Selling items online is a great way to either get rid of unwanted items and make a bit of money or for earning a regular income. It is not easy to get yourself recognised online though. It is a crowded market with everyone fighting for space. Moolr took a look at what is involved, and listed some tips to sell online.
Check The Product Before Selling Online
There is no point in buying items which won’t sell online. If you are looking to sell to make a regular income, you need to choose your product carefully. It is a crowded market, and a global one, so find your niche.
If you have a product in mind, check the price you wish to sell it with existing sellers out there. To state the obvious, you need to make a profit. Factor in perhaps the occasional return or broken item. You do not need to concentrate on a single item. Try to mimic trends including seasonal items.
Know When to Sell Items Online
It is essential to know your audience, and this means being aware of when to sell your products. The weekends are generally a good time to sell, as more people are browsing online. They have more leisurely time on their hands to have a good look at the different products that they are interested in. Sunday is a particularly good time to sell online. If you are selling on an auction site and are doing a timed auction, it is crucial that you time the end of the auction correctly. You will not be successful ending auctions at 3am or early on a weekday morning.
Provide Full Information On Items
You do not have to have the cheapest product or even the longest history online. What you need is to entice customers and for them to trust you and know what they are getting. With this in mind, the best place to start is by ensuring that your product descriptions stand out. That begins with excellent, clear photos of what you sell. Add to this a full description both of the product and your duty of care. Buyers will invest in good customer service.
Begin Your Sales with Low Bids
If you sell on an open auction, this is a great way to entice people to your product. Namely, the chance of grabbing a bargain. Cover your back by having a reserve price, and often make extra money as a bidding war ensues. I have sold a used item for more than the RRP in this way. Always have in mind what the minimum price you are prepared to sell for though, and use this price as the reserve.
Trustworthy Selling
Honesty and good customer service is everything in a crowded market. This starts with the description of your item, People want to buy from a seller who has an excellent reputation and the way to do this is by being a top seller. Quick dispatch of items and speedy response to queries will see your reputation grow and shoot you up the search engine rankings. The better your reputation is and the feedback you receive, the more buyers you will attract and the easier it will be to sell your products.
