Before you start shopping on eBay, there are several tips you should know. Here are some: Use your common sense when choosing a product, look for products with a high sell-through rate, avoid buying fake items, and set up alerts for items you’re interested in. Use the tips listed in this article to save money while shopping on eBay. You’ll be surprised by how much you can save on your next purchase! Read on to learn how.
Find products with a high sell-through rate
There are several ways to maximize your eBay sales, and one of the most effective is to choose products with a high sell-through rate. Low-cost items often have high conversion rates. This is due to the fact that customers are more likely to purchase items that cost less. Furthermore, low-cost items also represent low risk. Purchasing a $700 DSLR camera will only yield a sell-through rate of 0.5%-2%.
The metrics that eBay uses to measure the value of listings can be highly valuable for sellers. For example, check out the average price of competing items and determine the value of yours. Also, use seller ratings to determine the quality of their customer service. After all, no one can physically inspect an unfamiliar item. So, buyers rely on customer reviews to determine the quality of the product. These seller ratings can be found in the search results.
Avoid fake items
If you’re shopping on eBay, you should be aware of how to identify counterfeit items. A common clue is high discounts. If the seller is selling a fake, they’ll hike up the price to maximize their profit. A counterfeit item will also look similar to a real brand name but be poorly packaged or lack packaging. You may also notice illegible text, misspelled labels, or an item that has been used.
Make sure to read eBay’s rules for spotting fake products. Usually, a seller has three business days to respond to a buyer’s inquiry. However, some eBay sellers sell high-end brand name products at up to 80% off the retail price. If you are purchasing a high-end item on eBay, you should be careful to avoid a scam. While eBay is a great way to find a bargain, beware of fake listings.
Bid at the end of auctions
Bid at the end of auctions when eBay shopping is an effective strategy to beat out the competition. People often cry foul when a winning bid is placed before others have. This is because they automatically assume that bids are listed in chronological order. In reality, however, bids are listed from highest to lowest and canceled bids are at the bottom of the page. In order to beat out your competitors, you must sneak a big bid at the end of an auction.
Bidding early will result in a bidding war, which will drive the price up. Ideally, bid at the end of an auction and come back later. Otherwise, you might miss the chance to get it at a higher price. If you miss an opportunity to bid at the end of an auction, consider selecting the option of adding the item to your watch list and setting a reminder to check on it.
Set up alerts
If you’ve been on eBay for any length of time, you probably want to set up alerts to notify you when your desired item drops in price. You can do this with the eBay Watchlist feature, which sends you a text message or email when the item is back in stock. The most important thing to remember when setting up eBay Watchlist alerts is to write down a detailed description of the item when searching.
You can also create alerts to notify you whenever a particular auction ends. These alerts are free to set up, and you can choose to receive them once a day or every hour. If you aren’t sure which alerts to set up, try GAlerts. You can create up to 100 saved searches, and whenever a listing ends, the site will send you an email. Using this service is free, and you’ll receive notifications every time the listing ends.
Avoid giving negative feedback to buyers
Giving negative feedback to a buyer is not always necessary. There are many ways to avoid giving negative feedback, and some of them may seem counter-productive. One way is to not respond to the feedback left by the buyer. You can’t change the way a buyer feels, but you can clarify the facts. If you don’t respond to the feedback, it will be assumed that you’re the worst seller.
There are many reasons why a buyer may give negative feedback, including a mistake in the delivery of the item or a lack of communication. Sometimes, the feedback will be given after an exchange of messages or while you’re working with the buyer to resolve a problem. Buyers are usually upset about some aspect of their purchase. They might have missed your message, freaked out because you took so long to reply to their message, or simply don’t understand the feedback system on eBay.