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Bonanzle Item Traits – an new system to help buyers sort and filter results.

Bonanzle Item Traits – an new system to help buyers sort and filter results.

For example, if a buyer is searching for antiques created in the early 1900′s, there is now a filter in our search that lets them view only those antiques created between before 1950. We have a name for these specific item details: “traits.” The example above is one of more than a million category-specific item traits we now have available in our system.

Starting soon, buyers will be using traits to make very specific searches on Bonanzle, and if your items haven’t been setup with traits, you could be missing out on potential sales when your items don’t match the buyer’s filters.

Great news, especially seeing this will also be part of the google connector feed to help target your buyers.

A new project is underway to help build Bonanzles knowledge base called the Booth Optimization Project. If you have expertise in selling on Bonanzle and like to write – help the Bonanzle community.
More information here:

http://www.bonanzle.com/bop

Finally – congratulations to Bonanzle they reached 50,000 members last week! They are now a solid tie for second place after eBay in listing volume.

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Posted in Uncategorized.

Amazon FBA adds Inventory Age Report

In the recent newsletter from Amazon about Fulfillment – I noticed a great new offering:

Inventory Management Tools: New ‘Inventory Age Report’
The new ‘Inventory Age Report’ will launch soon to give you visibility into the age of your inventory in our fulfillment centers.  The report will show a snapshot of inventory by age in incremental 30-day groups to enable you to identify how quickly your products are selling.  With this visibility, you will now be able determine appropriate actions such as offering a sales price, creating a promotion or even removing the items from storage.
 
You will be able to access the report from the Fulfillment section of the Reports tab in your seller account, and it will be available both as an online view and as a downloadable file.

I love it! Now I don’t have to wonder how fast or slow my FBA inventory is selling.

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Posted in Amazon.

Business Grant For Women Entreprenuers

Are you a woman entrepreneur with an idea for an innovative, socially conscious business?

Eileen Fisher Business will award five woman-owned companies with grants of $10,000 each

For more information, or to apply:

http://eileenfisher.com/ourcompany/cons/women_owned_bus_prog.asp

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Posted in Business Opportunities.

Amazon Offer Free Payment Processing Through Sept 2009

Do you know that over 95% of customers leave ecommerce sites without purchasing and only 50% of customers who put items into shopping carts actually purchase?

That’s according to a Javelin survey.

You can better your odds of getting those shopping cart customers to convert by 14% if you offer three or more payment types (other than just three different credit card types).

These alternative payment types include: PayPal, Google Check-out, Bill Me Later and now Amazon Payments.

Recently Jockey.com added Amazon Payments and now see about 30% of their customers are the Amazon service.

Amazon has three payment structures to choose from:

  1. Amazon Simple Pay – good for digital products with no physical delivery and non-profits who are collecting donations
  2. Amazon Payments – for merchants who have physical products to ship
  3. Flexible Payment Services – merchants who need customized shopping cart integration via API

Amazon payments offer existing customers their ‘one-click’ payment service – which we all love!

And, they offer merchants no start-up charges. Payment processing is 2.9% of the total plus .30 per transaction. They also offer a lower value payment processing option for items under $10.00 – 5% of the total plus .05 cents per transaction.

Unlike selling directly through amazon’s catalog online, payment processing services have no category restrictions (except of course government restriction like tobacco and alcohol).

And to get sellers on board the Amazon Payment service – they’re offering a great free trial!

For more information go to: https://payments.amazon.com/offer

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Posted in Amazon.

The Amazon Product Detail Page

Amazon just released a new video about the Amazon Detail page. It’s filled with tips on how to create a listing if you have a Pro Merchant account.

https://s3.amazonaws.com/amazonservices/merchant/DetailPage/detail_page_sc.html

(you may need to log into your Amazon Account to view the video)

The highlights of the video include information about:

Specifications about the title. Whenever possible use exactly what the manufacture calls the item to prevent confusion and make it easy to find.

Use the unique identifiers that the manufacture provides. Use either the UPC, EAN or ISBN number to make sure you are listing in the correct detail page. Even if your item is slightly different (ie: box color or item color) if you use manufacture provided numbers you’ll match it to the correct listing.

An ASIN number is the Amazon assigned number to identify the product in the Amazon Catalog. The acronym stands for Amazon Standard Identification Number. This number is also part of the item’s URL.

When uploading a picture, use only white backgrounds and make sure they are at least 500 pixels on the largest end.

When creating the bulleted list include information such as size, material and any accessories that may come with the product.

If you see an error on the page notify Amazon by using the feedback form on the lower part of the listing page. An Amazon employee will review the page and update it if required. If there is a URL that backs up your correction be sure to include it when you contact them. Product pages can NOT be deleted by users. If you see a page that should be removed, contact Amazon through the feedback area on the page.

