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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. Selling on consignment means you take a customer's product into your business, and pay the client the balance of the sales proceeds when and if the item sells. The parent company guides you through the process of setting up a brick and mortar type of store located in a strip mall or similar location, and shows you how to attract customers using traditional advertising methods by which you sell their items on eBay. Your income is generated after all the fees are subtracted from the franchiser and eBay, along with the related standard business expenses listed below. All of these items are considered overhead or business operating expenses: 1. Rent/Lease To start an eBay Consignment Business using this method, you will first be charged a Setup Fee ranging from $5,000 to $15,000 depending on the franchise you choose. There is also a range of fees to be paid to the Franchiser on every sale. You need to do the math for this type of operation after paying the franchise and setup fees to see if it is viable. Setting Up An eBay Consignment Auction The Right Way Eliminate the rental or lease and work out of your home. You can easily rent a storage facility for $50-$100/month to store your products, and you can meet your clients there. Remember, they do not expect or need an elaborate storefront; they want their items sold quickly with the least amount of effort. You can obtain inexpensive insurance to cover the items in your storage facility. Advertise your eBay Consignment Service in local newspaper classified ads for under $20/week, and receive more products than you can handle. Sign up for the eBay Trading Assistant Program (See my article titled How To Have eBay Send You Less Than Wholesale Product Sources). You will be provided with leads directly from eBay to you. Obtain an Agreement of Items, which both you and the customer sign. These are available for under $29 at Legal Resource Online. See the list below for Items to target in local classified ads. Indicate in your ad that you will sell items for "No Fee Charged - Pay Small Percentage of Sale" * Computer Hardware/Software Services You Offer To Your Customer: 1. Inspect their product to make sure it is acceptable for sale. 2. Take photos of their product; then write the copy and design a professional ad and place it on eBay. 3. When the product is sold, process the payment securely, taking outyour percentage, in addition to the shipping and handling charges. 4. If the product does not sell after placing the first ad,it is relisted at no charge. If the product doesn't sell the second time, it can either be picked up by the customer, or donated to charity. 5. Packaging and shipping the product to the eBay buyer. 6. Mailing checks to the customer. Setting up an eBay Consignment Business the correct way can allow you to start generating income in a short amount of time with limited expense! Check out my new Ebay Training on DVD's simple easy to follow steps on how to make money on ebay
MORE RESOURCES: Rare Early Basquiat to Lead Sotheby’s Contemporary Auctions in New York with $10 M. to $15 M. Estimate ARTnews.com Tall Order: Artis Gilmore Consigns Collection To Grey Flannel Auctions Sports Collectors Daily Want a one-of-a-kind man cave treasure? Portions of Spartan Stadium scoreboards up for auction Lansing State Journal Top 10 Car Auctions To Watch in 2025 duPont REGISTRY News Boys & Girls Clubs of Metro South raises $544K through Gala Auction at Gillette Stadium Taunton Daily Gazette FERC approves PJM capacity auction price cap, floor Utility Dive Auction planned for cancer patient huntingdondailynews.com State announces auction date of surplus heavy equipment and state vehicles Vermont Business Magazine Growing Chesterhill Produce Auction has been a two-decade labor of love Athens County Independent Two suspects arrested in connection with Warren County car auction robbery FOX19 | Cincinnati Auctions The Military And CIA-Provenance Highlights Of The Monaco Legend Group Spring Auction Hodinkee Why confidence in the commercial property market is building and why auctions are leading the charge CoStar This iconic Route 66-inspired Springfield restaurant is going up for auction Springfield News-Leader Rare Custom Rolex Daytona Heads to Auction nationaljeweler.com iDealwine Publishes Their Data-Driven Auction Barometer Wine Industry Advisor Auction: Wellsville household is on sale until April 30, see GALLERY the wellsville sun Napoleon's sword to be sold at auction in Paris Yahoo News UK West Haven office building hits auction block Hartford Business Journal Bike from Pee-wee’s Big Adventure Going Up for Auction Consequence of Sound Wake Forest University Athletics Auctions Wake Forest University Athletics Mecum Auctions Announces 38th Original Spring Classic At Indiana State Fairgrounds This May DriveSpark Nye & Company has Spring Auctions Slated: April 30, The Private Collection of Susan Ely; and May 1-2 openPR.com Troubled Reno Kimpton site hit with auction notice by lender Reno Gazette Journal Recapping ADESA’s 8 relatively recent new auction location GMs Auto Remarketing Rotary Club looking for the community’s help to smash their Auction total heading into the weekend whopam.com Imperial Glass collectors set for 49th annual convention featuring Lucille Kennedy auction in Ohio WTRF Bass House Art Collection Heads to Christie’s for Global Auction Fort Worth Magazine With financial woes, Red’s Giant Hamburg goes to auction May 15 Springfield Daily Citizen A Magritte Drawing Found on eBay for Less Than $2,000 Heads to Auction for Over $100,000 ARTnews.com Charity Auction Offers Exclusive Ghostbusters Experience: Tour Ghost Corps, Meet Jason Reitman, Plus More Ghostbusters News Valley Haven gears up for auction Friday Valley Times-News Game-Used or Autographed All auctions Baltimore Orioles Auctions The Union flew the white flag of surrender at Fort Sumter. Now it's up for auction in Greenville. Post and Courier Why Did This Broken Ceramic Pot Sell for More Than $60,000 at Auction? Smithsonian Magazine |
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