In this economic slowdown, would you like to make extra money or build a business selling on the Internet?
Take a look at the 10 simple steps to improve your chances of making money selling on eBay!
I have learned these techniques as a successful eBay Powerseller, selling on eBay since 1998, and I now have over 4,000 positive feedbacks.
Now, I am trained by eBay as an Education Specialist & I can help you be successful on eBay too!
The Top Ten Things You Can do to be Successful on eBay!
1. Research the item: Be sure you know everything you can about the item you are listing, so you can accurately describe it and determine an approximate value. Research the item by doing a Google search.
2. Start with a low starting price. I always start with a $9.99 starting price and have a no reserve auction. This means the item will sell to the highest bidder. Low starting prices encourages participation and bidding. You can protect yourself with a reserve auction for a valuable piece.
3. End auctions on Sunday evenings. I always start my auctions on a Sunday evening around 9 pm Eastern time. (That is 6 pm West Coast time.) That way, the auction will end 7 days later at the same time. That is prime time for people to be on their computers and bidding! eBay traffic proves that’s a great time!
4. Include Important Keywords in the Title. Did you know that your title is critically important to your eBay listing & is the main way people will find your item? For that reason, research all the important words that people associate with this item. Look at other eBay listings to see keywords others have included in their auction listings for similar items.
5. Write a catchy description and include all details. Write as if you were writing an ad—because you are! The description & photos are the only way buyers can learn about the item & decide to buy. Include all flaws or damage about the item. People get very upset & leave negative feedback if you are not honest about the condition.
6. Take great photos. Great photos in good lighting is crucial! Include as many photos as you need to show all the features of the item. Take close ups of significant features of the piece. Make it easy for prospective buyers to get excited about your item! Then they will bid more!
7. Keep Shipping Costs Low or Free. Set shipping prices low. Use the Paypal shipping feature that allows you to print US Post Office labels from home with free delivery confirmation included. The mail carrier picks them up from you for FREE- so no more trips to the post office.
8. Be available during the auction to answer questions. Check your e-mail often throughout the day and evening. People will have questions & they expect timely responses, so answer them promptly.
9. Ship the items as soon as you are paid. I love accepting Paypal, since they handle the entire financial portion of the transaction. Once a payment is in your Paypal account, you can ship, since it is considered cleared. Buyers LOVE it when you ship quickly. That helps encourage positive feedback!
10. Be generous with positive feedback. I leave glowing positive feedback as soon as I ship the item to a buyer. This sets a pleasant tone & the buyer is in a positive frame of mind when they receive their item. Then, they are much more likely to leave me positive feedback!
Go toInternetAuctionDiva.comfor a schedule of eBay classes starting soon, so you can begin making money on the Internet!
Be sure to check out my blog posts on TheDealDivason the Charlotte Observer’s online website for lots of frugal tips and easy ways to save & make lots of money!
If there were 8 simple rules you could follow that would help you build a fortune and a satisfying life, would you be interested to learn about them?
Just in time for Summer reading, I recently came across a very inspiring book written by Dwight R Lee and Richard B McKenzie called “Getting Rich in America“.
I highly recommend this book because the focus of the book is on “ordinary people” like you and me, people of modest means and talents and how they “made it” through simple steps taken without sacrificing their quality of life.
I believe wholeheartedly in the idea that if you want to accomplish something, model someone that has already done it. This book uses real life examples of people that have accumulated enough money to be financially independent and tells you how to do that too!
They went from Frugal to Rich!
Here are the 8 Simple Rules featured in the book:
1. Think of America as the Land of Choices
2. Take Compound Interest Seriously
3. Resist Temptation
4. Get a Good Education
5. Get Married and Stay Married
6. Take Care of Yourself
7. Take Prudent Risks
8. Strive for Balance
The quote from Ben Franklin at the front of the book explains it well. “The way to wealth is as plain as the way to market. It depends chiefly on 2 words, industry and frugality: that is neither waste time nor money, but make the best use of both. Without industry and frugality, nothing will do; and with them-everything!”
So basically, that means work hard and be frugal! If you save your money and invest, it will build wealth!
Look at these thought provoking questions the authors pose to help you on your way to getting rich!
Buy it used onAmazon.com or request it for FREE at your local library!
Want to pay off debt and start to accumulate savings, but you don’t know where to start? Let me tell you about the technique we used many years ago when we wanted to save for our first piece of real estate.
Determine the exact amount of money you want to accumulate per month. Earn that extra money and along with your reduced expenses, pay off debt, then start SAVING and Investing it. Then, Get Rich!
There are so many ways to increase your income that you might not have considered! Keep an open mind!
My Absolute Favorite: Sell on eBaywww. eBay.com There is a market for practically everything on eBay! Clear out your closets, go to Spring yard sales, or offer to sell things for other people and make a commission! I will talk much more in depth about this in future posts and give you tons of ideas to get maximum money for your items.
Check out Amazon. com to see how easy it is to sell current books, tapes and DVDs. Amazon.com You don’t even need to take pictures or write descriptions! Simply enter the name of the item you want to list and Amazon will bring up all the information. Along the right hand column, look for More Buying Choices. Below that it says “Sell Yours Here”. Click that and fill out your info–and the item is listed!
