Thursday, February 28, 2008

eBay's Best Kept Secret - Thursday, February 28, 2008

One of the questions that I get asked most frequently is, "Where can I find products to sell?" My stock answer, "If I told you I'd have to kill you," but all jokes aside, we must first decide on what product you are looking for. It is always best to stick with something you know about, as this makes for smarter purchases and it is important to remember that "you make money when you buy, not when you sell."

What in the wide world of sports am I talking about? If you purchase the product at a good price, then you are sure to make a profit, provided there is a market for your product. Have you done your market research and if not, why haven't you? There are some powerful and comprehensive programs that will do all the work for you and their information is based on eBay's historical data. The two most widely used by eBayers, worldwide, are Hammertap and Terapeak and both do an excellent job, providing detailed seller reports by keywords, categories and even by seller. Great way to check out the competition!

The sources for products to sell on eBay is virtually unlimited and the possibilites are endless, therefore, I will only mention the ones that I can personally attest to. Let's start with the basics, your attic, closets and garage. We all have STUFF that we no longer use, or need. Get rid of it and put some extra money in your pocket! Garage sales, estate sales, flea markets, auctions, trade shows and your local newspaper.

If you're thinking about kicking it up notch, in the words of Emerial Lagasse', then you may want to think about a reputable dropshipper, wholesaler, or liquidator. There are many companies who claim to be wholesalers, but you really need to ask lots of questions before making important decisions about your suppliers. Try calling the manufacturers direct and they will refer you to a local distributor in your area.

When it comes to dropshippers there are only two that I know and trust, Doba and Worldwide Brands and both are eBay Certified Solution Providers. Dropshippers will do all the work for you and even provide you with the photographs and copy for your eBay listings. Once you sign up as a member, there is no cash outlay until you sell the product. Once it's sold, you pay for it and they ship it to your customer with your company name on the package. The profit margins are usually less, but so is the workload.

Liquidators are also a great way to get inventory for your business and you won't have to buy massive quantities to get started. My absolute favorite is Liquidation.com, who is a national company and they have warehouses in most major U.S. cities, so you may be able to avoid the shipping cost by picking it up from their warehouse.

Check out local government auctions by doing a basic internet search. eBay also has many wholesale categories and once you become a Powerseller, you will have access to eBay's reseller marketplace. The list goes on and on, but this should be enough to keep you busy for a while, so please check back tomorrow for another eBay Best Kept Secret!

Wednesday, February 27, 2008

eBay Best Kept Secret - Wednesday, Feb. 27, 2008

Did you know that eBay will pay you $25.00 for every new person that you get to sign up. It's true! It is as simple as signing up for their Affiliate Program through Commission Junction and posting your eBay link on your website, MySpace, FaceBook, Blog, etc.

Imagine getting four new recruits a day. I don't know about you, but I could use and extra $700.00 a week in my checking account! Best thing of all.....you don't have to work for it. This is passive income and just the tip of the iceberg when it comes to earning residual income with eBay and it's Affiliate Program.

Most major companies have an Affiliate Program and if so, they will pay you a commission every time someone goes to your website, clicks on their link and joins and/or makes a purchase from them. Affiliate Marketing is the way of the future and there is no end to the amount of money one can earn as an Affiliate Marketer.....IF, you're willing to work hard.

Affiliate Marketing is NOT a Get-Rich-Quick scheme, however, you CAN get rich if you are determined and have a content rich website that provides valuable information to it's readers. The birth of this blog came after recent eBay announcements regarding major fee increases.

As they say, necessity is the mother of all inventions and I had to find a way to offset my fee increases, so I can avoid the corporate 9-5 rat race. The thought of fighting rush hour traffic makes the hair on my neck stand up.

I first became interested in Affiliate Marketing several years ago, when one of my eBay students told the class about earning $10,000 in three months. The student had three websites and was using Pay-per-Click marketing, which I'll cover at a later date.

After hearing about this amazing opportunity, I began Googling Affiliate Marketing and read everything that I could get my hands on. There are many gurus out there in the world of Affiliate Marketing and I only have a couple of favorites. My absolute favorite is Rosalind Gardner and her Super Affiliate Handbook is the best-ever and extremely easy to read and understand. Her Affiliate Business Blueprint is an e-course and a Must Have if you're serious about making money as an Affiliate Marketer.

Today's "Best Kept eBay Secret" is about earning $25.00 every time a new person joins eBay by clicking on a link from our website. Now what are you waiting for?