It is basically the same as opening a offline business store as it serves the same purpose of getting visitors to browse, ultimately spending money with you.
I often get asked if owning an eBay store is worth the expense, and in my honesty, if you cannot make a profit every single month, the online business is not for you. Period. My store is an important part of my pdf ebook business, as it helps with the authority aspect of my business, differenciating myself from other eBook sellers.
Anyone who tells you that an eBay store is not a lot of hard work has not ever managed one.
The process of opening is almost as simple as setting up your initial User ID, the entire process is dealt with by eBay themselves, and can be setup with a couple of clicks.
A well-run eBay Store is worth every penny, and can add considerably to your profitability. It is your customer's first impression of you, your business and your products, so a clean design with easy navigation is essential to gain and retain customers. There are a lot of other factors, but these are the first equirements you must adhere to.
When you are stocked and ready for sales you need customers. Marketing is not any different. You can add your shop link into signatures in online forums, write articles, use pay-per-click advertising, and use viral methods. Another way to generate visitors is through sending email to your list of subscribers.
One of the most powerful aspects of having an eBay Store is that you automatically have a huge client base right at your doorstep. eBay has over 181 million worldwide registered users and rising daily.
Creating a blog to promote your eBay auctions or eBay store is an excellent way to attract additional bidders which equates to higher ending prices - which has now been added as a feature by eBay called "My World".
Another major value of an eBay store is that it gives you a way to increase your inventory turnover.
Your About ME page is extremely important, as you can provide external links to your other websites - automatically increasing traffic, but the most valuable aspect of your ME page is, it allows you to build a list of subscribers who are interested in your products or services. You can use a simple webform to capture prospective clients from Aweber, and backend offers directly to this list once a rapport has been built.
The bottom line is - having an eBay Store is essential for any eBay merchant.
How To Open An Ebay Store
Here they are...
Reason #5: More flexibility = more opportunities to sell in the format your buyers like best
Just because you have an eBay Store, it doesn't mean you have to stop putting your items up for auction! An eBay store allows you to put your products in front of people in a variety of different ways.
My recommendation is to list 80 as auctions in order to drive more visitors to your store.
Reason #4: More automation = more free time for you!
With an eBay store, it's far easier for you to automate daily chores such as relisting unsold items, asking for feedback, and keeping track of your inventory. The more you can automate your business, the more time you can spend growing it -- and multiplying your profits!
Reason #3: More communication with buyers = more chances to sell to them in the future
When you have your own Store, eBay makes it easy for you to stay in touch with your bidders and customers, by allowing you to create your own store newsletter that eBay will send out on your behalf.
All you have to do is add a link at the top right corner of your store page that says, "Sign up for store newsletter" -- and then eBay will automatically send people notices about your latest specials and products for sale.
It's a great way to put your products right in front of your best potential customers... and encourage them to buy!
Reason #2: More exposure = more traffic
Unlike your regular auction listings, your eBay Store homepage -- as well as your store category pages and any custom pages you create -- doesn't disappear once your seven-day auction is over. It has a constant presence on the Web.
And that means those pages can get indexed by the search engines!
So not only will a store help you get tons more exposure on eBay itself, you'll also be able to put your products in front of a huge number of off-eBay shoppers, as well.
Reason #1: Lower eBay fees = more profits!
As I said at the beginning of this article, when you own an eBay Store, your listing fees are way less expensive.
Just how much will you save? Well, if you run a regular auction for an item that costs $24.99, it'll cost you 60 cents to insert your listing. But if you have a store, that same item will cost only 5 cents to list! That will add up to huge savings once you start listing a large number of items.
The final value fees are also considerably lower. For example, you have to pay 10 of the total value.
And money saved = more profits for you!
A basic monthly eBay Store subscription costs just $15.95 -- so if you're selling 20 or more products a month, you'll definitely find it worth your while.
Both Ray Johnson & Parimal Patel are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Ray Johnson has sinced written about articles on various topics from Online Marketing, How to Sell on Ebay and Internet Marketing. Ray Johnson trades on eBay under the username e.z.sell_ebooks.For more advice on how to succeed on eBay with information products visit:
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