Are you crafty or artistic? Check out www.Etsy.com This website allows anyone to sell their handmade items! I know 2 gals that are making great money by selling their handmade yoga bags, totes, and clothing!
The beauty of the Internet is that you can make money online with NO childcare costs!
Learn how to do something that other people want to know about–then teach others how to do it!! Call community colleges and continuing education departments at local universities, as well as senior centers! That’s what I did after becoming a successful eBay Powerseller! Now, I am trained by eBay & teach folks how to become successful sellers on eBay!
I wanted a website and didn’t want to spend thousands of dollars to get one, so I took training and learned how to build my own FREE website. Now, I teach other people how to build their own Free websites!
There are teachers for everything from painting to auto mechanics to cake decorating. Anything you can think of could be offered as a class! Learn something!
An added bonus of my teaching gigs is I get a gift certificate from the school that allows me to take 2 FREE classes each year! I receive that just because I am a teacher!! How awesome is that? Ask your school- maybe they offer teachers free tuition too! What a great way to learn more skills to make you extra money–at NO cost to you!
Would it surprise you to know that you can buy coupons on eBay that can greatly reduce the cost of buying groceries? Recently, a grocery store in our town offered triple coupons for a week! They would triple the value of any coupon up to 99 cents! What a deal!
The technique I have used to capitalize on this offer makes the process super easy! I signed up for the e-mail version of the weekly specials to be sent to me on the first day of the new week. I then check what they are offering as super deals that week, paying particular attention to the Buy One Get One Free offers. I went to eBay and in the Search Field, I type in the names of the products that are on special to see if there are coupons available.
Recently, I was able to find 10 peanut butter coupons for 40 cents off each, for total cost of $ 1.49 plus 42 cents postage. That’s a grand total of $1.91 for 10 coupons! That’s a $ 1.20 reduction for each jar of peanut butter! I order the coupons from the eBay seller on the first day of the store sale, so they can be mailed to me right away so I get them in plenty of time while the sale is still in progress.
I took these to the store, where my final cost, after all the deductions, came to 30 cents per jar of peanut butter! Combined with all the other coupons I had for other products, I was able to save 50% on my grocery bill!
That’s like someone handing me $25.00 cash that I didn’t have to work for! I will take it!
I accomplished this task in 10 minutes drinking coffee at the kitchen table and you can too! It couldn’t be easier!
Were you aware that your credit score is very important to your financial health? Did you know that the better your credit score is, thelowerthe interest rate when you borrow money?
A credit score is simply a number that represents the risk of lending to someone and is primarily based on credit report information, gathered from credit bureaus.
These days, it is common for mobile phone companies, insurance companies, car dealers, landlords, and even employers to run a credit check to see your credit score. If you pay your bills on time, and pay back money that you have borrowed, lenders see that you are a better risk, so they will give you a lower rate to borrow money. Employers know that people who don’t pay their bills are generally less reliable workers too.
As the the current economic situation has worsened, the Federal Reserve has made decisions that have lowered mortgage rates- especially for people with excellent credit scores, like us. The days of anything goes in mortgage lending are over, and now banks only want to deal with people they know will pay back their loans. As a matter of fact– mortgage lenders WANT to do business with people with great credit! So, protect your credit rating!
We decided to investigate refinancing a rental property and were stunned to learn we could refinance the loan at an amazingly low rate of 4.99%! The best part is the payment will stay fixed at that low rate for 30 years, although we plan to pay it off faster than that, while hopefully the rents will increaseover time, along with the value of the property. Same property, same basic loan amount, different payment.
Lowering the rate saved us almost $ 100 a month on the mortgage payment, which we will apply directly to the principal each month.
Would it surprise you to know that 1.3 million people, just like you, are making a living selling on eBay? Over $100,000 worth of sales are made on eBay every minute. That’s over $ 50 billion in sales on eBay every year!
One of the things I love the most about selling on eBay for Moms (and Dads) is that it allows you to work at home and earn extra income while caring for your children with NO childcare costs.
Not to mention the time you save on commuting and NO expensive work clothes! Think of the money you will save on gas costs, too. The reduced stress of all that juggling is priceless!
An eBay business is a perfect way to increase your income with essentially no investment! There is no factory to build, no staff to be hired! You can earn money and build wealth without any risk.
Are you ready to tap into the over 90 million people registered on eBay in 38 countries? You have access to ALL of them from the comfort of your own home! Try getting that many people to buy your products locally!
When I started selling on eBay in 1998, my husband was skeptical that other people would want this “junk” I had accumulated. As the money started rolling in- he became a believer!
Today, you can sell virtually anything on eBay and tap into the wealth of the world’s largest auction marketplace!
Take a look at the Hottest Selling items on eBay right now. Maybe you have some of them in your closet, just waiting to be turned into cash!
You don’t even need to take pictures or write descriptions! Simply enter the name of the item you want to list and Amazon will bring up all the information. Along the right hand column, look for More Buying Choices. Below that it says “Sell Yours Here”. Click that and fill out your info–and the item is listed!
