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eBay Business Research Strategies

Anthony — Mon, 24 Nov 2008 08:07:32 +0000

How to focus on one particular market or category of items. This is where you will build your business. If you want to go into that category and have a dominating market presence, there are a few things that you absolutely must do:

1. Market Research

Completed item listings is the first place you will start doing your research. You will need to find out:

What items are selling?
How much these items are selling for. What is the average selling price?
Who are the top sellers in your market?
What techniques or strategies are they using to sell their items?

Once you have done your research, you will have a great knowledge base to start from. You can decide what items to sell, how much you can afford to pay for them, and what are the best listing strategies for selling the most products in your market. Doing some in depth research of your competition is always the first place to start before enter any market. Don’t waste your time finding product sources and listing items if you do not know 100% that you will be able to make good profits in the market.

2. Find multiple product sources

The biggest problem when people started selling on eBay was keeping enough product in stock. If you have one supplier and if he didn’t have a certain product in stock, then you to stop selling it. This is the wrong way to go about doing business on eBay. You must locate multiple product suppliers. eBay Powersellers don’t just have a list of wholesale suppliers, they now how to find suppliers. That knowledge is extremely powerful.

3. List your auction with competitive pricing strategies

Many new eBay sellers incorrectly assume that they must have the lowest price in order to compete in any market. This is completely untrue. Price is not the determining factor in dominating a market. So when you are pricing your items, you want to make sure that your price is low, but not so low that you aren’t making enough profit. I like to try to make a 30% more profit on any item I buy; meaning that if I buy an item for $20, I want to sell it for at least $26. Your margins will differ greatly from market to market and sometimes you can offset lower margins by selling more volume.

4. Work hard for the best reputation in the market.

This is the true key to market domination. Many sellers are willing to pay more to buy an item from a reputable seller than someone they do not know and trust. I personally would rather pay 10-15% more to buy from a seller with 780 positive feedbacks and 100% of them positive, than to buy from someone with 12 feedbacks and 2 negatives. In order to generate the best reputation, you will need to keep your feedback as close to perfect as possible. You do this by having excellent customer service. Answer all questions as quickly as possible, ship quickly, and handle all complaints quickly and courteously.

Usefull Twitter Tools

NoNo — Mon, 15 Sep 2008 12:20:36 +0000

Twitter is a free social networking service that allows its users to send and read other users updates their posts. Users can receive updates via the instant messaging, Twitter website, SMS, email, RSS or through an application. Twitter began as a research and development project inside San Francisco start-up company Obvious in March 2006. If you search in google or yahoo, you can find many Twitter tools out there that people use to help manage their Twitter account. Below some Usefull Twitter Tools that you can try it:

www.twhirl.org – A desktop app which allows you to do simultaneously connect to Twitter, Friendfeed, and seesmic accounts, shortens long URLs, allows you to post pictures to Twitpic, search Tweets, timeline filtering, and notifies you whenever you get a new message.

www.tweetlater.com – Tells you when someone signs up to follow you, gives you the option of sending them a custom thank you message, also gives you the option of automatically following them back. Also allows you to write a Tweet or series of Tweets but have it posted later.

www.ping.fm – Current secret code to sign up is “Legend of Ping.” If you post using ping.fm you can also sign up to simultaneously post to Twitter, Friendfeed, Jaiku, Pownce, Plurk, Brightkite, and about a dozen other social networking microblog type sites. This allows you to enormously increase your audience and saves a huge amount of time. You still need to go to each site and check your messages and interact with people, if you want to grow your customer base on those sites.

www.twitbin.com – You can send and receive messages via Twitter in your firefox Browser.

www.twitpic.com – You can post pictures to Twitpic through your phone, twitpic’s API, or through the Twitter site, and people can click on a link on your Twitter post and see your pictures.

www.twitdir.com – Find your friends on Twitter, find who are the most popular people on Twitter, find who follows the most people on Twitter.

search.twitter.com - Search the Twitterverse to find out what people are talking about right this minute on Twitter.

Twitter Tools Plugin – This plugin creates an integration between your WordPress blog and Twitter account to create new tweets on blog posts.

Related Twitter tools – Check other 60 twitter tools, maybe it usefull too

Twitter addon for firefox user – TwitterFox, Twitzer long text, Twitzer Twitter more, TwitterBar, Twitbin, TwitKit, TwittyTunes

Test your antivirus working or not.

