Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/a26f9f83/public_html/articles/includes/config.php on line 159
How To Save Franchise Fees and Set Up Your Own Ebay Drop Off Store > NetSparsh - Viral Content you Love & Share

How To Save Franchise Fees and Set Up Your Own Ebay Drop Off Store

There has been a flood of publicity generated regarding the "Small Business Opportunity" being offered to would be internet entrepreneurs.

The plan is for you to purchase a franchise operation to sell products on consignment via eBay. Selling on consignment means you take a customer's product into your business, and pay the client the balance of the sales proceeds when and if the item sells.

The parent company guides you through the process of setting up a brick and mortar type of store located in a strip mall or similar location, and shows you how to attract customers using traditional advertising methods by which you sell their items on eBay. Your income is generated after all the fees are subtracted from the franchiser and eBay, along with the related standard business expenses listed below.

All of these items are considered overhead or business operating expenses:

1. Rent/Lease
2. Agreeability of Items
3. Bonded Insurance
4. Utilities
5. Employees
6. Fiduciary Insurance
7. Fiduciary Responsibility
8. Advertising

To start an eBay Consignment Business using this method, you will first be charged a Setup Fee ranging from $5,000 to $15,000 depending on the franchise you choose. There is also a range of fees to be paid to the Franchiser on every sale. You need to do the math for this type of operation after paying the franchise and setup fees to see if it is viable.

Setting Up An eBay Consignment Auction The Right Way

Eliminate the rental or lease and work out of your home. You can easily rent a storage facility for $50-$100/month to store your products, and you can meet your clients there. Remember, they do not expect or need an elaborate storefront; they want their items sold quickly with the least amount of effort.

You can obtain inexpensive insurance to cover the items in your storage facility. Advertise your eBay Consignment Service in local newspaper classified ads for under $20/week, and receive more products than you can handle.

Sign up for the eBay Trading Assistant Program (See my article titled How To Have eBay Send You Less Than Wholesale Product Sources). You will be provided with leads directly from eBay to you.

Obtain an Agreement of Items, which both you and the customer sign. These are available for under $29 at Legal Resource Online.

See the list below for Items to target in local classified ads. Indicate in your ad that you will sell items for "No Fee Charged - Pay Small Percentage of Sale"

* Computer Hardware/Software
* Toys and Video Games
* Consumer Electronics
* Antiques & Collectibles
* Jewelry/Luxury Goods
* Clothing & Accessories
* Sporting Goods
* eBay Auto Parts & Accessories

Services You Offer To Your Customer:

1. Inspect their product to make sure it is acceptable for sale.

2. Take photos of their product; then write the copy and design a professional ad and place it on eBay.

3. When the product is sold, process the payment securely, taking out your percentage, in addition to the shipping and handling charges.

4. If the product does not sell after placing the first ad, it is relisted at no charge.

If the product doesn't sell the second time, it can either be picked up by the customer, or donated to charity.

5. Packaging and shipping the product to the eBay buyer.

6. Mailing checks to the customer.

Setting up an eBay Consignment Business the correct way can allow you to start generating income in a short amount of time with limited expense!

Check out my new Ebay Training on DVD's simple easy to follow steps on how to make money on ebay

In The News:

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

The Mercury News

Auctions, sales, exhibits keep history, collectibles fans entertained
The Mercury News
Past Tyme Pleasures sale: You have until Nov. 3 to place your bids for items included in the semi-annual sale of this Brentwood online auction house run by Steve Howard. Among the stash on the block: old car license plates, beer collectibles, ephemera, ...


30-Year TIPS Reopening Auctions With A Real Yield Of 1.235%
Seeking Alpha
The after-inflation yield of 1.235% was higher than where this TIPS was trading in the secondary market. That indicates weak demand. The yield was the highest for any 29- to 30-year TIPS auction since February 2014. The inflation breakeven rate came in ...

and more »

Renewables Now

OVERVIEW - RES auctions in Poland ready to take off
Renewables Now
October 19 (Renewables Now) - Two rounds of auctions for renewable energy sources (RES) in Poland are happening this and next month and these are ...

and more »

Concierge Auctions Unveils October/November Real Estate Lineup Including Luxurious Properties Across Multiple ...
PR Newswire (press release)
NEW YORK, Oct. 18, 2018 /PRNewswire/ -- Concierge Auctions has unveiled its latest auction lineup featuring 15 luxury real estate offerings across five countries and nine US states. The new opportunities — offered throughout October and November ...

and more »

Fortune

How A University IT Guy Looks To Outmaneuver Verizon and AT&T In Upcoming Spectrum Auctions
Fortune
Verizon and AT&T have more fearsome rivals than David Beyerle, a communications engineer in Penn State University's IT department. Nevertheless, the two telecom giants could soon have to bid against him at two major government airwave auctions.


