.

 

Getting buyers to purchase more than one item will vastly improve your bottom line, so categories and weights should be your first priorities. It'll take ages to do new photos anyway so you'll get a better return on your time by doing the other things first and just taking your time on the pictures. Also, have you checked to see whether ebay has stock photos available that are better than your current pics?

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Re: HOW DO I GET A VIABLE LEVEL OF SALES ON EBAY


@englishrosegardens wrote:

@affordablequalitybrandedproducts wrote:

Things I can't adopt, are for example...

I can't do free post.

I can't provide postage on ALL items because some remote areas in WA and Tassy would cost me dearly.

I can't change from Quality Baranded stationery to cheaper stationery imports because I have contracts with my suppliers that I must honour.


Have you checked to see whether you can block sales to specific areas, but only on specific items?  If postage there would cost a fortune they're not all that likely to buy anyway.  I don't know whether you can apply those rules to only some of your items but someone else will know if you ask.


I'm pretty sure rates table allow that function - you can quote up to 15 different P&H prices according to region, and once you've implemented rate tables as an option, you should also be able to block certain regions within Australia (I think Business Policies are also necessary for the block function, but rate tables alone may solve that problem, since postage can be set and then discounts can be applied in three different ways).

 

For anyone that's interested, I don't use rate tables so can't advise too much on how to set them up, but for more info:

 

http://pages.ebay.com.au/help/pay/shipping-costs.html#tables

 

And for good measure (business policy info - it's something you may need to opt  into, if it appeals) :

 

http://pages.ebay.com.au/help/sell/business-policies.html

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Re: HOW DO I GET A VIABLE LEVEL OF SALES ON EBAY

If you're using AP, why can't you just do calculated postage on larger/heavier items so that all buyers will see the exact postage to their area, then it's up to them whether or not they want to pay it. I realise if you use couriers on these items this won't apply, but unless you sell a lot of these types of items you may be better not to stock them anyway because they won't be time efficient.
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@affordablequalitybrandedproducts wrote:

 

IS ANYONE PROFESSIONALLY SELLING ON EBAY AS THEIR ONE AND ONLY BUSINESS ACTUALLY EARNING EVEN $20 TO $25 PER HOUR, AFTER PAYING FOR THEIR STOCK PURCHASES AND RUNNING EXPENSES?

 

 

 


 It is possible to earn reasonable money per hour on ebay, but it is becoming harder all of the time.

 

Until two years ago ebay was my main source of income. I treated it as a job, going into the office at 8.30 each morning and working a full 8 hour day with an hour off for lunch. While I was in the office, I worked consistently listing, packing, answering questions and generally running a business. The trick is to have good, consistent work habits and not get sidetracked just browsing ebay or the internet generaly.

 

Running our stores like this I was making $35-$40 per hour profit after costs. ( ATO taxation and accountants figures. ) . The money earned on ebay paid for two kids private school fees, a reasonably modern car, the house mortgage and utilities bills, food clothes and weekends away.

 

 Over the last two years our sales have declined and I am spending more time developing a non ebay based business. This means I am spending less time on ebay, but looking at recent figures, I would still be clearing over $30 an hour for the time I am actually working on ebay.

 

There are a number of factors that help with earning reasonable money per hour. They include

 

*  Treating ebay as a regular job and appling good CONSISTENT work habits. Its hard to make money while you are browsing other sellers stores.

* Finding a product line that allows for very high profit margins. This is difficult to achieve with a generic product where you are competing with many other sellers. So niche marketing

*  KISS - keep it simple stupid. Its easy to waste a lot of time answering questions, chasing up non payers, filling in ebay surveys etc.  * Have simple, efficient systems and work them hard. This includes things like buying bulk standardised packing boxes, mailers etc. Having an efficient packing area with 100 metre rolls of bubble wrap on rollers behind your work area, bulk envelopes in storage containers within reach, return address stamps etc.

* Having very efficient reliable stock control systems with high quality proffesional storage systems for stock. You can waste a lot of time trying to find something you have sold if your stock storage systems are not efficient. I have a wall of filing cabinets in my shed as well as proffesional shelving systems, purchased from large businesses clearing sales when they shut down. Surplus unlisted stock is kept in a vermin proof, watertight shipping container, again fitted out with  commercial grade storage systems.

* Provide good, reliable honest service to customers and build a proffesional business reputation. This allows the store to charge higher prices and improves profitability.

* Basically treat ebay as a business and remember, time is money. Use your time efficiently.

 

I Hope this helps others who are considering selling on ebay as a full or parrt time job.

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* Finding a product line that allows for very high profit margins. This is difficult to achieve with a generic product where you are competing with many other sellers. So niche marketing
_______

I agree with everything you've said except for perhaps one thing. If you have a product that you get a lot of repeat sales of, and that take very little time to pack, low profit margins can work. The big booksellers would work on low profit margins because they work on volume - but it only takes seconds to grab a book and put it in an envelope, whereas some items might take ten minutes to half an hour to pack.
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More than seconds if you pack them adequately.

 

Picking, waterproofing, bubblewrap, printing labels or writing on envelopes...

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Re: HOW DO I GET A VIABLE LEVEL OF SALES ON EBAY

I haven't  read everything in this thread so some of these points may have already been raised.

 

For New items the Cassini search likes listings to be listed as - New (Brand Name) (Product) and then things like colour etc.

 

Where possible set up multi variation listings as that helps with Best Match.

 

Offer an express post option.

 

Offer some products with free postage and then use promotions manager to offer discounts when a buyer purchase multiples of those items or use the variation tool to set up listings where they can buy either one or multiples of the same product with the more they buy the cheaper per item they become.

 

Set up some bulk listings.

 

Offer a 30 day return policy.

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