NoNo — Sat, 24 May 2008 05:56:59 +0000

Here are some trick using your notepad to test your antivirus. Firstly, Open notepad and paste this:

X5O!P%@AP[4\PZX54(P^)7CC)7}$EICAR-STANDARD-ANTIVIRUS-TEST-FILE!$H+H*

Then save it as eicar.com. Your Anti-virus will then either not let you save it of when you have saved it will remove it for you. Dont worry about it. Your pc not crash. European Institute for Computer Anti-virus Research (EICAR) have got people to program Anti-Virus to recognise this as a threat (even tough its completely harmless). You can read more about this trick here

What Are Keywords

Don — Wed, 09 Apr 2008 06:35:40 +0000

In the ambience of the Web, a keyword is a appellation that a being enters into a chase agent to acquisition specific information. Best bodies access chase phrases that abide of amid two and bristles words. Such phrases may be alleged chase phrases, keyword phrases, concern phrases, or aloof keywords, but they all beggarly the aforementioned thing. Your best important keywords are those best and best accordant chase phrases you appetite your website to be begin for on a chase after-effects folio in Google. Good keyword phrases are specific and descriptive. It is bigger to accept 100 highly-qualified visitors who acquisition your armpit listed in Google beneath a authentic chase byword than to accept 1,000 visitors who acquisition your armpit listed beneath a all-encompassing chase byword and again aren’t that absorbed in what you activity already they get to your site. Your ultimate cold shouldn’t be aloof to get lots of cartage to your armpit from aerial rankings (although this is important), but instead should be to get a aerial sales conversion. Having a #1 advertisement in Google agency annihilation unless you can catechumen visitors to your website into annoyed barter or accept them at atomic booty a abutting adapted activity like bushing out a form.

The added targeted and specific your called keywords are, the greater the adventitious that visitors to your armpit will acquisition what they are attractive for. You appetite a aerial “click-to-sales” or aerial “visitors-to-customers” ratio. As such, you charge to alpha cerebration like your customers. Actuate what it is that they need, what problems they have, and what solutions you can activity to advice them. So how do you actuate which keywords are best important and accordant for your website? There are two capital methods, as follows:

By application an online keyword tools. Do this aboriginal and absorb time accomplishing it right.
By allegory your website cartage statistics. Do this after over time to validate the after-effects of adjustment 1 and to acquisition new keywords.

Using Keyword Analysis Tools

KeywordDiscovery and WordTracker are online keyword analysis apparatus that acquisition all accessible variations and permutations of chase phrases, including synonyms and accepted misspellings that bodies accept absolutely entered into chase engines to acquisition sites agnate to yours. In addition, they will acquaint you how abounding bodies accept absolutely acclimated that authentic chase appellation over time. There are no added programs currently accessible that activity this abundant information. There are added accoutrement out there, like the Overture or AdWords Keyword Suggestion tools, but they aren’t abreast as authentic or as able-bodied and are not recommended for this purpose. Indeed, KeywordDiscovery and WordTracker accept been the better-kept secrets for accretion relevant, targeted cartage to websites by allegory the accurate chase habits of bodies on the Internet.

Before you use Keyword tool, you should aboriginal begin and accomplish a account of all accessible words and phrases that you anticipate a chump may use to acquisition those products, services, or advice that you are alms on your site. Don’t accommodate industry jargon, acronyms, or abracadabra that alone experts in your industry or marketers would know. Anticipate like your customer. This is an important acumen to accumulate in mind.

Pay absorption to the chat form. See whether the plural anatomy or the atypical anatomy of a keyword byword has a college Chase number. This is important as one anatomy of your chat will be added important than another.

Don’t get afraid up on KEI. Don’t focus too abundant on the KEI amount that KeywordDiscovery or WordTracker provides for keywords. KEI by itself is a actual accepted indicator of competition. It’s primary amount is in anecdotic some of the “low-hanging” accessory and tertiary chase phrases that you should be able to optimize for adequately easily. So if the high-KEI byword fits your site, you should optimize for it. Aloof because a accordant keyword byword may accept a absolute low KEI cardinal (like 0) doesn’t beggarly you should avoid it, ESPECIALLY if it is has a aerial Chase value. Don’t be beat by a ample cardinal of aggressive pages, you may accept beneath accurate antagonism than you think.

Export your after-effects to Excel. KeywordDiscovery and WordTracker allows you to consign your analysis after-effects to Excel, area you can again calmly array (and resort) the abstracts any cardinal of altered ways. I awful animate you to do this. Both these accoutrement activity you to abundance keyword Projects online. I acquisition this affection somewhat attached and about don’t use them. I’d rather abundance my abstracts offline on my computer for added avant-garde manipulation.

By attractive at Adwords Keyword Apparatus External at the aforementioned time, it allows you to counterbalance the Chase ethics adjoin the PPC Bid amount for a bigger assurance of the “market value” of a accustomed keyword phrase.