728_header.jpg (23748 bytes)
Google  Web AuctionBytes  

Home
Subscribe
Blog
EcommerceBytes
Podcasts
Forums
Merchant Directory
AuctionBytes TV
ABU Back Issues

Sponsor

COOL TOOLS

Calendar
eBay Fee Calculator
Collectors' Links
eBay Promo History
Bookshelf
Fraud Resources
Auction Site Fees
Auction Management
Payment Services
Storefronts Chart
Sniping Chart
Email List Hosting
Consignment Services
Drop-Off Store Laws
Ecommerce Resources
Photo Tips
Marketing Inserts
Yellow Pages
Classifieds

AUCTIONBYTES

Our Writers
Write For Us
Partners
Press
Advertising
About Us
Link To Us

Auctionbytes-NewsFlash, Number 790 - June 25, 2004 - ISSN 1539-5065      Previous Story | | Next Story

eBay Live Sessions: Advanced Selling Strategies
By Julia Wilkinson
AuctionBytes.com
June 24, 2004
AddThis Social Bookmark Button

Best practices for eBay sellers was the focus of the first session I attended at this year's eBay Live in "The Big Easy." The room was more packed than Bourbon Street on Mardi Gras (OK, let's not go that far, but all the seats seemed to be filled).

Todd Lutwak of eBay Seller Development and Craig Zimmer of MobilePC, both veterans of last year's eBay Live, were presenting. MobilePC is a titanium powerseller, and the crowd hummed with admiration when Zimmer said the company did over a half million dollars in sales in the last month.

The key bullet points of the session were that sellers need to:

  • understand the eBay marketplace
  • experiment, measure, repeat,
  • attract buyers to your listings
  • build great listings
  • sell effectively & safely

One of the points Lutwak and Zimmer made again and again were that sellers should quickly take advantage of new features as they're offered, to get an advantage over other sellers and maximize their sales. For example, Zimmer said MobilePC used the Keywords by eBay (eBay's pay-per-clickthrough banner advertising program) feature soon after it debuted, for a set of 30 computer listings. Zimmer said Keywords by eBay is especially effective if you're selling a lot of one type of item.

Among the other new or recent features Lutwak mentioned were the item subtitle - he urged sellers take advantage of all 55 characters of the title; Item Specifics (Zimmer's MobilePC was among the first seller in his category to use that feature, giving him an edge over competitors); and stores traffic reporting. Some of the new features can give your buyers various points of entry. Speaking of which, Lutwak also suggested that sellers vary their titles in different auctions – this can attract buyers searching on different words. It can also help you determine which titles are most effective.

It was interesting to me to see what features Lutwak, an eBay employee, liked best. Lutwak is a fan of saying “I’m a fan of…” …as in, “I’m a fan of the Gallery feature.” He’s also a fan of item subtitles (though at $.50 a pop, I think sellers need to make sure it makes sense for their profit margin…and Zimmer echoed that thought of cost/benefit analysis), clear store descriptions that mention the specific items sold in that store, rather than just saying something vague like “We’re a family-owned business”; emphasizing the value of an item (e.g. your price vs. retail price); and clearly stating the cost of shipping. (Zimmer is not a fan of shipping calculators).

As a good example of a listing with best practices, Lutwak showed a listing of clothing sellers Gotham City Online, with clearly labeled specifics such as brand, size, style, etc., and the original photo with a watermark of the GCO brand overlaid on the pic, which means someone can’t try to copy and use the photo as their own.

They also talked about eBay marketplace research, such as completed item searches, and the Andale research services. Zimmer mentioned that MobilePC uses completed item data to set their own prices…for example, they might take an average selling price based on the data for a certain kind of computer and then use that to price an item to make a profit. (I’m a fan of completed item searches, myself).

Other helpful information comes to sellers via things like the Seller NewsFlash, and their new “PowerUp,” which is a communication to sellers…the middle section is actually customized for each individual seller.

In the last part of the presentation, they discussed shipping and feedback. Lutwak said something I didn’t know: that many sellers on eBay don’t (or don’t always) provide feedback to buyers, so that some buyers may actually look to buy from sellers who state that they do provide feedback. He suggested sellers actually state that in their listing.

And Zimmer emphasized that it’s important to state how fast you ship, since many buyers are very sensitive to when they receive an item (gosh, don’t I know it!). MobilePC uses UPS, so the buyers get automated tracking numbers sent. Lutwak mentioned eBay's shipping center (http://www.ebay.com/shippingcenter).

All in all, the session had solid tips, and you got the sense the presenters practice what they preach. The strange thing was that just before the end of the session, a loud buzzing sound went off near the ceiling, and nobody knew quite what it was. (Is there a voodoo doctor in the house?) But here in Nawlins, we’re trying to take everything in stride, and Lutwak suggested people take their questions outside.

On to the next event. (It’s hot ‘n’ humid here..did I mention I’m a fan of fans?)


Email this story to a friend.

