How to Open an Ebay Store
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own eBay Business with the
Moms Talk
Biz Guide to Making Money with eBay.
by Bonnie Large
September, 2004
There are many advantages to having an eBay store; number one
being that opening an eBay store has the potential to save you vast
amounts of money.
Saving Money
The basic eBay store is only $9.95 per month and each listing is
only $0.02 and you can add a gallery picture for just a penny.
With insertion fees starting at $0.30 for regular auction listings,
you can see how quickly the savings add up if you list a number of
items every month. Final value fees are the same whether you
sell through your store or through a regular auction listing.
Here is a great way to save a little money and also get people to
look in your store. Run a regular auction on an item that you have
multiples of, and also list the same item as a store listing.
Somewhere within the description on the regular auction listing,
include a blurb stating something to the effect that if they don’t
want to wait until the auction ends, they can “Buy it Now” in your
eBay store. Include a hyperlink that takes them directly to your
store.
This saves you an additional $0.03, as the Buy it Now fee is
$0.05 cents and the store listing is only $0.02. And really,
it saves you even more because the store listing is good for 30 days
and the max listing on an auction without paying $0.20 cents for a
10-day listing is only 7 days.
Categories
Categories are another big advantage of having an eBay store. I know
that when I find an item I like, I will usually “view seller’s other
items” to see if they have anything else I want so I can save on
shipping. However, if the seller has pages and pages of items, it
does get tiresome scrolling through them and I will usually not make
it all the way to the end.
On the other hand, if the seller has an eBay store, they have the
ability to list their items in Categories, which is fantastic as I
can just scroll through the categories that interest me.
Quantity discounts
There are times that a customer might ask for something slightly
different than what you have listed (maybe you make custom items),
or you might want to offer them a quantity discount for purchasing
multiple items.
We all know that it is against the rules to sell items off eBay,
and this is another time that having an eBay store can save you big
money. In this case, you could create a custom listing for the
buyer in your eBay store and save the heftier insertion fee of a
regular listing.
Promoting your Store
It used to be that you as the seller had to do heavy-duty
marketing and promotion to get people to see your eBay store, but
eBay has recently made big improvements to store items coming up
both in eBay searches, as well as on search engines. Still, it
is very important to promote your store yourself. The easiest
way to do this is to put a clickable link right in the beginning of
each of your auctions to encourage buyers to visit your store to
view similar items.
Store items are listed as Buy it Now, so you are sure to get the
price you want. You might list most of your items in the
store, but list several HOT items as an auction, with a teaser to
get people to search your store for other items. This way, you
will save so much money on the items that you listed in the store as
opposed to on regular auction, that you could use some of that money
you saved on additional upgrade features, such as bold and
highlight.
If you are selling clothing or other items that come in multiple
sizes, you might list one as a regular auction with a spiel in the
listing about visiting your eBay store to find like items in
different sizes.
Inventory Control
One final suggestion I have is to use your eBay store to help
control your inventory. With eBay stores, it is comparatively
very inexpensive to list every single item you have in inventory.
Then, when eBay offers free or reduced listing days, it is extremely
easy to take advantage of it.
All you have to do is go through your store listings and “sell
similar item”, but change the format to an auction listing.
Just remember to end the store listing if it is an item that you
only have one in stock. Then, when your auctions end, you can
re-list them and change the format back to a store listing.
These are just a few ideas of ways to get the maximum mileage out
of your eBay store, but the possibilities are virtually
endless. With time and creativity, you will figure out what works
best for you, and you might be amazed at how much your eBay store
can help keep your eBay fees in check.
_______________
Bonnie Large is a single mother of two who owns
Alpha Pet Products and regularly sells on eBay.
Visit her eBay store.
©2004 This article was written
exclusively for Internet Based Moms™ and may not be
re-published or copied without permission from Internet
Based Moms™, except to print one copy for personal use. Any
questions regarding use of this article should be directed
to
Linda.
Comments and general questions about the article's content
can be directed to the author.
NEW! Learn how to start your
own eBay Business with the
Moms Talk
Biz Guide to Making Money with eBay.