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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 Wed. August / 23 / 2017

EE is also suing Ofcom to mould 5G spectrum auction as it sees fit - Engadget

Engadget

EE is also suing Ofcom to mould 5G spectrum auction as it sees fit
Engadget
It seems a couple of UK carriers would rather tie the impending 5G spectrum auction up in litigation than let any of their competitors get their own way. Following in the footsteps of Three, EE is launching its own legal challenge against Ofcom in an ...

and more »

Central Bank of Iraq Auctions $164564938 on 23 August 2017 - Iraqi News

Iraqi News

Central Bank of Iraq Auctions $164564938 on 23 August 2017
Iraqi News
Baghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on August 23 registered $164,564,938 in sales, a 2.60% volume increase from the US $160,395,885 sold by Iraqi Dinar, credit and transfer at the previous auction held on August 21.


California pollution permits sell at highest price ever - Red Bluff Daily News

California pollution permits sell at highest price ever
Red Bluff Daily News
Last week's auction was the state's first since lawmakers voted to extend California's cap and trade program through 2030. It requires businesses, oil refineries and other polluters to obtain permits to be able to emit carbon, with the overall goal of ...


Property - Telegraph.co.uk

Telegraph.co.uk

Property
Telegraph.co.uk
The appeal of auctions is strengthening in a slow market, says Auction House. The property agent has put more buildings on the block in 2017 than in any other year of its decade-long history – 2,533 auction lots, up from 2,480 in 2016. These sales have ...


The Million-Dollar Blue Diamond on Auction in Beverly Hills - Live Trading News

Live Trading News

The Million-Dollar Blue Diamond on Auction in Beverly Hills
Live Trading News
Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world's largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach ...


Beatles' 'Eleanor Rigby' score expected to fetch $26000 at auction - Republica

Republica

Beatles' 'Eleanor Rigby' score expected to fetch $26000 at auction
Republica
"Each item is fantastic, unique and of significant historical importance in itself, so to have both come up at the same time is an incredible coincidence," said Paul Fairweather from Omega Auctions, which is selling the items. "I expect there to be ...

and more »

New five-pound SHOCK: Rare notes could be worth £17000 - here is how to spot one - Express.co.uk

Express.co.uk

New five-pound SHOCK: Rare notes could be worth £17000 - here is how to spot one
Express.co.uk
In May, a £5 note dated 1971 with a serial number A01 000004, which means it was handed to the then Chancellor Anthony Barber was sold at an auction for £16,800. Andrew Pattison of Spink & Son, says: “In terms of the serial number, anything at 000999 ...

and more »

Coca-Cola Selects The Future of Real Estate (FRE.com) to Conduct Online Auctions for 2 Former Distribution Centers - Markets Insider

Coca-Cola Selects The Future of Real Estate (FRE.com) to Conduct Online Auctions for 2 Former Distribution Centers
Markets Insider
NEWPORT BEACH, Calif., Aug. 22, 2017 /PRNewswire/ -- Having conducted successful auctions in the past for Coca-Cola Enterprises Inc, The Future of Real Estate (FRE), a leading online auction marketing firm, is once again conducting a sale by auction of ...


Pebble Beach Monterey Auctions Top $327 Million - Forbes

Forbes

Pebble Beach Monterey Auctions Top $327 Million
Forbes
RM Sotheby's killed it this weekend in Monterey, with total sales of $133 million, a turn of events in the Battle of the Auction Houses compared to last year when David Gooding's crafty little operation claimed victory with $129 million in sales. Chock ...

and more »

Victoria plans 650MW renewable auction, plus two new solar farms - RenewEconomy

RenewEconomy

Victoria plans 650MW renewable auction, plus two new solar farms
RenewEconomy
Victoria's state Labor government has unveiled the first of its large scale renewable energy auctions – for 650MW of wind and solar capacity – in the first major move towards its renewed commitment to reaching 40 per cent renewable energy by 2025.

and more »

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