Archive for the ‘Auctions’ Category

10 Great Ways To Source Low Cost Products For Ebay

Wednesday, April 14th, 2010

So you're having trouble finding stock cheaply enough to sell it for a good profit? Well, you've come to the right place.

Garage sales. The chances are you've gone most of your life seeing ads for these and ignoring them. Start going to as many as you can. You won't find good things at every one, but when you find one person with good stuff, make them an offer for the lot - they'll be so happy about it that you can get a real bargain.

Markets. If your area has a market, then go there and look around for anything good. You could buy it there if it's cheap enough, or try to make friends with the market traders and find out who their suppliers are.

Pawn shops. Pawn shops don't usually know what to do with the junk they accumulate (unless it's jewellery, of course). Generally, they put their stock out on the shelves haphazardly, hoping that someday someone with a little money will just happen to come in, search around and buy wildly obscure things. Get them to offer you a discount for bulk.

Real auctions. Go to a real auction, as the chances are that you can resell things for more than they will sell them. After all, they only have a few hundred people in that room - you have a few million to sell to!

Local newspapers. Place an ad in the local paper that reads "I pay cash for [your item type]", with your phone number. If you can afford it, make it a big display ad, so it'll be noticed.

Ad boards. Get one of those little ads in the grocery store.

Friends. Ask your friends if they have anything they'd like to sell you, and ask them to spread the word to their friends.

Become known. Give out business cards, mention to people what you do. The chances are that you'll come across someone who'll say "Oh, really? I've got a load of [item] I don't want".

Shops. This might be a little surprising, but some real shops even sell things more cheaply than they sell on eBay. Take a look around your local deep discounter, and pay special attention to any shop that takes trade-ins from customers. The chances are they take a loss on trade-ins as a promotion, and are dying to get rid of that stock.

And finally: eBay! When you're looking at the completed items view, you'll notice the massive range of prices that items can sell for on eBay. Try taking the highest-priced item and searching for it on its own, then sort by lowest price first: I can almost guarantee that you'll see an auction for the same item where it sold for almost nothing. The trick is to find these flawed auctions before they close, win them using a bid sniping service, and then turn around and resell the item.

After all that trouble, though, when do sell the item you might find that a buyer leaves you a feedback rating you just don't think is fair. The next email will show you what to do about it.

Lastly, if you want to make some serious money on eBay, check out this ebook "eBay Inside Out". It has changed my life by simply following the system exactly. I'm now a Platinum eBay Powerseller selling fulltime on eBay, making average $50k of sales every month, you too can make it!

Double Your eBay Sales In 30 Days

Wednesday, April 14th, 2010

First, and as important to your success as anything you learn here, is clearly understanding how eBay users find things to spend their money on.

No matter what type of buyer they are, no matter where they come from, they all use the same tool to find auction ads;

"They use the search bar to type in general terms..!"

Very rarely do buyers check the "Search Title and Description" checkbox and start browsing the more specific results. Heck; the checkbox isn't even an option on the front page of eBay, you actually have to do an "Advanced Search" to even have that option. This just confirms the importance of your title keywords.

Some do browse categories rather than search, but we're mainly concerned with general majorities here, not exceptions to the rule.

In case you're unaware, this means that most searches are ONLY CHECKING YOUR TITLE, not the words in the description area of your ad!!!

Experience tells me that, since you now know this, you are actually way ahead of 70% of the other eBay sellers out there; and that's a very conservative estimate..!

Now that you have a clear understanding of the importance of your title keywords, here's a priority list for precisely picking the right ones for each of your ads:

Take these rules literally, but understand that each of these will not apply to every ad that you run. You have a maximum of 55 characters allowed for your title and just try your best to achieve as many of these as possible in this limited space.

1. Obvious keywords that are specific to the product you're selling and make sure that they are spelled correctly.

2. One or Two misspellings of the obvious keywords from the last rule. (Google says that 33% of all searches are misspelled) ...CATCH THAT? One Third! Don't Forget This Part.

3. One or Two general eBay keywords such as "nr", "n/r", "no reserve", "free shipping", or "lot". These are keywords that a lot of pro buyers search for.

4. Other general keywords like "new", "free", "excellent", "pc", "usb", "dvd", "wholesale", or "supplies". You can only use ones that are relevant to the product you're selling, but these are very powerful.

Now, take these rules and create a list on a piece of paper each time you're about to list an ad. Usually the list is way too big to fit into the title. Once your list is done, start narrowing down the list using the priority structure that I just gave you until they do fit into the 55 character limit.

If you have more than one of the item to sell and intend to list multiple copies of your ad, be certain to take the time to create different titles for each one!!! If you don't, and you just use the same title for each copy; you're just wasting money. Multiple versions of the same ad with different titles for each can really increase your traffic.

If you want to make a serious money on eBay without carrying any inventory or handle packing & shipping yourself, check out this ebook "eBay Inside Out" that have completely changed my life selling on eBay. I follow exactly the system & now making average $50k of sales every month, you can too!

Can You Still Make Money On eBay… When The Economy Is Down?

Monday, April 12th, 2010

Everywhere you turn people are saying the economy is going down. The outlook doesn't look good, given that unemployment numbers are as low as they have been in years. In these tough times, many people wonder if eBay and other online venues are struggling as well. Is there still room for individuals to create a home-based eBay business?

To put it simply, the answer is yes. Even in tough times there are always great opportunities to make money. Historians have said that more wealth was created during the great depression than any other time in history. It may have been a bit harder, but the opportunity is always there.

People ask if eBay is still a good platform to sell on. eBay has come a long way in the past 10 years and its greatest strength has always been the millions of customers that are coming to eBay - with over 2 million people visiting every day!

Most people shop on eBay because they are looking for a bargain. In tough economic times, it seems more and more people are looking for bargains than ever before. Having such a growing customer base allows people like you and me the opportunity for our products to be seen and purchased even faster than before.

Another great advantage to selling on eBay in tough economic times is how flexible the platform is. For example, if you had a brick and mortar retail store, you'd have to pay rent and many other overhead costs to stay in business. Not so with eBay. With eBay, your overhead is low and the majority of your fees only occur after you sell an item.

As well, you can switch up your products at any time, without having to change your marketing campaigns. You can sell webcams one week and the next week decide to sell golf clubs with no problem. eBay sellers are able to move faster and take advantage of opportunities before retailers even know about them because eBayers are more flexible.

Also when selling on eBay, you can research what things are selling well, and know what the marketplace is doing before you enter it. This gives anyone the opportunity to know their profit margins before even purchasing inventory!

Jesse Holmes is an eBay PowerSeller who has been making money on eBay for more than 3 years. Before you start to sell on eBay, make sure you check out his excellent free eBay Business Start Up Kit, showing you step by step how to learn to sell on eBay.