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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 Thu. January / 18 / 2018

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Journey ends $135000 and countless lessons later for Jordan automotive students - Columbus Ledger-Enquirer

Columbus Ledger-Enquirer

Journey ends $135000 and countless lessons later for Jordan automotive students
Columbus Ledger-Enquirer
For the third time at one of the nation's most prestigious classic car auctions, Team Red Jacket sold for thousands of dollars the same 1996 Ford Mustang they had restored and customized to win the Quaker State Best in Class Challenge in December 2016 ...


Christie's International Real Estate Opens Its First Ever Real Estate Brokerage Gallery Space in Its Flagship New ... - Business Wire (press release)

Christie's International Real Estate Opens Its First Ever Real Estate Brokerage Gallery Space in Its Flagship New ...
Business Wire (press release)
Following a careful buildout process in Christie's U.S. auction headquarters at 20 Rockefeller Plaza, Christie's International Real Estate will open the new real estate gallery in a prominent space in the New York City auction house. Christie's ...

and more »

New 10-Year TIPS Auctions With A Real Yield Of 0.548%, Highest In 2 Years - Seeking Alpha

Seeking Alpha

New 10-Year TIPS Auctions With A Real Yield Of 0.548%, Highest In 2 Years
Seeking Alpha
The U.S. Treasury just announced that its offering of $13 billion in a new 10-year TIPS - CUSIP 9128283R9 - resulted in a real yield to maturity of 0.548%, the highest for this term at auction in two years. The coupon rate was set at 0.500%, also the ...

and more »

Zombies Goodbye: NY Foreclosure Auctions Jump In 2017 | Report - Patch.com

Patch.com

Zombies Goodbye: NY Foreclosure Auctions Jump In 2017 | Report
Patch.com
New York is one of just a handful of states that saw a jump in foreclosure auctions in 2017, according to a new report. Its findings suggest that the state's aggressive attack on zombie properties is beginning to pay off. New York bucked the national ...

and more »

NBTC favours changes to spectrum auctions - The Nation

NBTC favours changes to spectrum auctions
The Nation
Originally, the NBTC divided the 45MHz bandwidth of the 1800MHz spectrum into three licences each with 15MHz bandwidth. He said that the proposed switch to nine licences was in line with the ideas of the telecom operators aired at the recent public ...


Auction company sues Augusta National over trademark name Green Jacket Auctions - The Augusta Chronicle

The Augusta Chronicle

Auction company sues Augusta National over trademark name Green Jacket Auctions
The Augusta Chronicle
The company has conducted about 30 auctions of memorabilia worth millions of dollars, including several green jackets. The jackets are worn by members of the Augusta National Golf Club and awarded to the winner of each year's Masters Tournament. The ...

and more »

Quinn's tracks beauty of 'Natural World' with Jan. 25 Prints Auction - Auction Central News

Auction Central News

Quinn's tracks beauty of 'Natural World' with Jan. 25 Prints Auction
Auction Central News
Maria Sibylla Merian (German, 1647-1717), Cayman with Snake, from Metamorphosis Insectorum Surinamensium, Amsterdam, 1719, 20.25 x 14.25in. Est. $4,000-$6,000. FALLS CHURCH, Va. – On Thursday, January 25, the Waverly Rare Books & Prints division of ...


Apple Macintosh logo by Andy Warhol goes up for auction, valued up to $30K - AppleInsider (press release) (blog)

AppleInsider (press release) (blog)

Apple Macintosh logo by Andy Warhol goes up for auction, valued up to $30K
AppleInsider (press release) (blog)
A rare piece of art history is now up for sale in the form of an Apple Macintosh logo painted and signed by pop artist Andy Warhol. Thought its exact raison d'etre is unknown, the work may be a color study for an Apple advertising commission, according ...

and more »

What next for contemporary art auctions? - Spectator.co.uk (blog)

Spectator.co.uk (blog)

What next for contemporary art auctions?
Spectator.co.uk (blog)
With auction houses in the news following record-breaking sales, I sat down with Ralph Taylor, Global Head of Post-War and Contemporary Art at Bonhams, to discuss how the contemporary art market is shaping up for 2018. Are auction houses getting too ...

and more »

Foreclosure auctions for Keene plazas pushed back - The Keene Sentinel

Foreclosure auctions for Keene plazas pushed back
The Keene Sentinel
The foreclosure auctions of two major Keene shopping centers have been postponed until next month, according to an auction company. Riverside Plaza and Key Road Plaza were previously scheduled for sale at auctions Friday. The two centers house some of ...


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