Ten Golden Rules of eCommerce – What should you know?

What does it take to sell profitably and successfully online?

If you ask that question in ten different places, you will most likely get a million different answers!

eCommerce

Ten Golden Rules for eCommerce

But not today at 12:30

Today Jay Berkowitz and I will discuss the Ten Golden Rules of eCommerce in a Internet Marketing Club Webinar

I am a member of the Internet Marketing Club but have known Jay for several years. I was and am honored that he selected me to co host this webinar which may eventually be morphed into a book. Lately I have been concentrating on many aspects of eCommerce development while creating my latest project BonanzleStore bonanzlestore-logo

In today's Webinar we will discuss Search Engine friendly eCommerce, how to choose the difference between selling on a large venue like eBay or Amazon or Bonanzle and your own website or both and much much more.

So join us TODAY at 12:30 PM EST at Go To Meeting!

Robert Scoble Ventures into eCommerce with a Vendio Platform Interview

Vendio Platform Previewed by Robert Scoble

Robert Scoble is a fairly famous blogger, videographer, photographer and all around tech critic/guru. he has worked with all of the big tech conglomerates including Microsoft, Fast Money, and now RackSpace (More details about Scoble available via the link attached to his name).

While his interview of the powers that be at Vendio was not exactly from the perspective of a well informed ecommerce specialist or writer, (He refers or defers to his ex-wife's experiences with eBay) this video does offer some insight into how the platform Vendio has assembled works. Scoble does not venture into our world of eCommerce often so I find it interesting that this interview even occurred. Good job Vendio!

For more information about the Vendio Platform, read my review on the All Business Auctions Blog

New Direction, Future for All Business Auctions – Reviews Anyone?

New plans are in the works for....

All Business Auctions

All Business Auctions

All Business Auctions and

All Business Auctions Blog

... these are two of my original websites.

All Business Auctions: Was the home base of my consignment business and then it became a provider of eBay related third party software and eBay stores design services.

All Business Auctions website gave me the impetus to learn how to create websites in house.

This became a priority at the time, simply because outsourcing the creation of our website was a nightmare. I went through so many local developers to get the job done, after two years of frustration and lost money I worked with my partner to develop the site in house.  We learned a lot during the process of building AllBusinessAuctions.com on Joomla! This experience gave me a real passion for Content Management Systems and brought a whole new direction and focus to my business.  The blog was started as a project to see how well WordPress could perform (I had a blogspot blog at the time)and to learn how the addition of a blog to an existing domain will bring additional organic traffic to the main website. The one two punch worked and would have been an incredible combination if it had been implemented two years prior when I originally commissioned the project with outside developers.

Since the main site was finalized much has changed in our business. The consignment operations on eBay have ceased, we are no longer a Trading Post or a Trading Assistant registered with eBay.  Changes in the landscape of third party eBay management software providers have impacted our ability to provide the AuctionLogic software and still make a reasonable profit, therefore we have ceased those operations as well.

With the changes over the last two years at eBay (much documented here and in many other online publications), running an eBay centric service company became a tenuous and formidable challenge.  One that really tested my loyalty to all that I believed about the opportunity that eBay had presented to both myself, and my clients.  It was and is difficult to think of the effort and time dedicated to an eBay only business plan.  Looking back now it seems obvious that it was pure folly to base an entire business plan upon the whims of another company.  In actuality I did not see it that way at the time because I had built All Business Auctions on the vision that we would represent several different third party eBay providers. The idea was sound when eBay had a positive growth curve, but after the eBay marketplace changed, so the interest from small businesses.

We moved on to form iBusinessLogic another service company more broadly based Internet and Web development company offering web site hosting, Content Management System web development, WordPress development, implementation and training in addition to representing many of the same third party brands in the eBay space as did All Business Auctions in the past.  iBusinessLogic is not dependent upon eBay for its revenue stream but we still have clients from the All Business Auctions period who depend upon us to help them to understand the changing landscape of eBay and in many cases to help them focus on creating a company centric branded presence on the Internet.

These changes have left me with a quandary about what to do with the All Business Auctions name and the two sites associated with it.  The blog has experienced good traffic from the start and has been linked to from sites around the Internet.  As anyone who has studied how WordPress blogs bring in organic traffic knows, the regular addition of content is key to maintaining a healthy blog.  What to write about when eBay is no longer the focus for the brand All Business Auctions? It has been a quandary only accentuated by the expansion of iBusinessLogic and the client work we have been blessed with since changing our focus.

What's the answer? Continue reading “New Direction, Future for All Business Auctions – Reviews Anyone?” »

Multiple Channels – Where do you List Your Products? eBay, Amazon, Etsy, Bonanzle or?

