![]() |
Auction Information |
|
|
How to Double or Even Triple Your Net Profit Selling on eBay
eBay Search tips and secrets This is an example of how I used the Ebay search tab to triple my sales and profit in 1 month! I had found a great supplier of computer liquidation products using my Ebay Power seller Cloning techniques. I was excited to be selling over $1000 a day in these products (laptop parts and accessories). I noticed I had a lot of repeat buyers, which is a great thing. I would test the products and I shipped them fast, and emailed tracking promptly. These are the keys to building great feedback. I was searching ebay for new products and ideas one night when a light went off in my head! I decided to check the sales history of the eBay buyers of my products, I assumed they were using them in their computer repair shop. "Important lesson on Ebay I have learned over and over!" Do not assume anything such as if a product will sell, what price it will sell for, what the ebay buyer may do with the product. Keep an open mind and you will not limit you profit opportunities. I went to the Ebay search tab and I typed in one of the ebay user's ID that purchased products from me. The user id is available in any ebay listing. Then I clicked on the ebay search option and chose by bidder and entered their ebay user id, when I searched last 2 weeks of eBay purchases, I noticed the bidder was sourcing a lot of laptop components from many different ebay sellers. I thought to myself they are buying a lot more parts than a standard computer repair facility would use, so I then decided to check and see what this Ebay user was selling. I found a very profitable business option at this point. The ebay buyer of my laptop parts was selling complete laptop systems. It took me 2 seconds to figure out what they were doing, they were sourcing the individual parts from Ebay sellers such as myself, then combining the components together and selling a complete laptop on Ebay. So then I checked the ebay seller's completed auctions and noticed he was selling the completed laptop systems like hotcakes for $650-900 depending on the specs, I used the search technique to add up his parts cost it was around $300, Wow! He was making over $350 per laptop Guess what, I shifted gears that night and started putting the laptops together myself I tripled my profit and sales volume in 1 month. As you see search search search! Use this same principle to research history or sales activity on any product or service Ebay gives you access to the sales secrets of any successful seller Key point Create an Ebay account just for selling products Create an Ebay account just for buying products You can have multiple sales ID's or accounts on Ebay I highly recommend this, you can see from my search examples you don't want to give potential competitors a view into your buying sources on Ebay, I have used this technique to find successful Ebay sellers sources on Ebay and on the internet. The sales history is there use it. Sales history of any product on ebay is available to you with a few simple clicks from your mouse. Go to the Ebay search tab then choose competed auctions, you can also use this technique to search sellers completed auctions. The beauty of Ebay is the completed sales information on any product. When the item sold, how much did it sell for, how many were sold, this information is priceless and in normal business situations this would be a guarded secret In the past if you were entering a market you would buy market research from a business consultant for thousands of dollars to find only a tiny sliver of what is available at you fingertips through ebay searches. Tim Gilberg is able to provide information and insight from a unique perspective - that of someone who is actually doing what others just talk about. Ebay Power Seller Platinum Status was Attained by Tim Gilberg, which is one of the highest sales levels attained selling on eBay. Tim is active on Ebay and liquidation.com as well as consulting and working with other Top ebay Power Seller's to give you real life in use insight, not theories.Visit Tim Gilberg at his website Make Money on eBay
MORE RESOURCES:
Auctions - Google News |
RELATED ARTICLES
Finding Products to Sell on eBay Do you know how many people in US are earning their livelihood with the help of eBay? According to a new survey conducted on July 2005 by ACNielsen, a leading research firm, an astounding 724 thousand Americans respond that they rely on eBay for their main or supplemental income. Apart from these professional sellers, another 1. How To Compete With Amazon.com If you are selling online,here is the down side of our business.. 5 Ways to Drive Traffic Away from Your EBay Auction eBay is a one-stop solution to any one who wants to make money online. Whether you just selling a few unwanted items from around your house or your want to develop a work from home business, eBay removes many of the obstacles for you. Use Auction Templates For eBay Success! Auction templates are simply a must for successful online auction selling. One day I spent approximately 45 minutes writing a listing for an item that would make me about $5 in profit! I suddenly realized the stupidity of what I was doing. When It Comes To eBay, Don't Follow The Herd Q: I want to start an online business. Since I don't know anything about ecommerce and building websites and such, I'm thinking about starting out selling products on eBay, then pay someone to build a website for me once the money starts coming in. Increase your eBay Profits the Easy Way Sometimes the simplest things can boost the number of visitors and bids to your auction listings and increase your eBay profits.Robert G. The Drop Shipping Business You have suddenly found the perfect business and you are all geared up to make lots of money. You have see the ads about Drop shipping and it sounds great. Shipping Supplies For Your eBay Auction Business Auction supplies are clearly an expense and major consideration for an eBay auction business. Of course, the most critical supply is the item you are selling, but mailing supplies are necessary for every auction and their cost and supply must be figured into your overhead. The Benefits of Buying and Selling Locally Shop at a flea market in Oaxaca, Mexico. Trade with a vendor in London, England. Negating Negative Feedback on eBay Taking some pride in my one hundred percent positive feedback score on eBay, I was horrified to see a negative feedback appear against me.What had I done wrong? Had I overlooked an auction win and failed to deliver product as promised? Had I given poor, slow service? Was I rude to the auction winner?Certainly, if I had been guilty of any of these things, the negative feedback may have been deserved. Making Your Auction Business Stand Out From The Crowd When my sons were growing up they started playing hockey when they were 6 years old. Each of them, in their first year, scored more goals than the rest of their team combined. Dont Sell Grandmas Jewelry at a Yard Sale...Get More Money Have some vintage jewelry? There are several ways you can sell collectible or vintage costume jewelry. How much your vintage jewelry is worth depends on several things. A Picture Paints a Thousand Words and Creates Auction Euphoria on eBay Ever since I sold my first item on ebay I have been addicted to the site and I have steadily developed it as a supplementary source of income over the last two years. As I gained experience from listing items, I rapidly became aware that the inclusion of pictures in the listings was a major selling point as buyers could literally see what they were buying and as such create a greater interest and desire within them which in turn led to greater selling prices. Authentic or Fake? 1. Admit It: Old business models are no longer working. How To Save Franchise Fees and Set Up Your Own Ebay Drop Off Store There has been a flood of publicity generated regarding the "Small Business Opportunity" being offered to would be internet entrepreneurs.The plan is for you to purchase a franchise operation to sell products on consignment via eBay. Drop Shipping Is Your Perfect Home Based Business Solution Drop Shipping Is Your Perfect Home Based Business SolutionDrop shipping is one of the greatest businesses to operate from home. With drop shipping you sell another company's products, use their warehouse and shipping facilities, and they provide you with the sales tools you need like product descriptions and images and more - free of charge!Drop shipping is great for small businesses because you can start with literally nothing & gradually increase to higher levels of success. Profit through Other Peoples eBay Errors There are many issues that influence how an eBay auction ends. Timing, Description, Title, Photos, the list could go on and on. Everything You Need To Know About Ebay Money Making Opportunities Ebay money making opportunities are simply the best thing to come along since the wheel. Seriously, everybody from grandmothers to middle school kids are cashing in on what's been called the $14 billion ebay pie. What to Sell on eBay - 7 REAL Tips for Finding Successful Products This question has become one for the ages. There are many answers to it, few of which will actually help you. 5 Reasons Why Playing Music On Your Auctions Is A Bummer Of An Idea There are 147 million registered users on eBay, and tens of millions of those are desperately fighting to make sales on eBay. When trying to make their auction listings as powerful as possible, many sellers use ill-advised tactics. |
| home | site map |
| © 2006 |