10 Steps to Successful Selling on eBay.
So you want to be a successful seller with your own eBay business, do you? Here's a simple, ten-step path to eBay enlightenment.
Step 1: Identify your market. Take a while to sit and watch for what sells and what doesn't out of the items you're interested in. Any market research data you can collect will be very useful to you later on. You'll probably see the 'sweet spots' quite quickly - those one or two items that always seem to sell for a good price.
Step 2: Watch the competition. Before you invest any money, see what the other sellers in your category are up to, and what their strategies are. Pay special attention to any flaws their auctions might have, because this is where you can move in and beat them at their own game.
Step 3: Find a product: Get hold of a supplier for whatever it is you want to sell, and see what the best rates you can get are - don't be afraid to ring round quite a few to get the best deal. If the eBay prices you've seen are higher than the supplier's, then you're set.
Step 4: Start small: Don't throw thousands at your idea straight away - get started slowly, see what works and what doesn't, and learn as you go. Remember that it's very cheap to try out even the craziest ideas on eBay, and who knows, they might just work!
Step 5: Test and repeat. Keep trying different strategies until you find something that works, and then don't be ashamed to keep doing it, again and again. The chances are that you've just found a good niche.
Step 6: Work out a business plan: A business plan doesn't need to be anything formal, just a few pages that outline the market opportunity you've spotted, your strategy, strengths and weaknesses of the plan and a brief budget. This is more for you than it is for anyone else.
Step 7: Invest and expand: This is the time to throw money at the problem. Buy inventory, and start spending more time on your business. Set a goal number of sales each week, increasing it each time.
Step 8: Make it official: Once you've made a few thousand dollars worth of sales, you should really register yourself as a business. Don't worry, it's not expensive or hard to do - a lawyer is the best person to help you through the process.
Step 9: Automate: You'll probably find that you're writing the same things again and again in emails or item descriptions. This is the time to give up on the manual method and turn to automated software that can create listings for you, and respond to completed auctions and payments with whatever message you provide.
Step 10: Never give up: Even when it looks like it's all going wrong, don't stop trying until you succeed. If you keep working at it then you'll almost always find that you make a real breakthrough just when things are starting to look desperate.
Once you get into the swing of things, you might start thinking that you should quit your job and take up eBay selling part time. But it's not always as easy as that - there are all sorts of factors that you need to consider. The next email will weigh up the case for and against taking up eBay full-time.
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So you want to be a successful seller with your own eBay business, do you? Here's a simple, ten-step path to eBay enlightenment.
Step 1: Identify your market. Take a while to sit and watch for what sells and what doesn't out of the items you're interested in. Any market research data you can collect will be very useful to you later on. You'll probably see the 'sweet spots' quite quickly - those one or two items that always seem to sell for a good price.
Step 2: Watch the competition. Before you invest any money, see what the other sellers in your category are up to, and what their strategies are. Pay special attention to any flaws their auctions might have, because this is where you can move in and beat them at their own game.
Step 3: Find a product: Get hold of a supplier for whatever it is you want to sell, and see what the best rates you can get are - don't be afraid to ring round quite a few to get the best deal. If the eBay prices you've seen are higher than the supplier's, then you're set.
Step 4: Start small: Don't throw thousands at your idea straight away - get started slowly, see what works and what doesn't, and learn as you go. Remember that it's very cheap to try out even the craziest ideas on eBay, and who knows, they might just work!
Step 5: Test and repeat. Keep trying different strategies until you find something that works, and then don't be ashamed to keep doing it, again and again. The chances are that you've just found a good niche.
Step 6: Work out a business plan: A business plan doesn't need to be anything formal, just a few pages that outline the market opportunity you've spotted, your strategy, strengths and weaknesses of the plan and a brief budget. This is more for you than it is for anyone else.
Step 7: Invest and expand: This is the time to throw money at the problem. Buy inventory, and start spending more time on your business. Set a goal number of sales each week, increasing it each time.
Step 8: Make it official: Once you've made a few thousand dollars worth of sales, you should really register yourself as a business. Don't worry, it's not expensive or hard to do - a lawyer is the best person to help you through the process.
Step 9: Automate: You'll probably find that you're writing the same things again and again in emails or item descriptions. This is the time to give up on the manual method and turn to automated software that can create listings for you, and respond to completed auctions and payments with whatever message you provide.
Step 10: Never give up: Even when it looks like it's all going wrong, don't stop trying until you succeed. If you keep working at it then you'll almost always find that you make a real breakthrough just when things are starting to look desperate.
Once you get into the swing of things, you might start thinking that you should quit your job and take up eBay selling part time. But it's not always as easy as that - there are all sorts of factors that you need to consider. The next email will weigh up the case for and against taking up eBay full-time.
Links:
how to recover memory card is efficient memory card recovery software, which occupies essential place in card recovery market. Compared with other card recovery software, how to recover memory card is able to recover deleted card easier and more effective. This software presents their customers an easy-to-use interface. Even though the users are a computer novice, they can undelete the formatted memory card with how to recover memory card. kingston card recovery also provides a detail introduction of how to restore a card. Moreover, it is to be observed that this program is capable of recovering lost photos, retrieving formatted data and restoring deleted files. It also has the ability of retrieving large video and audio files.
Java Script error fix is professional computer software which is famous for fixing javascript error. Java Script error fix can help you delete the pop-up java script errors and keep your computer in good condition. It's observed that Java Script error fix provides a humanity and easy-to-use interface to people. JavaScript errors are denoted by a small yellow icon in your Internet Explorer browser. When you double-click the icon, the browser displays the errors. Errors occur when there is syntax mistakes in the code, or when the user has scripts blocked on the browser. And in this situation, How to fix Java Script error will play an important role. Java Script error fix is a top-ranking error-resolution registry cleaner which will fix the computer errors and optimize the system settings. This program can not only fix javascript errors, but also solve almost all kinds of computer problems. How to fix Java Script error is a powerful tool which can fix 50+ common system errors, and repair dll problems, winsock, file association and ActiveX problems.
how to speed up pc is a well-known tool to clean windows installer problems. The Windows Installer is applied for installing program on your windows system. If you encounter a window installer error, you can update it through windows update. Luckily, how to speed up pc is able to update windows and fix variety of installer errors. With speed up pc, all kinds of windows installer error can be fixed in a few minutes. Besides fixing windows installer errors, new version speed up pc has updated some amazing functions. It is a powerful tool set which can fix 50+ common system problems, and repair dll problems, winsock, and file association and ActiveX errors.
PC Drivers Download Utility claims to make it easy for you to keep the drivers on your system up-to-date. PC Drivers Download Utility can help you fix driver problems to keep your computer in a healthy state in just a few minutes! The quicker you get it, the sooner your driver issues will be gone. PC Drivers Utility will help you update the old drivers with the updated drivers for your computer and increase the ease at which you can run the latest CPU-intensive software such as games. PC Drivers Utility will boost your PC and maximize your PC performance. Based on a huge and comprehensive database of more than 5,000,000 lastest driver entries, PC Drivers Utility supports drivers for almost all major computer hardware and device manufacturers such as Dell, HP, Lenovo, Samsung, ASUS, Nvidia, Intel, Brother, EPSON, Compaq, Gateway, and so on.
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