We used to recommend that new eBay sellers sell digital products such as eBooks to build up a good feedback rating.
It was easy to do — buyers would get instant product — you would quickly get established as a seller and boost your feedback scores.
eBay changed the rules and now electronic products can only be listed using eBay’s Classified Ads, which cost $9.95/month and don’t qualify for feedback.
But there is a way you can still selling digital products on eBay… converting them to a CD and selling them as physical products.
Of course you lose many of the advantages of selling downloadable products (such as no shipping fees, no inventory to handle, etc.), but this strategy is still a great way to boost your detailed seller ratings and get started on eBay.
Plus, now that there are way fewer digital products available on eBay, so it’s likely you can command a higher price for things like eBooks on CD.
This strategy isn’t likely to make you loads of money — in fact, you might only break even or perhaps make a small loss. But it can be a great way to generate leads, establish relationships with customers, and keep them coming back for more… so you’ll be much more profitable in the long run!
So how do you go about putting your digital products onto CD and selling them on eBay?
1. Decide how you’ll sell digital products on CD
First you need to decide how you’re going to use digital products on CD in your eBay business.
Will they be your main product? Or will you offer them as a bonus with something else? Perhaps you could use them to generate leads for future sales. Or you could use them as an "upsell" — an extra product that you can add to an order for a few dollars.
It’s also important to research existing digital products on CD being sold on eBay. When you’re looking at what’s already out there, ask yourself these three crucial questions:
- Is the item scarce? The problem with eBay’s old policy of allowing people to sell eBooks and other digital products was that it seemed like EVERYONE did it! That meant there were thousands of similar digital products for sale, often for just a few cents each.
But the good news now is that there aren’t many digital products on CD for sale, which means you’re likely to encounter much less competition.
- Is the item desirable? Do people want to buy your digital product on CD? Or can they easily instantly download something similar elsewhere? Desirability is linked to scarcity, because an item’s scarcity often makes it more desirable.
- Is the item in demand? Do people NEED your digital product? Are you selling authoritative information they can’t get anywhere else? Patterns, product manuals, scrapbooking templates and other unique and hard-to-find items translate well to CD, because people will overlook the slight inconvenience of waiting for a CD to get them.
Click here to find out what’s hot on eBay.
To research what’s already available for sale, click here.
2. Find a CD duplication service
Burning digital products to CD can be a tedious and time-consuming process — so why not get the job done quickly and cheaply by a professional company?
This can be well worth it if you sell a lot of CDs — because you can negotiate better rates for larger orders. Plus, some CD duplication companies can also take care of your fulfillment.
Here’s what you need to know BEFORE you select a CD duplication service:
- What format you require (audio CD, data CD, or DVD)
- How your CDs will be packaged (options include plastic cases, paper envelopes, cardboard sleeves, and clamshells)
- What text or graphics you need printed on your CDs and packaging
- How many copies you need
- Whether your order is a one-off job — or you’ll need more copies in the future
- How quickly you need your CDs produced
- Whether the duplication company complies with International (ISO) quality standards
So what can you expect to pay?
Well, prices tend to depend on the size of your order, but here’s an example of typical prices for different quantities of standard 74-minute/650MB CDs with text logos and covers with one side of printed text:
- 10 units: Total cost: $46; Cost per disc: $4.60
- 100 units: Total cost: $148; Cost per disc: $1.48
- 1,000 units: Total cost: $1,090; Cost per disc: $1.09
Duplium (http://www.duplium.com/) is a good option for North American sellers — or you can search Google for a suitable company in your area.
3. Build your own website and sell your digital items OFF eBay
If you still want to sell your digital items as downloads rather than on CD, but you’re worried you won’t sell enough using eBay’s Classified Ads, you should consider setting up your own website.
You’ll need your own domain name, such as www.mysite.com, and a web hosting package that gives you some virtual "space" on the Internet to store your website. When choosing your domain name, keep it related to your business, and consider using words that reflect your eBay user ID or eBay Store name.
