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101 Auction Secrets Revealed

101 Auction Secrets Revealed

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AuctionTip #1: Buyers Want Easy Payment Options
As sellers, we want to offer every pay type. It'll make things easy on
our bidders and we'll make more money. Here are two reasons why:
First, difficult pay types create deadbeats. If I offer an option they
aren't comfortable with, I may turn a would-be buyer into a nonpayer.
Secondly, you'll be able to snag those easy sales that come
outside the auction arena. This is so important. Bidders will email
you wanting to order online. Most will use Paypal, but some will not.
Strive to be flexible here. If you cover all possible pay types you'll be
able to make profits that pass others by...
Here are the pay types sellers on eBay offer:
· Paypal
· Personal Check, Cash or Money Order
· Billpoint (eBay service for credit cards)
· Electronic Checks (a new service that eBay offers)
· Credit Cards by email, secure server, phone and fax
Four of those you'll have no problem with. It's the merchant accounts
that can be a pain; don't let it- it's easier and cheaper to get them
than you think. I'll show you how in just a moment...
eBay Power-Seller Secrets 3 http://auctionebook.com
AuctionTip #2: Over 75% of eBayer's Use Paypal
Hands down, Paypal is THE auction pay type. It's a free service and
easy for bidders to use. If you use it, you'll have no transaction fees
taking away from your hard earned money-
You'll get by starting out with Paypal and Billpoint handling your credit
card needs. Not a paypal member? Sign up today and start taking
credit card orders instantly- plus you'll get $5 for opening and account
and $5 for anyone you refer.
http://www.paypal.com
AuctionTip #3: Getting Set Up With Merchant Accounts
It's not difficult or as expensive as you may think. Do you plan on
doing business online? If so, it's a good idea to have them-
Here are just a few good reasons why:
· You'll be able to process a customer's credit card manually.
· You'll process orders automatically securely on your website.
· You'll be able to take advantage of sales that other sellers miss
· It'll also give you a huge boost in credibility. People will trust
you more.
I got my merchant accounts in less than a week from Total Merchant
Services. I didn't have great credit at the time and I was approved
instantly- they have a 98% approval rate and are recognized as a
leader in Internet merchant services; they are well worth looking into:
http://www.marketingtips.com/creditcards/index.html
eBay Power-Seller Secrets 4 http://auctionebook.com
AuctionTip #4: Use An Email Signature
One great free way to promote your auction business is by using a
signature. Signatures are six to eight line "footers" at the end of your
email messages or discussion board posts. All email programs support
them. Take advantage of this cheap and effective means of advertising
your listings...
You can also use a signature to promote your auctions, website or
whatever you feel is necessary. Considering the number of messages
you'll be sending and receiving, you won't want to pass this up!
AuctionTip #5: ‘Can’ Your Email
You'll receive many of the same questions by email over and over
again. Make a good canned message (or template as some call them)
to use for responses to typical questions and for questioning others.
This will save you loads of time. Have your responses prepared ahead
of time and you'll free up large chunks of every day. Spend your time
taking care of business and not drowning in email.
AuctionTip #6: Use Email Shortcuts
Sometimes ‘canning messages’ will not cover everything- use a
program like Shortkeys to type repetitive phrases and sentences. By
smartly using email shortcuts and canned messages you'll cut your
time responding to email down by 90%.
You'll also avoid typos of key info like your auctions link or shipping
address. You can get a free version of the program at:
http://www.shortkeys.com
eBay Power-Seller Secrets 5 http://auctionebook.com
AuctionTip #7: Personalize Email Responses
When I use canned responses or shortcuts, I try to make them as
personable as I can. Try plugging the persons name into the reply.
Let's make our message sound as warm as it would if you were talking
to them face to face.
AuctionTip #8: Filtering Email
An onslaught of email is coming your way. If you thought you were
getting spammed earlier, just wait until you start selling heavily on
eBay. You've got to defend yourself- your time is at stake here.
You have many tools at your disposal; but the email filters that come
with Eudora Pro are by far the best. With it you'll be able to put the
hurt on more hucksters..
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