What is an eBay Shop?
An eBay shop is simply adding a few extra features to your existing ID - your
details remain exactly as they are, but you have the shop name and logo next to
your user name, and you have a lot more flexibility in creating your listings
and "branding" yourself. The Listing Fees are much less than a normal auction
and items can be listed on a rolling 30 day listing - although only BIN, but the
exposure that Shop listings receive is significantly reduced. Keyword Searches
will only show listings if there are less than 50 matching items in Auction or
BIN, and even then they appear at the very bottom of any results. There are
currently 3 levels of shop available –
- Basic Shop: an ideal solution for
sellers who are just starting out and want an affordable and easy-to-use
platform to sell online.
- Featured Shop: a more comprehensive solution for
small-to-medium sized sellers who want to aggressively grow their online
business.
- Anchor Shop: an advanced solution for higher-volume sellers who
want maximum exposure on eBay
For the purpose of this article, the focus will be on a Basic Shop.
How do Shop listings differ from normal listings?
Shop listings are pretty much the same as a Buy It Now listing, except they run continually until sold or ended by the user. The Insertion Fees are considerably less than Auction or Buy It Now listings, although exposure is reduced, and Final Value Fees are also slightly higher
As Shop listings are on 30 day recurring cycles, it is also a useful place to “park” any unsold auctions or Buy It Now items. For a relatively small charge, these previously unsold items are still available for buyers to purchase – if they find them of course, but more on that further down.
What do you get for your money?
A Basic Shop on ebay.co.uk will cost £6 GBP per month, although the first 30 days are free. Looking at the pure economics of listing, a 10 day Buy It Now listing with Gallery will cost around 30p, depending on the starting price and quantity available, so 30 days will cost at least 90p. The same listing in a Shop Format would cost a mere 6p. From this principle, it would only take 24 listings to break even on insertion fees on the pessimistic assumption that nothing sells to incur Final Value Fees!
However the benefits go much further than just cheap insertion fees and long term availability to purchase. A shop subscription on eBay.co.uk also offers –
- An entry-level online e-commerce web presence, with a unique URL and brand
identity for your shop
- Up to 300 customisable categories for your own range
of product lines.
- Bulk editing options for converting auctions and Buy It
Now listings into Shop Format, and back again.
- Traffic Reports to analyse
where your visitors are coming from and what they are looking for, as well as
growth trends and early warning signs.
- Basic Sales Reports to analyse your
most effective category and selling format, your average selling prices, sell
through rates and much more.
- Email Marketing facilities to create and send
flyers and newsletters to your buyers.
- HTML link building tools to easily
create cross-promotion tools for your listings.
- Use customisable pages to
boost your brand, communicate store policies, and connect with
customers
- Promotional boxes to highlight featured merchandise in your Shop
to trigger sales.
- Options to run promotional sales with Markdown
Manager.
- Custom listing frames to add your Shop header, search box, and
category navigation to all of your listings.
- Listing Feeds to automatically
publish and send product data to customers or comparison shopping sites via RSS
Feeds.
- Customisable Search Engine Optimisation tags to guide traffic from
outside of eBay to your store
Who has a shop?
Shops are not just for the high volume sellers or even entry level
PowerSellers, but many hobby sellers are also eBay shop owners.
To open a
Shop, you must be a registered eBay user with a seller's account. You'll also
need to meet one of the following requirements:
- Feedback score of 10 or
higher, or
- Have direct debit on file for payment of eBay fees, or
- Have
a Paypal account linked to your eBay account and a Feedback rating of at least
5.
As mentioned above, it is a cheap way to have listings available on a continual and automated basis, rather than having to spend time and money re-listing unsold auctions.
For sellers of one specific type of product line, it is also a useful way to list multiple variations of similar products without falling foul of the Choice Listing Policy. Simply promote the most popular selling line in a regular auction or Buy It Now listing, but make prominent links to the various colours or sizes available in your store.
How do I get people to my shop?
It’s widely publicised that the exposure that Shop Format listings receive is significantly reduced, but when balanced with the insertion fee, you are getting what you pay for. The key is finding ways to let people know you have an eBay shop.
The fundamental method of gaining Shop exposure is to ensure you have enough signposts to your shops. These sign posts come in many forms such as the following –
- Link store items through from existing Auctions or Buy It
Now. Using the HTML link builder can provide simple text links such as
“Buy It Now in my Shop for £9.99” to place in an auction, to impressive
scrolling galleries of your shop listings that can showcase whole product
ranges.
- Create cross promotions .When buyers view, bid on,
or win an item, your other items (including Shop Inventory items) are promoted
in a special display. As a Shop seller, you have complete control over which
items are shown.
- Create an effective Shop listing header.
Include your own banner, called a Shop listing header, on your Shop and all
other listings to create your own unique and identifiable
brand
- Optimise your Shop for Internet search engines. By
carefully wording your text in the shop header, and specifying appropriate
meta-tags, you can increase the chance of your shop listings being found by
Search engines such as Google and Yahoo. Include these keywords in your Shop
name and Shop category names where possible, and also in the content on your
pages.
- Utilise Customisable pages, Reviews & Guides, Blogs and
About Me Pages. All of these pages are content based with static URL’s,
and therefore highly favoured by search engines. Reviews & Guides in
particular can be used as sales tools for our own products, by demonstrating to
your buyers that you know your products well.
- Promote your store
“off-eBay”. There are many ways of getting your Shop URL out to the
buying public, using modern techniques and more traditional methods
o If you
post on eBay forums, or discussion groups focused on products that you sell,
consider having a clickable link in your posting signature.
o MySpace &
Facebook are proving to be effective marketing and networking venues where you
can showcase your products and brand to a vast audience.
o There are also
many sites that will advertise your eBay store in online
directories.
o Google Base Store Connector is a free download that puts info
about your store into their index, so that when people search Google for the
products you have to sell, you'll show up in their search results, along with a
link directly to your site on eBay – it can be downloaded from
base.google.com/base/storeconnector/index.html and is simple to operate – enter
your store name, copy products from your shop, then publish them to Google
Products.
o Include your Shop URL in an email signature block, on return
address labels, any paperwork sent with your sales, and any invoice or payment
acknowledgement templates sent after purchases.
In summary, an eBay shop is arguably the easiest path to establishing an
online commercial presence that is available to one of the largest buying
markets in one of the world’s largest shopping venues. The work involved is not
significantly more than existing eBay sellers are already used to, and the costs
involved are easily worth the many benefits that owning an eBay shop
provides.
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