eBay Stores come with a very powerful feature: store newsletters. When buyers add your store to their favourites, you can offer them the chance to join your mailing list. You can then send highly targeted emails to people who you know were at least interested enough in your products to add the store to their favourites.
How Do I Send Them?
First, you need to get some people to sign up for your newsletter – this will happen with time, as people buy from you and browse your store.
Once you've got a few subscribers, it's worth sending out a newsletter. To send store newsletters, go to My eBay, click ‘Manage My Store', and then click ‘Email Marketing'. Once you've done that, click the ‘Create Email' button, and you're away.
All you need to do now is write an email subject and a message, choose any items you want to include in the email, and specify who you want to receive it. The subject and message can be something relatively generic, like ‘here are my latest deals' – it's the targeting that's important, and eBay's is powerful. You can choose to only send an email to people who've bought from you in the past, or only to people who've opened your email before.
It is important to note, though, that you can only send one email per week to a mailing list.
The Ups and Downs.
The downside of store newsletters is this: they're expensive. A basic, $15.95 per month store only comes with 100 emails, while $49.95 comes with 1000. Even the $499.95 anchor store only comes with 4000! Extra emails for all stores cost 1 cent each. That's $1 per hundred extra emails. If your mailing list has a significant number of people on it, then that'll get really expensive, really fast.
Surprisingly, though, it can often be worth it, despite the cost. It's very rare to send out a newsletter to a mailing list of a hundred and not get at least one sale, and you'll often get three or four, even to small lists.
Measure Your Success.
Each time you send an email, eBay produces a report telling you how well that email did. You can view these reports on the ‘Email Marketing' page by clicking the subject line of an email you sent.
This report will show how many people received your email, how many opened it, the number of clicks it generated on your items and your store, and the number of bids and Buy it Now purchases that resulted from the email. Some of the numbers might be too low, though, as many people use email software that displays email in plain text format and so stops eBay from collecting statistics. Also, you will notice that you'll have more success if you send out emails regularly, as people will start to expect them, and react in a more open way – don't expect the Earth from your first email.
By now, you're probably getting pretty good at selling on eBay – isn't it nice to have all those satisfied customers? Not to mention the money… However well you're doing, though, there's always room for improvement. The next email will give you ten tips for being an even better seller.
Open A Ebay Store
I confidently believe that to be a success when selling Ebooks on ebay you need to have an Ebay store. They more than pay for the £6 monthly fee with the benefits they provide. These include cheaper fees, longer listing duration, and much more. Find out about all the benefits below:
1) Cheaper Fees: - The insertion fee for an auction listing on eBay is 15p. The insertion fee for a buy it now listing on eBay is 20p. However, the insertion fee for a store listing is only 3p. On top of this the gallery fee for auction and buy it now listings is 15p whilst the gallery fee for a store listing is only 5p. These are the only two listing features I use for my eBay Ebook listings which gives me a total saving of between 12p-17p per Ebook I list in my eBay store. Now this doesn't seem like much of a saving, but since I list all my Ebooks as store listings and only a small proportion as auction listings this actually equates to a significant saving. I would advise any other Ebook sellers on eBay to also list their Ebooks in this way as it will lead to huge cost savings for you. If you list your full inventory as eBay store listings, and then your most popular items on the main eBay site as either buy it now or auction style listings you can save money and promote your eBay store (I will discuss this promotion aspect further in the next edition of the newsletter).
2) Longer Listing Duration: - The maximum listing duration of a buy it now or auction style listing is ten days. With a store inventory listing you can list for 30 days, 90 days, or Good till Cancelled (the listing renews every 30 days till you cancel it). Not only does this provide the benefit of added value for money, but it also saves you a lot of time. Instead of re-listing an Ebook every ten days you can simply list it in your store as Good till Cancelled and not worry about it again.
3) Unlimited Inventory: - When you list an Ebook as an auction or buy it now the insertion fee goes up depending how many items you want to list. When you list in your eBay store the insertion fee remains at 3p whether you list 1 item or 1000 items. This is a huge benefit to Ebook sellers because as you already know, you can sell infinite copies of the same Ebook, since it is digital. Therefore, if you list 1000 copies of your Ebook (or even more if you wish) as a Good till Cancelled listing you will hardly every have to maintain it. This will not only save you time but also money.
4) Custom Store Pages: - With a basic eBay store you get 5 custom pages (and even more with anchor and featured stores). These custom pages are useful ways of conveying extra information to your customers. I use my custom pages for; a Disclaimer page, a Privacy Policy page, a SPAM Policy page, a Terms and Conditions page, and a Frequently Asked Questions (FAQ) page. However, they can also be used to convey other important information to your customers or to promote one of your products or websites. Having these custom pages available in your eBay store makes you look more professional which in turn generates increased customer trust.
5) Store Categories: - With an eBay store you get 20 custom categories which you can assign your listings to. This is extremely useful because customers who are looking for a certain type of Ebook will be able to browse by category. Some of the categories I use include; "Gambling Guides and Systems," "Email and Auto responder" and "Wholesale and drop shipping." If a customer visits my eBay store and only has a general idea of the eBook that they want, these categories should guide them in the right direction, and then hopefully lead to a sale. Since many people who buy ebook will be merely browsing, these categories should increase sales and also make your store easier to navigate, meaning customers are more likely to return
Both Kirsten Hawkins & Saba 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.
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