How to Boost Sales on eBay!

Coach Commerce
25 Oct 202206:51

Summary

TLDRIn this video, the host reveals a significant eBay sales boosting trick after 12 years of experience. Despite regular listings and timely shipping, sales were down by 30%. The solution was the 'bulk best offer method', which involves sending blanket best offers to customers who have been watching items or have them in their carts for over five days. The host demonstrates how to send these offers in bulk through the eBay seller hub, resulting in a 48-hour sales surge. This method is particularly effective for large accounts with many active listings and does not require substantial discounts to be successful.

Takeaways

  • 😀 The video shares a significant trick to boost eBay sales, which the creator discovered after 12 years of selling on the platform.
  • 📈 The creator's sales were down by 30 percent, which was concerning as it was the beginning of the fourth quarter, typically a high sales period.
  • 📊 The creator's sales data showed a significant increase after implementing the 'bulk best offer method', with two days of sales jumping to a thousand dollars each.
  • 💡 The 'bulk best offer method' involves sending best offers to customers who are watching items or have items in their shopping carts for at least five days.
  • 🛠 The method is different from sending individual best offers; it's about sending out blanket best offers to all eligible customers at once.
  • 🔍 To use this method, go to the 'active listings' tab in the eBay seller hub and use the 'send offers eligible' filter to identify listings where best offers can be sent.
  • 📋 The creator had 182 eligible best offers to send out at once, highlighting the potential impact of having many active listings on the success of this method.
  • 💰 The creator suggests that even a small percentage off, like 5%, can be effective in increasing sales, as demonstrated by the results.
  • 🚫 The video specifies that the bulk best offer method cannot be done on the eBay mobile app, only on the computer.
  • 🔄 After sending 200 best offers, the process must be repeated for any additional eligible offers, as eBay limits the number of offers to 200 at a time.
  • 👍 The creator encourages viewers to try the method and share their experiences, promising to respond to comments and questions.

Q & A

  • What is the main issue the speaker is facing with their eBay sales?

    -The speaker's eBay sales are down by about 30 percent, which is concerning because it's the beginning of the fourth quarter, typically a high sales period due to the holiday season.

  • What is the 'bulk best offer method' the speaker mentions?

    -The 'bulk best offer method' is a technique used on eBay to send best offers to customers who are either watching items or have items in their shopping carts for at least five days, in a bulk manner rather than individually.

  • How did the speaker's sales change after implementing the bulk best offer method?

    -After implementing the bulk best offer method, the speaker experienced a significant increase in sales, with two days where they sold a thousand dollars in merchandise each day.

  • What is the average daily sales number the speaker usually sees?

    -The speaker normally averages around 300 in sales a day, but at the time of the video, they were down about 25 percent.

  • How many active listings does the speaker have in their eBay account?

    -The speaker has approximately 15 thousand active listings in their eBay account.

  • What is the maximum number of best offers one can send at a time according to eBay's rules?

    -According to eBay's rules, a seller can send out best offers to a maximum of 200 people at a time.

  • What percentage off offer did the speaker use in their experiment?

    -The speaker used a 5 percent off offer in their experiment with the bulk best offer method.

  • Can the bulk best offer method be performed on the eBay mobile app?

    -According to the speaker, there is no way to send out bulk best offers on the eBay mobile app; it can only be done on a computer.

  • What is the speaker's advice on the size of the discount for best offers?

    -The speaker suggests that best offers don't have to be huge discounts; even a 5 percent discount can work effectively.

  • What is the speaker's recommendation for sellers with a large store?

    -The speaker recommends that sellers with a large store be prepared for a high volume of sales if they implement the bulk best offer method.

  • How does the speaker encourage viewers to interact with the content?

    -The speaker encourages viewers to try the method, ask questions, or leave comments, promising to respond to them as best as they can.

Outlines

00:00

📈 Boosting eBay Sales with the Bulk Best Offer Method

The speaker, an experienced eBay seller, shares a significant trick to increase eBay sales. After noticing a 30% drop in sales during a typically busy quarter, they discovered the 'bulk best offer method'. This involves sending best offers to customers who have been watching items or have items in their shopping carts for at least five days. The method differs from the standard best offer by allowing sellers to send blanket best offers to multiple eligible customers at once. The speaker demonstrates the process through the eBay seller hub, emphasizing the increase in sales after implementing this method. They note that while discounts don't need to be large, even a 5% offer can significantly boost sales, especially for accounts with many active listings.

