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ebay Research

eBay Research is one of the most popular questions that anyone who teaches ebay is asked on a regular basis.

The questions they ask can be as simple as why do we have to do eBay Research , how do you do eBay research and so on.

Now in simple terms you can just look at ebay and see what is selling and then go and find out a supplier and yes that can work.

Another way to do your eBay Research is to see what the currant trends are with family and friends and more important your teenage children as they always know whats hot and whats in.

Now all the above and many other ways do work they are often have a few pit falls.

A product I use and many of the other successful eBay sellers use day in and day out is a piece of software that is web based for our                        eBay Research is called TeraPeak.

Terapeak gives you data on what has sold on eBay over the last 90 days with over 500 million closed listings so you will never be at a lost on does your product sell or not.

Once you have bought into Terapeak either on a monthly package or the very popular yearly package you get access not only to the above eBay data, but also things like trends, whats hot on ebay, you get to see things like sell through rates and yes some products do have a 100% sell through rate.

You also can use TeraPeak for your eBay Research to see what are the best days and the best times to sell your products.

And another cool feature of  TeraPeak you can even see what the sell through rates of a seller are.

So I can highly recomend TeraPeak as your eBay Research tool, and you can if you wish cancel at anytime and if you have bought the yearly package you get a refund of the remaning months you have left.

But if I am honest and you do regular eBay research then you will never want to be without Terapeak.

So what are you waiting for? Click on the banner below and start to see how powerful TeraPeak is in your eBay Research.

Another idea bought to you by Andrew Milburn and My Auction Empires.

Research your competition

know your buyers

While watching a TV program the other morning while I waited for a delivery I noticed how many auction type and antiques programs there were – this means one thing people like them and they are popular. 

Anyway I noticed a new one, this was where to antique collectors went head to head and used their own money to buy, and then they had to resell at a profit and the one with the biggest profit won.

The day I saw the program they had to buy from an Antique Market (other programmes they had to buy at Auction, Car Boot etc), and by the looks each week saw a diiferent pair of people.

Anyway I watched it while I waited, the guy was first and said to make a profit, he would buy quality – Good idea, another was in good condition, and I forgot the third point he made. 

Next up was the young lady Kate Bliss – she said a few points, but what jumped out straight away to me was this sentence ” I will buy what my buyers wanted” –  Know your buyers. Kate Bliss went into this programme knowing what her core client base wanted or what her other dealer friends out there were looking for.

She did not just go yes that looks good, that looks nice , the price is right I will buy it. Ok she did a few of those points but on the whole she went out knowing that she could sell that little silver box to a silver dealer in London, and the Label bottle to a collector.

Kate Bliss knew her buyers, she went out that day with a plan in her head because she knew her buyers.

How can you put this into your ebay or online business ? Well I hope you have an email list of people, of lookers and of buyers.

Let’s paint a little picture here -Let us say that you sell kitchen items on eBay and over the past monts you have built up a mailing list of kitchen item buyers you now know your buyers and their needs and wants. While you are out and about at a trade fair you see some new kitchen items that will be hot this year. You can go ahead and buy some stock for all it will take is you to list them and email your list saying hey I have just added this item to my shop, they will come and buy.

So please get to know your buyers and their needs and wants.

Another item bought to you by Andrew Milburn and My Auction Empires 

Is There Still Life On eBay?

There are times when you have to smile to yourself, and even times laugh at people. I have lost count recently of times people have said to me Is there still life on ebay?

I must look at them puzzled, for quite often they say why you looking at me like that, or why are you laughing like that at me. I often say why did you say Is there still life on eBay? And before they even open their mouths you know what they are going to say………… Well there is a recession on you know……… Or people have not got the money to spend………. etc, etc.

I say well you listen to too much bad news and read the wrong the papers, for yes there is still life on eBay and for that online businesses in general.

An online business does not have the massive overheads a normal business has, plus we can sell world-wide at the touch of a button. Quite quickly we can move into other markets within a few days if we see a need ot want out there.

Another thing is we have out customers and if we treat them well they will treat us well too and stay loyal to us.

So yes there is still a lot of life on eBay.

Keep listing and list more. We are about to enter the big holiday season, and people will be coming online more and more to find items.

Keep a look out for growing trends and if you think it is right to, move into these trends and make some money.

Well little rant over and I hope you got it………. Yes there is still life on eBay.

