Thursday, July 2, 2009

What do you need to do to get sales on Bonanzle?

Its always hard to start on new marketplace such as Bonanzle. She is picking up well but its going to take 4-5 years i think before she is going to have enough buyers to give enough sales to all her sellers.I opened few booths on Bonanzle and managed to get decent sales only after i put hardworks on my listing.

Here few things that i can share with you all here.

1. The first one is to put relevant keywords in your title listing and contents. Since half of the traffics come from Google base then putting a relevant keywords in your title listing might be a good idea.For example if you are selling Chocolate brownies , you have to make " chocolate brownies" keyword is included in your title listing and title content.

2. You have to make sure you take a good and clear picture of the product. You wont believe how well good pictures can give a good impact on your sales conversion.

3. Price , you have to check with other competitors in order to put reasonable price.

4. Acceptable shipping cost

5. Reasonable delivery period

6. Payment , You should accept paypal and Google Checkout because majority of buyers will only pay with these 2 payment platforms.

Thursday, February 26, 2009

Bonanzle Market Research : some of handbags sold on 20-25 Feb 2009



Louis Vuitton Vernis Violet Heart Coin Purse Bag
$205.00
Sold on 25/2/2009




Hayden Harnett Havana Hobo Oyster
$80.00
Sold on 25/2/2009



Multi-color Brown Brahmin Bucket Bag $5.00
Sold on 25/2/2009





Balenciaga 2006 Black City
$990.00
Sold on 24/2/2009




Rebecca Minkoff Purple Mini Nikki
$250.00
Sold on 24/2/2009




Rare Coach Denim and Vintage Leather Small Duffle 10405 $150.00
Sold on 24/2/2009




Auth YSL Yves Saint Laurent Large Muse Violet NWT $560.00
Sold on 24/2/2009




Rebecca Minkoff Royal w/ Brown Basketweave

Sold on 23/2/2009



Authentic TDF Red Chanel Medium Flap with Bijoux Chain *TPF* $3,000.00
Sold on 23/2/2009


Gucci Pelham Medium Shoulder Bag - It's a must have $365.00
Sold on 23/2/2009





Mulberry Poppy in blue copperhead snake
$595.00
Sold on 23/2/2009





Authentic Louis Vuitton Damier Azur Speedy 30 $500.00
Sold on 23/2/2009






Balenciaga ELECTRIC BLUE PT SGH **holy grail** $1,650.00
Sold on 22/2/2009





Balenciaga 05 Taupe Day $899.00
Sold on 22/2/2009





Marc Jacobs Hudson (ON HOLD) $675.00
Sold on 22/2/2009






Marc Jacobs Striping Bowler - HTF! tPF member
$700.00
Sold on 21/2/2009



Marc Jacobs Brown and Tan Trish bag, $679.00
Sold on 21/2/2009





Marc Jacobs Patchwork Quilted Black Lou NWT $450.00
Sold on 20/2/2009

Saturday, January 31, 2009

What will bonanzle be like in next 3 years ? Big version of Etsy or small version of eBay

What Will Bonanzle be like in next 3 years ? Imagine Bonanzle already reached 10 million users by that time. The market is so busy and even those 2 founders wont have hands to handle all users by themselves. They hire hundreds of Customer service officers and build a very beautiful office in California.

What will it be like then ? Will Bonanzle could hold it's community sense like Etsy does but in a major scale of size or Bonanzle will become pain in the ass platform like eBay does who loves its shareholders more than its users.

What will it be like?

Thursday, January 29, 2009

Automatic download feature : Selling ebooks and softwares on bonanzle

I am very happy to see an exponentially growth of Bonanzle. In few months they already hit almost 1 million items under the roof. However most of the item listings on bonanzle are tangible products. It would be cool if Bonanzle can add automatic download feature for virtual items like ebooks and softwares on their platform. I can bet we will see a big scale of sellers migration from eBay if the feature is available on Bonanzle. Even If we look at other competitors like e-crater and blujay , none of these marketplaces have this particular feature and it would be great advantage for Bonanzle to compete in the industry. What do you think?

Wednesday, January 21, 2009

Can you possibly sell expensive items on Bonanzle?

I did some research on items sold on Bonanzle last night. Since Bonanzle is still new , many of us still thinking that we can only manage to sell few penny items here. However what i found on the handbags category really astonishing. I filtered items sold for the price range of 1000-2000 dollars for the keyword handbags tadaaa!! all these items suddenly appeared on my screen.



please click on the image to enlarge.

They are thousands of dollar worth of handbags sold up to date. The conclusion is they are lots of buyers are ready to spend their big money here . If you want to list expensive items just go a head because nothing is impossible on Bonanzle.

Monday, January 19, 2009

Bonanzle membership - Google Analytic

I just registred as a plus member on Bonanzle. Now i can track my traffic using Google Analytic. I think it is very useful tool if you are a serious seller. By using Google Analytic i can track my visitors not just from Bonanzle site or forum but also from other sources.



First of all you have to register with Google Analytic , get the code and paste in to the given field for Google Analytic user account on your Bonanzle admin.Wait for an 1 hour then it will start tracking your Bonanzle Booth.

It will cost you $10 a month. If you ask me " is it really worth it to use the tool?" i would say definitely yes. Instead of having an ability to track your traffic using analytic you will also get few benefits from it such as

  • Eligibility to be a featured booth is: on.
  • Items featured in item searches: no, requires premier membership.
  • Items twice as likely to show on home page: no, requires premier membership.
  • Profile star is activated.
If you are not yet registered for plus member , do it now!!!

Thursday, January 15, 2009

Bonanzle tips : How to calculate shipping cost base on weight?

Hai there , today im going to show you step by step how to calculate your item shipping cost base on it's weight. Bonanzle platform supports 2 shipping companies UPS and USPS. It is easier this way because you dont have to calculate seperately and put one by one via fix shipping cost.

Lets how to do it.

Step 1 :



First of All open your listing window , choose buyer pays calculated and fill the form for lbs and oz , select wheather you use normal package , big package or etc. save the listing and update your booth.




When buyer visits your listing , he/she will see get price link on the listing page.





When he/she click on the get price link the calculated shipping will be shown automatically.