How To Cut Your eBay Fees By More Than 90%

Now, are you ready for the REAL TRUTH about selling on eBay?

It's simple; don't list too many items for sale using their auction format. Instead, set up one of their stores. The cost starts at just $9.99 per month.

Why is this a good idea?

Let's do the math:

If you list an item for sale using the auction format, the cost is anywhere from $.35 on up to several dollars PER AUCTION. What's worse is that the auctions are only good for 3, 5, 7, or 10 days.

BETTER WAY: Sell the item in your eBay store. The listing price is just 2 or 3 cents per item...and get this...They're good for a FULL 30 days! For example, I recently sold a $500 item that I listed in my eBay store. The listing cost me a whopping 3 cents! The same item, if I'd sold it using the auction format, would have cost me several dollars!

Using eBay's Auction format to list 500 items at a minimum of $.35 each = $175.00 (and these are only good for 7 days each so you'd have to list them 4 times each per month) $175 x 4 = $700.00

List the same 500 items in your eBay store @ just $.03 each = $15 + the $9.99 monthly store fee = $24.99 and they are listed for a full 30 days each!

You save $675.01 per month! HOLY SMOKES!

I'm sure you can clearly see the benefit here. Of course you will want to sell a few CHEAP items using the auction format to try to generate interest & drive customers to your eBay store where they will buy MORE from you. Make sure every auction listing contains a link to your eBay store & TELL THE CUSTOMER TO VISIT YOUR STORE. Sell 10 or so of your 3 or 4 or 5 dollar items as auctions...just enough to get some traffic to your store.

Now, what is it that the REALLY successful PowerSellers do?

They maximize the "back-end" sale.

What this means to you is that once a customer has bought from you, the hard part is over. Now having done business with you, they TRUST you to deliver the goods. You MUST & I REPEAT, MUST try to get that customer to buy again & again.

Never, ever, send a package to a customer without including a sales flyer, catalog or some other special offer in the package to try to entice them to make another purchase. Email them a special offer every week or so.

You NEED repeat customers. Going after the lone, one-time sale is a losing battle. You will not be successful unless you get them to buy again & again & do this with every person you deal with.

Send a thank-you note via postal mail or eMail to every customer & use that opportunity to SELL THEM SOMETHING ELSE.

Another tip:

Sell CONSUMABLE items. You know, stuff that people need to order fairly often. Like socks, t-shirts, work gloves, food items, towels & linens, printer ink cartridges, sell shipping materials to other eBay sellers. You will get REPEAT orders from these customers for months and even years to come.

Mike Nalbone is the creator of "The Wholesale Detective" http://www.nalbone.org/detective/ which is a complete resource for people seeking to utilize drop shipping to start or expand their own business.

In The News:

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Mexico auctions seized vehicles outside presidential mansion  CityNews VancouverMEXICO CITY — Seventeen black, bulletproof Chevrolet Suburbans stretched in a neat, polished row outside the onetime official residence of Mexico's ...
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'A good feeling out there': Agents upbeat as bidders return to Sydney auctions  Domain NewsMore bidders and bigger crowds turned out for Sydney\'s weekend auctions, leaving many feeling more optimistic about the property market.
Brazil's ANP identifies opportunity to postpone oil and gas auctions in 2019  WorldOilThere is room to discuss postponement of at least one oil and gas auction in 2019.
Tamil Nadu discom to halt wind and solar auctions  Economic TimesInstead, it will buy clean power from the Solar Energy Corporation of India (SECI) to fulfil Renewable Purchase Obligation, a senior state government official told ...
Kurt Cobain’s Sweater From Final Photoshoot Sells for $75,000 at Auction  Rolling StoneA sweater worn by Kurt Cobain during the singer's last photoshoot with Nirvana sold for $75,000 at auction Saturday. The cardigan, which Cobain donned at a ...
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Turkey Said to Lean on Local Banks to Support Its Debt Auctions  BloombergTurkey is leaning on local banks to buy more government bonds in debt auctions.
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Sotheby's to hold 'Important Judaica' auction  The Jerusalem PostSotheby's, the international broker of fine art, jewelry and collectibles will hold an auction titled "Important Judaica" on June 5.
Tata Power Renewable Energy wins Gujarat solar auction  Economic TimesTata Power and state-owned Gujarat Industries Power Company Ltd (GIPCL) were the only bidders who bid for 250MW and 50MW respectively at a tariff of Rs ...
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5G likely to mess with weather forecasts, but FCC auctions spectrum anyway  Ars TechnicaA US Navy memo warns that 5G mobile networks are likely to interfere with weather satellites, and senators are urging the Federal Communications ...
John Lennon-Owned, Beatles-Signed ‘Butcher Cover’ LP Sells for $234,000 at Auction  Rolling StoneA John Lennon-owned copy of the Beatles' infamous “butcher cover” version of Yesterday and Today, autographed by three members of the Fab Four, sold for ...
Japan vs Korea: Which country's cars have better resale value at auctions in SA?  Wheels24Korean cars are growing in terms of stature, quality and appeal. However South African motorists still prefer Japanese vehicles.
Gardeners find bargains at auction  Tillsonburg NewsAuctioneer Bev Burrell had everyone's attention at the 13th annual Tillsonburg Horticultural Society Garden Auction Tuesday night at the Tillsonburg Community ...
Property auctions are about to skyrocket, here’s why  Yahoo FinanceWith the election over and policies now clear, our property market is about to change.
Fish auctions on FB Live? Yes, it's a thing in Malaysia and thousands are hooked | Malaysia  Malay MailTogether with a few partners, Audrey Goo started MyFishMan which is an online seafood delivery *service*. — Picture by Choo Choy May. KUALA LUMPUR, May ...
Miami tech billionaire’s taking his Coral Gables estate to auction  The Real DealMiami technology billionaire Manny Medina is going straight to auction with his Gables Estates mansion.
This Rolex Auction Features 13 Super-Collectible Daytona Watches  Esquire.comBob's Watches and Sotheby's have teamed up on a huge Rolex Daytona auction. It features 13 collectible timepieces, from a "Big Red" reference 6265 to a 1947 ...
These designer bags could fetch more than £120,000 at upcoming Christie's auction  Daily MailRare Hermès and Chanel bags that will be presented during a London auction by Christie's in June are set to fetch £100000, but according to an expert, some ...
CarWave expands online auction platform beyond California  Automotive NewsCarWave may not be novel, but its apparent success in the online auction business shows there's a thirst for digital auctions.
Auction set for contents of namesake for Shoreway's Westinghouse curve  Crain's Cleveland BusinessThe sale of the Westinghouse complex on West 58th Street in Cleveland may be looming closer as an auctioneer sells off the equipment of its longtime occupant ...
National Auction Market Preview - 12 May  CoreLogic Property NewsMount Waverley in Melbourne is the busiest suburb for auctions this week, with 10 homes scheduled to go under the hammer. Following on from Mount ...
