Tuesday, November 24, 2009

Is Making Money On eBay Dead? eBay Bans Digital Products

By Jason James

Since eBay banned the sale of digital products in their auctions, many marketers have abandoned eBay as a source of income. Changes of terms and conditions, and ever increasing fee charges, have had a similar effect too. However, those willing to stick with eBay are finding that it is still quite possible to make money on eBay.

Smart sellers found that while the direct sale of digital products was no longer possible, there is a way to work around it. To get around this problem, they simply transfer one or more digital products on to a CD and DVD and mail it to customers. In addition to having gotten around the ban on digital products, sellers were able to capitalize on the fact that physical products have a greater perceived value than digital products.

Taking this approach need not be a lot of hassle either, as you can use a fulfillment company to package, label and ship every CD and DVD that you sell. These companies will basically package your CD or DVD up with a cover that you provide, and they'll ship it out to your customers for a flat fee. For each disc that you sell, you could easily make a few dollars in profit.

If you want to get creative, you could add bonuses or upsells onto the disc that your customers are getting. Adding unannounced bonuses will create value and make your customer happy. You could try sending them to a website where they could buy additional products from you. Better yet, you could send them to a squeeze page where, upon completing an opt-in form, they would enter your email list.

Another way of making money on eBay is to enter the dropshipping business. It works like affiliate marketing in that rather than selling products that you physically stock, you instead sell products that belong to someone else. It can be tricky to find a reliable dropshipping company, but once you do, the selling process is easy. You simply list one of the dropshipper's products on eBay and, when it sells, submit an order to the dropshipper for that product, providing them with the customers details as you do so.

You can virtually sell anything through a dropshipping company on eBay. From the latest high end gadgets, to fitness equipment, to cell phone accessories, you will be sure to find a number of products that the market is desperate to buy. Since you are paid a cut of each sale, selling larger items would give you a larger profit margin. However, smaller items are more in demand, so you will probably sell more of them.

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Saturday, November 14, 2009

5 Easy Steps for Creating an eBay Business

By Gus Dean

You can generate a solid and steady income stream on this multi-million dollar online auction site through the buying and selling of products. If you are thinking about creating a new eBay business, you will want to start with the following 5 steps:

Step #1 is to register yourself as a new user on eBay. After you register, you can then watch the multiple tutorials that this site offers. There is also alot of tips and advice offered by current eBay business owners. And, there are help pages available for you to reference so that you can be guided through the site.

Step # 2 - Begin to familiarize yourself with the buying and selling processes by searching for various items listed. For example, if you are focusing on selling vintage stamps, you will want to get a feel for the items currently sold within this category, the listed prices for various items and the types of listings shown. Each of these bits of research will help you to formulate your plan of attack on the site.

Step #3 - Decide what you are going to sell using your own marketing concepts along with your passion or expertise in a given area. For example, if you are not an avid book lover, focusing your business in this niche is not advised. What sells best on eBay? Well, if we knew the answer to that question, we would all be millionaires. Most of the powersellers offer a variety of products across several niches. The success that you will achieve is largely dependent upon the competitiveness of the niche you have chosen, how you have priced your products to sell and your required profit margin (taking into account your acquisition expenses and your selling expenses). You may have to work through several niches and the trial and error process before figuring out the overall plan that works best for you.

Step # 4 is the use of listing tools. You can download free software from eBay that will help you manage the listing on your products. Turbo listor is one of the most popular on eBay but there are many others that you can research. Basically these programs will allow you to create templates that you can use to list, sell and ship your products.

Step #5 - Begin to list and experiment with given pricing strategies to see what works for your given product niche. When you list products, be sure to include your preferred payment terms (Paypal, check, money orders, etc.), shipping and handling charges, estimated shipping time, your return policy, your contact information and as your business grows, you may want to include answers to frequently asked questions to make it easier for browsers to shop within your eBay store or within your listed eBay products. And most importantly, include multiple pictures of your products from all relevant angles to show the bidders exactly what they will be receiving.

Once you have completed these 5 basic steps, you can begin to expand your eBay business strategy. Be patient- as with any new business, working through a new eBay business will require time.

