w To Make Your eBay Listing ATTRACTIVE To Your Target Market
03 2010 Wednesday
31
By Martyn Boaden in Ecommerce
Your eBay listing is your salesperson. Most sales people look smart and professional. Your eBay listing must also look smart and professional and give the appearance of a legitimate business. This will instil confidence in your buyers.
If you are selling the same item as someone else on eBay, but your listing is more professional and gives the impression of a legitimate business (whereas your competitor’s does not) then people will be more likely to buy from you. They may even be willing to pay more to buy the same item from you than from your competitor – because they have more confidence in you.
Make your eBay listing attractive and professional but avoid flashy gimmicks that distract. Just because you can add blinking images and flash video and music doesn’t mean you should. Whilst clever, they won’t increase your sales. They will just distract. If it doesn’t directly help you to sell your item, don’t use it.
A simple audio or video message in your eBay listing WILL increase sales.
Make your eBay listing EASY ON THE EYE. Some of your potential buyers may have poor eyesight. You don’t want to lose them because they can’t read your listing. But even if they have 20:20 vision, you are more likely to grab and hold their attention if reading your eBay listing is EFFORTLESS.
Dark text on a light background is the easiest to read. Black text on a white background is best and should be used in most cases. Different coloured text can be used sparingly to draw attention to a few key words and phrases.
Use a font that is appropriate to what you are selling. If you are selling children’s toys, “Comic Sans MS” might be an appropriate font to use. But this would create the wrong impression if you were selling something more “high-brow” such as a business course for which “Times New Roman” would be more appropriate. If in doubt, use an easy to read font such as “Verdana”, “Calibri” or “Arial”. Avoid difficult to read fancy fonts such as “Monotype Corsiva.”
SOME PEOPLE WRITE THEIR LISTINGS USING JUST CAPITALS. THIS IS A MISTAKE. IT IS ACTUALLY HARDER TO READ THAN LOWER CASE TEXT.
Capitals can be used SPARINGLY to draw attention to a few KEY WORDS and PHRASES.
Most people will skim through your listing to see if it’s of interest before they decide whether to read it fully or move on to the next listing. You want them to notice the most important words and phrases – the ones that describe your product’s major benefits – as they skim read.
So emphasise these important words and phrases by using a combination of CAPITALS, bold text, underlined text, high-lighted text or by using different font colours. But don’t over-use these as your listing will look messy and what you want to emphasise will no longer stand out.
These emphasised words and phrases must build sufficient interest in the skim-reader to encourage them to read your eBay listing properly.
A big block of un-broken text, many lines deep, is daunting. Break it up into several smaller paragraphs that are only a few rows deep. Don’t worry if this grammatically in-correct.
You are NOT writing a piece of prose for your English exam. You are writing a sales letter. Your style should be CONVERSATIONAL and EASY TO READ. Use SHORT sentences and SHORT paragraphs with SPACE between each paragraph. This breaks your text into small bite sized pieces which are easier to digest.
Whilst you don’t need perfect grammar (because you are using a conversational style), you DO need perfect spelling. Poor spelling is VERY unprofessional. Compose your listing in a word processing software program such as Microsoft Word with the spellchecker on and correct any errors. If spelling isn’t your strongpoint, get someone else to proof-read your eBay listing.
Write everything in a logical order such as headline, description, guarantee, shipping terms, payment terms. Break up the text with sub-headings such as Guarantee, Shipping Terms, Payment Terms, etc so that it is easy to follow.
You can use brand awareness to enhance your credibility on eBay. If all your eBay listings look the same, people who haven’t bought from you yet will soon become familiar with your listings. They may eventually buy from you instead of a competitor because this familiarity breeds confidence.
Consider having a logo made and used in all your listings to make you look more professional, differentiate you from your competitors and help build brand awareness.
Most salespeople dress conservatively, i.e. a business suit and sensible shoes. They don’t dress to “express themselves” and stand out. This would distract from their sales message. They just want to look professional so that customers will have confidence in them. Your logo and your listing design should do the same.
You can make your listings completely bespoke and unique by using HTML (which stands for Hyper Text Markup Language and is the code used to design webpages) even if you don’t know how to use HTML! You can use “What You See Is What You Get” (”WYSIWYG”) software such as Frontpage or Dreamweaver.
The way this software works is you design your webpage in a similar way that you would write a Word document, without using any HTML code. The program automatically converts your design into HTML for you. You then copy and paste the HTML code into eBay’s Sell Your Item or Turbo Lister templates. You can download a FREE WYSIWYG software program called NVu.
