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How To Save Franchise Fees and Set Up Your Own eBay Drop Off Store


There has been a flood of publicity generated regarding the "Small Business Opportunity" being offered to would be internet entrepreneurs.

The plan is for you to purchase a franchise operation to sell products on consignment via eBay. Selling on consignment means you take a customer's product into your business, and pay the client the balance of the sales proceeds when and if the item sells.

The parent company guides you through the process of setting up a brick and mortar type of store located in a strip mall or similar location, and shows you how to attract customers using traditional advertising methods by which you sell their items on eBay. Your income is generated after all the fees are subtracted from the franchiser and eBay, along with the related standard business expenses listed below.

All of these items are considered overhead or business operating expenses:

1. Rent/Lease
2. Agreeability of Items
3. Bonded Insurance
4. Utilities
5. Employees
6. Fiduciary Insurance
7. Fiduciary Responsibility
8. Advertising

To start an eBay Consignment Business using this method, you will first be charged a Setup Fee ranging from $5,000 to $15,000 depending on the franchise you choose. There is also a range of fees to be paid to the Franchiser on every sale. You need to do the math for this type of operation after paying the franchise and setup fees to see if it is viable.

Setting Up An eBay Consignment Auction The Right Way

Eliminate the rental or lease and work out of your home. You can easily rent a storage facility for $50-$100/month to store your products, and you can meet your clients there. Remember, they do not expect or need an elaborate storefront; they want their items sold quickly with the least amount of effort.

You can obtain inexpensive insurance to cover the items in your storage facility. Advertise your eBay Consignment Service in local newspaper classified ads for under $20/week, and receive more products than you can handle.

Sign up for the eBay Trading Assistant Program (See my article titled How To Have eBay Send You Less Than Wholesale Product Sources). You will be provided with leads directly from eBay to you.

Obtain an Agreement of Items, which both you and the customer sign. These are available for under $29 at Legal Resource Online.

See the list below for Items to target in local classified ads. Indicate in your ad that you will sell items for "No Fee Charged - Pay Small Percentage of Sale"

* Computer Hardware/Software
* Toys and Video Games
* Consumer Electronics
* Antiques & Collectibles
* Jewelry/Luxury Goods
* Clothing & Accessories
* Sporting Goods
* eBay Auto Parts & Accessories

Services You Offer To Your Customer:

1. Inspect their product to make sure it is acceptable for sale.

2. Take photos of their product; then write the copy and design a professional ad and place it on eBay.

3. When the product is sold, process the payment securely, taking out your percentage, in addition to the shipping and handling charges.

4. If the product does not sell after placing the first ad, it is relisted at no charge.

If the product doesn't sell the second time, it can either be picked up by the customer, or donated to charity.

5. Packaging and shipping the product to the eBay buyer.

6. Mailing checks to the customer.

Setting up an eBay Consignment Business the correct way can allow you to start generating income in a short amount of time with limited expense!

Check out my new eBay Training on DVD's simple easy to follow steps on how to make money on eBay


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Wed. September / 19 / 2018

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Saudi Arabia auctions real estates of billionaire Maan al-Sanea - apherald.com - unit of India Herald Group Publishers [P] LIMITED

apherald.com - unit of India Herald Group Publishers [P] LIMITED

Saudi Arabia auctions real estates of billionaire Maan al-Sanea
apherald.com - unit of India Herald Group Publishers [P] LIMITED
Riyadh sources stated that Saudi Arabia will auction real estate owned by indebted billionaire Maan al-Sanea and his company starting next month to help repay billions of riyals due to creditors. Meanwhile sources familiar with the matter told Reuters ...


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PR Newswire (press release)
19, 2018 /PRNewswire/ -- Sotheby's (NYSE :BID ) Asia Week sale series concluded this weekend in New York, with 750+ works spanning centuries of important Asian art sold across five auctions for a total of $33.9 million. Thus far in 2018, Sotheby's New ...


Sotheby's Asia Week Auctions Total $33.9 Million In New York - GuruFocus.com

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GuruFocus.com
19, 2018 /PRNewswire/ --Sotheby's (NYSE: BID) Asia Week sale series concluded this weekend in New York, with 750+ works spanning centuries of important Asian art sold across five auctions for a total of $33.9 million. Thus far in 2018, Sotheby's New ...


Alia Bhatt auctions off her wardrobe to support a cause! - Bollyworm

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As we all know, Alia Bhatt launched her new philanthropic initiative named 'Mi Wardrobe is Su Wardrobe' (My Wardrobe Is Your Wardrobe) last May. Through the initiative, she sells handpicked garments from her personal wardrobe, for charity. Now Alia is ...

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Turkish Treasury borrows $347 mln through auction at interest rate of 25 pct - Hurriyet Daily News

Hurriyet Daily News

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The auction was held for 12-month zero coupon bonds - new issuance - to be settled on Sept. 19 and mature on Sept. 18, 2019, according to an official statement. The average annual simple and compound interest rates of the 364-day bonds were 25.05 ...


Explainer: Why auction clearance rates matter - Domain News

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The Domain auction clearance rate is the portion of properties successfully sold at an auction, or prior to an auction. It is represented as a percentage. The percentage is found by dividing the aforementioned auction sales by the total number of ...


The post-spectrum phase of Indian telecom - The Ken

The Ken

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The Ken
After consolidation in the telecom industry, the remaining players say they have a surplus of spectrum. This is likely to throw a spanner in TRAI's plans for another spectrum auction. TRAI has recommended lowering base prices for the auction, but debt ...

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Bemidji Sculpture Walk to hold auction for dog statues - Bemidji Pioneer

Bemidji Pioneer

Bemidji Sculpture Walk to hold auction for dog statues
Bemidji Pioneer
BEMIDJI—As of Monday, there were a dozen fewer sculptures around downtown Bemidji, as the painted dogs in storefront windows and on street corners were taken down to prepare for their upcoming sale.


Kings Care Foundation Mobile Auction - NHL.com

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Support the Kings Care Foundation by bidding on items through our Mobile Auction! Auctions take place at home games throughout the season based on homestands. Mobile bidding means you don't have to be at a game to participate in the auction -- you ...


How to Buy and Sell Rare Wine at Auction - Wine Enthusiast Magazine

Wine Enthusiast Magazine

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Online auctions are more frequent and good options for collectors who want to buy and sell in a shorter time frame. Zachys holds monthly auctions in addition to its eight live auctions throughout the year. Others even offer weekly online auctions.


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