Fall September Special

Jimmy at Salehoo - your eBay store?

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cuzincupitt
Posts: 17
Joined: 08 Jan 08
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18 Jan 08 09:17:34 am
hi jimmy

was just wondering what the name of your ebay store is? or what your username is if you don't mind

cheers

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jimmy_huber
Posts: 2867
Joined: 11 Mar 10
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19 Jan 08 09:16:45 pm
hi jimmy was just wondering what the name of your ebay store is? or what your username is if you don't mind

cheers


ProductsPlus wholesale Distribution

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Is the name of my Ebay Store that most salehoo members know Of. I wont comment on the other usernames as they are used on niche products and we dont want 10,000 salehoo members knowing about those items.

With this Account,We generally sell wholesale goods we purchase by the truckload. And we try to keep 300+ auctions running at all times. Sometimes its tough as its just me and my wife running the company most of the time. The current listings are listings from the truckload we just got in on monday and started listing. We intend to have over 500 listings running soon.

We were gold level powersellers until ebay decided to punish us over an incident where my bestfriend decided to bid on one of our items to use as a christmas present. And just so happened to make the bid on his username using one of my home computers. They took our powerseller status and made us take some stupid 60 min course on ebay about shill bidding haha.

But one thing that did suck about it was my layout at the time had Gold powerseller logos advertised on it. My recommendation is dont even bother with powerseller logos on your auctions. They are a pain in the rear if ebay decided to take it away for some stupid reason.

You can get good ideas on how we mix our merchant account in our auctions to help bidders make payment. This is our permanant layout and it works great. We have not had any complaints or many questions by being very specific in the layout of our pages.


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Full Member
cuzincupitt
Posts: 17
Joined: 08 Jan 08
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19 Jan 08 11:59:27 pm
ok thanks jimmy for the advice.i will check out your store.

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wholesalejoe
Posts: 287
Joined: 11 Feb 07
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23 Jan 08 12:17:33 pm
Jimmy how can i message you in private regarding proprietary info


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jimmy_huber
Posts: 2867
Joined: 11 Mar 10
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23 Jan 08 09:41:13 pm
Jimmy how can i message you in private regarding proprietary info


Click the pm tab :D


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watches
Posts: 5
Joined: 05 Nov 07
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25 Jan 08 04:39:43 pm
Hi Jimmy!
I visited your ebay store products plus, I would like to ask you,

#1- Which items do you put on auction and which items for buy it now?

#2- If an item don't sell on auction do you put it up a second time for auction ? or you would put it for Buy it now?

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jimmy_huber
Posts: 2867
Joined: 11 Mar 10
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11 Aug 08 08:04:52 am
Hi Jimmy!
I visited your ebay store products plus, I would like to ask you,

#1- Which items do you put on auction and which items for buy it now?

#2- If an item don't sell on auction do you put it up a second time for auction ? or you would put it for Buy it now?


Hi, I dont have too many auctions running on ebay these days as Amazon is just much better, but I try to keep around 10 running just to keep my ratings up on ebay and its good advertising for my website.

I run most everything in Auctions. When I have an item I want to sell at a fixed price I generally list it on Amazon. Ebay sucks as far as fixed price listings. If you list it on amazon for a good price you can sell that item in a matter of days. An item can sit in your ebay store for months and only get a few views.

I generally only list items on ebay if I cant list them on amazon and I normally do not have to re list anything as all of my auctions start at 1.00

Now I do not recommend this tactic fore everyone. I have over a quarter million dollars worth of products in my warehouse to fall back on if I have a bad sale. So loosing money on a product is just a part of general business for me. If I were you I would research the products you are selling. And their average selling prices on ebay before choosing how to start the auction. If you paid little and your item generally sells high then a $1.00 bid would be great.

If your item sells lower on ebay then you paid for it I would say list it as a fixed price item or sell it locally or somewhere else. Ebay is not the only way to make money on products. I have this problem with some of my pack buyers they only try to sell their items on ebay while our other buyers are using multiple ways to sell their items and making money while the buyer sticking with ebay has a higher risk of loosing money. Too many people think its the only way but its only 1 avenue out of over a dozen great ways to sell products.


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jillis2
Posts: 6
Joined: 16 Oct 08
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3 Nov 08 05:49:23 pm
I've been 'lurking' on this forum for a while now trying to absorb info - both the good and the bad...I have a question for Jimmy, but for anyone else who has experience selling on Amazon. Specifically, do you have a webstore on amazon, or just a seller's account? If only a seller's account, how do you drive traffic to your listings? I'd really appreciate any info anyone could give based on their Amazon experience.

thanks!

Full Member
artpants
Posts: 95
Joined: 18 Dec 06
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6 Nov 08 06:25:40 am
well that's the thing about amazon, you dont need to drive traffic, the traffic is already there. I just have a seller account. Just list your item and youre done. the only drawback is the ridiculous commission fees that i complain about in the other forum.