Martyn Boaden is the Founder of The Online Auction Resource Centre where you will find more information and all the resources you’ll ever need to set up and run your successful and profitable eBay business. And for a limited time only you can get instant access to his popular eBay Business Box (worth $164 + $17 pm) for FREE by clicking this link: http://www.TheOnlineAuctionResourceCentre.comThe Advantages of Using PayPal As Your Shopping Cart
03 2010 Monday
8
By Kathy Dobson in Ecommerce
Any e-commerce application needs a good shopping cart to handle any purchases and payments for subscriptions. Of course you want the best shopping cart you can get for your blogs or websites, but there are so many options online, all promising you the world, that it can get confusing. Still wondering what a shopping cart is on website?
There are several points to consider, but the simplest description that all of us will recognize is the shopping cart in grocery stores. While that one has squeaky wheels and gets pushed up and down the aisle, the shopping cart on your website is a set of scripts that track what your customers buy so they can pay for the entire selection with one click.
All the shopping cart does is keep track of any items you have placed in it for purchase. Without a shopping cart your customers would have to pay individually for everything they want to buy. After your customers press the “Buy” button on your site, their transaction is transferred to a payment processor to collect the money owed, send it where it belongs and enables the download if required.
It’s not quite that simple, but it is a quick explanation of what happens behind the “Buy” button. There are several processes that are sending and receiving the request for payment on a mouse click that ends with the download instructions for your customer. It gets confusing when you start searching for a shopping cart for your own sites. A simple search will probably send you several hundred choices, all claiming to be the premier shopping cart for your needs.
An excellent choice would be PayPal’s shopping cart. For several reasons, using PayPal’s shopping cart will streamline your customer’s payment processes by letting you accept credit and debit cards and direct bank account payments. Some benefits for your customers include purchasing more than one item at a time and paying for them with a single click of the “Buy” button. It’s good customer service. You don’t want to irritate customers ready to spend money with you.
Other PayPal benefits for your customer include the ability to browse your entire collection of products and check out a list of what they bought before they click on your “Buy” button, which gives them the opportunity to modify the list. Ease of installation which does not require knowledge of CGI scripting is one big advantage of PayPal’s shopping cart. Opening an account is free of up-front costs and you are charged the same fees charged when you get other PayPal payments.
To find the fee schedule, check out the bottom of any page, even the log in page, for a link to “Pricing” or “Fees.” Some of the technical benefits of using PayPal’s shopping cart include being able to set shipping rates, if necessary, and tax rates. You can let your customers make donations to charities of their choice. You can easily convert your “Buy Now” buttons into “Add To Cart” buttons to make multiple purchases seamless to your customer.
Their free 410-page PDF, “Website Payments Standard Integration Guide,” has all the in-depth information you might need about using “Buy Now” buttons included. You can find a comprehensive list of services on PayPal when you click the tab, “Merchant Services.” If you click on the tab, “Products and Services,” you will find a link to the ebook. For your business records, PayPal will keep detailed transaction records on their website for your use when you need them.
You will also find details needed to integrate PayPal with your site, including how to pre-populate your customer’s sign-up forms. It might be a good idea to download their free PDF User Agreement for your records. You can find a link to the document at the bottom of almost every page on the service. Look for “Legal Agreements” and click that link. PayPal is easy to use with whatever application you need. It has been time tested for a longtime as eBay’s payment processor.
Besides being highly recognizable as something that a lot of people use already and have a comfort zone with, another undocumented benefit of using PayPal’s shopping cart is your own peace of mind in knowing that your business income is in good hands.
Kathy Dobson is a free spirited business owner and entrepreneur dedicated to helping others achieve financial and personal freedom through Internet marketing with an emphasis on membership sites.Ecommerce Websites: 3 Tips To Avoid Liability For Actions of Your Online Resellers
03 2010 Tuesday
2
By Chip Cooper in Ecommerce
Recent case law confirms once again: if online agreements are presented properly to end-users, they’re legally enforceable.
This continuing trend is good news for websites that contract with registered users though SaaS Agreements, Membership Agreements, Subscription Agreements, Terms of Sale, Content License Agreements, and the like.
Why? Among other things, this means that important legal disclaimers and limitations of liability are legally enforceable.
But what about liability exposure arising out of customer contracts entered into by your resellers? Are you liable for actions of your resellers?
The Direct Revenue Case
In the case of People v. Direct Revenue, the New York Attorney General in 2008 attempted to nail Direct Revenue for its distribution of software that served pop-up advertising software on consumers’ computers.
Direct Revenue is in the advertising business. It’s software client serves pop-up advertisements to consumer’s computer screens through the Internet. Direct Revenue does not charge fees to consumers. Instead, it charges fees to the companies whose products it advertises.