Finally more tips on how to win the Amazon Buy Box

While this may change, here is the latest information about winning the buy box. Amazon bases the results on the seller criteria below:

  • Price (lowest price including shipping)
  • Item Availability (how many of the SKU you have in stock AND how fast you ship)
  • Customer Feedback (number of refunds and A to Z claims)
  • Sales Volume

You may not meet the criteria, even if you are the only seller of the item. In that case no items show in the buy box, but they are still listed on the “all seller listings” page.

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Posted in Amazon.

The April Newsletter Is Online

In This Issue:

  • eBay Changes
  • International Sales
  • Want to start building a passive income generator?
  • The Web Sellers Circle Continues to grow
  • FastBackStack
  • eBay Almost Live in June
  • Amazon Conference – July
  • What’s A Bonanzle Up?
  • Knowing Customer Demographics Helps Your Marketing
  • One Last Word…

 www.clovercitysells.com/april09-news-2.htm

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Posted in Uncategorized.

Make Your Site Fun To Attract A Crowd

This is part six of a six part series on Internet users based on the study done by McKinney & Media Metrix

Sportsters
Like Routiners, Sportsers go online primarily for content. Unlike the Rountiner though this group of online users visits primarily sports and entertainment sites. They spend just 7.1 hours a month online. That’s far below the 9.8 hour average.
The more interactive and flashy your site the more likely you’ll be to grab and keep this group. This group will also respond to the feelings that they are getting something special. If you are targeting this these users try having contests, use video and audio.
Unlike the serious Routiners, who want a membership site for access to useful information this group would respond more to a membership area that was geared toward fun and entertainment. A successful membership site might cater to both these groups – and be highly successful. An example of targeting both the Rountiner and the Sportser is group of fishermen. People who enjoy fishing , would look online for more information about their sport. They’d come looking for latest tips on better bass fishing as well as celebrity interviews with the latest trophy winner.

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Posted in Business Opportunities.

Routiners Are Perfect For Online Membership Sites & Associations

This is part five of a six part series on Internet users based on the study done by McKinney & Media Metrix

Routiners
This group of Internet users goes online for content. Only about half of the group has made a purchase online. Routiners tend to spend much less time on the net and visit fewer domains than most. They routinely go to specific sites and check for new information; typically Routiners visit new and financial sites.
To market to this group is a challenge because Routiners are on the hunt for quality content and looking for the sense that they are getting ‘something special.’  This type of user is more likely to respond to a special ‘members only’ group or a paid subscription if the quality of the content is better than average. The challenge is to find the sweet spot this group will respond to and open their wallets.
Membership sites are a perfect fit for Routiners. If you can find a target segment (niche market) and offer valuable information, members of this group will be your most loyal followers.

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Posted in Business Opportunities.

The Good News & Bad News About eBay Shoppers – They’re Called Barganiers

This is part four of a six part series on Internet users based on the the study done by McKinney & Media Metrix

Today we’re going to look at the group called Bargainers
Bargainers are fiercely devoted to one aspect of the Internet: the quest for deals!
Think you can sell high quality products for a regular retail mark-up on eBay? These hard facts may take your breath away…..
Taking up only 8% of active online users this group represents 52% of eBay visitors.
If your business plan includes selling on eBay and you do not offer a unique or collectible product your best strategy will be to either offer the lowest price (including shipping) for the product or to market your eBay business to other segments of users. In the latter case, you’d downplay the fact that your products are sold on eBay and consider eBay’s service simply a shopping cart/inventory management tool.
If you have a supply of products you can offer these bargainers, selling to them will be simple. EBay offers the community and the price they seek. Your main duty will be to keep the products in stock and shipped out quickly.

Tomorrow we’ll look at the group called: Routiners

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Posted in Business Opportunities.

Connectors Are The Social Butterflies Of The Internet

This is part three of a six part series on Internet users from the study done by McKinney & Media Metrix

Today we take a look at the group of users called Connectors
This group of newbie users are looking for a reason to use the Internet. Connectors account for 36% of the active Internet user population; however 40% of them have been using the Internet for two years or less.  Of this group only 42% have made a purchase online (compared to the average 61% of other groups).
Connectors often use the Internet to ‘connect’ with other people through email, chat rooms and social sites. With the popularity of Facebook for women who are 55 and older – I’d guess many Connectors can be found on Facebook.
While connectors may not be ready to purchase online now, this big segment of Internet users shouldn’t be ignored. As they become more comfortable with the Internet they may soon learn how simple it is to buy online.
Getting the Connector to your site may be harder if you don’t have an ‘off-line’ presence. This group is very likely to come to the Internet on recommendation of a trusted brand. However, you can build your own loyal group from this segment if you can befriend the Connector on a social site. Although banner ads are not always effective, if I purchased any banner ads it would be on Facebook to start building brand confidence with the Connector.

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Posted in Business Principles.