I thought I was going to wait until the first to start in on the Money Making Challenge full steam, but good old eBay sent out their notice that tomorrow (2/28) is a $0.10 fixed price day. Although I don’t like it as it usually disrupts my plans, when these sales come around I usually jump full into listing as many items as I can. I shooting for a minimum of 50 by midnight March 1.
These listing sales make sense and can save you a lot of money if you know the price something should sell for. This is especially true if you are selling expensive items where you may pay several dollars just to list them. My basic strategy has been mapped out over many previous times – this is what I’ll be doing:
1) Move all the items out of my eBay store and onto the fixed price platform. This allows all of them to be searchable for the $0.10 and heightens the likelihood they will be sold.
2) Go through all my listings to see if I have auctions already written (or at least fairly close) that I can put on quickly.
3) Look through my expensive items and list as many of those as I can.
Depending on how I’m feeling, I may just list items with a photo and no explanation. This allows me to get a lot more on during the 24 hours the sale is on and then I can go back later and fill in all the details of what is being sold. I can do this since most of the items I sell, collectors pretty much know what they’re looking at so items will sell even without a full explanation.
I will be putting up the 10 photos and 1 book that I have as inventory. I will also try all those items that I can get at the hobby shop if they sell. I may even take a quick trip to see if I can find anything else to sell depending on how the listings go.
While I’m not big into this these days, one solid day usually means I can spend the rest of the month working exclusively on the websites so I can’t complain too much. Off to preparations…