September 23rd, 2008
Now that you are becoming an ebay expert. you are ready to do business on ebay. Here are some ideas where you can source the products.
- Write your own e-book and sell it. If you have any passion in writing, write your own book on the subject for which you can find a niche in ebay. Selling information product will give you a very profitable business.
- Use drop-shipping. Find a supplier or a manufacturer that will sell products and ship it to your customer in your behalf. Just give them the complete name and address of your contact.The advantage of these system is that your investment is minimized.
- Buy from Ebay. Be an expert on how to buy and sell on ebay. Reasearch is very essential. If you know your category very well, you can easily find opportunities that will allow you to buy and resell and make a good profit. You buy products on ebay and be able to sell the same product at a higher price.
- Buy Asiatic Products. You can easily start importing asiatic products via internet at www.alibaba.com. If you are willing to carry some inventories, you can invest on asiatic products and buy them at a very cheap price.
- Sell local products. If you live in an area that produces local products. You can invest in it. Local products are cheaper than the imported products. You can ship the products to your customer who will pay you more than the original price.
Tags: ebay merchant, ebay selling, selling on ebay
Posted in Earning on eBay, Selling Tips on eBay | Comments Off
August 24th, 2008
eBay can be a source of headache especially when you don’t have any idea what they are talking about. To help the eBay beginners, here are a list of words and abbreviations commonly found in eBay.
Terminologies
- Bid- the maximum amount you are prepared to pay for an item in eBay.
- Dutch- an auction where more than one of an item is available.
- Feedback- comments left by users on eBay.
- Mint- in perfect condition.
- Non-paying bidder- A bidder who wins an auction but does not proceed to buy the item.
- PayPal- an electronic payment , method accepted and used by most sellers and buyers in eBay.
- Rare- used and abused on eBay; meaningless.
- Reserve- the minimum price a seller will accept for an item.
- Shill bid- a fake bid placed by a potential seller to boost up an auction’s price.
- Snail Mail- post mail; very slow compared to emails.
- Sniping- bidding at the last second to win the item before anyone else outbids you.
Abbreviations
- AUD- Australian Dollar (currency)
- BIN- Buy it now ( fixed price )
- BNWT- Brand new with tags (never been used, original tags)
- BW- Black and white ( for films and photos)
- CONUS- Continental US; generally used by sellers who don’t want to post in Hawaii or Alaska
- EUR- Euro (currency)
- FC- First class, type of postage
- GBP- Great British Pounds. (currency)
- HTF- Hard to Find
- NIB- New in Box; never opened, original box
- NR- No reserve. An item where the seller has not set a reserve price
- OB- Original Box. Might have neen opened but still in original box
- PM- Priority Mail
- PP- Parcel Post
- SH- Shipping and Handling. The fees a buyer will pay for postage
- USD- United States Dollar (currency)
- VGC- Very Good Condition. Not mint though
Here’s a tip, though to make a good sales on eBay. Avoid using the abbreviations unless you really run out of space because many people are still not familiar with ebay lingo and they might end up confused instaead of interested.
Tags: ebay selling, writing titles on ebay
Posted in Selling Tips on eBay, eBay Business Info | Comments Off
July 25th, 2008
Dropshipping is one effective way to sell and earn on eBay. Here are seven easy steps on eBay dropshipping.
- Choose a product to sell. The very basic step in selling is deciding what kind of product to sell.
- Locate a supplier. Find a supplier who gives you a good price so that you end up with a good profit. Supplier who will dropship for your behalf. Just make sure that these dropshipper has enough supply to evade back-orders.
- Set up an account. Set up a reseller account to the dropshipper you contacted. These are done online or by phone. Some companies may require a tax ID or a business liscence. Other companies require you to complete and return a reseller application form to open an account.
- Advertise the product on eBay. If you are all set to sell your product the best thing to do is to advertise it on eBay. Advertising plays a major role in any business.
- Use Paypal or online payments. As your product are sold the customers will pay you with a paypal instant payment. Online payment is hassle free and is fast.
- Place the orders to the dropshipper. As soon as you received the payment from the customer you should contact the dropshipper. Immediately order the product and the supplier will ship it to your customer on your behalf. Just give them the complete name and address of your customer.
- Follow Up after Sale. After the customer pays you, you need to follow up in order to have feedback. If there are problems with the order you are the one responsible not the dropshipper. Let your client know that their order has been ship and is on the way to their doorsteps.
Many eBay beginners are afraid to use dropshipping due to the stories they read on internet about the unscrupulous dropshippers who just took your money nut will not ship the product. But there are also hundreds of honest dropshipper in the industry that will help you build a profitable dropship business.
Tags: dropshipping, selling on ebay
Posted in Selling Tips on eBay, eBay Business Info | Comments Off
July 1st, 2008
Dropshipping is a method of selling and distributing goods to the end user. The supplier ships directly to the customer on the retailer’s behalf.
The process of dropshipping involves three parties who take a product from manufacturing to the enduser. They are the manufacturer, the distributor and the retailer.
Dropshipping evolves since Sears first started selling goods from its mail order catalog over a hundred years. The idea of dropshipping still confuses many customers who don’t understand exactly how the process works. In the internet years, dropshipping exists as a viable way to launch a product on ebay. But it is still misunderstood.
In dropshipping, the supplier of the product is the dropshipper, who ships directly the products to the customer or the end user on your behalf as the retailer. The manufacturer will sell you products and ships the product to the name and address you tell them to deliver the goods. These is how dropshipping works.
Tags: dropshipping, ebay selling
Posted in Selling Tips on eBay, eBay Business Info | Comments Off