Get Yourself A Piece of The eBay Pie

Ebay is without a doubt the greatest internet marketing phenomenon of all time. Millions of people log on every minute and every second there are hundreds of items listed, sold and bought, and of course money is made. It has become the world's largest marketplace, where the potential for selling an item is exponentially increased due to the sheer volume of people who can view the item for sale.

The attraction Ebay holds for the most people is the possibility of selling or buying anonymously, and getting a great bargain. And for the first time ordinary people are making extraordinary incomes selling literally everything from beanie babies to diamond rings and cars. For those who venture out of their comfort zones into the cybermarket place, the following may com in handy as a guide to selling on Ebay:

A. RESEARCH WHAT IS LIKELY TO SELL, DON'T JUST SELL ANYHTING

Contrary to what you might think, not everything sells on Ebay. Your success on Ebay depends on selling what people want and need, and what they will pay for. You can find this out by browsing closed auctions of items you are interested in selling, see how many bids there were for the item and how high the bid price went. The more bids and the higher the closing price the more successful the auction.

B. ASSESS THE COMPETITION

It's no use selling an item that there are hundreds of thousands to choose from. Your chances of success will be severly diminished. The rarer the item and the fewer the number of people selling the same item the better your chances of making a sale. Find out how many similar items there are for sale by using the search feature on Ebay. Avoid items that are oversupplied and that everybody else is selling.

C. FIND THE CHEAPEST SOURCE OF THE ITEM

The best way to begin is by using a dropshipper. This is a wholesaler who will ship single items on your behalf to your customers and does not charge you a fee to do so. You don't have to keep inventory of the items you sell, and you order the item to be shipped to the buyer after you have sold it on Ebay, thereby reducing your risk to near zero. Remember the principle "Buy low and sell high" That is the key to maximizing your profits.

D. LEARN THE TRICKS OF THE TRADE

It is prudent to learn as much as you can about how Ebay works before you start, as there is more to it than meets the eye. There is no surer way to fail than to jump in without doing your homework well and believe me, it is work. If anyone says otherwise they're simply not telling the truth.

E. START WITH A SMALL MONTHLY BUDGET AND STICK TO IT

Don't spend more money that you can afford to lose. As with all businesses it takes time to tweak your skills to perfection. It is very easy to fall prey to internet sharks who promise fantastic returns in a short period of time. It simply does not work that way.

F. GIVE IT TIME

Forget about making a lot of money in a short time. It is slow tedious work,a ndmake some allowances for failure. Don't get discouraged. Find out what works and what does not work and improve yourself as you go along.

c. Michael Schandorf-Lartey 2004
http://www.amazingdealz.dropshipdesign.com

Michael Schandorf-Lartey is an internet entrepreneur, and operates a successful wholesale sourcing website that assists internet newcomers to launch their own Ebay businesses. He lives in Clermont, Florida with his wife and three children.

In The News:

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Aljazeera.com

Greeks continue protests against controversial property auctions ...
Aljazeera.com
Home auctions have been the source of anger and protest in Greece, where austerity continues to take its toll on many.

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Reuters
(Adds details, background) NEW YORK, April 23 (Reuters) - Foreign investors and central banks purchased fewer U.S. longer-dated Treasuries in early March, while they bought slightly more shorter-dated government debt, Treasury Department data released ...


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Iraqi News

Central Bank of Iraq Auctions $189478345 on 23 April 2018
Iraqi News
Baghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on April 23 registered $189,478,345 in sales, a 1.59% volume increase from the US $186,511,150 sold by Iraqi Dinar, credit and transfer at the previous auction held on April 22 ...


CNN

Michael Jackson's famous moonwalk shoes are going up for auction
CNN
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Michael Jackson's Moonwalk Loafers Are Going Up for AuctionComplex
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New York Post

Mickey Mantle baseball card sells for $2.8 million at auction
New York Post
A mint-condition Mickey Mantle baseball card sold for $2.88 million — the heftiest price ever paid at auction for a post-World War II card and the second-most paid for any baseball card. The card was sold Thursday by former NFL offensive lineman Evan ...
1952 Topps Mickey Mantle baseball card fetches record $2.88 million at auctionWFTV Orlando
1952 Mickey Mantle card by Topps sells for near-record $2.88MESPN
1952 Topps Mickey Mantle #311 PSA Mint 9.. ... Baseball | Lot #80477 | Heritage Auctions - Heritage Auctions - SportsHeritage Auctions - Sports
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Auto Remarketing

Roundup: Auctions gain new consignors, make management changes
Auto Remarketing
CARY, N.C. -. BSC America's Bel Air Auto Auction announced the addition of three new consignors to the Thursday sale lineup at its new Belcamp, Md. facility. Credit Acceptance/VRS, BB&T/Regional Acceptance Corp. and Toyota Financial/Lexus Financial ...


BLOUIN ARTINFO

Auction Preview: Premier Catalog Auction - Day 2 at Brunk Auctions, Asheville, May 12
BLOUIN ARTINFO
What: Premier Catalog Auction - Day 2. Where: Brunk Auctions, 117 Tunnel Rd, Asheville, NC 28805, USA. When: May 12, 09.00 AM, EDT. Top lots of the sale: - Herbert Haseltine (New York/France, 1877-1962): Ralla, Harry Payne Whitney's Champion Polo Pony ...

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New York Times

Auction Houses for Comics and Coins, Too
New York Times
The headlines in the auction world tend to involve Christie's, Sotheby's and Phillips, 18th-century businesses with English roots that routinely provide record prices, historic consignments and single-owner sales with famous names attached. But as ...

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