Tuesday, December 30, 2008

How To Make $1,000 On eBay From A Scandal

You can make money on eBay from a scandal.

While a scandal unfortunately marks the passing of
an adverse event, it also creates amazing profit opportunities
for eBay sellers.

eBay sellers can tie in their auctions to the scandal,
and reap enormous profits from it.

If it's a financial scandal, such as the current scandal
involving Bernard Madoff, eBay sellers can capitalize
on it by auctioning off guide books on how to detect
financial fraud.

Books, kits, software, audio books, and DVDs can be
found that are devoted towards the topic of detecting and
dealing with financial fraud.

Both consumers directly affected by a scandal, and those
concerned of becoming embroiled in one, will be perfect customers
for your eBay auctions.

Or how about a scandal concerning tainted food?

Do you remember when all of the news reports
were circulating regarding China's tainted milk?

When a scandal involving tainted food takes place,
you can be sure that eBay auctions for food checking kits, food contamination
guides, and food cleaning supplies, will attract plenty of
buyer interest.

A scandal will give your eBay auctions thousands of dollars
worth of free publicity.

The scandal will also remind eBay shoppers why your scandal
related merchandise is so crucial to have.



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Monday, December 29, 2008

Is eBay Headed For Extinction?

AuctionBytes recently interviewed
Jeff Jordan, one of the original executives from
eBay's golden age.

Jeff Jordan joined eBay in 1999, and
was expected to replace Meg Whitman
as CEO.

While there has been plenty of negative
news in the media concerning eBay's
lackluster holiday performance,
the former eBay executive still has plenty
of optimism.

Overall he feels that eBay is headed in the
right direction, and although changes could be
made, he understands that changes in a large
organization need to be made slowly to ensure
successful adaptation.

One of his few regrets regards eBay's lack of service
related auctions.

He would have liked to have seen more of a focus
on attracting service providers.

In other words, attracting lawyers, accountants,
painters, and so on, to auction their professional
services on eBay.

As of now, that market is dominated by sites
such as Guru.com and Elance.com

eBay sellers can tap into this market by offering their
services on eBay, through the same process used
by product sellers on eBay.

The market for services on eBay is untapped,
and awaits the eager service entrepreneur.

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Sunday, December 28, 2008

Profit On eBay From Hot News Stories

You can profit on eBay from the latest headlines.

We live in a media driven environment, where
we are updated with the latest news on a 24 hour
basis.

Newspapers, radio, cable programs, and the Internet,
ensure that we are constantly updated with every angle of
a developing story.

Whether the story concerns the Bernie Madoff scandal, or
the bankruptcy of Lehman Brothers, or the attempt of
Governor Rob Blagojevich to shake down President elect
Barack Obama, we know every development in real time.



eBay sellers can profit from the proliferation of news updates
by selling products on eBay that are connected to today's hottest
stories.

For instance, there are eBay sellers making money by selling office
equipment from Bernie Madoff's investment offices.

There are also eBay sellers earning a nice profit by selling the newspapers that
announced Barack Obama's election.

You can actively make money on eBay by looking for wholesale products that
can be connected to a news development.

For example, if a major hurricane is announced in the news, you can purchase wholesale emergency
kits, and list them on eBay.

Did you read a news article this morning on the popularity of lamb wool scarves?

Then call your wholesaler, and start ordering lamb wool scarves.

Next list them on eBay, and take advantage of the growing popularity of the scarves.

You can even include a reference to the news article in your eBay auction description, this
way you can remind potential bidders as to why they should bid on your item.


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Friday, December 26, 2008

Scarlett Johansson's Used Tissue Can Boost Your eBay Sales

Have you heard the stunning news?

Scarlett Johansson's used tissue just sold for over
$5,000 on eBay.

The famous actress auctioned her used tissue in the
name of charity.

I am sure you are wondering about the sanity of the
buyer, but since the proceeds were for charity, let's
give the eBay buyer the benefit of doubt.

So what does this eBay sale have to do with your
own eBay business?

