I spotted this very interesting article today by Derek Gehl on Marketingtips.com, outlining the 5 top reasons to open an eBay Store. I have quoted them here for you in full and you can read the original post here
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% of your items in your store and 20% 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 for every $24.99 item you sell through a regular auction. But when you own a store, you only have to pay 5.25% of the total value.
And money saved = more profits for you!
I think you’ll agree, this is some sound advice. As a store owner myself, I can safely say that it does save a LOT of money on listing fees. You can attract shoppers to your store by listing a few auctions and placing prominent links to your store homepage.
You can also promote your store outside eBay and in our forthcoming video series we’ll show you how you can achieve great results by using FREE resources to promote your store’s homepage.
So, what are you waiting for? Go get a store!
Basic eBay Store monthly subscriptions cost:
UK £6.00
US/Canada $15.95
Australia $14.95
To read this article in full visit: 5 Top Reasons to open an eBay Store
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