Saturday, November 11, 2006

21 Success Strategies of eBay Powersellers

21 Success Strategies of eBay Powersellers
David Espino
The online auction giant - eBay - has exploded on the Internet scene. Currently boasting over 29 Million members, eBay is one of the most visible and far-reaching Internet companies in existence, with a large segment of the population either using the service, or at the very least, aware of it. Among the eBay sellers, there is a designation given to approximately 4% of the people. These are eBay's "Powersellers", a group of sellers that is distinguished by the amount of volume they produce. The entry-level Powerseller, the Bronze level, does at least $2,000 a month in eBay sales, maintains a 99% positive feedback level and maintains their eBay account current. Higher award levels are granted at the $10,000 level, (Silver level) and at the $25,000 level. (Gold level)

What are some of the strategies and techniques that these Powersellers use?

As someone who achieved Powerseller status a little over a year ago and continues to study other Powersellers, I've compiled a listing of the 21 Success Strategies of eBay Powersellers.

Powersellers are serious -
Powersellers are focused -
Powersellers are organized -
Powersellers delegate -
Powersellers use assembly line techniques - E-Bay.com
Powersellers use Dutch auctions -
Powersellers do efficient work - .
Powersellers "Bulk List" their auctions -
Powersellers use clearly focused photos -
Powersellers use headlines with key words and no fluff -
Powersellers write thorough and detailed item descriptions -
Powersellers have their own websites -
Powersellers make it easy for bidders to pay -
Powersellers do not mind making money! -
Powersellers enjoy their work-at-home lifestyle -
Powersellers are willing to invest in their business -

If you go the scanner route, here are the steps you must take:

Buy film. (this takes driving time and money)
Shoot the photos.
Get the film developed. (this takes driving time, waiting time and money)
Inspect the photos for clarity and re-shoot, if necessary. (this takes additional time and additional money)
Scan the photos (additional time)
Crop and edit the images
Upload the images to your webhost
The same actions using a digital camera are much more efficient:

Shoot the photos. (film purchase not necessary)
Inspect the photos for clarity and immediately re-shoot. (no additional cost)
Crop and edit the images.
Upload the images to webhost.
The investment in a digital camera is one of the best ways to become a more efficient eBay seller! I paid a little over $700 for my digital camera about two years ago, it was the best time and money-savings investment I've made!
My Showcase
Powersellers stay up-to-date on auction trends and changes - Because Powersellers take their business seriously, they constantly keep themselves up to date on the latest industry trends and changes. They do this by buying books about online auctions, participating in eBay Message Boards / Forums, and staying tuned to the eBay Announcements Board. They don't want to be caught off guard with a new change or new policy that might affect their business. Triple Your Click-Through Rates, Quadruple Your Earnings Per .Click Here
David Espino is the Author of Beyond eBay and Life In The Dot Com Lane.
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