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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: Ukraine Auctions Off $200M Russian Yacht The Maritime Executive Investors Flock to Two-Year U.S., German Bond Auctions but For Different Reasons The Wall Street Journal Sonja Morgan is auctioning her NYC townhouse after 11 years spent on and off the market New York Post ViaBTC auctions 'epic sat' after mining Bitcoin's halving block and holding back rewards - The Block 'Buy Bitcoin' Sign Sold for Over $1M at Auction Yahoo Finance US unveils plan for up to 12 offshore wind auctions by 2028 Renewables Now Al Capone's “Sweetheart” Colt .45 Pistol Announced for Auction by Richmond Auctions Bluefield Daily Telegraph U.S. Treasury auctions off $44 billion of the seven year notes at a high yield of 4.716% - ForexLive Black Hills Auction First Annual Spring Coins, Guns, & Western Memorbilia Auction Gillette News Record Al Capone's “Sweetheart” Colt .45 Pistol Announced for Auction by Richmond Auctions Chronicle-Tribune Linden Hill Estate in Gladwyne going up for auction in May The Philadelphia Inquirer BloodHorse MarketWatch: Classic Contenders at Auction BloodHorse.com Iconic gun owned by Al Capone up for auction in Greenville | Greenville News The Post and Courier U.S. Plots 12 Offshore Wind Lease Auctions by 2028 and Revises Rules The Maritime Executive A Castle Built for a Carnegie Will Sell at Auction Mansion Global Annual state auction is live online until April 24 Dickinson County News 'Epic Satoshi' From Bitcoin's 4th Halving Fetches Over $2.13 Million at Coinex Auction – Bitcoin News Bitcoin.com News Auction, tea to raise funds for Stone Library Mount Airy News $600000 Estimate for Edgar Allan Poe's Autograph Manuscript 'For Annie' at Auction Fine Books & Collections Magazine Portrait by Gustav Klimt sells for $32m at Vienna auction Al Jazeera English Muhammad Ali’s former lawyer auctions off hundreds of items signed by ‘The Greatest’ KTLA Los Angeles The $200 million seized superyacht Royal Romance will be auctioned online by Dutch auction house Troostwijk Auctions Luxurylaunches Weston's Antiques: 25 Years & 1300 Auctions In Coventry Antiques and the Arts Online Carlisle Auctions concludes first auction of 2024 with 1980 Porsche 911 taking top sale honors Old Cars Weekly Interior plans 12 offshore wind auctions through 2028 in bid to boost fledgling industry Washington Examiner Margot Robbie, Carey Mulligan and Ed Sheeran donate lots for stasr-studded War Child auction Yahoo New Zealand News John Lennon’s ‘Help!’ Guitar Headed to Auction After Spending the Last 50 Years in an Attic Rolling Stone Kentucky Department of Fish and Wildlife Resources to hold spring surplus item auction May 6 in Frankfort - NKyTribune User-generated content Klimt's long-lost portrait fetches 30 million euros at Austrian auction, setting new record Hindustan Times Legal Pad with 'Buy Bitcoin' Note Shown Behind Janet Yellen Fetches $1 Million in Auction Cryptonews Iconic 'Buy Bitcoin' Sign From Janet Yellen's Testimony Sells for $1 Million in Crypto Auction – Breaking News Bitcoin ... Bitcoin.com News Lucky Hit, another Clarke County historic home, goes on the auction block The Winchester Star To Make Auctions Greener, Publishers Need More Data – And A Guarantee They Won’t Go Broke In The Process AdExchanger Ferrari LaFerrari prototype listed for auction Motor Authority Oxford, Maine auctions off abulance NewsCenterMaine.com WCSH-WLBZ Former Morgan mansion in Alliance to be auctioned April 24 by Kiko Canton Repository Hong Kong buyer snags long-lost Klimt painting for record US$32 million South China Morning Post Prominent Alexandria office building to be sold at foreclosure auction - Washington Business Journal Washington Business Journal Owego Treadway auctions off contents WIVT - NewsChannel 34 |
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