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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. May / 20 / 2024

Red Lobster auctions contents of 2 Georgia locations - 11Alive.com WXIA
Red Lobster auctions contents of 2 Georgia locations  11Alive.com WXIA

Al Capone's sidearm 'Sweetheart' sells at auction for $885000 - Chicago Sun-Times
Al Capone's sidearm 'Sweetheart' sells at auction for $885000  Chicago Sun-Times

5 Takeaways From the Spring Art Auctions: $20 Million Is the New $50 Million - The New York Times
5 Takeaways From the Spring Art Auctions: $20 Million Is the New $50 Million  The New York Times

Rare Richard Mille watch could set a record at Christie’s New York auction - CNN
Rare Richard Mille watch could set a record at Christie’s New York auction  CNN

Jeffrey Epstein's 'little black book' just went up for auction. Here's whose names are listed in it - Scripps News
Jeffrey Epstein's 'little black book' just went up for auction. Here's whose names are listed in it  Scripps News

‘Spun us out’: Carnegie vendors’ stylish reno earns $3.75m auction payday - The Age
‘Spun us out’: Carnegie vendors’ stylish reno earns $3.75m auction payday  The Age

Messi napkin that sealed Barcelona move sells for $965,000 at auction - ABC News
Messi napkin that sealed Barcelona move sells for $965,000 at auction  ABC News

Lionel Messi contract napkin sold at auction for nearly $1 million - NPR
Lionel Messi contract napkin sold at auction for nearly $1 million  NPR

Messi napkin that sealed Barcelona move sells for $965,000 at auction - AOL
Messi napkin that sealed Barcelona move sells for $965,000 at auction  AOL

75-year-old antique collection sold at auction. - WBNG
75-year-old antique collection sold at auction.  WBNG

When the Queen had fun playing in the mud: Scuffed dresses worn by Princess Elizabeth and her sister Margaret - Daily Mail
When the Queen had fun playing in the mud: Scuffed dresses worn by Princess Elizabeth and her sister Margaret  Daily Mail

NYC May Auctions Show Signs of High-End Art Market Decline - Bloomberg
NYC May Auctions Show Signs of High-End Art Market Decline  Bloomberg

ACV Auctions Inc. (NASDAQ:ACVA) Shares Sold by Swiss National Bank - Defense World
ACV Auctions Inc. (NASDAQ:ACVA) Shares Sold by Swiss National Bank  Defense World

Low price may tighten New Zealand's carbon credit supply in 2025 due to auction failures - S&P Global
Low price may tighten New Zealand's carbon credit supply in 2025 due to auction failures  S&P Global

Sherman's sword comes home: Lancaster museum buys general's weapon at auction - WVXU
Sherman's sword comes home: Lancaster museum buys general's weapon at auction  WVXU

Black Panther Portraits, Babbage Presentation Copies, Signed Churchill Photograph: Auction Preview - Fine Books & Collections Magazine
Black Panther Portraits, Babbage Presentation Copies, Signed Churchill Photograph: Auction Preview  Fine Books & Collections Magazine

Details for MERIT AUCTIONS - Ad from 2024-05-19 - Quad-City Times
Details for MERIT AUCTIONS - Ad from 2024-05-19  Quad-City Times

Hodinkee Geneva Spring Watch Auction Recap 2024 - HODINKEE
Hodinkee Geneva Spring Watch Auction Recap 2024  HODINKEE

How Beijing’s art scene is being transformed by young collectors - South China Morning Post
How Beijing’s art scene is being transformed by young collectors  South China Morning Post

New York's 2024 Spring Auction Sales Neared $1.4 Billion | News - Ocula Magazine
New York's 2024 Spring Auction Sales Neared $1.4 Billion | News  Ocula Magazine

Cyber-Attack Disrupts Christie's $840M Art Auctions - Infosecurity Magazine
Cyber-Attack Disrupts Christie's $840M Art Auctions  Infosecurity Magazine

Red Lobster auctions: Top bid for closed restaurant location in Alabama at $5,300 - AL.com
Red Lobster auctions: Top bid for closed restaurant location in Alabama at $5,300  AL.com

Red Lobster auctions off items as a result of closures - 98.5 KYGO - 98.5 KYGO
Red Lobster auctions off items as a result of closures - 98.5 KYGO  98.5 KYGO

Monet Leads Sotheby’s $235 Million Modern Art Sale—But Carrington Steals the Show - artnet News
Monet Leads Sotheby’s $235 Million Modern Art Sale—But Carrington Steals the Show  artnet News

2024 KACo Salt Auction - - The Kentucky Association of Counties
2024 KACo Salt Auction  - The Kentucky Association of Counties

Spring Consignment Auction | Auctions | heraldandnews.com - Herald and News
Spring Consignment Auction | Auctions | heraldandnews.com  Herald and News

