To Find Out if Auction Yen Really Works!
If you sell on eBay then I am sure that you must have asked yourself this question at least once if not more, "What shall I sell". Now some people are able to find profitable niches without major problems but for the majority it can be a daunting task. Its even more painful if you get stock that fails to sell. This is where Auction Yen comes in, it aids you in finding what buyers want but the question is does Auction Yen really work?
To find out if Auction Yen really works or not we need to first establish how it operates.
Have you heard of the Want it now section on eBay? If you have then that's fine but for the benefit of those who are not sure, I will quickly mention what is this section about. The Want it now section is like a posting board where people post requests for stuff they are looking for but can't find on eBay's main site. The sellers which have got what the buyer is looking for respond to the buyer's post by submitting the item number which is listed on eBay, for more details visit to www.mining-auction-gold.com the buyer then goes to the listing and if it is what they were after then they buy it or bid on it.
Now to understand what Auction Yen does, it pulls information from the want it now section and displays it in its own interface. It analyzes all the information and looks for how many times words have occurred. It then breaks this up into 1 word, 2 word, 3 word, 4 word and 5 word groups. Under the 1 word group you may not be able to make much sense of a product because it will say something like "bottle" which is too broad, for more details visit to www.auction-professional.com but under the 4 and 5 word tabs you will have a better picture of what people are wanting because it will pin point a specific product like "vintage bottle with square cap". Now if Auction Yen tells you that there are 500 posts asking about "vintage bottle with square cap" then you might be onto something.
Auction Yen then allocates a Yen Factor to each keyword between 0 to 10 which determines if the niche is profitable or not. The nearer it is to 10 the better. Auction Yen determines the Yen Factor by looking at how many times a keyword has occurred in different posts and how many sellers have responded to it, the more occurrences of the keyword and less responses from a seller warrants a high Yen Factor. This does make logical sense, because this means that there is a demand for a product but no sellers have responded which means that there is no supply. So if you can source this product and list it on eBay then the chances of it selling are quite high because people want it.
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