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Posts Tagged ‘auction’

An Introduction To Ebay Drop Shipping - The Easy Way To Start An Ebay Business

April 19th, 2010

The term ‘Drop shipping’ has become a popular method for selling goods on eBay. This method allows the seller on eBay to sell goods without the need to have an inventory or the necessity to ship the goods. Many companies also allow the user to purchase their goods and then have them blind drop ship the product to the winning bidder. The company uses the eBay seller’s name or company details as the return address to make it appear that the item actually came from them and not the true goods supplier. The true supplier will however, handle the packaging, the shipping, and any return of items.

It is very easy to start a drop shipping business on eBay. You do not need to make any huge investments when starting your ebay drop shipping business and your initial costs will be negligible. Remember that this is a virtual business and does not need heavy startup costs, unlike an offline business that can expensive to start.

Drop shipping has gained in popularity because you do not have to pay for and stock inventory the upfront. Once the buyer makes the payment, the order is sent to the drop shipper and they complete the procedure including sending the tracking number for the shipment, which is then forwarded to the buyer - You do not pay until you have sold the item! This method ensures that you earn money and the risks are minimized for the sellers.

But make sure that you find legitimate drop shippers to work with and avoid the “middlemen” that can cause problems with shipping and your profits. Stay clear of drop ship guides that just list companies and addresses. These guides lack any substance and, if you want to find “middlemen” you will not need to look any further. A good source for finding your ideal drop ship partnership is at alibaba.com.

Ebay is the biggest e-commerce portal in the world today and is providing a livelihood to thousands of people worldwide. According to a survey by AC Nielsen in 2009, 724,000 Americans have confirmed that their livelihood depends on their auction ebay site store. Apart from this number, at least another 1.5 million people have said that they make an extra income by selling their products on e-bay. Last year 150 million registered users sold their products on eBay and transactions amounted to over $34 billion. This makes e-bay the biggest online market place globally.

You do not need any special skills for starting a drop shipping business on eBay and although there are certain products that you cannot sell on an auction ebay online shopping store, you can sell virtually anything else and don’t forget that you will have an existing database of over 150 million customers to sell your product to. You will however, need to carefully assess the pros and cons to ensure success, read as much as you can on the subject and learn from those that know. A good resource can be found here.

Ebay gets somewhere around 1.5 billion page reviews every month. You can imagine therefore the kind of traffic that can visit your auction ebay site store - just be sure to check out what is selling and what isn’t before you start and just remember this, a little time and effort is all that will be required to get started and after that just sit back and watch the bidding. Even while you are sleeping, on holiday or doing whatever else, ebay is still working for you, day and night.

Internet Marketing

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Tips On Selling Your Collectibles on eBay

April 5th, 2010

Do collecting trinkets like vintage jewellery, limited-edition figurines, antique music boxes and the like appeal to you? Are you also interested in making a business on eBay? Perhaps you do not have any collectible items to sell, but still wish to sell something on eBay. You’ve come to the right page! Here are some tips to get you started on your journey on eBay.

Before we can begin, you need to have the following essential equipment. A working computer, an Internet access, a digital camera and some space to store the items you are about to sell on eBay. You will also need to know more about the different types of shipping and packaging materials, but not to worry; we’ll come to that later.

Next, you will have to learn how to list an auction on eBay. There are many types of information you see are what you need to know for a successful listing on eBay. Here’s a link to an overview from an eBay seller: http://pages.ebay.com/education/sellingtips/index.html. There are many articles and tutorials available online that will teach you all you need to sell successfully on eBay. Also, mentors are available but a consultation fee may be imposed.

When you have learnt how to set up an eBay store, you will now need to focus on what product you want to sell. Before you go off finding a supplier, try to auction off some collectibles or unique products from your house first and start building up on positive feedback on your sales. As many eBay buyers shun away from sellers with little to no feedback, it is wise to build up your reputation and then, when you have gain trust within the eBay community, you may start to focus on a particular niche of products from your supplier on eBay.

You also will not want to sell an item that is unique, but not in high demand on eBay. Do a quick search around eBay by looking up on “completed” items and then sort it by the highest price. You will be surprised to see the little music box you are planning to sell has over 20 listings but not one of them has been sold.

The next thing you need to be wary of is the pricing of your products. You’ll have to do a very thorough research and sometimes, it can be quite a challenge for new beginners on eBay. Find out the price the items or similar items you are planning to sell are going for on eBay. Always remember, many eBay buyers are looking for the most affordable price, so do not mark up the price of your product. You can find more information in the link provided at the earlier section of this article. Don’t scrimp and also, don’t be cheated when selling or buying anything on eBay!

So what happens when someone has expressed interest in your product and wish to buy it from you, how do you deal with online payments? The majority of eBay users use PayPal to settle online transactions. Provide a variety of payment options like PayPal, personal checks or direct cash to your customers. With more methods of payment options, you will likely get more bids on your products.

After your customer has paid for the product, it is now time to ship the item. There are many shipping companies and shipping methods. Many sellers use USPS and some use UPS. By shipping with USPS through Priority Mail, your items can be packaged free whilst you have to look around for packaging materials like boxes, bubble wrap and Styrofoam peanuts for your item if you ship via First Class, Parcel Post or UPS.

In summary, if you want to learn how to sell your collectibles and other items on eBay, you can do it! Overwhelmed yet? Yes there is a lot to learn, but it’s not nuclear science. Just take it one step at a time. It’s a learning process. If you need mentoring and support from others, those resources are available too. Use what works for you and become the newest eBay seller! Selling on eBay may be difficult, but with practice and lots of patience, you can do it! There are many people out there willing to help you with your journey and there are many resources available too! Don’t be intimidated by the process and most importantly, don’t give up!

Leslie Yc is now selling full-time on eBay and consistently making $55k to $60k sales every month on eBay ever since he bought his life-changing ebook eBay Inside Out, which authored by a Titanium eBay Powerseller - Anton D. Gates.

Internet Marketing

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