Registering on Bonanza is quite simple, you fill out four fields with your information and you have completed the registration process. Bonanza seems to be like eBay, instead of having a store like on eBay you will have a booth on Bonanza. If you have an eBay store, you can use the import tool to import the products there and bring them over to your Bonanza booth. Although it is time consuming, it is easier to import around 10 products at a time rather than 50 or more.
It is necessary to get to know your potential customers. They can contact you through your booth, and you can answer any questions they have about your products. This is extremely important to develop the trust between the owner of a business and the customers.
As a business owner, you need to write out your company policies so that there are no misunderstandings. You need to address returns and refunds.
Posting any items to sell if completely free and that includes posting pictures of your items too. When the item is sold, there is a very small fee, it cost about one third of what eBay charges for the same process. The seller is responsible for setting the prices for the items they are selling.
Taking photographs of your items is a very important part of selling. After all, a picture is worth a thousand words. Bonanza encourages you to use or 4 different views of your items so that the customer can see every angle. Along with your pictures, you should write snappy descriptions of your items. Make your item sound like something every one needs to own and can’t resist purchasing it.
There are three different ways to sell your wares. The first way is the regular auction where people bid and the person who bids the most wins. The second is setting a price on your item and sticking with it. The third is called a rush sale on Bonanza. A rush is a quick sale, it is when a group of sellers with similar products discounts their rush items at least 15%. There are different category rush sales every day. It is a way to clear so of your older items and replace them with newer items to sell. This is where setting your price comes in handy, you must make it so that you still profit even having your items in a rush sale.
The seller is responsible for marketing their booth any way they choose. It is simple to add a link to your other websites or in your emails. You can also advertise in several places on the internet. It helps if you email all your friends and family with the news that you have a new booth at Bonanza include your link. Have your family and friends spread the word about your booth and before you know it the customers will come to your booth in droves.
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