If you love selling on eBay (or want to start selling on eBay) I wanted to let you know that one of my favorite eBay authors of all time (and a personal friend) Lynn Dralle has just
released the 4th edition of her best-selling book series “100 Best Things I’ve Sold on eBay”.
For those of you who have ever listened to any of our”Lynn & Lisa Live!” calls, you know that when Lynn & I get talking about eBay, our energy level goes through the roof!
The same thing will happen when you read her new book “Home Run”!
What I love about this book is that Lynn takes you through the experience of sourcing & selling everyday, easy to find items…
Not only do you learn how she discovers her treasures, she tells you about their history and why they sold well.
If you’ve ever thought about selling anything online, you’ll love this book too!
Drawing from tens of thousands of eBay sales, a decade of eBay experience, and the wisdom she learned at her grandmother’s knee (a respected antiques dealer), Lynn puts together roster of stories that will teach, inspire, and entertain you!
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In celebration of her new book, Lynn is doing something very special until Thursday June 18th…
Purchase her new book “Home Run” TODAY and you’ll also receive more than $534 in downloadable resources from ten of the most successful, well-respected entrepreneurs in the eBay community.
Take a look at who has contributed!
In fact, I’ve included MY exclusive 90 Minute Teleseminar
“Know What to Sell Online in 2009 & Beyond” - an audio that I have only released ONCE before.
Get Lynn’s book + the bonuses TODAY
(The BONUS offer expires at Midnight, June 18th)
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The price of the book is less than a meal for two at McDonalds, and what you’ll learn from it can make you a lot of money this summer!
And NOW is PRIME time to pick up inventory to sell on eBay…
Lynn’s book will educate you and inspire you to do so!
(Do it while the BONUS offer is still available.)
Your Partner in Online Selling Success,
Lisa
P.S. Like me, Lynn is a single mom of two kids and has been supporting her family by running her own business for the last 10 years.
She knows what she is talking about - if you RELY on ONE income to support your family, you HAVE to know what you’re doing.
P.P.S. Lynn is also an eBay Certified Provider (one of only 35 in the country). eBay has put its stamp of approval on her and her products.
Important Update: Auctiva Announces Flat Rate Pricing
By · CommentsIf you have been following the eBay 3rd Party Listing Tool situation that I emailed my newsletter subscribers about a few days ago, I wanted to bring you an important update that just occurred tonight.
About midnight Pacific time, Auctiva Founder Jeff Schlicht sent out an email announcing a complete change in Auctiva’s new pricing structure. They are now offering $9.95 per month FLAT rate pricing. The tiered plans with a final value fee based on percentages sold have now been removed as options.
I’ve included a copy of Jeff Schlict’s email below, because I think it’s important for those of you who were Auctiva customers or are still Auctiva customers to read this message.
Note: For those of you who purchased my teleseminar & workbook “Choosing an eBay Listing Tool”, all the training, strategy and information is still 100% current and with the EXCEPTION of the PAGE that quotes the Auctiva pricing structure. I’ll be updating that page in the workbook on Wednesday.
This change in Auctiva’s pricing will make it even easier for you to compare apples to apples across the board when looking at listing tools based on the criteria that I outline in the “Choosing an eBay Listing Tool” teleseminar.
Below is the email just released from Auctiva.
PS: Please excuse any typos in this blog post, it’s 2:08am and I wanted to get this info out to you ASAP! so my fingers are flying across the keyboard.
Lisa
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Auctiva Email from Jeff Schlicht:
First of all, I would like to start out by saying that as Auctiva’s founder and CEO, I am very sorry and humbly apologize for any frustration and anxiety we caused you to experience about the future of your business over the past week and a half. I know that these recent events have greatly upset our community and I take full responsibility for that. I am asking you to give me a chance to make it right.
