This morning I’m enjoying a very good seminar at eBay Live by Andy Sernovitz of Gaspedal.net, where he is discussing “The eBay Entrepreneur: The Secret Sauce for Selling Stuff”. What I’m really enjoying about this presentation is that Andy is talking a lot about blogs (like this one!), social networking among people on blogs, message boards and chat, and about finding inexpensive ways to market yourself online.
Here are some recaps from the presentation:
Acronym of the day “GREASE”:
- Guerilla promotion
- Reel them in
- Encourage trust
- Amaze your buyers
- Sign them up to help
- Entrepreneurial Energy
Since the Guerilla marketing piece was my favorite, here are the highlights of that section. All very good advice!
eBay is a crowded space, you can’t wait for people to find you – go out and get them
A million ways to do it
– Participate in the online conversation (blogs, message boards, chat rooms)
– Mention your auctions
– Respect the network/channel that you’re in – DON’T blatantly “sell” your stuff.
Word of Mouth marketing (WOM)
– Word of mouth is cheap
– Word of mouth favors the little guy
– Be remarkable (references Seth Godin’s book “Purple Cow”
Easy Publicity Stunts
- Auction to raise money for charity
- Link to related products
- Gives people something to write about
- Gives someone a reason to link back to you
- Sell something WEIRD (ex: Jones Soda: Sells the worlds most awful flavors of soda)
Find a Partner who doesn’t compete with you and has a reason to link to you
- Who will link to your listings?
- Who benefits your successes?
- Find a NON-Competing ally
- How to motivate them:
- Give them a commission
- Put their promo in your box
- Put a sample of their product in your box
(ex: Tieyak could partner with fishing lodges)
Here’s hoping that Andy puts the rest of the slides up on the web somewhere.