Auction Information

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 ANYHTING

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 severly 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 dropshipper. 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,a ndmake 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.


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


New York Post

JFK's rocking chair is up for auction
New York Post
“This offered American Flag, in our opinion, the most likely and convincingly documented to be THE flag that was anchored to the right side of the hood of the President's limousine,” according to Goldin Auctions. The 28-by-19-inch flag featuring yellow ...

and more »


CNBC

Modigliani nude expected to lead spring art auctions with record price of $150 million
CNBC
Sotheby's Tuesday morning unveiled a painting by Amedeo Modigliani that's expected to fetch more than $150 million at next month's auction, making it one of the most expensive ever to go under the hammer. The painting, called "Nu couche (sur le cote ...
Modigliani Painting Sets All-Time Auction Estimate RecordHYPEBEAST

all 24 news articles »


Chicago Daily Herald

Dunning Auctions Service's founder to lead meeting
Chicago Daily Herald
Retired Dunning Auctions Service's founder C.P. Terry Dunning will discuss his leadership style at the next Elgin Area Chamber of Commerce popular series, CEO Unplugged, sponsored by the Grand Victoria Casino. The luncheon will be held Thursday, May 3 ...



Forbes

Burgundy Wine Auction Realizes A Stunning $7M As Collectors Accept Record-Breaking Prices
Forbes
DRC is a consistent head-turner, and this auction was no exception, "featuring an impressive 48 vintages dating back to 1966 and encompassing all the domaine's Grand Cru vineyard sites," HDH said in a statement. "The sale's DRC offers achieved a total ...



AgriCensus

China corn auctions head to 30 million mt with fresh May auction dates
AgriCensus
China will continue to auction its corn stocks into May as the National Grain Trade Centre announced Wednesday a fourth consecutive clearance of up to 8 million mt. On May 3, 4.03 million mt will be auctioned from four northern provinces of Liaoning ...



Central Bank of Iraq Auctions $162405813 on 25 April 2018
Iraqi News
Baghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on April 25 registered $162,405,813 in sales, a -5.05% volume decline from the US $171,046,500 sold by Iraqi Dinar, credit and transfer at the previous auction held on April 24 ...



Aljazeera.com

Greeks continue protests against controversial property auctions ...
Aljazeera.com
Home auctions have been the source of anger and protest in Greece, where austerity continues to take its toll on many.

and more »


Cleveland Jewish News

Auction newbies take note – do your research
Cleveland Jewish News
Many people watch antique auction shows on television, but few understand the process. According to Vincent Olivares, co-owner of Not Your Mother's Estate Sale in Valley View, and Carrie Pinney, business manager at Cowan's Auctions in Warrensville ...



STLtoday.com

WHEELER AUCTIONS - Ad from 2018-04-25 | Ads | stltoday.com
STLtoday.com
Wheeler Auction: PUBLIC AUCTION SUNDAY, MAY 6, 2018 • 12 Noon Directions: From the overpass at the west side of Wrig...

and more »


ABC News

Michael Jackson's moonwalk shoes up for auction
ABC News
A piece of Michael Jackson's legacy is up for auction: the very shoes he wore the first time he moonwalked on stage. "The bidding is already well over $10,000," Brigitte Kruse, a curator with GWS Auctions, told ABC News in a statement. PHOTO: Michael ...
Michael Jackson's famous moonwalk shoes are going up for auctionCNN
Loafers Michael Jackson wore to do the moonwalk are up for auction, and have a Milwaukee connectionMilwaukee Journal Sentinel
Michael Jackson's famous moonwalk shoes going up for auctionPage Six
WTVD-TV -Complex -YouTube -CNN
all 83 news articles »

Google News

home | site map
© 2006