Top Rated Articles

Wedding Invitations Don'ts

By Sarrah Beaumont | 5 Rating | Published 2009-07-21 18:24:23

Much is already written regarding weddin...
Read more..

Car Bodywork Paint Repair Restoration Techniques - Spray Painting

By Mario Goldstein | 5 Rating | Published 2009-07-22 21:11:32

When buying a car one of the biggest cho...
Read more..

How Do I Make My Home Insurance Company Hurry Up?

By Anthony Peck | 5 Rating | Published 2009-08-07 05:45:36

Is there anything more frustrating that ...
Read more..

Do You Really Need Car Insurance

By Warren Fets | 5 Rating | Published 2009-08-21 03:45:27

There are many advantages to having car ...
Read more..

So What Do You Really Know About Fashion?

By Benedict Smythe | 5 Rating | Published 2009-08-24 15:48:39

Fashion is extremely seductive, slightly...
Read more..

Can You Still Make Money on EBay? By Naz Daud

  in Business | Published 2010-05-10 20:54:13 | 258 Reads | Unrated

Summary

It’s a question that has both been asked and answered by many people But while some people think that making money in this way is definitely over, there are plenty of PowerSellers who would beg to differ

Full Content

It’s a question that has both been asked and answered by many people. But while some people think that making money in this way is definitely over, there are plenty of PowerSellers who would beg to differ.

In case you don’t know, PowerSellers are those people who are consistently selling a high volume and/or high monetary value of goods every single month on the site. If you don’t keep those sales up you lose your PowerSeller status.

But let’s get back to the idea of making money through EBay. Everyone can hop on there and sell off their second hand goods t
o make some extra cash. But if you want to be a proper seller you need to be able to buy at wholesale prices to resell at proper sales prices. So to start with you need to think about how you are going to do this and how you can fund buying your initial batch of stock.

The thing to remember is that you cannot expect to build up a huge business selling on eBay in five minutes. This is what some failed sellers seem to expect though. The ideal situation is to start off with lots of research into what sells and what does not. Choose your niche – the type of products you will sell – and then work out which ones sell the best. These are obviously the best ones to start with as you stand the best chance of making some good sales quickly.

The problem that many beginning sellers have is that they want to take money out of their business straightaway. And yet if you reinvest those profits you can buy more stock and develop at a much faster pace than you would otherwise – build your business!

The fact is that many people have started eBay businesses in recent times and have developed them into big success stories. It doesn’t matter how many people are already on the site with similar products if you offer people what they want at good enough prices. But even if you do build up a successful business there is no guarantee that it will stay that way. You need to be constantly changing and adapting just as the market constantly changes and adapts.

It seems to be that some people expect it to be very easy. They expect to sell a few things on eBay and then turn into a roaring business success overnight. But it is hard work selling in this way. If you think you can spend just an hour or two every single day working at building up a proper business on the auction site, think again. You should also be thinking about how you can develop your own website and make sales from that – without flouting any of eBay’s rules as you do so.

So yes, you can still make money on the auction site. You just have to be prepared to work hard to do it.

Comments

Login to comment

About the Author

Naz Daud - CityLocal Franchise Business Franchise Franchise Advantages Home Franchise Opportunity

About OpenArticle

openarticles.com is an article website dealing with the collection of quality articles on a number of subjects including entertainment, arts and science, medicine, career, classifieds, computers, technology, culture, education, entertainment, health, wellness, fitness, diet, writing, world affairs and many more. Read more...

Follow On

Contact: Contact OpenArticles