Maximizing Profits For Big Holiday & End of Year Sales
If you are looking to make the most money with the least amount of work, this is the time of year to do it. However, you could truly shoot yourself in the foot, if you don't spend at least a little time trying to maximize your profits and what you sell.
1. Are you selling the right items? Kids electronics would be one of the wisest picks.
2. Are you selling popular items with good profit margins? Do you want to make $4 or $40 per sale? Process 20 items for $4 or two items for $40 profit?
3. Niching your keywords and categories. Why fight with hordes of other sellers for a tiny piece of the pie when you can make your own pie by merely using terms your competitors are not using and listing in categories they did not realize were valuable.
4. Maximizing the amount of items and listings you have up.. You can easily double, triple your profits, merely by selling more items by maximizing how often you list them..
Part of that is to have different categories and titles alternate per different days and times.. This gives you more pull for your sales..
Also, knowing the best times to sell. When people get home from work, your listing ends.. That is the perfect time.. Or, 6 to 8pm PST.. Also Friday - Sunday tend to be slightly better for these types of items (hence Black Friday).
1. Are you selling the right items? Kids electronics would be one of the wisest picks.
2. Are you selling popular items with good profit margins? Do you want to make $4 or $40 per sale? Process 20 items for $4 or two items for $40 profit?
3. Niching your keywords and categories. Why fight with hordes of other sellers for a tiny piece of the pie when you can make your own pie by merely using terms your competitors are not using and listing in categories they did not realize were valuable.
4. Maximizing the amount of items and listings you have up.. You can easily double, triple your profits, merely by selling more items by maximizing how often you list them..
Part of that is to have different categories and titles alternate per different days and times.. This gives you more pull for your sales..
Also, knowing the best times to sell. When people get home from work, your listing ends.. That is the perfect time.. Or, 6 to 8pm PST.. Also Friday - Sunday tend to be slightly better for these types of items (hence Black Friday).