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Sourcing Products To Sell

So one of the biggest questions I get asked is “How do I choose what to sell online”?

Sourcing products to sell online  whether it is to sell on eBay, Amazon or any other site (maybe your own site) can be quite daunting for anybody, especially when you have to invest your own hard earned cash. How on earth do you know if the product you have purchased (probably in bulk) will sell? The last thing you need is a spare room or garage packed with products you can’t get rid of.

The truth is, sourcing the products to sell is only half of the battle, you then have to look at your description, keywords, pictures of the product and a few other small but very important factors. Incidentally, I am currently working on a ebook  which will outline everything a beginner and even the more experienced sellers need to know to make a success out of selling online.

In the meantime let me tell you about a handy little tool available as an add on with the Firefox browser.

You probably figured it out already that you will have to download the firefox browser in order to use this add on.  So if you click here you can go ahead and download it. After the install, you can then view the options which will enable you to change to the relevant eBay site (default is eBay.com).

Once you are up and running you should see a letter e at the top of your browsers window, this is the button you will click on to get you valuable information from, including top selling products in various catagories on eBay. Have a play around with it and let us all know your thoughts in the comments box. The best bit about this is it is absolutely free.

So get sourcing your top selling products and I will carry on with my ebook, due out sometime early in the new year.

 

Is the eBay Customer Always Right?

Is the eBay Customer Always Right?

 

I can answer this question for you right now: the answer is ‘yes’. In fact, the answer is ‘YES!’ – The biggest yes you’ve ever heard. Of course the customer is always right. If you want to be a successful eBay seller, you should go miles out of your way to make sure every single one of your customers is 100% satisfied, however much time or money it might cost you.

 An unsatisfied customer will leave negative feedback, and negative feedback is to be avoided at all costs. That one piece of negative feedback will always cost you more than it would have to deal with the complaint, whatever the value of the items you sell. You should consider any positive feedback percentage under 100% to be an absolute disaster. I know I do. Some people I have come across simply say, “Don’t worry, your negative feedback will soon fall off the bottom of the screen”. Maybe it will, but your score will still say less than 100% and the area where it says feedback in the last month, last 6 months, last 12 months, well I think you get the idea. Don’t get me wrong, if you do get a negative and there is nothing you can do about it then just keep providing the first class service you normally do.

 But What If..

But nothing! There is no situation where you, as a seller, should get into any dispute with a buyer. Here are a few common situations and how to handle them.

They say the item never arrived: Politely ask your buyer to wait a few more days to see if it turns up, and then email you again if it still hasn’t arrived. Remind them that you always get proof of posting. If it still hasn’t arrived, you should assume it was lost in the post somehow and offer to send a replacement if you have one, or give them a full refund otherwise. No, I don’t care what that costs you. Are you serious about selling on eBay or not? If the person did receive the item and is simply trying it on, then it is nothing short of shoplifting I know, but send another item to them all the same.

The item has been damaged in the post: You must offer to replace it or take it back for a refund without hesitation.

They say the item doesn’t match the description: Resist the urge to email back with “yes it does, you just didn’t read the description properly”. Take the item back for a refund, and edit your description if you need to, to make any confusing points extra clear.

I’m sure you can see a pattern emerging by now. Offering a refund will make almost any problem go away, and it really will cost you less in the long run. Remember, one piece of negative feedback will stay with you forever, while having a 100% positive rating is like owning a bar of solid gold.

 You should always handle customers’ complaints before they complain to eBay – in fact, you should email them pre-emptively to ask if they have any. Going through the dispute process is time consuming, reflects badly on you and is absolutely unnecessary.

Are you convinced yet? Think this would only work with cheap items? Well, you see, the higher the price of the items you sell, the more your reputation is worth to you. Let’s say you were selling £7000 / $10,000 worth of items each week, for example, and making a £700 / $1,000 profit per week overall. You might think that refunding one customer’s £700 / $1,000 purchase would be a tragedy, losing you your whole week’s profit. It’s far better to look at it this way: if you don’t give that refund, then not only will you lose the next week’s profit, but you’ll probably lose a few weeks’ profit after that too. Now which option looks better?

I absolutely can’t emphasise enough the importance of really believing that the customer is always right. But trying to make excuses for complaints isn’t the only thing you need to avoid. There are a lot of pitfalls that you need to avoid if you don’t want to kill your business before it has even begun – and I’ll explain to you what they are as time goes on.

 

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