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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 Sat. February / 27 / 2021

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

Platinum Luxury Auctions Sells Posh Apt on NYC's 5th Avenue at 14-Bidder Luxury Auction® - PRNewswire
Platinum Luxury Auctions Sells Posh Apt on NYC's 5th Avenue at 14-Bidder Luxury Auction®  PRNewswire

Wholesale car auction platform ACV Auctions files for a $100 million IPO - Renaissance Capital
Wholesale car auction platform ACV Auctions files for a $100 million IPO  Renaissance Capital

Vehicle Marketplace ACV Auctions Details IPO Plans - Morningstar.com
Vehicle Marketplace ACV Auctions Details IPO Plans  Morningstar.com

Selected Western livestock auctions | Livestock Auctions - Capital Press
Selected Western livestock auctions | Livestock Auctions  Capital Press

Chehalis Livestock Market always welcomes cattle from Oregon. Auctions every - The Chief News
Chehalis Livestock Market always welcomes cattle from Oregon. Auctions every  The Chief News

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

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

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

Bonnette Auctions announces March 6 auction - KALB
Bonnette Auctions announces March 6 auction  KALB

Minnesota priest auctions off baseball card collection for charity - CNN
Minnesota priest auctions off baseball card collection for charity  CNN

Lakeside Inn and Casino Auctions Off Everything Inside - KTVN
Lakeside Inn and Casino Auctions Off Everything Inside  KTVN

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

StockX Auctions a Pair of Láolú Sneakers to Raise Money for Lena Waithe’s Charity - Adweek
StockX Auctions a Pair of Láolú Sneakers to Raise Money for Lena Waithe’s Charity  Adweek

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

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

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

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

Massive 242-carat diamond expected to sell for $2 million at auction - KIRO Seattle
Massive 242-carat diamond expected to sell for $2 million at auction  KIRO Seattle

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

Sheku Kanneh-Mason auctions off private concert for Music Masters charity - The Strad
Sheku Kanneh-Mason auctions off private concert for Music Masters charity  The Strad

Bethesda Auctions Chance to Design Starfield Character for Charity - IGN - IGN
Bethesda Auctions Chance to Design Starfield Character for Charity - IGN  IGN

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

Annual fur auction moves online for 2021; set for March 1 to April 9 - Ontario Argus Observer
Annual fur auction moves online for 2021; set for March 1 to April 9  Ontario Argus Observer

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

Rauhauser 3/12,13 | Antique Auctions | lancasterfarming.com - Lancaster Farming
Rauhauser 3/12,13 | Antique Auctions | lancasterfarming.com  Lancaster Farming

Part I: How auto auctions navigated a Texas-size winter storm - Auto Remarketing
Part I: How auto auctions navigated a Texas-size winter storm  Auto Remarketing

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

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

Black History Night Auction Featuring Special Warmup Jerseys Now Open - Washington Captials Web Site
Black History Night Auction Featuring Special Warmup Jerseys Now Open  Washington Captials Web Site

FCC Announces $81 Billion Auction of Spectrum - Morning Brew
FCC Announces $81 Billion Auction of Spectrum  Morning Brew

Brazil approves 5G auction notice - ZDNet
Brazil approves 5G auction notice  ZDNet

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

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

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

This Auction Organized by Alex Papachristidis Is Full of Design Treasures - Architectural Digest
This Auction Organized by Alex Papachristidis Is Full of Design Treasures  Architectural Digest

Concordia creditors do battle as campus slated for June foreclosure auction - OregonLive
Concordia creditors do battle as campus slated for June foreclosure auction  OregonLive

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

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

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

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

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

Verizon and AT&T dominate spectrum auction, spending combined $69 billion - Ars Technica
Verizon and AT&T dominate spectrum auction, spending combined $69 billion  Ars Technica

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

Quinn's Auction Galleries Hosting Virtual Wine Auction - Falls Church News Press
Quinn's Auction Galleries Hosting Virtual Wine Auction  Falls Church News Press

John Carmack proposes GPU and console auctions to beat scalpers - The Verge
John Carmack proposes GPU and console auctions to beat scalpers  The Verge

Top 10 World Coin Highlights of Künker's January Rarity Auction - CoinWeek
Top 10 World Coin Highlights of Künker's January Rarity Auction  CoinWeek

Van Gogh painting not seen for 100 years set for auction - CNN
Van Gogh painting not seen for 100 years set for auction  CNN

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

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

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

NFT Art Goes Viral and Heads to Auction — But What Is It? - Hyperallergic
NFT Art Goes Viral and Heads to Auction — But What Is It?  Hyperallergic

Shuttered Lakeside Inn, a favorite haunt of Tahoe locals, now selling off inventory - Reno Gazette Journal
Shuttered Lakeside Inn, a favorite haunt of Tahoe locals, now selling off inventory  Reno Gazette Journal

Latest Western Climate Initiative auction sells out; still space for more climate ambition from cap and trade - Environmental Defense Fund
Latest Western Climate Initiative auction sells out; still space for more climate ambition from cap and trade  Environmental Defense Fund

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

Real Floating Baby Yoda Up for Auction - Nerdist
Real Floating Baby Yoda Up for Auction  Nerdist

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

St. Rose school's online auction, fundraising week to wrap up Saturday - Longview Daily News
St. Rose school's online auction, fundraising week to wrap up Saturday  Longview Daily News

