Wednesday, 19 December 2012
Home Based Business Leads
Those who might buy from you expect you to be as professional as the biggest online stores, for one thing. The more businesslike you are in how you do it matters, even if you only intend to peddle one or two items from your attic. It is a business, yes, and. There are new people coming to eBay every day that have little or no resources to start up their business.
Every tutorial I've taken at eBay University has helped fix in my mind what I need to know about the various steps I have to take to become fluent in "eBay", plus. Planning and research, finding merchandise, managing auctions, i already have a dozen free eBooks on marketing. I suggest you hunt around and find every free resource you can get your hands on.
Much less how to structure an auction that would work, i don't know cars well enough to tell if it's worth taking! Use your common sense: one person had a car he wanted to unload and have the buyer take over his payments. But have no idea how to "do eBay", i had three different people ask me about helping them sell something they have, in one day. Especially if you've taken the plunge and sold something, spread the word that you're on eBay.
Trying to push an item into an overcrowded market when you're new to the game is a recipe for failure. How many bidders there were and how many other similar items are currently available, paying careful attention to what it sold for, compare the exact item (if you can) with recent closed auctions. But do a little digging, they may think it's the same thing they saw on Antiques Roadshow. NEVER assume that what someone tells you about the value of the item they may want to sell is anything more than wishful thinking, also.
Hunt around for Certified eBay Solution Providers. You can't get back the time you wasted finding out it ain't for you, even if it has a 100% money back guarantee. It probably is, if it looks too good to be true. You can bet there are plenty of offers here to tempt you into parting with your hard-earned dollars to get EXCLUSIVE SECRET EXPLOSIVE access to wholesalers, as for finding wholesale merchandise to sell.
They pay up front (pro-forma) and/or apply for a business account where you pay after you receive the goods (net 30 = you pay for merchandise and shipping within 30 days of receipt), they like dealing with people who are prepared: they have a tax ID. And know how wholesalers like to work, i have some wholesale experience in my past.
This presumes you have people who want to buy and buy again - there really isn't a big market for repeat sales in coffins! But finding one can transform you overnight into a steady business, it may take some serious hunting around. The exception is when you find a manufacturer who will drop ship for you directly from the factory. Stored and shipped it yourself, but in most cases you'll pay more for merchandise than if you bought it in a wholesale lot, dropshipping can be very convenient.
Can't be reached on the phone or by email if there's a problem and tacks on "hidden" fees you never agreed to, you don't need a "dropshipper" who ships slowly. Imagine the negative feedback you might get from buyers who are either not shipped or who are shipped a defective product. Wait to see how the customer reacts to the sale before you roll out with 150 listings in a brand new store, list one or two items, if you decide to go with a dropshipper you have no previous experience with. Proceed cautiously and take nothing for granted, it means you do your homework. You must understand the concept of due diligence.
NEVER spend an extra cent you cannot justify to your mother-in-law! Etc, then there's the monthly fee for keeping it. Rather than the 5.25% for a simple auction listing, eBay gets 10% of your final selling price in a store, for example. Fees for selling in a store can break you if you aren't prepared for them. Don't open a store because you kinda sorta think you should. DON'T, this brings me to a very important point: when in doubt.
You just don't want to! Sure you can! "IRS audit", can you say? Keeping good records and paying your income tax, this goes for collecting sales taxes. Only to get kicked out for playing fast and loose with the rules, why go to the trouble of setting yourself up in business? Don't" also means avoid doing anything that even hints of evading the rules and regulations, "When in doubt.
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