Small Business Q & A: The Secrets Of Starting A Successful Ebay
Business
Q: I hear so much about people who started selling on eBay and
eventually turned it into their full time business. Is it really
possible to build a profitable business just selling junk on
eBay? -- Alex K.
A: If Fred Sanford were alive today, Alex, I'm sure he'd be
earning his ripple money by selling quality junk on eBay. While
it's also true that one man's junk is another man's treasure (I
have a garage full of treasure to prove this point), your
chances of building a profitable business selling "junk" on eBay
(or anywhere else, for that matter) are slim to none.
While there is a lot of junk reasure for sale on eBay, it is
typically sold by individuals who have "I break for yardsales!"
bumper stickers on their cars and not serious business people.
For serious entrepreneurs, however, selling on eBay can be a
good way to start a new business if you are willing to put in
the time and energy required to make the business a success.
eBay is also a good option for existing businesses to expand
their reach by selling online.
Everyone from small used car dealers to giant companies like
Dell Computers have discovered that eBay is an excellent place
to hawk their wares simply due to the huge number of folks who
visit the eBay site on a daily basis. Nowhere else on earth will
you find such a large pool of potential customers.
Consider these numbers: