New policies go into effect
for eBay sellers, Bonanzle Batch Editor class and what's happening at
the Web Sellers Circle - all in this edition.
The eBay
Lawyers Roll Out New Site Changes...
Here's a quick summary
to keep you out of trouble
I used to think selling on eBay was simple. You take a few pictures, write a description and post your item for sale. And, if you did your job well – you could receive a fair return on the effort. With these new rounds of changes, which had to be written by lawyers for other lawyers, I'm reminded how complex it is to sell
online. Retailing is hard! (I know you don't want to hear that - but
it's true).
Here’s a quick summary of some the changes you need to be aware of over.
To read all the new eBay policies and procedures I recommend you grab a cup of strong coffee (or a pot full) and read through
the official 30+/- page document.
You can find it here:
http://pages.ebay.com/sell/July2009Update/Details/index.html
But, in the meantime…
here's a quick reference guide
DSR (Detailed Seller Ratings) performance scores emphasized -
part of the new eBay Seller Responsibility Policy.
(Starts Oct 1, 2009).
EBay is factoring in low DSR scores as part of its new 'Top Seller' rollout. EBay will de-emphasize the 'PowerSeller' program to favor higher DSR scores. Sellers who have 1 or 2
ratings (one star) in the Detailed Seller Ratings will be penalized while sellers with high scores
(five stars) will be rewarded with a 'Top Seller' icon.
Rewards include:
-
higher search rankings
-
up to 20% off final value fees
-
the ability to purchase the new 'featured first' listing upgrade
-
the Top Seller badge displayed on buyer facing pages
ie: listing and profile pages
To receive these perks you must have no more than 1% (of one and two star
ratings) for item as described, no more than 2% for communication, shipping time and shipping/handling charges. For what eBay considers 'high volume sellers' these averages are calculated every 3 calendar months - for the rest of us it's 12 calendar months. So, from what I’m reading a bad DSR score will haunt you, especially when it comes to receiving final value rebates, for a very long time.
My suggestions - keep
an open door policy and respond to customer emails quickly and courteously.
The buyer is in the driver seat, not you! If a customer has a problem
go above and beyond to make sure they're happy at the end of the
transaction.
EBay is offering sellers a few bones here - that will help to keep your ratings up, they are:
1) DSR scores are only calculated on domestic orders (low DSR scores from International buyers will not be included)
here's an eBay cheat sheet: http://pages.ebay.com/sell/July2009Update/LowDSRexamples/index.html
and
2) If you are a low volume seller (under 400 transactions in three months) you'll have a grace allowance of four low marks - a year.
At a glance chart of requirements and rewards can be found here:
http://pages.ebay.com/sell/July2009Update/chart/index.html
Sellers are no longer allowed to charge buyers for shipping insurance (starts Oct
1,2009).
This doesn't mean sellers are off the hook for making sure that the item arrives safely.
In fact, in any venue, you the seller are responsible for the carrier
you pick, when the package arrives and in what condition. Be sure to
factor in your carriers' reliability when choosing USPS, UPS or FedEX.
And this means you have to figure the cost of insurance into your starting price.
I know it's tricky to figure out how to roll insurance costs into an auction.
Here's my suggestion - use tools like Terapeak and Hammertap to research item selling values before you
purchase to resell. If you can't make enough on the auction to cover the shipping, handling and insurance, while maintaining your desired mark-up - don't purchase the item to resell.
Best Match (Starts around Sept 22, 2009)
EBay is adding another factor into
search ranking; it's referred to as 'most relevant' (not most
sold). EBay is now matching impressions and number of purchases as a
way to surface the items with the highest number of sales to impressions. Example: a listing which sells 10 items - but only had 100
shoppers look at the listing will rank higher in best match than an item that had 1,000
browsers look but only 10 sales.
EBay suggests honing your titles to pinpoint your buyers exactly.
Here's my suggestion - think about where your potential shopper
is in the 'buy cycle' and focus your title keywords to match. Simply put - look for the keywords that a potential buyer will type in over someone who is in
'information gathering mode'
and is only looking for information about the product. The difference is subtle, but generally people who are prepared to purchase will use longer keyword phrases -
perhaps the whole make and model number of the item - over someone who might be gathering information
and may only put in the generic product name.
