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Bargain Bandit Tuesday 1/15/2013

Today is Tuesday and that means it’s time for my Bargain Bandit episode. Every week, I share information about some of my recent sales, show off some favorite picks, and shout out to fellow you-

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Bargain Bandit Tuesday 1/15/2013

Games You Should Pick # 7: Pirates of th

Hi everyone! I thought since board games are my specialty, I would do a Game of the Week feature where I talk about a different board game and why you should be picking it up. We’ll call this fe

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Games You Should Pick # 7: Pirates of the Caribbean: Dead Man’s Chest Pirates Dice Game

YouTube Round-up 1-5-13 to 1-11-13

In this weekly feature, we’ll post links to various videos on YouTube that were posted in the past week. These videos may be helpful to pickers just starting out or to seasoned veterans. Or they

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YouTube Round-up 1-5-13 to 1-11-13

Highlighted eBay Post: Clue (1963)

In this weekly feature, which will be posted every Thursday, I will talk about a current listing of mine. I’ll explain why it’s a good pick-up and why it might still be for sale on eBay in

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Highlighted eBay Post: Clue (1963)

How-To Wednesdays: Checking Board Games

Every Wednesday, we’ll do a short how-to where we’ll tackle a topic in the reselling space and try to give clarity on it. eBay and other selling platforms, as well as picking itself, can b

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How-To Wednesdays: Checking Board Games for Completeness

How-To Wednesdays: Do You Need an eBay Store?

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by on December 5, 2012 at 11:12 pm

Every Wednesday, we’ll do a short how-to where we’ll tackle a topic in the reselling space and try to give clarity on it. eBay and other selling platforms, as well as picking itself, can be daunting. If you have a topic you would like to see in the How-To Wednesday topic, please leave comments and we will try to add it to the schedule. Thanks for reading!

Deciding whether to open an eBay store, and which store to open, can be tricky. eBay has attempted to make it easier by providing a calculator, which is extremely helpful and you should definitely check it out.

The questions you need to answer for yourself are these:

How many items will I be posting each month? At a certain threshold, getting an eBay store just makes sense, although sometimes, it may only be a savings for a few dollars. Knowing how many items you want to post in general will make it easier to determine if you need a store.

Will most of my items be auctions or fixed price, or a mix of both? With auction only listings, getting a store won’t make sense until you start posting about 100 auctions a month. At fixed price, the basic store (which is $15.95 a month) will start to be a little cheaper around 60 listings each month. Around 250 fixed price listings, the premium store ($49.95 a month) becomes more cost efficient. If you are only ever doing auctions, and rarely do fixed price listings, you will probably never need anything more than the basic store.

How many of my items will actually sell each month? We can list all we want, but many times, items do not sell the first or even second time we list them. One thing you will need to figure out is how many items you will expect to sell every month. If you expect to sell around 50% of your items at auction, and are not listing that many (under 100), staying with the free store is probably the best. If you only sell things you are certain will sell, and post about between 50 to 100 auctions, a basic store might be better, because eBay does give a discount off of final value fees with auctions with the basic store.

Another thing to keep in mind, with all these questions, is that if you get a store, you lose out on the free promotions eBay does all the time. They rarely do a promotion for eBay store subscribers, and the ones they do have for stores are generally not useful to all eBay sellers. eBay does a lot of promotions allowing non-store subscribers to list as many items as they want for free, either at auction or fixed price. So even if you do list over 100 auctions and 50 fixed price items a month, but are selling items that may not sell well, an eBay store may still not be a good idea, since you won’t be getting enough sales to make the extra cost worth it.

There is another advantage to an eBay store, and that is the eBay storefront. This typically will only be useful, though, to people who have a lot of items they are selling, and to those who promote their store steadily, through their sales and outside venues. The storefront can be a great marketing tool for savvy sellers.

I hope this makes the decision about getting an eBay store a little clear. Feel free to ask questions or make comments. I love hearing from my readers!

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