Imagine Just Two People in the Whole Wide World Want Something
You Are Selling ….. Just Two People ….. Now Imagine More than
Two People, Many More ….. Imagine Fierce Fighting Where You
Are the Eventual Winner
A bidding war is where two or more people bid furiously
against one another, each desperate to own a particular item.
Phenomenal results are possible, such as last month, where a
postcard by artist A. R. Quinton, depicting a cliff view at
Herne Bay, fetched £100 plus. By anyone’s standards, the card
was worth about £3 for the view and maybe a few pounds more
for the artist.
I checked and found that two serious bidders, one of Herne Bay
topographical postcards, the other a Quinton enthusiast, had
launched a bidding war that was eventually won by the Herne
Bay collector, or was the real winner the seller of this
rather common-a-garden postcard?
Such events are not uncommon. My own best selling item this
month, a pair of vintage cufflinks with ancient Greek Coins,
for which I paid £3 at a flea market, went for £34, with the
two final bidders being a collector of cufflinks and another
of Greek coins. The Greek coin collector won.
You only need two bidders and it doesn’t matter if they’re
interested in the same product or specific parts of your
product or listing. The end result is always the same; more
money for you.
You’re looking for just two people in the whole wide world,
these tips will help you find them.
* List a minimum two items (or themes) in one lot. The trick
is to make each item valuable in its own right and appealing
to more than one person. The cufflinks and postcard are good
examples. I’ve seen other wars raging over two completely
unrelated postcards listed together; two books bearing no
relation to one another; a pack of artist illustrated playing
cards where one bidder wanted the cards and the other
collected all things artist related.
* List in two eBay categories to achieve maximum market
penetration. You can also list in two shop categories. For the
Quinton/Herne Bay postcard I’d list under ‘Artist Drawn
Postcards’ and ‘Topographical’.
* Research and use commonly used keywords for your product to
attract the highest audience for your item. Go to eBay Pulse
pages for common keywords or use software such as Adword
Analyzer to study most commonly used key words and phrases for
specific subjects. Although developed largely for search
engine optimisation and Google advertising campaigns and
similar, products like Adword Analyzer are equally suitable
for all areas of the Internet, including eBay.
* Offer free gifts and bonuses to attract interest from people
selling similar items. For example, offer three cufflinks
where most offer two (emphasise these things get damaged,
lost, stolen); ship items postage free; add complementary
items such as matching tie pin (free or otherwise) with
cufflinks, free presentation boxes with every batch of
wholesale necklaces, and so on.
* Offer a free gift that is valuable in its own right, worth
more than the product listed, and not available from any other
source. Remember to change the freebie regularly as frequent
buyers will have it already. Study and comply with eBay rules
regarding gifts, bonuses and discounts. The trick is to find
people not necessarily wanting your listed product, but very
keen on the freebie
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