Managing hundreds of simultaneous auctions is hard work. Most PowerSellers end up working more than a standard 8-hour day, and more than five days a week. (eBay reports that most of their PowerSellers work anywhere from 10 to 16 hours a day on their auctions!) The time it takes to find new items to sell, photograph them, write detailed item descriptions, post the auctions, send post-auction emails, and pack and ship all those items quickly adds up. The more auctions you list, the more it behooves you to automate as much of the auction process as possible. For most PowerSellers, that means signing up with one of the big websites that offer bulk listing and post-auction management, such as Ándale (www.andale.com), Auctiva (www.auctiva.com), SpareDollar (www.sparedollar.com), or Vendio (www.vendio.com). Be sure to factor the site's fees into your cost structure, and let them help you manage all your auctions. Note
You should also try to automate your physical auction activity. That means creating some sort of auction "office" or workspace in your home. This workspace should include everything you need in order to create auction listings (including your digital camera and scanner) and to pack and ship your finished auction items. In addition, you'll need space to store all your excess auction inventory; this may be your basement or garage, or even a rented storage locker. Automating your processes also means establishing some sort of auction-related schedule. Pick one or two days a week to launch all your auctions; pick one or two days to visit the post office. Stick to your schedule and you'll avoid running around like a chicken with your head cut off; after all, dead chickens aren't known for their business efficiency. Tip
On the subject of shipping, you should try to simplify your packing and shipping activities as much as possible. This means limiting the types of items you sell to just a few so that you can standardize on packaging. It's much easier to stock just one or two different-sized boxes than it is to store a dozen or more sizes. If you sell a limited variety of merchandise, you'll also be able to better estimate your shipping costs ahead of time. "Mike Sez"
Using Caitlin's iron-on transfer business as an example, this is a great item to sell. She's dealing with a standard-size product that's both flat and lightideal for shipping in an oversized envelope, at a flat rate. This means she can not only purchase shipping envelopes in bulk, but also purchase postage ahead of timeand eliminate those regular trips to the post office. |