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Does Halloween Make Money

You may be thinking what a funny title “Does Halloween Make Money”, and before you get into a debate about the rights and wrongs on the ethics on Halloween, you need to understand one thing, Halloween does make money and a lot of money at that. Halloween is mega spend for people all over the world, and if we look at figures around $5.8 Billion dollars was spent by Americans alone. Yes you did read that right $5.8 Billion, so does Halloween make money?

Other stats that came out 2 out 5 Americans will buy a new costume, and then there are the sweets, lights decorations, food, costumes for pets. People go mad at this time of year and as long as you have the marketing correct and the stock online at the right time you can make money from Halloween.

(We also need to remember this multi-billion dollar turn over is small compared with the Thanksgiving and the up and coming Holiday season after that.) And all the figures are on track to be bigger and better this year.

So How Do You Make Money From Halloween

@ To start with you need to be prepared, you need a plan or Road Map To Success. Start today if you want to be part of this crazy money making day and remember it really is just one day or a few days if it is at the weekend.

@ Talk with suppliers and either buy in stock or arrange a drop-shipping plan. But a word of warning with drop-shipping around that time period, suppliers will run out of items and this could leave you with buyers and no stock, so you will need to have back up plans if you can.

@ Also try and not and buy too much stock as again most fancy dress items sell all year only some sell at that time of year. And as long as it is not food it will last till the next year.

@ Make sure you have all the postage and packing items that you will need. At this time of year speed is what’s needed, people want an outfit or gift delivered within days for the party they are having or attending.

@ Do your research, make sure you price the items right, offer free shipping and by doing this you will find Halloween does make money.

Andrew Milburn Is An eBay Consultant Based In Lichfield

 

Here in the UK is a eBay Free Listing Weekend July 30th and July 31st if you are a private eBay Seller. You can list at any starting price, and subject the usual eBay terms and conditions. For further details on this opportunity please click here to find out more.

Andrew Milburn Is An eBay Consultant Based In Lichfield Staffordshire

PayPal Fee Changes Coming In September

Well here is some advance warning about “PayPal Fee Changes Coming In September“, now before you all start to panic and scream, shout and rant, and want to say one thing…………………..Get Over It, Or Get Out Of Business. Sorry to be so blunt with people, but ladies and gentlemen we are in business, and PayPal is one of our expenses. Yes you could swap to someone like WorldPay and put on your eBay listings that you take other credit cards.

But before you all run off and do that it will cost around £600 to sign up for an account, then a monthly fee of around £25.00, then a % fee that is higher than PayPal then a per transaction fee that is higher too. Yes you could swap to another Merchant Provider, but they all cost way more than PayPal and most do not online retailers.

The fees PayPal have been charging and will be charging are really nothing, and we all know PayPal and can trust them and they have been around many years.

To find out more about the changes in PayPal and the new fees check out the Updates Here. Over the next few weeks I will take time and make some notes that I hope will help you understand the fee changes (if there are any at all for your country, and in some cases the fees are lower).

Andrew Milburn Is An eBay Consultant Based In Lichfield Staffordshire

Just Do Something

Earlier this week I did a blog post about a book called The Final Summit. I am not going to tell what the book is about as you will need to go and buy it and I do not want to spoil what you will learn, but what I will tell you is that the main point of the book is Just Do Something. Now Ok there is far more to the book than Just do something, but you will find that when you read it.

So how can you apply the Just Do Something principal to you life and business, well the answer is simple it is Just Do Something, but I will give you some ideas and thoughts in this article to start you thinking and get the process into action in your life.

You are wanting to grow your eBay and Amazon sales, you have been selling a few items a week, but right now you need to be selling 5 a day. So the first thing to do is to list things on a daily basis where possible. be adding new items on a regular basis to your listings, this will make people come back time and time again. Also because people are coming back they will also buy on a regular basis. In online sales it is a well known fact that the more you list the more you will sell. So Just Do Something today.

