Auction eZine - Issue 1
________________________________________________ AuctionInsights Newsletter ________________________________________________ November 5, 2004 Edited by Doug Feiring http://www.AuctionInsights.info Hi, Today I am going to show you the fastest, easiest ways to increase your eBay Profits. ________________________________________________ TABLE OF CONTENTS o FEATURED ARTICLE... 1) Increase your eBay Profits the Easy Way o NEWS FROM AUCTION INSIGHTS... o FEATURED ARTICLE... 2) How Pop-Culture Collectibles Can Increase Your Online Auction Profits -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=- ------- ---1--- ------- Increase Your eBay Profits the Easy Way by: Doug Feiring Sometimes the simplest things can boost the number of visitors and bids to your auction listings. Robert G. Allen, author of Multiple Streams of Internet Income, writes, "If you are going to play online, then act like your life depended on it. Embed your web address and e-mail address in your off-line brochures, on your business cards, in every marketing message, and in every advertisement you place." This advice rings true for eBay auction sellers as well. You need to make it easy for web-surfers to find your current auction listings. The more visitors your auctions have, the more bids you will receive. Create a signature file and add a link to your auctions with every e-mail that you send. Most e-mail programs will allow the reader to click on any phase that begins with http://. Your signature should include a short marketing message that directs the reader to your current auction listings. Here's an example: STAR WARS COMIC SALE! All auctions open at 99 cents with NO RESERVE Click --> http://www.AuctionLink.to/saddleonline To create a signature file in Microsoft Outlook Express 6 simply: On the Tools menu, click Options, and then click the Signatures tab. To create a signature, click New and then either enter text in the Edit Signature box or click File, and then find the text or HTML file you'd like to use. Select the Add signatures to all outgoing messages check box. Additionally, you should consider promoting your auctions by including a link with every post you make on bulletin board discussions (such as Yahoo! Groups), news groups, and in the various classified ad listing services around the internet. According to Allen, these venues can often create the opportunity "to reach huge numbers of people, multiple times, over a long period of time." Make sure you include the web address to your auction listings on the thank-you note you include in the package sent to your winning bidders. A repeat customer is much easier to develop than a new customer. It's a waste of time and dinero to post an elaborate auction listing if you are the only one who knows that it exists. Don't overlook or underestimate these powerful grassroots marketing campaigns when you are looking to drum up bids on your online auctions. Use a free AuctionLink Gallery today to start increasing your eBay profits the easy way. http://www.AuctionLink.to -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=- ~~~~~~~~~~~~~~~~~~~~~~~~~~NEWS~~~~~~~~~~~~~~~~~~~~~~~~~~~ AuctionInsights has improved its free eBay templates. Try them today:
http://www.template-o-matic.com
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How Pop-Culture Collectibles Can Increase Your
Online Auction Profits
by: David Espino
With the increasingly competitive environment for
products to sell in the online auction arena, sellers
are getting more creative as to the items they
purchase for re-sale.
While some of the Dutch Auction items that are
frequently sold on eBay will always maintain their
commodity status and always sell well, Pop Culture
collectibles will usually generate a higher profit-per-
item simply because of a combination of two forces.
Scarcity and Desirability.
Pop Culture collectibles can run the gamut from a
special early edition pair of Levis to a rare Coca
Cola collectible.
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However, when I discuss Pop Culture items in this article, I will limit the definition to only the types of collectibles that I've managed to have any experience with and that would be T.V., Movie and Toy collectibles.
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Obviously, the category of Pop Culture collectibles is much bigger than this limited definition, but in the interests of keeping this a knowledgeable article, I will focus on the limited definition here. One of my first experiences with Pop Culture collectibles was with a box of unused "The Fonz" posters that I found at an antiques swap meet a few years ago. I came across this box at a seller's stand. It had one poster taped to the outside of the box and the price tag on the box said $5 each. I asked the seller "How much are the posters?", not ever assuming that the price on the box was the current price. The seller replied with "Three bucks each." Being new to eBay and wanting to experiment, I counted the posters, which were still in shrink wrap material. There were 25 posters in the box. The box looked like it had been loaded and unloaded too many times, but the posters were in perfect condition. So I asked the seller, "How much for the whole box?" He asked, "How many are there?" I told him, "25". He said, "How about $40 for the box?" I said, "O.K.", and handed him $40. I posted an auction for one of the Fonz posters that week. It was a large photo of "The Fonz for Prez", sort of a campaign poster with Fonzie in his traditional Leather jacket, thumbs up and a "Sit on it" button on his jacket. The auction was set to close on a Sunday, and when I checked it on Friday, it was up to $22 ! I was shocked and happy at the same time. On Sunday, I took my family out to dinner and got home to see that the auction had closed at an astonishing $42.50 ! That experience was the one that cemented me in the area of Pop Culture collectibles! I continued to sell the Fonz posters, one at a time (so as not to "flood the market") at prices from the $42.50 high to a low of $12.50. My estimate for gross sales is somewhere around $450 for that box of posters. This type of profit exists in the area of Pop Culture collectibles, but it does take some guts to seek out and "gamble" on these types of deals. I had no idea what the posters were worth when I purchased them, but I had a good hunch, which proved to be correct. Other Pop Culture deals I've made, most found at antique swap meets: M.A.S.H. action figures - purchased a box of 28 of them for $50, sold them individually for between $9.00 and $15.50 Star Wars Figures - purchased a box of special limited edition figures for $120 at a regular swap meet, sold the box to a Star Wars dealer for $2,100. Evel Knievel figure, mint in box, purchased for $10, sold for $115. Alien 3 movie theater poster (massive, about 4' tall by 12' wide), found at a yard sale for $10, sold on eBay for $50. Bionic Woman action figure, mint in box, purchased for $30, sold for $85. In each of these cases, I had no idea what the value was, I just went with my gut. But the fact that they were Pop Culture collectibles made it much easier to take that chance and buy the items. Another solution many sellers use is to have their spouse at home, ready at the computer to do price research on unknown items! Armed with a cell phone and a significant other at home doing research, your results will be less of a risk and more fun, too! About The Author David Espino is the author of "Beyond eBay" To learn more about this breakthrough book, visit: http://hop.clickbank.net/?auction223/davehbbo
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