Feature -- EU power TSOs must use explicit auctions when coupling fails: ACER
S&P Global Platts
Brussels — Power transmission system operators must use explicit auctions with common rules for cross-zonal capacity if the single day-ahead market coupling process fails to produce results, EU energy regulatory agency ACER has ruled.


eMarketer

First-Price Auctions Are Driving Up Ad Prices
eMarketer
Programmatic platforms are changing the way they price inventory, and their moves are driving up ad prices. Automated ad auctions used to predominantly operate on a second-price basis, which is where the second-highest bid determines the amount of ...


Hearts & Science Calls To Replace First-Price Auction With Reformed Second-Price Model
AdExchanger
The Omnicom agency wants programmatic to create “clean” second-price auctions to remove the premium that buyers pay. It doesn't want to revert back to the previous second-price model, which suffers from problems around transparency and bid density, ...


Loudwire

Randy Blythe Auctions Off Grammy Medallion for Over $3000
Loudwire
Todd decided to pay it forward when he learned about Bianca's cancer diagnosis and put the medallion and certificate up for auction again on eBay to help raise funds for her treatment. Dan Rubino of Georgia was the winner of the auction, which closed ...

and more »

artnet News

At Hong Kong's Latest Round of Auctions, Work by Western Artists Reached a New High
artnet News
Although you could be forgiven for thinking otherwise, Banksy's remote-controlled theatrics at Sotheby's London weren't the only auction developments worth tracking this month. A quick look at the data from Sotheby's and Christie's most recent fine art ...

and more »
Google News

Get More for Your Money Shopping for Designer Shoes on eBay

The worlds online market place.In just a few short years... Read More

Dont Be A Victim Of Online Auction Fraud

The Internet Fraud Complaint Center (IFCC) reported that last year... Read More

From Ebay Zero to Power-Selling Hero: Don?t Be That Random Ebay Guy

If I could convey only one concept to someone who... Read More

Online Auctions Business

Online auction sites are a great way to find a... Read More

How to Sell Your Crafts on eBay

Artists, craftspeople and photographers are successfully selling their wares everyday... Read More

Selling through Auction Marketplaces

Consumers are increasingly feeling more comfortable in buying products through... Read More

How to Survive the Jungles of Ebay Selling

Come with me, we are going to take a safari... Read More

EBay Income Possibilities

If you've ever read an article about eBay, you will... Read More

The Ins and Outs of Dropshipping on eBay

Dropshipping is an attractive marketing technique, but when you take... Read More

Be Realistic When Selling on eBay

As some of you know, I spent many years buying... Read More

Authentic or Fake?

1. Admit It: Old business models are no longer working.... Read More

Are You an Ebay Shopper?

As I write this article, I am keeping an eye... Read More

Buying & Selling Gently Used Baby Clothing, Strollers, Toys, and Other Baby Items & Products on eBay

Need Extra Money? Buy and Sell Your Gently Used Baby... Read More

How To Convert eBay Surfers into Bidders!

Do you know the phrase "A Call To Action"? Well,... Read More

How to Generate Extra Cash in an Instant

With so many out of work, laid off or staying... Read More

How To Find Tons of Hot Items Selling On EBay ...In Less Than 10 Minutes

There are many ways to start a home business online,... Read More

Smart Ways Your Business Can Benefit From Online Auctions

It seems as if everyone is talking about online auctions.... Read More

Why 95% of All eBay Sellers Fail

eBay is now the 8th most visited site on the... Read More

A WIN-WIN Scenario On eBay For Buyer/Sellers: Tips For Hunting Want It Now Postings

"Ask And You Shall Receive" Policy Works!You're one-of-a-kind baby clothes... Read More

What YOU Must Know About The Advantages And Pitfalls Of Dropshipping

The following may be the most important information about dropshipping... Read More

Auction Sales - Keeping Customers You Worked So Hard To Get!

If you've studied business concepts you know that finding a... Read More

From Ebay Zero To Power-Selling Hero: What It Takes

Have you ever wondered what it takes to be "the... Read More

6 Reasons Why an eBay Business is the Easiest and Safest Home Business to Start

Calling internet auctions an "Entrepreneur's Dream" isn't poetic license or... Read More

Drop Shipping Is Your Perfect Home Based Business Solution

Drop Shipping Is Your Perfect Home Based Business SolutionDrop shipping... Read More

Free Auction Templates: How to Set Your Border Color With FOAM

If you have not heard of Foamtemplates.com yet, home of... Read More