You need to grow your business to the next level – each day do something, and it does not matter how small or big the something is as long as it is something practical and aimed at making your business grow, then guess what the simple action of doing something on a regular basis will take you and your business to the next level.

Each week you share with family and friends how fed up you are with all the povety in the world, you sit there saying this charity should do this and this govererment should do that, guess what I would say to you. Well why do you not do something. Yes each one of us could take some action and do something, and if every person took on the same idea the world would be a better place.

Sorry if this article sounds like I am getting at people, but honest I am not, I am also speaking to myself as well. Instead of us moaning and complaining that this is not happening or our business is not making us as much money as we would like, take some time out, do some thinking and then Just Do Something today, and if you take these steps each and every day you will find your online business and personal life will look totally different this time next year.

Please do not just sit back and talk and moan about things, take the action that is needed and Just Do Something

 

Life Beyond eBay

Yes there is Life beyond eBay. Before I get letters and emails, do not panic, I am not leaving eBay and will not stop writing about eBay and giving you tips and ideas on how to take your business and eBay store to the next level. And it is the next level that I want to talk about to you today about. So don’t panic, grab your self a cup of coffee, sit back and let’s see if there is life beyond eBay.

As you look around the internet there are more and more sales channels opening up, that allow you to sell your goods and services on. Some are hear today and gone tomorrow, while others have grown week by week. Ok these sites are not as big as eBay (or Amazon), but they are growing and some serve a niche such as Etsy – Craft, and Vintage market.

Now if you are new to eBay I would not suggest signing up for every site that you can find and see, you can do, but this will only lead to disaster. One thing the fees could kill your business and if you do not have a process in place you will sell an item on one site and forget to delete it off the other sites and so you could double sell an item and if you only have one of that item……………… there is trouble.

For an example, let us say you are selling books and Cd’s on eBay, once you have got the basics down and know how to list and ship items out after a few months start to list on Amazon and then when you have learnt the basics and feel happy, branch out to another site. Now although the basics seem the same, selling items, the way the sites work are all different.

Always be on the lookout for new sales avenues and see if they will work for your niche. Again if you are selling CD’s, a site like Etsy might not work as it is a craft site……………………but think out the box. You sell Cd’s, and you always have a btach that are scratched or do not play, normally you just skip these. Stop and re-think, your wife, daughter or yourself are good at craft, and you have a talent of turning a Cd into a clock or coaster.
In your spare time turn those scratched Cd’s that are worth zero money, and turn them into something you can sell for say $20.00 and sell it not on eBay but on Etsy.

The above  was a silly example, but it is an example that can work and can make you money. But if eBay is your main earning channel, keep selling on there, fine tune what you ,do, tweak when needed, but always keep that eye and ear open for other selling methods and see if there is really Life Beyond eBay, and if there is add it to your sales channel.

Andrew Milburn is an eBay Consultant Based In Lichfield Staffordshire

Permission Marketing

Earlier today while I was doing some listing on eBay I was listen to a podcast by Seth Godin talking all about market and permission marketing. If you have not heard of Seth before go and do a quick Google of him and watch, listen and learn from the man and then put into action what you have learnt. But one of the stories that he told really struck home with me and got me thinking how can we put this into place into our eBay business, and with a few tweaks I think we could and make it work.

The story went something like this. -

Hallmark Cards are one of the largest retailers of cards and the people who visit their shops on a regular basis in the USA buy on average 52 cards a year not including Christmas, but for some reason card sales dropped off in July. And it appeared it was just July and then in August they picked up again. This got one of their employees thinking how they could make sales and make profits in July, so he came up with the idea of selling collectible Christmas decorations and sell them in July.

Now when you first hear this you think who would buy Christmas Decorations in July, then come home and store them to Christmas and bring them out and put them up……….. well hundreds and thousands did. And if my memory serves me right in year two they sold $100 million and made a profit of $92 Million. (but please do not quote me on this). But the story does not stop there.

