Auction eZine – Issue 6
________________________________________________ AuctionInsights Newsletter ________________________________________________ January 20, 2005 -=-=-=-=-=-=-=-=-=-=-=-=-=- Hi, Doug Feiring here from AuctionInsights One of the most dynamic markets on the internet today is for books and music. I've found an easy and profitable way to capitalize on this market through Half.com. This issue we discuss getting started selling on this web site. Sincerely, Doug http://www.auctioninsights.info http://AuctionLink.to -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=- MAKE A PROFIT YOUR FIRST WEEK - Get INSIDER SECRETS for MAKING QUICK CASH with online auctions. We'll even give you items to sell! Get the details today! Click: http://refer.auctionriches.com/click.cgi?id=fearlessdf -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=- o FEATURED ARTICLE... Selling is Easy on Half.com By Doug Feiring Recently eBay, the owners of Half.com, reversed their plans to close the popular website. This was good news for book buyers and sellers alike. As a frequent seller on Half.com, I find several advantages of this venue over traditional auction sites such as eBay or Yahoo! auctions. Some the things I like about Half.com include: easy listing, easy payments, and no re-listing hassles. Listing is fast and easy on Half.com. There's no worrying about templates, ad text, scanning or hosting/posting images. After registering, simply select the book's ISBN, indicate the condition, and choose a price and you're selling. Half.com makes payments easy as well. When the buyer purchases the book, they pay via Half.com's credit card system. Half.com calculates and includes the shipping charges, and pays the seller via direct deposit twice a month.
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Another benefit to selling on Half.com is that there are no re- listing hassles or expenses. Books remain listed until sold. The site charges a simple 15% final value fee for most books.
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Inventory Sources You can get started selling used books on Half.com with books around the house. Over the years you probably have accumulated several in- demand titles that you don't really want to keep around any more. Once your Half.com business takes-off, yard sales and thrift shops are excellent and inexpensive sources of used books for your listings. Here the intrepid Half.com seller can often pick up a number of books for pennies a copy. Inventory Systems and Storage If you decide to continue selling books on Half.com after you've shipped off the volumes you have had sitting around the house, you will need to develop a strategy for storing and organizing your inventory. Gary Hendrickson, author of "How to Sell Common Everyday Books on Half.com like Crazy", recommends banana boxes recycled from your local grocery store. They stack nicely and can be clearly numbered with a marker. With this storage system in place, Gary uses a simple database set up to record the title of the book, its condition, date listed, and the number of the box in which it is stored. If you're willing to devote a few hours a week to your Half.com business and take your business seriously, you can easily make several hundred dollars a month with minimal effort. Even more is quite possible. It all depends on the time and effort you are willing to put into it. For more information on selling on Half.com, I highly recommend Gary Hendrickson's book, "How to Sell Common Everyday Books on Half.com like Crazy". Besides the basics of selling Half.com (some covered above), I especially valued some of the advanced topics that Gary included in his book including: o How and where to buy books cheaply for maximum profit o What you should pay o What books you should buy o More importantly - what books you should never buy o Listing secrets that will maximize your sales o How to determine the best asking price Click here for more information -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=- o AuctionInsights News - eBay has announced new pricing effective Feb 18, 2005. A summary of fee changes are as follows: Gallery fees will be raised from $0.25 to $0.35 per listing. Concurrently, eBay will also be increasing the size of the Gallery image on search and listings pages by 56%. Buy It Now fees will no longer be charged at a flat rate, and will instead be determined based on the Buy It Now price. Fees will be charged as follows: Buy It Now Price Fee $0.01 - 9.99 $0.05 $10 - 24.99 $0.10 $25 - 49.99 $0.20 $50+ $0.25 The fee for 10-day duration listings will be raised from $0.20 to $0.40 per listing. The fee for the Basic eBay Store subscription will be raised from $9.95 to $15.95 per month. The subscription fee for Featured and Anchor Stores will be unchanged. -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
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