NC ANTIQUES - Auctions And Estate Auctions








 

 

 


How To Sell On Ebay: Using Store Policies To Cement Your Credibility


In your quest to build credibility as an Ebay seller, few things are more important than creating and following consistent store policies. Doing so will provide your customers with an attractive buying atmosphere, where they will feel safe making any transaction.

Whenever I create store policies--whether it be for an Ebay business or an Internet business--I use one standard: I promise what I can reasonably deliver. And I deliver more than I promise as often as possible.

If I can reasonably offer to ship everything two days after payment, I will promise it. But if I get the chance to ship some items within one day, I take that opportunity to overdeliver.

Not only is this a more ethical approach--delivering or overdelivering on all promises--but it is also a more practical business strategy for the long-run.

Developing relationships with your customers is the best way to get repeat sales, testimonials, and positive feedback--the three pillars which will support your business and increase your cashflow.

You should extend this principle to other policies.

Create a return policy that stipulates when and for what reasons you will accept a return. Again, you will want to give the customer certain guarantees, but at the same time, you don't want to promise what you can't reasonably deliver.

For instance, you may want to stipulate that you will only accept returns if the item is broken. You may also want to add that you can only accept returns within 14 days of delivery.

In addition to a shipping and return policy, you will want to create a statement of quality assurance. When I used to sell jewelry on Ebay, I promised my customers that the metals were solid, the gems were real, and everything was stamped.

It was relatively easy for me to prove this because all of my jewelry came with gemologist-certified appraisals; however, if you aren't selling something that can lend you credibility in a similar fashion, you will need to earn it in the form of testimonials and positive feedback.

. . .and this is precisely why it is so important for Ebay sellers to create and follow store policies. Not only will this lend you credibility and subsequently encourage visitors to bid, but it will also prevent customers from making unfair complaints against you.

In addition to this, when you overdeliver, your customers will know it - and they will verify it with feedback and testimonials.

http://www.workathomerightnow.net/ebay.html Written by Isaiah Hull, author of "How to Profit on Ebay In Seven Days Without Spending A Single Penny." For a limited time only you can get a pre-publication copy of his book for ONE-FOURTH the post-publication price!


MORE RESOURCES:

Bloomberg

Vadim's Ferrari 250 GT Sells for $5.
BusinessWeek
Still, the Paris auctions saw few lots sell above valuations, suggesting that the market for more routine classics remains highly selective. Collectible cars often fetch higher prices through discreet transactions than at public auctions, dealers said.
Vadim's Ferrari 250 GT Sells for $5.8 Million in Paris AuctionBloomberg

all 4 news articles »


Treasury Yield Is 3 Basis Points From One-Week High Before Debt Auctions
Bloomberg
Treasury yields were three basis points from the most in a week on speculation investors will demand higher rates at $72 billion of note and bond sales that begin tomorrow, following a stronger-than-expected jobs report. The difference between rates on ...

and more »


Ivory Coast's Cocoa Auctions Put Futures Market on Edge
Wall Street Journal
Last week, Ivory Coast, the source of more than one-third of the world's supply, launched a series of auctions to sell a portion of its 2012-13 crop, part of the eight-month-old government's plan to overhaul the industry and ensure a floor price for ...

and more »


Business Recorder

Scrutiny pays, but not always
Hindustan Times
Queues can be jumped, lotteries rigged and auction bids fixed. Without policing, none is inherently superior over the other two. To the extent that lotteries and early-bird schemes tend to create a black market, the original purpose of keeping prices ...
Spectrum sale seen to swell coffersCalcutta Telegraph
The court strikes backTimes of India
Mobile spectrum auction: avoid the controversy, please!Business Recorder
Business Standard -Hindu Business Line -Forbes India (blog)
all 521 news articles »


Treasury Auctions Set for This Week
New York Times
The Treasury's schedule of financing this week includes Monday's regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday. At the close of the New York cash market on Friday, the rate on the outstanding ...



CAPS auction brings record haul
Salina.com
By CHRIS HUNTER As the bids poured in from the crowd on a Bud Light speaker at the 23rd Annual Celebrity Benefit Auction for Child Advocacy & Parenting Services, Dr. Merle "Boo" Hodges was hoping to get a crack at the speaker if it stayed lower than ...

and more »


Kansas City Star

Tom Brady Game Jersey Sells for Thousands at Super Bowl Auction
Patch.com
The 2011 game jersey was purchased at The Super Bowl XLVI Live Auction in Indianapolis on Saturday, tripling the item's presale estimated value, Hunt Auctions reports. Brady wore the jersey during the Oct. 16 game against the Dallas Cowboys.
Tom Brady Jersey Auctions For $46KWRTV Indianapolis
Tom Brady Jersey Sells For $46K At Auction Before Super BowlHuffington Post
Super Bowl 2012 Buzz:Indianapolis Star
WLKY Louisville
all 525 news articles »


Hindustan Times

IPL auction: Jadeja takes the cake with a cherry on top
Hindustan Times
IPL Chairman Rajeev Shukla (L) with owner of Mumbai Indians Nita Ambani and Kolkata Knight Riders owner Shah Rukh Khan at a press conference after auction of the players for IPL-5, in Bangalore. Like the past Indian Premier League auctions, ...
10 big facts about the IPL 5 auctionNDTV
IPL 5 auction held; 800+ crore spent: Tournament from April 4isikkim
Older players take a backseat at the 5th IPL auctionBusiness Today
Times of India -TruthDive -Newstrack India
all 382 news articles »


Atlanta Shakespeare Company Auctions ROMEO & JULIET Table
Broadway World
ASC is holding an e-bay auction for a front-and-center table for two for their special Valentine's performance of Romeo and Juliet. The auction will be for the performance on Tuesday February 14, 2012. The winner of the auction will also receive two ...

and more »


Stockholm home to oldest auction house
Times of India
Herodotus has mentioned auctions in Babylon. Several types of auctions - from slaves to seized goods in an armed invasion - are mentioned in Roman and Greek history. The modern world's oldest auction house is the Stockholm Auction house formed in 1674.


Google News

home | site map
© 2006