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Nwt Lot

Posted on Thursday, October 21, 2010 in Mens Clothing

Nwt Lot
Nwt Lot

These are what I believe to be the most important things to know when getting started.

Please keep in mind that these are only 3 things and there are also many other strategies to help you become successful.

Top 3 things you should know when learning how to sell on eBay:

1. Day and time is what I believe is most important. Yes, there is a proper day and time you should keep in mind for selling on eBay. Remember the time you list your item will be the time your auction ends. Let use children’s clothes as an example. Keep in mind of moms who shop online for there kids do it when it is a convenient time to use the computer. I have found that Monday and Tuesday evening work best for me. I usually list a 7 day auction with a start time between 5:00pm and 6:00pm Pacific Standard time. Doing this will give your West cost and East cost buyers to view your auctions. I have also found the weekends don’t work well for me. I think this might be because most families are out enjoying each other and not surfing the web.

Different days and times may be recommended depending on what you are selling. Bottom line is to know your market and do your research. Put yourself is the buyers position and think like the buyer when you are listing your items. This is a crucial part when first learning how to sell on eBay.

2. What you are selling plays a huge part. Selling new items on eBay is a great way to make money. Be sure to do your research before you start though. There are a ton of hot items for sale on eBay, most which you might no be able to get your hands on for a decent price. This is part of figuring out how to sell on eBay. There are times when someone is getting a great deal because they know someone or work for a certain company offering the item to them for a wholesale price. More times then not the seller has just done their research on the item and has figured out a strategy to buy the item for a super low price.

Another problem you might come across is that you are able to get a great price on an item, but there are tons of them currently listed for sale on eBay. In this case you might have to do what I call “delay profits.” Hold the item for a while and wait until there are less available. This is when I pick up an item, say a toy, I get it for 99¢ but it retailed for $14.99. If I see that there are hundreds for sale on eBay for around $5.00. I will hold on to the item for a couple of months and wait till the others die off. This way when I hit the market I can move that same item for $9.99, making twice the amount. Another example is in the winter time I buy all the closeout bathing suits from Gymboree. I will list them in my store right away for the buyers who are going on vacation and can’t find them available for sale in any stores. You can also buy spring dresses in the winter and hold them until the summer months. Shopping in the off season will result in great profits.

More importantly, make sure what you are selling has enough profit margin in it so that you can cover eBay and PayPal fees. Deducting 10% from your sales is a good way to quickly figure out your approximate profit. This another great lesson when learning how to sell on eBay.

3. Title is everything if you want to be successful on eBay. In your eBay title you are allotted only 55 characters. It is extremely important to make the best of them in order for your listings to be found. If you were looking to sell a new Gymboree size 6 girls shirt, this is what you might type in the title line: Gymboree girls clothes NWT Jungle Gem shirt top 6 NEW.

Let me break down what this title is describing to a buyer: Name of the brand, sex, condition, line or style of the item, and size. Listing your items like this will get your auctions right in front of the buyer. Also, learn the lingo of your product. Gymboree has a lot of lines, so for me it’s important to list the line for the buyers who are looking for a specific item. This is all part of learning how to sell on eBay. If you sell car parts for example, you might want to check out how other sellers list there items to get a feel for the descriptions. Put as much relevant information that you can within your 55 characters. Be sure to remember that includes the spaces as well.

Learning how to sell on eBay is not an easy task. Using these tools is will increase yours sales and ultimately increase your revenue. Keep in mind that these are just a few tools when learning how to sell on eBay. In my book I go into great details of all my mistake and key strategies which have lead to my success on eBay. If I can do it, you can too.

I’m a full time eBay seller who has transformed all the knowledge that I have obtained into a tangible book. If you are wondering how to sell on eBay I have laid it all out in my Book. There really is only one secret to eBay and that is you have to know what you are doing. Blessings Michelle Barrows

is this Coach purse real ?

i won it on eBay, but it says NWT…i believe NWT has something to do with bags not being real…but i looked it up on the internet and it looks like NWT stands for “new without tags”…
and also…i was the ONLY bidder on this purse.
and uner the item description…it says “orginal factory price $149″…
i think a coach purse like that should probably be a lot more.
however, maybe it could have been a typo or something ??
help !

and here is the link to the item

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWNX:IT&item=280294795787#ebayphotohosting

I’m almost positive that its real. The factory price is probably correct, because that purse is VERY small, I’ve seen it in department stores. And at the top it says authentication guaranteed or money back. Hope I helped!

eBay – How To Make Money On eBay

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