Visit www.marketingtips.com/webhost to learn more about registering a domain name and purchasing web hosting for your first site. Then you have to build your site. Here are the three easiest ways to go about it:
- Bebiz: The best option for setting up a simple — but effective — money-making website is our own BeBiz program (http://www.bebiz.com/). BeBiz is an easy-to-use interactive program that guides you every step of the way as you create your own Internet business — and it’s ideal for building a website to sell digital products. It also includes full video tutorials that walk you through each step — removing every single barrier standing between you and your own successful online business. A huge advantage of BeBiz is that it goes beyond just setting up a website and shows you how to attract the search engines so you can get lots of traffic.
- Free website templates: For a simple one-page website, search Google for "free website templates" and choose something that reflects your business. Then just fill it in.
- Create a blog: Blogs are easy to create and maintain, and they can be really useful for selling and/or promoting your eBay business. Google’s Blogger service (www.blogger.com/) makes it easy to create a blog that’s simple to update with information about the products and services you offer. And it’s free!
Your own website can be great for boosting your eBay business as well as giving you an extra outlet to sell your products.
By linking to your eBay listings or eBay Store from your website, you can get more people to look at your items AND improve their search engine ranking.
Plus, if you sign up as an eBay affiliate in the eBay Partner Network, you can actually get paid by eBay for driving traffic to eBay listings!
The days of selling digital products through regular eBay listings may be long gone — but these new strategies can help you build relationships with customers, prove yourself as a reliable seller, boost your DSRs, and make you more profitable in the long run!
And digital products are still one of the most profitable things to sell on your own website — so you should definitely check out how http://www.bebiz.com/ can help you create another stream of income outside eBay!
This article appeared in our Bidding Frenzy Newsletter (subscribe to it here). You’ll get the latest information on eBay selling techniques — Free!
{ 10 comments… read them below or add one }
You mention linking to your eBay listings or store, but have you found a way to link the other way? eBay used to be a good source of traffic to your own site, but they have really clamped down on that, to the point where it’s become a closed system. As such, it has little interest for me.
Thanks
Hi,
New idea.
But time needed to apply.
Anyone else find ebay down right
Derek? Is Derek Gehl there?
I’m wondering, Derek, and everyone, anyone, why all the focus on eBay? Yes, I have found items I really need, like a 10-tine horse barn fork, used, and obviously an ‘antique,’ from a Texas farm, for my compost project, but I also do Not appreciate the awful downside to dealing with self-centric eBay, especially PayScam, er, PayPal.
But, and this should have been, IMHO, a long-ago focus of IMC, I Do Love buying all sorts of new, used, and auctioned items from and through Amazom.com, Especially for their financial and seller integrity, excellent service history, and the way their entire “Store” experience ‘feels’!
Sooo, dear Derek, and IMC, where’s your courseware for marketing on Amazon, you know, the humongous online etailer in your front yard? (Tacoma, Washington)
Also, while I’m taking up this space, where does IMC hide a course on creating one’s own digital product, especially an ebook, and a guide for marketing it effectively, via resources like ClickBank, one’s own website, and affiliate-direct marketing?
Hopefully my email addy will show in the “Website” link, but all replys are welcome!
nu.sales4u@gmail.com
Claude
Don’t you think that creates way to much work for a few dollar item?
Hi
I just have some questions.
Can a content (containing lots of free information) based website selling several items out perform a single sales page?
If the content wesite doesn’t sell items as well, what about organic SEO for traffic in the future? Is it worth having free info on a website, or is it better to just do mini sites?
Thanks Craig
Hello congratulations by blog, I was also looking for digital products to buy, where they estan better ordered and classified with the best prices for you colleagues I give the connection you who I found. http://www.g3-shopping.info
Much luck the Cosario.
I have never quite figured out Ebay, but I do have a store at Amazon I am setting up. Do you have any ideas on that? Or any other auction sites. Ebay seems totally overrated.
Thanks,
Lola V
For affordable cd duplication – check out http://www.bcduplication.com
My source of purchasing e-books to resell is ebooksforinformation.com.
Very reasonable start up fees and it is a one-page pre-designed format..ready to go. Good variety.
{ 1 trackback }