Marketing Your eBay Business
Presentation by Cindy Shebley www.clovercity.com Copyright 2008
Many people feel like selling and marketing is almost the worst job………
When most people think of marketing they think of the used car salesman…
Neither of those are true. It’s going to take some time, but once you’ve built a loyal base of buyers you’re going to find it’s a lot easier to sell to your goods. In this presentation:
Marketing eBay Style Improve sales by writing effective listings
Marketing eBay Style Use the tools eBay provides you as an eBay store owner
Marketing eBay Style Show you how to use eBay’s social networking features to build loyal customers
What are your goals?
Set your goals – look at what your company is, who you want it to be and what the outcome of your business is.
When you have a business plan, it will be much easier to create a marketing plan with actionable goals.
Build A Marketing Plan Who’s your ideal client? What do they like Where do they go on vacation Where/how do they shop How old are they Where are they going to ‘hang out’?
Old style  marketing is out!
Word of Mouth Buyers have always shared advice with each other about purchasing decisions and now it’s as easy as a few mouse clicks. People find opinions on every product or purchase from a trusted peer by using the Internet.  And we internet sellers can harness that power!
Security & Confidence 88%  reported they are more likely to buy from a company they trust* First step is understanding what exactly a customer wants from you: *from the Edelman Trust Barometer
The Edelman trust barometer further states: “ the most powerful drivers of trust are  quality  of products or services, customer service and a company’s overall  reputation ”
Trust = Customers Although you may think these are simply the mechanics of selling on eBay, how you present yourself and your store  is marketing  your business.
Be Consistent  Create a uniform template and use it through-out your listings Hire a designer or use a free service like Auctiva.com
Know Who Your Customer Are so you can talk to them in their language
Fair Terms Of Service Want to know a marketing secret? 70% of shoppers say a return policy is  very  important in a purchase decision.
Respond Quickly
Create A FAQ via Ask The Seller A Question
You can set up a ‘Frequently Asked Questions’ (FAQ) display for your buyers. When they hit the ‘ask the seller a question’ the FAQ questions will be displayed from a drop down menu.
Follow Through “ I twittered about my love of Kayak.com, and they twittered back. And Fast!”
“ American Airlines is now my mortal enemy.  “ “ I got the same message. Good luck with that American. “ “ Bogus. If AA doesn't show up in my Kayak results, I'll just have to assume they don't fly between LA and Chicago anymore. “ An unhappy customer is likely to tell  many more  people about their experience than the happy one did. An unhappy customer posting on a Blog for hundreds or even thousands of readers is something you really don’t want.
eBay Listing Upgrades 2%  or less
Now that we’ve covered customer service as marketing, let’s look at the tools eBay provides
Subtitle Branding your business with the subtitle gives you a lead on the competition. A consignment seller in a certain industry can make it easy for repeat purchasers to find you while looking through the listings by using a simple subtitle like:  “ Another great auction by ABC Trading Company.”
Sell on International Site 13% increase in bidding activity if you offer it for sale internationally 6% improvement in sell-through-rates if available to Canadian shoppers Approx 44% of eBay users are outside the USA
Gift Icon Add the gift icon at the end of your listing title as a way to up-sell your buyer. Time starved customers will happily pay a little extra to have you wrap their gift and send it to the recipient.
Bold – Border - Highlight
Write An Attention Getting Listing Simple Things To Optimize Sales Tell them benefits over features Relieve customer anxiety Add a sense of urgency Ask for the sale
Long or Short Sales Copy? Bar of soap = short Unknown Gadget = long
WIIFM “ What’s in it for me?” It doesn’t matter what the product is – WIIFM is the number one question on the buyers mind. It may sound jaded but that’s the truth, your customers whole reason for considering the purchase is about them, not you.
Benefits Over Features Benefit tells a customer how it solves a problem or will improve their lives Feature talks specifically about the product
Sample Feature:  “Mint Flavored Toothpaste” Benefit:  “Minty fresh flavor delights your taste buds and leaves your smile sparkling white.”
Add A Sense Of Urgency
Your buyers are interested in buying, you’ve brought them all this way it would be a shame if they decided to click out and do a little price comparison shopping now wouldn’t it? You know it’s likely once they click out they’ll never return. The listing must have a ‘call to action’.
Your job is to get the buyer to click on one of those buttons instead of the ‘add to watch list’ link.  Offer:  - Limited quantity - Bundle products – make them limited editions - Put time limits on your special offers
Ask For The Sale “ Click the buy now button to get this to you ASAP” “ Don’t miss this   auction by forgetting to bid - scroll down and place your bid now”
Incentives & Rewards My Store Rewards (repeat buyer rebate program) Add a value added bonus (create an user guide and press it onto a CD or print it out) Combine Shipping
PACKAGING Label on the box – who’s it from? Using services like endica & stamps.com can help branding Unboxing – how’s your item wrapped? Make sure your item wrapping matches expectations Toss-ins  Use VistaPrint.com or create your own material
VistaPrint PDF www.clovercity.com/vp.htm
About Me
Sticky Note  - WIIFM
Build Your Brand With An eBay Store Hire a designer:  Sharon Ware Dandelion Consulting  her url: http://www.dandelionconsulting.com Use templates available from eBay at:  http://pages.ebay.com/storefronts/designcenter.htm
RSS R eal  S imple  S yndication – turn on your feeds
Markdown Manager Shoppers love sales and this is one way to entice them into buying or returning.
