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3. CONSIDER DROP SHIPPING - This is best possible method that I have found for making eBay a profitable enterprise. (Unless you are going route of antiques and collectibles) Drop shipping eliminates need for storing your items, packaging, and shipping them. This ate most of profit that I would have made because it took so much time to do all of this. And most of us don't have an empty room we can devote just for storing stuff for eBay and even if we did, we have to come up with a system for inventory. You end up with a lot of headaches that traditional businesses have to deal with. SO, BEST way that I have found to make eBay profitable for average person is this:
research what is selling on eBay go to library and go through a copy of business directory and find WHOLESALERS that sell product that eBay goers are looking for contact wholesaler and work out a deal with them ask for great pricing in exchange for you selling their product as part of deal, arrange for them to ship directly to your customers So, basically, you are acting as a retailer for them. They benefit, by getting sales with no overhead, and you benefit by being able to be competitive on eBay and not having headaches of storing, packing, and shipping! It is a wonderful win-win agreement!
If you do choose antiques and collectibles route, there are great resources out there to teach you how to do it as profitably as possible. My favorite is Starting an eBay Business for Dummies.
And, as a resource to market your eBay auctions for even better profits, I would definitely recommend Seth Godin's book Permission Marketing. It is a MUST for growing your eBay business and keeping customers coming back to your auctions again and again. The key is turning strangers into friends and friends into customers!
Jonathan R. Taylor, specializes in helping people in every stage of their lives to find more meaning and purpose in their work. He believes that to find that purpose and meaning, a person's interests, skills, passions, and goals must integrate seamlessly with their work. To get more great advice, subscribe to Jonathan's newsletter at www.careercalling.com!