The EU’s inaugural Hydrogen subsidy auction. What have we learned? - Energy Post
The EU’s inaugural Hydrogen subsidy auction. What have we learned?  Energy Post

Christie’s Holds Major Art Auctions Despite Cyberattack - The New York Times
Christie’s Holds Major Art Auctions Despite Cyberattack  The New York Times

Art Market Seeks Its Footing After Stumbling Sales and a Hack at Christie's - The New York Times
Art Market Seeks Its Footing After Stumbling Sales and a Hack at Christie's  The New York Times

Muscatine sends city surplus to auction - WHBF - OurQuadCities.com
Muscatine sends city surplus to auction  WHBF - OurQuadCities.com

Phillips's evening auction in New York notches $72.3m, buoyed by two fresh Basquiat paintings - Art Newspaper
Phillips's evening auction in New York notches $72.3m, buoyed by two fresh Basquiat paintings  Art Newspaper

Walter Johnson's jersey from 1920 showdown with Babe Ruth sold at auction - The Washington Post
Walter Johnson's jersey from 1920 showdown with Babe Ruth sold at auction  The Washington Post

New York May Auctions Get Off to a Slow Start as Pricey Bacon Misfires During Sotheby's $267.3 M. Sale - ARTnews
New York May Auctions Get Off to a Slow Start as Pricey Bacon Misfires During Sotheby's $267.3 M. Sale  ARTnews

Delays in European offshore wind auctions heighten competition among developers - 4C Offshore
Delays in European offshore wind auctions heighten competition among developers  4C Offshore

Castle built for Andrew Carnegie's daughter up for auction - CBS News
Castle built for Andrew Carnegie's daughter up for auction  CBS News

Online state surplus auction begins May 18 - WSFA
Online state surplus auction begins May 18  WSFA

The Hobbit: Rare first edition expected to fetch thousands at auction - BBC.com
The Hobbit: Rare first edition expected to fetch thousands at auction  BBC.com

Red Lobster in Rohnert Park auctions off entire restaurant - KTVU FOX 2 San Francisco
Red Lobster in Rohnert Park auctions off entire restaurant  KTVU FOX 2 San Francisco

Ieq Capital LLC Buys New Shares in ACV Auctions Inc. (NASDAQ:ACVA) - Defense World
Ieq Capital LLC Buys New Shares in ACV Auctions Inc. (NASDAQ:ACVA)  Defense World

Sotheby's $227.9m double-header marks tentative start to New York spring auctions - Art Newspaper
Sotheby's $227.9m double-header marks tentative start to New York spring auctions  Art Newspaper

Colt revolver from Battle of Little Bighorn and WWII battle tank are top guns at Texas firearms auction - Fox Business
Colt revolver from Battle of Little Bighorn and WWII battle tank are top guns at Texas firearms auction  Fox Business

Foo Fighters Dave Grohl auctions off signed guitar - Axios
Foo Fighters Dave Grohl auctions off signed guitar  Axios

Red Lobster closes 50+ locations across the country, auctions off contents - WCJB
Red Lobster closes 50+ locations across the country, auctions off contents  WCJB

75-year-old antique collection sold at auction. - WBNG
75-year-old antique collection sold at auction.  WBNG

Patek Philippe Dominates Geneva's Spring Watch Auctions - Robb Report
Patek Philippe Dominates Geneva's Spring Watch Auctions  Robb Report

World Awareness Children's Museum holds 34th annual International Cuisine Dinner and Auction Sunday night - WNYT NewsChannel 13
World Awareness Children's Museum holds 34th annual International Cuisine Dinner and Auction Sunday night  WNYT NewsChannel 13

Red Lobster closes 50+ locations across the country, auctions off contents - WDAM
Red Lobster closes 50+ locations across the country, auctions off contents  WDAM

Three downtown Charleston parking garages are going up for auction - WCHS
Three downtown Charleston parking garages are going up for auction  WCHS

Three Separate Online Auctions for Village Mall properties Underway; Will Expire at 11:30 AM CDT on Wed May 15th - Vermilion County First
Three Separate Online Auctions for Village Mall properties Underway; Will Expire at 11:30 AM CDT on Wed May 15th  Vermilion County First

Chemung County auctions off vehicles, surplus equipment - WETM - MyTwinTiers.com
Chemung County auctions off vehicles, surplus equipment  WETM - MyTwinTiers.com

Christie's makes $94.6m in New York contemporary sales despite cyberattack and star lot's withdrawal - Art Newspaper
Christie's makes $94.6m in New York contemporary sales despite cyberattack and star lot's withdrawal  Art Newspaper

Steward outlines process to sell, auction hospitals - NBC Boston
Steward outlines process to sell, auction hospitals  NBC Boston