Flat Rate Pricing
Auctiva is officially moving to flat monthly pricing: $9.95/mo. everything included:
• 1GB Image Hosting
• A Faster, Easier-To-Use One-page Lister
• Bigger Supersized Images
• Better-looking Templates
• eBay’s Most Popular Scrolling Gallery
• Free Scheduling
• 24/7 Customer Support
• Plus all of our other time and money saving tools
In addition to our Standard flat rate plan, we have a special Starter flat rate plan for ultra-casual sellers: $2.95/mo., up to 15 listings, 500MB image hosting.
Why Change Now?
Since we first announced our new pricing structure, I’ve been listening to the community’s concerns. Considering the frank feedback you’ve provided, through email, surveys, customer support cases, our community messages boards and other forums, a few facts are abundantly clear:
•You’d prefer a simple, no-surprises flat-rate pricing structure.
•You don’t want to pay any additional FVFs.
•You want image hosting included.
•Your margins are tight.
If you are asking yourself, “Why didn’t they just use this pricing in the beginning?” the answer is that I thought our customers would like to have the choice of picking a tailored plan based on usage. Clearly, I was wrong.
All too often, large companies fail to listen to their customers. Auctiva’s brightest future includes the users who brought us this far. I am making this change now so you can get back to doing business. I sincerely hope that this pricing change allows you continue using the tools you have come to depend on.
If you have already chosen a plan and want to switch to one of the new flat rate plans, just go back and choose a new one. If you like the plan you already picked and want to stay on it, we will support that too. If you still only want to use our free marketing tools, that is still available as well. If you would like one-on-one help for any reason, contact our Customer Support team.
Thank you for your business, loyalty and understanding.
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Above was the email from Auctiva’s CEO. Now, I don’t expect any other changes in response from the other 3rd party listing tools, but in the event that someone responds with a price or feature change, you can be confident that I will send you an email with that information right away.
Your Partner in Online Selling Success,
Lisa
Lisa Suttora
Founder/CEO WhatDoISell.com
Ecommerce Strategist
Product Trend Expert
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An eBay Certified Provider
Member of the Better Business Bureau
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Could Your Sales Use a Boost This Summer?
By · CommentsCould your sales use a boost?
For online sellers, Memorial Day weekend officially
kicks off the summer selling season -
And normally, the summer is a time when many online
sellers take the time to kick back and relax a bit.
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Now while I’m all in favor of rest and rejuvenation time -
I need to be STRAIGHT with you.
If you want to make money online for the rest of 2009,
THIS PATICULAR SUMMER is NOT the time to sit back and
“rest on your laurels”.
Why?
Because even though ecommerce has been steadily growing
during the economic downturn, a lot of your competitors
have ‘thrown in the towel’ for the time being.
They figure that things are going to “look up” by
September.
(Which is crazy really when you really think about it,
because the only way your sales are going to “look up” is
if YOU take the actions to increase your sales.)
Anyway…
Waiting UNTIL September to ramp up your sales and marketing
it the BIGGEST mistake you can make this year.
WHY?
Three reasons:
1. You’ll be starting right back at SQUARE ZERO with
your competitors.
2. You’ll lose income you COULD have been making this summer.
3. There are things you need to change in
the way you sell online that MUST be implemented
before September (no matter what you sell or where
you sell).
Here’s the bottom line.
If you want to MAKE MORE MONEY this SUMMER and
through 2009 and beyond, you’ll need to keep the pedal
to the medal THIS summer, as they say.
(Yes, you can sneak in a swim and a vacation.)
But here’s the PAYOFF for you if you keep your eyes
on your business this summer:
1. You WILL make MORE money this summer.
2. You WILL make MORE money during the fall selling season.
3. You WILL make MORE money during the holidays.
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This year the PROFITS will go to those of YOU who are
actively working your business THIS summer.
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So I’ve been thinking about what I can do to
HELP you with this.
Something that will minimize the time you have to spend
WORKING on your business and MAXIMIZE your results.
And here’s what I’ve come up with. Tell me if you like it.
