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Why The 1 Cent Auction Is Killing The Ebay Ebook Market



I


n this article we expose        The main reason people buy 1p     
the myths that many eBay        eBooks are to build feedback      
sellers believe. They           points, they’re not going to take 
believe they can actually make        a second glance at your eBook.    
money from 1 cent eBay auctions –                                       
but they won’t think that after       Instead, consider some SEO work   
reading this article.                 on your site, write articles,     
                                      submit to search engines, create  
*MYTH 1*                              a free viral eBook, participate   
                                      in JV’s, participate in giveaway  
Selling 1p eBooks are ideal for       promotions, get reciprocal links, 
backend sales and website sales.      invest in an affiliate programme, 
                                      sig files on forums, (do not      
Total utter rubbish! Do you           spam) pay per click advertising,  
honestly believe that people who      create a newsletter and the most  
pay 1p for an eBook will bother       important of them all – continue  
to read it? Maybe 5% will. But        to add more content to your site. 
that means you have to sell 100                                         
just to get 5 visitors to your        *MYTH 2*                          
website.                                                                
                                      Selling 1p eBooks are ideal for   
Not only that, but buyers of 1p       building a strong, positive       
eBooks are freebie seekers and        feedback.                         
not willing to loosen the purse                                         
strings so to speak. If you’re        Nope, wrong again! eBayers aren’t 
selling an eBook for just £5 on       stupid. They’ll see you’re        
your website, can you really          selling hundreds of items for 1p  
imagine them whipping out the         and they know the feedback        
plastic?                              comments you get mean diddly      
                                      squat.                            



                                      To qualify, members must:         
In addition to that, the majority                                       
of buyers aren’t going to bother      • Uphold the eBay community       
leaving you feedback for a 1p         values, including honesty,        
purchase, especially if it’s of       timeliness and mutual respect     
poor quality.                         • Average a minimum of £750 in    
                                      sales per month, for three        
Instead, invest in a few resale       consecutive months                
rights products that you can sell     • Achieve an overall Feedback     
for £2 - £3 - £4 and make a few       rating of 100, of which 98% or    
CONSISTENT sales every day. If        more is positive                  
you just make 3 sales from one        • Have been an active member for  
product per day and have 15           90 days                           
products that you’re selling,         • Have an account in good         
then that’s excellent profit          financial standing                
potential and you’re building a       • Not violate any severe policies 
solid, positive feedback that         in a 60-day period                
will be respected by eBay             • Not violate three or more of    
members.                              any eBay policies in a 60-day     
                                      period                            
*MYTH 3*                              • Maintain a minimum of four      
                                      average monthly listings for the  
Selling 1p eBooks will make me an     past three months                 
eBay power seller and earn me                                           
respect from the eBay community.      Look at the second requirement.   
                                                                        
eBay have set out certain             Now, I’m no mathematician and I   
guidelines that entitle you to        don’t have a calculator handy but 
power seller status.                  I work that out to mean that you  
                                      would have to make at least 75000 



sales (give or take a 0) every        these many customers would be     
month for the rest of your eBay       impossible and your inability to  
career to retain your power           answer e-mails quickly and        
seller status.                        re-send items could easily lead   
                                      to negative feedbacks – therefore 
Firstly, selling 75000 items per      disqualifying you further from    
month is impossible and secondly,     power seller status.              
can you imagine dealing with all                                        
the questions from buyers,            “Achieve an overall Feedback      
re-sending eBooks that were           rating of 100, of which 98% or    
failed by your automation (if you     more is positive”                 
have automation) and leaving          

                              
feedback comments. Dealing with       






About the Author:

James Penn is an experienced eBay seller and owns make money on eBay website http://www.auction-enterprise.com and http://www.powerseller-challenge.com You may also like a bunch of free eBooks and you can grab them here http://www.auction-enterprise.com/free-ebay-ebooks.html


Read more articles by: James A Penn

Article Source: www.iSnare.com


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    Why The 1 Cent Auction Is Killing The Ebay Ebook Market