 |
|
 |
FREE Business banking forever With Abbey you can enjoy free day-to-day business banking, forever! Call us now on 0800 085 3099 or click here to find out how. |
eBay business profits may lie in the price of shipping |   |
New research from the Haas School of Business, part of the University of California, suggests that the key to increased profits for eBay sellers may lie in shipping costs, as well as the price customers pay when they bid for an item.
Haas professor John Morgan, and his colleague, Tanjim Hossain, held 80 online auctions at eBay. The products on offer were XBox video games and newly released CD's.
In the study, the research team varied the bidding prices and shipping charges on identical items to see how consumers reacted. Basic economic theory would suggest that consumers would add the shipping charges and bid price to calculate the total cost of purchasing the item.
However, in this study, they found that lowering the opening bid price while raising shipping charges attracts earlier and more bidders and ultimately leads to higher revenues compared with doing the reverse!
For more on these findings, read the article on the Haas website.
- For essential business liability and PI insurance cover, visit Hiscox
- Sole trader accounts - complete nationwide service, just £30 + VAT per month!
- Free day-to-day business banking! Click here or call Abbey on 0800 085 3099
- Online accounting system for small companies - for under £60 per month
- You can set up a Limited Company online right away via our partner - Duport
Online auction giant eBay has announced a cut in the cost of listing products to sell online, from 24th September 2008. [August 22, 2008]
The best way to run a successful business on eBay is to find a niche with a limited supply and make the most of the sales platform. Here are some essential tips for eBay startups. [May 13, 2008]
Some eBay sellers are threatening to boycott the auction site in protest against fee increases and a change of rules which they feel will favour big businesses. [April 22, 2008]
How to run a serious eBay business - market research, good supply, pricing and marketing are all essential. To succeed online, you should treat your eBay business the same as if you were running any other type of small business. [January 2, 2008]
How to add value to your online business by using the powers of eBay. [June 13, 2007]
Website Payments Pro is a new product that helps UK businesses of any size to accept online payments conveniently, cost-effectively and securely. [March 30, 2007]
Given the exponential growth of eBay and other auction sites, HM Revenue & Customs have taken note and have published a tax guide for "e-traders". [February 19, 2007]
If you plan to make a fortune as a hotshot eBay trader you can help yourself considerably by following a few golden rules. [December 8, 2006]
Bytestart will be hosting a Webchat with PayPal's head of Merchant Services on Weds 15th, so if you have any questions about online payment processing for your business site, visit our Webchat page. [November 14, 2006]
Following on from its successful launch in the US, eBay is to launch its eBay Express website in the UK. The company claims the site will offer small businesses a hassle-free and credible route to market. [October 2, 2006]
When it comes to selling on eBay, if you can stimulate competition between two or more bidders you'll see the value of the item you're selling multiply many times over. [September 29, 2006]
Although most eBay sellers shy from asking for money or an immediate order, it remains the best way to maximise profits in the shortest possible time. [September 1, 2006]
eBay is adding a new service for online traders which will let sellers add Skype functions including free internet voice calls and instant messaging to their listings across a range of categories. [July 14, 2006]
eBay UK has announced the launch of a new service later this year, aimed at helping small businesses compete with larger online and offline stores. [July 7, 2006]
As our fascination with everything eBay-related continues, the Government has revealed that HMRC has enlisted the help of a robot in its efforts to cut down on eBay seller tax dodgers. [June 15, 2006]
| Our Partners |
|
Hiscox Office Insurance Instant Online Quotation |
|
Free Day-to-Day Banking Abbey - 0800 085 3099 |
| Barclays Business Banking for Start-ups |
|
Sole Trader Accounts Just £30+VAT/month |
| Warehouse &
Distribution Solutions from Royal Mail |
|
Form a Limited Company Complete Online Service |
|
Compare Quotes Business Insurance Cover |
| 2 Years FREE Banking Alliance & Leicester |
 |
| Key Services |
|
£20 Free Postage & 30 Day No Ties Trial |
|
Virtual Office Service For full details click here. |
|
Crunch Online Accounts Under £60 per month! |
|
Public Liability Cover Are You Insured? |
| Cashflow Problems? Try Invoice Financing |
|
Client Credit Checking Online Company Reports |
|
Broadband, Hosting & IT Small Business Specialists |
 |
|
Subscribe! Weekly Newsletter RSS News Feeds  News for your site |
| Click here for Essential Business Insurance cover via Hiscox. |
Business Plans :: Start A Business :: IR35 :: Business News :: Sole Trader :: Company Formation :: Public Liability Insurance :: Start Up Guide
Professional Indemnity Insurance :: Business Bank Accounts :: Limited Company :: Business Insurance :: IT Contractors :: Tax Rates :: VAT :: Self Employed
© Bytestart Limited 2005-2009 :: All Rights Reserved :: Terms of Use :: Site List :: RSS Feeds :: Website Feeds
Business Insurance, Business Bank Accounts, Public Liability Insurance, Professional Indemnity, Startups, Limited Company, Sole Trader
