08 Mar 2008 12:27:47 | Kirsten Hawkins
eBay Anything points are a loyalty scheme, just like you might
get in a shop. The buyer earns points on their purchases, which
they can then redeem for money off when they pay for items
through PayPal.
Buyers can also earn eBay Anything points when they use the eBay
credit card, or exchange their frequent flyer miles for eBay
Anything points. People think it's really great to take frequent
flyer miles they're never going to use and get stuff on eBay for
them.
How to Offer Points to Your Buyers.
Go to http://anythingpoi
nts.ebay.com/offer.html and click 'Log In to Offer Manager'.
Enter an item's number to offer Anything points on that item.
How Does it Work?
You choose how many points per dollar you want to offer to your
buyers when they pay you with PayPal. Each point costs you 1c,
and is worth 1c to the buyer - eBay don't take anything out
along the way.
For example, if you sell an item worth $500, and you offer 2
points per dollar, then the seller will receive 1000 eBay
Anything points - the equivalent of $10. You only pay for the
points when the buyer actually receives them, and you can offer
points on as many or as few listings as you like.
Each listing you add will get a big banner below the
description, saying "X Anything Points per dollar of the final
price for buyers who pay with PayPal". Buyers can click it for
more information on the scheme.
Why Would You Want To?
Really, most sellers who offer points are doing it to get around
a condition of their contract with their supplier. Many sellers
only get access to goods at wholesale prices provided they don't
list them for sale below the manufacturer's MAP, or minimum
advertised price. The points allow them to offer the items at
the MAP and then give their buyer money back in the form of
points. It's a bit like a virtual rebate.
The eBay Anything points scheme is good for you and for eBay, as
it encourages buyers to use PayPal instead of more cumbersome
payment methods. eBay are keen to promote PayPal, and obviously
thought this would be a good way of doing it - not to mention
that it keeps buyers coming back, to spend their points. You
will also get to be listed on the 'Earn Points from eBay
Sellers' page, which is here: http://anythingpoin
ts.ebay.com/earn.html.
Here's another advantage for you: if you buy things from sellers
who offer Anything points, you can then use those points to pay
your own seller fees. Another seller gets to pay your fees for
you! All you need to do is go to My eBay, then Account
Management, click the Pay button, and then choose the option to
use your Anything points to pay.
If you're going to offer points, then you want your auction to
end for as much as you can possibly get - let the buyer pay for
their own points! All you'll need is our next email, all about
strategies for when to start and end your auction.
About Author :
Kirsten Hawkins is an Ebay and internet auction enthusiast from
Nashville, TN. Visit http://www.auctionseller411.com/ for more
great tips on how to make the most from Ebay and other online
auctions.