Posts Tagged ‘eBay’

Making Money On Ebay Is As Easy As 1 2 3!

If you browse around on eBay a little bit you will find thousands of products for sale in thousands of different niches. One of the most popular categories is Information Products and for good reason.

You can sell an information product without worrying about shipping cost, broken products, lost products or any thing else that comes with a physical product. Here we are going to focus on selling eBooks to make money on eBay.

An eBook is the “online” version of a “offline” book. It contains information on a specific niche aka topic. eBooks come is several varieties two of the popular being PLR private label rights and MMR master resell rights.

MMR: Means someone created a product and you have the right to resell the product and keep 100% of the profit.

PLR: Means someone created a product and you have the right to resell the product and keep 100% of the profit but you can also edit it. You can put your name on it add or delete text.

PLR products are a gold mine if you want to make money on eBay. You can find FREE PLR products by doing a search on Google for free plr or something similar to that.

What you want to do is find about 20 or some PLR articles and use them to create your own product. In this case you will be creating an eBook to sell and make money on eBay.

For instance let’s assume you have just found a website that is offering you PLR’s to 20 articles about how to make money on eBay. You are going to read through all these articles then create your own “eBook” using the content from the articles.

When you sell information products on eBay you want to have you eBook available for download in a PDF format or file. Don’t worry this is easy peasy to do.

Go to Google and type in “Free PDF software” the first several results that pop up are links to websites that offer free PDF software!

Let’s take a running total of what you have spent so far 75.00 for the… no wait ZERO dollars! You haven’t spent one read cent yet and you are well on your way to making money on eBay.

Back to the topic on hand take your “eBook” that you have written and paste it into your free PDF creator tool. Make sure you add your name as the author so you look like you know whats going on when people read your eBook.

Now this is where I might loose you a little bit. I am going to side track here for a second and tell you a couple other ways you can make money on eBay with your eBook before you finish creating it.

The topic of our eBook was about how to make money on eBay. We are going to find an affiliate program that has a product that relates in some way to making money or making money on eBay. To do this all we have to do is visit a website called Click Bank.

Once you get there go ahead and register an account. Then at the top of the page you will see a link called “Market Place”. This is a market place of products on various niches. Go ahead and type in make money on eBay or make money, something along those lines.

What pops up? Do you see a product that would go good with what you are selling? I am sure you do because there are tons of great information products on clickbank.

Now all you have to do is use your Click Bank ID to create an affiliate link. Now what you will do with this affiliate link is work it into YOUR eBook

somewhere.

Let’s say someone reads your eBook about how to “make money on eBay”. While reading it they come across a link to a great product that could really help them make money on eBay.

They go ahead and purchase this product and guess what – you just got paid a commission for selling that product! You can even add a few affiliate links in your eBook just don’t go over board.

Package that eBook up nice and pretty with your PDF software and you are ready to make money on eBay yourself!

You now have the option of choosing your selling price. You can choose to sell it for what you think it is worth or you can “under sell” it and charge a fraction of what it should cost.

Why would you do this?

Think about it. You sell 500 copies of your eBook for 1.00 dollar verse 50 copies for 20.00 dollars. I can guarantee you will make more money selling it at

1.00 dollar because that is 500 eyes in your eBook. That’s 500 people that may not only purchase your eBook but purchase one of the items you are selling through your affiliate link!

Here it gets even better. You can offer MMR or master resell rights to your eBook and let other people promote your affiliate products for you! You have people selling your eBook with your affiliate link in it while you sit back and collect the affiliate check!

This is easy money baby. This is just one very simple method you can utilize to make money on eBay.

Is it possible to resell “Will Call” concert tickets through eBay?

I bought 2 VIP tickets for 556 dollars. I used Will Call as the method of delivery. But I’m gonna participate in another presale, so if I get better seats, I’d want to sell these tickets. I’m going to sell them for 600 dollars (which is very cheap, considering the high prices VIP tickets are going for these days). But how am I supposed to do this? The tickets are under my mom’s name, and she’ll need to transfer the tickets to the other person. Is there a good chance I’ll succeed?

