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    Episode 2b: Getting the most out of Ebay Auctions

    Episode 2b - Make Money Online

    How to Make Money online  on Ebay! That is another really simple way to get started selling online. This is the continuation of Episode No. 2. In this part of the show I am going to tell you about eBay and why I use them. Ever since Ebay opened their doors I have sold products there on and off. These days I use it primarily to fund my hobby and software purchases – things that I necessarily do not NEED, so I sell some of my old stuff to buy some new stuff.

    Everyone Has Stuff to Sell on Ebay

    Everyone has a lot of extra stuff – things you have not used for years. Go through your office, your car, your shed, and your garage and hunt that stuff down. If you have never sold anything on eBay, just make a little pile of about 20-30 items. Try to pick stuff that you really think people would like. If you are looking to make some good bank on eBay, you might try looking through something you think would be collectible, then look through electronics, old games, baseball cards, old stuff you collected in the past. That is always good stuff but people are always buying that stuff on eBay. You might even have some vintage clothing laying around.

    You can really sell anything on ebay. I have so much extra electronic stuff and old kids toys that I will usually donate it to a thrift store or to some people in the neighborhood who do frequent garage sales just to unload my stuff. From time to time when I want to get that extra toy for myself, I will sell stuff on eBay. So get those items together earn money online because you have to give it a try. Who knows, you might love it and possibly can make it in to a full-time gig.

    Getting Help with Information Products
    There are tons of informational products on how to make money selling on ebay. Just like the Amazonian Profit View system; without that information, I doubt you would be able to take a review site to the level. Paula and Wanda, at the time they created their book were making over $10,000.00 a month just doing reviews on Amazon. They have not been Internet marketers or affiliate marketers for their whole lifetime. They just started doing it, figured out what worked, and kept on getting better and wrote a book on it. It is less than 100 bucks, and it is great information.

    The thing about eBooks and why I buy them is that you can spend all the time in the world doing research on the Internet. If you are thinking about doing affiliate marketing          work from home or you have been an affiliate marketer, you could easily volunteer that trap – that hole – doing way too much research.

    If you really want to get things done and make money and have an edge above the competition, it is worth spending 20, 30, 50, a 100 bucks to get that edge and to learn from people that have done these things and make a full-time living off of it.

    I used to do tons of research and I would procrastinate. There would always be something slowing me down until I started really trying to focus my energy on it. A few years back I heard someone mention that if they got one little nugget of information out of an eBook that they did not know before, or might never come across, it is well worth the cost of the information product.

    It made complete sense to me and really hit home. I do not just go out randomly and buy all these eBooks. I do a fair amount of research when it comes to affiliate marketing earn money online . I stay up to date on what is selling and what is working. I listen to podcasts with really good internet marketers that do reviews as well.

    There are a bunch of forums on the Internet that you will eventually come across. Some will teach you how to make money on eBay. I will tell you about them as we get to that point. There are even places where affiliates will review an affiliate’s products. You can a lot of really good information that way. If there is something that is working really well, like the Amazonian Profit Plan, you just have to give it a try.

    Anyone Can Make Money Selling On EBay
    Let us get back to the eBay stuff. Mark Ostrovsky, author of the affiliate marketing bible, “Get Rich Click,” mentioned that anyone can get started on eBay these days. He had a unique perspective; You can go to a local business and find items you believe people in other areas throughout the country or world would be interested in buying.

    Take a picture of that item and post an auction up on eBay. As long as that supplier is always going to have that item, you can start selling those products. You could eventually work out special deals with those people that are selling those products and get them for less money so you could make more money online . There are a lot of different ways to make money selling on ebay. If you are trying to learn how to make money on eBay, keep watching!

    I have heard of people selling stuff from thrift stores. I sell stuff occasionally that I find at swap meets and garage sales. The other day I was walking around the neighborhood with my kids and there was someone selling this big box of old books. I decided to check them out. They were leather bound and looked kind of cool. One of them said “Magazine of Art 1887” and it was a whole series of books with art in them from around the world. I thought they would really be cool to check out and have my kids look at as well. There were a lot of really neat pictures in there, and it explains about the different art, artists, and museums throughout the world.

    I did not know how much he wanted for them at that time. I decided to do a quick little search using my Smart Phone. I went to eBay and I searched for ‘Magazine of Art 1887’. I think at that time there was one with a few bids around $24. Then another one I found on Google that the guy was selling one for around $75.00 (not even the whole series). I figured they were cool and I really wanted to check them out. I was hoping I could sell them for like $35.00 each book. So I asked the lady, “How much do you want for this box of books?” and she answered $2.00. So I bought them. Every once in a while I list them for sale on ebay. Most of the books were in good condition and the first time I tried doing the eBay auction I just kind of threw it up there. I put them all up for $300.00 and did not get any action. Then I put them up for sale individually and sold them for $25.00 each. I still have three left. You will be surprised at the different things you can find and sell on ebay.

