The Secrets of 1p Ebay Auctions
I'll start with the basics...
Everyone wants to buy an ebook for 1p with free shipping so that they can build
up their feedback score and not spend any money doing it. Sellers on the other
hand lose money when they list and sell an ebook for .01 with free shipping but
they do gain the feedback they need.
Here are a few tricks that the expert sellers use to minimize the costs
associated with selling a .01 free shipping ebook.
1. If you are selling a buy it now item for .01 eBay will not let you list a quantity
of more than one item. You have to have a minimum of .99p to use buy it now
with a quantity of more than one. This is a problem because every item you list
costs a minimum of 15p to list. You could list 100 buy it now items at one cent
each, but after they are all sold you owe ebay £15.00. Are 100 feedback points
worth £15.00? Not to mention the time it takes to list 100 auctions?
There is a way around this....
2. If you list an item in your eBay store you can have multiple quantities of a .01
buy it now item! And you are only charged a one time 5p listing fee, (you could
have a quantity of 1000) you are charged less than 5p per every item that sells.
So if you sell 100 of these items you will have 100 feedback and you will owe
eBay a maximum of £5. I’m sure you’ll agree that £5 is a lot better than £15,
especially when you start thinking about doubling or tripling that amount. PLUS
think of the exposure you’ll get for your other auctions!!
There is a downfall to this...
3. If you list the item in your eBay store - the item is not shown in search results
and therefore hardly anyone will see your .01 listing unless they can somehow
find there way to your eBay store....
But, good news - there is a way around this also!
4. I am about to reveal a secret that only I and a handful of other sellers know
about right now. There is a way to have your buy it now 1p item on the regular
search results with multiple quantities that will be purchased from your eBay
store. Let me explain...
Let's say you list this ebook "The secrets of the 1p free shipping ebook" <-- it's a
great title because it has the exact keywords that someone will use to find such
an item. You found it!
So you list "The secrets of the 1p free shipping ebook" in your ebay store for 1p
with a quantity of 1000. How is anyone going to find your ebook?
Simply list it as a regular buy it now for 1p with free shipping and it will appear in
the search results. Oh? you can only list a quantity of one in a regular buy it
now?
Hmmm...
Okay, I'll end the suspense here it is in a nutshell...
If you list an item as a buy it now for 1p you can only list a quantity of one. And
once someone buys it than the item disappears from the search results. But, if
you list an item for 1p in your ebay store than you can have any number of
quantity. So you make an ad with a regular buy it now auction with a quantity of
1 for 1p then you make that listing for pre-approved buyers only. Here is the
trick - you include a link from your regular buy it now auction saying "click here
to be instantly approved and buy it now from my ebay store" - link that to the 1p
item that is in your ebay store with a multiple quantity. Your listing will stay listed
for the full 7 days instead of disappearing once there is a sale.
To set an auction to pre-approved bidders only. First create the auction and list it
on ebay, then take the auction number and enter it here:
http://offer.ebay.co.uk/ws/eBayISAPI.dll?PreApproveBidders
SIMPLE!!!
Shhh! Don't tell anyone!
Okay now you know how to sell a ton of .01 free shipping ebooks.
But you’re still not making any money.
It will cost you a small amount each time someone buys an ebook, so why not
resell this ebook or choose from a wide range of others at:
http://stores.ebay.co.uk/informationbay
One last tip: Some sellers change the prices on their “shop listed” auction to a
slightly higher value. As long as you keep the amount under 99p, most buyers
won’t mind paying a little bit extra.
Personally I feel this is a bit dishonest, so as you’re aware now, I keep it the
same.
Everyone wants to buy an ebook for 1p with free shipping so that they can build
up their feedback score and not spend any money doing it. Sellers on the other
hand lose money when they list and sell an ebook for .01 with free shipping but
they do gain the feedback they need.
Here are a few tricks that the expert sellers use to minimize the costs
associated with selling a .01 free shipping ebook.
1. If you are selling a buy it now item for .01 eBay will not let you list a quantity
of more than one item. You have to have a minimum of .99p to use buy it now
with a quantity of more than one. This is a problem because every item you list
costs a minimum of 15p to list. You could list 100 buy it now items at one cent
each, but after they are all sold you owe ebay £15.00. Are 100 feedback points
worth £15.00? Not to mention the time it takes to list 100 auctions?
There is a way around this....
2. If you list an item in your eBay store you can have multiple quantities of a .01
buy it now item! And you are only charged a one time 5p listing fee, (you could
have a quantity of 1000) you are charged less than 5p per every item that sells.
So if you sell 100 of these items you will have 100 feedback and you will owe
eBay a maximum of £5. I’m sure you’ll agree that £5 is a lot better than £15,
especially when you start thinking about doubling or tripling that amount. PLUS
think of the exposure you’ll get for your other auctions!!
There is a downfall to this...
3. If you list the item in your eBay store - the item is not shown in search results
and therefore hardly anyone will see your .01 listing unless they can somehow
find there way to your eBay store....
But, good news - there is a way around this also!
4. I am about to reveal a secret that only I and a handful of other sellers know
about right now. There is a way to have your buy it now 1p item on the regular
search results with multiple quantities that will be purchased from your eBay
store. Let me explain...
Let's say you list this ebook "The secrets of the 1p free shipping ebook" <-- it's a
great title because it has the exact keywords that someone will use to find such
an item. You found it!
So you list "The secrets of the 1p free shipping ebook" in your ebay store for 1p
with a quantity of 1000. How is anyone going to find your ebook?
Simply list it as a regular buy it now for 1p with free shipping and it will appear in
the search results. Oh? you can only list a quantity of one in a regular buy it
now?
Hmmm...
Okay, I'll end the suspense here it is in a nutshell...
If you list an item as a buy it now for 1p you can only list a quantity of one. And
once someone buys it than the item disappears from the search results. But, if
you list an item for 1p in your ebay store than you can have any number of
quantity. So you make an ad with a regular buy it now auction with a quantity of
1 for 1p then you make that listing for pre-approved buyers only. Here is the
trick - you include a link from your regular buy it now auction saying "click here
to be instantly approved and buy it now from my ebay store" - link that to the 1p
item that is in your ebay store with a multiple quantity. Your listing will stay listed
for the full 7 days instead of disappearing once there is a sale.
To set an auction to pre-approved bidders only. First create the auction and list it
on ebay, then take the auction number and enter it here:
http://offer.ebay.co.uk/ws/eBayISAPI.dll?PreApproveBidders
SIMPLE!!!
Shhh! Don't tell anyone!
Okay now you know how to sell a ton of .01 free shipping ebooks.
But you’re still not making any money.
It will cost you a small amount each time someone buys an ebook, so why not
resell this ebook or choose from a wide range of others at:
http://stores.ebay.co.uk/informationbay
One last tip: Some sellers change the prices on their “shop listed” auction to a
slightly higher value. As long as you keep the amount under 99p, most buyers
won’t mind paying a little bit extra.
Personally I feel this is a bit dishonest, so as you’re aware now, I keep it the
same.
posted by paogeh at 12:31 AM
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