100% of Orlando Red Lobster restaurant contents sold as auction closes - WFTV Orlando
100% of Orlando Red Lobster restaurant contents sold as auction closes  WFTV Orlando

An Anxious May Auction Season Kicks Off With Tepid Results At Best - ARTnews
An Anxious May Auction Season Kicks Off With Tepid Results At Best  ARTnews

$46.5 M. Basquiat Leads Phillips's Tepid $86.3 M. New York Auction - ARTnews
$46.5 M. Basquiat Leads Phillips's Tepid $86.3 M. New York Auction  ARTnews

HODINKEE Radio: Q&A – Cartier, TAG Heuer x KITH Formula 1, Auctions, And More - HODINKEE
HODINKEE Radio: Q&A – Cartier, TAG Heuer x KITH Formula 1, Auctions, And More  HODINKEE

Hodinkee Geneva Watches Auction Preview Spring 2024 - HODINKEE
Hodinkee Geneva Watches Auction Preview Spring 2024  HODINKEE

Futuristic Feng Shui-Designed Malibu Mansion Once Asking $57 Million Heads to Auction - Mansion Global
Futuristic Feng Shui-Designed Malibu Mansion Once Asking $57 Million Heads to Auction  Mansion Global

LAGOS AUCTIONS HANDCRAFTED 18K GOLD & DIAMOND NECKLACE FOR KEEP MEMORY ALIVE - PR Newswire
LAGOS AUCTIONS HANDCRAFTED 18K GOLD & DIAMOND NECKLACE FOR KEEP MEMORY ALIVE  PR Newswire

Pat McAfee wins Mecum Cadillac auction for show staffer live on-air - New York Post
Pat McAfee wins Mecum Cadillac auction for show staffer live on-air  New York Post

Bike Auction Planned - Mackinac Island Town Crier
Bike Auction Planned  Mackinac Island Town Crier

Blackstone vs Wizards of Logan Rock, Super Magician Comics at Auction - Bleeding Cool News
Blackstone vs Wizards of Logan Rock, Super Magician Comics at Auction  Bleeding Cool News

Sonali Bank auctions Apex Weaving's assets to recover Tk390cr loan - The Business Standard
Sonali Bank auctions Apex Weaving's assets to recover Tk390cr loan  The Business Standard

Christie's £670m art auctions hit by cyber attack - BBC.com
Christie's £670m art auctions hit by cyber attack  BBC.com

Slow Start to New York Auctions, Dutch Royal Academy of Art Cuts Ties with Israeli Art School, Filmmaker Smuggled ... - ARTnews
Slow Start to New York Auctions, Dutch Royal Academy of Art Cuts Ties with Israeli Art School, Filmmaker Smuggled ...  ARTnews

Huge Wyoming Elk Racks Sell For Big Money At World's Largest Antler Auction - Cowboy State Daily
Huge Wyoming Elk Racks Sell For Big Money At World's Largest Antler Auction  Cowboy State Daily

July 28 report: Selected Western livestock auctions | Livestock Auctions - Capital Press
July 28 report: Selected Western livestock auctions | Livestock Auctions  Capital Press

‘Castle’ built for Andrew Carnegie’s daughter on the auction block - WPXI Pittsburgh
‘Castle’ built for Andrew Carnegie’s daughter on the auction block  WPXI Pittsburgh

Two British Maritime Forts Heading to Auction Could Become Quirky Vacation Homes - Mansion Global
Two British Maritime Forts Heading to Auction Could Become Quirky Vacation Homes  Mansion Global

Steward Health Care to Sell 31 US Hospitals at Auctions - Globe St.
Steward Health Care to Sell 31 US Hospitals at Auctions  Globe St.

Air Jordan 1 High 'Bred' 1984 Sample Auction - Complex
Air Jordan 1 High 'Bred' 1984 Sample Auction  Complex

ACV Auctions lays off over 30 employees company-wide - Buffalo News
ACV Auctions lays off over 30 employees company-wide  Buffalo News

Hackers target website of Christie's auction house in UK - SC Media
Hackers target website of Christie's auction house in UK  SC Media

UPDATE: Danville mayor comments on end of Village Mall auctions - wcia.com
UPDATE: Danville mayor comments on end of Village Mall auctions  wcia.com

Red Lobster hired auction company 'very recently' before shutting 50 restaurants, may file for bankruptcy next week ... - New York Post
Red Lobster hired auction company 'very recently' before shutting 50 restaurants, may file for bankruptcy next week ...  New York Post

Luxurious Oceanfront Malibu Estate to Auction via Sotheby’s Concierge Auctions - EIN News
Luxurious Oceanfront Malibu Estate to Auction via Sotheby’s Concierge Auctions  EIN News