    I recently came across a great eBook that really focuses on being an eBay PowerSeller and how to make money on eBay.

    EBay Fortune – the eBook
    I just read a new eBook and I wish I would have had this information back when I was selling a lot of stuff on eBay. It was not available at the time. No eBay powersellers were sharing their information at that point, but Tom Barnes has been an eBay powerseller for a long time now. He has been doing eBay for over ten years and he decided to write a little informational product  make money online about how to sell on ebay and sell that product on eBay as well and teach other people how to really make a bunch of money by using eBay.

    Selling on ebay definitely is not dead. There are a bunch of tips and techniques that he gives in his new e-book called eBay Fortune and I really recommend this product if you are thinking of selling on eBay. You do not have to go out and get it right away. I really suggest pulling together a bunch of stuff that you are looking to sell anyhow just so you can get that extra money to buy hosting for a year, maybe some hardware, maybe some software like Market Samurai and to get those ten first positive feedback points.

    Then you will get your star and you will be a trusted seller. You really need to get that feedback before you start trying to sell those high ticket items. Tom Barnes will tell you about getting started and since you are new to selling on ebay, what you could do to overcome your buyers being worried about you having like no feedback points. There are some tips and techniques that he shows you that will help your buyers fears or hesitation. This book will really help you learn how to make money on eBay.

    There is an eBook for Everything
    There are a lot of different ways to make money online. I recently heard on Pat Flynn’s passive income podcast he was talking to some guy and he sells only Legos on ebay. This guy makes over $100,000.00 a year just selling Legos. When I was doing my research a few months back, I was trying to increase the sales on ebay. That was my initial goal – just to increase the amounts that I was getting for the products that I was putting up on eBay.

    I was thinking someone must have written something about this. There are tips and techniques for everything you do on the Internet. You do not want to waste your time on research. I quickly found that out, and if I can buy someone else’s information, purchasing their knowledge, their experience, their expertise in that area, I’m going to do it. So I bought Tom Barnes’ book. It is less than 50 bucks, and it really put an edge on my listings. I finally figured it out. Before I was always questioning whether I should list this at a penny, should I list at $5.00, should I list it as a ‘buy it now’ type listing. His ebook really takes the guess out of the game and you will make more money with it – at least I did.

    I was trying to unload an old Atari 2600 with like 30 games that I just bought at a garage sale. I bought the whole thing for 10 bucks. You could do this anywhere. You could go to garage sales and sell that stuff. If you are all into the storage wars show on the discovery channel, those guys sell stuff on eBay left and right. If you were into the storage container purchasing, ebay is a great way to unload stuff that has really good value.

     

    Collectible sales go through the roof on eBay. You can sell anything. You can sell Legos. There is even an eBook on just selling Legos on eBay. I have not bought that one but I will probably get that one next. I have a lot of Legos! There is an eBook on just buying stuff at Big Lots. I don’t know if you have a Big Lots in your area but I have one within walking distance of my house, and they sell closeout items and things like that. I have often seen a few things that were on closeout that was really below market value. I thought I should buy it and sell it, but I did not. I really don’t need another way to make money online right now. I mainly sell on ebay to buy my extra hardware, new computers, iPods and stuff like that. I did not want to focus on starting an eBay business again. There is even an eBook on buying stuff at thrift stores just targeting that area. There are many different aspects that you can take this. But first you have to learn how to sell on ebay.

    How to Make Money on Ebay for Beginners

    He really wrote the book for the beginner, but intermediate sellers on eBay will learn a thing or two. I would have considered myself an intermediate ebay seller, but the tips and advice that he gives could really bring you to the expert level. He wrote about something I did not even know about. It is called the “wanted now” section. People that want an item will go and make a post here and you could try to find it for them and sell it to them. Even better if you already have it; just turn and sell it to them right then. I never even knew of this section. He writes about how you can use eBay stores for doing upsells and get return customers, how to negotiate with sellers and suppliers to get better deals.

    There is the art of negotiation and he gives you simple tips on how to get better deals. He even gives you photo-taking tips. I am not going to go into the details of what he said because this is his product and his information. I am just going to give you a quick breakdown of the highlights that I found were really valuable to me:

    • how to look up average selling prices of items before you list it : do not list it blindly
    • the different ways to list your product
    • the different listing options
    • tips on what to do and what to avoid when posting
    • when to use the auction-type format versus fixed-type format
    • auction links for different products
    • where to find listing specials and when to take advantage of them

    Thanks for watching this episode, it continues on to the 3rd and final part here: Episode 2c – Selling on Ebay Finale

     

    Thanks again for visiting, now go make some money!

    Bryan Knowlton

    Producer – Your Boss Blows

     

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