BTW for any of you who are interested, the tickets are gold VIP (early entry, soundcheck party, VIP laminate, autographed items, PLUS 13th row seats) to the Jonas Brothers concert on September 23, 2010 in the Irvine Verizon Wireless Amphitheatre.

Is the Ebay Customer Always Right?

I can answer this question for you right now: the answer is ‘yes’. In fact, the answer is ‘YES!’ – the biggest yes you’ve ever heard. Of the course the customer is always right. If you want to be a successful eBay seller, you should go miles out of your way to make sure every single one of your customers is 100% satisfied, however much time or money it might cost you.

A dissatisfied customer will leave negative feedback, and negative feedback is to be avoided at all costs. That one piece of negative feedback will always cost you more than it would have to deal with the complaint, whatever the value of the items you sell. You should consider any positive feedback percentage under 100% to be an absolute disaster, and a personal failure on your part.

But What If…

But nothing! There is no situation where you, as a seller, should get into any dispute with a buyer. Here are a few common situations and how to handle them.

They say the item never arrived: Politely ask the buyer to wait a few more days to see if it turns up, and then email you again if it still hasn’t arrived. If it still hasn’t arrived, you should assume it was lost in the post somehow and offer to send a replacement if you have one, or give them a full refund otherwise. No, I don’t care what that costs you. Are you serious about selling on eBay or not?

The item has been damaged in the post: You must offer to replace it or take it back for a refund without hesitation.

They say the item doesn’t match the description: Resist the urge to email back with “yes it does, you just didn’t read the description properly”. Take the item back for a refund, and edit your description if you need to, to make any confusing points extra clear.

I’m sure you’re spotting a pattern by now. Offering a refund will make almost any problem go away, and it really will cost you less in the long run. Remember, one piece of negative feedback will stay with you forever, while having a 100% positive rating is like owning a bar of solid gold.

You should always handle customers’ complaints before they complain to eBay – in fact, you should email them pre-emptively to ask if they have any problems or questions. Going through the dispute process is time consuming, reflects badly on you and is downright unnecessary.

Are you still not convinced? Think this would only work with cheap items? Well, you see, the higher the price of the items you sell, the more your reputation is worth to you. Let’s say you were selling $10,000 worth of items each week, for example, and making a $1,000 profit per week overall. You might think that refunding one customer’s $1,000 purchase would be a tragedy, losing you your whole week’s profit. It’s far better to look at it this way: if you don’t give that refund, then not only will you lose the next week’s profit, but you’ll probably lose a few weeks’ profit after that too. Now which option looks better?

I absolutely can’t emphasise enough the importance of really believing that the customer is always right. But trying to make excuses for complaints isn’t the only thing you need to avoid. There are a lot of pitfalls that you need to avoid if you don’t want to kill your business before it’s even started properly.

10 Sure-fire Ways to Kill Your eBay Business.

It’s surprisingly easy to kill your eBay business, if you’re not careful – sure, you can start over from scratch without it costing you anything, but do you really want to? Still, if you want your business to end up dead in the water, here are some simple ways to do it.

Lie about an item: Say it works fine when it sometimes doesn’t work. Say it’s in perfect condition when it has a scratch. Your customers will hate you!

Post whenever you feel like it: Make sure to leave your customers hanging around, wondering when their item is going to turn up. This makes sure they buy from someone else next time.

Let items end anytime: Few people will be around to care about your auction if it ends in the middle of the night. Why go to the trouble of working out whether auctions will end at a good time?

Don’t bother with email: Customers are just timewasters anyway. eBay businesses are supposed to run themselves! Never give informed responses to questions about your item.

Sell rubbish: Really, it’s just eBay. You can just sell any old tat from the market for a 200% profit. Let quality be someone else’s concern – I mean, really, what do they expect for that price?

Refuse to give discounts: You know what your items cost, you know what your profit margin is going to be, and you’re not going to negotiate. Remember that giving customers special deals might make them feel good and come back to you again.

