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Your eBay Business - 8 Ways To Insure Its Success
I don't know if you've ever noticed, but it seems like every week or two we read about another Powerseller going out of business. If you want your auction business to be a long-term success, then it's important that you plan now for it's continued growth. According to some people the world economy may be moving toward a 1930's like depression. Others say there is no chance of that happening. Even without something as catastrophic as a world-wide depression, there are still plenty of little things that can put a damper on your success. But, whatever the situation, it's a good idea to hedge your bets. Here's eight tips for preparing your eBay auction business for whatever the future may hold: 1. Keep your overhead low One of the biggest advantages that you, as an independent businessperson, have in today's marketplace is that you can control your own overhead. You don't need big offices, lots of employees, and a lot of the expensive trappings of traditional businesses. By always keeping a close eye on your overhead, you will be in position to weather the slow times on eBay and/or slow economic times. In this business you can't always control how many sales you make, but you can control your overhead. Keep it low. 2. Invest in tools and training Successful eBay sellers survive and prosper because they are willing to invest in new skills and tools; and to take the time to learn how to use them to make themselves more productive. The key to long- term growth is to continually learn new skills and acquire new tools that will save you both time and money. The more skills you develop, the more flexible you can be with the types of products you sell and how you sell them. At the same time, it's important to invest your time and money wisely. Many people that want to build a full time eBay business willingly spend $200 - $300 over a period of time on several $20 - $30 products, but are reluctant to spend $100 or more on one product. While there are certainly some expensive products that are of little or no value, many times the best products are priced at an amount that belies their value. 3. Have multiple income streams We've all heard the old saying "Don't put all your eggs in one basket." Nowhere is it truer than on eBay. Try to set up at least three or four different niches, each of which produces it's own stream of income. There are a couple of advantages to this. First, while the income you make from each niche might not be enough to survive on, the combined income can provide a comfortable living. Secondly, should one or more of the niches suddenly slow down, you will still have income from the others to tide you over until new income streams can be created. 4. Have a Plan B & Plan C in place It's a fact of life that very few lucrative niches on eBay last forever. What will you do if you most productive niche suddenly takes a dive into the dumpster? And, what if another of your niches takes a dive also? Knowing the answers to these questions will help prevent you from having to make decisions out of desperation. You should always have a backup plan in place. You should be continually looking for and developing new niches that you can move into if others become unproductive. 5. Be flexible and be ready to react quickly to changing conditions or developments Always be on the lookout for the occasional, short term, hot item that pops up on eBay. Within the last year it was Dragonball Z, Beyblades and Furreal Friends. Would you have seen them coming and been in a position to take advantage of the craze for one of more of them? Many so called auction experts talk about utilities such as Hotbids.com or Andale's Research tool to help you determine what's hot. But the secret isn't to find out what is hot; it's determining what is going to be hot. There are several web sites and tools you can use to do this. One of the best is Lycos 50, a daily report on Lycos.com by Chris Schatz. He talks about the top 50 keyword searches on Lycos and makes predictions. If you had been a regular reader, you would have read his predictions for how hot each of these items would have been enough ahead of time to position yourself on eBay to take advantage of the craze when it really hit. The point is that, many times, the real research tools you should be using aren't in any way