There will be a new tool available on eBay called the 'Search Visibility Tool' to help you evaluate your listings.
I found no word on exact launch date for the tool.
Other factors still
included in the best match algorithm are:
-
best performance (rated as a top seller with great feedback and stellar Detailed Seller Ratings).
-
best shipping costs - of course, free is the best
-
auction style listings still receive a boost over fixed price.
Buy-It-Now - changes (starts OCT 1, 2009)
If you use an auction style listing and choose to offer a 'Buy It Now' listing be aware of the difference between the prices. The 'Buy it Now' price must be at least 10% over the action starting price.
Here's my suggestion - Only use Buy It Now if you know the
value of the item. Don't use it on collectibles where the bidding
could bring the value up. Generally, I use a fixed price listing
instead of auction style with a buy it now if I know the price I want
for an item.
Listing Upgrade Features that are being discontinued (starts Oct 1, 2009)
-
gift services
-
border
-
highlight
-
featured plus
-
home page featured
-
pro pack
More
policy and procedure changes for returns, not as described items and
disputes.
New Resolutions process for buyers. This will make it easier and quicker for the buyer to file claims against bad sellers.
For the sellers, it looks like there will be a new suite of automated emails that are sent when a buyer doesn't pay and after the third automated email (sent 96 hours after the buyer purchased) an automatic unpaid item claim will be triggered on your behalf.
EBay isn’t the warm fuzzy place many of us experienced in its early days – it is changing
into a site focused on professional sellers who offer products at lower than retail prices. While eBay will continue to consider the small
merchant and the collectible sellers as part of their user base they’re raising the bar for their inclusion in the search algorithms.
You can still do well on the site, but much of the early excitement is
gone, replaced by 'policies and procedures'.... I miss the 'old days'
for more information:
Seller Checklist:
http://pages.ebay.com/sell/July2009Update/Checklist/index.html
FAQ Page:
http://pages.ebay.com/sell/July2009Update/faq/index.html
My Favorite New
Change - photos and a chance to market your business on eBay
Starting in September eBay
will start selecting product photos taken by eBay sellers and adding
them to their catalog of photos. To compensate sellers for this
'borrowing of photos' eBay will give the photographer
attribution including user ID and a link to their profile.
I'm sure many photographers
will be annoyed with this 'lifting' of their photographs - I'm jumping
with joy over this! To me, it's a simple way to get links into my
listings.
You can opt out of this if
you choose. For those who don't - you'll have no control over what
photos are chosen or even receive notice that they've been used. Which is sad,
but that's eBay.
There are no guidelines as
to which types of photos will be selected - but I can give you a few
tips based on the Internet industry standards.
-
My guess (even though we
know they're not the best for capturing attention) for most chosen
type of photo is the all
white, floating on air shots.
-
EBay will be focused on
new products. They'll want items that sell in large quantity, but with no
manufacture provided photo.
-
The photo will have to
be in sharp focus - remember to use your tripod when photographing
-
The photo will have to
be properly exposed - if you have trouble nailing your exposures,
use your camera's 'bracketing function' to shoot one shot at what
the camera considers normal, one over exposed and one under
exposed. Chances are, one of these will be "just right"
- as Goldilocks' would say.
-
No watermarks on the
photographs
You don't have to do
anything to be included in this program. EBay will start selecting photos
automatically sometime in September.
Bonanzle - Moved
your items over from eBay, but need to tweak them all to fit the site?
Did you know you can save a lot of time and worry using the Bonanzle batch editor feature?
From replacing text to attributes and traits, The Batch Edit Queen
will walk you through the entire Bonanzle Batch editor step-by-step -
including the new syndicated seller program commission setting.
Phadera Stockstill - Bonanzle expert
and lovingly called the 'Batch Edit Queen' on the boards is
offering a new online class on how to use this tool to save time and
headaches.
Called "From
Dreaded Fiend to New Best Friend"
August
11th 2009 at 7:00pm Central Time, 8:00pm Eastern Time
Cost: $14.99
To sign up for this online
class visit Phaderas
booth and purchase your ticket.
Class size is limited, there are only 12 spots
available, and they're selling fast!
