Auction Information

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:

Vuvox Brings Rich Slideshows To eBay Auctions
Washington Post, United States - 12 hours ago
But until recently users had to go to Vuvox's homepage directly if they wanted to include a widget as part of their auction. Now, eBay is conducting a pilot ...


Boston Globe

Mass. auctions off abandoned property on eBay
Boston Globe, United States - Dec 1, 2008
Treasurer Timothy Cahill says unclaimed property will be auctioned live from noon Thursday until Dec. 15. Some 100 new lots will be posted on Dec. 4, Dec. ...
Cahill puts 300 items of abandoned property on eBay Politicker MA
State putting unclaimed booty on the Internet auction block Trading Markets (press release)
all 13 news articles


Generals to hold two jersey auctions
OurSports Central (press release), WI - 3 hours ago
Ten jerseys will be auctioned off and the fans will get to decide if they want home or road. The auctions will take place in the lobby immediately following ...
Komets add Leo Thomas to roster OurSports Central (press release)
Komets improve to 9-6-1, Thunder rolls in Saturday OurSports Central (press release)
all 3 news articles


3 News NZ

Milkpowder prices dive in Fonterra online auctions
New Zealand Herald, New Zealand - 2 hours ago
Fonterra says whole milkpowder prices today fell for a fifth time in its internet auctions, taking them to their lowest in more than two years. ...
Fonterra Milk Powder Prices Decline for Fifth Month (Update1) Bloomberg
all 30 news articles


Business Wire (press release)

Inland Real Estate Auctions, Inc. successfully sells Highland Park ...
MarketWatch - Dec 1, 2008
19, resulting in a successful sale just six weeks after Inland Real Estate Auctions was engaged to sell the property. "This is a great example of why the ...
Robert and Melissa Storment of Real Estate Auction Associates ... Business Wire (press release)
all 12 news articles


WHDH-TV

Town of Stoneham auctions off fire truck
WHDH-TV, MA - 23 hours ago
The Public Works Department is putting a 1972 fire engine up on the auction block. Silent bids for the truck will be accepted through Friday and even though ...
Fire on Forest Street consumes garage; fire truck wouldn’t start Winchester Star
all 2 news articles


Treasury Auctions $28 Bln. In 26-Week Bills
RTT News, NY - Dec 1, 2008
(RTTNews) - The US Treasury Department auctioned $28 billion of 26-week bills on Monday, with results showing little change in demand for the securities ...


WWA Group Exhibits at Big 5 Show in Dubai
MarketWatch - 10 hours ago
"Equipment prices at our most recent auction in late October were in line with pricing at prior auctions in 2008, and we see robust interest in purchasing ...


Abercrombie Auctions International hosting Grand Auction during ...
Auction Central News, NY - 7 hours ago
Now - you can put Auction Central News Headlines right on your site! With this handy widget, your site's visitors can stay current on all the news in the ...


Rascal Flatts in Two eBay Auctions
Great American Country, TN - 4 hours ago
2, 2008 — Christmas is a giving season, and Rascal Flatts is hoping their participation will net funds for a couple of worthy charities in online auctions ...

Auctions - Google News

home | site map
© 2008