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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 Mon. March / 01 / 2021

Who owns what: A deeper look at ACV Auctions' IPO filing - Buffalo Business First - Buffalo Business First
Who owns what: A deeper look at ACV Auctions' IPO filing - Buffalo Business First  Buffalo Business First

Ritchie Bros. Achieves Strong Pricing in Edmonton, AB Auction with 50% Increase in Bidders - PRNewswire
Ritchie Bros. Achieves Strong Pricing in Edmonton, AB Auction with 50% Increase in Bidders  PRNewswire

Heritage Auctions Posts $30M Weekend as Michael Jordan, Wayne Gretzky Items Set New Records - The Action Network
Heritage Auctions Posts $30M Weekend as Michael Jordan, Wayne Gretzky Items Set New Records  The Action Network

Spectrum auctions underway; radiowaves valued at ₹3.92 lakh crore up for bidding - The Hindu
Spectrum auctions underway; radiowaves valued at ₹3.92 lakh crore up for bidding  The Hindu

ACV Auctions, Buffalo's first billion-dollar startup, files to go public - Buffalo News
ACV Auctions, Buffalo's first billion-dollar startup, files to go public  Buffalo News

India Plans Green Hydrogen Auctions - CleanTechnica
India Plans Green Hydrogen Auctions  CleanTechnica

COVID-19: Brazil postpones mining auctions due to travel restrictions - BNamericas English
COVID-19: Brazil postpones mining auctions due to travel restrictions  BNamericas English

Black Knight #1 Auction Happening Right Now At Heritage Auctions - Bleeding Cool News
Black Knight #1 Auction Happening Right Now At Heritage Auctions  Bleeding Cool News

ACV Auctions, Backed by SoftBank, Files to Go Public - Barron's
ACV Auctions, Backed by SoftBank, Files to Go Public  Barron's

Treasury Yields Just Spiked After a Brutal 7-Year Auction. Here's What It Means. - Barron's
Treasury Yields Just Spiked After a Brutal 7-Year Auction. Here's What It Means.  Barron's

Aerophilately, rocket mail, astrophilately in March 16-17 Kelleher auction - Linn's Stamp News
Aerophilately, rocket mail, astrophilately in March 16-17 Kelleher auction  Linn's Stamp News

ACV Auctions seeks to raise $100 million in IPO - Buffalo Business First - Buffalo Business First
ACV Auctions seeks to raise $100 million in IPO - Buffalo Business First  Buffalo Business First

Sauk Centre Area Auction • Saturday, April 10th | Auctions - ECM Publishers
Sauk Centre Area Auction • Saturday, April 10th | Auctions  ECM Publishers

Government Auctions to Boost Colombian Non-Conventional Renewable Energy - Fitch Ratings
Government Auctions to Boost Colombian Non-Conventional Renewable Energy  Fitch Ratings

SuperRare And Verisart Announce ‘10x10’ NFT Auction Series Featuring Neïl Beloufa, Petra Cortright, Shepard Fairey, And More - Forbes
SuperRare And Verisart Announce ‘10x10’ NFT Auction Series Featuring Neïl Beloufa, Petra Cortright, Shepard Fairey, And More  Forbes

Shoreland Lease Program Property Auction | NewsTalk 610 AM & 103.9 FM - KDAL News
Shoreland Lease Program Property Auction | NewsTalk 610 AM & 103.9 FM  KDAL News

Local investors grab foreclosed downtown bank building at auction for $570K - RichmondBizSense
Local investors grab foreclosed downtown bank building at auction for $570K  RichmondBizSense

Treasury Makes History With First Two-Year Note Auction Premium - Bloomberg
Treasury Makes History With First Two-Year Note Auction Premium  Bloomberg

Bidding open on $7 million in assets at shuttered Tahoe casino auction - Northern Nevada Business Weekly
Bidding open on $7 million in assets at shuttered Tahoe casino auction  Northern Nevada Business Weekly

Rare Books &c. at Auction This Week - Fine Books & Collections Magazine
Rare Books &c. at Auction This Week  Fine Books & Collections Magazine

Stay Calm and Collected Through Buddhist Works of Art | Auctions News - TheValue.com
Stay Calm and Collected Through Buddhist Works of Art | Auctions News  TheValue.com

Concierge Auctions Announces February/March Global Auction Lineup of $94 Million in Properties—Most No Reserve - EIN News
Concierge Auctions Announces February/March Global Auction Lineup of $94 Million in Properties—Most No Reserve  EIN News

St. Louis County to hold online auction of waterfront properties - Duluth News Tribune
St. Louis County to hold online auction of waterfront properties  Duluth News Tribune

UGA great Jake Scott’s memorabilia bringing big money at auction - Atlanta Journal Constitution
UGA great Jake Scott’s memorabilia bringing big money at auction  Atlanta Journal Constitution

Hobo nickel sets a record price in Heritage auction - Coin World
Hobo nickel sets a record price in Heritage auction  Coin World

City of San Angelo Online Auction Under Way - San Angelo LIVE!
City of San Angelo Online Auction Under Way  San Angelo LIVE!