Promo Boxes
Newsletters
Newsletters “…but I only have a few names on my list….”
Newsletters Harris pole study 68% of online shoppers fell compelled to browse an online retail website after receiving an email from the store
What to write about? Newly listed items
What to write about? Newly listed items Special email members only
What to write about? Newly listed items Upcoming limited editions Sales
What to write about? Newly listed items Upcoming limited editions Sales Build rapport by writing tidbits about you company, product benefits or information related to the products you are selling
My World
Adding Modules to build SEO
Bio What Everyone Should Know About Me Things that I Sell  Things that I buy Hobbies – Movies – Music – TV Shows Fill In Your Own Stuff Business Information
Let’s Start Networking Social Marketing on eBay
Back To Trust!
Time Make no mistake; social marketing takes time to succeed. You must build relationships with potential clients and participate in their chosen venue. Think of it as online networking. When you network outside your business, whether in person or on the web it takes ‘face’ time. You must be present.
Find Your Community
eBay’s Community
Neighborhoods
Neighborhoods Product thumbnails Product Reviews Blogs
Discussion Boards
Groups
Groups   Your Private Club
Reviews & Guides
Reviews
Guides
eBay Blogs
Watch For The Book The eBay Marketing Bible   By Cliff Ennico & Cindy Shebley www.clovercity.com
Photos in this presentation were used under creative commons license Thanks to the photographers of Flickr!

Marketing Your Ebay Business

  • 1.
  • 2.
    Presentation by CindyShebley www.clovercity.com Copyright 2008
  • 3.
    Many people feellike selling and marketing is almost the worst job………
  • 4.
    When most peoplethink of marketing they think of the used car salesman…
  • 5.
    Neither of thoseare true. It’s going to take some time, but once you’ve built a loyal base of buyers you’re going to find it’s a lot easier to sell to your goods. In this presentation:
  • 6.
    Marketing eBay StyleImprove sales by writing effective listings
  • 7.
    Marketing eBay StyleUse the tools eBay provides you as an eBay store owner
  • 8.
    Marketing eBay StyleShow you how to use eBay’s social networking features to build loyal customers
  • 9.
  • 10.
    Set your goals– look at what your company is, who you want it to be and what the outcome of your business is.
  • 11.
    When you havea business plan, it will be much easier to create a marketing plan with actionable goals.
  • 12.
    Build A MarketingPlan Who’s your ideal client? What do they like Where do they go on vacation Where/how do they shop How old are they Where are they going to ‘hang out’?
  • 13.
    Old style marketing is out!
  • 14.
    Word of MouthBuyers have always shared advice with each other about purchasing decisions and now it’s as easy as a few mouse clicks. People find opinions on every product or purchase from a trusted peer by using the Internet. And we internet sellers can harness that power!
  • 15.
    Security & Confidence88% reported they are more likely to buy from a company they trust* First step is understanding what exactly a customer wants from you: *from the Edelman Trust Barometer
  • 16.
    The Edelman trustbarometer further states: “ the most powerful drivers of trust are quality of products or services, customer service and a company’s overall reputation ”
  • 17.
    Trust = CustomersAlthough you may think these are simply the mechanics of selling on eBay, how you present yourself and your store is marketing your business.
  • 18.
    Be Consistent Create a uniform template and use it through-out your listings Hire a designer or use a free service like Auctiva.com
  • 19.
    Know Who YourCustomer Are so you can talk to them in their language
  • 20.
    Fair Terms OfService Want to know a marketing secret? 70% of shoppers say a return policy is very important in a purchase decision.
  • 21.
  • 22.
    Create A FAQvia Ask The Seller A Question
  • 23.
    You can setup a ‘Frequently Asked Questions’ (FAQ) display for your buyers. When they hit the ‘ask the seller a question’ the FAQ questions will be displayed from a drop down menu.
  • 24.
    Follow Through “I twittered about my love of Kayak.com, and they twittered back. And Fast!”
  • 25.
    “ American Airlinesis now my mortal enemy. “ “ I got the same message. Good luck with that American. “ “ Bogus. If AA doesn't show up in my Kayak results, I'll just have to assume they don't fly between LA and Chicago anymore. “ An unhappy customer is likely to tell many more people about their experience than the happy one did. An unhappy customer posting on a Blog for hundreds or even thousands of readers is something you really don’t want.
