![]() | |
![]() | |
![]() |
Net Auctions and Auction Information |
|
![]() |
Doing It eBay: An eBay Business Means Fun and Profits in a Global Marketplace
In 1995, when Pierre Omidyar introduced an online business venue that was essentially a virtual garage sale with auction pricing, no one knew a retailing revolution was about to occur. That site became known as eBay, and it's hard to find someone today who hasn't at least heard about the popular online auction company. What's important to understand from the start is that eBay is a sales channel that you can use exclusively or in addition to selling through a retail operation, mail order catalog, independent Web site, or network of direct salespeople. You decide the type of business you want to have, what type of merchandise you're going to sell, and how you're going to operate. To sell on eBay, you'll pay a listing fee to post your merchandise and a final value fee (a small percentage of the sale price) when the item sells. For the current eBay fee schedule, check the eBay site. What can you sell on eBay? Though eBay is a popular place for the sale of used items ranging from high-dollar antiques to second-hand junk, it's also a venue for brand-new, up-to-the-minute merchandise of all types and in all price ranges. Deciding what to sell on eBay can be particularly challenging because your options are virtually limitless. Some of the more popular categories of items are cars, computers, consumer electronics, books, movies, music, sports items, collectibles, clothing and accessories. As you take the first step of deciding what to sell on eBay, keep these points in mind: · Have an interest in the product. Don't choose a product based on potential profits alone; be sure it's something you'll enjoy working with. · Cost and sale price. How much will the item cost you and how much can you reasonably expect to sell it for? · Availability. Is the merchandise readily available or will you risk having to deal with supply problems? · Storage. Do you have room to store the merchandise? · Packing and shipping. Consider what is involved in packing and shipping the merchandise. Even though the buyer typically pays the shipping costs, think about your labor, time, and potential breakage. · Seasonal issues. Will the item sell year-round or be subject to seasonal fluctuations? How do you sell on eBay? You have a variety of ways to sell on eBay. In addition to the traditional basic auction, where you post your item with a starting price and wait for bidders to drive the price up, you can use a number of other pricing features and auction types. In addition to auctions, you can also set up your own eBay store, which will allow you to sell auction and fixed-price merchandise from your special location on eBay. You'll pay a monthly fee based on the level of store services you want, plus additional fees for items listed and sold. The technical side of eBay eBay has evolved into one of the most user-friendly sites on the Internet. Getting set up as a user is a simple process that you can complete in just a few minutes. You will be required to provide your name, address, e-mail, and telephone number, as well as a credit card number and your checking account information. eBay uses this information to confirm your identity, which protects the integrity of their operation, and to collect auction fees. If your contact information changes, be sure to notify eBay immediately. You must register to buy or sell on eBay, but you can browse around the site without registering. Before you do any business on eBay, take the time to get to know the site. Set aside several hours to get online and browse around, study listings, read the help pages, understand the various tools and how you can use them, check out the forums, and get comfortable with how the site works. Once your business is up and running, you'll probably want to consider using supplemental auction management software, which will save time and money, make you more efficient, and improve the level of customer service you offer. Getting started as an eBay seller Start off by buying a few things, then start selling, posting just one or two auctions at a time until you're comfortable with how the process works. You'll make mistakes, especially in the beginning, but if you learn from them they'll be worth the cost. Keep in mind that eBay is ever-changing. As the economy cycles, you'll experience changes in pricing and demand. And as more people start operating on eBay, the competition will increase and prices may decline slightly (great when you're buying, but not when you're selling). If you plan to make selling on eBay a full-time business, expect to work hard. Though there is plenty of money to be made on eBay, it's not a get-rich-quick or easy deal. You'll invest as much time and energy as you would in a traditional retail operation--but your potential for profits is greater. Don't be intimated by the sheer size of the operation, and keep in mind that eBay has reached less than ten percent of its potential market-which means there is plenty of room for you. So find your eBay niche, get online, and watch your business grow. Jacquelyn Lynn is the co-author of Make Big Profits on eBay: Start Your Own Million $ Business (with Charlene Davis, Entrepreneur Press, 2005) and the author of Start Your Own Business on eBay, plus nine other titles in Entrepreneur's Start-Up Guide Series. For more information, visit http://www.jacquelynlynn.com
