Can EBay Be Used as a Customer Acquisition Tool?

Sellers! Change Your Thinking About EBay!

By Randy Smythe, published Oct 09, 2006
Published Content: 19  Total Views: 43,371  Favorited By: 5 CPs
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As we start the 4th Quarter, the busiest time of the year for online shopping, I want to talk about Customer Acquisition as a concept. Sellers who sell on eBay need to change their mindset, even sellers who are presently happy with the world of eBay. My suggestion is quit thinking of eBay as your home on the Internet and start thinking of it as a marketing tool. You are not "eBay sellers" you are online sellers who happen to sell on eBay. Repeat after me; I am an online seller and I sell on eBay. Remember, even if eBay is presently your only sales channel, you are using eBay to bring you customers. This change in thinking is crucial if you are to take control of your business. Change your mindset. You sell online! I know it can be difficult, but eBay is changing and right now we don't have a clue what it will ultimately look like. Look out for your business, eBay is looking out for theirs.

Ebay still brings tons of high value traffic to their site-after all they are the world's largest auction site, but the times "they are a changin" now that eBay has introduced Sponsored Links, purchased Shopping.com (how long before they integrate that site into eBay), and announced they are adding Half.com listings to CORE search, I believe it is becoming clear they want to become to shopping what Google has become to search-Google's recent announcements on GoogleBase and Google Checkout may hasten this change, but that is yet to be seen. Whether or not this actually happens sellers need to start looking at eBay as an acquisition tool rather than a destination. The key to this strategy is to open your own webstore/website for your product. EBay stores should not be considered your webstore but a marketing tool just like CORE auctions. There are many WebStore options at present and many more on the way that offer low cost entry. MonsterCommerce, Yahoo Stores, Amazon Stores (coming soon), and eBay's ProStores offer entry level WebStores. These stores will list your product and facilitate transactions but be aware they are not marketing tools. You will still need to bring shoppers to you.

Takeaways
  • You are not "eBay sellers" you are online sellers who happen to sell on eBay. Repeat after me; I am
  • Ebay buyers are a unique crowd: They are very comfortable with the site and are generally not inclin
  • Research your eBay competition.
Resources
  • I've started a blog! I will be using Associated Content for more in-depth articles like this and use the blog for more up-to-date bloggy information. You can find my blog at rksmythe.blogspot.com/
Comments
Showing Comments 1 - 6 of 6
 
 
I was letting people know all about this at Live this year. It was amzing the response I got about it. Most of them looked at me like I was talking a foriegn language but there were a few that would listen and were very interested in what I had to say. The tool has always been there to use and it is the check out re-direct. Once they are on your site then it is up to you the seller to get them to buy more and to come back again. It has to be a comfortable and seam less experience. Names of buyers are the most important asset that eBay can give to you and it is well worth the cost of listing with the bonus being in the sale that you make

Posted on 10/17/2006 at 5:10:00 PM

 
Frank - Thanks for the comments. First hand experience is always much better than marketing copy. There are numerous choices available.

Posted on 10/11/2006 at 6:10:00 PM

 
Great Article I do need to chime my 2 cents on Monster Commerce. Hopefully you won't object, but they are so Web 1.0. We have 2 sites there and have thought many times about moving them. You cannot run scripts there or even upload an XML file. That means you can't do things like RSS and blogs. They claim it is for security, but it really hampers the store owners ability to move with the times. You can get those things IF -- and only if - you pay the MonsterCommerce programming staff for it. It's a hostage situation and has not been made better since they went public by way of acquisition. So to sum up, I don't recommend them. The others ones are good, and finestshops.com as well makes a good ecomm provider.

Posted on 10/11/2006 at 5:10:00 PM

 
Phisto - I do have a blog at www.rksmythe.blogspot.com Also, I am considering a book but haven't made the decision yet. Thanks for your comments.

Posted on 10/11/2006 at 2:10:00 PM

 
Dominic - Low prices generate the most exposure (page views) but make sure not to give the product away. Test different price levels, checkout your competitors. The key to website pricing is to offer fair prices and either lower S&H or free S&H but make sure you also offer greater breadth of product on your website than you do at eBay. This will differentiate your website items from the advertising you are doing on eBay. Hope this helps.

Posted on 10/10/2006 at 4:10:00 PM

 
Hey Randy, great comments! Got couple questions though: 1. You mention difference in the listing approach in core listings, ebay store, and your own site. How would you approach the pricing of these 3 options? 2. You mention something about checkout redirect, can you tell us more about it? 3. Just out of curiousity, what new venture are you on? Thanks a lot Randy, keep up the good work!

Posted on 10/09/2006 at 10:10:00 AM

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