It should teach you the following important eBay lessons.

eBay Lesson #1

Hollywood sells. eBay shoppers love movie related merchandise,
especially if it is personally connected to a star they love.

eBay Lesson #2

Shock value works. Run a highly unique eBay auction,
and you stand the chance of gaining national media coverage.

That media coverage can easily be worth thousands of dollars to you,
since there will be more bidders following your auction, and paying
attention to your eBay business.

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Thursday, December 25, 2008

How To Sell Products On eBay During Tough Times

eBay has reported a decrease in traffic over the holiday period.

This decrease in traffic has been a continuing development since the replacement of Meg Whitman, by the current chief executive, John Donahoe.

While the holiday season should represent an especially strong sales period for eBay, there has actually been a decline in completed auctions and site visits.

In line with the deteriorating economy, eBay seems to be suffering as well.

But before you abandon eBay, be assured that it is still an efficient sales channel for your wholesale products.

Keep the following in mind.

Even with the decrease in traffic and sales, eBay still has over 125 million registered users,
clearly making it the largest online market place in the world.

I am sure you would agree that even if the number of registered users decreased by 16%, as reported by The Wall Street Journal, you are still looking at an enormous market for your products.

But if the traffic is slowing down on eBay, and there are less people making purchases, are you wondering how you will be able to sell your products?

eBay Selling Tip For Tough Times #1

Offer free shipping. Customers love free shipping since it saves them money.
In slow times everyone needs more money, and will look for any decent savings,
even if it’s just a few dollars.

eBay Selling Tip For Tough Times #2

Free gift wrap.

People love buying gifts for their relatives, friends, and coworkers. Show them that your
product can make a great gift, by offering to gift wrap it for free.

An item that might not have been considered as a gift, will now be viewed in a different light.

eBay Selling Tip For Tough Times #3

Start your auctions at $1.

Sure, you are taking a chance of selling your products too cheaply, but in the long run you will attract more bidders to your auctions. An increase in bidders competing for your products will result in higher bids for your eBay products.

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Wednesday, December 24, 2008

Make Money With eBay Drop Off Stores

Wholesale eBay sellers now have another option when it comes
to selling their products.

This option is very unique, since it’s an adaptation from the
eBay drop off centers, but with an interesting twist.

Instead of a human being evaluating the expected resale value of the item,
the entire process is automated.

There are now pawn shops that use software to evaluate the likely
selling price of the items that customers bring in.

Customers can receive an instant forecast of the likely selling price of their
items on eBay.

The pawn shops typically take 35% of the sale proceeds as their commission
for listing and selling the items on eBay.

For sellers with a good deal of products on hand, but with little time available,
this approach is very effective.

You can also use traditional eBay drop off stores to sell your products.

The advantage of using an eBay drop off store is that the staff will have specific experience
with selling on eBay.

You can search for eBay drop off locations on Google, you can also try these sites:

we-auctionit.com
877isoldit.com
theonlineoutpost.com
auctionittoday.com


ebaydropoffsites.net offers a comprehensive national directory of eBay drop off stores.


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Wholesale Products For EBay Sellers

Wholesaler products are a perfect component of every eBay seller’s business.

eBay sellers need wholesale products to expand their business, since their initial inventory usually only consists of personal items which they have had lying around the house.

As their eBay business develops they find that they need a steady source for wholesale products which they can offer on eBay.

So how does an eBay seller procure wholesale products for his business?

There are five steps that every eBay seller should take when looking for wholesale products.

1. Determine the direction of his eBay business.

Just because the eBay seller started out selling used clothing, doesn’t mean that she wants to build an eBay business selling used clothing.

2. Decide whether the eBay business will be based on volume or price.

eBay sellers need to decide if they will be looking to conduct allot of auctions for low priced merchandise, or if instead they will be selling fewer, but higher priced items.

3. Investigate the eBay marketplace.

The eBay seller needs to investigate and see if there is a viable market for the wholesale products he would like to sell. A good indication would be the number of similar items sold.

4. Search online for sources for wholesale products.

eBay sellers can use wholesale search engines such as www.wholesalecentral.com and www.wholesalequest.com

5. Test out the market.

eBay sellers should test out the eBay marketplace by placing a small order and trying to sell the items they have ordered. There is no better indicator than actual experience.

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