|Net Auctions and Auction Information|
Starting an eBay Home Business
Do I need to explain what eBay is?
If 'Yes', where have you been living for the past 5 years? On Mars?
EBay is the world's largest Internet auction site. There are a reported 30,000,000 users, but that number has probably increased in the time delay between me writing this article and you reading it.
There is no doubt that eBay is a fantastic place to find bargains. There really doesn't seem to be any limit to what you can find and buy there. I've seen websites sold for 8 million and real estate going for $12,000,000.
That's some hefty stuff!
But did you know you can get a cut of that action? eBay has created more home businesses than any other event in human history, and to think, only a short while ago the Internet as we know it didn't even exist.
To become an eBay seller all you need to do is register as a seller and then put up your product for sale.
However, that is an over-simplified summary, here are a few considerations you must ..err..consider:
? What products will I sell?
? Where will I find my products?
? How much will it cost me to sell each product (price of product + eBay listing fees)?
? Where in eBay will I list my products?
? What will I say in my ad?
? What starting bid should I choose?
? How will I process payments?
? How will I get the product to the buyer?
Let's look at each of these questions a little closer..
? What products will I sell? Choose products that are in abundant supply (because you can sell more and not waste time searching for them) but not readily available in your local Walmart (unless you can sell them a lot cheaper).
? Where will I find my products? Find a supplier that can provide the products you want at a good price. Not as difficult as it sounds, read http://www.007workfromhome.com/drop-shipping-course.htm to learn more.
? How much will it cost me to sell each product (price of product + eBay listing fees)? When creating your ads (eBay listings) you will notice there are different listing options that have different fees. But you must be sure that at the end of the day, you are left with a profit after listing fees and product cost.
? Where in eBay will I list my products? The only way to know what will work best for your product is testing. I tend to list my products in several different categories, with different listing options to test which works best for that product.
? What will I say in my ad? Most importantly, use keywords in your title that people looking for your product will use when searching, combine keyword phrases where possible. Always include photos and be very descriptive in the content of your listing. If there is a problem with the product, say so.
? What starting bid should I choose? Some people say the starting bid should be the zero point, that is, the price at which you break even. That way you can't lose money (unless no one bids). Other people say you should set the starting bid low to stimulate bidding. Experience and testing will provide the answer.
? How will I process payments? Most payments are processed by Paypal. Unless you have specific requirements, just use Paypal until you get the hang of things.
? How will I get the product to the buyer? If you use a drop-shipper, they will send the product. If you stock the product, go to the post office or use your preferred shipping method and send ASAP.
Some additional points:
? Always follow eBay rules or you'll just create problems for yourself.
? Always ask the winning bidder for POSITIVE feedback.
? Always keep learning how to improve your eBay business.
I'm by no means an expert at eBay, having only recently begun using it as an extra revenue source.
The 2 best resources I know of are:
..notice neither of those links are affiliate links. I'm recommending them because they are good, not because I'll make money.
In the next issue we will be taking a closer look at resell rights and how you can sell someone else's product and still collect 100% of the profit? yes it's possible and I'll show you how.
Until next time, remember persistence pays off - BIG TIME.
If you enjoyed this article and want to get started workingout of your very own house, then head over toWork at Home Businesses today and enroll in Murray'szero cost Work.From.Home Email Course and also learn fromhis many exclusively written lessons available at thesite. For AOL Users: Work At Home Business
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Be Realistic When Selling on eBay
As some of you know, I spent many years buying and selling both on and offline and several of my products are based upon my own experience in this area. I know that the vast majority of my customers and subscribers have an interest in trading whether it be on eBay or at the local market but more and more I am seeing people with completely unrealistic expectations of what they will be able to do.
eBay After Sales - as Important as the Listing Itself
Your eBay listing has finished and you have made a sale, now the next important stage starts - the after sales. Again we are aiming to develop the professional image or ourselves in the customers eyes to encourage them to come back to us again and again because it is easier to sell to a current customer than it is to a new customer.
To eBay or NOT to eBay
FACT: eBay's Gross Merchandise Sales (GMS) 2003 - GMS, the total value of items sold, was a record $24 billion, representing a 60% year-over-year increase from the $15 billion reported in the full year 2002FACT:Over 79 million times a day, eBay users find products and brands of their choice.FACT:In the final quarter of 2003, reported and increase of 41.