It’s interesting to note that one line of attack by the New York Attorney General focused on Direct Revenue’s “click-wrapped” (where the user clicks on “I ACCEPT”) end user license agreement (EULA) and Direct Revenue’s alleged deceptive and illegal practices. The court granted Direct Revenue’s motion to dismiss the claims noting that sufficient disclosure was given in the EULA, and the required elements for an enforceable agreement were followed.
Having failed with its first line of attack, New York’s additional line of attack focused on the customer agreements of Direct Revenue’s resellers in an attempt to hold Direct Revenue liable. The result was the same as with the EULA — Direct Revenue was held not liable.
New York conceded that Direct Revenue’s resellers were independent contractors rather than agents. Generally, a principal is not liable for acts of an independent contractor due to the lack of control over how the contractor’s work is performed. In addition, the court noted that Direct Revenue’s software distribution agreement required its distributors to obtain consent of consumers consistent with the EULA and prohibited distributors from holding themselves out as agents of Direct Revenue.
New York argued that Direct Revenue should be liable because it’s servers interacted with the consumers’ computers in the software installation process. The court pointed out that participation in installation was not enough for liability in the absence of participation in deceptive conduct that induced the installation.
Finally, New York argued that Direct Revenue should be held liable for the actions of its resellers on the ground that Direct Revenue ratified the conduct of its resellers. The court ruled that mere knowledge of consumer complaints was insufficient to impose liability on Direct Revenue, especially in light of the fact that when Direct Revenue had actual knowledge of a reseller misconduct, it took steps to remedy the problem.
3 Tips To Avoid Liability For Actions of Resellers
Potential liability for acts of online resellers is a major concern of ecommerce businesses which use reseller networks.
The Direct Revenue case teaches us that ecommerce sites may not be held liable for actions of their resellers if these 3 tips are followed:
- if you transfer anything to a user’s computer, require your resellers to obtain consent of end-users consistent with your EULA – this means consent in clear and easy-to-understand (not deceptive) terms,
- prohibit your resellers from holding themselves out as your agents, and
- if a reseller does engage in misconduct, take affirmative steps to deal with the situation, including termination, if warranted (particularly if the reseller’s actions tend to indicate an agency relationship).
These 3 tips won’t guarantee that you have no exposure, but they’ll go a long way to protecting you from liability for actions of your resellers.
Chip Cooper is a leading intellectual property, software, and Internet attorney who’s advised software and online businesses nationwide for 25+ years. Visit Chip’s http://www.digicontracts.com site and download his FREE newsletter and Special Reports: “Determine Which Legal Documents Your Website Really Needs”, “Draft Your Own Privacy Policy”, and “Write Your Own Website Marketing Copy — Legally”.How To Use As Many Photos As You Like In Your eBay Listing WITHOUT Paying Additional Listing Fees
01 2010 Wednesday
27
By Martyn Boaden in Ecommerce
If you’ve listed products on eBay without a photo and successfully sold them – don’t be fooled into thinking you don’t need a photo. You would almost certainly have got more bidders, and therefore probably a higher selling price, with a photo.
If your eBay listing doesn’t have a photo and your competitor does, you will lose out. If you don’t have a photo, potential buyers will be sceptical or suspicious. They will think that you either don’t really have the item for sale or you have got something to hide, i.e. it’s not in very good condition. Without a photo, your listing will not look professional which will damage your business image.
Your listing MUST have a good quality digital photo of your item. If you are selling new products, the manufacturer or your supplier may have photos that you can use. But you must check that you are allowed to use them. Otherwise you could be prosecuted, or at least have your listing removed. Also, if you use the manufacturer’s photo, all your competitors may be using the same photo, so your listing won’t stand out.
Often, when people are just selling stuff from around the house, they will use any old snapshot of the item and you can see all sorts of domestic mess in the background. This is not good enough if you want to run a successful and profitable business on eBay. A good photo will increase the perceived value of your item and attract higher bids. A poor photo will cheapen your item.
You should take photos in good light with a plain background behind the item so as not to distract from it. You can use a plain bed sheet for this. Pictures must be sharp and clear. Take lots of photos from different angles and use the best – the one(s) that make the product look most valuable.
If you don’t have a digital camera and can’t afford to buy one, see if you can borrow one. Alternatively you can probably get ordinary photos put on a disc at your local photo-processing shop. You can then upload them to your computer. Or you can scan them into your computer if you have a scanner.
Digital photo files can be quite large and so should be compressed for the internet so they don’t slow down the loading of your page. People online are impatient – they won’t wait around for your page to load.