Collection of 3 Shelby Cobras sold for millions at auction  Fox NewsA trio of Shelby Cobras sold for a combined $7 million this past weekend. The cars were from the estate of noted collector Steven Juliano, who died from ...
Harley-Davidson V-Rod, Mercedes, Volvo among vehicles up for auction  York Daily RecordThe York County Drug Task Force's semi-annual auction will be held Memorial Day, featuring numerous vehicles seized in drug investigations.
Rare Dodo Skeleton May Fetch Over $700K at Auction  Live ScienceYou may have heard of the hapless dodo — an endearingly squat, toddler-size flightless bird — that was driven to extinction in the late 1600s and hasn't been ...
Amazing Shelby Cobra Collection Fetches Millions At Auction  CarBuzzAn amazing collection of original Shelby Cobras recently went under the hammer at Mecum's auction this month, selling for a combined $6.4 million. Each of the ...
Huge Derbyshire home with over 30 bedrooms sells at auction - here’s how much for  Derbyshire LiveA former care home in Derbyshire that has been empty ever since it closed down three years ago has been sold at auction. The former Glebe Residential Home, ...
Kurt Cobain's dirty paper plate sells for $22400 at auction: 'This is a piece of history'  Page SixKurt Cobain's dirty paper plate was sold at auction for $22400.
Annual Houston County surplus auction is coming up. Here’s what’s for sale.  Macon TelegraphWant a fire truck, a cheap ride or some oddity owned by Houston County? Check out the county's surplus auction June 6. A 1987 Ford Firetruck with 42,494 ...
Bring a Trailer Goes Posh as Auction Site Starts “White Glove” Service by Selling Its Own Mercedes Gullwing at No Reserve  Car and DriverPristine 1965 Mercedes-Benz 300SL Gullwing heads to auction to commemorate Bring a Trailer's new Plus and White Glove services.
Colorado Springs' oldest auction house  Colorado Springs GazetteYou never know what you might find in an auction house. That's what Thomas Langeland and his husband, Jason, like to say about Colorado Springs' ...
Kurt Cobain's Used Paper Plate Sold At California Auction  NPRThe Nirvana frontman was eating pizza before a 1990 show in Washington, D.C., and he needed to write down his set list on. He grabbed his plate and listed the ...
Spectrum auction, 5G trials top Telecom Ministry agenda for new government  LivemintNew Delhi: Preparing the Cabinet note for spectrum auction, rolling out of the new digital communications policy and establishing regulatory sandboxes, 5G ...
Pair of Yubari melons fetch record ¥5 million at season's first auction in Hokkaido  The Japan TimesA pair of specially grown hybrid melons cultivated in the city of Yubari, Hokkaido, fetched a record ¥5 million ($45500) on Friday in the season's first a.
Traders withdraw tea from auction as price falls  Business DailyHuge volumes of tea were withdrawn from the auction last week.
Late auction house leader DuMouchelle had keen, expert eye  The Detroit NewsServices are next week for Lawrence DuMouchelle, who has appeared on 'Antiques Roadshow'
Vocus board considers auction as takeover approaches fly in  The Australian Financial ReviewTelecommunications company Vocus Group has received a number of takeover approaches and its board is considering whether to run a formal sale process, ...
Now scarce social housing is being flogged off at auction by councils desperate to stay afloat  The IndependentIf hospitals deliberately spread disease, it would be a scandal. But with an acute housing crisis, local councils, housing associations and other public bodies are ...
Chennai civic body set to auction 2,400 abandoned vehicles  Times of IndiaCHENNAI: The corporation along with traffic police had last year announced that vehicles abandoned along roads and footpaths should be removed, failing ...
Most expensive cars ever sold at auction  AutocarClassic car prices have gone crazy, but if you thought old Fords and 80s hot hatches were costly, they're small change compared with these...
Colorado cattle auction summary report on summer break  High Plains JournalThe Colorado feeder cattle auction markets have transitioned to summer schedules, according to the USDA-Colorado Market News *Service*, Greeley, Colorado.
Pair of Yubari melons fetch record $62921 at Sapporo auction  The Straits TimesYUBARI, HOKKAIDO (THE YOMIURI SHIMBUN/ASIA NEWS NETWORK) - Two Yubari melon fetched a record-high price of 5 million yen (S$62921) at the first ...
