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How To Sell On Ebay: The Money Is In The Back-End


Many people who sell on Ebay completely neglect the follow-up process. They post an auction. Someone wins. They send an automated message to the winner. They shipthe item. End of story. End of buyer-seller relationship.

. . .end of customer's total worth to the business--and this is why so many people who sell on Ebay fail or make negligible profits: they have no idea that the real money is actually in back-end and follow-up sales.

In this article, I am going to go over one of the tools you can use to make follow-up sales on Ebay: autoresponders.

Autoresponders will allow you to automate the follow-up and upselling process. You can subscribeto an autoresponding service through a number of different companies. Most will give you a free trial that limits your abilities, but lasts indefinitely.

Getresponse (getresponse.com) is one of these companies. It has a user-friendly control panel, excellent customer service, and offers a free trial version that will give you access to everything you need for early upselling and follow-up.

You can use your autoresponder a number of differentways to make follow-up sales, but you must start by collecting names to load into your autoresponder.

You can do this by asking customers (after you've made a sale) if they would like to join your mailinglist and receive special offers, discounts, and the chance to buy items before they go on auction. Load the names and email addresses of the people who respondpositively into your autoresponder.

Getresponse will send them a confirmation message. The rest is up to you.

Come up with special offers, discounts, and contests and send them out via broadcast to your subscribers on a regular basis, but not too often.

Your customers have already a) purchased from you and b) agreed to receive special offers. From here, it shouldn't be too hard to get follow-up sales. They are already hooked--just give them a good offer.

For instance, you could send out special offers forcomplementary products at certain intervals. You couldtarget people who purchased digital cameras and offerthem sticks of memory at a discounted price, but onlyif they buy within a certain amount of days after the close of the auction. You could do the same thing withcamera bags--and also set a specific date.

If you sell jewelry, you could offer customers a matchingset of earrings for a necklace at a discount. Or cleaningtools. Or a jewelry box.

There are a number of different ways in which you can structure your Ebay post-sales follow-up with your autoresponder. There are only two real rules you should follow:

1) Do not, under any circumstances, add people to your list who did not specifically ask to be added to it. It is illegal and unethical, and it could land you in jail; and

2) Make sure you are targeting the right people with the right follow-up pitch. If you're trying to sell discount plastic dinosaurs to someone who just bought a case of motor oil, you probably wont get the response you want.

. . .other than that, it is completely up to you. Come up with some creative ideas; put them to work; and you can easily double or triple the lifetime worth of each customer who shops at your Ebay store.

http://www.workathomerightnow.net/ebay.html - Written by Isaiah Hull, author of "How to Profiton Ebay In Seven Days Without Spending A Single Penny." For a limited time only you can get a pre-publication copy of his book for ONE-FOURTH the post-publication price!


MORE RESOURCES:

Auctions - Google News

Will they or won't they? - Sydney Morning Herald


Will they or won't they?
Sydney Morning Herald
The clearance rate was 58 per cent for the 101 auction results reported to the Real Estate Institute of Victoria. The outcome of another 36 sales is still unknown. Many commentators are tipping the RBA will cut rates by 0.25 percentage points.

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Market middle ground proving elusive - Sydney Morning Herald


Sydney Morning Herald

Market middle ground proving elusive
Sydney Morning Herald
Real Estate Institute of Victoria spokesman Robert Larocca said the level of new stock coming onto the market for February was surprisingly high. ''We've got 10-15 per cent increases in stock levels for the first few weeks of February compared with ...

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Got $1.8M? This Harrison estate is up for auction - The Journal News | LoHud.com


Got $1.8M? This Harrison estate is up for auction
The Journal News | LoHud.com
Its owner — international real estate developer Neill Bernstein, dubbed “Cape Town's Donald Trump” — has lived there for several years but now is returning home to South Africa. Misha Haghani, founder of Paramount Realty USA, is handling the auction ...

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Tucson resort avoids auction block, for now - Arizona Daily Star


Tucson resort avoids auction block, for now
Arizona Daily Star
Starr Pass Resort Developments, the owner, took on the debt before the real estate bubble burst and the property, which opened in 2005, was only just getting its footing when business and leisure travel screeched to a near halt.

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Fannie Mae's Fire Sale - Barron's


Credit Union Times

Fannie Mae's Fire Sale
Barron's
How to buy a cut-rate rental property. Fire sale! The Federal Housing Finance Agency has approved a big residential real-estate auction at Fannie Mae to help the mortgage giant unload its inventory of 122616 foreclosed houses. For the first time, ...
Tales from the Field: A Homeowner Who Fought Foreclosure and WonRisMedia.com (press release)

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Concierge Auctions to Sell Premier Residences at Auction Within Exclusive ... - MarketWatch (press release)


Concierge Auctions to Sell Premier Residences at Auction Within Exclusive ...
MarketWatch (press release)
The auction will be conducted in cooperation with Rivers To Peaks Real Estate ~ Big Sky Real Estate. "The seller developed these idyllic vacation homes ideally situated in the heart of the most luxurious amenities these communities offer," stated ...

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Gold Coast back on the road to paradise - The Australian


Gold Coast back on the road to paradise
The Australian
It was - as she told her children - excellent shopping when the biggest single auction of real estate nationally was held on the Gold Coast last weekend. And the buyers, many of whom had flown in from interstate, were out in force picking up properties ...

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Yarmouth Route 28 motels sold at auction - Wicked Local


Yarmouth Route 28 motels sold at auction
Wicked Local
The twice-postponed auctions drew a mixed crowd of lawyers, real estate brokers, neighbors and a town planning board member. The motels have been the focus of a civil lawsuit for more than a year. The town sued the motels' former owner for violating ...

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JP King to Serve on Panels at Upcoming Conferences for Financial Solutions ... - MarketWatch (press release)


JP King to Serve on Panels at Upcoming Conferences for Financial Solutions ...
MarketWatch (press release)
Being the nation's oldest real estate auction marketing firm, JP King is frequently requested for speaking engagements and has accepted several of those opportunities in the coming weeks, the first of which begins today. "When I first came into the ...

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Concierge Auctions, the Nation's Premier Luxury Real Estate Auction Firm ... - MarketWatch (press release)


Concierge Auctions, the Nation's Premier Luxury Real Estate Auction Firm ...
MarketWatch (press release)
24, 2012 /PRNewswire via COMTEX/ -- Concierge Auctions, the nation's preeminent luxury real estate auction firm, auctioned high-end properties throughout 15 states in 2011. The year proved successful for the NYC-based company, as the firm produced a ...

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