Former member buys South Dakota polygamous sect compound at auction - Casper Star-Tribune Online
Former member buys South Dakota polygamous sect compound at auction  Casper Star-Tribune Online

Foster's Home for Children to host 18th Annual Auction - Stephenville Empire-Tribune
Foster's Home for Children to host 18th Annual Auction  Stephenville Empire-Tribune

'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

Sotheby’s to Auction Art From Texas Heiress’s Estate - The Wall Street Journal
Sotheby’s to Auction Art From Texas Heiress’s Estate  The Wall Street Journal

Local News In Brief: Charity auction extends deadline - The Independent
Local News In Brief: Charity auction extends deadline  The Independent

An Online Auction for ARF - East Hampton Star
An Online Auction for ARF  East Hampton Star

NAEC's NEXT receives $27.5 million from FCC auction - ktlo.com
NAEC's NEXT receives $27.5 million from FCC auction  ktlo.com

TAM VIRTUAL AUCTION | Calendar | kpvi.com - KPVI News 6
TAM VIRTUAL AUCTION | Calendar | kpvi.com  KPVI News 6

One person spends $4.85 million in domain auction - Domain Name Wire
One person spends $4.85 million in domain auction  Domain Name Wire

Productive Illinois farmland offered in March auction - PRNewswire
Productive Illinois farmland offered in March auction  PRNewswire

Who wants a fire truck? City of San Angelo auction opens, taking bids on 57 items - Standard-Times
Who wants a fire truck? City of San Angelo auction opens, taking bids on 57 items  Standard-Times

Sotheby's Auctions Botticelli 'Young Man' Painting for $92.2 Million - The New York Times
Sotheby's Auctions Botticelli 'Young Man' Painting for $92.2 Million  The New York Times

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

Take Home a Champion: Race-Winning Corvette C7.R Up for Auction - imsa.com
Take Home a Champion: Race-Winning Corvette C7.R Up for Auction  imsa.com

Texas ranch heiress' art collection going up for auction - Associated Press
Texas ranch heiress' art collection going up for auction  Associated Press

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

OBS Equine Artwork Auction to Benefit Charity - BloodHorse.com
OBS Equine Artwork Auction to Benefit Charity  BloodHorse.com

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

IPL 2021: Schedule, Date, Auction, Team List, Complete Squads, Venue - Cricket Addictor
IPL 2021: Schedule, Date, Auction, Team List, Complete Squads, Venue  Cricket Addictor

Historic Philly newspaper with iconic 'Unite or Die' masthead up for auction - PhillyVoice.com
Historic Philly newspaper with iconic 'Unite or Die' masthead up for auction  PhillyVoice.com

Barrett-Jackson’s car auction coming to Las Vegas in June - Las Vegas Review-Journal
Barrett-Jackson’s car auction coming to Las Vegas in June  Las Vegas Review-Journal

TCG invests $40m in Goldin Auctions - PE Hub
TCG invests $40m in Goldin Auctions  PE Hub

Legend Rare Coin Auctions Regency 43: Lots You Need to Know - CoinWeek
Legend Rare Coin Auctions Regency 43: Lots You Need to Know  CoinWeek

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

Target Auction Company Announces Auction Sale of a Luxury Estate on 6.5± Acres in Tupelo, Mississippi on March 18th - leader-call.com
Target Auction Company Announces Auction Sale of a Luxury Estate on 6.5± Acres in Tupelo, Mississippi on March 18th  leader-call.com

Sydney auctions: West Pennant Hills house sells for $2.072m - Domain News
Sydney auctions: West Pennant Hills house sells for $2.072m  Domain News

Cold War Relics Auction - KTLA
Cold War Relics Auction  KTLA

Auction ends for Watertown’s heavy rescue fire truck - WWNY
Auction ends for Watertown’s heavy rescue fire truck  WWNY

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

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

DC's Superhero Auction Featured Comics Most Twisted Weapons - Screen Rant
DC's Superhero Auction Featured Comics Most Twisted Weapons  Screen Rant

Kid Lit Community Launches Auction To Help Combat Anti-Asian Racism | News Bites - School Library Journal
Kid Lit Community Launches Auction To Help Combat Anti-Asian Racism | News Bites  School Library Journal

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

Phil Collins' Ex Orianne Selling Designer Bags, Memorabilia at Auction - inTouch Weekly
Phil Collins' Ex Orianne Selling Designer Bags, Memorabilia at Auction  inTouch Weekly

Capitals to celebrate Black History Night with special jersey auction - NBC Sports
Capitals to celebrate Black History Night with special jersey auction  NBC Sports

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

Contemporary New Build in Mallorca Heads to Auction - Mansion Global
Contemporary New Build in Mallorca Heads to Auction  Mansion Global

Under the Hood: Carroll Shelby’s ‘Cobra to End All Cobras’ Is Coming to Auction—Again - Robb Report
Under the Hood: Carroll Shelby’s ‘Cobra to End All Cobras’ Is Coming to Auction—Again  Robb Report

Priest plans to auction coveted baseball cards to aid low-income students - Catholic News Service
Priest plans to auction coveted baseball cards to aid low-income students  Catholic News Service

Church women raise funds at auction | - yoursun.com
Church women raise funds at auction |  yoursun.com

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

Auction starts for all Lakeside Inn memorabilia and contents - South Tahoe Now
Auction starts for all Lakeside Inn memorabilia and contents  South Tahoe Now

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