  • 26.
  • 27.
    Now that we’vecovered customer service as marketing, let’s look at the tools eBay provides
  • 28.
    Subtitle Branding yourbusiness with the subtitle gives you a lead on the competition. A consignment seller in a certain industry can make it easy for repeat purchasers to find you while looking through the listings by using a simple subtitle like: “ Another great auction by ABC Trading Company.”
  • 29.
    Sell on InternationalSite 13% increase in bidding activity if you offer it for sale internationally 6% improvement in sell-through-rates if available to Canadian shoppers Approx 44% of eBay users are outside the USA
  • 30.
    Gift Icon Addthe gift icon at the end of your listing title as a way to up-sell your buyer. Time starved customers will happily pay a little extra to have you wrap their gift and send it to the recipient.
  • 31.
    Bold – Border- Highlight
  • 32.
    Write An AttentionGetting Listing Simple Things To Optimize Sales Tell them benefits over features Relieve customer anxiety Add a sense of urgency Ask for the sale
  • 33.
    Long or ShortSales Copy? Bar of soap = short Unknown Gadget = long
  • 34.
    WIIFM “ What’sin it for me?” It doesn’t matter what the product is – WIIFM is the number one question on the buyers mind. It may sound jaded but that’s the truth, your customers whole reason for considering the purchase is about them, not you.
  • 35.
    Benefits Over FeaturesBenefit tells a customer how it solves a problem or will improve their lives Feature talks specifically about the product
  • 36.
    Sample Feature: “Mint Flavored Toothpaste” Benefit: “Minty fresh flavor delights your taste buds and leaves your smile sparkling white.”
  • 37.
    Add A SenseOf Urgency
  • 38.
    Your buyers areinterested in buying, you’ve brought them all this way it would be a shame if they decided to click out and do a little price comparison shopping now wouldn’t it? You know it’s likely once they click out they’ll never return. The listing must have a ‘call to action’.
  • 39.
    Your job isto get the buyer to click on one of those buttons instead of the ‘add to watch list’ link. Offer: - Limited quantity - Bundle products – make them limited editions - Put time limits on your special offers
  • 40.
    Ask For TheSale “ Click the buy now button to get this to you ASAP” “ Don’t miss this auction by forgetting to bid - scroll down and place your bid now”
  • 41.
    Incentives & RewardsMy Store Rewards (repeat buyer rebate program) Add a value added bonus (create an user guide and press it onto a CD or print it out) Combine Shipping
  • 42.
    PACKAGING Label onthe box – who’s it from? Using services like endica & stamps.com can help branding Unboxing – how’s your item wrapped? Make sure your item wrapping matches expectations Toss-ins Use VistaPrint.com or create your own material
  • 43.
  • 44.
  • 45.
    Sticky Note - WIIFM
  • 46.
    Build Your BrandWith An eBay Store Hire a designer: Sharon Ware Dandelion Consulting her url: http://www.dandelionconsulting.com Use templates available from eBay at: http://pages.ebay.com/storefronts/designcenter.htm
  • 47.
    RSS R eal S imple S yndication – turn on your feeds
  • 48.
    Markdown Manager Shopperslove sales and this is one way to entice them into buying or returning.
  • 49.
  • 50.
  • 51.
    Newsletters “…but Ionly have a few names on my list….”
  • 52.
    Newsletters Harris polestudy 68% of online shoppers fell compelled to browse an online retail website after receiving an email from the store
  • 53.
    What to writeabout? Newly listed items
  • 54.
    What to writeabout? Newly listed items Special email members only
  • 55.
    What to writeabout? Newly listed items Upcoming limited editions Sales
  • 56.
    What to writeabout? Newly listed items Upcoming limited editions Sales Build rapport by writing tidbits about you company, product benefits or information related to the products you are selling
  • 57.
  • 58.
  • 59.
    Bio What EveryoneShould Know About Me Things that I Sell Things that I buy Hobbies – Movies – Music – TV Shows Fill In Your Own Stuff Business Information
  • 60.
    Let’s Start NetworkingSocial Marketing on eBay
  • 61.
  • 62.
    Time Make nomistake; social marketing takes time to succeed. You must build relationships with potential clients and participate in their chosen venue. Think of it as online networking. When you network outside your business, whether in person or on the web it takes ‘face’ time. You must be present.
  • 63.
  • 64.
  • 65.
  • 66.
    Neighborhoods Product thumbnailsProduct Reviews Blogs
  • 67.
  • 68.
  • 69.
    Groups Your Private Club
  • 70.
  • 71.
  • 72.
  • 73.
  • 74.
    Watch For TheBook The eBay Marketing Bible By Cliff Ennico & Cindy Shebley www.clovercity.com
  • 75.
    Photos in thispresentation were used under creative commons license Thanks to the photographers of Flickr!