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jillis2
Posts: 6
Joined: 16 Oct 08
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6 Nov 08 07:03:24 pm
Worse than all the fees on eBay? lovely, but something to be said for not having to 'find' traffic...

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thepro888
Posts: 30
Joined: 25 Aug 08
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12 Nov 08 04:26:31 am

Hi, I dont have too many auctions running on ebay these days as Amazon is just much better, but I try to keep around 10 running just to keep my ratings up on ebay and its good advertising for my website.

I run most everything in Auctions. When I have an item I want to sell at a fixed price I generally list it on Amazon. Ebay sucks as far as fixed price listings. If you list it on amazon for a good price you can sell that item in a matter of days. An item can sit in your ebay store for months and only get a few views.

I generally only list items on ebay if I cant list them on amazon and I normally do not have to re list anything as all of my auctions start at 1.00

Now I do not recommend this tactic fore everyone. I have over a quarter million dollars worth of products in my warehouse to fall back on if I have a bad sale. So loosing money on a product is just a part of general business for me. If I were you I would research the products you are selling. And their average selling prices on ebay before choosing how to start the auction. If you paid little and your item generally sells high then a $1.00 bid would be great.

If your item sells lower on ebay then you paid for it I would say list it as a fixed price item or sell it locally or somewhere else. Ebay is not the only way to make money on products. I have this problem with some of my pack buyers they only try to sell their items on ebay while our other buyers are using multiple ways to sell their items and making money while the buyer sticking with ebay has a higher risk of loosing money. Too many people think its the only way but its only 1 avenue out of over a dozen great ways to sell products.


hey jimmy,
Even with the fees of amazon being almost double ebay's, it'd be profitable to sell? Not to mention the 39.99/mo fee. It does seem that way. I looked at the average dyson vacuum cleaner selling price on ebay vs amazon and even with the higher fees (you'll be selling higher anyways on amazon-hopefully) you'll be making better margins - more so if you're selling more b/c of the monthly fee. I know they get a ton of traffic but how are the conversion rates vs ebay? Is it slow but reasonable? would it only work for brand new items vs damaged items?

I know you've hinted at shying away from ebay for now b/c of all the changes but it's hard to know how things sell on amazon since there's no historical searches (that i know of anyways). The one thing that REALLY bothers me, as far as amazon, is their AtoZ guarantee BS policy and the fixed shipping credit. It seems pretty one sided which puts the seller in the corner, moreso for the guarantee policy. It's like the buyer can make the stupidest complaint and get a refund - no questions asked... unless i'm making some wrong assumptions(i hope so). Then again i did a google search on this and the sellers that were hurt by this missed a specific deadline to reply to a complaint(their fault anyways for missing it!).

Free Member
jimmy_huber
Posts: 2867
Joined: 11 Mar 10
Karma: 
12 Nov 08 05:24:42 am
Well lets put it this way. If you want your item sold fast at your price then amazon does have a higher and quicker sell through rate. So far on amazon I have had only 1 problem with an item and a refund situation. With ebay I get them almost constantly. But I resolve most problems as fast as I can and offer an unconditional no questions asked return policy on ebay.

With the holiday season approaching and a horrible economy the retail sector is going to get hurt badly this year. But I am very confident that Ebay will be a very big winner overall as consumers search for a cheaper gift or Houseware items to use for holiday cooking.

Me and my staff are trying to get as many items inspected and ready for a big listing spree on ebay that will run though the thanksgiving weekend. And we are expecting a decent return for this work.

Ebay is your top choice for holiday sales as millions flock to it during the holidays vs any other time of the year.

I was never saying ebay was horrible just that you need to broaden your perspective on what to sell on ebay especially if your selling liquidations. I get items all the time on pallets I dont sell on ebay because I know I can get more for it on other selling venues or even at a public auction.

For instance. I had over 300 2 way radios come in on a sporting goods load.
They were in scrambled conditions and most had open packaging or missing items but most of them were the same model, so we spent a whole night separating sets and testing all the units.

They barely sold for $8 profit a set on ebay. They were nice radios retailed around $79-$149 each. I dispersed about 50 of them into my sample packs but the remaining . I made a deal with a relative that worked in a big factory. I told him I wanted $30 for each set and whatever he sold them for was his profit. He sold all of those radios for $30-$50 each in 2 weeks

I made a little over $4,000 on 2 cases of these radios. and he made $1,500 just for selling them.

Determining where, How and when to sell are your key options in this industry. But you have to ultimately make a choice on your best selling venue based on your skills as a seller and who you know. Ultimately you have to be a good salesman to make the most of the items you get. But eBay can not be your only choice.

Im currently working with a martial arts school on buying allot of Customer return boxing and training equipment. More then likely I will sell these items at half their retail value or more.


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