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Start an Easy Home Business: Become an eBay Trading
Assistant
eBay's online auctions have created business opportunities for
thousands of people. Now the Trading Assistant program is making
it easier than ever to start a business from home.
Trading Assistants act as brokers, selling merchandise for
others and keeping a percentage of the profits. The profit
potential can be great, especially when selling high-value
items.
Though there are millions of registered users on eBay, many
people still don't know how to sell goods themselves. A Trading
Assistant fills a need in the marketplace, allowing you to make a
profit while helping others unload their stuff. Almost everyone
has a box of items in their garage or closet that they would like
to sell.
Getting Started
You will need to decide what types of products you are willing
to sell and may want to set a minimum value on merchandise you
accept. It can be difficult to make a profit on $5 items so many
assistants require the products have a minimum estimated sales
value of $10 or $20.
Most assistants set their fees between 20%-40% of the ending
auction price. You may also want to charge a per-item listing fee
of $1-$5, and possibly deduct this from the commission if the
auction ends successfully.
As a Trading Assistant, you will list the item for sale,
handle all buyer questions, collect payment and shipping fees
from the buyer and ship the item. You may also need to do some
research on your customers' items to determine their value.
Search the closed listings to find out what similar items have
sold for and list your auctions accordingly.
You should create a simple contract that your customers sign
to indicate that they agree to your services and fees. You can
check out the competition in your area to determine what services
other Assistants are offering and how they are structuring their
fees. Check eBay's directory by zip code at
http://contact.eBay/ws/eBayISAPI.dll?TradingAssistant&page=main.
You will also need to decide how to obtain the items from your
seller. You could offer a pickup service, visit customers' homes
and complete a contract there. Or you can offer a drop-off
service, where customers bring their items to you. Many
assistants operate from their garage so buyers don't have to
enter their homes.
Promote Your Business on eBay
eBay offers a directory of Trading Assistants that consumers
can use to locate services in their geographic area. To get
listed in the official Trading Assistant program, eBay requires
that you have a feedback rating of at least 50, have sold at
least one item in the past 30 days, and maintain satisfaction
rating of 97% or higher.
A listing in the official directory is free and you can also
download best practices information and other tools from eBay at
http://contact.eBay/ws/eBayISAPI.dll?TradingAssistant&page=toolkit.
Other Ways to Promote Your Business
Here are some ideas for getting the word out about your
service:
?Create a simple brochure and ask nearby businesses to display
them for you.
?Leave brochures or fliers on doorsteps in your
neighborhood.
?Place classified ads in the local newspapers.
?Place free classified ads on www.craigslist.org.
?Contact small business owners and offer your services to
them. They may want to unload their overstock and your service
could provide the perfect solution.
?Post fliers and brochures at colleges, retirement centers,
and community centers.
?Ask your kid's school to mention your service in the
newsletter.
?Visit garage sales and flea markets and offer your services
to sellers.
Launch Your Business
Make sure you follow the rules of running a home-based
business and check with your county offices to apply for a
business license and resale permit. Though online sales are not
heavily governed, someday they will be and it is better to comply
with business laws.
Also make sure to set expectations with your customers. Since
many aren't familiar with how eBay works, explain the process and
set realistic expectations for the final values of sales. Some
may expect their items to be worth far more than they can get on
eBay, and you don't want to disappoint or worse, upset a client
by selling an item for less than expected.
If you don't yet have any experience on eBay yourself, it's
easy to get started. Begin with some spring cleaning and list
some merchandise from your home. Make sure you have a good
understanding of how eBay works before you represent your
services to others.
A Trading Assistant business is a great opportunity for anyone
interested in a relatively easy home business. Once you launch
your business, repeat customers and word of mouth should help
your business grow. Your only regret could be that you didn't
start sooner.
Stephanie Chandler is the author of "The Business Startup
Checklist and Planning Guide: Seize Your Entrepreneurial Dreams!"
and the founder of http://www.BusinessInfoGuide.com,
a directory of free resources for entrepreneurs. Sign up for the
BusinessInfoGuide newsletter to receive hot resources and tips
every month.
 MORE RESOURCES updated Sat. July / 31 / 2010
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