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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Notre Dame auction at the click of a mouse  Lowell SunTYNGSBORO -- If you are a baseball fan, enjoy stunning, high-quality jewelry, or wish to bring a group of friends to a free, private wine-tasting, the Academy of ...
Artist auctions off photo of dad's underwear for $1,300  Fox NewsEccentric artist Dominic Allan - who goes by the name Dominic of Luton - photographed his dad's underwear drying on a radiator for a work he has titled “My ...
Mystery Owner Auctions $26 Million of Wines in Hong Kong  BloombergQuint(Bloomberg) -- A wine collection of almost 17,000 bottles from a single cellar -- including grand cru Burgundies and first-growth Bordeaux -- is expected to bring ...
Pogba auctions World Cup-winning boots for charity  Sport24The football boots with which Paul Pogba effectively won the World Cup for France last year are to go under the hammer.
Most MISO zones clear planning auction at $2.99/MW-day  Utility DiveMost zones in the Midcontinent ISO cleared a recent annual capacity auction at $2.99/MW-day, according to a report on the 2019/2020 Planning Resource ...
32nd Women for Ag auction Saturday  Lebanon ExpressThe 32nd Annual Oregon Women for Agriculture auction will be held Saturday at the Linn County Fair & Expo Center.
Online luxury real estate auctions aim to shake up sales  BNNBloomberg.caAn online auction for a luxury home in Abbotsford, B.C., is drawing attention for its novel approach, which some observers say has potential to inspire new sales ...
Auction of leases needs more study, claims Congress  Times of IndiaPANAJI: All India Congress manifesto committee convener Rajeev Gowda on Saturday said the auction of mining leases was an issue that needed to be stud.
Public auctions to be held in Greenfield, Springfield  Berkshire EagleSullivan & Sullivan Auctioneers will be holding municipal auctions in Greenfield April 29 and in Springfield May 7. The Greenfield auction takes place at noon at ...
A special auction  Deccan HeraldEighteen years after his death, Vasudeo Santu Gaitonde (1924-2001), one of India's modern masters, must have turned in his grave. On March 26, 2019, one of ...
FCC announces 5G spectrum auction and $20 billion investment for rural broadband access  TechSpotForward-looking: The race for 5G is on and America certainly doesn't want to be left behind. The FCC and President Trump announced two proposals: A ...
'Under stress': One in five auctions pulled  The Australian Financial ReviewHomeowners in Sydney are increasingly withdrawing properties before the big auction day while in Melbourne, homes are selling for prices below their ...
Three-day auction of rare wine in Hong Kong brings in US$29.8 million  South China Morning PostA wine collection of almost 17,000 bottles from a single cellar -- including grand cru Burgundies and first-growth Bordeaux -- has sold for US$29.8 million at ...
ACV Auctions triples year-over-year sales  PRNewswireBUFFALO, N.Y., April 2, 2019 /PRNewswire/ -- ACV Auctions Inc., the leading dealer-to-dealer, online wholesale automotive marketplace, hit an all-time high ...
Texas ‘Castle’ Heads to Auction  Mansion GlobalA European castle-style home outside of Dallas will go under the hammer at the end of April with a $2.5 million reserve. Located in Southlake, Texas, the home ...
National Auction Market Preview - 31 March  CoreLogic Property NewsThis week, all of the busiest capital city suburbs for auctions are in Melbourne. Cheltenham tops the list with 15 homes scheduled for auction, followed by ...
Big names from art world in the picture for Easter auction  Irish ExaminerBallyconneely in Connemara is the venue for an Easter Sunday art and antique auction at 2pm tomorrow. Dolan's art auction house will offer nearly 400 lots at a ...

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