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Friday, November 13, 2009

eBay Seller Tips: Save Money On Photo Listing Fees

By Todd Manter

There are a many eBay buyers who will not buy an item on eBay if they haven't seen a picture. In fact, many eBay buyers like to see more than one picture. The only problem with this is that posting a number of pictures on eBay can get expensive, especially overtime. However, there is a way that you can give your potential customers what they want, more pictures, without having to go broke while doing so. For more eBay selling advice go to this Ebay Selling Tips Website.

If you are looking for a way to have multiple pictures appear in your eBay auction listings, but you are urged to examine websites that are known as photo sharing sites, if you haven't already done so. There are a large number of internet users who use photo sharing sites to upload and share pictures with friends and family members over the internet, but many internet users are also starting to use photo sharing websites to help combat their eBay seller fees, particularly the fees associated with having multiple pictures in an eBay auction.

If you are interested in giving photo sharing websites a try, to help you save money when selling on eBay, you will need to find a photo sharing website to use. To find a number of photo sharing websites, you may want to perform a standard internet search. Your standard internet search results will likely include PhotoBucket, which is a free, well-known photo sharing website. Of course, you can use just about any photo sharing website you want, but you are advised to look into PhotoBucket, as it is free and easy to use.

Speaking of using PhotoBucket and many other online photo sharing websites, you will need to create an account. You should be required to fill out a small form, which may request a little bit of information about yourself, like your full name or your email address. Once you have that finished, you should be able to use the photo sharing website in question, whether it be PhotoBucket or not, to help you start saving money.

When using a photo sharing site, you will see that different sites have different instructions that need to be followed, but the first step will be taking pictures of your eBay items. Then you will need to upload them to your computer and then follow the photo sharing website's instructions on how to upload your photos to their site. In most cases, this is a relatively simple process, which tends to involve selecting a few pictures from your computer's hard drive and then hitting an upload button.

Once your pictures have been uploaded, you should see thumbnails or smaller versions of them. With PhotoBucket there are little boxes underneath each thumbnail that can be used to select the picture or pictures of you choice. You will want to select all of the pictures that you want listed in a particular eBay listing. Then, you should be able to find a link that allows you to generate an HTML code. This will lead you to another page with a lot of information on it, particularly HTML links. Many photo sharing websites outright tell you which HTML code links you should use for eBay. Copy the code and paste it in the description of your eBay auction listings and you are good to go; your pictures should appear.

Using a photo sharing site is optional, but it is definitely something to look into. As an eBay seller, you want to profit as much as you can and this also involves eliminating unnecessary expenses.

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Thursday, November 5, 2009

Top Sellers On Ebay - Improvements I Can Make To My Business To Become One

By Noelline D Lowery

The elements of a successful eBay business is not that different from any business - excellent customer service, strong marketing and advertising strategies, and good financial management. To achieve all these and become top eBay sellers, follow the tips below:

Build a good Feedback Rating : Do this all ways first, as a buyer then as a seller. It is usually recommended that you make many purchases yourself before you start selling on the internet. Build a great buyer's feedback rating by sending payment quickly. As fast as you have made a good buyer's reputation, you can now become a seller.

For top eBay sellers, ensuring 100% customer satisfaction is their daily target. You can achieve this in many ways but some basic tips include answering questions about the product completely and patiently, communicating with the buyer clearly about payment and shipping, and offering a quick and convenient payment option such as PayPal.

Draw consumers with high quality footage : Image is everything when it comes to selling and particularly so when you're selling a product on the internet. Remember, the photograph you use will be the point of reference of possible customers so it is extraordinarily crucial that you take superb photographs. It doesn't mean though that top eBay sellers are pro photographers. Definitely , you don't need to be one. Just confirm your camera has decent resolution to supply clear photographs.

Do not use a flash when you take pictures because it throws unflattering light on your items. Shoot in an open area instead. Use a tripod to avoid blurry photos. Resize your photos and make sure they do not exceed 300 pixels so they will load quickly. Lastly, remember to use an accurate image of your item to avoid customer complaints and negative feedback that will ruin your credibility.

Work on Your Text : Aside from using fine quality pictures, top eBay sellers know the significance of the reports and item outlines. Be creative with the strap line to draw in the notice of buyers but make efforts to use searchable keywords, which essentially means you must include in your strap line the words that buyers use when hunting for the item that you're selling. Additionally, don't forget your adjectives. Use detailed words like amazing, pleasant, and unique but ensure they suit your items.