connected with eBay. Neither are they being touted by the so called experts. But they're there to be used by you if you are imaginative enough to see how what they offer can fit into your business. Whenever there is change, there is always opportunity. But only if you can see the change coming and are flexible enough and have the skills and tools needed to take advantage of it. 6. Don't make decisions out of desperation Never let any situation get so out of control that you have to make hasty decisions out of desperation. In nearly all cases, doing so will only cause more problems. It is far better to take the long-term view - constantly monitor your business so that you can take any necessary steps and make any necessary changes before the problems become critical. 7. Always keep your priorities straight Never let your business take over your life. Your priorities should be family, health, morality, and then business. It's never worth destroying your family, health, or reputation trying to build your business. If your business gets in the way of family responsibilities, change your business. If your business is destroying your health, change your business. If your business is causing you to make decisions you know are immoral or illegal, change your business. Always remember what your long-term goals are and don't sacrifice them for a quick, short surge in business. 8. Suck it up and hang in there If you are in business for any length of time you are going to run into rough spots and tough times. Often with that happens you will see a lot of people bail out and quit. In many cases, those few players that remain in the game are the ones who survive the tough times and go on to become extremely successful. If you are selling good products, have low overhead, and multiple streams of income from several niches, you can afford to hang in there a lot longer than your competition. And sometimes, just by sucking it up and hanging in there, you become the winner of customers by default - because they have nowhere else to go. Gary Hendrickson has been making his living selling on eBay for more than six years. He's the author of two eBay related ebooks, has a blog for eBay sellers, and is the owner of ColdItems.Com. ColdItems.ComThe Auction Rebel Blog
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Where: Altair Auctions, 151 Carnegie Row, Norwood, MA 02062, United States. When: Mar 1, 12:00 AM GMT. Top Lots of the Sale:. Turkish Treasury holds auctions to borrow $1.86B Yeni Şafak English Treasury and Finance Ministry holds auctions for fixed coupon and CPI-indexed government bonds. Artists Who Donate Work to Benefit Auctions Get Little More Than Good Karma Artsy An upcoming charity auction at Sotheby's featuring works by women artists exemplifies the meager tax incentives for artists to donate their work. Rarest, most valuable US paper bills in existence set for multimillion dollar auction Fox News Three exceedingly rare 19th century U.S. currency notes are expected to sell for a combined $7 million when they are auctioned off next week. Michael Jordan's game-worn shoe heads to auction after rescue from mall New York Post More than 20 years after Michael Jordan won his last championship, the NBA legend's game-worn Air Jordan from 1985 is up for sale – after being salvaged ... Concierge Auctions Unveils February Lineup Of Top-Tier Properties Across Five US States And Three Countries PRNewswire NEW YORK, Feb. 19, 2019 /PRNewswire/ -- Concierge Auctions has announced its February lineup available across five U.S. states and three countries, and ... Luxury Real-Estate Firm Concierge Auctions Fights Allegations of Fraudulent Bids Wall Street Journal In the competitive world of luxury real estate, Concierge Auctions is the dominant force in the rapidly growing business of selling pricey properties to the highest ... North Carroll: Annual auction for Boy Scout Troop 380 set for March 2 Carroll County Times Boy Scout Troop 380 is holding its annual auction to raise money toward supporting the troop and its events. The auction will be run from 9 a.m. until 5 p.m. ... Auction House Wine Sales Break Records Forbes Wine sales at major auction houses across the globe hit record highs in 2018, according to Sotheby's, the international auction house with outposts around the ... Auction of Treasury bills RIKV 19 0618 Iceland Stock Exchange:RIK GlobeNewswire On Friday, 22 February