Remember how I said they were collectible?  Well when someone bought an item the sales person asked them a question or two. They said would they like some advance warning when the new decoration was out, most of the people said yes and gave over Name, and Address. Roll on year two, the cards all went out in med- July 24 hours later the Hallmark Shops were all sold out of stock and that is where the $100 Million sales came in and this built year in and out.

But also something else happened, when Christmas came around and that first decoration went up, people had friends around and showed off this new Hallmark Decoration and of course they loved it and asked where it came from. Their friend said it was a collectors club and next July when they get the card telling them the date when the new one will be out they would take them with them.

Hallmark have never had to do large advertising it has all been done by postcards and permission marketing.

So How Can You Add Permission Marketing To Your Business ?

Let’s say you sell a range of products that are only available certain times a year, you could build up either a snail mail list or an email list and when the time comes for these items to be in stock and you have them listed on the site, you send out an email and let them know. These people have already said they want to know, they like the product and they have money waiting to buy from you. This is permission marketing.

Or you sell a certain range of items that are quite hard to find, you build up a list of buyers of this item and when they come into stock, you just send out an email.

In all these cases the buyer has said “I give you permission to market to me” – or they are ready and willing to spend money with you.

Andrew Milburn, eBay Consultant Based In Lichfield Staffordshire

We all sign up to eBay and list our items and then because we have paid our listing fees, shop fees if we have a shop and then when the item sell our final valuation fees we just sit back and wait, for good old eBay to sell the items for us. Well it is true eBay will work hard for us and will market our listings for us while they are on the site, but they are also doing this for millions of other people at the same time. Yes they do a good job, but this is a business we are in either a part-time or full-time, we also need to do some work.

Right now I can hear some of you moaning and saying “Hey Andrew, I have taken those pictures and written a quick listing, what else, it is now up to eBay” when I hear this I tell them that I understand where they are coming from, but point out to them, that if they just spent a little time each day or week in tweaking their listings they would help them in eBay search and also in Google and the other search engines. And it is nothing hard or complex, you just need to get serious about your business and say yes, I am willing to go the extra mile with it and that you are prepared to put in just 30 minutes a day to help those items sell for a higher price and sell on a regular basis.

The first area you need to look at, and again being open and honest with you here, you should have done this action way before writing or re-writing a title or description and that is research. Yes I want you to have this engraved on your mind 24/7………………………………. Research, Research, Research. If you can get this part right then you are a good way in to making a success on sites such as eBay. Research in your marketplace, Research your product, Research the competition, and Research those keywords. In fact each one of those is a serious of articles on their own, but for now I want to talk about Research the competition.


Research your competition

You can do this the hard way by looking at the different websites and eBay shops where they sell the types of items you are interested in selling. Make a note of :

  • The colours they use in sales letters
  • The words they use
  • The types of pictures they use
  • A long or short sales piece
  • And the type of keywords they use

Now before I get any complaints I do not want you to copy, I just want you to look and see what these top sellers are doing and only look at the sellers who are selling multiple items a day in your niche or are regular sellers in your niche. You may remember that that I said hard way just above and yes there is an easier way to do some research and that is with some eBay research software from a company called Terapeak. eBay Research by Terapeak will give you some of the answers above and will present it to you in away you can understand and then put into action. But remember you need to do the work and then put it in place and take the necessary work to carry it out.

Andrew Milburn Is An eBay Consultant Based In Lichfield Staffordshire

Tool Tuesday – Google Reader

Well here we are with another Tool Tuesday and the one I have chosen for you is Google Reader. Google Reader is not so much of a money making tool on the surface, but as you start to use it you can see how it can make you money and also over time as well save you money.