MORE RESOURCES: Largest Auction of Bob Dylan Artwork Arts and Collections International 22-year-old student auctions virginity for âč18 crore, Hollywood star wins bid: 'I'm glad' Hindustan Times Londonâs Auctions In Review artnet News IRS auctions off rapper Tekashi 6ix9ineâs personal belongings following raid at South Florida home WPLG Local 10 Fairâs Animal Auctions Showcase Community Support Calexico Chronicle First ever online firearms auction from WV Treasury lands local police departments significant cash Tri-State Alert Views of estate home headed for auction in Naples Naples Daily News Nasdaq Expands Auction to Copenhagen First North Market Markets Media Auctions March 12-18: modern art, wine prints Finestre sull'Arte Wingstop Auctions Off First-Ever Bottle of Their Iconic Ranch, Complete with a Year's Supply PR Newswire 'Boater's paradise' mansion in The Moorings headed for auction in Naples Naples Daily News NPA to open 10th auction site in Kansas City Powersports Business Scottsbluff FFA Labor Auction Rural Radio Network 46m Below Deck motor yacht Ionian Princess heads to auction Boat International Creamer Auction Co. Norfolk Daily News Ballona Creek Renaissance Art Auction â March 16 Culver City Crossroads Lane watch: Auction action might have sprung forward, too Auto Remarketing Löser Becomes a Winner at Berlin Auction Numismatic News Ranch Bottle Auctions Trend Hunter PHS Pirate Boosters Host 40th Annual Dinner, Auction Fundraiser - Journal & Topics Newspapers Online PHS Pirate Boosters Host 40th Annual Dinner, Auction Fundraiser Journal & Topics Newspapers Online March 12 and 13 Online Auctions Offer Contrast in Tastes, from Funko Pop to Historic Treasures TAPinto.net ACV Auctions to Transfer Listing to NYSE From Nasdaq -March 11, 2025 at 09:03 am EDT Marketscreener.com Childrenâs Museum to Hold Annual Silent Auction & Market EastTexasRadio.com Save the Date for WDWNT's 2025 Two-Day Spring Cleaning Auction: March 22-23 - Sneak Peek WDW News Today Broad Arrow Auctions $9.5m Ferrari Arts and Collections International March Auction Block Georgetowner US Marshals auctioning off Arkansas land once home to ghost towns KFSM 5Newsonline Nikola Wins Permission to Auction Manufacturing Facility Transport Topics Vidalia hotel online auction ends March 25 Natchez Democrat One of Bob Dylanâs earliest recordings, and slew of other gems, are up for auction in Boston Boston.com RB Global Acquires J.M. Wood Auction Construction Equipment Guide Another Day On The Ranch (Dressing): Wingstop Auctions Its Version For Charity 03/11/2025 MediaPost Communications Global art market slumps as Chinese auction sales plummet Hurriyet Daily News 142-Year-Old Iowa Family Farm Sold at Auction for $14,958 an Acre Successful Farming Ford Flathead V8 Coffee Table Up For Auction Ford Authority Iconic and Rare 1945 Nelvana of the Northern Lights, Up for Auction Bleeding Cool News Taproot Wizards Reveals Auction Date for Long-Awaited Sale of Signature NFTs NFT News and Insights from the Industry - NFTgators Amarillo Museum of Art to host 20Ă20 Exhibition and Silent Auction KAMR - MyHighPlains.com Christieâs AI Art Auction âAugmented Intelligenceâ Exceeds Expectations Amid Controversy stupidDOPE.com Two Ernie Davis-signed footballs go up for auction WETM - MyTwinTiers.com 46m Christensen superyacht Ionian Princess for auction SuperYacht Times 'It's Been A Struggle': Florida Bloodstock Industry Navigates Uncertain Waters During 2025 Breeding, Auction Season Paulick Report Hydrogen subsidies | EU approves âŹ436m auctions-as-a-service funds from Austria and Lithuania Hydrogen Insight Growing auction house boosts Board with two industry stars The Negotiator Silent auction to benefit Afghan refugees Annandale Blog Google Ads run different auctions for each ad location Search Engine Land Over 277 Thousand Dollars Raised at St. Maryâs Ball and Charity Auction stormlakeradio.com Here's how much the most recent Jamey Noel auction raised for the convicted felon's restitution WHAS11.com John G. Kraman Obituary January 12, 2025 Fitzgerald Funeral Home How Much Money Did People Pay at Auction for Woj's Old Phones and Press Credentials? Barstool Sports Auction & raffle supporting St. Jude's Children's Research in Minden, La. raises millions KTALnews.com UK auctions ÂŁ4 billion in Treasury Gilt at 4.5% for 2035 Investing.com India Over-subscribed European Hydrogen Bank auction receives 61 bids for Innovation Fund support, including 8 maritime projects European Union .AI auction starts today, GoDaddyâs next auction on tap Domain Name Wire Kid Cudi to Auction Personal Collection of Rare Sneakers, Murakami Art, and Custom Jewelry balleralert.com Cheeto Shaped Like PokĂ©mon Sells for $87K at Auction Hyperallergic |
![]() |
![]() |
![]() |
RELATED ARTICLES
