Top eBay sellers : What are their secrets?

You probably heard some stories about those eBay sellers who became millionaires in no time. A few of these stories are true but the most are only fairy tales. In spite of the hard work you are doing to earn a decent income by selling on eBay, you can not help thinking about what those top sellers have been doing and what are their secrets? How did they manage to achieve success in a short period of time?

For all eBay sellers the traditional basics of success are the same. It is no secret, that you have to work hard, provide an excellent customer service and choose the right products to sell. Yet, there are a few hints and tips that separate sellers who are doing this as a hobby and sellers who aim the six zeroes. Here are some of them:

1. Keyword Managers: Keywords play a main role nowadays. A web page with a whole set of relevant words will be displayed on web searches. Similarly, auctions with relevant, highly searched terms will show on eBay searches. To get an idea about the terms that buyers look for on eBay, you can seek the help of some subscription programs like "Keyword Pro" and "eBay Pulse". These programs generate lists of the most frequently searched terms in any given category. Add some of these terms to your own listings to increase views. However, make sure that the words you choose are relevant to what you are really selling.

2. Typo Searches: Poor spelling on the internet is one of the most common mistakes that some sellers do. Misspelled items never turn up on eBay searches and that's why many online sellers lose their businesses. Fortunately, there is a free website that allow searchers to find the common misspelled terms on eBay. By using Fatfingers.com to search, for instance, for the term "scarf", you will be redirected to eBay.com, where a search for the terms "sacrf", "sxarf" and several other typos of “scarf” is done. You will be amazed of the huge number of items that are listed for low prices, but not viewed because of incorrect spelling. A lot of sellers make use of these spelling mistakes and buy the items at very low prices and sell them for a decent amount of money. Let this be a lesson to prospective eBay sellers: Proofread your listings. Twice!!

3. Data Analyzers: Using data analysis in the offline business world is what successful businessmen do before making any of their decisions. And that's what you should be doing too. By using software packages that studies eBay's data such as Hot Item Finder (), you will be able know which items are selling like fire on eBay and which ones are not. This way, you get to grab these items at relatively low prices and then sell them on your eBay store at higher prices, and thus increasing your profits. Another advantage of using data analysis is that it spares you hours and hours of researching products. There is also a program called Auction Yen which runs analysis for "Want It Now" listings. This program gets to the bottom of what customers are really looking for.

4. Selling Managers: Since it is really crucial to keep track of your stock lists and auction listings, then you should use eBay's selling manager, which is offered for a low monthly cost. This online tool helps sellers track and customize their listings, print shipping labels, and more. It is a great time saver, so do not miss the chance of using it.

All these tips and hints are just a few things of what you should be doing to increase your earnings on eBay. Keep digging and searching to find more secrets of the top sellers and one day you will be sailing in your luxurious yacht with a big smile on your face when you think of your first days as a seller on eBay.