*Web Sellers' Circle
Members - please note the replay will be up on the site and viewable
for free as part of your membership subscription.
It's Official -
The eBay Marketing Bible Is Shipping
After months of seeing
only the Word documents and photos plus countless Skype calls to Cliff -I'm
relieved and delighted that this project is now a
real live bound book.
The books
are for sale here
What's in
the book:
-
build a successful marketing plan
-
brand your eBay business
-
develop strategies for individual auction listings and eBay stores
-
combine online and offline strategies to build
your businesses
-
use email marketing, search engine listings, blogs, podcasts, YouTube, and more
What's Happening At The Web
Sellers' Circle
Want Your Own
Affiliate Website Set-up for you?
One of our goals at the Web Sellers' Circle is to help our members find additional sources of income. Affiliate sales can provide a small but steady boost to your bottom line, if you have the right niche and the right web sites.
If you are a WSC member we're taking requests between now and
August 10th for our first website giveaway. We'll help one member of WSC find a profitable niche and then we'll build the affiliate income generating site. If you are curious about what I mean, this is the sort of revenue generating site that
I talked about in the Making Money with the eBay Partner Network DVD. (It's not an ecommerce site per se.)
You can see a site I put together the other day - Spy Camera Collector in almost no time, with no programming or design skills required.
This site is just one of many. Each contributes a bit of cash every month, with minimal or no extra work. It's a Set It & Forget It project that you can complete in an afternoon.
If this is something you might be interested in - join the Web
Sellers Circle to become eligible. For less than $28.00 a month (depending on which plan you choose) you'll have access to all the
videos, articles and forum information, and now a chance to have a
income generating website set up for you. (This offer in itself is
worth the price of the membership - I've seen these sites sell for
$800 or more).
The How To Set-up Your Business
Books Series Has Started
Sheryl Schuff, MBA/CPA, and I have been putting
together a step-by-step guide to setting up your business
accounting. Sheryl's doing all the hard accounting information,
and Dany's doing the technical recording part. I get to do the graphics
(so don't worry I won't be answering your tax questions - LOL).
Each week Sheryl will walk you through the steps
needed to understand, and get your business book set-up correctly.
Sheryl is going to walk us through step-by-step how to install and
set-up your QuickBooks software as well.
This is important business information every
seller needs to understand to keep their finances in order.
Video Tutorials & Webinars
Dany Byrne has produced a step by step guide to
Camtasia - an important tool for education specialists and product
developers.
Our first teleconference is recorded and available
to review - about S.M.A.R.T. goal setting for business.
I just taught the class about eBay and using
heatmaps to get the most out of your product photography.
And, we videotaped the full 90 minute panel discussion with Skip
McGrath, Kanth Gopalpur, Alice Ruldoph and myself about
transitioning from eBay to Amazon that we presented at the Amazon conference
a couple of weeks ago.
Free Articles About Doing
Business Online:
Parallel Imports are something you need to know
about if you sell internationally - read more about it here.
The Amazon Conference Round-up
one take-away from
this years conference may surprise you if you are used to selling
on eBay where you can build a premium brand by setting yourself
apart.
Local News
The eBay Success Group's August meeting will be held at a group member's home (Maureen from Mam's Linens), in Snohomish. We're moving the time a bit so you can all get there.
Time: 11:00am - 1:00pm
Where: 53 Cedar Ave, Snohomish 98290 (just a block from the main shopping street on the river)
Bring: A potluck dessert to share (Maureen's providing sandwiches)
Topic: Upcoming changes to Ebay recently announced
In September, our meetings will resume at the usual time and place.
Come enjoy a good conversation and take in the town of Snohomish after lunch!
One Last
Word

You have to help me out here - LOL - 'cause I've done it again. I set up this
scale as a demo for an eBay class several days ago and no one has
bid on it. I know the students are watching. What are they
going to think if no one bids on it? Here's
your chance to buy a really nice shipping scale for your business
- and it looks like it's going to go cheap - they normally sell in
my store for $34.98.
That's it for now,
Cindy Shebley
eBay Certified Business Consultant
author eBay Marketing Bible
www.websellerscircle.com
Copyright 200 9
Cindy L.
Shebley Enterprises
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