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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 Sat. May / 26 / 2018

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BRAZIL: Treasury Announces Extraordinary Debt Auctions For Next Week - Markets Insider

BRAZIL: Treasury Announces Extraordinary Debt Auctions For Next Week
Markets Insider
(RTTNews) - The Brazilian Treasury Department announced three extraordinary debt auctions for next week, in response to "current market conditions" and to "support the local public debt markets" functioning. The Treasury Department said that it would ...


Sotheby's Inc.: Record Royère Leads Sotheby's $25.1 Million Design Sales in NYC - The Wall Street Transcript

Sotheby's Inc.: Record Royère Leads Sotheby's $25.1 Million Design Sales in NYC
The Wall Street Transcript
NEW YORK, 25 May 2018 - Sotheby's spring auctions of 20th Century Design concluded yesterday in New York with an impressive total of $25.1 million - surpassing the series' high estimate of $21.6 million. Nearly 400 lots were offered over the course of ...


HIGHLIGHTS OF SOTHEBY'S LONDON FINE JEWELS AUCTION, JUNE 6TH 2018 - Internet Stones. COM Media

HIGHLIGHTS OF SOTHEBY'S LONDON FINE JEWELS AUCTION, JUNE 6TH 2018
Internet Stones. COM Media
A total of 379 lots will be on offer at the auctions taking place in two sessions, the first session offering lots 01 to 191 starting at 10.00 AM and the second session offering lots 192 to 379, starting at 2.00 PM. The auction will be preceded by the ...


There wasn't a lot to choose from but just over half the properties sold at Bayleys' and Eves' latest residential ... - Interest.co.nz

There wasn't a lot to choose from but just over half the properties sold at Bayleys' and Eves' latest residential ...
Interest.co.nz
With winter weather setting in Bayleys Real Estate had fewer properties on offer at their latest residential property auctions, but achieved sales on more than half of them. In Auckland Bayleys had just 12 residential properties up for auction and ...

and more »

PKL Auction 2018 Predictions: 5 highest paid defenders to watch out for - Sportskeeda

Sportskeeda

PKL Auction 2018 Predictions: 5 highest paid defenders to watch out for
Sportskeeda
Even before the auction kickstarts on the day, there have been a lot of questions raised on the various retentions and the absence of some prominent names on the list with teams opting to go for some surprise retentions while the Jaipur Pink Panthers ...


Boyd ESTATES AUCTION May 29-29, 2018 - Antiques and the Arts Online

Boyd ESTATES AUCTION May 29-29, 2018
Antiques and the Arts Online
OAKRIDGE AUCTION GALLERY American and European art, antiques, and exquisite antique jewelry to date. June 2nd, 2018 at 10:00 AM Eastern Standard Time at 44675 Cape Court #171. Ashburn, VA 20147. The auction features items from the estate of ...


From Investment-Grade Supercars to Highly Desirable Muscle Cars to Rare Classics, Wheeler Auctions' Inaugural Sale ... - Benzinga

From Investment-Grade Supercars to Highly Desirable Muscle Cars to Rare Classics, Wheeler Auctions' Inaugural Sale ...
Benzinga
With up to 300 consignments expected to participate, Wheeler Auctions' auction is generating a lot of excitement with plenty of vehicles to whet the appetite of any collector, hobbyist or fan. Supercars, classics and muscle cars aren't the only ...


Journey Into Art – A Silent Art Auction to Benefit Trekkers - Bangor Daily News

Bangor Daily News

Journey Into Art – A Silent Art Auction to Benefit Trekkers
Bangor Daily News
Join us for an evening of arts inspired by and benefiting Trekkers. The silent auction will feature “journey” inspired works by 26 local artists. Admission is free and the event is open to the public. Hors d'oeuvres and cash bar are included. “Journey ...


From Investment-Grade Supercars to Highly Desirable Muscle Cars to Rare Classics, Wheeler Auctions' Inaugural Sale ... - PR Newswire (press release)

From Investment-Grade Supercars to Highly Desirable Muscle Cars to Rare Classics, Wheeler Auctions' Inaugural Sale ...
PR Newswire (press release)
With up to 300 consignments expected to participate, Wheeler Auctions' auction is generating a lot of excitement with plenty of vehicles to whet the appetite of any collector, hobbyist or fan. Supercars, classics and muscle cars aren't the only ...


April price data reflects auction effectiveness - Auto Remarketing

April price data reflects auction effectiveness
Auto Remarketing
CARMEL, Ind. -. Going beyond just the metrics, KAR Auction Services chief economist Tom Kontos explained why the latest wholesale price movements reflect auction successes — especially when it comes to handling off-lease vehicles. According to ADESA ...

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