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Buy It, Sell It on. Quick Facts about eBay eBay was launched on Labor Day,1995 First online marketplace connecting buyers and sellers; 24/7 Over $35 billion.

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Presentation on theme: "Buy It, Sell It on. Quick Facts about eBay eBay was launched on Labor Day,1995 First online marketplace connecting buyers and sellers; 24/7 Over $35 billion."— Presentation transcript:

1 Buy It, Sell It on

2 Quick Facts about eBay eBay was launched on Labor Day,1995 First online marketplace connecting buyers and sellers; 24/7 Over $35 billion of merchandise is bought & sold each year The first item sold on eBay was a broken laser pointer for $14.83

3 Millions buy and sell on eBay each minute of each day How is it done?

4 What’s in a name? “A rose by any other name would smell as sweet.” William Shakespeare, Romeo and Juliet

5 {step one} Click on the Register link on eBay's home page Note: eBay users must be at least 18 years old

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8 {step one and a half} Once your user name, password, and secret question have been accepted, a new page will come up telling you to check your e-mail You will quickly receive an e-mail message from eBay explaining how to validate your registration To perform this task, just select the line Complete eBay Registration in the e-mail Once your registration is validated, you can buy and sell on eBay

9 {step two} Let’s go shopping! basic search advanced search Kentucky Wildcats

10 61 items found for: Kentucky Wildcats in Tickets

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13 100.00

14 {step three}

15 {step four} Pay Up! After you win an item, you are expected to pay promptly Forms of payment accepted, money orders, checks or PayPal (and other) PayPal is by far the easiest & safest way to pay for your purchases (PayPal also can provide insurance up to $1,000 at a nominal cost) eBay encourages both buyers and sellers to leave feedback about their experience

16 Buying Tips Search using specific keywords Wait until the last minute Bid accordingly Send money orders with USPS tracking # Communicate!

17 ?

18 Buy It, Sell It on

19 What can you sell on eBay? Tobacco (tobacco-related items and collectibles are accepted) Alcohol (alcohol-related collectibles, as well as some wine sales by licensed sellers are allowed) Drugs and drug paraphernalia Nazi paraphernalia Bootleg recordings Firearms and ammunition Crossbows and various types of knives Used underwear and dirty used clothing Live animals {or what can’t you sell on eBay} Teachers' editions of textbooks including homeschool teacher's editions Human parts and remains Certain copyrighted works or trademarked items Lock-picking tools Lottery tickets, sweepstakes tickets, or any other gambling items Military hardware Virtual items from massively multiplayer online games Other items

20 The weird & unusual! In 2004, a partially eaten, 10-year-old grilled cheese sandwich said to bear the image of the Virgin Mary sold on eBay for $28,000 Water that was said to have been left in a cup Elvis Presley once drank from was sold for $455. The few tablespoons came from a plastic cup Presley sipped at a concert in North Carolina in 1977 Bridgeville, California (pop. 25) was the first town to be sold on eBay in 2002, and has been up for sale 3 times

21 {step one} Register to Sell Click on the Sell link on eBay's home page Become a seller by providing a valid credit/debit card and bank account information If you do not want to provide this information, become ID Verified Sign up to accept PayPal (optional)

22 {step two} List your item Choose a category Enter a title for the item Enter the item's description Upload images/photographs Set the start and end dates and times Choose payment, shipping, and returns terms When all the information is completed, choose the submit button Before any bids have been placed, it is still possible to make changes to the listing

23 Auction Types eBay offers several types of auctions Auction-style listings allow the seller to offer one or more items for sale for a specified number of days. The seller can establish a reserve price. Fixed Price format allows the seller to offer one or more items for sale at a Buy It Now price. Buyers who agree to pay that price win the auction immediately without submitting a bid. Dutch Auctions allow the seller to offer two or more identical items in the same auction. Bidders can bid for any number from one item up to the total number offered.

24 Basic Fees {it seems nothing is ever free… except this seminar} eBay recently announced these pricing changes will take effect Feb. 20th

25 Basic Fees {continued}

26 {step three} After the Sale Contact buyer within 3 days Obtain buyer’s shipping address Once payment is received, package up item and ship (You can obtain FREE Priority Mailing boxes through the USPS) Track shipment Once the item is received and the buyer is happy, leave feedback

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28 Selling Tips Be clear in title & description Start your opening bid price low (Don’t worry, you can always add a reserve price) Pictures, pictures, pictures! Don’t over inflate shipping costs Allow buyers to ask questions (Be sure to answer these questions promptly)

29 {insider} Selling Tip Sell For a Cause eBay Giving Works listings tend to sell at higher final prices, because buyers are more willing to purchase and often pay more for items that benefit a nonprofit. You can enhance buyer trust and loyalty by aligning with a cause, gain increased exposure, and receive a receipt for your tax-deductible donations! “ ”

30 How does it work? Using MissionFish as an arbiter, eBay allows sellers to donate a portion of their auction proceeds to a charity of the seller's choice. You choose the charity and you select the percentage (from 10% up to 100%)

31 {additional} Benefits Receive additional visibility through specialized search functionality reserved exclusively for eBay Giving Works listings Stand out with a distinctive charity icon in the title bar of the listing both in search results and on the view item page If your eBay Giving Works listing sells eBay will credit the Insertion and Final Value Fees back to you and best part of all… You can feel good about supporting a charity in need!

32 Please choose to give to Montgomery Country Council for the Arts

33 How make $1 million on eBay “Devise a way to make $100 and replicate what you did 1000 times” Anyone can make $100 on eBay… What’s stopping you from doing it 1000 times? You may even be able to make $1,000 and repeat that exact process just 100 times Here’s the secret!

34 ? http://montgomerycountycouncilforthearts.wordpress.com/

35 Buy It, Sell It on Thank you for coming today and we wish you much success on eBay!


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