at 11:00 a.m. Government Debt Management will conduct an auction of Treasury bills RIKV 19 0618 which mature on 18 June 2019. Load shedding 'devastates' SA vehicle auctions Wheels24 Load shedding is having a devastating effect on vehicle auctioneers, according to Darryl Jacobson, managing director of True Price. Torrington sells downtown property at tax auction; no bids on 2nd site - Torrington Register Citizen Torrington sells downtown property at tax auction; no bids on 2nd site Torrington Register Citizen TORRINGTON — A sparse crowd attended the city's delinquent tax auction Tuesday, where one of the two properties for sale was purchased. The former ... Ferrari Emerges As Top Earner from 2019 Scottsdale Collectible Car Auctions Forbes With another round of January auctions behind us, we can now get a better look at how collector cars are selling and marvel at the prices they command. Mint copy of Super Mario Bros. sells for $100,150 at auction The Verge A mint condition original copy of Super Mario Bros. for the NES has sold for a whopping $100150 at an auction, making it one of the most expensive games ever ... Auctioneer facing more theft allegations at National Book Auctions ithaca.com Local auctioneer David Hall, who ran two local consignment companies, has been hit with another lawsuit regarding the operation of his National Book Auctions ... Rare Michael Jordan shoe goes from Milwaukee mall demolition site to high-priced auction Milwaukee Journal Sentinel "My Very Best." It's a simple enough message, scrawled on an old athletic shoe that wound up in an abandoned storage room as Capitol Court Mall was being ... Museum of Art auction ends Thursday Daily Commercial LAKELAND — The Polk Museum of Art's annual fundraising online auction ends at 5 p.m. Thursday. Nearly 70 items are being sold to the highest bidder for just ... Brisbane auctions: Buyers hanging out for the houses with nothing to do Domain News In this era of time-poor professionals and busy families, finding a house that requires no work has become a high priority for many Brisbane buyers. Online auction for the United Way is March 8 Cornell Chronicle The fourth annual Big Red Online Auction to benefit the United Way will be held March 8 from 12:01 a.m. to 11:59 p.m.. Chandler Speedway up for auction TriStateHomepage.com The auction will take place on Wednesday, March 20. Result of Riksbank reversed auctions SEK bonds Stockholm Stock Exchange:RIX GlobeNewswire Auction date, 2019-02-14. Loan, 1054. Coupon, 3.50 %. ISIN-code, SE0003784461. Maturity, 2022-06-01. Tendered volume, SEK mln, 500 +/- 250. Volume ... Long Chim adds Thai spice to Auction House Market NOLA.com Long Chim began with a craving. After moving to New Orleans, May Mananya couldn't find the food she used to eat in her native Bangkok. So she started ... Visit The Kung Fu Nuns Of Nepal And Other Auction Items At The Hollywood For Science Gala Forbes Buddhist nuns practice Kung Fu at the Amitabha Drukpa Nunnery on the outskirts of KathmanduGetty. Our world is dramatically changing through global ... Department of Revenue announces auction schedule for Borriello Brothers Pizza KOAA 5 Your browser does not currently recognize any of the video formats available. Click here to visit our frequently asked questions about HTML5 video. FEMA auctions surplus trailers stored in Central Texas KWTX The Federal Emergency Management Agency is selling thousands of surplus trailer homes that were shipped to and stored at a Central Texas airport and bids ... KAR Auction Services Inc (KAR) to Issue $0.35 Quarterly Dividend Fairfield Current KAR Auction Services Inc (NYSE:KAR) announced a quarterly dividend on Tuesday, February 19th, RTT News reports. Shareholders of record on Friday, March ... Local News Clark County to hold first surplus auction of the year Amy Abdelsayed 9:55 KTNV Las Vegas LAS VEGAS (KTNV) — Clark County's first government surplus auction of 2019 is just around the corner and the preview and pre-registration begin next week. Germany Awards 476 Megawatts In Latest Undersubscribed Onshore Wind Auction CleanTechnica February 20th, 2019 by Joshua S Hill. Germany's latest onshore wind tender was again undersubscribed with only 476 megawatts (MW) of capacity being ... 'Ballpark Auctions' moves to new Port Richey location FOX 13 News, Tampa Bay There's a brand new place in Port Richey called Ballpark Auctions. Vodafone Idea wants 5G auctions only after 2020 ETTelecom.com Vodafone Idea Limited (VIL), India's leading telecom operator said that 5G auction should only take place sometime after 2020. First 2019 Ford GT Heritage Edition Auctions for Eye-Popping $2.5 Million The Drive Ford auctioned off its first GT Heritage Edition supercar on Friday at the 48th annual Barrett-Jackson Collector Car Auction in Scottsdale, where the vehicle ... The FCC Just Wrapped Its First 5G Airwave Auction, and It Didn't Even Crack $1 Billion Fortune The first 5G airwave license auction ended with the Federal Communications Commission receiving total winning bids of $702 million. Monty Mason '89 yearbook pages depict Pi Lambda Phi 'slave auctions' The Flat Hat When Virginia Senator Monty Mason '89 (D-Williamsburg) was an undergraduate at the College of William and Mary, his fraternity — Pi Lambda Phi ... Finders keepers: KCSO selling seized items in online auction WBIR.com The auction company said buyers will find several designer brands for sale including over a thousand watches. Big Changes Expected For The Boulevard Mall If It Goes To Auction wyrk.com The way people shop has completely changed so of course the places where we shop will need to change too. That looks like the case with The Boulevard Mall. Online New Mexico-Based Dispersal Auction Takes Place Feb. 22-25 - Horse Racing News Paulick Report An online auction of 70 Thoroughbreds, including broodmares, yearlings, 2-year-olds, and a stallion, will take place Feb. 22-25 as part of a court-ordered ... Tim Participacoes CEO sees Brazil 5G auction in about a year Reuters The chief executive of Brazil's third largest wireless carrier TIM Participações, Sami Foguel, said on Wednesday that the government should auction the 5G ... Chocolate auction supports youth programs Valleyjournal ARLEE – Auctioneer JR Strand had never seen a three-way tie for the top honor at the Arlee Chocolate Lover's Festival, but he did this year af... Heritage Auctions – Seldom Seen Selections: Rare 2nd Series Bechtler $5 Gold Coin CoinWeek America's first gold rush took place in the Piedmont area of North Carolina and Georgia in the 1820s and '30s. The expanding economy of the region. William & Mary yearbooks show 'slave auctions' for Greek Life Williamsburg Yorktown Daily As politicians are poring over old yearbooks for any old indecencies, the College of William & Mary has started to do the same. College spokeswoman… SVN Auction Services awarded contract to support UDOT to meet mandate to sell surplus real property GlobeNewswire SVN Auction Services builds electronic online auction platform to enable the Utah Department of Transportation to accelerate and close sales of surplus real ... Auction Directory thejournal-news.net SAT., MAR. 2 - 9 a.m. at Bond County Fairgrounds, Greenville, IL 62246. Consigning all types of farm machinery incl. tractors, combines, headers, planters, ... Wayne County treasurer breaks tax auction rules The Detroit News Treasurer Eric Sabree's family participates in foreclosure auction in violation of Wayne County rules. Auction to benefit Denver Fair EphrataReview.com Photo by Alice Hummer The Auction Committee admires some of the larger items donated for their Feb. 23 event at Denver Fire Company. All proceeds benefit ... Industry Stunned as Mexico Cancels Clean Power Auction Greentech Media News Mexico's renewables sector is reeling from the cancellation of an upcoming clean energy auction and the likely handing of power back to state entities. Global Wine Auction Market Exceeds $479 Million in 2018 | Collecting News | Collecting Wine Spectator While 2018 was a volatile year for Wall Street, it was a winning year for wine auctions. Bidders paid record prices for a host of rarities ranging from Domaine de ... 9 Online Auction Sites to Rival eBay G2 Crowd Online auctions are a great way to snag unique items, so we've compiled a list of 9 online auction sites that work similarly to eBay but offer a unique way for you ... Silent Auction Will Benefit Programs At Linden House Ste. Genevieve Herald French Colonial America, the properties of the campus of the National Society of the Colonial Dames of America in the State of Missouri, will host a silent auction ... Brisbane auctions: The Balmoral time capsule house holding a lifetime of memories Domain News On the market for the first time in its 57-year history, this Balmoral Hill house was a literal labour of love for its owner and is now a bricks and mortar time capsule ... 3 White Tractors Sold Today on Illinois Farm Auction AgWeb A whiteout today (February 16, 2019) at the George & Curtis Overcash estate and Larry Overcash farm auction in Canton, IL. Nope, I'm not talking whiteout as in ... Copart buys former auto auction site for $3 million Buffalo News Copart, an online auto auction business, has bought a former auto auction property in the Town of Evans for $3 million. Copart purchased the former home of ... Candlelight Ball auction to raise money for APSU scholarships Clarksville Leaf Chronicle Every spring, the Austin Peay State University Candlelight Ball provides an evening of fine dining and dancing, while also allowing participants to support ... FDM Auction Brings Dance Marathon to 61 Percent of its Goal Fordham Ram This year's Fordham Dance Marathon Auction (FDM), benefitting The Andrew McDonough Be Positive (B+) Foundation, brought the FDM team to 61 percent of ... 2019 mud sale schedule: Auctions for Amish and non-Amish across central Pa. York Daily Record We have the full 2019 mud sale season schedule for you. Take a look! SCS Winter Auction Packer football | News nwestiowa.com This football signed the 2018 Green Bay Packers will be up for bid during the Sheldon Christian School 2019 Winter Auction on Friday, Feb. 22. Auction Preview: The Amelia Island Auction at Bonhams, Fernandina Beach Golf Club, Mar 7 | Artinfo BLOUIN ARTINFO What: The Amelia Island Auction. Where: Bonhams, Fernandina Beach Golf Club, 3990 Amelia Island Parkway, Fernandina Beach FL 32034. When: Mar 7 ... Rare vase from 1893 Chicago World's Fair sells at auction for $110,000 to New York collector Chicago Tribune Made in Japan, exhibited at the Chicago World's Fair in 1893 and hiding in plain sight in a California seafood restaurant for nearly a century, a rare giant vase ... Feds auction off prized horses of ex-Venezuela treasurer who got rich as socialist country crumbled Fox News As Venezuela's path of socialism was going bust and millions of people were drowning in poverty without access to adequate healthcare or even food, a small ... Spenger's auctions unearth unusual, valuable items and loads of nostalgia for former Berkeley restaurant Berkeleyside The Spenger maritime collection went to auction this past weekend, but the rarest items, including a 34.29-carat diamond and a rare Japanese vase from the ... Arizona auctions sell $251 million worth of classic cars Phoenix Business Journal Arizona's collection of classic car auctions sold $251 million worth of cars during the past week, a total up about 1.2 percent increase from the previous year. Two Clallam parcels set for auction in Department of Natural Resources land exchange Peninsula Daily News Common School Trust to gain interest in 368 acres in Skagit County. Art auction funds scholarship in memory of beloved teacher Big Country Homepage A new scholarship is being organized in memory of beloved Wylie art teacher Stacy Horton Sanchez. You can help fund the scholarship for it's first students at a ... Kure For Kassie Live Auction and Benefit Dinner - ABC 36 News WTVQ Kassie is a 34 year old mother of two who was diagnosed with Stage 3 esophageal cancer on her 34th birthday. It has now metastasized to her brain and has ... Buy Your Sweetheart A $500K Heart-Shaped Meteorite That Could Have Destroyed Siberia This Valentine's Day Fortune Christie's is auctioning off a heart-shaped meteorite that crashed into Siberia's Sikhote-Alin mountains on Valentine's Day. Antigua Villa Heading to Auction Caribbean Journal A luxe Antigua villa is headed to auction, Caribbean Journal has learned: the Villa Nonsuch at Antigua's prestigious Nonsuch Bay. Jourdanton Chamber of Commerce BBQ/Auction Pleasanton Express Once again the The Jourdanton Chamber of Commerce would like to invite everyone to their annual BBQ & Auction that is fast approaching! Mark those ... Realtors' auction set for St. Demetrios | News, Sports, Jobs Warren Tribune Chronicle WABOR FUNDRAISER FOR MISSION: Warren Area Board of Realtors will hold a quarter auction fundraiser 7 p.m. Thursday at St. Demetrios Community Center ... Fresh Gem Quality 1795 Eagle Highlights Legend Rare Coin Auctions 31st Regency Sale CoinWeek Stunning Coin a Historic Trophy of American Numismatics Legend Rare Coin Auctions is honored to have been consigned and is proud to offer one of the. BCSO Hosts Car Auction My Panhandle Those in need of a car were able to get some great deals early Saturday morning. Quora adds search-like keyword targeting, Auction Insights for advertisers Search Engine Land SAN JOSE — Quora continues to rapidly build out features and capabilities of its not-yet-two-year old advertising platform. The question and answer platform ... Auction of inflation-linked Treasury bonds RIKS 26 0216 Iceland Stock Exchange:RIK GlobeNewswire On Thursday, 21 February at 11:00 am, Government Debt Management will conduct an auction of Treasury bonds. In this auction Inflation-linked Treasury Bonds ... Online auction of seized Belgian bitcoin begins next week The Irish Times Wilsons Auctions secures contract to sell 315 coins of cryptocurrency. Ft. Pierre Livestock Auction report | Markets High Plains Journal The Ft. Pierre Livestock Auction, Ft. Pierre, South Dakota, reported receipts of 5979 head selling Feb. 15, compared to 2569 head a week ago and 5558 head ... Helm family possessions up for auction Saturday | Local News Elizabethtown News Enterprise An auction Sunday in Lexington will offer artifacts tied to the family of Mary Todd Lincoln, the wife of the 16th president, including items once belonging to a ... George Washington's 'illustrious' hair goes up for auction Fox News A lock of hair from founding father George Washington is set to go up for auction next month and experts believe it could fetch a pretty penny. David Gilmour's guitar collection comes to auction Christie's David Gilmour's 1969 Black Fender Stratocaster has earned its place in rock'n'roll history. Known as 'The Black Strat', the guitar was purchased in 1970 at ... Controversial Limestone West timber auction could be delayed in court ABC FOX Montana BOZEMAN - A group in Bozeman is fighting a proposal by the Department of Natural Resources and Conservation (DNRC) to develop the Gallatin Front for ... Ed Noble Parkway put up for auction Norman Transcript Ed Noble Parkway is going to the highest bidder. The property, officially called Parkway Plaza, will go up for auction on April 1. Ten-X Commercial, an online ... Treasury yields tick higher as investors make way for busy auction week MarketWatch Treasury yields rise Monday as traders made room for the coming wave of bond supply. 4-H tradition continues with dinner, auction | News, Sports, Jobs Marietta Times It may be Jeremy Barth's 30th year of involvement with 4-H but it's his first organizing the major annual fundraiser for Washington County 4-H. The 4-H E. Mexico cancels fourth energy auction pv magazine International After being “temporarily suspended” in early December, Mexico's fourth long-term energy auction has been cancelled. The government said the action was ... 007 Lots You Can Buy In The Bond & Beyond Auction Forbes Memorabilia associated with James Bond and other vintage action stars hits the auction block on February 7th. A range of material from actual film-used props to ... McDonald's Auction: 'If you can pull it you can have it' Sunbury Daily Item LEWISBURG — Saturday's public auction at the soon-to-be-demolished McDonald's wasn't quite of the everything-must-go variety. Cherokee renews auction contract with Dobson Atlanta Journal Constitution The Cherokee County Board of Commissioners has renewed its agreement with Jeff Dobson & Associat... Clark County auction scheduled for March 2 KLAS-TV Clark County will hold its first government auction of the year on Saturday, March 2. Tax Forfeiture Auction Selling Parcels in St. Louis County FOX 21 Online ST. LOUIS COUNTY – More than 90 properties were featured at the tax forfeited land auction at the Shriner's center in Hermantown. These auctions happen ... Third annual auction benefits QHS FFA Herald-Whig The third annual Quincy High School FFA auction will take place Thursday, Feb. 21, in the QHS cafeteria. High-end homes sell at Scottsdale auction (Video) Phoenix Business Journal Several high-dollar residential real estate properties in the Valley went under the gavel late last week, including a property that once was on the market for $35 ... Donald and Melania Trump's 2005 wedding cake favor up for auction Fox News A piece of President Donald and first lady Melania Trump's wedding day could be yours, as a wedding cake favor from the couple's January 2005 nuptials has ... |
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