05:01

🔧 Maximizing the Bulk Best Offer Strategy on eBay

The speaker continues to explain the process of sending out bulk best offers on eBay, noting that eBay limits the number of best offers to 200 at a time. They recount their experience of sending out 3,000 best offers in batches, which led to two exceptionally successful sales days. The speaker advises that even small discounts can be effective and encourages other sellers to try this method. They also mention that this strategy is currently not available on the eBay mobile app, and must be done through a computer. The video concludes with an invitation for viewers to share their thoughts and questions in the comments section and a promise to respond.

Mindmap

Keywords

💡eBay

eBay is an online marketplace where individuals and businesses buy and sell a wide variety of goods and services. In the context of the video, it is the platform where the speaker has been selling for 12 years and where the sales strategies discussed are implemented. The video's theme revolves around boosting sales on this platform.

💡Sales Boost

A sales boost refers to an increase in the volume of sales or revenue. The video's main theme is about a trick that the speaker discovered to significantly increase sales on eBay, which is the sales boost they experienced after implementing the 'bulk best offer method'.

💡Seller Hub

The Seller Hub on eBay is a central location for sellers to manage their listings, sales, and customer interactions. In the video, the speaker uses the Seller Hub to demonstrate the process of sending out bulk best offers and to show the impact on sales data.

💡Best Offer

Best Offer is a feature on eBay that allows buyers to make a lower-priced offer on an item instead of paying the full 'Buy It Now' price. The video discusses a unique method of sending out these offers in bulk to increase sales.

💡Bulk Best Offer Method

This refers to a strategy where an eBay seller sends out best offers to multiple customers at once, targeting those who are watching items or have items in their shopping carts. The video explains how this method was used to achieve a significant increase in sales.

💡Active Listings

Active listings are items currently available for sale on eBay. The script mentions going to the 'active listings' tab to identify which items are eligible for sending out bulk best offers.

💡Eligible

In the context of the video, 'eligible' refers to listings that qualify for the bulk best offer method. The speaker mentions that they were able to send out 182 best offers because those listings were eligible.

💡Sales Chart

A sales chart is a graphical representation of sales data over time. The video uses a sales chart to illustrate the dramatic increase in sales that occurred after implementing the bulk best offer method.

💡Discount

A discount is a reduction in the original price of a product or service. The video emphasizes that even a small discount, such as 5%, can be effective in boosting sales when used as part of the bulk best offer method.

💡High Volume Sales

High volume sales refer to a large number of items sold in a short period. The video suggests that using the bulk best offer method can lead to an influx of high volume sales.

💡Mobile App

The eBay mobile app allows users to buy and sell items on the go. The video mentions that the bulk best offer method cannot be performed on the mobile app, which is why the demonstration was done on a computer.

Highlights

After 12 years of selling on eBay, the speaker discovered a significant trick to boost sales.

Sales were down by 30 percent, which was concerning as it's the beginning of the fourth quarter.

The usual increase in sales due to the holiday season was not observed, prompting a search for a solution.

The speaker was doing all the regular things like listing regularly and shipping on time to improve seller metrics.

A simple trick was discovered that significantly increased sales when implemented.

The trick is revealed to be the 'bulk best offer method', a technique for sending best offers to customers on eBay.

The method targets customers who are watching items or have items in their shopping carts for at least five days.

The bulk best offer method is different from individual best offers, sending out blanket offers to all eligible customers.

The speaker's sales data shows a significant increase after implementing the bulk best offer method.

Sales jumped to a thousand dollars in merchandise for two consecutive days after sending out bulk best offers.

The process of sending bulk best offers involves using the 'send offers eligible' feature in the active listings tab.

The speaker's eBay account had 182 eligible best offers to send out at once.

The more active listings an eBay account has, the more successful bulk best offers can be.

Best offers can be sent with a percentage off, a custom message, counter offers, or a coupon for future purchases.

