Buying and selling is a general term that covers many kinds of transactions. Take for instance buying and selling of property. If you are a seller, there are certain rules you should adhere to.
Be flexible. Often it’s the little things that push a buyer into the “yes” zone. If the buyer goes on and on about how much they love your icemaker, throw it in. If the closing has to be pushed ahead more than you expected, try to be as flexible as possible and pack the moving van a little quicker.
Clean up. One person’s prize doll collection is another person’s cluttered nightmare. Similarly, a living room filled with Beanie Babies could elicit a reaction of fear, rather than “Aw, how cute!” from a buyer. Put away any personal collections that not only cause clutter, but also make it hard for a buyer to see the home as his or hers, rather than yours.
Don’t be greedy. The market—not your emotions—dictates your home’s price. If comparables in the area, and several trusted real estate agents tell you your home is worth $400,000, you’re not fooling anyone by pricing it at $500,000—and you’re only doing yourself a disservice. Pricing it at market, even a little below, could generate a bidding war, and ultimately get you more money.
Buying and selling has become an online affair today. In this field there are also rules that you should abide by or else have a terrible shopping experience.
DO check with your parents to make sure it’s ok for you to shop online. Your parents may want to supervise your online transactions.
DON’T share your passwords with anyone. Many websites will ask you to establish a password to buy from them. Use different passwords for different websites and keep them complex. It can be hard to remember the passwords, so keep them written down and in a secret spot.
DO be prepared when purchasing. You will be asked for the name on the credit card, the credit card number and expiration date, your address and the mailing address for where the item should be shipped.
DO check Internet merchants’ refund policies; some merchants set a deadline for returns or charge a fee to accept returned merchandise.
DON’T wait for paper statements. Check your credit card and bank statements for suspicious activity by calling your bank or visiting your bank’s website.
Now that online shopping is what everybody does it is important that sellers know how to sell. They should know what to sell and where among other things.
Secret 2 to selling products online – choose the right niche
What products sell online is a question we get asked frequently. The answer is less about what item will sell more than another online, and more about how much each website has done to promote it, and the size of the potential niche you are appealing to.
The smaller the niche the less competition means you have more chance of the buyer finding you. It also means less potential buyers. So you need to balance the level of competition with the size of the market.
Secret 3 to selling products online – make it easy for the buyer to purchase
Visitors to your website or blog have a small attention span, so you have about 10 seconds to grab their attention when they first visit your site. Don’t put obstacles in their way or make them think, as soon as you do this they will leave.
Three golden rules are:
- Don’t force visitors to register when they first visit your website
- Don’t make the navigation on your website or blog
complicated to use. Put the navigation at the top of the page.
- Don’t make buying process long and don’t try to collect a lot of information from buyers. The more steps and information requested, the greater the friction, and the more lost sales you will have as buyers abandon their purchase.