You might have heard the phrase 'Ideas sell' before. The truth is everything sells! We always are in need of certain things. When we need them , we buy them from the sellers who sell those. But when there are a large number of sellers selling the same things, what is your chance of making a sale? What will make you stand out from the rest of the crowd? That may depend on a number of factors:
1. Where do you Stand?
Let's say you are trying to sell handbags on eBay. Obviously there are others who're doing the same. People will choose to buy from you if you have made some a large number sales in the past, hold a good reputation ( for example if you're a Top-rated seller with lots of positive feedbacks). You might need some good marketing strategies and advertisement to show your prominence.
2. Uniqueness:
Considering the same example as above, your bags have a chance of selling more if your stock is unique and different from that of others : something that is in demand but not many people stock it. If people need it, there'll be nowhere else to go than to come to you.
3. Competitive Price:
If you try to sell a product at a higher price than others are selling, you have obviously very little chance of selling it. You need to source your product cheaply, keep profit margins low or do anything else you find appropriate to make your selling prices lower and more competitive than those of the other sellers.
4. Quality and Service:
'Word of mouth' is one of the most important marketing tools. If you provide a good quality service, people will want to talk about it and tell others about it. Make sure you satisfy your customers in every possible way.
It may sound easy, but selling is hard especially if you're new to it. You need to make yourself stand out and market your product and services effectively to sell anything. And this will take both time and effort.
Good luck!
1. Where do you Stand?
Let's say you are trying to sell handbags on eBay. Obviously there are others who're doing the same. People will choose to buy from you if you have made some a large number sales in the past, hold a good reputation ( for example if you're a Top-rated seller with lots of positive feedbacks). You might need some good marketing strategies and advertisement to show your prominence.
2. Uniqueness:
Considering the same example as above, your bags have a chance of selling more if your stock is unique and different from that of others : something that is in demand but not many people stock it. If people need it, there'll be nowhere else to go than to come to you.
3. Competitive Price:
If you try to sell a product at a higher price than others are selling, you have obviously very little chance of selling it. You need to source your product cheaply, keep profit margins low or do anything else you find appropriate to make your selling prices lower and more competitive than those of the other sellers.
4. Quality and Service:
'Word of mouth' is one of the most important marketing tools. If you provide a good quality service, people will want to talk about it and tell others about it. Make sure you satisfy your customers in every possible way.
It may sound easy, but selling is hard especially if you're new to it. You need to make yourself stand out and market your product and services effectively to sell anything. And this will take both time and effort.
Good luck!
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