Another tip from Andrew Milburn and My Auction Empires

With Skype you can make free calls over the Internet. Skype – the whole world can talk for free

We all like to save money and we all like to talk. But I can hear you saying yes but it costs money and even more money if they live abroad, and if you use the old method of using a telephone then yes it does. But I am going to tell you about away where you can chat and even see each other through video, and the cost Free. Yes I did say FREE.

Skype has many services and the best thing you can do is pop a long to their sites and take a look what is best for you.

For My Friends In The USA You Need The USA Skype Store

For My Friends In Europe Click Here

In this post I want to give you some tips how you can you use pictures to boast your eBay or online sales. And the simple way to do this is to use before and after pictures.

How do you do this…….. Well for example you sell on eBay a Teeth whitening product, well show a picture of someones teeth before they use your product and one of them afterwards.

Or you might be selling a special car wax polish, again do a picture of the car before and the car afterwards.

Please make these real pictures and not fakes……..because it is wrong, illegal and will harm your business.

Another posting from Andrew Milburn and My Auction Empires.

Hi,

I am sorry to say that I have to stop comments at the moment on my blog as I am getting loads of spam. I am looking at ways of brings this back, but until then I have stopped this.

Sorry
Andrew

As an eBay Education Specialist one of the question I am always asked is how do I know if My Product will Sell. Well today I am going to do a short lesson and show you a few steps you can do to see if other people have had a success.

First you need to go to eBay site for your country and log in.

Next you need to go to advanced search. And fill out the form. For my example I chose Baby Feeding Bottles (Why – pass)

When you put your words in the search you need to choose “exact phrase” And then the important button to choose is “Completed Listings” one you have done this press return or search.

After a few seconds I saw this

This tells us that there were 58 results in the last 30 days for Baby Feeding Bottles that have finished on the site.

Next we look down and can see this

We need to change this sort to highest price first.

The final window we see is this :

Wow we see lots of items have sold (these are in green) and not only sold most have mutiple bids on them. This tells me that if this was an item I would be selling then it is a big YES. This simple thing takes you only a few minutes and will show yes or no Will My product Sell

Happy online selling

Andrew Milburn and My Auction Empires

Well we are at UK Trade Show number 10.

This one takes us all the way into lovely wales For the Wales Spring Fair 2009.

The Show runs between 18th – 21st January 2009.

Venue Cymru Llandudno

01938 555313

Info@walescraftcouncil.co.uk
http://www.walescraftcouncil.co.uk

 

Another posting bought to you by Andrew Milburn and My Auction Empires

Hi,

Just to let you know I will be doing a three week training classes on eBay and the basics of buying and selling on ebay.

The classes will be on :  Wedneday October 8th , 15th, 22nd  between 7.30pm and 9.30pm. They will be held at Emmanuel Christian Centre, in Lichfield. This will be a free class as it is aimed to reach out and help the community around the church.

Numbers will be limited to around 25.

For more information, please email me at info@myauctionempires.com 

Happy eBaying
Andrew Milburn

A few weeks back I mentioned that eBay were  thinking abd talking about introducing a new kind of search function here in the UK.

This new eBay search will automatically fill in what they thats ebay ’think’ you’re looking for.  it works a bit like those sites that as you start to type in a name it fills out the rest for you. Well I am pleased to tell you this search is now up and running and as a seller I am mega happy, well very very happy.

Why am I so happy, well think outside the box, something as regular readers know I am hot about. As I was do an ebay class I asked one the girls in the class to name a niche and she said Candles. So I typed candles in and below is a bit of what came up in the search

- Yankee Candle
- Scented Candles
- Jo Malone Candles
- Candlesticks
- Candlestick holders
- Church Canles
-Smelly Candles
Etc
Etc

Have you spotted as a seller why I am so happy?…………..

Well first off if I was already in the market of selling candles it gives me further keywords I might have missed out, or it might give you other brands you had forgotten, and it will give you further candle niche products to sell.  Thanks to eBay they have done all that research for you.

Now you might be thinking about going into another niche, well go along to the search function type in a word and see what comes up, My guess you will have your main products and plenty of sub-niches.

The time taken not very long.

The Cost. Well nothing eBay has done this research for you.

What have you got to lose? Go try it now

Another eBay tip bought to you from

Andrew Milburn and My Auction Empires

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