You can also improve your photos, such as adjusting the brightness and contrast, or air-brushing out unwanted distractions in the background, by using photo editing software if you have it installed on your computer.
If you don’t have software on your computer to edit photos and compress them, use irfanview dot com (it’s FREE!). You can compress them so they load faster, crop them, lighten them, darken them, add text, etc.
At the time of writing this article, upgrading to a gallery photo – where the photo appears next to your listing title in the search results – is FREE on eBay UK. If it isn’t free when you are listing your item – PAY FOR IT! If other listings on the search results page aren’t using a gallery photo – yours will stand out. If they are – yours will get over-looked if you don’t have a gallery photo.
Remember that your customers are buying without having seen what they are buying. You need to provide them with as many photos as is necessary for them to know enough about your item and its condition to be able to make an informed decision as to whether they want to bid. If you don’t provide enough photos for them to be able to make up their mind, they probably will not bid.
If two listings are selling the same item, but one just has one small, slightly blurred, photo and the other has several large, clear photos taken from every angle including close-ups, who would you feel more comfortable buying from?
If you are selling brand new ipods, one photo will probably suffice because your customers will know what they are getting. But if your item needs 10 photos to show it off properly – you should use 10 photos. Seeing everything about your item gives people the confidence that they know exactly what they are bidding on.
Take close-up photos of any defects. Then winners of your auction can’t justifiably complain that the item was not as described and return it or give you negative feedback.
If you use eBay’s photo uploader, each additional photo increases your listing fee. But you can add unlimited photos for FREE if your photos are hosted somewhere else on the internet. Your Internet Service Provider may provide you with some webspace packaged together with your email and internet access account.
You can design your listing as a webpage hosted on the internet with as many photos as you like, displayed how and where you like on the page, then copy and paste the HTML code into eBay’s List Your Item form. You need to ensure that the HTML code has the correct path to where your photos are hosted on the internet otherwise they won’t show up in your listing on eBay.
If you don’t have your own website on which you can host your photos, you can host them with Tupics dot com or Vendio dot com for a few dollars per month. Vendio also offers additional cool tools so you can add watermarks to your photos (so other people can’t use your photos) and have a zoom function added.
Alternatively, you can add multiple photos to your listing for FREE and have them displayed as a slide show on your listing, by using Slide dot com. You upload your photos to slide, design your slideshow, then copy and paste the HTML code that they give you into your listing.
Another alternative is to upload your photos to Facebook dot com. Although the photos won’t appear in your listing you can say: “To see more photos of this item, click the following link:” and then copy and paste in your listing the link to your photos that Facebook provide.
Martyn Boaden is the Founder of The Online Auction Resource Centre where you will find more information and all the resources you will ever need to set up and run your successful and profitable eBay business. And for a limited time only you can get instant access to his popular eBay Business Box (worth $164 + $17 pm) for FREE by clicking this link: http://www.TheOnlineAuctionResourceCentre.comHow to Sell Things on eBay – Writing Descriptions that will Pack a Punch
10 2009 Wednesday
28
By Amanda OBrien in Ecommerce
If you’ve spent any great length of time studying auctions on eBay you may have noticed discrepancies between identical items selling at wildly different prices. There are many potential reasons for this such as ending an auction at a bad time, a title that doesn’t really describe the item in question or an unrealistic starting bid dissuading people from getting into the auction spirit. All of these traits demonstrate a person that doesn’t know how to sell things on eBay. However, these traits can easily be mastered with practice and with research, making your auctions the ones that sell for more than your rivals.
One particular way in which to improve your auctions to make your items sell for a higher price is to spend a considerable amount of time on perfecting your item descriptions. The description of an item up for auction on eBay tells a potential buyer everything that they need to know about said item.
They expect to find all of the details including the condition of the item, any faults or failings with it and an accurate and comprehensively detailed description of it.
You aren’t alone when you are selling items on eBay. Even with a niche market there are likely to be other sellers competing for your customers, therefore you need to create item descriptions that are going to stand out from the crowd. Let’s consider a few handy tips that could help to promote your descriptions to the top of the class to aid you in mastering how to sell things on eBay.
- Avoid overly garish colours. Although you want your description to be eye-catching, too many overly bright colours could actually put a buyer off your auction instead of the opposite effect. Instead concentrate on using bold, italics and underline to help to bring attention to relevant sections of your description.
- Be detailed in your description. Include as much information as you can get your hands on with regard to the produce that you are selling. Not only will this provide your consumers with all that they need to know but it will also label you as an authority on the type of item that you are selling. Once your buyers have established that you know what you are talking about they are far more likely to come back to you.
