Part One: Tips for Selling
on eBay®
" Get Part of the $90 Million that Changes
Hands Every Day."
Selling on eBay®
Each
and every day, an average of $90 million changes hands
through eBayŽ auctions. Every day, an estimated 2.5 million
people use eBayŽ to buy things they can not find in stores,
or to get rid of things they do not use any more in order
to make room in their house. But did you know that 450,000
eBayŽ run a full or part-time business from their homes?
Of course, there are the big product sellers, who auction
off things like real estate,new cars, or computers. However,
there are also normal people running eBayŽ business from
their homes, not only selling things that are no longer
needed around the house, but selling everyday consumer
goods, and making a full-time income from it.
The
secret of eBayŽ success is finding products to sell that
match your interests and lifestyle, locating a reliable
wholesale supplier, and mastering the system of putting
up auction pages on eBayŽ in order to keep your seller
fees to a minimum while maximizing your profits. Many people
think that in order to be a successful seller on eBayŽ,
you need to have tons of start-up capital and a lot of
storage space. This is simply not true, as many of the
best wholesale suppliers will drop ship for you. This means
that when the auction ends, you contact the wholesaler
and they ship directly to the auction winner for you. There
is no need to repackage the merchandise and make a trip
to the post office, and no need to store unsold merchandise.
However, you have to be careful when looking for drop shippers,
as some are unreliable and your reputation on eBayŽ will
suffer. Some companies that claim to be drop shippers are
actually middlemen, meaning that part of your profit margin
will go to someone else. The best, most reliable drop shippers
can be found through Salehoo or
the The
Ultimate eBay Dropship Power Pak!, which are discussed
below.
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While
eBayŽ is actually easy to learn and understand, in order
to be really successful selling on eBayŽ, there is a lot
you need to know and a lot of mistakes to avoid. The following
resources offer valuable advice and strategies for making
a successful home-based eBayŽ empire.
The
Ultimate eBay Dropship Power Pak!This
is a private, members-only website that offers an up-to-date
wholesale & drop shipper company database and directory.
It also includes a wide array of software, eBooks and
other information to help you set up an eBayŽ that
pulls in massive profits.
Salehoo– This
is a valuable resource that puts you in touch with the
best, cheapest, and most reliable wholesalers, many of
whom will do “drop shipping” for your eBayŽ auctions
and—most importantly—won’t run off with your money. Salehoo
give you access to many Chinese distributors that are
ready to send you drastically marked down items, as well
as electronic wholesale source for some of the most popular
items on eBayŽ. It is an investment that will quickly
pay for itself and the wholesalers they will introduce
you to really are cheaper and won’t scam you. Read more...
Example
Products
If you are selling on EBAY
or planning on it, the articles below are a MUST Read!
For More excellent Products
and Tips on selling on Ebay
Please hit the search Button
Below.
To search our resource directory,
please either click on a
category link or enter a keyword in our search box above.
Misspelled
eBayŽ Search System – This is a slightly
more advanced resource, but actually anyone can use it.
Basically, it is an automated system that helps you find
thousands of items on eBayŽ that have extremely low bids
simply because their titles are misspelled. You can snatch
up these goods for low prices and resell them with the
correct spelling to make a large profit. Read
more....
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Tips for
Selling on eBayŽ
-
The first thing
you should do is sign up an account with Paypal.com.
Once your account is set up, follow Paypal's instructions
to verify your address and account. This will help
build buyers' trust in you as a seller. Paypal will
help you easily accept payment from buyers as well
as pay wholesale suppliers securely.
- NEVER respond to an e-mail from
Paypal that asks you for your login information, or
asks you to follow a link to a login page. This is
a scam known as "phishing." A typical message
might include scare tactics such as "We have noted
an illegal login attempt to your account" or "You
have added a new e-mail address to your account." If
you follow the link, you will be directed to what LOOKS
like a Paypal login page, but your login information
will actually be sent to crooks, who will promptly
use your info to clear out your account. Paypal will
NEVER send you an e-mail asking for your login info.
If you receive a suspicious e-mail, you should forward
it to: spoof@paypal.com and they will reply to let
you know if it is authentic or not.
- Never respond to an e-mail from
eBay that asks for your login information. Some bogus
messages appear to be from interested buyers. For example: "Is
your product still for sale? Let me know!" or "I
sent payment 2 weeks ago! Where is my product!" Another
common message is: "Update your eBay information
within 48 hours, or your account will be suspended!" Again,
your login info will be forwarded to scammers who will
use your eBay ID to artificially drive up prices on
their own auctions. If you receive a suspicious e-mail,
forward it to spoof@ebay.com and they will let you
know if it is authentic. If you want to respond to
a question from a buyer, it is safer to login to your
eBay account, and go to the "My Messages" section,
and reply directly through eBay.
- When buying from a wholesale supplier,
ALWAYS pay through a credit card, or Paypal. NEVER
pay for products through Western Union. Many Western
Union clerks do not require ID for the seller to pick
up the money. It is too easy for a wholesaler to collect
the money and not send your order. If a wholesaler
insists on Western Union, simply look for another supplier.
- If you pay a wholesaler through
an escrow service, use only escrow.com. If a wholesaler
insists on another escrow service, simply look for
another supplier.
- Before buying from a wholesale supplier,
be sure to check eBay for similar items and calculate
if you can sell for a competitive price and also get
a profit.
- Create e-mail template message to
communicate with buyers. You should make at least three
messages: one for when you receive payment, one for
when you send the order, and one to send approximately
two weeks later, to check if everything is OK. Good
communications are essential in building good feedback
ratings.
- Feedback is very important. Always
leave positive feedback for buyers as soon as payment
clears. If a buyer has not left positive feedback by
two weeks after the close of the auction, send a follow
up e-mail. Be very careful about leaving neutral or
negative feedback. Even if you have a valid reason
for leaving negative feedback,once you leave negative
feedback, the buyer is likely to retaliate with negative
feedback, harming your reputation. Instead, use eBay's "Send
an invoice to buyer" or "Report an unpaid
item" functions.
- Get additional information on selling
on eBay: Salehoo has
a free 6-day e-mail course on importing wholesale goods. Auction
Revolution also has an online quiz and
e-mail course to help you sharpen your eBay skills.
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