EBay allows sending best offers to only 200 people at a time, requiring repetition for more than 200 eligible offers.

The speaker's experiment with bulk best offers resulted in two phenomenal sales days.

The method does not require huge discounts; even a 5% offer can be effective.

The speaker anticipates questions about the mobile app's capability for bulk best offers, noting it's not currently possible.

The power of the method lies in sending out a lot of best offers at once, which can lead to an influx of high volume sales.

Transcripts

play00:00

so after 12 years of selling on eBay I

play00:03

just learned probably the biggest trick

play00:05

to give your eBay sales a boost and in

play00:07

this video I'm going to share it with

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you guys it's super easy super fast to

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do and it should increase your sales if

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you use this trick so let's go ahead and

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Jump Right In

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[Music]

play00:22

all right guys uh so in one of my eBay

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stores right now my sales are really

play00:26

down they're down like 30 percent which

play00:28

is really concerning to me because it's

play00:30

the beginning of quarter four and uh

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this is the time of the year when sales

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should be booming you know beginning of

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October people are starting to buy

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things for Christmas they're kind of

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getting in the holiday spirit and

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typically this is the time of year when

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sales go through the roof but for

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whatever reason you know I couldn't for

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the life of me figure out what was wrong

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with my store I was doing all of the

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regular things like listing regularly

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shipping on time you know doing all the

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things in my control that I could to try

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to make my seller metrics go up so my

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sales volume would increase but no

play00:58

matter what I did it seems like nothing

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actually would help my eBay sales until

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I discovered this one simple trick now

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before I show you what that trick is I

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want to jump over to my eBay seller Hub

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to show you my sales data for the last

play01:10

month so you can see exactly what I'm

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talking about and exactly what happened

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when I implemented this trick that I'm

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about to teach you you'll notice that my

play01:18

sales went through the roof for about 48

play01:20

Hours Okay so so here we are in my eBay

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seller Hub and I'd like for you to focus

play01:25

in on the middle of the screen where my

play01:27

sales chart is for the last month here

play01:29

we have a bar graph and if you look at

play01:31

that bar graph you can tell that I

play01:32

normally average around 300 in sales a

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day of course that number is kind of low

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for what my account normally does right

play01:40

now I'm about down 25 percent but if you

play01:42

look at that bar graph there are two

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days that really jump off the chart and

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that happened about five days ago if you

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take a look at those two days both of

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those days I sold a thousand dollars in

play01:53

merchandise in this account and when you

play01:55

look at that bar graph those two days

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really jump out because I use a tactic

play01:59

that I call the bulk best offer method

play02:01

now the bulkbest software method is

play02:03

basically a technique that you're going

play02:04

to use as an eBay seller to send best

play02:06

offers to customers on eBay that either

play02:09

are watching your items or have their

play02:11

items in their shopping carts for at

play02:13

least five days and if you're an eBay

play02:14

seller that's already familiar with how

play02:16

best offer works I want to tell you that

play02:19

this is a little bit different of a

play02:20

method you're not sending best offers to

play02:21

customers individually you're going to

play02:23

send out blanket best offers to anybody

play02:26

in your account that is eligible so

play02:28

let's go ahead now and jump back over to

play02:30

my eBay account and I'll show you

play02:31

exactly how to send out best offers in

play02:33

bulk to a lot of customers all at once

play02:36

so here I am back in my seller Hub and

play02:38

to send out best offers in bulk I want

play02:40

to go to my active listings Tab and once

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I'm in my active listings I want to

play02:45

scroll down to the quick filters menu

play02:47

and you're going to see a few different

play02:48

options but the one you want to click on

play02:50

is you want to click on the one that

play02:51

says send offers eligible when you click

play02:54

on that tab it's going to basically pop

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up any listing that you have active on

play02:58

eBay that you're eligible to send best

play03:00

offers to to specific customers and as

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you can see right now this eBay account

play03:04

I'm eligible to send 182 best offers and

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I can send all of those offers out at