- Check for spelling and grammatical errors. Don’t ever submit a listing to eBay without having proofread it. Ideally write your description in a word processor first to catch any spelling errors.
- Be persuasive but not over-salesy. In your description you don’t need to convince viewers that their life will end if they don’t purchase your product. Instead you need to appeal to the need that the item will fill, subtley persuading them that this purchase will make their life easier, better or more entertaining depending on the item.
Mastering item descriptions is one of the key elements to learninhow to sell things ebay,ebay selling,sell on ebay,sell stuff on ebay,powersellers secrets,make money on ebayg how to sell things on eBay. Remember that practice makes perfect, in no time at all you will be able to increase your sales through excellent descriptions.
Amanda O’Brien is a successful eBay Powerseller and author of ‘The 2,500 Per Week eBay Powersellers Secrets’ home study course. Want to learn more about starting an eBay business or simply want to improve your eBay sales? Claim your free eBay Selling Secrets Report at http://www.powersellerpod.co.ukSell on eBay – How To Write Profitable Listings
07 2009 Wednesday
1
By Amanda OBrien in Ecommerce
It is a simple fact that if you sell on eBay and receive only minimal views on your listings then the lower the bidding or amount of sales will be. It does not matter how detailed and professional your listings look, viewings are the key. And the key to increasing the number of viewings is research!
In order to research, you must first take a look at what other sellers, especially Powersellers of the same items, are doing. What keywords do they use? Which categories are they listing in? Do their listings trigger an emotional need so that the reader simply has to buy now? How many photographs do they have and what quality are these? Take a good hard look at how they sell on eBay to get ideas for your own listings.
When a potential buyer reads your listings, they are looking for good value. So, you must add value to your products. Adding value does not always mean giving something extra free or doing something to the actual product! You just need to achieve a perceived added value which will catch the reader’s attention when they look at your description. So added value could be something as simple as offering a no quibble 30 day money back guarantee. If your competitors who sell on eBay are not offering this then you have added value to your product. The same goes for your listing description – photographs add value, as do the benefits of the product.
Make sure that you write your description well and always include photographs – people like to see exactly what they are buying! It is important to remember when you to write your description in a friendly, informative manner, as though you are talking personally to the reader as this will encourage them to continue reading and arouse their interest.
If your product has lots of features and especially benefits, then make sure you include them in your listing. Do not drone on and on, but be clear and concise and tell the potential buyer exactly why they must buy your item right now.
To sell on eBay effectively, you need to invest some time into creating that added value as ultimately your listings will attract more views and sales. Bearing this in mind, there is nothing more off putting to a potential buyer than seeing a confusing listing before them! Not everyone is a technical whiz so where possible use simple layman’s terms in your description. Show all your Payment, Shipping and Dispatch Times so that they can be easily seen and understood so that buyers can work out total costs and approximate delivery dates at a glance.
If people feel at ease with your auction listing, then they are much more likely to bid or buy. So it is important when you sell on eBay that you are completely honest. If there happens to be a fault with a product, tell buyers what it is as this will show that you are not trying to mislead anyone. Really, the simple rule is to think about what you would like to know about the item if you were buying it, and then add all these thoughts to your description. Don’t miss bits out because if all the information is there in front of the potential bidder or buyer then they are more likely to bid or buy right now.
As your views and sales grow, you must encourage your bidders and buyers to look at your other listings because a big part of your eBay sales strategy is to get bidders to purchase more items from you. So, if you are selling a supplementary or complimentary item let your buyers know and highlight the fact that you offer combined postage if they purchase both items!
When you sell on eBay, your listings should be regarded as an opportunity to establish relationships with buyers. You then need to look after these buyers so that they come back to you time and again. Never think in one-off transactions, even if they do end up as a one-off, because your ebay income depends on customers to guarantee you success!
Amanda O’Brien is a successful eBay Powerseller and author of The 2,500 Per Week eBay Powerseller Secrets. Want to learn more about starting an eBay business or simply want to improve your eBay sales? Claim your free report and free sample chapter from The 2,500 Per Week eBay Powersellers Secrets at Profit With eBay Check out Amanda’s Blog at any time for tips, techniques and eBay updates.5 Factors That Influence Buying Decisions Online
06 2009 Tuesday
9
By Allen Taylor in Ecommerce
People who purchase products online aren’t much different than people who purchase off line. They may be a little more cautious with how they spend their money, due to security and privacy reasons, but for the most part they care about the same things, foremost among them being value. The following five factors that influence buying decisions are important considerations if you expect to close the sale on your website.
