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Greetings, Friend. So you've decided to go into business. Great. Now what? If you're like most new internet, home-based entrepreneurs, you have no idea. Let not your heart be troubled! There are many ways to run a home-based business on the internet, none of which are easy. Don't be fooled - there is a lot of hype out there, and those "overnight success" promises you'll find that are so prevalent on the internet these days are, in fact, to good to be true. I know, because I tried many of them. But did I give up? No, I didn't -... Read More
FACT: eBay's Gross Merchandise Sales (GMS) 2003 - GMS, the total value of items sold, was a record $24 billion, representing a 60% year-over-year increase from the $15 billion reported in the full year 2002FACT: Over 79 million times a day, eBay users find products and brands of their choice.FACT: In the final quarter of 2003, reported and increase of 41.2 million active users, up 3.8 million from the previous quarter.(Exerts from January 21, 2004 - eBay? Inc. Announces Fourth Quarter and Full Year 2003 Financial Results.)When I read the 2003 Financial Results, the first thing I thought of is... Read More
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. But, wait a second! The auction had just ended!Within minutes (perhaps seconds) of the auction`s end, I was being awarded negative feedback. Not only did I not receive any... Read More
If your business is not using eBay and other Internet auctions, you could be missing out. Here are just a few ways of generating additional income, profits and cashflow from online auctions.1. Convert Excess Assets to CashSell personal or business items that you no longer use. For example, are there slow moving inventory items in your store? A major camera store chain sells their slow movers, quite successfully, through eBay.2. Buy and Sell AnythingSometimes people put things out in the garbage because they don`t need them anymore and don`t know anyone who could use them. You can successfully sell some... Read More
It seems as if everyone is talking about online auctions. And why not. There are thousands of online auctions on the internet with more popping up everyday. People love them because they can usually find great bargains. Businesses are now also seeing the benefits of online auctions. Below are five ways your business can benefit from online auctions. 1. Get Rid Of Excess Inventory You could sell your excess or discontinued products at an online auction. Your unsold inventory is doing you no good sitting around, collecting dust. It's an effective way to make extra income and it won't... Read More
No matter how many times I see it happening, I'mconstantly amazed at the number of people who areliterally throwing money away by making incrediblysimple mistakes when they sell items in an onlineauction. Over the last seven years, I've been making a greatliving buying and selling products on eBay and otheronline auction sites, and I've perfected a techniquethat pretty much guarantees anyone can start making aprofit right away. That technique starts with avoidingmistakes like these -- mistakes I've seen people makeevery day for those same seven years. If you're doing any of these four things, you'releaving money on the table with... Read More
Ebay is without a doubt the greatest internet marketing phenomenon of all time. Millions of people log on every minute and every second there are hundreds of items listed, sold and bought, and of course money is made. It has become the world's largest marketplace, where the potential for selling an item is exponentially increased due to the sheer volume of people who can view the item for sale. The attraction Ebay holds for the most people is the possibility of selling or buying anonymously, and getting a great bargain. And for the first time ordinary people are making extraordinary... Read More
The activity chart is an ingenious way to find, in order, events happening in your community throughout the day. Plug in 'www.noonernight.com' on your computer or cell phone and retrieve lunch specials, happy hours, music and nightlife events.Unlike newspapers with static ads, noonernight.com utilizes dynamic time updates.To see upcoming events, simply enter a zip code and distance. The day and current time are highlighted in a bar graph form. Each event submitted spans the designated time. So planning a day or week can be done at a glance.Not everyone can afford to advertise his or her events in the newspaper... Read More
Police Auctions Information:No, a police auction is not where you go to buy a policeman. Most people do not realize that police agencies, including local police departments, county sheriff departments, as well as state and federal law enforcement agencies end up with a lot of confiscated, lost, or abandoned property. This property ends up in the agency's possession as the result of arrests, forfeitures, and just plain carelessness on the part of the property owner who sets a camera down in some public place and walks away.Once the agency has accumulated enough property they will hold a police impound auction.... Read More
Since their introduction several years ago, online auctions, such as eBay, have been one of the hottest destinations on the World Wide Web. Auction sellers are attracted by the prospect of a broad venue for their products and the possibility of high profits resulting from emotion-driven bidding wars. Bidders on online auction sites are drawn to the unique shopping opportunities and potential to purchase hard-to-find items at low prices. One technique many successful auction bidders employ is called sniping. Auction sniping is waiting to place your bid until seconds before the auction closes. In most cases, the last-minute bid precludes... Read More
