ultraarticles.com
Search:    Index -> About Us -> Privacy of Info -> ToS -> Add Url -> Submit Article   
Get 3 way links
 

Education & Reference

Automobiles

Business & Companies

Careers & Employment

Science & Research

People & Communities

Health & Hygiene

Music & Entertainment

News & Media

Shopping & Auction

Medical Care

Creative Arts

Relationship & Lifestyle

Hotels & Travel

Family & Home

Finance & Banking

Cooking & Drinking

Computers & Networking

Politics & Government

Children

Self Help

Games & Play

Property & Estate

Sports

 

Index –› Shopping & Auction –› Auction Sale
 

How To Sell $20,000 Per Month on eBay Selling at Wholesale Prices

 

First of all let me tell you selling on eBay is easy, but it takes time or money. eBay has fees that you have to pay and if you want to grow quickly you will spend a lot on fees while you are learning.

My wife had an eBay business and she was a Gold Power Seller selling more than $20,000 per month. She sold mostly watches, lots and lots of watches. She sold them wholesale, by the dozen or by the case, 30 to 60 at a time. They were inexpensive watches; we paid from $2.50 to $4.00 for each one and sold them from $3.50 to $12.00 depending on the quantity purchased.

All of the techniques and suppliers we used are included in my eBook or in my exclusive newsletters you get as a free bonus when you buy my eBook.

When selling on eBay there are several tricks. Let me tell you the 3 tricks I think are the most important.

Trick #1: Build your reviews. Your reviews are your lifeline on eBay. You need to build your reviews so people trust you and want to do business with you. If they dont trust you, you wont sell anything on eBay. When you start you will have to offer good deals, free shipping or great communication. I always encouraged people to call me on the phone and ask questions by posting my phone in every listing. I didnt get a lot of calls but I did get a lot of reviews.

Trick #2: Make big margins. You need those margins. You cant buy something for $10 and sell it at $12, not even at $15. The listing fees alone will eat you. Remember, you have to pay a listing fee, you have to pay a fee if you sell the product and on top of that you pay PayPal when you collect the money. You could easily pay up to 10% or more of your selling price. This could be your entire profit. If you use any special listings to showcase your product you could be looking at $20 extra per listing category. So again, dont try to make it on volume, try to make it on big margins. The best things to sell are either unique items or collectibles, name brand items that people are looking for like iPods, or hard to find items or imports.

Trick #3: Make more money on shipping. When my wife sold on eBay about 80% of our profit was made from shipping charges. We kept our product prices low so they attract the buyer and charged a bit more on shipping. People understood and they always got a great deal. For us it was a no brainer. eBay does not charge you any fees on your shipping charges, just on the selling prices.

The funny thing is we only sold wholesale on eBay. And it seemed we were the only ones really selling wholesale. Most people selling at wholesale prices were selling at about 3 times what we could get any of their items.

Many of our customers had eBay stores, others had convenience stores or gift stores, many of them had other businesses and wanted giveaways for their customers.

This is only a small example of what you can do with Wholesale Distribution. And believe me, its not the most profitable one or the easiest to start. In my eBook you will find cheaper, faster ways of getting started in wholesale distribution and make even more money than what I made on eBay. I made much more from my other wholesale distribution businesses than what I made on eBay and I worked less too.

Copyright 2006 Cube 17, Inc.

Author: Jorge Olson
 
Author Bio:
Jorge Olson is a well-known scripter. Jorge likes to create articles about this industry.
 
 
 

Related Articles

 
Personalized Wristbands Are the Ultimate in Expression
 
Four Reasons Everyone Should Use A Treadmill In Their Exercise Regimen
 
Diamond Earrings
 
Nike Air Force One (the shoe)
 
If The Shoe Fits ! Wear It
 
Everything You Ever Wanted to Know About the eBay VeRO Program
 
History of Socks Timeline
 
Do Achy Backs Really Save Big Buck?
 
If The Shoe Fits: The Biggest Mistake In Fitting Shoes, And Why Shoe Companies Keep It Secret
 
10 Reasons To Become An EBay Trading Assistant
 
 
 
   Index -> Privacy of Info -> ToS
Copyright © 2006-2008 www.ultraarticles.com - All Rights Reserved.