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How to Determine What’s Really Selling on eBay
How to Determine What’s Really Selling on eBay
If you want to make the most money you can on eBay, then you need to know what sells. But how can you find that out?
The Manual Way.
If you’re just starting out, you might find it easier to simply go to your category, tick ‘Completed listings’ in the left-hand menu, and then click the ‘Show items’ button. Sort them by highest price first, and there you have it: the items that sell for the highest prices. In most categories this will change often, but it’s still useful to know – if you think you can get an item quickly for less than the kind of prices it is selling for, then go for it.
eBay’s search interface can be slow and hard to use, however, and you’re unlikely to discover everything you could learn this way. There’s more than one way to do things, though.
The Statistical Way.
If you’d prefer to do a little hardcore statistical analysis to determine what’s selling and what not, then don’t worry – you can do that too.
eBay make all their market data available to third-party developers through what’s called a ‘programming interface’ – this basically means that you have a wide choice of programs that can take market statistics from eBay and analyse them for you. Type ‘ebay analysis’ into a search engine for a long list.
In my opinion, some of the best eBay statistics tools out there are made by Andale (www.andale.com). Andale are one of the oldest and most established sellers of services for eBay. However, their solution is web-based, and you may prefer to buy a piece of software that you can install on your computer, such as AuctionIntelligence.
These automated programs will almost do everything for you, and come with help and tutorials. You should be aware, however, that eBay charge them for the data, which means that they will never give you their programs for free.
Keep Your Finger on Pulse.
If you want a quick, big-picture snapshot of what people are looking to buy on eBay, then go to http://pulse.ebay.com. This is a page where eBay list the top 10 most searched for words, and the top 5 largest eBay stores.
Looking at it, it’s easy to spot current trends. For example, right now all of the top stores are selling media items, either books or music. That suggests that these are good things to be selling, at least if you want to shift volume. Right now the word ‘ipod’ is at number 4, and ‘ipod mini’ is at number 6 – there are a heck of a lot of people out there looking for a cheap iPod or iPod mini. If you could find a good supplier for them then you could make a lot of money.
If you’re having trouble finding suppliers, though, don’t worry: there’s more than one way to get hold of things to sell on eBay. The next email will give you a few tips.
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Familiar eBay Scams to be on the Lookout For
Familiar eBay Scams to be on the Lookout For
Are you looking to start buying on eBay? If you have never used eBay before, you may not necessarily know that it is relatively easy to fall victim to an eBay scam. While eBay is considered a safe place to shop online, there are a number of eBay scams that you should be on the lookout for. Knowing what these scams are, before you start shopping on eBay, will help to reduce or completely eliminate your chances of becoming a victim.
Before we start to examine some of the most familiar eBay scams that you should be on the lookout for, it is important to mention why those scams exist. eBay is considered an online market place or an online auction website. Just about anyone with an internet connection and an eBay account can start eBay sale auctions. This is what makes it possible for scammers to trap innocent shoppers like you. While eBay does work to combat these scams and eliminate the individuals behind them, there are some people who slip through the cracks. That is why you will always want to be on the lookout for eBay scams.
Speaking of familiar scams to be on the lookout for, one of the most common scams involves selling a product that the seller actually doesn’t have. This type of scam is sometimes difficult to spot, but there are signs that you should look for. When posting an eBay auction, an eBay seller should have pictures of the item or items that they are selling or at least accurate descriptions. With some items, such as books, CDs, or movies, eBay sellers are given the option of using a stock photo; one that is provided by eBay. All other items should have a genuine photo, taken by the seller. If not, you may want to refrain from making the purchase, as it may mean that the seller isn’t even in possession of the item or items that they are trying to sell you.
In addition to selling items that they don’t even have available, another familiar eBay scam involves lying about the items that they do have. For instance, there are some eBay sellers, although a small number of them, who claim that they have an item, like a car radio, which is in brand new condition, but it isn’t always. It is not uncommon for some eBay seller to outright lie or strength the truth a little bit. Unless you have a watchful eye, you may not find out until it is too late. That is why it is advised that you not only purchase items from eBay that are accompanied by pictures, but that you also examine those pictures. You will want to try and see if something really does look new or if it is in “like new,” condition.
Another familiar eBay scam that you will want to look for involves those who want your personal information. This type of scam is implemented in two different ways. First, there are a small number of sellers who tell you that they need your credit card information, but they shouldn’t. Whether you pay by PayPal, personal check, or money order, you shouldn’t give out any personal information to any eBay sellers, even if you are buying an item from them. If you are not using PayPal, just send a check or money order to the address given to you, nothing else needs to be done.
The second eBay scam that involves trying to get your personal information is phishing. Phishing scams are increasing in popularity, making it easier to fall victim to one. With phishing scams, a scammer sends out an email that looks like it is from eBay. The email is often accompanied with a message stating that something is wrong with your account and that you need to click on the attached link, sign in and fix it. This is a scam. What they are trying to do is get your eBay account information. Once that has been done, they may have access to stored personal account numbers, as well as the ability to use your eBay account to make fraudulent purchases.
The above mentioned eBay scams are just a few of the most common ones that you may run across. Although there are those on eBay who are trying to scam or take advantage of you, the chances of falling victim to a scam on eBay are actually quite low, as long as you proceed with caution.
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