We all like to make money but after a short time once you get an excessive amount of product built up, you’ll start losing money. Why would we do that?
What happens is we get during a mindset on the worth we feel our items are worth, instead of what we will get for them. That’s why when purchasing items it is vital to stay in mind that you simply make money once you buy, Not – once you Sell.
But we also get into the territory where you are feeling you ought to get a particular price for something. We develop an emotional attachment to our products. and that is what we’d like to shake…. immediately. this is often the mindset which will make or break your auction business.
You need to be watching your products and if something isn’t pulling within the money anymore, you would like to blow it out. Product on the shelves isn’t money in your pocket…. it’s out of your pocket. Product collecting dust isn’t collecting money in your checking account .
When we relate this to your eBay business, an equivalent goes for what you’ve got in your eBay store. Keep it fresh and alive. Have special offers, just for those that are buying an auction AND a store item. Do a two for the worth of 1 deal or maybe divulge product with the acquisition of another item that’s moving quickly.
Make it something that they need and provides them a deal. Blowout product that you’ve got had for too long. this may offer you money directly and gets you product you’ll actually had best with.
So, get out of the mind frame that to you would like to form “X” amount from certain products, if they are not pulling it in, then “X” them out and move onto newer hotter products!