Some sell on eBay to clean out their garage or attic. Some sell to make a little extra money here and there. But for some, eBay represents a chance to create a second income or start a home business. Product choice is important. But to really increase profit you must know how to increase the number and amount of bids per item. An eBay seller must maximize each product's profit margin. This article describes techniques to make as much profit as possible.1. Sell like products at the same time. Bidders look to see what else you have for sale they... Read More
Like many folks, you have heard of online auctions. Heck, even non-computer users have heard of Ebay. Everyone starts out as a bidder. The brave move on to be sellers. Little, by little, you learn the ropes.One of those "ropes" that seems to always give people problems is working with their auction photo. Previous photo experience may have only been limited to the seller's children or pets. Suddenly, they find themselves wading thorough terms such as "pixel," "uploading," and "compression."Sure, Ebay has tutorials, but it's not the whole story. Isn't it frustrating that "help" files are always "streamlined?" Doesn't it... Read More
On another forum I'm involved with, someone's asked a great question: I want to sell products on eBay, but I want to include photographs with my items. How do I do that? What kind of camera do I need, and what settings should I use? The first step is to buy a digital camera. You can use a film camera, get the prints developed and then scan them in, but you can now buy an entry-level digital camera for the same price as a low-end scanner, and it's a lot easier to use! A few... Read More
The Problem...It's happened to the best of us.You've been watching the auction all week, and finally you're about to claim your prize--a rare bronze statue from the Qing Dynasty. Or something just as tantalizing.You log on a few minutes before the auction closes, and confirm that you're still the top bidder -- no one has challenged you in several days. You're already picturing "your" statue prominently displayed on the living room mantelpiece, your friends green with envy as you tell them about the great deal you got on eBay. You refresh the page a few times, to make sure you're... Read More
There is an art to picking profitable products. It's not just what you want to sell but rather what will sell. Unless you pick a product in demand in the marketplace, you will fail. A fundamental principle of the capitalist system is "supply and demand". It represents a delicate balancing act between "what people want" and how much of "it" is available.Every Christmas, we see one toy that everyone wants. One year is "talking Elmo" and the next year it's something else. But, it never fails to occur. Because everyone wants "it", so "it" is in high demand. If the... Read More
Sometimes the simplest things can boost the number of visitors and bids to your auction listings and increase your eBay profits.Robert G. Allen, author of Multiple Streams of Internet Income, writes, "If you are going to play online, then act like your life depended on it. Embed your web address and e-mail address in your off-line brochures, on your business cards, in every marketing message, and in every advertisement you place."This advice rings true for eBay, Yahoo!, and Amazon auction sellers as well. You need to make it easy for web-surfers to find your current auction listings. The more visitors... Read More
Shoppers spent more than $15.5 billion this Christmas on gifts on the Internet alone. Just imagine how many millions went to unwanted polka dot sweaters, electric nose hair clippers, and thigh masters. That wasted cash piled up under the Christmas tree. We've all had it happen to us. In fact, you had it happen to you this year. You unwrapped the pretty red bow and tore through the shiny paper on that present from your Uncle Mortie, and immediately, you had to put on your best poker face.How did you know I needed a sushi roller kit?" you exclaimed with... Read More
Hearing that there are more than 1.2 million registered eBay users, that more than 25,000 members make five figure income as full time eBay entrepreneurs, and that more than 250,000 part timers make several thousand dollars a year of supplementary income from eBay enterprises would make anyone comment in disbelief with, "No Way". But the correct response to this is, "Yes, way." In fact, it has also been reported that the number one eBay entrepreneur makes over a million dollars a year. As Austin Powers would say, "Yeah, Baby." Or should we say, "E-Baby."So what's the deal with eBay, anyway?... Read More
Use eBay picture service or host your own photos?If you use the eBay picture service, your first photo is free. But each additional picture will cost you $0.15 and the supersize picture will be another $0.75.This can cut into your auction profits if you need, let's say, 3 or 4 pictures showing different angles, and one supersize picture for the "WOW" effect!So I found a way to have as many pictures I want in my listings without having to pay all these fees to eBay: I do my own image hosting!They are a lot of image hosting services to choose... Read More
Creating a product from scratch that you can sell on the Internet will take some time to do.Writing a book, for example, can take weeks or months to complete. If you're not a writer, or if you've never written before, this can be a daunting task. You will either not start, or abandon it halfway.However, you can instantly get a book to sell and keep most or all of the money you generate from it if you can find an author willing to sell you resell rights to his book. This is rare, but you may be lucky enough to... Read More
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