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London Fog Coats: If you are looking for a way to earn income from home, consider selling products online. Whether you only sell occasionally, such as when you clean out your closet or have a London Fog Coats or other product, selling online is convenient and potentially lucrative. Learn how to sell your products in established marketplaces, such as eBay or Etsy, or create your own website with a storefront. Find effective ways to promote your product, and set up a payment gateway account.
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1. Choose a product to sell. The most popular items in eBay’s marketplace are electronics, clothing and accessories, and collectibles. Sell used items from your home, or sell new items for a profit.
- Popular electronics include laptops, game consoles, televisions and cell phones. Sell new, used or refurbished electronic items.
- Used and new designer suits, shoes and handbags sell well. Wedding dresses are also popular.
- Popular collectibles include remote control cars, American Girl dolls, new and vintage Lego sets and action figures, stamps and trading cards.
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2. Set up a seller account. Select a username and password. Confirm the contact information eBay has on file for you. Provide a valid credit card, debit card, or bank account information for paying seller fees. Select the payment methods you will accept, such as Paypal, merchant credit cards or payment on pickup. Although it is not required, it is recommended that you get PayPal verified.
- Pay insertion fees when you list an item. The amount depends on the category of the item and the selling format you choose. You are responsible for these even if the item doesn’t sell.
- Pay final value fees when the item sells. These are calculated as a percentage of the total amount of the sale.
- Getting Paypal verified means that you have complied with PayPal’s verification process to establish your identity. This process increases your security.
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3. List your item. Write a description of the listing. Post pictures of the item. You can post up to 12 pictures for free. Price your item. Decide how much you will charge for shipping.
- Follow eBay’s suggestions for writing the listing description based on successful listings of similar items. Or, write your own original listing description. Describe the item using straight-forward language. Connect with interested shoppers by selecting the most relevant category and using descriptive keywords.
- Take several photos of your item from different angles.
- Research active and completed listings for similar items to determine a fair price. Recommendations for shipping prices are provided by eBay.
4. Promote your items. Write a blog post to notify readers of your sale. Post on Facebook and Twitter to let your followers know you are selling on eBay. Drive more traffic to your eBay store with promotion boxes. These are graphic displays that advertise featured items and sales. You can use eBay’s guided setup to create a promotion box, or you can create your own design.
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5. Manage your listing. Check the “Sell” section of your “My eBay” dashboard to see if anybody has viewed, bid on or purchased your item. Revise your listing if you think you need to. Answer questions from potential buyers. Establishing trust make them more likely to buy from you.
6. Complete the sale. Provide excellent customer service in order to receive positive feedback. Communicate with your buyer about shipping. Make sure you have received payment before you ship the item. Package your item securely and with care. Create a shipping label and packing slip on eBay.
- Creating a shipping label on eBay is free and convenient. Just print it out and tape it to your package. Tracking and delivery confirmation information are uploaded to eBay so you and your customer can track the package.
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7. Join and set up shop on Etsy. It is free to become a member and create a shop. Give your shop an original, interesting name that customers will remember. Choose a name that reflects your style and refers to the product you are selling. Announce your new shop on social media. Post about it on Facebook, Twitter and your blog to direct traffic to your shop.
8. Add listings. Sign into your account and go to Your shop > Quick links > Add a listing. Click on the “add photo” icon to add photos to your listing. The first image becomes your thumbnail. Give your item a descriptive title with searchable terms. Use dropdown menus to select the type of item and category. Write a thorough description. Set the price. Set your shipping price.
9. Pay seller fees. Each item listing costs $0.20 USD. Listings remain active for four months or until the item sells. Transaction fees are 3.5 percent of the final sale price. Fees are accrued to your seller account monthly. You need to have a credit card on file for paying seller fees.
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10. Get paid. Etsy provides a direct checkout service. Customers from anywhere in the world can pay in their local currency. Funds are deposited into your account in your local currency. You can also accept payments from Paypal, checks or money orders.
11. Market your shop. Participate in social media to promote your items for free. Use Facebook, Twitter, Tumblr and Pinterest to advertise your shop. Join an Etsy team. These are groups of members who support each other to grow their businesses.