I am going to DEDICATE my SUMMER to helping YOU boost your
online sales.
All summer long, we’re going to focus on improving your
PERSONAL ECONOMY by INCREASING Your online Sales.
And I want to work with those of you who are interested in
doing the same.
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Not only am I going to spend the summer teaching YOU
the latest online selling and marketing strategies
designed to generate more sales RIGHT NOW and
throughout the rest of 2009.
But you’re also going to get the PERSONAL touch:
1. My HOME BASE this summer is going to be my
private Business Acceleration forum where I
will be CAMPED OUT answering your questions!
2. I’ll be hosting LIVE Q&A calls where I am on the
phone ANSWERING your most pressing business questions.
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It all starts THIS WEEK at WhatDoISell with our
Summer Kickoff Selling Class!
And you can get started for $1 buck.
For $1 you’ll get a FULL TWO WEEKS of summer training.
You can BOOST your sales in those 1st two weeks alone!
If you decide to continue mentoring with me this summer,
you’ll pay just $47 per month or $1.52 per day.
That’s LESS than the price of an ice cream cone to
INVEST in your business, INCREASE your sales, and IMPROVE
your personal economy.
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You have the opportunity to spend the summer mentoring with ME and INCREASING your online sales!
But don’t wait to claim your spot!
I’m not sure how long I can leave the $1 deal
up - because I can only mentor so many people at
once.
So even if you’re NOT sure, grab your $1 SPOT
today and decide about the summer over the next two
weeks.
Your Partner in Online Selling Success,
Lisa
Lisa Suttora
Founder/CEO WhatDoISell.com
Ecommerce Strategist
Product Trend Expert
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
An eBay Certified Provider
Member of the Better Business Bureau
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Creating Multiple Streams of Ecommerce Income
By · CommentsYou love selling physical products on the web, but you’re ready to expand into additional ways of making money online!
Learn how to leverage your physical product selling experience and discover new ways to create multiple streams of income in your existing niche.
Join me on Friday, May 1st for this exclusive WhatDoISell webinar :
“Beyond Physical Products: Creating Multiple Streams of Ecommerce Income”
This webinar is FREE to all WDIS Business Center Members. Get the webinar link here.
WDIS Business Center Alumi can register for the class by clicking this link.
To become an a member of the WDIS Business Center and attend Friday’s webinar click here.
I look forward to seeing you there!
Lisa
If you are an independent online business owner, chances are you make regular use of your credit cards to purchase inventory, procure supplies for your business and fund business development ventures.
As an independent business owner, I’ve built a profitable business since my doors opened in 2002 without an angel investor or venture capitalist funding, but I have used credit lines responsibly to fuel business expansion.
With a good credit score, a decent debt to income ratio, and on-time payments, it’s been possible for many years to get money for your business at very cheap rates.
Do You Know What’s Going on With Your Credit Card Accounts?
Unfortunately, over the past 6 months, all of that has changed dramatically as credit card companies have thrown out any previous rules for doing business with their best customers and instituted rate hikes and term changes across the board - with no regard to how long your account has been open and and even less regard to a solid payment history.
There has been a lot written in the press about this lately, but surprisingly, I talk to small business owners every day who are not aware that their credit card interest rates have changed. They haven’t read the fine print in their statements (the inserts that usually gets thrown away) and are caught completely off-guard when they find that their minimum monthly payments have sometimes more than doubled on the same balance.
And while what the credit card companies are doing to their best customers is criminal (loan sharks have been thrown in jail for less. ) and after taking billions in bailout money from the government, they are now turning to their best customers (YOU) and gouging them every way they can.
What You Need to Know & Do Now
Fortunately starting in July 2010 consumers will receive protection against the appalling practices of the credit card institutions.
And as a business owner, you need to know what is happening with this. When it comes to running a profitable business, you can’t ignore your finances.
So here are some resources for you to get up to date on what’s happening with your credit cards.