Opera Saratoga Announces Reserved Tables For Belmont Weekend Available For Auction - BroadwayWorld
Opera Saratoga Announces Reserved Tables For Belmont Weekend Available For Auction  BroadwayWorld

Online state surplus property auction starts Saturday - Yellowhammer News
Online state surplus property auction starts Saturday  Yellowhammer News

LWV Host Silent Auction - myCentralOregon.com
LWV Host Silent Auction  myCentralOregon.com

Luxury Malibu Oceanfront Estate Hits Auction Block With Starting Bids At $6 Million - Travel And Tour World
Luxury Malibu Oceanfront Estate Hits Auction Block With Starting Bids At $6 Million  Travel And Tour World

Christie's 20th Century Evening Sale nets $413 million - ARTnews
Christie's 20th Century Evening Sale nets $413 million  ARTnews

Sylvester Stallone Is Putting His $6 Million Watch Collection Up For Auction Next Month - Celebrity Net Worth
Sylvester Stallone Is Putting His $6 Million Watch Collection Up For Auction Next Month  Celebrity Net Worth

English military forts turned luxury hotels head to auction - New York Post
English military forts turned luxury hotels head to auction  New York Post

France announces winners of world’s first commercial-scale floating offshore wind auction - WindEurope
France announces winners of world’s first commercial-scale floating offshore wind auction  WindEurope

Auctions: Christie's Geneva Watch Auction Postponed Until Tuesday Due To Cyberattack; Potential Bidders ... - HODINKEE
Auctions: Christie's Geneva Watch Auction Postponed Until Tuesday Due To Cyberattack; Potential Bidders ...  HODINKEE

Michael Schumacher's watches fetch 4 million Swiss francs at auction - Reuters
Michael Schumacher's watches fetch 4 million Swiss francs at auction  Reuters

O'Keeffe Among Highlights of Christie's Auction, Dublin-NY Portal Shut Down, Artist Katherine Porter Dies, and More ... - ARTnews
O'Keeffe Among Highlights of Christie's Auction, Dublin-NY Portal Shut Down, Artist Katherine Porter Dies, and More ...  ARTnews

Car auctions for dealers - Ayvens
Car auctions for dealers  Ayvens

Christie's takes website offline after cyberattack, delays live auction - The Record from Recorded Future News
Christie's takes website offline after cyberattack, delays live auction  The Record from Recorded Future News

Thailand Video News May 20: 10-year-old rice auctions resume after safety tests (short) - ASEAN NOW
Thailand Video News May 20: 10-year-old rice auctions resume after safety tests (short)  ASEAN NOW

Christie's Website Is Brought Down by Hackers Days Before $840 Million Auctions - The New York Times
Christie's Website Is Brought Down by Hackers Days Before $840 Million Auctions  The New York Times

Eric Clapton's 'Wonderful Tonight' Guitar May Hit $500000 at Auction - Robb Report
Eric Clapton's 'Wonderful Tonight' Guitar May Hit $500000 at Auction  Robb Report

Lionel Messi's Famous Barcelona Napkin Sells at Auction for Nearly $1M - Men's Journal
Lionel Messi's Famous Barcelona Napkin Sells at Auction for Nearly $1M  Men's Journal

The Night That Sotheby's Was Crypto-Punked - The New York Times
The Night That Sotheby's Was Crypto-Punked  The New York Times

Lionel Messi's famous Barcelona napkin sold for $965,000 - ESPN
Lionel Messi's famous Barcelona napkin sold for $965,000  ESPN

By the Numbers: A Breakdown of Results From Sotheby’s Contemporary Evening Auction, May 2024 - artnet News
By the Numbers: A Breakdown of Results From Sotheby’s Contemporary Evening Auction, May 2024  artnet News

A $13 million string of lights? See some of the art that sold in the de la Cruz auction - Miami Herald
A $13 million string of lights? See some of the art that sold in the de la Cruz auction  Miami Herald

100% of Orlando Red Lobster restaurant contents sold as auction closes - The Business Journals
100% of Orlando Red Lobster restaurant contents sold as auction closes  The Business Journals

'Digital will only grow but physical auctions are going nowhere' – Dealer Auction – Car Dealer Magazine - Car Dealer Magazine
'Digital will only grow but physical auctions are going nowhere' – Dealer Auction – Car Dealer Magazine  Car Dealer Magazine

Body Shop administrators to put retailer up for auction - Retail Insight Network
Body Shop administrators to put retailer up for auction  Retail Insight Network

Sotheby’s Concierge Auctions: Bidding Opens for Historic Sale at Sotheby’s London - EIN News
Sotheby’s Concierge Auctions: Bidding Opens for Historic Sale at Sotheby’s London  EIN News

Art from the Heart Auction Sale - erienewsnow.com
Art from the Heart Auction Sale  erienewsnow.com

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