From Ebay Zero To Power-Selling Hero: What It Takes Have you ever wondered what it takes to be "the best of the best"; to outcompete everyone who tries to dowhat you are doing--and to keep them guessing exactlywhat it is that makes you so much better?If you've ever owned a commercial website before, youknow who these people are: they're the ones who sell the same product as you, but make $200,000 each year doing it. They have top rankings on search engines, flocks of loyal visitors, and a mailing list with500,000 subscribers. From Ebay Zero to Power-Selling Hero: The Devil Is In The Details If you've ever heard the expression "the devil is inthe details," you can probably already guess how itrelates to today's lesson. The bulk of the work youdo as an Ebay seller will be easy and repetitive, but it is the minor details that will make or breakyour business. Auction and Its Benefits An auction is basically a public sale wherein any object issold to the highest bidder. It can be defined as a process of purchasing and selling things by offering them up for bid, taking bids and selling the things out to the highest bidder. Traditional Marketing Techniques for eBay Auction Ads Ya know, I sort of giggle when I look at an ad on eBay that's just a black and white description of the item or product that's up for bid. It wasn't long ago at all that I would have done the exact same thing, but once I understood some traditional marketing techniques, not just been exposed to them; everything looked totally different. Get More for Your Money Shopping for Designer Shoes on eBay The worlds online market place.In just a few short years eBay has become a household name and millions of people are registered users benefiting from the enormous variety of auctions listed every day. Drop-ship or U-ship: That is the Question For small Internet retailers, drop-shipping is one of the best innovations since sliced bread. How else can a start-up offer a wide variety of products and convince customers that they have a fully-stocked warehouse-while investing virtually nothing in inventory or warehousing? Before you jump right onto the drop-shipping bandwagon, however, there are some pitfalls to avoid. Losing Sales By Overcharging For Shipping And Handling As a serious seller on eBay you're familiar with their fee circumventing rules. If not, visit: http://pages. 7 Great Reasons Why You Should Start an EBay Business Today EBay is a great part or full time business. An Ebay Business can be used as a way to promote your Online Home Based Business. Making Money on eBay is Really Easy If I can do it you can.Let me tell you my story. Image Hosting For Online Auctions Use eBay picture service or host your own photos?If you use the eBay picture service, your first photo is free. But each additional picture will cost you $0. How To Find Tons of Hot Items Selling On EBay ...In Less Than 10 Minutes There are many ways to start a home business online, and few are easier than eBay - the world's largest online auction site. However, there is one critical condition - you have to know what to sell and how to sell it. Finding Antiques And Collectibles To Sell On eBay Many people who decide to make a living selling collectibles on eBay soon fail. I meet them in the line at the post office. Start an Easy Home Business: Become an Ebay Trading Assistant EBay's online auctions have created business opportunities for thousands of people. Now the Trading Assistant program is making it easier than ever to start a business from home. Rent A Coder & Other Service Auctions You may be in the market for a new website. Perhaps you may be looking for a new logo or a database constructed for yourself or a small business. When is Wholesale Really Wholesale You've finally found the wholesale source for the high demand widget that is selling like hotcakes on the Internet. Thoughts of watching the money pouring in and celebrating the new found success selling widgets has you so excited that you can't wait to buy 5 widgets at wholesale and double the investment. The Top Ten Antique Categories On eBay! Knowledge is Power! And this statement could not be more true when it comes to selling on eBay. As explained in my book "eBay Marketing Wholesale SourcePak", being successful on eBay all depends on being in the right place, at the right time, with the right product. Profitable Paper Piecing on eBay -- Part 2 Basic Paper Piecing TipsHere are some tips that will help you create paper piecings that will sell!Save some time by eliminating the "tracing" of patterns. Take your pattern, lay it over your cardstock and use your stylus to "trace" it onto your cardstock. Join the Home-Based Business Revolution Greetings, Friend. So you've decided to go into business. How to Survive the Jungles of Ebay Selling Come with me, we are going to take a safari into the jungles of eBay selling, sometimes wrought with danger but most often rewarded with treasure.Beware of non-paying bidders, beware of auction snipers waiting to try and steal your eBay auction at a very low bid, but welcome the loot you will receive selling outdated relics in your house for a small kings ransom. Before You Sell On Ebay, Take The Most Important Step If you want to earn a full-time income selling on Ebay,you must take the first and most important step in allsuccessful business ventures: you must accept that itis possible.This probably sounds really trite--and maybe it is, butthat doesn't mean it's any less true. ![]() |
home | site map |
© 2006 |