Discover How You Can Use Want It Now To Increase Your eBay Sales In 21 Minutes Or Less.

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by Janiece V. Smith
© Janiece V. Smith - All Rights Reserved

http://www.expressprofitsonline.com

As eBay sellers, we are always looking for new and unique ways to use eBay to create a positive cash flow. Recently, eBay announced a new service that may be able to help us on this quest––it is called “Want It Now.”

What is “Want It Now”?

“Want It Now” is reminiscent of the newspaper classified ad “wanted” section. Potential buyers post items they are seeking so that you, the potential seller, can let them know that you have what they want. The potential buyer that posts the wanted item or items is truly a “potential” buyer with no contract or agreement.

Even so, eBay buyers who post a “Want It Now” ad are showing their willingness to buy a specific item if it meets their requirements. Buyers must maintain a Feedback rating of at least five, or have a credit card on file. What does this mean to you? If you have an item that they want, you are definitely dealing with someone that is more than just a casual “window” shopper.

When I checked “Want It Now” on January 20, there were 148,686 items listed in 32 different categories. It is logical to assume that the numbers will grow as more people learn about this service. The top 10 categories were as follows:

  1. eBay Motors
  2. Clothing, Shoes, & Accessories
  3. Everything Else
  4. Collectibles
  5. Home & Garden
  6. Books
  7. Toys & Hobbies
  8. Music
  9. Sporting Goods
  10. Sports Mem, Cards, & Fan Shop

The other 22 categories include the following:

  • DVDs & Movies
  • Computers & Networking
  • Consumer Electronics
  • Health & Beauty
  • Pottery & Glass
  • Crafts
  • Jewelry & Watches
  • Business & Industrial
  • Dolls & Bears
  • Musical Instruments
  • Video Games
  • Antiques
  • Cameras & Photo
  • Entertainment Memorabilia
  • Art
  • Tickets
  • Cell Phones
  • Coins
  • Real Estate
  • Stamps
  • Travel
  • Gift Certificates

Using “Want It Now”

Before we get into some specific ideas on how to use “Want It Now” to make money, let’s take a quick look at this new section and see how it works.

First, go to http://pages.ebay.com/wantitnow/ . Upon arriving, you will see a page that looks like this:

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Then you can choose a category that is of interest to you. For example, if you have an eBay store that sells cameras and photo equipment, then you might want to browse that category. Simply look in the blue Sellers box and click on Cameras and Photo; then click Browse Want It Now.

image

Doing so will bring you to a page that looks like this:

image

Now let’s assume that you have the Arc Soft Camera Suite, Version 2.0. Simply click on the link:

image

From here, you would click on the “respond” button:

image

If your items is already listed on eBay, then you would type in your item number. If you have the item but have not yet have it listed on eBay, then you would do so now and then type in your item number. As soon as you enter the item number, an email is sent to the potential buyer that you have the item they are seeking. It is that simple!

Increasing Sales with “Want It Now” Listings

So, how can you use this new section of eBay to increase your profits? There are many ways! You simply have to use a little imagination and some entrepreneurial skills! Let me give you a few ideas to help get the ball rolling!

1. Connect with Potential Buyers: The first way to increase profits is the most obvious and the way that eBay originally envisioned its use. You have items to sell and eBay buyers have needs that are not being met by the eBay listings. If your items match those needs, then you have a sale! You can browse the Want It Now listings to find potential buyers for items that you have on hand. Want It Now serves as a tool to help buyers and sellers connect!

  • Check the “Want It Now” listing in your category on a daily basis
  • Post your items to any “Want It Now” potential buyer of your product
  • Increase sales by finding your potential buyers instead of them having to find you!

2. Find New Market Niches: You may also do some research on related products and find that there is a market for an item that you previously thought was not really sellable. For instance, if you currently sell musical instruments, you may want to consider selling sheet music as well. When I checked this category today, there were 127 “Want It Now” entries for Sheet Music and Songbooks. As a seller, you can browse through the requests to get new ideas for items that are in demand!

  • Look for high mark up items––because this research takes a bit longer, you want to be sure to get enough money to pay for the extra time.
  • Look for repeat sale items––once the buyer finds that you have what they need, you may be able to keep the customer for future sales.
  • Look for items that you already have access to but have not been listing––finding a new market is always useful!

3. Be the Go-Between: Do a bit of research to connect potential buyers and sellers together. For instance, there is someone currently on “Want It Now” that is requesting Riverdance tickets at NY Radio City Music Hall.

image

As you can see, one person has responded with tickets. However, the “Want It Now” buyer has not responded to this post. If you research on eBay, you will find that there are many other people with Riverdance tickets for sale. Try emailing them to let them know that you know of someone looking for Riverdance tickets. Then ask them for a commission if you point them to the person and it results in a direct sale. If they say yes, it should only take an email or two to work out the details. Then you just have to send the seller the link to the person wanting the tickets so they can post what they have for sale.

For example this person has river dance tickets:

image

The seller, Minionofnothing, has not posted that he has tickets available to the “Want It Now” post for Riverdance tickets at NY Radio City Music hall. Also, In this case, the person that posted it on “Want It Now” might not know about these tickets. You could email Minionofnothing and try to work out a deal.

Another thing would be do to a quick Google search for Riverdance tickets. Then write an email to the vendor of those tickets to see if you can get a finder’s fee. Once again, work out the details, and send the vendor the link to post the tickets. For instance, a quick search of Google found http://www.tickco.com/Concerts/Radio_city_hall_tickets.htm has available Riverdance tickets.

For either of these “Be the Go Between” methods, you should be able to make a deal in about 15 minutes, thus creating four potential sales per hour.

4. Create an eBay Store with an Affiliate: I came up with this idea when I was looking at the travel section of “Want It Now.” There are plenty of people looking for lodging, airline tickets, tours, etc. You can capture these leads by creating an eBay store dealing with travel. On your eBay store site, you can have an affiliate partner that takes care of the sales. For instance, EconomyTravel.com has an affiliate program that pays 2% of all sales for an average commission of $29.16. ABSTravel.com is another possible affiliate that pays $5.00 for every round trip airline ticket, 5% on every car rental, 5% on every international hotel, and 4% on every domestic hotel. By hooking up the “Want It Now” posts to your website, you have the potential to earn a commission!

For example, someone on “Want It Now” wants cheap European tickets:

image

Respond with something from your eBay travel store, and then you will be able to communicate with them via email and send them to your store. If they purchase any tickets through your affiliate, you have earned a commission!

These are just a few ways to make money using the “Want It Now’ section of eBay. Start using this wonderful new tool to increase your sales and your profits today!

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Janiece Smith is the author of Internet’s top-selling eBook teaching everyday people how to make their own small fortune selling on eBay®.

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