by Brian McGregor
eBay selling is the ultimate new-start opportunity for your home based business. In my opinion, it beats any other type of internet marketing for two reasons. First, eBay is the easiest way to make money on the internet. And second, it's the quickest way to make money on the internet.
Another item of proof you might like to consider when deciding if eBay selling is for you, is that 430,000 people in the USA alone say that eBay is their sole or their major source of income.
I don't believe there's any other method of internet marketing which can produce success numbers like those.
When you think about this, it isn't surprising that eBay is my recommendation. Internet marketing is a vast topic, requiring that you know about a huge number of techniques and tactics. Even as you're acquiring your internet marketing knowledge, it falls out of date as the internet keeps developing. Two years ago internet marketers were promoting AdSense as the way to make money on the internet. Last year, co-registration was the way to make your fortune. This year they're telling you that you need to become an expert in Social Bookmarking and Web 2.0. If you've never heard of any of these, don't worry. You've saved yourself lots of money and time!
I don't know about you, but what I want from the internet is a way to make money easily.
I simply want to be able to offer something for sale via the internet, and then make a fair profit when it's bought by somebody. A reasonable desire, but there's a huge problem...
The hardest part of internet marketing is getting people to see what you have to offer. There are billions of websites out there, and you're competing against all of them for traffic!
This is where eBay selling comes in.
eBay already gets massive visitor traffic. Truly massive. When I last checked on Alexa, eBay was the most visited shopping site in the world, pushing Amazon into second place.
eBay have invested hugely in the necessary marketing activity to get traffic, and it's all there waiting for you.
All you have to do is to persuade a tiny fraction of those visitors to see what you're selling.
Plus, you can test a product within days, and there are virtually no limits as to what you can sell on eBay. When selling on eBay you can get involved in any area in which you have an interest or expertise.
The figures regarding the growth of eBay are impressive. As I write this, eBay have just announced their 2006 annual results.
* 2004.1 million listings in 2006.
* $52.5 billion value of auctions sales 2006.
* $6 billion Gross Profit in 2006.
* 221.6 million eBay members as at 31 December, 2006.
* On average, 112,300 new members joined eBay each day throughout 2006.
* $37.7 billion value of PayPal payments 2006.
* 133 million PayPal accounts as at 31 December, 2006.
All of this is great news for us!
The eBay market place is thriving, and we should all be able to thrive with it.
If you're in the market to make extra money, and you want to do it through online auctions, then eBay selling is definitely the business for you.
About the Author
Brian McGregor is an expert in eBay selling. He also publishes the eBay Auction Newsletter which is subscribed to by 50,000 eBay members.
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Wednesday, 15 August 2007
How To Find The Best Products To Sell On Ebay
by Deon Du Plessis
If you are looking for ways to make money off Ebay, then your product choice is vitally important. What you choose to sell can make all the difference and very few people ever target the right products and they end up not making much money. Essentially there are two approaches: you can either sell a lot of products for a small profit or you can sell fewer products, but with a bigger profit margin. With the increase in online sales, combined with a renewed interest in Ebay, finding the best products to sell on Ebay need not be such an arduous task.
Regardless of which approach you chose to follow, you need to ensure that there is a demand for what you want to sell. Trading is all about demand and supply. With a high demand and a low supply prices tend to be high as the perceived value of an item is high. If the supply was to increase the prices will fall as the perceived value will be lower. When it comes to finding the best products to sell on Ebay, gauging the supply and demand chain is a vital step in determining the perceived value of a product. When it comes to highly sought after items like tickets to the Pink Floyd reunion concert, the demand can become so high that prices skyrocket. This is where Ebay is incredibly powerful and popular.
The first step then to find the best products to sell on Ebay, is look for the demand - what are people looking for online and what are they willing to spend money on? Head over to Amazon.comand select any category. On the right hand side you will see the ten most popular items and if you like you can even have all the products in that category displayed by popularity. This will give you a good idea of what people are actually buying online.
Next you need to head over to Ebay Pulse (www.pulse.ebay.com) to see what's most popular on Ebay. Select the same category as you did in Amazon and look for matches. What you are looking for is to see whether people are buying the same popular products on Ebay. Most of the time you will see at least three to five matches. You can do more demand research by heading over to other shopping sites, but for now we can be pretty certain that there is a demand on our three to five product possibilities.
Next, we need to check the supply. For this we will pretend to be a shopper on Ebay. Start by doing a wide search on Ebay and take note of what's on offer. If you found Pink PSP Console to be your hot product, start your search with PSP and then narrow it down. Of special interest would be the going rate, the amount of products on offer and whether they are Ebay shops or just private resellers. Private sellers usually pose little threat to you as they only sell one product at a time and they tend to sell used, damaged or one-off products.