Make your listings ugly: As many colours, flashing lights and animations as possible will really give those customers a headache. Write as much in CAPITALS!!!! as you can. Preferably big, red capitals. Be sure to use the fonts Impact and Comic Sans. For an extra special touch, see if you can figure out a way to add some music.

Don’t take photos: It’s such trouble, after all. If buyers are picky enough to actually want to see items before they bid on them, then screw ‘em, that’s what I say.

Write short descriptions: Be as brief as possible, and use lots of mysterious abbreviations. This obviously makes you look very cool. You can even just write the title again in the description box. Think of the effort you’ll save!

Use reserve auctions: Now, this is a fairly controversial final choice, but it really is one of the best ways to scare away your customers. They’ll see ‘reserve not yet met’, and click that ‘back’ button before you know it. Luckily, they can always bid in a normal auction for the item somewhere else.

Now that you know the ten ways to kill your eBay business, how about we explore what to do if you want to do the opposite, and make a success of it?

10 Steps to Successful Selling on eBay.

So you want to be a successful seller with your own eBay business, do you? Here’s a simple, ten-step path to eBay enlightenment.

Step 1: Identify your market. Take a while to sit and watch for what sells and what doesn’t out of the items you’re interested in. Any market research data you can collect will be very useful to you later on. You’ll probably see the ‘sweet spots’ quite quickly – those one or two items that always seem to sell for a good price.

Step 2: Watch the competition. Before you invest any money, see what the other sellers in your category are up to, and what their strategies are. Pay special attention to any flaws their auctions might have, because this is where you can move in and beat them at their own game.

Step 3: Find a product: Get hold of a supplier for whatever it is you want to sell, and see what the best rates you can get are – don’t be afraid to ring around to quite a few to get the best deal. If the eBay prices you’ve seen are higher than the supplier’s, then you’re set.

Step 4: Start small: Don’t throw thousands at your idea straight away – get started slowly, see what works and what doesn’t, and learn as you go. Remember that it’s very cheap to try out even the craziest ideas on eBay, and who knows, they might just work!

Step 5: Test and repeat. Keep trying different strategies until you find something that works, and then don’t be ashamed to keep doing it, again and again. The chances are that you’ve just found a good niche.

Step 6: Work out a business plan: A business plan doesn’t need to be anything formal, just a few pages that outline the market opportunity you’ve spotted, your strategy, strengths and weaknesses of the plan and a brief budget. This is more for you than it is for anyone else.

Step 7: Invest and expand: This is the time to throw money at the problem. Buy inventory, and start spending more time on your business. Set a goal number of sales each week, increasing it each time.

Step 8: Make it official: Once you’ve made a few thousand dollars worth of sales, you should really register yourself as a business. Don’t worry, it’s not expensive or hard to do – a lawyer is the best person to help you through the process.

Step 9: Automate: You’ll probably find that you’re writing the same things again and again in emails or item descriptions. This is the time to give up on the manual method and turn to automated software that can create listings for you, and respond to completed auctions and payments with whatever message you provide.

Step 10: Never give up: Even when it looks like it’s all going wrong, don’t stop trying until you succeed. If you keep working at it then you’ll almost always find that you made a real breakthrough just when things are starting to look desperate.

Once you get into the swing of things, you might start thinking that you should quit your job and take up eBay selling part time. But it’s not always as easy as that – there are all sorts of factors that you need to consider.

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how good is 12k gold thats being sold on ebay?

I am trying to buy a necklace for my husband but everything is 12k gold or 9k gold, and I dont want anything that is fake, or gold plated how good is the gold?

Do you think anyone would buy a gold painted wireless xbox 360 controller on Ebay?

I painted my controller gold but want to sell it now… Do you think anyone would pay £27- £30 pounds for it?

I have no pictures because I am a lazy person. Its just a wireless controller painted gold.

How much can I sell these 14karat gold diamond earrings for on Ebay?

They’re really nice but my ears aren’t pierced.