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once now a few days ago when I did that

play03:11

experiment and I had two 1 000 days in a

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row I had a lot of eligible best offers

play03:16

I had like 3 000 best offers I could

play03:18

send this account is a pretty large

play03:20

account I have like 15 thousand active

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listings in this eBay account and it's

play03:24

important to know that the more active

play03:26

listings you have in your eBay account

play03:28

the more success you're going to have

play03:29

with sending best offers in both like

play03:31

this especially if you're not really

play03:33

discounting your products heavily all

play03:35

right now back to my seller Hub um to

play03:37

send best offers to eligible buyers I

play03:39

want to of course make sure that I have

play03:40

that send offers tab clicked and then

play03:43

what I'm going to do is in the top left

play03:45

hand corner of my results I'm going to

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click that check box up at the top to

play03:49

highlight all of the listings that are

play03:51

eligible to send best offers to and if I

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scroll down you can see that I've got a

play03:55

lot of listings they're all checked and

play03:57

they're ready to go for me to send a

play03:58

best offer to and then all I have to do

play04:00

is click on the blue button that says

play04:01

best offers and it'll pop up another

play04:03

menu bar that's going to enable me to

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enter the amount that I want to give off

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of each product and then when that menu

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pops up I'm going to be able to enter my

play04:12

percentage off offer to my customers so

play04:15

if I wanted to repeat that offer that I

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did earlier in the week I would put in

play04:18

five percent down below that I have the

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opportunity to add add a custom message

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to my potential customers I can even

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check if I want to allow counter offers

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or I can even send a coupon for future

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purchases to customers that I'm sending

play04:31

best offers to but you can always go

play04:33

ahead over on the right menu and you

play04:35

know look at the offers that you're

play04:36

sending if there's any that you don't

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like all you have to do is Click cancel

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on this tab and go and uncheck that

play04:41

check box but anything you have checked

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is going to pop up as a best offer

play04:46

eligible item but if everything looks

play04:47

good all I have to do is click on that

play04:49

blue send button and as soon as I click

play04:51

that it's going to send out all the

play04:53

offers to all of those potential

play04:54

interested customers now real quick I do

play04:57

want to specify that after you've sent

play04:58

those offers eBay allows you to only

play05:01

send out best offers to 200 people at a

play05:03

time so if you have more than 200 that

play05:05

are eligible for best offers just repeat

play05:07

that process go back into the menu tab

play05:10

click all the listings that you want to

play05:11

send best offers to and then go ahead

play05:13

and enter your amount and send those

play05:15

best offers all over again like I said

play05:16

earlier in the week I had 3 000 that

play05:18

were eligible I went in and sent them

play05:20

200 at a time but to do 3000 listings it

play05:23

only took me like less than five minutes

play05:25

and that resulted in two days that were

play05:27

really phenomenal for my eBay sales so

play05:29

guys um go ahead and give this a try and

play05:31

I can about guarantee that if you do

play05:33

this method that you're going to have an

play05:35

influx of sales and remember your best

play05:38

offers don't have to be huge discounts

play05:40

or huge percentages off

play05:42

um even five percent works and it worked

play05:44

for me

play05:45

um especially if you have a huge store

play05:46

with a lot of items that people are

play05:48

either watching or having their carts be

play05:50

prepared if you do this to have an

play05:52

influx of high volume sales now one more

play05:54

quick thing before I go I'm anticipating

play05:56

that people down in the comment section

play05:57

below will probably ask if there's a way

play06:00

to do this on the mobile app and to my

play06:02

knowledge so far there's no way to send

play06:04

out bulk best offers on Ebay mobile

play06:06

which is why I showed you how to do it

play06:08

on the computer now you can send best

play06:10

offers out on Ebay mobile but you can

play06:13

only do one-offs or one best offer at a

play06:15

time which in my opinion doesn't really

play06:17

use this entire way that I taught you to

play06:19

its best benefit the real power here

play06:21

here is being able to send out a lot of

play06:23

best offers all at once give it a try

play06:26

and let me know what you think if you

play06:27

have any questions or comments feel free

play06:29

to leave them down below and I promise

play06:31

I'll do my best to try to get back to

play06:33

you thank you guys so much for watching

play06:34

you guys are the best and good luck

play06:36

selling on eBay bye guys

play06:41

[Music]

play06:49

thank you

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