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5 Secrets To Make A Killing on EBay
Secret #1: Find a 'real' wholesale and drop ship company Do you know what one of the biggest problem is to be successful on eBay? 'What should I sell"? I can tell you, I get many emails per day from eBay sellers, asking me what they can sell. Let me explain this more in detail. Let's take John and David for example. Both are sellers and try to make money on eBay. Let's start with John. He mainly gets his items from garage sales. So, every Saturday morning he gets up very early, hops into his car and drives around the neighbourhood to check out the garage sales. So he went last Saturday. John did not buy anything on the first two garage sales, but on his third garage sale, he found a little treasure. An old book from 1897 - for a bargain price of $10. Bingo! John was proud! 'I can sell this for huge profit', he thought and he went home. He took his digital camera and he made a high quality digital photo. It took quite some time but finally he was happy with the result. Then he had to upload this picture to his computer and he spent some time writing the sales copy. Late Saturday afternoon finally he was finished and launched this book onto eBay. 7-10 days later his item got sold for $75!! John is excited. He packs the item, labels it with the buyers address and then he drives to the nearest post office. Oh no, what a long line. After 15 min of waiting he could finally post this item to his customer! Wow, a lot of work for $65 profit? Don't you think? Let's look at David. He usually gets up very late - usually at Saturday around lunchtime. He is still in his pyjamas and he makes himself a nice cup of coffee and gets onto the Internet. He logs into his drop ship account and browses through some hot selling product. 'Yes, I can sell that" - A nice laptop for a bargain price of $550 (wholesale price). But David does not have to pay upfront for this item, so he just downloads the professional digital photos offered by his drop ship company to his computer. "Oh wait"; David has just discovered that this drop ship company has also a 'ready-to-use' auction sales letter available. That's really cool ?and David copies and pastes the source code of this letter into his eBay listing and he launches his auction. A Dutch auction, since the drop ship company announced that they have more than one of this laptop currently available. Great, David could sell 6 laptops. He hits the submit button for this Dutch auction of 6 laptops and enjoys his coffee (which is still hot by the way). After 7-10 days David has sold all 6 laptops for $830 each. All what David does is the following: He waits until he gets the payment from his 6 customers in his paypal account, sends the address of the customers together with 6 x $550 (wholesale price) to his drop sip company via paypal. He has made pure profit of 6 x $280 = $1,680 in about 25 min of work - total. That's why David is a smarter eBay seller than John. I think the idea is clear ?drop shipping can be the answer to your problem what to sell on eBay and it can saves you a lot of time too. No packing, posting etc. Secret #2: Have a professional auction listing A professional eBay auction site is like your business card. If you are serious selling on eBay you should show your potential customers that you are a professional seller and that you are selling high quality products. Please, don't just upload a photo and type the text in the description box. Do your homework and learn some HTML. Look around there are many professional tutorials and ebooks around helping you in that matter. It's definitely worth it. And you'll be surprised, because if your auction listing looks nice and professional potential buyers stay longer on your site and usually it's more likely that they place a bid. Secret #3: The money is in the follow up "Yes, I've heard this before", you may say. But, this is a very important aspect of your successful eBay career: Follow up with your customers. Send them an email ~10 days after they have purchased the product and ask them how they are going with the product and if everything is all right. Invite them to have a look at your other auctions. (You have to be careful though not offending anyone, but if the products are related and you ask how they went with the product, that's fine). I never got complaints by doing that and your customers are happy to get some "insider tips". You'll be amazed how many customers will buy from you again, since they value you as a seller. Keep in mind that it is easier to keep an existing customer, instead of getting a new customer. You could also send them a thank you gift in form of a downloadable digital information product. That's easy for you and they get some valuable information. You'll see that your existing customers will be very thankful and they feel good that they have bought from you and will do again in the future. Secret #4: Sell internationally This aspect is often neglected by many eBay sellers: Sell internationally! First, check with your drop ship company in which countries they are shipping and how much postage they charge to send the item overseas. If you have sort out these details, you can go ahead and list your item internationally. You'll be