Hundreds of Colorado self-storage units up for auction during pandemic - The Denver Channel
Hundreds of Colorado self-storage units up for auction during pandemic  The Denver Channel

Benefits of in-person used-car auctions remain clear - Automotive News
Benefits of in-person used-car auctions remain clear  Automotive News

How an Artist Named Mr. Doodle Became a Multimillion-Dollar Auction Sensation With a Bunch of Squiggles and ‘Like’-able Branding - artnet News
How an Artist Named Mr. Doodle Became a Multimillion-Dollar Auction Sensation With a Bunch of Squiggles and ‘Like’-able Branding  artnet News

Swanville Area Auction • Saturday, March 6th | Auctions - ECM Publishers
Swanville Area Auction • Saturday, March 6th | Auctions  ECM Publishers

Akron Flashback: Photos of astronauts in Goodrich spacesuits to be sold at auction - Akron Beacon Journal
Akron Flashback: Photos of astronauts in Goodrich spacesuits to be sold at auction  Akron Beacon Journal

Effects of Transporting Cattle on Auction Prices - Drovers Magazine
Effects of Transporting Cattle on Auction Prices  Drovers Magazine

Porcelain Bowl Bought at Yard Sale for $35 Could Sell at Auction for $500000 - Smithsonian Magazine
Porcelain Bowl Bought at Yard Sale for $35 Could Sell at Auction for $500000  Smithsonian Magazine

Lessons from spectrum auctions: Entner | FierceWireless - FierceWireless
Lessons from spectrum auctions: Entner | FierceWireless  FierceWireless

Classic car auction comes to Glendale, Sun Cities residents to drive - Your Valley
Classic car auction comes to Glendale, Sun Cities residents to drive  Your Valley

10-year Treasury yield surges above 1.50% after 'awful' debt auction - MarketWatch
10-year Treasury yield surges above 1.50% after 'awful' debt auction  MarketWatch

St. Louis County's online land auction nets $764,000 in sales - Duluth News Tribune
St. Louis County's online land auction nets $764,000 in sales  Duluth News Tribune

Presidents' Day Auction Offers Abraham Lincoln's Hair and Other Oddities - The New York Times
Presidents' Day Auction Offers Abraham Lincoln's Hair and Other Oddities  The New York Times

2 classic wagons from Ford family personal collection up for auction - WKYC.com
2 classic wagons from Ford family personal collection up for auction  WKYC.com

After chaotic auction, Doernbecher halts bidding in Nike (NYSE: NKE) charity event - Portland Business Journal - Portland Business Journal
After chaotic auction, Doernbecher halts bidding in Nike (NYSE: NKE) charity event - Portland Business Journal  Portland Business Journal

TREASURIES-Inflation bets, poor auction send yields up to new milestones - Reuters
TREASURIES-Inflation bets, poor auction send yields up to new milestones  Reuters

ICE publishes auction calendar for UK's new Emissions Trading Scheme - Business Wire
ICE publishes auction calendar for UK's new Emissions Trading Scheme  Business Wire

Tiger Group Online Auction on March 9 Features Heavy Equipment, Tools and Rolling Stock from Advanced Pavement Group - thepress.net
Tiger Group Online Auction on March 9 Features Heavy Equipment, Tools and Rolling Stock from Advanced Pavement Group  thepress.net

Venom Lethal Protector #1 Rare Gold CGC 9.8 On Auction At Heritage - Bleeding Cool News
Venom Lethal Protector #1 Rare Gold CGC 9.8 On Auction At Heritage  Bleeding Cool News

Junior Market Steer Auction an invitation only event this year to follow City of San Antonio’s pandemic safety protocols - San Antonio Express-News
Junior Market Steer Auction an invitation only event this year to follow City of San Antonio’s pandemic safety protocols  San Antonio Express-News

ACV Auctions adds to partner list with ParkMyFleet - Auto Remarketing
ACV Auctions adds to partner list with ParkMyFleet  Auto Remarketing

Collector car auction coming to State Farm Stadium in March - KTAR.com
Collector car auction coming to State Farm Stadium in March  KTAR.com