As business owners we are very busy people many of us having to run all the different parts of our businesses on our own, but at the same time we like and often need to keep up to date on what is happening in our different niches and Industry news. Now normally we have a list of different blogs we go to, and another list of places that we should go to for information but due to time we often miss out of some important information.

With blogs and websites we want to go to them but just do not have the time to go through everything and then get side tracked by all the other posts and pages. Well stop right there…………………….help is at hand with Google Reader. In simple terms what Google Reader does is use the RSS feed from the blog and push the information to your Google Reader.  All it takes is a few mouse clicks.

Then the magic all starts. Everytime a Blog or RSS feed is update it is pushed to your Google Reader and it is sitting waiting there for you to read. You can do settings within the reader to show whole post or just the title. For me I have the whole post. I see the heading and if it is of interest I cick it and again if by magic I get the whole post or article.

Now the magic just keeps on coming with Google Reader, you can read this on your computer, phone, Ipad, Tablet, so you can read the posts where ever you are in the world.
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Listing Goals

Can you believe that we are already well over half way through the year. For those of us who make a living selling online most of us have thought if not already ordered our Holiday and Christmas lines. Yes it sounds very frightening but Christmas is only a few short months away, and our customers will soon be buying Christmas items. In fact if you do some research you will find many people have already listed and sold Christmas / Holiday lines.

So what are Listing Goals? A listing goal is something that you commit to on a regular basis. For instance you might say I want to list 200 items a month. Now that may sound a lot, but what you need to do is to break that down into daily amounts. So we take the 200 lists and divide that by 30 days, and the amount we come out at is just under 7 items a day. Now what you need to think, can you manage that number each and everyday? As you write your listing goals, you need to think how many items have I listed in the past and if that number is only one a week, you may need to adjust the daily toltal.

Once you have hit the daily listing goal for a few weeks, you may feel like upping the amount you list. Something to remember notice I say listings not items. You can have as many items in each listing as you like, but I am talking about separate listings. eBay is no different from any other online or offline business, the more you list or stock the more you sell. You need to think like a buyer, how often would you go to a shop that only had a few items and the stock never changed? Now let us flip the coin, if the shop was full of items, and the stock was always changing you would keep going back time after time seeing what was new, and not only seeing but buying as well.

Well the same goes for eBay, and the old saying is still true today as it was all those years ago. “The more you list, the more you sell” So right now take a pen and paper and write down a listing goal, and then commit to it. Have Fun.

Andrew Milburn and My Auction Empires Are eBay Consultants Based In Lichfield Staffordshire.

It has been quite a while since I updated this review, I did this for a good reason I really wanted to try out the plan and see what results I got. And as this course is not a Get Rich Quick business I decided to take my time.

Proven Amazon Course

The weeks and months have passed by, and I have if I am honest played with Amazon FBA, but it still has worked. And once I get some of my other projects out of the way and but more time and effort into the business model, I know I will earn more money. The Proven Amazon Course is something I call a living business course. I call it this for the simple reason they are tweaking and changing it all the time and for the fact that they have an active forum. This forum is worth the fee you pay for the course, as the forum is active and people are willing to help you with your business 24/7.

Proven Amazon Course

Here in the Uk we are fast approaching Summer holiday time (and I guess the same all around the world – schools are out) and parents who run an eBay or Amazon do not have as much time to list and send out items. So this got me thinking outside the box so to speak. With Amazon FBA they will send items out to your eBay customers, Etsy Customers, in fact any of your customers. So why not send some boxes of your items to Amazon FBA and let them deal with the shipping?

You can now spend time with the kids, go on holiday and know that your orders will be shipped out, by one of the largest mail order companies in the world. You get your eBay orders, while you are on holiday, you send a few emails to Amazon and within hours those orders are on their way to your customers. No more putting the shop on holiday mode.

If you are serious about selling physical items online then this course is a must have reference. The Proven Amzaon Course has been written by people who walk the talk, and I am afraid I give it a 10/10 again, sorry to be boring but it is that good.


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