The business I chose for the purposes of this class is a business that promotes my horse equipment sales on Ebay. The inventory I have consists of the items that I am currently helping a friend of mine sell. Using social media to promote this type of inventory has its challenges. The major challenge is that I only have "one" of everything. For example, I am selling three of my friend's saddles. For each saddle, I only have one model, one color and one size. So if I was able to reach someone who happened to want that model of saddle, I do not have a selection of colors and sizes. I only have one. I also may or may not have the accessories that a saddle buyer would want to go with their saddle. I guess what I am trying to say is that my inventory is basically like a garage sale (which is why it is perfect for Ebay). So, I have the choice of advertising each listing separately for the specific item that I have or trying to drive potential buyers to browse my "garage sale" of items.
I would rather use advertisements that are seen in the news feed rather than on the right hand side. If I chose to advertise each of my listings I would certainly use a photo ad. I also have the option of including more than one item in the photo. If I took an attractive photo of a group of items, I might be able to advertise more than one EBay listing per ad. I could also try the multi-product ad, where I could include several pictures of listings in one ad.
I might be able to use a video ad if I could think of a clever or funny way to showcase my items. Using local ads would not help me because I am selling on-line. Event ads are not applicable to my business.
Using the "Boost Sales" option should work for me. I know that my target market is female between the ages of 17-45. My target market would also list horses as an explicit interest. Also, from my target market's interests and behaviors on Facebook, I should be able to choose horses as an intrinsic interest.
I would want to post ads when I have new listings on Ebay. I would like to keep my budget as low as possible.
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Good point! Having a limited inventory for your business can make your options more narrower. What about like Craigslist or that other site that's similar? Have you tried selling your merchandise on those?
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