5 Secrets To Make A Killing on EBay

Secret #1: Find a 'real' wholesale and drop ship company

Do you know what one of the biggest problem is to be successful on eBay? 'What should I sell"? I can tell you, I get many emails per day from eBay sellers, asking me what they can sell. Let me explain this more in detail.

Let's take John and David for example. Both are sellers and try to make money on eBay. Let's start with John. He mainly gets his items from garage sales. So, every Saturday morning he gets up very early, hops into his car and drives around the neighbourhood to check out the garage sales. So he went last Saturday. John did not buy anything on the first two garage sales, but on his third garage sale, he found a little treasure. An old book from 1897 - for a bargain price of $10. Bingo! John was proud! 'I can sell this for huge profit', he thought and he went home. He took his digital camera and he made a high quality digital photo. It took quite some time but finally he was happy with the result. Then he had to upload this picture to his computer and he spent some time writing the sales copy. Late Saturday afternoon finally he was finished and launched this book onto eBay. 7-10 days later his item got sold for $75!! John is excited. He packs the item, labels it with the buyers address and then he drives to the nearest post office. Oh no, what a long line. After 15 min of waiting he could finally post this item to his customer! Wow, a lot of work for $65 profit? Don't you think?

Let's look at David. He usually gets up very late ? usually at Saturday around lunchtime. He is still in his pyjamas and he makes himself a nice cup of coffee and gets onto the Internet. He logs into his drop ship account and browses through some hot selling product. 'Yes, I can sell that" - A nice laptop for a bargain price of $550 (wholesale price). But David does not have to pay upfront for this item, so he just downloads the professional digital photos offered by his drop ship company to his computer. "Oh wait"; David has just discovered that this drop ship company has also a 'ready-to-use' auction sales letter available. That's really cool ?and David copies and pastes the source code of this letter into his eBay listing and he launches his auction. A Dutch auction, since the drop ship company announced that they have more than one of this laptop currently available. Great, David could sell 6 laptops. He hits the submit button for this Dutch auction of 6 laptops and enjoys his coffee (which is still hot by the way). After 7-10 days David has sold all 6 laptops for $830 each. All what David does is the following: He waits until he gets the payment from his 6 customers in his paypal account, sends the address of the customers together with 6 x $550 (wholesale price) to his drop sip company via paypal. He has made pure profit of 6 x $280 = $1,680 in about 25 min of work ? total. That's why David is a smarter eBay seller than John. I think the idea is clear ?drop shipping can be the answer to your problem what to sell on eBay and it can saves you a lot of time too. No packing, posting etc.

Secret #2: Have a professional auction listing

A professional eBay auction site is like your business card. If you are serious selling on eBay you should show your potential customers that you are a professional seller and that you are selling high quality products. Please, don't just upload a photo and type the text in the description box. Do your homework and learn some HTML. Look around there are many professional tutorials and ebooks around helping you in that matter. It's definitely worth it. And you'll be surprised, because if your auction listing looks nice and professional potential buyers stay longer on your site and usually it's more likely that they place a bid.

Secret #3: The money is in the follow up

"Yes, I've heard this before", you may say. But, this is a very important aspect of your successful eBay career: Follow up with your customers. Send them an email ~10 days after they have purchased the product and ask them how they are going with the product and if everything is all right. Invite them to have a look at your other auctions. (You have to be careful though not offending anyone, but if the products are related and you ask how they went with the product, that's fine). I never got complaints by doing that and your customers are happy to get some "insider tips". You'll be amazed how many customers will buy from you again, since they value you as a seller. Keep in mind that it is easier to keep an existing customer, instead of getting a new customer. You could also send them a thank you gift in form of a downloadable digital information product. That's easy for you and they get some valuable information. You'll see that your existing customers will be very thankful and they feel good that they have bought from you and will do again in the future.

Secret #4: Sell internationally

This aspect is often neglected by many eBay sellers: Sell internationally! First, check with your drop ship company in which countries they are shipping and how much postage they charge to send the item overseas. If you have sort out these details, you can go ahead and list your item internationally. You'll be surprised how many more items you are selling when the potential buyers see: Ship worldwide. Don't miss this opportunity or you are leaving big bucks on the table.

Secret #5: Be creative ? Be different

How do you think your listing will be stand out from the crowd? Good question isn't it. In my 4 years of being an active Power Seller, I have tried and tested a lot. First have the photo in the gallery; it just costs a bit more to list but these additional cents are well spend. A recent study has shown that people almost ignore listing without a picture in the gallery. So that's mandatory! The next step is your title. Do you know that only the title is spidered by eBay when potential customers are searching for specific products? So, you have to make sure that your title includes as much keywords as possible. But be careful here, eBay does not like "keyword stuffing". So, be creative and come up with 2-3 different titles for the same item. Try them all and you'll see what works best.

