Starting an eBay Home Business
Do I need to explain what eBay is?
If ‘Yes’, where have you been living for past 5 years? On Mars?
EBay is world’s largest Internet auction site. There are a reported 30,000,000 users, but that number has probably increased in time delay between me writing this article and you reading it.
There is no doubt that eBay is a fantastic place to find bargains. There really doesn’t seem to be any limit to what you can find and buy there. I’ve seen websites sold for 8 million and real estate going for $12,000,000.
That’s some hefty stuff!
But did you know you can get a cut of that action? eBay has created more home businesses than any other event in human history, and to think, only a short while ago Internet as we know it didn’t even exist.
To become an eBay seller all you need to do is register as a seller and then put up your product for sale.
However, that is an over-simplified summary, here are a few considerations you must ..err..consider: •What products will I sell? •Where will I find my products? •How much will it cost me to sell each product (price of product + eBay listing fees)? •Where in eBay will I list my products? •What will I say in my ad? •What starting bid should I choose? •How will I process payments? •How will I get product to buyer?
Let’s look at each of these questions a little closer.. •What products will I sell? Choose products that are in abundant supply (because you can sell more and not waste time searching for them) but not readily available in your local Walmart (unless you can sell them a lot cheaper).
•Where will I find my products? Find a supplier that can provide products you want at a good price. Not as difficult as it sounds, read http://www.007workfromhome.com/drop-shipping-course.htm to learn more.
•How much will it cost me to sell each product (price of product + eBay listing fees)? When creating your ads (eBay listings) you will notice there are different listing options that have different fees. But you must be sure that at end of day, you are left with a profit after listing fees and product cost.