Note down all those products being sold by Ebay store owners and check their item price, their shipping costs and their overall presentation and guarantees. We need to beat at least one of these and not just offer the same thing.
The real question then is can we find the same products for a good price? Head over to SaleHoo and search for the product from the wholesale suppliers listings. Compare these prices to the prices of the store owners - can you beat them on price? Can you at least offer the same price and try and beat them on the presentation or shipping?
As you can see this process is pretty quick, but will save you a lot of money in the end. In an hour you can probably research ten items and find five good ones to sell. There are just so many products out there and if something doesn't match the above mentioned criteria, just move onto the next one.
Finding the best products to sell on Ebay is not rocket science. By following the simple principle of supply and demand you can uncover those hidden gems, but you have to go and look for them. Don't just assume that a product is popular and that it will do well on Ebay. This can be a costly mistake. Do the groundwork and success on Ebay will be yours.
About the Author
Article by Deon Du Plessis
To learn more about wholesale products and where to find the best deals, go to Sincere Advice For Auction Success to learn more about where to find the best wholesale products that you can resell on Ebay.
If you are looking for ways to make money off Ebay, then your product choice is vitally important. What you choose to sell can make all the difference and very few people ever target the right products and they end up not making much money. Essentially there are two approaches: you can either sell a lot of products for a small profit or you can sell fewer products, but with a bigger profit margin. With the increase in online sales, combined with a renewed interest in Ebay, finding the best products to sell on Ebay need not be such an arduous task.
Regardless of which approach you chose to follow, you need to ensure that there is a demand for what you want to sell. Trading is all about demand and supply. With a high demand and a low supply prices tend to be high as the perceived value of an item is high. If the supply was to increase the prices will fall as the perceived value will be lower. When it comes to finding the best products to sell on Ebay, gauging the supply and demand chain is a vital step in determining the perceived value of a product. When it comes to highly sought after items like tickets to the Pink Floyd reunion concert, the demand can become so high that prices skyrocket. This is where Ebay is incredibly powerful and popular.
The first step then to find the best products to sell on Ebay, is look for the demand - what are people looking for online and what are they willing to spend money on? Head over to Amazon.comand select any category. On the right hand side you will see the ten most popular items and if you like you can even have all the products in that category displayed by popularity. This will give you a good idea of what people are actually buying online.
Next you need to head over to Ebay Pulse (www.pulse.ebay.com) to see what's most popular on Ebay. Select the same category as you did in Amazon and look for matches. What you are looking for is to see whether people are buying the same popular products on Ebay. Most of the time you will see at least three to five matches. You can do more demand research by heading over to other shopping sites, but for now we can be pretty certain that there is a demand on our three to five product possibilities.
Next, we need to check the supply. For this we will pretend to be a shopper on Ebay. Start by doing a wide search on Ebay and take note of what's on offer. If you found Pink PSP Console to be your hot product, start your search with PSP and then narrow it down. Of special interest would be the going rate, the amount of products on offer and whether they are Ebay shops or just private resellers. Private sellers usually pose little threat to you as they only sell one product at a time and they tend to sell used, damaged or one-off products.
Note down all those products being sold by Ebay store owners and check their item price, their shipping costs and their overall presentation and guarantees. We need to beat at least one of these and not just offer the same thing.
The real question then is can we find the same products for a good price? Head over to SaleHoo and search for the product from the wholesale suppliers listings. Compare these prices to the prices of the store owners - can you beat them on price? Can you at least offer the same price and try and beat them on the presentation or shipping?
As you can see this process is pretty quick, but will save you a lot of money in the end. In an hour you can probably research ten items and find five good ones to sell. There are just so many products out there and if something doesn't match the above mentioned criteria, just move onto the next one.
Finding the best products to sell on Ebay is not rocket science. By following the simple principle of supply and demand you can uncover those hidden gems, but you have to go and look for them. Don't just assume that a product is popular and that it will do well on Ebay. This can be a costly mistake. Do the groundwork and success on Ebay will be yours.
About the Author
Article by Deon Du Plessis
To learn more about wholesale products and where to find the best deals, go to Sincere Advice For Auction Success to learn more about where to find the best wholesale products that you can resell on Ebay.
Ebay: Make Money Selling Other People's Stuff
by Deon Du Plessis
Contrary to popular belief, selling is the oldest profession in the world. Selling is also the most lucrative profession in the world and from the earliest days some of the wealthiest people have always been involved in selling. With the internet, selling once again took on a new dimension and what once started as the information super highway, soon became a global market place. Of all the many success stories, none can match Ebay and as the world biggest marketplace it dominates a huge part of the internet shopping market. On Ebay, you can make money selling virtually anything.