The item description is where your potential buyer should find out why they should buy your product so make sure to write about its features and benefits. Again, accuracy and honesty is very important. Do not make false claims because this will only ruin your business.

Understand the expenses of your business : Top eBay sellers remember all of the expenses associated with their lists, which would include the listing fee, selling fee, payment processing charges, and delivery charges. Tracking expenses is very important to any business and to make the task simpler, you can invest in accounting software to help stay in top of your business finances.

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Avoiding The Pitfalls Of Ebay

By R .Chandra

EBay has opened up a whole new world in terms of monetary gain and the elimination of household clutter. Time was that if you found that your house was simply getting too crowded, the day when the attic door just refused to open over your head or the garage was just too stuffed to fit your vehicle, you had no choice but to make a trip to the dump or await the summer garage sale season in order to get rid of some of the clutter.

All you need is an Internet connection and your junk could turn into someone else's treasure.Now you can eliminate the clutter around your house without the waste involved in a trip to the dump or the iffy prospects of selling at a garage sale.

At eBay, three million auctions close every single day, in every area conceivable.You might find it hard to believe, but the auction environment is such that that pile of old National Geographic magazines that you have might fetch close to their original value or even higher on the site. There are so many opportunities that some people have made a business out of becoming eBay Power Selling professionals, with some stores netting $1,000 a day.If the customer base is big enough, a seller will always be able to sell any item, no matter how obscure.

In your marketing and in avoiding common eBay pitfalls,you have to use the right approach. One great way to ensure sales is to purchase or borrow a digital camera to take pictures of your goods- items that have accompanying pictures are much more likely to sell, and at a higher price, than are ones that are placed without a visual aid. Buyers can see what the product is like, including the condition it is in, and thus the chance they are taking is much lower.

On the issue of non payment if a buyer who just refuses to pay, a simple task can become an arduous exercise in collections, and might even end up costing you money. In order to avoid a non-payment scenario, it is crucial to set up a payment option before you ship the goods. If the buyer refuses to pay you, all you have to do is relist the item and start another auction.

Pay Pal is a great way to receive money from the sale of goods immediately, and also incorporates a dispute resolution system in the event that the buyer or seller is unhappy with the outcome of the sale.This may avoid other eBay pitfalls like Bad checks, credit card fraud, international fraud, and credit card charge backs and so on.

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Monday, November 2, 2009

Becoming An eBay Power Seller


By R .Chandra

The power seller are people who have recognized the money making potential of eBay and brought it to a whole new level.But there are others who think of eBay as a place where they can change some of their old junk into cash, gaining some money from what otherwise might have ended up taking a trip to the dump.

Power sellers on eBay have various methods of going about turning a tidy profit. They may employ age old methods such as beachcombing in order to gain a large stockpile of inventory that they can then turn around and sell at the world's largest auction at a handsome profit. Power sellers may also offer to sell other people's goods on the eBay market place for a percentage of the profit or an up front fee. Regardless of their method, power sellers often find themselves making quite a bit of money simply by using the potential of the site to its fullest.

The professionals have learned the ins and outs of the eBay system, and most understand the best ways to sell products for top dollar.There are over 700,000 individuals who make this their full time job, with another million supplementing their income through more casual eBay sales. These

The fact that the professionals have been in the market for so long should not discourage any new entrepreneur from taking the same steps themselves. The fact is, eBay is so huge, with over 1.4 billion items listed in 2005 and three million auctions closing every day, that it could stand a lot more competition before the professional selling business became cut throat.

Many books have been written already about successfully and strategically creating auctions, including where to list certain items, what is hot, what is not, and how to go about finding buyers.These resources can assist a prospective eBay power seller in starting up their new venture.

As with any business, one of the keys to eBay is to keep your clients happy. EBay operates through feedback, and this feedback is essential both for buyers and sellers in order to retain and evaluate the legitimacy of the business or the offer. Unlike other bid sites, however, eBay also offers a regulated feedback system, in order that professionals do not take a hit to their bottom line because some disgruntled buyer ended up being unhappy with the final price they paid, or they felt that the seller was too pushy when it came to asking for payment.

EBay brings clients from around the world to your product, and it is just a matter of getting the word to them that you have something that they will need.For eBay power seller its a fun way to make some extra cash or even to earn a good full time income, without having to go out and invest in advertisements or finding a clientele.

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