surprised how many more items you are selling when the potential buyers see: Ship worldwide. Don't miss this opportunity or you are leaving big bucks on the table. Secret #5: Be creative - Be different How do you think your listing will be stand out from the crowd? Good question isn't it. In my 4 years of being an active Power Seller, I have tried and tested a lot. First have the photo in the gallery; it just costs a bit more to list but these additional cents are well spend. A recent study has shown that people almost ignore listing without a picture in the gallery. So that's mandatory! The next step is your title. Do you know that only the title is spidered by eBay when potential customers are searching for specific products? So, you have to make sure that your title includes as much keywords as possible. But be careful here, eBay does not like "keyword stuffing". So, be creative and come up with 2-3 different titles for the same item. Try them all and you'll see what works best. Copyright 2005 Auction Resource Network Jason James is a 10 year Internet marketing veteran and an eBay Power Seller of 4 years. His website "The Auction Resource Network" reveals his inside secrets and sources that help him pocket over $10,000 a month on eBay. Get your FREE 14 Day "eBay Secrets" eCourse here: http://www.auctionresourcenetwork.com
MORE RESOURCES: Neue Auctions' online Valentine Jewelry Auction, Feb. 6, features fine jewelry items priced just right ArtfixDaily MaxSold offers zero-commission online auctions to assist charitable sector fundraising efforts Yahoo Finance Grayson County heading online for property tax sales Sherman Denison Herald Democrat Heritage Auctions World Record Numismatic Events Achieve $90.68 Million Coin Dealer Newsletter Joseph Maddalena to Join Heritage Auctions Antique Trader C-band auction heads to next phase FierceWireless Onshore Wind Closes In On Solar in Spanish Auction Greentech Media News Blackwell Auctions Disperses Floridian's Lifetime Hummel Collection Antiques and the Arts Online Lou Gehrig 1938-39 bat to be auctioned by SCP Auctions 97.1 The Ticket Nashville commercial real estate set for auction by court order including Murfreesboro Pike hotel WKRN News 2 Frank Schilling Comments on His Upcoming gTLD Auctions DomainInvesting.com C-Band Auction Set to Move Into Assignment Phase TV Technology Ready Your Paddles for This Rare John Rosselli Auction Architectural Digest Paris Haute Couture Federation Launches Online Auction To Support AIDs Research | BoF The Business of Fashion Auction Calendar: January 29, 2021 Wisconsin State Farmer New Haven Auctions Threads Interest With Wagner Collection Antiques and the Arts Online A Slice of Royal History Is for Sale as Mountbatten Treasures Go Up for Auction TownandCountrymag.com Saint Gaudens' 'Diana' Hits $506250, Top Lot At Keno Auctions Antiques and the Arts Online Wild At HeART Online Auction Benefits The Chattanooga Zoo The Chattanoogan Nokia ready with C-band gear on heels of 5G spectrum auction FierceWireless Two Day Estate Sale January 30th & 31st Time: 9:00 Olean Times Herald Roadside America's parts go at auction as many lament the demise of the iconic attraction Reading Eagle Rare V-Bomber Cockpits Collection Up For Auction The Aviationist Gillian's Wonderland Pier ordered to be put up for auction Press of Atlantic City Cleveland Agency to Auction More Than 300 Antique Ads Online Spectrum News 1 Creighton Pink Out auction ends Wednesday KMTV - 3 News Now 9 Remarkable Pieces From The Gutfreund Auction We're Pining Over Guestofaguest.com C-band auction assignment phase to start February 8 Light Reading Trump auctions drilling rights to Arctic National Wildlife Refuge The Washington Post Part of downtown's Kimpton Hotel Monaco heads to auction Baltimore Business Journal KSCVK Announces Auction Winners COLlive A rare collection of cockpits from legendary British 'V-bombers' is going up for auction - Business Insider Business Insider Sea Turtle Rescue Group's Virtual Auction Set Coastal Review Online Ocean City Amusement Pier, Owned by Mayor, in Jeopardy of Sheriff's Auction NBC 10 Philadelphia Gillian's Wonderland Pier to go to Auction Jenn & Bill Daily Talk Radio 1210 WPHT IPL 2021 player auction to be held on February 18 ESPNcricinfo C-Band auction winds down, officially hits $80B mark Connected Real Estate Magazine Mecum Auctions returns to Kissimmee with collector car auction Orlando Sentinel A Watch Auction Site Designed to Trim the Overhead The New York Times Cake auction and more at the Key Training Center Citrus County Chronicle Contents of the Milton Inn going up for auction this week - Baltimore Fishbowl Lou Gehrig bat, linked to 1938 World Series, could sell for $1 million at auction: report Fox Business U.K. regulators set 5G spectrum auction for March FierceWireless EPEC prepares for 'epic' auction in place of annual sock hop fundraiser Martinsburg Journal IPL 2021: Five players who can set the auction tables on fire Hindustan Times Acker puts Delaware on the fine wine auction map - Del. Business Times Delaware Business Times Georgia weekly cattle auction summary | Livestock Markets | hpj.com High Plains Journal Verizon Posts Solid Q4 Results as C-Band Auction Looms Morningstar.com |
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