Previous Story | | Next Story

Related Stories
  • AuctionBytes Reporting Daily from 'eBay Live' Convention - June 21, 2002, Issue #340
  • eBay Live Holds Category Portal Extravaganza - June 22, 2002, Issue #341
  • Author of eBay Tell-All Discusses Auction Sellers - June 22, 2002, Issue #341
  • eBay Live Class: Sitting in on Advanced Selling Tips & Merchandising - June 22, 2002, Issue #341
  • Andale Announces New 'Market Insights' Tools for Online Auction Users - June 22, 2002, Issue #341
  • Meg Whitman Announces Health Insurance for eBay PowerSellers - June 22, 2002, Issue #341
  • eBay Live Exposition Hall Showcases Products & Services for eBay Users - June 22, 2002, Issue #341
  • eBay Live Exposition Hall Showcases Products & Services for eBay Users - June 22, 2002, Issue #342
  • eBay Announces Health Insurance for its PowerSellers - June 22, 2002, Issue #342
  • eBay Live Exposition Hall Showcases Products & Services for eBay Users - June 22, 2002, Issue #343
  • eBay Announces Health Insurance for its PowerSellers - June 22, 2002, Issue #343
  • eBay to Change Top Sellers Program - June 23, 2002, Issue #342
  • AuctionHelper Announces Release of AuctionLynxx 2.0 - June 23, 2002, Issue #342
  • eBay Live Power Panel Answers Tough Questions from Attendees - June 23, 2002, Issue #342
  • eBay to Change Top Sellers Program - June 23, 2002, Issue #343
  • AuctionHelper Announces Release of AuctionLynxx 2.0 - June 23, 2002, Issue #343
  • eBay Live Power Panel Answers Tough Questions from Attendees - June 23, 2002, Issue #343
  • AuctionBytes and CollectingChannel.com Report on eBay Live! Conference - June 28, 2002, Issue #347
  • My eBay Live! Adventure, Confessions of an eBay 'Virgin' - June 30, 2002, Issue #73
  • eBay Live Conference: A Made for TV Event - June 30, 2002, Issue #73
  • eBay Users to Convene in Orlando for eBay Live! 2003 - August 11, 2002, Issue #373
  • eBay Announces Dates for eBay Live 2003 User Conference - September 27, 2002, Issue #402
  • '60 Minutes II' Profiles eBay Sellers on TV Tonight - October 30, 2002, Issue #425
  • eBay Holds Live Chat to Discuss 2nd Annual Convention - May 28, 2003, Issue #545
  • eBay University Kicks Off at eBay Live Convention - June 26, 2003, Issue #565
  • PowerSeller Gives Synopsis of Two eBay University Classes - June 27, 2003, Issue #566
  • Whitman's Keynote Speech Lists New eBay Fraud Initiatives, Then Gets a Little Weird (Al, that is) - June 27, 2003, Issue #566
  • eDeposit Announces 'Anti-Fraud' Essay Contest Winner at eBay Live - June 27, 2003, Issue #566
  • Berlin, Germany and New Orleans to Host Next eBay Live Conventions - June 28, 2003, Issue #567
  • Day Two of eBay Live Begins with Tough Questions from Users - June 28, 2003, Issue #567
  • eBay Holds Annual Shareholder's Meeting in New Orleans; Rejects Proposal to Expense Options - June 24, 2004, Issue #789
  • eBay Live Attendees get 'Prepped' During Orientation Session - June 24, 2004, Issue #789
  • eBay Live! 2004 - PowerSeller Conference Features - June 24, 2004, Issue #790
  • eBay Brings ''eBay Live 2005'' Home to San Jose - June 25, 2004, Issue #790
  • eBay Execs Give Keynote Speeches at eBay Live - June 25, 2004, Issue #790
  • eBay and U.S. Postal Service Team Up to Offer Co-Branded Shipping Supplies Exclusively For The eBay Community - June 25, 2004, Issue #790
  • DOUA Hopes to Make eBay a Level Playing Field for Disabled Users - June 25, 2004, Issue #790
  • buySAFE and ChannelAdvisor Announce Exclusive Partnership to Protect Online Auction Transactions - June 25, 2004, Issue #790
  • Security Q&A with Rob Chesnut, eBay's Trust & Safety VP - June 26, 2004, Issue #791
  • Bizarre eBay Stories: eBay Live Session - June 26, 2004, Issue #791
  • The eBay Elite at eBay Live - June 26, 2004, Issue #791
  • ChannelAdvisor Named eBay Star Developer - June 26, 2004, Issue #791
  • eBay Execs Face Tough Questions During Saturday's Q&A - June 26, 2004, Issue #791
  • Freebies Rule the Day at eBay Live - June 28, 2004, Issue #792
  • Couple Exchange Vows at eBay's Annual User Conference - June 28, 2004, Issue #792
  • eBay Unveils New Ways to Help Sellers Source and Sell Online; ProStores Web Store Solution Complements eBay Stores, Extends Sellers' Market Reach - June 23, 2005, Issue #1046
  • AuctionBytes Runs Exclusive Coverage of eBay Live! 2005 - June 23, 2005, Issue #1046
  • No Surprises at eBay's Shareholder Meeting - June 23, 2005, Issue #1046
  • Cross-Border Shipping, Finding Product Sources and More: eBay Live's Session on Using Certified Providers - June 23, 2005, Issue #1046
  • eBay Live! Exhibit Hall: Bingo for Bracelets and Doba's ''Da Bomb'' - June 24, 2005, Issue #1046
  • eBay Live! 2005: Some Observations from the Floor - June 24, 2005, Issue #1046
  • 4D Inc.'s Launch of MarketBlast Revolutionizes eBay Auction Management Niche with Simple Pricing Scheme - June 24, 2005, Issue #1046
  • eBay CEO's Keynote: eBay Broadening Scope, but Still Listening to Users - June 24, 2005, Issue #1046
  • Thriller: eBay sends 18,000 to Great America Amusement Park - June 25, 2005, Issue #1048
  • PESA Auctions eBay Celebrities for NetSmartz - June 25, 2005, Issue #1048
  • Fees, Safety, and Support Key Issues at Saturday eBay Town Hall Meeting - June 26, 2005, Issue #1049



  • Discuss this story in our forums.

    Ecommerce Podcasts

    Site Index
    Copyright 1999-2008. Steiner Associates LLC. All rights reserved