Factors That Influence Buying Decisions
Online consumers today are more sophisticated than they were ten years ago, or even five years ago. They’re not afraid to make a purchase online, but they will go out of their way to make sure they get value and are very concerned about privacy and security. If you expect to close the sale on your website then you need to consider the following five factors BEFORE you ever ask for the sale:
- Security
- Privacy
- Value
- Approach
- Emotion
Customers Buy From Secure Websites
Online consumers are very concerned about security. They’re also educated. They have read up on cyber security and you should too. If you cannot convince your site visitors that your site is completely secure and that their financial information will be handled with care, they will go leave your site and go somewhere else. Security is one of the most important concerns for online consumers, especially today.
The Growing Concern Over Privacy
In addition to security, online consumers are concerned about privacy. They will guard their e-mail addresses and other personal information with great care. If you want to build trust for your brand then you should start with assurances. Make sure that you put your website visitors’ minds at ease with constant reassurances that their private information will not be sold or shared with third parties.
Regard for privacy online has been growing for the past couple of years. Some European countries have sued Google over privacy issues and Yahoo! announced last December that it will not store search information on searchers beyond 90 days. Privacy is important to online consumers. Having a well thought out and clear privacy policy on your website will go a long way to building trust and confidence in your business.
What Do You Offer Of Value?
Many consumers would still rather drive to pick up an item for purchase instead of making that purchase online for less money. In order to convince online consumers that purchasing your product online is safer and better for them, you’ve got to go out of your way to establish value in their minds.
Even then, providing a local retail outlet where consumers can order online and pick up their items later is a viable business model and could be the way to go for many online retailers. Still, value is in the forefront of consumers’ minds. In order to get them to purchase online you’ve got to ensure that you offer loads of value.
What Is Your Approach?
How you approach online consumers determines to a great degree how you build trust. I still see veteran Internet marketers make the mistake of talking down to their customers or making basic assumptions about behavior to that lead to dismissal or rune behavior. Just because a person has not made a purchase in the past does not mean that she won’t make a purchase in the future. But how you treat a consumer with your content may determine whether they do business with you at all – now or next year. Check your approach and ensure that you meet the emotional needs of your readers before you ask for the sale.
What About Emotion?
People buy for emotional reasons and defend their purchases logically. If you want to close the sale online then you’ve got to make the most basic emotional appeals and meet a real need in the minds of your readers. You have to connect with them on a gut level. Sometimes that takes more than one touch point. Pre-sales is just as important as closing the sale and savvy Internet marketers are learning how to set the stage for the sale down the road by spending a large amount of their time on pre-sales communication that builds trust and confidence.
Conclusion
Different people buy for different reasons, but at the heart of every consumer action is emotion. If people trust you they will buy from you. If you fail to earn their trust then it doesn’t matter how well you do everything else. These five factors all contribute to whether or not a consumer trusts you enough to exchange their hard-earned money for your product or service.
Allen Taylor is CEO/Operations Manager of Blog Content Provider and writes Taylor’s Internet Marketing Blog. He has managed more than 100 commercial blogs with his team of ghostwriters since 2006.Learning How to Make Money Online
05 2009 Thursday
28
By Peter Nisbet in Ecommerce
When you begin learning how to make money online you must first have goal. Without a clear goal in mind you will find it difficult to set targets, and without targets you will find it more difficult to make money. That is why all businesses have a gaol and set regular targets that are the subject of business plans.
It has often been said that a failure to plan is a plan to failure, and nothing could be truer. As a simple goal, decide how much money you want to make in your first year. You could be silly and decide on a million dollars, but you are unlikely to achieve that, so be realistic: say $75,000 in your first year.
You can then break that down into monthly amounts, starting small and increasing each month, which will give you the basis of your targets. You should then plan how to meet these monthly targets. That is a good sound basis of a strong business.
However, you now have the problem of how you are going to make that money. There is a large number of ways in which you can make money online, some of the most popular being|:
1. Creating your own product or service.
Perhaps you have a skill or specialized knowledge that others will pay for. You might be a children’s entertainer or a hypnotherapist. Perhaps you can write en eBook about breeding dogs, or make a video series on maintaining your own car.
I know of one person that made a fortune by making series of short videos of how to carry out simple household maintenance tasks, such as changing an electrical plug, changing a tap or faucet washer, and even putting in a new sink and laying a carpet. A simple idea, yet something that had a massive customer base. Think of all those women living alone, or even guys that don’t know why a screwdriver has a flat end.
Think of what you are good at, or what you have knowledge of, and work out a way of packaging that knowledge or these skills in a way that would sell. I am a good writer, and make money online writing articles to help others to promote their websites.