1. This article does a good job of explaining the upcoming 2010 changes.
2. Click here to read your Credit Card Bill of Rights and see if your credit card company complies.
3. Most importantly read this article now and find out what to look for on your credit card statements, what to watch out for and what to do and not do when your credit card company makes a change to your account.
Credit is the lifeblood for any small independently owned business. Even if there is nothing you can do about the changes, you must be aware of the changes in any of your credit card account, so you can adjust your business budget accordingly.
Credit Cards and Wholesale Suppliers
Above all, do not get mad and start canceling your credit card accounts in protest thinking “you’ll show them”.
This will only serve to hurt you on the back-end.
Many wholesale suppliers now require you to prepay your first order with a credit card. Many of them have also stopped extending Net 15 or Net 30 terms to their retailers and instead are processing all inventory payments by credit cards.
The bottom line is you need to have credit available to run your business.
Use Credit Responsibly
One of the things that I teach entrepreneurs in the Business Center at WhatDoISell is that you should never go into major debt to build your business.
You always need to reinvest a portion of your profits back into the business.
Putting 100% of the profits in your pocket and using credit cards to fund your growth is NOT the way to build a healthy business.
Manage your credit, manage your debt and always remember that “Cash flow is king for any independent business.”
Understanding eBay’s 2009 Spring Change Announcements
By · CommentsI just finished reading “The Ultimate Guide to eBay’s Spring 2009 Changes” published by ChannelAdvisor CEO Scot Wingo. This is a must read guide for every eBay seller. You can download your copy for free here.
In his guide, Scot takes each announced change and explains the impact on both buyers and sellers. He also highlights action steps and areas that you need to pay attention to in a yellow shaded box below each change.
Here are some additional things to think about when thinking through the eBay Spring 2009 changes:
1. The graphic with the breakout of the new View Item page. The re-design of the Item page will include larger product images. In surveying customers, eBay found that a high quality image was one of the top factors in their decision to stay on the Item page and continue reading. (Something that is true across the web.) The larger product images mean that if your photo quality is not top notch, it will hurt your sales.
eBay is now recommending product photos of 1,000 x 1,000 pixels and up. And at this size, it’s critical that your lighting is good, backgrounds are clean and photos are crisp.
2. Test the new listing page with your existing template. At the top of the each View Item page is an option that says “Switch to the new version of this page.” We’re here in April 2009 and the sooner you test out your existing listing template in the new View Item template the better.
3. Multi-variation listings. This will be a huge change for sellers and will require reevaluating your listing strategies in cases where you sell multiple variations of the same item. If you’ve been on eBay for anything length of time, you remember when eBay allowed you to create choice listings. With a choice listing you were able to specify in your listing that you had multiple colors/sizes of an item available. The buyer purchased your product and then sent you an email to let you know which size/color he wanted.
With the new multi-variation listings, eBay’s software will be set up so that you can create a listing that shows your buyer on the page what variations of the product you carry. In his report, Scot explains the pros and cons of this new format.
You’ll want to pay close attention to the yellow box in that section that explains how this may or may not benefit your business. The thing to keep in mind about the introduction of multi-variation listings is that this type of product display is what customers are used to on other sites such as Amazon, Buy.com, Gymboree, Nordstrom.com etc.
As a consumer, if I like a particular shirt that you sell, I don’t want to have to click in and out of 14 different listings to see all the colors it comes in. I want one listing that shows me all the colors and sizes that the shirt comes in. So even though this new listing format will take some getting used to, please understand that from a sales conversion standpoint, the multi-variation listing format is practically guaranteed to increase your sales.
4. eBay is making it easier for buyers to return products. This is a win in the trust category, but will likely lead to increased product returns. I believe this will be one of the hardest areas for people to adjust to, especially if you are running your business on a thin profit margin.
This will force people to make some changes in their product line and also to look at their bottom line and figure out how to increase the overall profit margin of their business.
