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eBay - The Basics

I began selling on eBay in 1999 and have found it to be an enjoyable and profitable experience. I had owned a retail computer store for a few years and decided to close it. I still had a lot of computer inventory and soon discovered eBay was a good resource for selling the parts.

This turned into an ideal situation as selling this way became a home-based business and the overhead was very low. This was a plus to my income opportunity. A spare bedroom in the basement soon became my eBay selling room.

As time passed, more people began selling computer parts and the margins were getting thin. I needed to come up with a new idea that would keep my profit margins at an acceptable level. Instead of selling the computer parts, I would compile a list of my resources and then sell the list as a wholesale resource. The computer wholesale list became an overnight success on eBay. The list has cost me nothing except time, and I was able to sell the list several hundred times. I compiled the list in Excel and also in a text file. Another option was to have it burned to a CD and then mailed to the customer. I charged an extra fee for the CD, and sold quite a few that way too.

After selling the wholesale list for a few months, eBay changed the rules and would no longer allow cross-posting the same item, and also limited the number of times the same item could be listed at the same time. This change caused sales to drop, and I eventually stopped selling the list.

I still had the eBay bug, and was looking for other (http://www.auctionmanger.biz) eBay resources to sell. I started going to garage sales and looking for unique and inexpensive items. This was also another successful resource and lasted for about a year until more people started realizing this technique, and it was getting more difficult to find the bargains.

The next resource I started using was going to auctions and putting the items I purchased on eBay. So far, this has been another good resource and one that I still use. My best buys are when I can buy a quantity of an item for a very low price.

One example was several boxes of HO scale train cars, engines and accessories. There were over 300 items and I ended up paying $150. That came out to 50 cents for each item. There was a lot of work photographing and writing a description for each item. The worked paid off as each item sold anywhere from $3.00 to $12.00 each, making a very nice profit margin.

Selling on eBay is still a resource for additional income, and I am always on the lookout for the next big sale.

James Hendrix has been putting people in business on the Internet since 1996. He has experience with web hosting, development, marketing and search engine optimization.


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First online auction for unclaimed property - Crow River Media

Crow River Media

First online auction for unclaimed property
Crow River Media
Fahey Sales, Glencoe, is managing the Minnesota Department of Commerce's first online auction of unclaimed property from abandoned safe deposit boxes. The auction features jewelry, coins and collectible items, including a Joe Montana rookie sports card ...


First moonwalker Neil Armstrong's memorabilia heads for auction - India TV

India TV

First moonwalker Neil Armstrong's memorabilia heads for auction
India TV
The personal collection of Neil Armstrong, the first man to have set foot on the moon, is to be sold in a series of auctions later this year and in 2019. The artefacts on offer range from those associated with Armstrong's historic 1969 lunar landing to ...

and more »

10 Cleveland Indians items from the past up for auction - cleveland.com

cleveland.com

10 Cleveland Indians items from the past up for auction
cleveland.com
CLEVELAND, Ohio - Among the hundreds of items up for bidding via Lelands auctions are 10 nostalgic Cleveland Indians pieces all dating more than 60 years. Some go back more than 100 years. We include lot numbers if you want to read more about the ...


One giant sale: Neil Armstrong's collection goes to auction - Defiance Crescent News

One giant sale: Neil Armstrong's collection goes to auction
Defiance Crescent News
The personal collection of Armstrong, who died in his native Ohio in 2012, will be offered for sale in a series of auctions handled by Dallas-based Heritage Auctions, beginning Nov. 1-2 and continuing in May and November 2019. The collection includes a ...

and more »

Dubai collector to auction Star Wars action figures worth Dhs1 million - What's On

Dubai collector to auction Star Wars action figures worth Dhs1 million
What's On
Consider yourself a Star Wars fan? Well, you probably don't have anything on one anonymous Dubai resident who has put up their entire collection of Star Wars action figures for auction next month. The 33-piece collection, which features mint condition ...

and more »

Beef producers facing rising feed prices, lower sale prices at local auctions - Waco Tribune-Herald

Beef producers facing rising feed prices, lower sale prices at local auctions
Waco Tribune-Herald
COLLEGE STATION — A convergence of weather and market conditions have put a number of Texas beef producers in a tough spot, facing rising supplemental feed prices and lower sale prices at local auctions, according to Texas A&M AgriLife Extension ...


Dubai collector to auction world's rarest prototype Star Wars action figures - ArabianBusiness.com

ArabianBusiness.com

Dubai collector to auction world's rarest prototype Star Wars action figures
ArabianBusiness.com
A Dubai resident will auction the world's rarest Star Wars action figure prototypes next month in a sale that is estimated to raise as much as $360,000. The 33-piece collection belonging to the owner, who wishes to remain anonymous, includes the rarest ...

and more »

Sydney auction clearance rate rises to almost 60 per cent as buyers bid up scarce blue chip homes - Domain News

Domain News

Sydney auction clearance rate rises to almost 60 per cent as buyers bid up scarce blue chip homes
Domain News
Property buyers bid up the prices of scarce homes in Bondi, Mosman and other prized pockets of the city on the weekend. More confident bidding at auctions in blue chip areas helped to jump-start the Sydney weekend auction clearance rate. The ...

and more »

Armstrong's artifacts, momentos go to auction - Morning Journal News

Armstrong's artifacts, momentos go to auction
Morning Journal News
The personal collection of Armstrong, who died in his native Ohio in 2012, will be offered for sale in a series of auctions handled by Dallas-based Heritage Auctions , beginning Nov. 1-2 and continuing in May and November 2019. The collection includes ...

and more »

Auction Preview: End of July Fine Art at Auctions Online, Colorado Springs, Jul 26 - Blouinartinfo

Blouinartinfo

Auction Preview: End of July Fine Art at Auctions Online, Colorado Springs, Jul 26
Blouinartinfo
What: End of July Fine. Where: Auctions Online, 2880 Club Pt, Colorado Springs, CO 80920, United States. When: Jul 26. Top lots of the sale: - "President Gasparp Artis" Original by William Verdult. Original, Oil Painting on Masonite Panel, Bejeweled ...

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