October 2nd, 2008 by Ted Truong

Why Now is the Best Time To Sell Online

Speaker: Marsha Collier, Author, eBay For Dummies Series
Conference Notes:

Changing mindset of the customer

  1. Online customers are more sophisticated and demand to be engaged
  2. Returning back to the personalized, engaging business mindset of your local business
  3. People want personalized, meaningful, relevant information – not spam or just product promotions
  • Good Example: Zappos advertising on LAX security bin when you place your shoes and items during security check
  • Bad Example:Overstock running a promotion on “Free Shipping” when they only charge $2.95 for shipping on all purchases.

Engage the customer beyond just products and price

  1. Don’t rule out any target audience
  2. Use social media (MySpace, Twitter, Facebook) to reach audience that you may not have anticipated

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