In this business, profits come from commissions you earn from auction listings you place on eBay and other auction sites for your clients. In most cases, you should charge a 5% commission. In order for you to make your commission, item must sell. If you are able to create winning auctions with a total of $40,000 a month for clients, 5% commissions total $2,000 a month.

Profits would depend mostly on:

Your ability to find people who want to use your auction listing service.

Your ability to write good eBay auction listings.

Your ability to know what items are good candidates for listing on eBay Equipment Needed

To do this project, you will need:

Digital camera to take photos of items to be sold on eBay.

Laptop computer to use to find customers.

Internet connection

Project Startup Costs

This project is designed to work in your local area. If you already own a digital camera and laptop computer, and have an internet connection, your only other major investment will be your time. No other expenses are involved.

Keys to Success

There are three key elements to making this business successful.

First, you have to introduce your services to people who have items they would like to have sold.

Second, you have to present your services in such a way that potential customers are happy to pay you to do it for them, rather than do it themselves.

Third, you have to be able to create successful eBay listings that will generate bids and your profits

Getting Started

Getting started in this business is quite easy. For example, contact local organizations and groups that need speakers for their weekly events. Let them know that you would love to do a 'show and tell' to their group, about how to buy and sell items on eBay auctions. Mention that you can bring a laptop computer and a digital camera and will show exactly how it is done.

When first starting out, go for smaller, more informal audiences. Choose to speak at senior citizens center, or at retirement activity centers. You want to gain practice with your presentation, before you go on to speak to business associations (Rotary, Chamber of Commerce, etc.)

Needless to say, when you do these presentations, dress and act like a professional. Make sure room where you will be speaking has an internet connection, and borrow or rent a LCD projector so you can display output from your computer to a screen large enough for everyone in audience to see.

The first step is to contact person in charge of asset disposal. There are many different names for this department; such as liquidation, closeout, salvage or scrap department, and one or two key people usually manage it.

You may have noticed that most large companies do not clearly list any phone information on their website. There is a simple reason for this; it costs money anytime a live person has to answer phone. These companies would like you to go through their website; and truth is that 99% of information you need is on their website.

If company has an 800 number, it is still like going through a maze to find someone who can help you. Since we are on search for person who handles liquidation, salvage or closeout department, we need a different approach: