"The Final Method to Fast Cash"
Available On-Line at:
http://www.netpreneurnow.com/articles/ebay2.html Available via
Responder at: mailto:ebay2@netpreneurnow.com
________________________________________________
"The Final Method to Fast Cash"
by Stuart Reid
There are literally hundreds of ways to make money online today.
Everything from affiliate programs, ad revenue, reseller deals
and beyond.
The trouble is, they all take time, money and effort to get
started!
All is not lost - there still exists one proven strategy that
works in a very short time period, costs hardly anything, and
can net you a healthy profit.
It's eBay.
Don't switch off just yet! The problem with eBay is that it's
been "done to death". It's an unfortunate fact that many newbies
- the very people who NEED this site - have been blinded by the
sheer amount of spam and even legitimate offers they receive.
Ebay is billed as an "International Community Of Buyers And
Sellers" and "The Worlds Biggest Marketplace" - nice taglines,
that just happen to be true.
It's so big that WHATEVER you have to sell, SOMEONE wants to buy.
I'm serious. Just take a look.
Now... I don't regard eBay as the route to "big" riches
(although some powersellers certainly do earn a nice income).
Rather, I see it as a way for a newbie to get some cash behind
them to enter into the really profitable companies. To get their
website up and running. To get their promotional activities
under way.
Spend just two or three weeks on eBay and you can easily make a
couple of hundred (or even thousand) bucks to give you a great
start in your marketing efforts.
Here's why I believe this is true:
1. Ebay is CHEAP. It's not cheap as in tacky, it's cheap as in
economical. You pay nothing up front, as you're invoiced monthly
- and buy then you've already sold what you're selling.
2. It's EASY. Yep. You need no lists, websites, or any of that
stuff. Just sign up for a sellers account, and start listing
your goods!
3. You can profit QUICKLY. Auctions last 1, 3, 5 or 7 Days. You
can also place "Buy It Now" buttons so you can sell as soon as
someone wants to buy!
The basics of eBay are very easy to master. First you need
something to sell. I'm not going to discuss the murky world of
selling sites, services, tools and that kind of thing. Nor am I
going to discuss how you can use "drop shippers" to sell items
at profit without even buying and shipping them yourself (very
profitable).
I'm discussing selling whatever you have around the house!
Search the Cellar, Attic, Garage, every nook, cranny and
cupboard you have. Pull out EVERYTHING you don't need or use.
Don't be a "hoarder" - see it as an opportunity to de-clutter
your life and a way to get cash to re-start your future.
Got it all in front of you? Great!
Now search eBay for each item you have, or comparable items.
Make a note of their prices so you have a guide. If your items
are "worthless" - i.e. they're only selling for a buck or two,
then don't bother (unless you have a lot of them). If you've got
any "hot" items, put them to one side.
Before you list you may find a Digital Camera handy. If you
don't have one don't worry, but you can buy them now for around
$40 and they DO make a hell of a difference to your listings.
List all your normal stuff. Don't spend too much on featured
listings, such as Bold, Gallery etc for the cheaper items. And
don't worry about postage costs - the buyer pays these! Make
sure you list them at a good time, i.e. around 7-9 pm, and
preferably on a Sunday Evening. This means a 7 day Auction will
END at 7-9pm on a Sunday Evening - more people surfing :-)
Now list your HOT items. If you have any collectibles, such as
coins, toys, books etc, or you have rare items, NOW's the time
to splash out on featured listings. It depends on how much you
expect the item to sell for.
For any item you can place a Buy It Now option. Only do this if
the item is pretty common and sells well, or you want to "fake"
the value. For example, if a Buy It Now price is $80 and the
winner ends up bidding $50 he *thinks* he has a bargain.
After everything is listed keep an eye on your items in your "My
Ebay" page. It shows you everything. And be sure to answer
questions from interested buyers promptly.
After your 7 days are up collect the payments and ship the
items. PayPal is the easiest way to accept payments, and eBay
owns PayPal so it's all automated. You can withdraw the funds
from PayPal to your Bank Account directly.
Do this for two or three weeks then you have some cash behind
you to get started on your main business!
(C)2004 Stuart Reid, http://www.netpreneurnow.com
P.S. If you want to take Ebay further as a business in it's own
right, for example using Drop Shippers, scouring Car Boot
Markets and Flea Markets, or selling Information Services (all
profitable) then you need "Ultimate Ebay". If you want to learn
all the insider tricks and secrets to get your auctions selling
quicker and higher than ever before, also refer to "Ultimate
Ebay" - since it contains 40 of the best Books, Reports and
Manuals about Ebay ever gathered!
http://www.productpacks.com/ebay