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


The Mercury News

Auctions, sales, exhibits keep history, collectibles fans entertained
The Mercury News
Past Tyme Pleasures sale: You have until Nov. 3 to place your bids for items included in the semi-annual sale of this Brentwood online auction house run by Steve Howard. Among the stash on the block: old car license plates, beer collectibles, ephemera, ...



30-Year TIPS Reopening Auctions With A Real Yield Of 1.235%
Seeking Alpha
The after-inflation yield of 1.235% was higher than where this TIPS was trading in the secondary market. That indicates weak demand. The yield was the highest for any 29- to 30-year TIPS auction since February 2014. The inflation breakeven rate came in ...

and more »


Fortune

How A University IT Guy Looks To Outmaneuver Verizon and AT&T In Upcoming Spectrum Auctions
Fortune
Verizon and AT&T have more fearsome rivals than David Beyerle, a communications engineer in Penn State University's IT department. Nevertheless, the two telecom giants could soon have to bid against him at two major government airwave auctions.



Concierge Auctions Unveils October/November Real Estate Lineup Including Luxurious Properties Across Multiple ...
Markets Insider
NEW YORK, Oct. 18, 2018 /PRNewswire/ -- Concierge Auctions has unveiled its latest auction lineup featuring 15 luxury real estate offerings across five countries and nine US states. The new opportunities — offered throughout October and November ...

and more »


Loudwire

Randy Blythe Auctions Off Grammy Medallion for Over $3000
Loudwire
Todd decided to pay it forward when he learned about Bianca's cancer diagnosis and put the medallion and certificate up for auction again on eBay to help raise funds for her treatment. Dan Rubino of Georgia was the winner of the auction, which closed ...

and more »


artnet News

At Hong Kong's Latest Round of Auctions, Work by Western Artists Reached a New High
artnet News
Although you could be forgiven for thinking otherwise, Banksy's remote-controlled theatrics at Sotheby's London weren't the only auction developments worth tracking this month. A quick look at the data from Sotheby's and Christie's most recent fine art ...

and more »


Longview Daily News

Annual 6x6 Art Show and Auctions set for Nov. 3
Longview Daily News
The auction includes more than 60 art objects produced by regional artists. The theme is “Wild Northwest”. This year's theme was inspired by the “natural beauty of the unique Long Beach Peninsula and surrounding areas,” according to a press release ...



Artsy

Rago Auctions: Urban Living VII
Artsy
Rago + Artsy present Rago Auctions: Urban Living VII, featuring small-scale works by giants in contemporary art. This auction brings together works by Agnes Martin, Keith Haring, KAWS, Banksy, and more. Bidding in this auction will close on Tuesday, ...



Hearts & Science Calls To Replace First-Price Auction With Reformed Second-Price Model
AdExchanger
The Omnicom agency wants programmatic to create “clean” second-price auctions to remove the premium that buyers pay. It doesn't want to revert back to the previous second-price model, which suffers from problems around transparency and bid density, ...



Linn's Stamp News

Eastern Auctions features classics in Nov. 8-10 sales
Linn's Stamp News
By Michael Baadke. Eastern Auctions has produced two catalogs for its Nov. 8-10 auction series. The sales will take place at the Lord Nelson Hotel and Suites, 1515 S. Park St., in Halifax, Nova Scotia, Canada. Both sales feature classic Canada and ...


Google News

home | site map
© 2006