There is a whole lot of money
to be had by those who do
business via Trademe. From
garage sale frequenters to
purveyors of fine antique and
arts shops, lots
of people make lots of money
using this site. Tapping
into this, however, will require
a little know how about setting
up shop.
There
are three major considerations
that need to come into play
here. These are product choice,
pricing and format for selling
desired.
Products:
The variety
and type of products that
sell and sell well on Trademe
can be a little amazing. From
valuable art that sells for a
top-dollar price to hard-to-find
video game consoles that go for
thousands above their sticker
prices, Trademe tends to work
like all other shopping
locations. Items that are
"hot" or sought after
go quickly, those that aren't
might not. Choosing what kinds
of products to actually put on
Trademe might take a little
research. It's not a bad idea to
consider what is out there, what
seems to sell and how much it
sells for before deciding what
to list and what to leave out.
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Pricing:
This is a very
important consideration
when placing items for sale on
Trademe. While it's true that
buyers here are generally
looking for bargains, that
doesn't mean they won't pay over
suggested retail or value for
something that's really hot,
hard to find or unusual. Items
that can be found at corner
stores easily, likely should be
placed at less than retail to
compensate for shipping fees.
It's never a good idea to let
things go for too little to gain
a buzz. Scour the site for
pricing ideas and get a feel for
what things tend to run before
listing them. If you sell
household products people can
get down the street for less or
that another Trademe seller is
offering for a fraction of the
price, you're not likely to get
hits on your sales.
Sale
type: There are a few
options to consider over and
above pricing. Items can be sold
in a few different ways. One of
the most popular forms is
through the auction feature that
lets
buyers determine the price.
This can work out very well in
some cases. This feature does
enable setting a minimum bid, so
a loss doesn't have to be taken.
Another option is the "buy
it now" price setting. This
put a price tag on a listing and
buyers know they have to pay
this amount or walk away from
the item – just like a regular
store. Some sellers choose to
use a combination of the sales
types, depending on what they
are selling in a particular
listing and its value.
Once
products, pricing and sales type
have been considered, it's time
for a Trademe entrepreneur to
begin selling. This will involve
either setting up a virtual shop
or creating individual listings.