When Ebay first started it was predominantly an auction site where people could 'flog' their unwanted goods. Today, Ebay is the largest online 'shopping mall' and you can find stores on Ebay selling virtually anything you can think of. The sheer exposure that Ebay offers worldwide it truly impressive and if you want to tap into the potential of the world's oldest and most lucrative profession, then Ebay might just be the answer for you.
There are several ways to make money selling on Ebay, and if you are serious about making some decent cash, then starting your own store is probably your best option. The real challenge with this however is the sheer amount administration involved with running your own successful store. Customers, shipping, inventory, payments, refunds...can soon turn into a nightmare.
There is a way around this though. One of the most revolutionary ideas that the internet popularized in the world of selling is affiliateship. Ever since Amazon started their affiliate program they exploded in size and by paying affiliates commission for referred sales, they made less money on every sale but they multiplied their sales by a couple of million. Selling on the internet is a numbers game and this is where being an affiliate comes in - the key is in making small amounts per sale, but making many of them. The sheer amount of people on the internet makes this very possible - regardless of what you are selling.
So what has this got to do with making money selling on Ebay? Through Ebay's affiliate program it means that you can make money selling other people's stuff and by only earning an affiliate commission you can 'sell' without selling. By opening your own affiliate store you can list other people's products in your store and only refer your customers to the appropriate store. If the referral results in a sale, bang! - you earn a commission.
Although the profit margins are much lower than having your own store and making direct sales, it requires a lot less work and comes with a lot less hassle. An affiliate Ebay store requires no inventory, no customer relations, no shipping hassles and no real maintenance. In fact, it requires very little time or money to get going and it might be one of the lowest entry levels for any business opportunity on the internet.
Having an affiliate store really brings a whole new dimension to selling and making money with Ebay. Without all the usual hassles of running a store you can let other people do the hard work and you still take your cut. It's easy, carries very low risk and even if you fail dismally you won't loose much. On Ebay, making money selling other people' stuff can be the answer to starting your own lucrative online business
About the Author
Article by Sincere-Advice.com
To learn more about making money selling on Ebay visit Sincere Advice For Affiliates for more information on starting your own affiliate Ebay store.
Contrary to popular belief, selling is the oldest profession in the world. Selling is also the most lucrative profession in the world and from the earliest days some of the wealthiest people have always been involved in selling. With the internet, selling once again took on a new dimension and what once started as the information super highway, soon became a global market place. Of all the many success stories, none can match Ebay and as the world biggest marketplace it dominates a huge part of the internet shopping market. On Ebay, you can make money selling virtually anything.
When Ebay first started it was predominantly an auction site where people could 'flog' their unwanted goods. Today, Ebay is the largest online 'shopping mall' and you can find stores on Ebay selling virtually anything you can think of. The sheer exposure that Ebay offers worldwide it truly impressive and if you want to tap into the potential of the world's oldest and most lucrative profession, then Ebay might just be the answer for you.
There are several ways to make money selling on Ebay, and if you are serious about making some decent cash, then starting your own store is probably your best option. The real challenge with this however is the sheer amount administration involved with running your own successful store. Customers, shipping, inventory, payments, refunds...can soon turn into a nightmare.
There is a way around this though. One of the most revolutionary ideas that the internet popularized in the world of selling is affiliateship. Ever since Amazon started their affiliate program they exploded in size and by paying affiliates commission for referred sales, they made less money on every sale but they multiplied their sales by a couple of million. Selling on the internet is a numbers game and this is where being an affiliate comes in - the key is in making small amounts per sale, but making many of them. The sheer amount of people on the internet makes this very possible - regardless of what you are selling.
So what has this got to do with making money selling on Ebay? Through Ebay's affiliate program it means that you can make money selling other people's stuff and by only earning an affiliate commission you can 'sell' without selling. By opening your own affiliate store you can list other people's products in your store and only refer your customers to the appropriate store. If the referral results in a sale, bang! - you earn a commission.
Although the profit margins are much lower than having your own store and making direct sales, it requires a lot less work and comes with a lot less hassle. An affiliate Ebay store requires no inventory, no customer relations, no shipping hassles and no real maintenance. In fact, it requires very little time or money to get going and it might be one of the lowest entry levels for any business opportunity on the internet.
Having an affiliate store really brings a whole new dimension to selling and making money with Ebay. Without all the usual hassles of running a store you can let other people do the hard work and you still take your cut. It's easy, carries very low risk and even if you fail dismally you won't loose much. On Ebay, making money selling other people' stuff can be the answer to starting your own lucrative online business
About the Author
Article by Sincere-Advice.com
To learn more about making money selling on Ebay visit Sincere Advice For Affiliates for more information on starting your own affiliate Ebay store.
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About Me
- Wayne Tully
- I am an Artist and Freelance Illustrator and I draw horror illustrations mainly. I've done some professional work for Topps sketch cards including Star Wars and The Walking Dead and I draw every single day.