Drop Shipping Increases Profits
You would like to increase your income by selling other peoples` products but you just don`t have the money to stock inventory.On the other hand, perhaps you have lots of your ownproduct and would like to increase your sales, but youdon`t have a lot of money for advertising.
Make Money on eBay the EASY way!
Probably just like you, I had an overwhelming desire to spend more time with my family and friends, doing the things that are important to me and living a comfortable lifestyle without financial worries ? and yes, less time working to pay for it!!! So with my quest to find financial freedom, I "googled" my way through searches looking for ideas on how I could fulfil this desire with minimum effort and expense. After all, I wanted to make money not spend it! I had aspirations of making wad loads of cash so my family & I could truly enjoy the pleasures of life - together.
Taxing eBay Part Deux
When my column on paying income tax on eBay profits ran it brought a wave of emails on whether you were required to report income earned from eBay sales to the IRS sparked a number of additional questions and comments from eBay sellers who were hoping that I could somehow validate that their eBay activities were mere hobbies instead of actual businesses and therefore not susceptible to IRS taxation.Several folks argued that just because their little eBay hobby generated a little cash, that didn't make it a full blown business.
Can You Really Make Money Selling New Release CDs & DVDs On eBay?
Being an active eBayer, I am often being asked about products to sell. A common question is "Where can I purchase products such as new release CD's DVD's and Video Games for Playstation and X box at a 75% to 100% discount.
eBay: Dont Believe All the Hype
Three billion dollars (that's billion with a "B") in revenues, 135 million users, millionaires all over the place at eBay! Yeah, eBaby!!!, to steal a line form another great author. (See "EBay: No Way?Yes Way (Ten Seller Themes) by Barbara Snyder M.
eBay Online Auction Sniping Secrets
Since their introduction several years ago, online auctions, such as eBay, have been one of the hottest destinations on the World Wide Web. Auction sellers are attracted by the prospect of a broad venue for their products and the possibility of high profits resulting from emotion-driven bidding wars.
Seven Steps to eBay Selling Success
More and more people try their luck at selling on eBay everyday. With all of that growing competition it is important that you do everything possible to make sure that you stand out from the crowd.
Eating and Thriving On-Line
The Internet SHOULD be "the place to shop" for low-carb dieters, diabetics, celiacs, and anyone else on a special diet. The posted prices are well below those in retail stores, the variety is greater, you are dealing with firms whose specialty is dealing with your need, and the products for sale are described fully in type that is designed to be read (isn't that a pleasant contrast to the packages you see in your local store.
Are You an Ebay Shopper?
As I write this article, I am keeping an eye on an item on eBay. Do I have to keep an eye on it? No.
Authentic or Fake?
1. Admit It: Old business models are no longer working.
eBay - Tapping Into The Japanese Collector Market
If you owned a skateboard shop in your local mall would you put a big sign in the window saying "No Baggy Pants Allowed"? Of course not. If you did you would be eliminating 50% or more of your most avid potential customers.
EBay Income Possibilities
If you've ever read an article about eBay, you will have seen the kinds of incomes people make - it isn't unusual to hear of people making thousands of dollars per month on eBay.Next time you're on eBay, take a look at how many PowerSellers there are: you'll find quite a few.
How To Save Franchise Fees and Set Up Your Own Ebay Drop Off Store
There has been a flood of publicity generated regarding the "Small Business Opportunity" being offered to would be internet entrepreneurs.The plan is for you to purchase a franchise operation to sell products on consignment via eBay.
12 Items You CANT Sell On EBay
Millions of would-be entrepreneurs want to sell things on ebay. eBay is the #1 home-business opportunity in the world right now, so it's natural that many are eager to find highly profitable items for re-sale on eBay.
Search... Search... Search Your Way To eBay Cash!
One of the most valuable things in life is the ability to learn a skill. One of my dad's favorite sayings was "You can give a man a fish and he will eat for a day, or you can teach a man to fish and he will never go hungry.
eBay Listing Service : Make Managing Your Auctions Easy
Do you want to have a lot of auctions going but don't have time to keep track of them all? Trust me, you're not alone. With more and more people making significant portions - if not all - of their income from their eBay auction websites the need has arisen for many people to have someone manage the listing of their auctions for them.
So, Can You Really Sell EBooks On EBay And Make Cold Hard Cash?
Selling eBooks on eBay, and making any worthwhile profit from doing so, is becoming more and more difficult.Gone are the days when you could sell someone else's books on eBay, and it's becoming considerably more difficult to sell ebooks that you might have written yourself or via Public Domain Publications.
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