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Get Yourself A Piece of The eBay Pie


eBay is without a doubt the greatest internet marketing phenomenon of all time. Millions of people log on every minute and every second there are hundreds of items listed, sold and bought, and of course money is made. It has become the world's largest marketplace, where the potential for selling an item is exponentially increased due to the sheer volume of people who can view the item for sale.

The attraction eBay holds for the most people is the possibility of selling or buying anonymously, and getting a great bargain. And for the first time ordinary people are making extraordinary incomes selling literally everything from beanie babies to diamond rings and cars. For those who venture out of their comfort zones into the cybermarket place, the following may com in handy as a guide to selling on eBay:

A. RESEARCH WHAT IS LIKELY TO SELL, DON'T JUST SELL ANYTHING

Contrary to what you might think, not everything sells on eBay. Your success on eBay depends on selling what people want and need, and what they will pay for. You can find this out by browsing closed auctions of items you are interested in selling, see how many bids there were for the item and how high the bid price went. The more bids and the higher the closing price the more successful the auction.

B. ASSESS THE COMPETITION

It's no use selling an item that there are hundreds of thousands to choose from. Your chances of success will be severely diminished. The rarer the item and the fewer the number of people selling the same item the better your chances of making a sale. Find out how many similar items there are for sale by using the search feature on eBay. Avoid items that are oversupplied and that everybody else is selling.

C. FIND THE CHEAPEST SOURCE OF THE ITEM
 
The best way to begin is by using a drop shipper. This is a wholesaler who will ship single items on your behalf to your customers and does not charge you a fee to do so. You don't have to keep inventory of the items you sell, and you order the item to be shipped to the buyer after you have sold it on eBay, thereby reducing your risk to near zero. Remember the principle "Buy low and sell high" That is the key to maximizing your profits.

D. LEARN THE TRICKS OF THE TRADE

It is prudent to learn as much as you can about how eBay works before you start, as there is more to it than meets the eye. There is no surer way to fail than to jump in without doing your homework well and believe me, it is work. If anyone says otherwise they're simply not telling the truth.

E. START WITH A SMALL MONTHLY BUDGET AND STICK TO IT

Don't spend more money that you can afford to lose. As with all businesses it takes time to tweak your skills to perfection. It is very easy to fall prey to internet sharks who promise fantastic returns in a short period of time. It simply does not work that way.

F. GIVE IT TIME

Forget about making a lot of money in a short time. It is slow tedious work, and make some allowances for failure. Don't get discouraged. Find out what works and what does not work and improve yourself as you go along.

c. Michael Schandorf-Lartey 2004
http://www.amazingdealz.dropshipdesign.com

 

 

Michael Schandorf-Lartey is an internet entrepreneur, and operates a successful wholesale sourcing website that assists internet newcomers to launch their own eBay businesses. He lives in Clermont, Florida with his wife and three children.


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Tue. January / 16 / 2018

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Fidel Castro's signed cigar box fetches USD 26k at auction - Outlook India

Fidel Castro's signed cigar box fetches USD 26k at auction
Outlook India
Boston, Jan 16 A signed wooden box, containing a set of 24 cigars from the personal collection of Cuban revolutionary Fidel Castro, has been sold for USD 26,950 at an auction in the US. The Trinidad Fundadores cigar box retains its "Republica de Cuba ...

and more »

Fidel Castro's signed cigar box fetches USD 26k at auction - Business Standard

Fidel Castro's signed cigar box fetches USD 26k at auction
Business Standard
A signed wooden box, containing a set of 24 cigars from the personal collection of Cuban revolutionary Fidel Castro, has been sold for USD 26,950 at an auction in the US. The Trinidad Fundadores cigar box retains its "Republica de Cuba" cigar warranty ...


Punjab Cabinet Minister Rana Gurjit Resigns Amid Corruptions Charges - The Wire

The Wire

Punjab Cabinet Minister Rana Gurjit Resigns Amid Corruptions Charges
The Wire
Chandigarh: Punjab cabinet minister Rana Gurjit Singh, who has been under fire from the opposition for his alleged involvement in sand mining auctions, has submitted his resignation as power and irrigation minister to chief minister Amarinder Singh. “I ...

and more »

Younger buyers scared of auctions but a major change is coming - NEWS.com.au

NEWS.com.au

Younger buyers scared of auctions but a major change is coming
NEWS.com.au
“The research shows younger Australians are more scared about participating in auctions than older generations. Younger generations are used to the comfort and safety of their smartphones making the idea of face-to-face bidding too terrifying for many ...

and more »

Punjab Cabinet minister Rana Gurjit resigns amid impropriety allegations in sand mining auctions - India TV

India TV

Punjab Cabinet minister Rana Gurjit resigns amid impropriety allegations in sand mining auctions
India TV
"I have now tendered my resignation," Rana Gurjit Singh said. However, there is no official confirmation of the acceptance of his resignation. The opposition, especially AAP leader Sukhpal Singh Khaira, was demanding Rana Gurjit Singh's resignation ...

and more »

The Hidden Dangers Of Supply-Path Optimization - AdExchanger

AdExchanger

The Hidden Dangers Of Supply-Path Optimization
AdExchanger
“Data-Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media. Today's column is written by Ari Paparo, CEO at Beeswax. The latest ad tech buzzword is supply-path optimization, and ...


PB Cabinet minister Rana Gurjit tenders resignation - The New Indian Express

PB Cabinet minister Rana Gurjit tenders resignation
The New Indian Express
Chandigarh, Jan 16 (PTI) Punjab Cabinet minister Rana Gurjit Singh, who has been under fire from the opposition for his alleged involvement in sand mining auctions, has submitted his resignation as power and irrigation minister to Chief Minister ...

and more »

Punjab MLA Rana Gurjit Singh tenders resignation after facing heat from Opposition over sand mining auctions - Firstpost

Punjab MLA Rana Gurjit Singh tenders resignation after facing heat from Opposition over sand mining auctions
Firstpost
The commission was mandated to probe all aspects of the allegations of impropriety against the irrigation and power minister in the multi-crore sand mining auctions. The minister had claimed that there was no wrongdoing in the auctions. This year, the ...

and more »

PB Cabinet minister Rana Gurjit tenders resignation - Outlook India

PB Cabinet minister Rana Gurjit tenders resignation
Outlook India
Chandigarh, Jan 16 Punjab Cabinet minister Rana Gurjit Singh, who has been under fire from the opposition for his alleged involvement in sand mining auctions, has submitted his resignation as power and irrigation minister to Chief Minister Amarinder ...

and more »

PB Cabinet minister Rana Gurjit tenders resignation - Press Trust of India

PB Cabinet minister Rana Gurjit tenders resignation
Press Trust of India
Chandigarh, Jan 16 (PTI) Punjab Cabinet minister Rana Gurjit Singh, who has been under fire from the opposition for his alleged involvement in sand mining auctions, has submitted his resignation as power and irrigation minister to Chief Minister ...

and more »

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