MLCS Mini Jubilee Jewelry Online Silent Auction - MyMotherLode.com
MLCS Mini Jubilee Jewelry Online Silent Auction  MyMotherLode.com

Telecom Spectrum Auction 2021: Here is all you need to know - Economic Times
Telecom Spectrum Auction 2021: Here is all you need to know  Economic Times

Photographs Capturing Important Moments in Space History go to Auction - Fine Books & Collections Magazine
Photographs Capturing Important Moments in Space History go to Auction  Fine Books & Collections Magazine

FERC Clarifies Order on State-Directed Default Service Auctions in PJM - JD Supra
FERC Clarifies Order on State-Directed Default Service Auctions in PJM  JD Supra

Slave Auction Block Vigil honors the lives on enslaved laborers sold at Court Square - WVIR
Slave Auction Block Vigil honors the lives on enslaved laborers sold at Court Square  WVIR

Rarely seen Van Gogh painting exhibited ahead of auction - Associated Press
Rarely seen Van Gogh painting exhibited ahead of auction  Associated Press

Govt can help push down bond yields by cancelling a few auctions - CNBCTV18
Govt can help push down bond yields by cancelling a few auctions  CNBCTV18

Suspicious Winning Bid of $2.25 Million USD Forces Halt of Doernbecher AJ1 "What The" Auction - HYPEBEAST
Suspicious Winning Bid of $2.25 Million USD Forces Halt of Doernbecher AJ1 "What The" Auction  HYPEBEAST

Hollywood, history combine in Churchill art auction - Africanews English
Hollywood, history combine in Churchill art auction  Africanews English

Station wagons from Ford family's personal collection up for auction - Detroit Free Press
Station wagons from Ford family's personal collection up for auction  Detroit Free Press

Verizon pledges whopping $45B in C-band auction - FierceWireless
Verizon pledges whopping $45B in C-band auction  FierceWireless

K-State studies effects of transporting cattle on prices paid at auction - High Plains Journal
K-State studies effects of transporting cattle on prices paid at auction  High Plains Journal

'Extraterrestrial crystal ball' hits the auction block at Christie's - Livescience.com
'Extraterrestrial crystal ball' hits the auction block at Christie's  Livescience.com

REFILE-TREASURIES-Inflation bets, poor auction catapult key yield above 1.5% - Reuters
REFILE-TREASURIES-Inflation bets, poor auction catapult key yield above 1.5%  Reuters

Oceanfront Bermuda Estate with Boat House Heading for Auction - Mansion Global
Oceanfront Bermuda Estate with Boat House Heading for Auction  Mansion Global

Mike Trout's 1st MLB Jersey Hits Auction Block, Should Sell For Over $1 Mil! - TMZ
Mike Trout's 1st MLB Jersey Hits Auction Block, Should Sell For Over $1 Mil!  TMZ

22 horses, donkeys rescued from Cookeville auction and possible slaughter pipeline - WKRN News 2
22 horses, donkeys rescued from Cookeville auction and possible slaughter pipeline  WKRN News 2

Online auctions deliver on promise of pre-foreclosure sales - HousingWire
Online auctions deliver on promise of pre-foreclosure sales  HousingWire

One-Off Porsche Taycan “Queen of the Night” Hits the Auction Block - autoevolution
One-Off Porsche Taycan “Queen of the Night” Hits the Auction Block  autoevolution

APEX Bank and Greeneville Real Estate Auction Team team up for online auction to benefit United Way of Greene County - WJHL-TV News Channel 11
APEX Bank and Greeneville Real Estate Auction Team team up for online auction to benefit United Way of Greene County  WJHL-TV News Channel 11

Legal battle threatens auction for São Paulo... - BNamericas English
Legal battle threatens auction for São Paulo...  BNamericas English

Tivoli Theatre's online auction provides funds for live shows - Front Page
Tivoli Theatre's online auction provides funds for live shows  Front Page

Massive 242-carat Russian diamond heads to auction block - New York Post
Massive 242-carat Russian diamond heads to auction block  New York Post

Radwood's Auction Site Opens Next Week, Here's What to Expect - The Drive
Radwood's Auction Site Opens Next Week, Here's What to Expect  The Drive

Cold War Relics Auction - KTLA
Cold War Relics Auction  KTLA

Most Valuable Company Profile: Auction.com - DSNews - DSNews.com
Most Valuable Company Profile: Auction.com - DSNews  DSNews.com

Auction House Suspends Sale of 19th-Century Jewish Burial Records - The New York Times
Auction House Suspends Sale of 19th-Century Jewish Burial Records  The New York Times