Our last poll asked if our readers were selling on multiple platforms, just eBay or on thier own eCommerce website?

The results from just one days of replies was overwhelmingly in favor of multiple channel selling with 63% of the respondents affirming that they do indeed market product on multiple venues other than their own ecommerce website.

Today we will ask where you are actually selling product or offering product in these channels.  Obviously we could not list every channel available so we will leave the ones you suggest in the comments section for another poll.  For this poll we will simply ask about the majors and it is multiple choice so click on every place you utilize that is on the poll.

How many eCommerce Platforms?

This is a simple poll we are running to get a feel for the numbers of merchants exploring the potential of multi channel selling.

Scot Wingo recently revealed that Channel Adviser has over 6000 clients using the CA software platform. We assume the multi-channel selling concept that Scot and CA developed early on has a wider appeal now than it once had when eBay was at its peak.

How many of you are trying new and interesting channels such as Etsy, Bonanzle, Online Auction, Dawdle, or any of the others which have popped up in the last 12 months?  Conversely, how many are sticking just with eBay or your own ecommerce shopping cart website?

We would like to hear from you!

Bonanza – Bodacious eBay Competitor Gives Birth to Fresh Merchandising Format

(This is NOT a paid review or advertisement) - Please Note: Since the publication of this article "Bonanzle" has changed their moniker to "Bonanza", the facts remain the same...

Bonanzle (pronounced Bon-an-zle), a start up out of Kirkland Washington, is positioning itself as a viable option to eBay and Craigslist. Bonanzle launched on June 1st, 2008 and is actively recruiting sellers and buyers with grass roots efforts and social media marketing. In less than a month of operations Bonanzle claims an item count of 72,000 and over 2000 registered users (September 16th, 2008).

Bonanzle is a newly launched online marketplace that aims to take what's best about Craigslist and eBay, and build on those to create something that startles and delights its users.
www.bonanzle.com

One new user posted the following comment on powersellersunite.com

I am so happy this was the easiest site that I have ever listed on. I set up & posted 4 items in record time & will be adding more over the next few days. Spectacular & fun....just what many of us have been looking for. Same user ID. Imported feedback, a class act with immediate views all while I am multi-tasking. Thanks !!!!!

Bonanzle promotes itself as the "alternative to lookalike eBay alternatives" (personally I would recommend a better copywriting effort on that tagline). I think they have a point however, what the Bonanzle team have created is a fast and easy to use venue for both buyers and sellers with a fresh inviting new look and attitude.

It is more than an alternative to alternatives, Bonanzle is a new animal entirely.

Bonanzle has taken some of the basic concepts of Craigslist (clean design, fast browsing and minimalistic appearance) and the basic concepts of the original eBay marketplace (a socially built marketplace for online commerce, easy to sell and buy, with a graphically pleasing look) and they have trumped both major venues with features that improve the entire concept of selling and buying at an online Bazaar. Continue reading “Bonanza – Bodacious eBay Competitor Gives Birth to Fresh Merchandising Format” »

Amazon vs eBay? – Cliff Aliperti's Inside Scoop on Amazon FBA

Cliff Aliperti - Guest Blogger

Cliff Aliperti - Guest Blogger

Cliff Aliperti is known in some circles (Twitter - Land) as the eBay buyer/Amazon seller.

Cliff Aliperti specializes in paper goods and collectibles and is a long time eBay seller and buyer. He has a nifty blog/website called "things and other stuff" which focuses on his passion for these items he collects and sells.

Recently Cliff has ventured into the world of Amazon and Amazon FBA as a merchant and he is quite active on Twitter discussing with excitement his daily purchases on eBay and then subsequent sales on Amazon through the FBA program.

I asked Cliff to explain Amazon FBA to our readers here at the Trading Assistant Journal because we are always aware of the desire to look outside of eBay and learn about eBay competition. Naturally Amazon is one of the first places eBay sellers think about when considering a switch.

I think Cliff's frank and honest story reveals two constants.

  • It is not always greener on the other side of the fence - but sometimes it is cooler.
  • The tournament is always easier to win - When you know how to play the game.

I want to extend my personal thanks to Cliff for this amazing insight into Amazon FBA, not only is it a great story, but when told from the perspective of a long time eBay seller it brings the ring of truth rarely found in these types of reviews. Thanks Cliff!

Amazon FBA from a eBay Powersellers perspective: by: Cliff Aliperti

You ever get that feeling that you're dealing with a bunch of idiots who know less about the company that they work for than you do?

This was my start to selling on Amazon.

I'd never sold on Amazon before, wait, that's not true.  At the time of my return in Spring 2008 I had one seller feedback from an old Z-Shops sale back in 2000.  That was almost embarrassing.

