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Hi,
If you are interested in a business with eBay auctions,
then our issue today may be of interest to you.
The article looks at where to look to find products to
sell, and a little information on the subject.
To date this month there have been a multitude of new
products launced, but nothing really that helped out
in the early stages of building a business.
If you are looking to get started in blogging and have
already got your domain hosted, this package from
Gabriel Aguina is the best I have seen for those who
are new to the Internet Marketing world. I definitely
recommend that you at least have a look at this one,
the link is as follows:
http://newbieshelp.com/Recommends/GA/
Today's issue contains:
- Featured Article: "Finding Products to Sell on eBay"
- Recommendation - A report on eBay marketing
Brought to you by:
Derek Jones - Editor
A. Finding Products to Sell on eBay
One key for business success using eBay is sourcing
products to sell. The first questions eBay sellers
should ask themselves are: "What can I sell?" and "Where can I buy?"
There are two kinds of sellers on eBay, garage sellers
and business sellers. Garage sellers are people who
sell products they are not going to use any more and
that are usually not new. Garage sellers are not profit
driven, their main objective is usually to get rid of
some stuff they don't need. They will be happy to make
some money by selling something that is no longer
useful to them. On the other hand, business sellers
are people who will buy and sell products for profit,
they consider eBay a business and need to earn profit
on the products they sell.
The first key to success for business sellers is an
old marketing rule, RESEARCH. The products you need to
sell are products that eBay buyers will want to buy.
Apart from being a massive market place, eBay offers
you a cheap source of research that you can conduct
without moving from your computer.
If you are a business seller, it is fundamental that
you spend some time researching before you decide
which products you want to sell. Follow these research
guidelines:
1. Search for the categories that are most popular.
The first index is the number of listings that exist
under each category. In addition, you need to look at
how many bids the products have.
2. Look at the ratings of the sellers who are listing
products in each category and study their profiles.
See how many products they are selling and how many
products they have sold in the past.
3. Analyze prices. You need to become an expert in
your category and you need to know at which price a
product is worth buying as well as the expected final
winning price of your auction.
4. Select no more than one or two categories. "Specialization" is another basic rule of marketing.
It is better to become an expert on something, as this
will inspire confidence and trust in your potential
customers. Online marketing is all about trust.
For conducting good research, you need time and
organization. There are different software programs in
the market that can help you save time as well as
optimize your research.
Now that you are becoming an eBay expert and have
conducted a proper search, you are almost ready to
start your business. Before starting to sell, you need
to buy! Here are some ideas from where you can source
products:
1. Write your own e-book and sell it. If you have any
passion or are an expert on a subject for which you can
find a niche in eBay, do not hesitate to spend some
time on writing your own book. The advantage of this is
that after your initial time investment, you can sell
and sell copies of the book without having any
additional costs. Selling information products is one
of the most profitable businesses. Even if you are not
an expert writer, you can find other people who can
write the book for you.
2. Use drop-shipping. There are wholesalers that will
sell you products and send them to the address that you
tell them. The advantage of this source is that you do
not need to carry inventories, so your investments are
minimized. After your auction is finished, you send
them your customers address and they will do all the
shipping. If you decide to use this kind of source, you
need to make sure that your auctions winning price can
be higher than the price you will pay for the articles.
At minimum you should expect to double your costs.
3. Buy from eBay. Many eBayers success comes from
knowing how to buy well on eBay and sell the same
products at a higher price. If you know your category
very well, you can easily find opportunities that will
allow you to buy and resell making profit. Again, solid
research is fundamental.
4. Buy Asiatic products. If you are willing to carry
some inventories, you can invest on Asiatic products
and buy them for a very cheap price. You can easily
start importing Asiatic products from the Internet at
www.alibaba.com.
5. Sell local products. If you live in an area that
produces local products which can be bought at a cheap
price and shipped to other areas where people would pay
more, you should take advantage of the situation.
Best wishes for your success.
B. Recommendation
If you have decided on eBay as the basis for your
business, then you should really check out this report
to discover how you can open your free eBay account
today, and be earning profits by tomorrow! You don't
need to be technical, or spend any money up front, or
even have a website.
www.newbieshelp.com/Recommends/IMCeB/
Sincerely,
- Derek Jones
Editor, Newbies Help
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