How to Sell Items on Online Auctions
By Carrissa Larsen, published Mar 28, 2007
Published Content: 32 Total Views: 43,355 Favorited By: 23 CPs
As with any business venture, online auction sites are always a gamble. You never know if your items will sell for what you're hoping for, or in some case, even sell at all. Until you can establish a loyal list of buyers and a long list of positive feedback, selling online can be very hit or miss.
In order to ensure your best chance at success, there are a few steps you can take to making sure you're getting the most out of your listings, and doing all you can to get your items purchased.
Check Out the Hidden Fees
Before you list an item on any website, be sure you read all of the terms and conditions carefully. There can be many hidden cost associated with listing items on these sites, and you have to make sure they don't cut into your profit too much. Some sites charge a flat rate for each item listed, and some take a percentage of the amount the item sells for. Some sites even charge you extra for posting extra photos of your item.
The bottom line is, beware. If your item sells for less than you expected, the listing fees could kill any profit you had a chance of making. Research carefully and keep a running list of fees associated with all sites you are considering listing with. This way, when you're deciding to post an item, you can go over the list and decide which site will be the best for you to list with for that particular item.
A Picture is Worth a Thousand Sales
Great photos are the key to selling your items. On a recent forum poll on Etsy.com (a site devoted to the sale of handmade items) buyers stated "bad photos" as one of their number one reasons for deciding not to buy an item. A bad photo can really drive potential buyers away from your item, as it's their first impression of you and your quality as a seller.
How to Sell Items on Online Auctions
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Takeaways
- Selling things online is a great way to make extra money
- Beware of hidden listing fees
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