Here are several Amazon selling guides to increase your profit while selling on this online platforms. We will also discuss how established eBay accounts generate more sells by simply using the trust factor that comes with account age and account good reviews.
Manage Inventory Proactively: Your inventory is crucial for maintaining your sales rank. Amazon consigns sales ranks to all products based on the arrival and quantity of the sale. So, running out of stock is big no if you want to be a pro-Amazon seller. Make sure you manage your inventory well in advance based on its sales. All your stocks should be pre-order before it ends. Also, plan well to meet the demand and supply needs during the festive time when shipments become a little slow and sudden increase in sales. You should maintain proper re-order levels. Losing your sales ranks can affect your business adversely and will take months to get it back on pace.
Google Shopping: You sure have some plans for your business to include Google shopping in it. But are you really utilizing its potential to the fullest? Studies by Forrester have revealed that retailers spend 6% on Google Product Listing Ads (PLA’s), and the number of PLA’s listed has increased by 71%. This is due to the boom in visual commerce. Sites like Pinterest have a huge user-base and are growing in popularity. Similarly, Google shopping uses the concept of visual commerce as well attracting visually motivates shoppers.
Some examples of items that have value on eBay but don’t seem like they would sell for much include: Lids from pots and pans, Empty perfume bottles (people collect them or use them for home decor), any kind of craft supply (sewing, Perler beads, scrapbooking), Broken jewelery and watches (people buy them for parts), Pantyhose (used for crafts, gardening, computer fan covers), Unopened cosmetics, razors, batteries, Anything new in the package, Empty printer cartridges, School supplies. The list is really endless.
Include Good Photos. A professional listing includes good, clear photos. It’s crucial to include real photos of your specific item, not just pictures of a similar item taken from a catalog. Savvy buyers can spot this trick, and it will make them wonder what you have to hide. Consider also including a video, or a link to one, if it’s useful to show buyers how the product works.
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