2. Sell somebody else’s product
If you are unable to produce a product of your own, then sell somebody else’s. Everybody trying to learn how to make money online has heard of affiliate marketing, even if they don’t recognise the word. Affiliate marketing is selling a product for somebody else in return for a commission.
If that product can be delivered electronically – by email or downloaded – then that commission could be 50% or higher, since there is no replacement cost. Unlike a tub of vitamins, an eBook or software application doesn’t have to be produced again once it has been sold, so the vast majority of the selling price is profit. You can therefore be paid more for selling it. 50% is about minimum for such items, and some go as high as 75% or even 80%.
3. Others
Among other ways of making money online are multi-level marketing (MLM), where you recruit others to sell products for you, you receiving a commission on their sales, buying on eBay, and selling the same items for more than you paid for them, buying items in bulk when they are in high supply, and selling at a high price when they are scarce (e.g. certain toys at Christmas time), and many others.
Each of these ways of making money online has one thing in common: you have to learn how to go about it and how to promote whatever it is that you are doing. Even your eBay business has to be promoted by means of your ‘product description’.
Most businesses need a web presence, either as a traditional website or some other presence on the web such as a Squidoo lens or participation in social networking. They might also need software, and knowledge of how to use it, and knowledge of how to attract traffic – potential customers. Without customers, your business will fail.
This is where most people begin to fail. In fact 99 people out of every 100 that try to earn a living online fail. They fail for one of 4 reasons:
1. Lack of Planning
They did not have a clear objective in mind and did not plan properly. The started their business on shaky ground and looked on it as a hobby. They fell into one of the main traps of working at home: worked part-time, and took time off whenever they felt like it rather than set out the daily tasks needed to meet their targets and work until they were completed.
2. Lack of focus: Information Overload
They did not focus, and jumped from one program to another. They had too much information, and were unable to give any one method of making money online the time to work for them. They tried too much at one time and so failed in everything.
3. Lack of Perseverance
They gave up to soon. It takes time to build up a successful online business. Except for a very fortunate few, there is no ‘get rich quick scheme’. Making money online is hard work, and those that persevere tend to succeed. Most don’t!
4. Lack of Knowledge
This is the least reason for failure. There is no need for lack of knowledge in the internet age – everything you need to know is out there, yet many people try to do it themselves without getting the information they need. Learn from the work of others: do not reinvent the wheel. Trite, I know, but true nevertheless.
Use whatever training courses are available out there. It could be expensive, I know, but there are ways to learn all you need to know without spending a lot of money.
It is important that you do not fail for any one of the above reasons because they are all avoidable. It is a shame that so many dreams are shattered for a lack of planning, focus, commitment and perseverance, and a lack of knowledge. All are avoidable.
Peter Nisbet – You can get all the knowledge you need to start making money online through Peter’s membership site. Check it out here – Marketing Membership - Don’t fail through a lack of knowledge or of the tools to succeed.My 7 Secrets Will Teach You How To Sell On eBay For Maximum Profits
05 2009 Monday
18
By Amanda OBrien in Ecommerce
If you are looking to make money online to either supplement your current income or as a full time income, learning how to sell on eBay UK is by far the best place to start. This way, one of the hardest parts of running a successful online business has already been done for you. This is marketing. Driving potential customers to your products and making sales. Once you list your products ready to sell on eBay, you have the potential to attract millions of buyers from all over the world, not just from the UK. Worldwide, people spend more time on eBay than any other website!
Where else can you start an online business in just a few hours that allows you to attract immediate traffic to your products? Learn how to sell on eBay and you will find that this is a fantastic opportunity to make as much or as little money as you want. Whoever you are, you can learn how to sell on eBay and make money.
Here are 7 ‘How To Sell On eBay’ tips to help you:
How To Sell On eBay 1:
Your eBay listings must have a relevant title. This is extremely important when learning how to sell on eBay because if your title is not relevant and does not contain the right keywords relating to your product, then eBay buyers searching will not be able to find it. Include all the related keywords you can think of and don’t use up your limited title space with words that are not required.
How To Sell On eBay 2:
Write a detailed description. Make sure that your eBay listing includes all the important details about your product. This might include the size, colour, brand, model number, whether new or used, any special features etc. Highlight the good things about the product but don’t forget to mention if there are any flaws or faults with the item too, but make these less obvious. Learning how to sell on eBay includes being honest in your eBay listing description.
How To Sell On eBay 3:
Spell-check your listing. eBay buyers are put off by listings littered with spelling errors and it looks very unprofessional. When you are learning how to sell on eBay, thoroughly check before you submit your eBay listing and make sure that important points are bold.
