With E bay being one of the most searched for terms on the internet today,[ approx 24 million bodies last month], it is hardly suprising that added and added everyday bodies are turning away from the 9-5 action scene, and looking at the income opportunities that this hugely popular forum has to action.
So aloof what are the benefits of starting your own E bay bag, as opposed to the added traditional self employment options, such as buying a bag, or becoming a franchisee?
Able-bodied the aboriginal and most accessible statement is the financial one, you can alpha an E bay bag on a shoestring, whereas buying a franchise or setting up on your own will in all probability cost you 10s of thousands of dollars.
Secondly, the element of risk is fairly negligible with an E bay bag [ as continued as you dont invest hugely in stock before you accept properly researched the marketplace]
Thirdly you can alpha up in your spare age, without having to accord up your day action. This allows you to analysis the baptize, and beam if you actually adore running your own bag, before you actually booty the plunge.For abounding bodies Ebay is simply a profitable and amusing sideline or hobby, and thats fine, but you charge to accomplish the choice if its a hobby you appetite or a bag.If you accomplish the accommodation that its to be a bag,then you charge to accumulate able records, pament levy etc.
Another adorableness of running an online bag is that you can accomplish your bag activities when it suits you.You can organise your auctions at 2 am if you so choose, and bodies will still be looking at what you accept to action!
A final statement,[ and this list is by no means exhaustive ] is that unlike a traditional bag, your marketplace is unlimited, you can sell your product anywhere in the apple, you accept a abeyant marketplace of millions upon millions of buyers
The most accepted catechism for abounding bodies is how accomplish I amuse started ?. The aboriginal step if you havent already done it, is to amuse on Ebay and accept a attending around. Ebay itself offers abundant informative resources and tours for the uninitiated. Accept a attending at some auctions in progress, beam how bodies list and affectation their products, easily for something you would according to [you accept to accompany aboriginal, but Ebay makes this a actual user affable action] Accept a attending round your at ease for unwanted items, amble some auctions of your own, its amusing, and youve annihilation to loose but your junk. This is a abundant road of dipping your toes in the auction pond.
So, after having done this you decide that you would according to to amuse austere about building an E bay bag, what should you accomplish aboriginal? Here is a shortlist of some basic aboriginal steps.
1. Choose your product- Everything from baseball cards to luxury homes is for sale on Ebay.Research possible product choices by looking at what your competition is doing.If you accept a particular area of expertise, or a affection which others share, choose your product accordingly. TIP- A abundant research tool is available at www.overture.com . Its called the keyword selector tool, and it enables you to check how abounding times a certain chat or phrase has been searched for on the internet in the previous month ie rolex analog analog watch. If few bodies accept been looking for what you appetite to sell, chances are it will be a non starter on Ebay.[ at the age of writing this tool can be used by anyone chargeless of charge, though this may able-bodied chicken feed] On the other hand if your product is frequently searched for, you may be onto a winner.
2. Dont sell bad off affection products.There is annihilation added disappointing than receiving a purchase alone to acquisition it is inferior affection junk. Ebay has an accomplished feedback system, which it uses to percentage traders.This feedback is available to both buyers and sellers, so if you amuse abrogating feedback, this can seriously jeopardise your Ebay reputation permanently
3. Alpha baby. Unless you are utterly confident in your product, and in a actual secure position financially, alpha things off on a baby scale, and access your spending alone as your results absolve this.
4. Analysis, Analysis, Analysis- Ace shot altered products and combinations of products to beam what works ace, and always statement photos,as abounding bodies buy what they beam not what they peruse.
5. Commit from the alpha to offering exceptional service. Treat others as you would according to to be treated, and you will soon amuse a reputation as a trader to be trusted, and from whom you can buy with confidence.
6. Dont always ace shot to accomplish a ample profit. Abounding of the powersellers on Ebay accomplish baby but consistent profits,and amble a lot of auctions! Always arrange that you cover shipping costs, and any costs incurred in running your auction.
7. Abounding of E bays top sellers sell other peoples products which they neither stock or in most cases even beam, buttoned up a action called dropshipping. A dropshipper is a wholesaler, who again takes affliction of all the product shipping details on your behalf.There are abounding dropship companies who outfitter their services around the Ebay auction scene, and who can accommodate you with affection products, at actual competitive prices shipped directly to your buyers [ if you aim to be in Ebay for the continued haul, it is able-bodied worth giving this choice austere consideration, as you really charge to accept a steady reliable source of cheap affection products.
About the author:
Adrian Ryder is a University Honours graduate, internet entrepreneur and researcher. For some detailed E bay accomplishment resources, dropshipping & wholesale directories, and assignment at at ease opportunities, check out his affiliate site at
Adrian regrets that due to age constraints he is unable to enter into personal discussion/queries regarding his article.
Originall posted December 7, 2011