Be realistic when selling on eBay....

Written by Richard Grady


Copyright 2005 Richard Grady

As some of you know, I spent many years buying and selling both on and offline and several of my products are based upon my own experience in this area. I know thatrepparttar vast majority of my customers and subscribers have an interest in trading whether it be on eBay or atrepparttar 140010 local market but more and more I am seeing people with completely unrealistic expectations of what they will be able to do. Most commonly these unrealistic expectations are in respect of how much it actually costs to purchase specific products and what they can then be sold on for.

I regularly get emails from people who want to know where they can purchase products such as mobile (cell) phones, new release DVDs, Playstation games and similar at, say, a 50% discount to resell on eBay. The fact is that such a thing is not available - it is a simple case of supply and demand and competition.

Take DVDs for example, most people think that these are excellent products to resell on eBay because they are very popular, not particularly expensive and easy to package and ship. Unfortunately, they could not be more wrong. The DVD market is one ofrepparttar 140011 most competitive that there is - take a look for yourself and see how many auctions there are on eBay for DVDs at any one time. I have just looked and counted almost 300,000! At any one time there will only be a certain number of buyers wanting to purchase a particular DVD and if you take into accountrepparttar 140012 numerous different places there are that each buyer could purchase from, it is likely that in general, there will be more copies of an individual DVD available than there are buyers to purchase them. This situation causes prices to fall. The other factor that forces prices down isrepparttar 140013 fact that one DVD isrepparttar 140014 same as another. By this I mean that from a buyers point of view, there is no difference to a new DVD purchased on eBay to one which is purchased from their local DVD store. Oftenrepparttar 140015 only way to differentiate is on price and of course,repparttar 140016 only way to makerepparttar 140017 price more attractive to a buyer is to lower it.

The above reasons help to explain whyrepparttar 140018 wholesale discount on a new release DVD is just 1 or 2 at most ($2 or $3 roughly inrepparttar 140019 US). When you take into accountrepparttar 140020 fact thatrepparttar 140021 large retail chains can purchase thousands of DVDs at a time and receive a bigger discount than individual traders, you soon see why it is very difficult for a small business to compete in such a competitive industry. You simply cannot purchase new release DVDs at 50% discount and even if you could, it wouldn't be long before prices were forced down as there is always someone willing to sell a little bit cheaper thanrepparttar 140022 next man.

TRAFFIC GENERATION ~ The Number One Skill That Will Generate Cash Flow. (Part 2 of 3)

Written by Ron Hutton


Copyright 2005 Ron Hutton

If you're feeling a bit of confusion and frustration about how to get visitors to your website and generate more sales, I know exactly how you feel. I feltrepparttar same way until I stopped listening to every "big time" marketer that came along withrepparttar 140009 latest traffic generating trick.

You've got dozens of gurus vying for your attention and every one of them hasrepparttar 140010 solution to all of your problems. Right? The proliferation of messages that promise a traffic explosion using new techniques can become overwhelming.

Time out.

Take a deep breath.

Sit back in your chair.

Relax.

Now, if you will focus your energy on a very short list of traffic generation strategies that actually DO work, and commit to continually improving your skills in these few areas, you will be amazed at what you can achieve... WILL achieve.

In part 1 of this article series, we discussedrepparttar 140011 fact that...

There are only 3 ways to get traffic to your website: 1) Buy it. 2) Borrow it. 3) Steal it.

Since #3 is not an option we're going to consider, that leaves us with "buy it" and "borrow it".

We also talked aboutrepparttar 140012 "Holy Grail" of web traffic. What is it? FREE TRAFFIC! I want it. You want it. Every disillusioned internet marketer wants it.

Here'srepparttar 140013 truth...

It's a myth.

It doesn't exist.

There is no such thing as free website traffic.

We'll resume our discussion where we left off...

Ezine advertising.

I'll spare you all ofrepparttar 140014 details regarding conversion ratios, etc. since we've already covered that in part 1 of this series.

Ezine advertising is very much a viable way to pay for traffic, but don't use it until you've formulated a profitable ad inrepparttar 140015 PPC search engines. It's important that you know you have a winning ad before spending money on ezine advertising. Use something that's proven to get results.

Cont'd on page 2 ==>
 
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