Use Promoted Listings, Etsy’s on-site tool for advertising your shop and products.
Building Your Storefront
12. Create a website to sell your product professionally. If you feel confident enough about your business to branch out on your own, develop a website that acts as a storefront for selling your products. Learn about the ins and outs of designing and hosting a website. Organize your site to guide customers through categories of products. Write content to promote your products. Get paid through a payment gateway account and merchant credit cards.
13. Register a domain name. This is the web address of your online business. Find a name that isn’t already taken. Most registrars charge a fee for claiming the domain name. You will need a credit card or PayPal account to pay this fee. Domain name registrars include GoDaddy, Namecheap, 1&1 Internet and Dotster.
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14. Choose hosted shopping cart software if you are not confident with technology. They will manage the hosting, security and coding if you do not know how to do it yourself. They typically offer a user-friendly, non-technical interface. You can quickly upload your products, connect to a payment processor and start selling. However, you may not have much flexibility to modify the functions they provide. You will receive technical support from support staff. Examples include Shopify, Bigcommerce, Wix, Weebly, and Squarespace.
15. Choose self-hosted open source shopping cart software if you can manage the hosting, security and coding yourself. These are standalone programs that require you to install them into your own host. You can design them to operate the way you want them to. Choose from several advanced features that let you customize your customers’ shopping experience. You must manage all of the technical aspects yourself or hire someone to do it for you. Examples include Magento, Word Press with WooCommerce and Open Cart.
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16. Choose a web host if you are using a self-hosted open source shopping cart software. A web host gives you space on the internet and support for building your ecommerce site. You will have to pay for site maintenance, search registration and site development.
- Free web hosts are available, but you have to deal with disadvantages. These include advertising on your page, a limited amount of web space (typically under 5 MB) and limits on file sizes and types. Also, they may be unreliable and slow which may cost you customers.
- Choosing a commercial web host has advantages. They are faster and more reliable, and you can purchase enough bandwidth to transfer more data to customers, such as music and videos. You can purchase more web space and they offer technical support. Also, you can have email addresses at your own domain.
- Choose a web host that lets you set up a secure SSL server. This gives you a website that begins with “https://” instead of http://. Expect additional charges, but you will need this if you plan to accept credit card payments.
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17. Choose a template for your website. Your software may offer hundreds or even thousands of different templates. Choose one with background graphics and visual images that give your website the image you desire. You may even find graphics that reference the product you are selling. Many templates are free. However, consider paying for a premium template to find one that fittingly complements your business.
18. Choose advanced tools to expand your website. These are provided with your software. If your business is small, you may be able to manage processes like shipping and bookkeeping manually. However, when your business starts to grow, you may want to automate some of these functions. This frees you up to deal with the other administrative and operational issues of your growing business. Shopify and Bigcommerce both offer apps that can increase their capabilities.
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19. Organize your website. Think about what your website will look like and how you want your customers to use it. Determine the location and size of your logo and other visuals. Create menu selections that guide your customers through the pages of your online store. Start with a home page, and choose other menu selections and submenus that organize the information on your website. Identify the kind of information you want on each page. Your software will give you options for setting up your storefront with different formats and styles.
20. Develop content. Ecommerce content creates a superior shopping experience for your customers. Most of your content will be unique product descriptions and customer reviews. But it may also include buyer’s guides, videos, photographs or comparison tools. Do keyword research to identify terms your customers search for and use them in your content. Balance usefulness with relevancy. You don’t want to go overboard and clutter your site with too much information. Give your customers a satisfying experience that convinces them to purchase.
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21. Start an email list. One of the most effective online marketing techniques available is also one of the oldest – digitally speaking, of course. What is it? Email! When you get people to sign up for an email list, you’re building a group of potential customers who are already engaged enough to want communication from you. With an email list, you can keep interested people aware of new products, sales, deadlines, and more so that they’re more likely to make purchases. How likely? According to a survey from Marketing Sherpa, businesses report a 119% ROI for their email campaigns. That’s sure to help you sell products online.
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