How To Sell On eBay 4:
Use good quality photographs. People like to see before they buy. Use a good digital camera and take 2 or 3 photographs from different angles to use as your gallery picture and within your eBay listing. This will attract more bidders and buyers and will help you get more experience as you learn how to sell on eBay.
How To Sell On eBay 5:
Always answer questions from potential bidders. You will receive questions and queries from potential buyers. And you must remember that this is exactly what they are – POTENTIAL BUYERS. Always try and answer any questions that come through eBay messages, within 24 hours, sooner if you can, even if you feel that it’s a silly question. If you frequently receive the same question then post it to your eBay listing so that everyone can see it.
How To Sell On eBay 6:
Be polite and friendly. eBay buyers like friendliness and professionalism from eBay sellers. So, it’s best to be polite and enthusiastic when corresponding, but not too casual. Don’t use ‘text speak’ in your emails as this is very unprofessional, but show a good sense of humour, honesty and politeness.
How To Sell On eBay 7:
Dispatch goods promptly. eBay buyers do not like to be kept waiting! So, make it your business to dispatch all orders promptly, preferably within a couple of days maximum. This is good service and will ensure that you get positive feedback whilst you are still learning how to sell on eBay!
Amanda O’Brien – Subscribe to Amanda’s Blog at any time for regularly updated eBay tips, techniques and secrets.Internet Shopping Cart: Make More Money With Reports and Bundles
04 2009 Thursday
30
By Michael A Jones in Ecommerce
Most internet shopping cart software packages come with a host of features. Make sure you familiarize yourself with the potential of your shopping cart. This article examines how to use reports and bundle offers so you don’t run the risk of leaving money on the table with each customer who engages the shopping cart process.
First off, let’s see how internet shopping cart reports can save you money and make you money.
Here are three examples:
Filter Sales By Customer
If your shopping cart software allows you to filter the database according to client, you will be able to see where most of your sales are coming from.
You need to extract from the report the volume of sales for each client so you can target this group of customers with special discounts for bulk orders or something similiar.
Filter Sales By Date
Use this feature to see if there are specific times in the year when sales volume dramatically increases. You may have a general idea and know which month(s) are the peak sales months.
However, by using a Sales By Date feature you can pinpoint specific times in the year you may not be aware of where sales volume is higher than normal, especially if those times are spread over just one or two weeks. Increase advertising dollars and promotions accordingly at those times and bring in even more sales.
Filter Sales By Credit Card
Do you know which credit cards most of your customers are using? Probably Visa or Mastercard. What about other credit cards such as Discover, American Express, Diner’s Club, Delta? What are your merchant account charges for those other cards?
By checking on Sales By Credit Card you will see whether it is economically viable to continue offering those cards as an option relative to the number of sales you get. If it’s not, drop the uneconomical ones and save money.
Surely this underscores the importance of getting internet shopping cart software that provides a robust reporting feature.
Now we will turn our attention to another way you can increase sales and make more money from your internet shopping cart. It involves bundle offers.
An internet shopping cart setup can learn much from the bricks and mortar world. The Happy Meal by McDonalds is an example. Travel agents do it with their package deals. What are we talking about?
Bundle offers or the upsell – an amazingly simple way to increase sales value and revenue yet so under-developed in many internet shopping carts.
Once a customer has already committed themselves to buying you simply add on related items and increase the value.
If for example you are selling exercise equipment, exercise clothing, or body care products could be put together with the original purchase at a discount price to make a Bundle Offer.
Good internet shopping cart software packages should have this feature included with simple setup instructions. Once the client gets to the page that reviews the contents of the shopping cart, the Bundle Offer can appear. The client can then add the bonus items with just one mouse click.
Push Without Being Pushy
Carefully choose the wording when describing the Bundle Offer to avoid coming over too pushy which may turn clients off. Don’t just make a slashed price offer. Be sure to emphasise the benefits to the user as well.
For example, “Enjoy a refreshing, invigorating shower after your workout with our exercise equipment, with the all natural, herbal shower gel (brand name). For an additional $x you can have a pack of 5 sent with your order.”
When choosing an internet shopping cart, make sure you have this facility so you don’t leave money on the table.
The beauty of this is that bundle offers don’t really require much extra effort yet they can produce substantial sales over the months. The customer is already in the buy mode, having committed to the first purchase. The second purchase is much easier!
See an actual demonstration of an online shopping cart optimized for good sales by visiting Michael’s site here: http://www.net-vault.com/online-shopping-cart
SiteProNews: Webmaster News & Resources » Ecommerce
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