Late Broadway Producer James M. Nederlander’s Fifth Avenue Apartment Sells at Auction - Mansion Global
Late Broadway Producer James M. Nederlander’s Fifth Avenue Apartment Sells at Auction  Mansion Global

Godrej Properties highest bidder for Navi Mumbai land in Cidco auction - Mint
Godrej Properties highest bidder for Navi Mumbai land in Cidco auction  Mint

Growing Great Kids Auction and Gala - KGMI
Growing Great Kids Auction and Gala  KGMI

'Magical piece of Vince Lombardi' found in box, now up for auction - Green Bay Press Gazette
'Magical piece of Vince Lombardi' found in box, now up for auction  Green Bay Press Gazette

Nicol's Restaurant artifacts raised $43K at auction - Zanesville Times Recorder
Nicol's Restaurant artifacts raised $43K at auction  Zanesville Times Recorder

Former police station and workhouse to be sold in online auction - expressandstar.com
Former police station and workhouse to be sold in online auction  expressandstar.com

FCC Reveals Its C-Band Auction Winners - Radio & Television Business Report
FCC Reveals Its C-Band Auction Winners  Radio & Television Business Report

'52 Mantle, Mahomes, MJ Rookies Push Goldin Auction Past $30 Million - Sports Collectors Daily
'52 Mantle, Mahomes, MJ Rookies Push Goldin Auction Past $30 Million  Sports Collectors Daily

Government auction includes old missile site, land with ocean views - The Real Deal
Government auction includes old missile site, land with ocean views  The Real Deal

Logbook Signed by Martin Luther King Jr. in Birmingham Jail Breaks Auction Record - Hyperallergic
Logbook Signed by Martin Luther King Jr. in Birmingham Jail Breaks Auction Record  Hyperallergic

Sotheby’s Christo Auction, Part 1, Nets $9.8 Million - The New York Times
Sotheby’s Christo Auction, Part 1, Nets $9.8 Million  The New York Times

Tom Brady rookie card skyrockets in auction - WLNE-TV (ABC6)
Tom Brady rookie card skyrockets in auction  WLNE-TV (ABC6)

Unsigned, vintage ceramics can be identified at auction - AberdeenNews.com
Unsigned, vintage ceramics can be identified at auction  AberdeenNews.com

Cyberpunk and Witcher hackers don’t seem to be bluffing with $1M source code auction - The Verge
Cyberpunk and Witcher hackers don’t seem to be bluffing with $1M source code auction  The Verge

Powell Auction & Realty, LLC - The Barton Collection – Online Auction Sale #2 Antiques - Antique Trader
Powell Auction & Realty, LLC - The Barton Collection – Online Auction Sale #2 Antiques  Antique Trader

Farmland Insider: Kansas auction of 10900 acres sells for $38 million - Successful Farming
Farmland Insider: Kansas auction of 10900 acres sells for $38 million  Successful Farming

What Investors Want to Know: US C-Band Auction Impact and Rating Horizon - Fitch Ratings
What Investors Want to Know: US C-Band Auction Impact and Rating Horizon  Fitch Ratings

Tesla charging cost magnified as Texas electricity auction system fuels price spike - Fox Business
Tesla charging cost magnified as Texas electricity auction system fuels price spike  Fox Business

Beech Mountain Resort Announces Fundraiser “Runs for Buns” Virtual Auction Starts Today - High Country Press
Beech Mountain Resort Announces Fundraiser “Runs for Buns” Virtual Auction Starts Today  High Country Press

Local organization hosts annual Blue Suede Dinner and Auction - WBBJ TV - WBBJ-TV
Local organization hosts annual Blue Suede Dinner and Auction - WBBJ TV  WBBJ-TV

FLDS's compound sold in Sheriff's auction to former members - KOTA
FLDS's compound sold in Sheriff's auction to former members  KOTA

Art Auction Benefits Black Scholars - Gulfport Gabber
Art Auction Benefits Black Scholars  Gulfport Gabber

Auction Dilemma: Audi A8 Vs Volkswagen Phaeton | HotCars - HotCars
Auction Dilemma: Audi A8 Vs Volkswagen Phaeton | HotCars  HotCars

Worst US 'slave' auction has Philly ties | Michael Coard | phillytrib.com - The Philadelphia Tribune
Worst US 'slave' auction has Philly ties | Michael Coard | phillytrib.com  The Philadelphia Tribune

Do something useful with spectrum auction proceeds - Lowenstein - FierceWireless
Do something useful with spectrum auction proceeds - Lowenstein  FierceWireless

Week in Review: Islands, Amar'e and Expensive Auctions - Mansion Global
Week in Review: Islands, Amar'e and Expensive Auctions  Mansion Global

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