eBay 201: Making Your Business Bigger, Bolder and Bad Ass!

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[email protected] eBay 201: Beyond The Old School Making Your eBay Business BIGGER, BOLDER and Bad A$$

description

How to scale your business to new heights with eBay. Moving from 101 to 201 lessons in ecommerce from John Lawson of ColderICE.com. This was done at the eBay Radio Event in Las Vegas

Transcript of eBay 201: Making Your Business Bigger, Bolder and Bad Ass!

Page 1: eBay 201: Making Your Business Bigger, Bolder and Bad Ass!

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eBay 201: Beyond The Old School

Making Your eBay Business

BIGGER, BOLDER and

Bad A$$

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Who are you

dude?

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#ICENotes

WOULD YOU LIKE TO PARTICIPATE?

LIVE OR Replay, PLEASE DO IT!

A Social Media Experiment

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Please Hold Your

Questions

Till The End???

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Who’s in the room?

• Unique or. Multiple • Time on eBay

platform• Soloprenuer or

Organizations• eBay only or Multi-

channel• Facebook or Twitter• Website• Paid Advertising

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WHO THIS TALK IS NOT FOR…

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• Content with “old way”

• Not open to new ideas

• He’s been on eBay since it was AuctionWeb so he “knows everything”

• Prefers to complain

• Spends most of his day on chat boards and blogs instead of working on continuous improvements

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Disclaimer: Vintage and Collectables

• I’ve never done that

• Its not my background

• Adapt some of the principles

• Take what you want and leave the rest

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In the beginning…

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eCommerce Stats

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The world of eCommerce

is enormous!

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That’s Me

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Time to grow up

• Competition• eBay

Changes• Industry• Economy

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Can You Handle The Truth?• Explore new

ideas• Discover

opportunities• Investigate facts• Prepare for some

discomfort• One dude’s story

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The System at 30,000 ft.

Meet

Needs

Lead

Achieve

To Maximize

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Goals

• Conversion• Order Size• SEO (Best Match)• Efficiency• Branding

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Content

• Editorial (Descriptions)• UGC – User Generated Content• Better Photos• Product Data• Branding

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Infrastructure

• Storage• Management• Collaboration• Syndication• Localization

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Operations

• Scalability• Flexibility• Extensibility

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Results

• Revenue (R.O.I)• Globalization• Cost - Efficiency• Product Data• Leverage

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Study the 1%

• Who should we watch?• Study the best• Ignore the stunned,

unhealthy, immature

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Ecommerce Best Practices

• Grab a pen and paper

• Watch the next few slides

• What do you notice about them

• What is similar?• What is different?• Just some quick

notes…

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What did you see?

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I saw…

• Simplicity• White space• Short descriptions• Capitalization• No keyword

stuffing• “Floating” photos• Drama free terms

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Going…

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And going…

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K.I.S.S.

Keep It Simple and Spectacular

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Q&A pages in store

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Clean Up the Pictures

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Expensive?

Not at all• Go to the

hardware store• Get clear white

lights• NEVER use flash• Bounce the

lighting• Add more light

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Taking picture is 25%

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The real heavy

lifting is photo

processing

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http://www.faststone.org/FSResizerDetail.htm

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www.Gimp.org

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Be Responsible

• Our Goal• Begins at payment• Trusted me• Paid me• Expect to get it

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Not the end

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Beyond Delivery…

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Satisfaction

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• Personally• Professionally• Culturally• Customer• Employees• Myself

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Our Results

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American Express TV Feature

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Mezlow’s Hierarchy • A theory in psychology• Proposed by Abraham Maslow in 1943 • Theory of Human Motivation

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Fiduciary Our Need

Top Rated (cause I know it)

Education / Resources

Networking

Achievement (Goals)

ColderICE’s Hierarchy

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Paradigm is Prejudice

(caution: its about to get bumpy)

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The reach of is

enormous

6x larger than the nearest

competitor

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Stop it!

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Use CustomerAnalytics

The more you know the more you sell

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Tools for Results

• eBay Store Reports

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Tie Technology to Simplicity

• Simplify • Automate• Duplicate

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Simplify Everything

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The 3 Deadliest

eBay Seller Sins

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#1 - Stop

lusting for the

top position

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The more clicks the better

•High CTR and low conversion

•Stop keyword stuffing

•Target to improve quality scoring

•NEVER Blackhat SEO

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• Relevant Title• Item Specifics and Catalog

Adoption• Recent Sales and Conversion Rate• Ending Time• Variation Style Listings• Seller Rating and Performance• Item Price plus Shipping Costs• Boxers or Briefs (temporary and

complex algorithm)

Don’t over simplify Best Match

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#2 - Holding buyer

feedback hostage

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Leave Feedback First

• Increases you averages• Encourages positive feedback• Resulted in .1% increase in DSR

score• Do not set policy around the

immature• 99.9% of it is true• It’s business not personal

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#3 – These are

my customers

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Play you position

• I don’t own the restaurant

• I am not the cook• I am not the maitre‘d• Focus on service• Make them want to tip• Ask for me when you

come back

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Deva’s Bubbles

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John Lawson CEO 3rd Power Outlet

Founder ColderICE.com

ColderICE.com

Email: [email protected]

Twitter: @ColderICEFacebook.com/ColderICE

Linkedin/in/ColderICE

The Atlanta eBiz GroupeCommerceMeetup.com