The reality of it is that returns are a part of doing business. Not a pleasant part, but a part that needs to be planned for. With the new eBay return policy, you need to budget for a certain percentage of returns and factor that in as the cost of doing business.
5. Take a look at what Scot talks about in regards to the SmartFAQ - the FAQ that is designed by content in your listings to answer buyers questions. I have mixed feelings on this one.
Yes it will streamline time and decrease customer questions - but it will also decrease customer contact which will limit your ability to turn a customer contact into a sale. In the WDIS Business Center one of the things we teach our sellers is exactly how to turn a customer question into your next sale. And it’s a very powerful sales method. So I’m not 100% behind the automation of your customer’s questions.
6. The big picture - Scot’s report has a great graphic representing eBay’s new focus and the areas of opportunity. Scot mentions the need to prepare for an influx of larger retailers in the secondary market by creating a safe protected niche to sell in.
I agree with Scot wholeheartedly and I take it one step further. Unless you are a big company, in 2009 buyers are buying people , value and information not just products. I go into this in-depth in my 2009 SMART Spring & Summer Action Plan, available to members of the WDIS Business Center.
No matter what direction eBay eventually sails in, if you are a solopreneur with a desire to build an online business around a commodity product and you don’t want to add value to your offering - you’re going to experience a lot of hard days & nights watching your products go unsold and your profit margins erode.
However, if you have an interest in adding your spin to your offerings, making the connection with the customers and providing value through niche product information and support - NOW you have a viable business model on eBay or any other marketplace.
eBay Just Upped the Ante in the Keyword SEO game.
By · CommentsIf you sell “1 at a time” items (i.e. 1 shirt, 1 toaster, 1 plate) OR one-of-a-kind (vintage, collectible items) *as of yesterday* your eBay title and description keywords just got MORE important.
The Policy Change:
This week, eBay announced it was removing limits on the number of items it will display from a single seller on one page (currently the limit is 10 items per page).
Because of the new Fixed Price, multi-quantity, 30-day listings - eBay has found that more sellers are combining their duplicate products into 1 FP 30 listing (and getting the benefit of the Recent Sales boost in best match.)
Which is great if you sell multi-quantity items.
“But what About Your INDIVIDUAL Product Listings?”
If you sell “1 at a time” items this means that you need to focus MORE on using highly searched keywords in your listing titles and descriptions.
SEO will become a key component in the “race for space” between FP 30 listings and “1 at at time” items.
Why? Because big VOLUME sellers using FP 30 do NOT tend to spend a lot of time testing and tweaking their title and descriptions.
This leaves the door WIDE OPEN for YOU to come in and ace them in the area of eBay listing title & description keyword SEO.
The Problem:
But the problem is - how do you know EXACTLY what keywords buyers are searching for on eBay?
There’s Good News:
The good news is that eBay actually HAS all the keyword information in their massive keyword database. Read More→
eBay Analyst Day: What Every Online Seller Needs to Know
By · CommentsThe topic of this blog post is not to assess eBay’s direction in light of the recent eBay Analyst Day, there’s plenty of in-depth analysis to go around.
The focus of this blog post is however, to discuss what the statements made at eBay’s Analyst Day mean for sellers and what you need to know about your business on eBay (or your potential business on eBay) in the coming year.
It does require though, that I spotlight probably the most important statement that John Donahoe made (as it relates to online sellers).
We aren’t a retailer,” said Mr. Donahoe, who took over as CEO from Meg Whitman early last year. “We’re going to focus where we can win.”
eBay is now stating that they are abandoning their pursuit of being an Amazon like retailer in pursuit of the “lucrative secondary market”.
*Note: I know eBay has been in the secondary market all along, but I don’t want to get off on that tangent.
Yes, it’s true, eBay has changed courses again. So what does this mean for your business?
Everything. And nothing.
Let me explain… Read More→
Do you often find yourself with more questions about your online business than answers?