Copyright 2005 Auction Resource Network

Jason James is a 10 year Internet marketing veteran and an eBay Power Seller of 4 years. His website "The Auction Resource Network" reveals his inside secrets and sources that help him pocket over $10,000 a month on eBay.

Get your FREE 14 Day "eBay Secrets" eCourse here: http://www.auctionresourcenetwork.com

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Loan squeeze sparks call for six-week auction campaigns  The Australian Financial ReviewHome loans are taking so long to approve that the typical four-week sales campaign is now too short and should be extended, says a leading property market ...
Bid to play catch with Lorenzen among auctions  MLB.comLAS VEGAS -- A charitable tradition during the Winter Meetings will continue this week, with the Reds offering once-in-a-lifetime types of experiences that fans ...
The 10 Bangladesh players registered for IPL auctions  The Daily StarThe 2019 IPL players auctions is set to take place on December 18 and Bangladesh Cricket Board (BCB) registered the names of 10 Bangladesh cricketers who ...
Coins, silver and baseball cards up for ADOR auction on Friday  KTAR.comThe Arizona Department of Revenue will hold a public auction Friday of unclaimed property from safe deposit boxes.
A bunch of Michigan land is going to auction: How to bid  Detroit Free PressThe auction also includes a couple of parcels in metro Detroit, in Oakland and Livingston counties.
The Biggest Winner of Auction Week and 12 Other Takeaways From New York’s $2 Billion Sales  artnet NewsFrom the biggest winner to the most surprising pass, here are our parting observations from last week's auction marathon. artnet News, November 20, 2018.
Marilyn Monroe's Golden Globe sells for record $250,000 at auction  Reuters(Reuters) - Marilyn Monroe's Golden Globe Award sold for a record-breaking $250,000 at Julien's Auctions in Beverly Hills, California, auction officials said late ...
Winton Woods Riding Center horse auction raises eyebrows  Cincinnati.comA sealed bid auction by Winton Woods Riding Center is attracting both interest and criticism.
Sebi to auction Sai Prasad Group's 162 properties next month  Economic TimesNEW DELHI: Markets regulator Sebi will auction as many as 162 properties of Sai Prasad Group of firms and three of its directors next month in order to recover ...
DD Freedish to open 55 slots for e-auction by December-end  Best Media InfoThe Ministry of Information and Broadcasting (MIB) had shown the green light to DD Freedish's e-auction in October 2018. The date of auction and the opening ...
India will auction 80 GW of solar, wind capacity by March 2020  pv magazine InternationalThe Indian Government plans to tender 60 GW of solar and 20 GW of wind capacity by March 2020. This would complete the planned auctions for its targets of ...
The Mug coffee shop faces assets auction  Business DailyThe Mug, a Nairobi coffee shop, is facing auction of its assets over Sh4.3 million rent arrears.
FCC Plans Major Spectrum Auction in 2019  Light ReadingThe FCC said Wednesday that it is planning "a major 5G spectrum auction in 2019," that combines the upper 37GHz, 39GHz and 47GHz millimeter wave bands, ...
No buyers at Newport auction of 3 impounded boats, which now will make their final cruises to the scrapyard  Los Angeles TimesNewport Beach tried to auction a trio of uncommonly large impounded vessels this week that, despite their abundant character, got no bids.
Einstein's religious views on display at 2 New York auctions  Charlotte ObserverA Bible described as "an inexhaustible source of living wisdom and consolation" in an inscription by Albert Einstein failed to sell at auction.
Auction Report: The Rolex Ref. 6062 'Dark Star' Is The Coolest Watch Of This Week's New York Auctions  HODINKEEChristie's is selling this unbelievable triple calendar for the second time – and the results will be very interesting.
Annabel's, London's Most Famous Club, Is Auctioning Off Its Iconic Decor  TownandCountrymag.comA colllection of objects from Annabel's will go under the hammer at Christie's London, with estimated sales prices from £50 to £120000. Designer Nina Campbell ...
Babe Ruth's cleats, other Bambino belongings up for auction  New York Post A trove of Babe Ruth's personal items, including his hand-stitched hunting gloves and a photograph Lou Gehrig signed for him, will go up for auction next...
IPL 2019 Auctions: 5 Players To Watch Out For  SportskeedaIn the article, you will find 5 players who will play an important role for whichever team they play.
Tesla Partners With Auction Companies To Manage Used Car Market  CleanTechnicaNovember 27th, 2018 by Steve Hanley. Car auctions move billions of dollars a year and are essential to the US automobile industry, yet operate out of the public ...
5 players KKR could target in the IPL auction  SportskeedaThe franchise has recently asked for suggestions to the fans in social media on whom to buy ahead of the 2019 IPL auctions.
The Future of Auction Houses May Depend on Cheap Art  BloombergSotheby's, Phillips, and others are hoping to scale—but are hindered by the fact that masterpieces are limited in quantity. Furniture, not so much.

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