Saturday, January 12, 2008

Using the Advance Search!

Today we will discuss about the "Advance Search" function of eBay. It will be the MOST used tool you'll ever use, while selling on eBay.

In today's example, we would like to do research on a mobile phone, say the Sony Ericsson K800i. I have picked this older model phone, as to limit the number of items found , yet have it specific enough to get enough hits. In today's example, we would like to know about the Phone K800i, and NOT the accessories associated with it, like the hands free kit or batteries.

First you would need to click on the Advance Search link found on any of the main eBay pages.


Next, please key in the search criteria as "Sony Ericsson K800i", and don't forget to check the "Completed Listings Only" box. You'll realised that the first search will return heaps of items with similar keywords. Since we only want the mobile phone and not the accessories, we'll have to fine tune our search by using the "Narrow your Search" from the left pane. Please select the "Cell Phone" option.


Now we have found only 145 items, which seems about right. After looking through the items, we'll realize that not all the found items are mobile phones. Still some accessories or defective phones can be found in the completed listings. What we are interested are the Green sold prices. From the list, we could easily gauge the average selling price (ASP)!


By using the Advance Search you'll be able to do your market research on what item could be sold on eBay and its average price. No point selling something, if the average selling price is below your cost price!

Good Luck.

Tuesday, January 8, 2008

Free Selling Online Classes

I have been selling online for 3 years now... wow, what a journey it has been. About more a year ago I decided to do this as a Full Time job. The transition wasn't an easy one... About 6 months ago, I took even a bigger step, by getting an office and hiring a part-time staff.

Nothing comes easy, and sacrifices were made. Some may call it a learning experience...

Anyway, in the many years that I have been selling online, many of my close friends have always wondered how I could profit it, and now, doing it as a full time job...

I have had those small stories over dinner on how I do it, and for the more curious, spending hours explaining the concept of selling online... I soon realised that, I have been giving small classes to close friends on how to sell online, and decided to hold a class for my friends instead.

Easier if I could gather all my friends, and run through once, then to constanly teach them the concept of selling online.

So I will be organising a Free Selling Online classes, over a 2 day period. Each class should take about 3 hours. I have also decided to convert the meeting room into a class, and I reckon that I could fit about 8 people in there.

I welcome those who are interested to register their interest. As the class is small, only a few could be selected. It will be picked on random, giving everybody an equal chance to attend the class.

Good Luck!

Saturday, January 5, 2008

Happy New Year and 2008 Roadmap

I am sorry for not posting any new information for the last 6 weeks. I had a new personal blog where I blog about my daily stuff (more exciting) as well as interesting food articles. I guess I got a little carried with the new blog till I left you guys behind...

Anyway, I had promised some of my close friends that I would organise a day where I would show them and teach them the basics on Selling online... I have put it off for too long, and would be organising a Free Class; and probably invite my fellow readers to fill up the rest of the class.

They may even be the possibility of organising advance selling classes, if the demand picks up!!