Mis-cellaneous
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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?
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An Introduction To Selling on eBay for Profit
It doesn't take a genius to make money on eBay, nor does it require you to have any specialized computer knowledge. You don't even need to be a skilled entrepreneur, because eBay does most of the work for you. With over 1.5 billion page views per month and more than 1000 categories, they bring customers TO YOU and save you enormous advertising costs.
Your job, therefore, is to make a successful sales pitch to the customers who see your auctions, and doing that isn't as easy as you might think. You will be competing with more than two million other eBay sellers, many of whom are veterans at online marketing and highly knowledgeable in the niche markets found on Ebay. So how do you compete with them? The answer is simple: INFORMATION!
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Checklist for starting a business
Use this comprehensive checklist to plan each step of your new business and transform your dream of entrepreneurship into reality. These steps may not necessarily be completed in the order listed; however, you can use them as a guideline for completing all of the necessary business startup tasks.
- Determine what kind of business you want to start.
- Learn about the industry for your business.
- Analyze the market for your business.
- Study your competition.
- Educate yourself on running a business.
- Join trade associations.
- Name your business.
- Perform a trademark search.
- Register a domain name.
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20 Small Business Tips, For Success
These are just some general tips to keep in mind as you design/operate your small business:
1. Take the time out to explore and understand whether or not you are compatible with running our own business. Some people are just plain happier and better off financially on the other end of the paycheck.
2.Get your personal finances in order. Before you jump into the entrepreneurship world, get your own money matters squared away.
3. Pick your niche. Many small business owners succeed in businesses that are hardly unique or innovative. Take stock of your skills, interests, and employment history to select the business that is best suited for you.
4. Benefit from your business plan. The exercise of creating a business plan is what pays the dividends. Answer the tough questions now before the meter starts running.
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