1973 Camaro Baldwin Motion Phase III Headed To Auction  GM AuthorityCreated in the heyday of the muscle car era, this Baldwin Motion 1973 Camaro is part street-legal terror, part drag strip monster. And it's headed to auction.
Bala Sheepdog Auction sale met another excellent trade  Denbighshire Free PressTHE increased entry for the May Bala Sheepdog Auction sale met another excellent trade, especially for the strongest with prices topping at £9,030 for the dog ...
Loss, love and life at Colorado Springs' oldest auction house  Colorado Springs GazetteYou never know what you might find in an auction house. That's what Thomas Langeland and his husband, Jason, like to say about Colorado Springs' ...
Nearly 28,000-Square-Foot D.C.-Area Home to Hit Auction Block  Mansion GlobalA 27,256-square-foot chateau in the Washington, D.C., area is headed to a live, on-site auction next month with no reserve. Most recently asking just under ...
Sotheby's to Hold First Auction of Aboriginal Art in New York -  ARTnewsSotheby's is relocating its Aboriginal art auction from London to New York, moving the sale—to be timed with this year's November auction of contemporary ...
Pataskala to auction old police cruisers, trucks and more June 1  The Newark AdvocatePataskala to auction old vehicles, tools and other items on June 1.
Bid in an Online Auction for Nearly 800 Tax-Defaulted Properties in Riverside  NBC Southern CaliforniaNearly 800 tax-defaulted properties throughout Riverside County will be on the auction block, open for electronic bidding, beginning next Thursday.
Lowest Tariff of ₹2.80/kWh Wins Gujarat's 1,000 MW Wind Auction  Mercom IndiaLowest tariff of ₹2.80 (~$0.0399)/kWh has emerged as the winner in Gujarat Urja Vikas Nigam Limited (GUVNL)'s auction for 1000 MW of grid-connected wind ...
BCH Developer Builds Onchain Token Auction Console — SLP Agora  Bitcoin NewsOn April 26, software developer Tobias Ruck revealed a new platform he's been working on called SLP Agora, an onchain trading console written in Rust that ...
Former NFL Stars Waterfront Home In Greenwich Set For Auction  Greenwich, CT PatchGREENWICH, CT -- Former All-Pro Baltimore Ravens center Matt Birk is auctioning off his waterfront Greenwich home next month for a starting bid of $3.25 ...
Windows XP laptop riddled with WannaCry and BlackEnergy goes up for auction  The INQUIRERBURN IT, is what we'd do with a laptop loaded with some of the most dangerous strains of malware around; we certainly wouldn't put it up for a frickin' auction.
Bids in Germany's 5G auction already top 6 billion euros  ReutersGermany's auction of frequencies for fifth-generation mobile services, now into its 10th week, has drawn 6 billion euros ($6.7 billion) in bids so far.
Jeff Koons' 'Rabbit' Fetches $91 Million, Auction Record For Work By A Living Artist  NPRA 3-foot-tall silver bunny just set an art world record. Rabbit, by the playful and controversial artist Jeff Koons, sold for more than $91 million at Christie's Auction ...
BSNL, MTNL revival, spectrum auction top on new govt's agenda  DNA IndiaRevival of ailing telecom public sector firms, 5G technology trials and a new round of spectrum auction will be among the top priorities for the new government.
Leonard Cohen's 'So Long, Marianne' love letters up for auction  ReutersA collection of love letters written by Canadian musician Leonard Cohen to the woman who inspired his song, "So Long, Marianne" is going up for auction next ...
Foreign buyers snap up Sicilian homes at €1 auction  The GuardianThe Sicilian town that put its empty houses up for sale for €1 each to try to reverse its decline, has sold 16 of them to foreign buyers. Though they sold for slightly ...
Customs begins online auction of seized vehicles, goods  Daily TrustThe Nigerian Customs *Service* (NCS) has commenced electronic (online) auction of contraband, including exotic cars of different brands, seized from smugglers ...
Weakest U.S. Bond Auction in Decade Validates Dimon’s Warning  BloombergThe U.S. Treasury on Wednesday saw the weakest demand for its benchmark 10-year note in a decade, illustrating the diminishing appetite among some ...
Art Institute will sell 300 ancient Chinese artworks via auction  Chicago TribuneThe Art Institute will sell some 300 ancient Chinese artworks via a Christie's auction in September, including pieces valued as much as $300000.
Auction report: A good 'spread' of machinery at this 'on-site' sale  AgrilandSaturday, May 18, saw a clatter of machinery offered for sale at an auction in Brigg, North Lincolnshire, England.

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