How to sell 20 000 per month on ebay selling at wholesale prices

Copyright 2006 Cube 17, Inc. First of all let me tell you selling on eBay is easy, but it takes time or money. eBay has fees that you have to pay and if you want to grow quickly you will spend a lot on fees while you are learning. My wife had an eBay business and she was a Gold Power Seller selling more than $20,000 per month. She sold mostly watches, lots and lots of watches. She sold them wholesale, by the dozen or by the case, 30 to 60 at a time. They were inexpensive watches; we paid from $2.50 to $4.00 for each one and sold them from $3.50 to $12.00 depending on the quantity purchased. All of the techniques and suppliers we used are included in my eBook or in my exclusive newsletters you get as a free bonus when you buy my eBook. When selling on eBay there are several tricks. Let me tell you the 3 tricks I think are the most important. Trick #1: Build your reviews. Your reviews are your lifeline on eBay. You need to build your reviews so people trust you and want to do business with you. If they don’t trust you, you won’t sell anything on eBay. When you start you will have to offer good deals, free shipping or great communication. I always encouraged people to call me on the phone and ask questions by posting my phone in every listing. I didn’t get a lot of calls but I did get a lot of reviews. Trick #2: Make big margins. You need those margins. You can’t buy something for $10 and sell it at $12, not even at $15. The listing fees alone will eat you. Remember, you have to pay a listing fee, you have to pay a fee if you sell the product and on top of that you pay PayPal when you collect the money. You could easily pay up to 10% or more of your selling price. This could be your entire profit. If you use any special listings to showcase your product you could be looking at $20 extra per listing category. So again, don’t try to make it on volume, try to make it on big margins. The best things to sell are either unique items or collectibles, name brand items that people are looking for like iPods, or hard to find items or imports. Trick #3: Make more money on shipping. When my wife sold on eBay about 80% of our profit was made from shipping charges. We kept our product prices low so they attract the buyer and charged a bit more on shipping. People understood and they always got a great deal. For us it was a no brainer. eBay does not charge you any fees on your shipping charges, just on the selling prices. The funny thing is we only sold wholesale on eBay. And it seemed we were the only ones really selling wholesale. Most people selling at “wholesale prices” were selling at about 3 times what we could get any of their items. Many of our customers had eBay stores, others had convenience stores or gift stores, many of them had other businesses and wanted giveaways for their customers. This is only a small example of what you can do with Wholesale Distribution. And believe me, it’s not the most profitable one or the easiest to start. In my eBook you will find cheaper, faster ways of getting started in wholesale distribution and make even more money than what I made on eBay. I made much more from my other wholesale distribution businesses than what I made on eBay and I worked less too.

Are there any ebay secrets that are worth buying

If you look around a little on the web, you’ll no doubt come across people trying to sell you ebooks about eBay’s ‘secrets’ for as much as $20. Here’s a sample: “Along with 400,000 other excited eBay fanatics I now make a living using the Internet and eBay. I can go days without ever speaking to a single customer, but I have a world wide customer base. My online business runs like a well oiled machine with a part-time effort!” You too can get such valuable tips as: “All you need to do is write a list of questions other people would pay to get the answers to, give that list to a friend, have the friend call you on the phone and ask you those questions, record the call, have the recording transcribed, and edit the transcription! Presto - you've just created a ‘meaty’ ebook fast!” So What Do These Books Contain? Don’t be deceived by the slick sales copy and promises of ‘automatic sales machines’ and unique sales strategies. Most of these ‘winning money-making strategies’ boil down to the same thing. Follow their advice, and you’ll be writing long, old-fashioned sales copy in an effort to sell shoddily-written downloadable ebooks to gullible souls, either directly through eBay or by trying to redirect people through your About Me page to your website. The theory is that the rubbish ebooks will sell themselves, and you won’t have to do a thing. Here’s a question to ask yourself: if these ‘secrets’ work so well, then why aren’t the ebooks authors spending every hour they have putting them into practice, instead of trying to sell you ebooks? If these secrets were so valuable, then why would they give them away for that price, or any price? Out of charity? Yeah, right. Here’s the reality: trying to sell ebooks on eBay or anywhere else is very likely to get you nowhere, and fast. The bottom fell out of the ebook market a long time ago – in fact, it’s doubtful whether it ever had a bottom to begin with. The ebooks are an effort to get to you sign up for all sorts of services, making money for the ebooks’ writers each time. In short, the only way to profit from ‘secrets of eBay’ ebooks is to be selling them, not buying them – and do you really want to become a con artist? If you’d like to take a look at one of these ebooks, try searching for the name and picking through results. The chances are you’ll find an excerpt or review – and if it’s not by someone trying to sell you the ebook then it won’t be a favourable view. The fact that most ebooks you buy for $20 come with unlimited resale rights should tip you off if nothing else does. It’s All Out There for Free. You can almost any information that someone might be trying to sell you in an ebook for free using a search engine, if you take the time. Ebooks aren’t worth the paper they’re not printed on. If you’d like a real way to make more money, look out for our next email: we’ll show you how and when to use eBay’s powerful ‘Second Chance Offer’ feature.

What s your ebay reputation really worth

Your eBay reputation is everything you are on eBay – without it, you’re nothing. Your reputation is worth as much as every sale you will ever make. If you’ve ever bought anything on eBay (and the chances are you have), then think about your own behaviour. Buying from a seller with a low feedback rating makes you feel a little nervous and insecure, while buying from a PowerSeller with their reputation in the thousands doesn’t require any thought or fear – it feels just like buying from a shop. A Bad Reputation Will Lose You Sales. In fact, a bad reputation will lose you almost all your sales. If someone leaves you negative feedback, you will feel the pain straight away, as that rating will go right at the top of your user page for everyone to see. Who’s going to want to do business with you when they’ve just read that you “took a month to deliver the item”, or that you had “bad communication and sent a damaged item”? The answer is no-one. Your next few items will need to be very cheap things, just to push that negative down the page. You might have to spend days or even weeks selling cheap stuff to get enough positive feedback to make anyone deal with you again. It’s even worse if you consistently let buyers leave negative feedback – once you get below 90% positive ratings, you might as well be invisible. You Can’t Just Open a New Account. Besides eBay’s rules about only having one account, there are far more downsides than that to getting a new account. You literally have to start all over again from scratch. You won’t be able to use all the different eBay features. Your existing customers won’t be able to find you any more. Your auctions will finish at a lower price because of your low feedback rating. Opening a new account is like moving to a new town to get away from a few people who are spreading rumours about you: it’s throwing out the baby with the bathwater. A Good Reputation Will Get You Sales. When a PowerSeller tells me something, I tend to believe them. They can be selling a pretty unlikely item, but if they guarantee it is what they say it is, then I trust them – they’re not going to risk their reputation, after all. This is the power of a reputation: people know you want to keep it, and they know you’ll go to almost any lengths to do so. This is true even to the point that I would sooner buy something for $20 from a seller I know I can trust than for $15 from someone with average feedback. It’s worth the extra money to feel like the seller knows what they’re doing, has all their systems in place and will get me the item quickly and efficiently. You really will find selling on eBay so much easier, and there’s only way to get a good reputation: make sure you please your customers every time. But some customers can be, well, just a little difficult to please. In the next email, we ask: is the eBay customer always right?