Then sometime in 2007 I signed up for one of their web stores under a free trial, quickly became confused, then irritated, then shut down well before the trial was up.  I left shaking my head content to continue selling on eBay.

Then I started reading Randy Smythe's My Blog Utopia! and his adventures with something called FBA and little by little the thought of trying out Amazon one more time sprouted.

Amazon FBA

Amazon FBA

Amazon FBA

FBA is the acronym for Fulfillment by Amazon.  Basically, you take your product, list them for sale on Amazon, click a button to convert them from merchant fulfilled (ie: you pack it up and ship it out after a sale) to fulfilled by Amazon.  Then you just have to put some identifying labels on your goods, box 'em up, ship 'em out, and sit back while Amazon fulfills your customers orders.

The Goods Will Move! Continue reading “Amazon vs eBay? – Cliff Aliperti's Inside Scoop on Amazon FBA” »

Contribute to an Article about eBay Competition, Amazon, Etsy, OnlineAuction or eCommerce Website?

WritingI am very honored to have been commissioned to research and write an article for a major publication.

This article will focus upon the general interest and the genuine need of eBay centric online merchants to learn about options available to them beyond eBay.

We all know and have discussed the evolution of the eBay system into a new and as yet undefined platform. Much of the old eBay that many merchants relied upon and understood has changed or will change in the near future.

eBay remains a powerhouse of eCommerce traffic and will remain so for some time.  Yet, it has become apparent  to most merchants in the eBay community that relying completely on a single venue may not be the best business plan.  eBay merchants are hungry for information pertaining to diversification of risk and secondary channels.

The question remains, and it seems to be an often asked question... Where do I go, outside of eBay?  What platforms should merchants look to for merchandising inventory online? Continue reading “Contribute to an Article about eBay Competition, Amazon, Etsy, OnlineAuction or eCommerce Website?” »

eBay Competitors – Where to go After DSRs or Best Match?

The winds of change have been blowing...

We all know eBay is moving to a more retail like atmosphere. If your niche or business model does not fit into a retail like experience for the new eBay buyers, as a seller you will soon find it very difficult to survive on eBay.

This is a good thing for a majority of the large titanium PowerSellers now found on the eBay site. It may not be the roots of eBay and it may not be what eBay has promoted over the last 10-12 years, but this is the climate of change you have been hearing about. Big corporations change, evolve, morph themselves into entirely new entities all of the time.

This most recent movement by eBay to a more retail like experience should not be a surprise to anyone. In fact, I have preached here and elsewhere that all sellers on eBay should become more business like and find sources of supply outside of Garage Sales and Church Bazaars...

To survive in business, you must have a plan. eBay seems to be working towards shaping every eBay sellers' business plan to fit a model which will help eBay as much as it helps the majority of sellers they want to keep. One does wonder...what will happen to those sellers they are no longer interested in retaining?

Free Shipping is part of eBay's plan to attract buyers (see Randy Smythe's Blog post today in My Blog Utopia) they plan on encouraging sellers to join with them in this plan by advantaging those sellers who offer free shipping in the Best Match results for search.

If this type of "encouragement" does not fit into your business plan - either because you do not have products which can be easily shipped for free - or simply because you see no margin after offering free shipping after raising your price to accomodate the higher cost, then you may be looking for alternatives to selling on eBay...

Read More about the other options available to sellers here:

eBay Flea Market Closed - Sellers Look for eBay Competition - Where to Sell Now?

eBay Flea Market

Google – Alexa – eBay – Amazon – Overstock The real story


alexaFull.jpg
Originally uploaded by All Business Auctions

This graph is courtesy of Alexa.com

What the graph clearly shows is the average page views of four of the most popular websites on the internet.

Google- Green

eBay - Blue

Amazon - Maroon

Overstock - Gold (Way at the bottom)

This graph shows the last 5 years of page views for these sites. While Google obviously has good reason to be pleased with itself, we can clearly see the graph is trending downward for both eBay and Amazon, eBay is still getting more average page views than Amazon however and has done so over the entire period.

What is really interesting here is how eBay traffic has been trending downward - this holds true with all three Alexa quantifiers Reach, Rank and Page Views. The most interesting piece of information is that this trend also holds true for Amazon across the board.

Contrary to news reports of Amazon over shadowing eBay in the online sales segment. These reports may bear out when comparing corporate revenues but it does not seem to hold true for raw internet traffic.

Why do we place products on any of these sites?

To get a piece of the traffic we see on these Alexa charts. There is still more average traffic on eBay than any other selling venue available.

Overstock is the tiny line at the bottom of the graph...

Alexa