Selling On eBay (Internet Business)

If you're trying to make money quickly online, selling on eBay is one of the easiest, straight forwards and direct ways to get started.

After all, eBay sells over $60 billion worth of products every year and serves over a million people buying and selling every day, so it's almost like having a direct route to automatic traffic and sales.

Getting started selling on eBay is easy because they actually give you the platform for selling your products, there's no guess work for how to create a site or figuring out how to set up a shopping cart, eBay does it all for you.

Getting set up is even simpler with their easy to follow tutorials. Simply create an account and follow the instructions and you're on your way to selling and earning online.

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prostores

Selling on eBay Starts with Profitable Products

If you're trying to figure out what to sell on eBay you can certainly sell stuff you have laying around the house, or you can try your hand at buying products from a reliable eBay wholesale dropshipping supplier. 

 If you're really stumped on what to sell, have a look at eBay's "What's Hot List".  This is a list of the hottest selling items on eBay which also clues you in on just how well the items sell, very helpful info.

 

Effective Selling on eBay

Because eBay is such a popular and trusted platform you have a big sales advantage.  Additionally eBay goes to great lengths to get you set up with a store and help you make the most sales you possibly can but as with any store, online or off, using effective selling and promotion strategies and techniques will be to your advantage. 

 Here are a few things that will help you.

• Use Relevant product descriptions. Use relevant and descriptive search terms in your listing's title.  

For example, if you are selling wooden walking sticks, a listing titled 'walking sticks' will draw fewer targeted buyers than a title that says 'historic wooden walking sticks' or perhaps 'carved wooden walking sticks'.

Being as specific as possible will help you better appeal to the shoppers that are most likely to make a purchase.

• Try adding a video to your eBay auctions. You've heard the phrase, a picture is worth a thousand words.  Try using video in your eBay auctions as well.  There's no extra cost to use video in eBay and it's easy to do. 

Keep it simple. Don't make things complicated if you don't have to, a simple video will do.

Demonstrate your product and describe what makes it unique. Let your viewer get a good look at how it is made and what condition it is in.

Include the features but also include the benefits you product can bring to a customer. In other words, how will your product make someone's life better or the task at hand easier.

  

Shipping Considerations When Selling on eBay

Good shipping practices drive customer satisfaction. It improves your ratings and helps ensure buyers come back.

That means always over-deliver on shipping promises.

For example let's say you promise a buyer they will receive their items in 5-7 days.  You can over-deliver on their expectations by getting their item to them in 3 days.

That always makes an impression on a buyer. They get their items sooner than they anticipated and you just became a hero.

Additionally always know how you will be shipping your items before you even list them. You will avoid the end-of-auction scramble and you'll be much better prepared to get the items out the door faster.

See the eBay dropshipping survival tips

Accepting Customer Payment

Avoid payment headaches and use PayPal when selling on eBay.  It's actually the one payment system that's most used and trusted on eBay.

Beware of various money orders that people sometimes use. There are U.S. money orders that can only be cashed at a U.S. Post office, not a big deal but if you're not expecting that, it could be a hassle to deal with. 

I'd suggest avoid accepting money orders altogether and simply stick with PayPal, it's safer and it's easy.

Selling on eBay is one of the easiest and most trusted ecommerce business ventures on the web. As you can see it's easy to get started, easy to maintain and because eBay is a trusted online platform, it has built in traffic and awesome sales potential.   

How To Get Set Up on eBay

I personally like eBay ProStores. They are an eBay Company designed for small sized businesses making it easy to sell products and services online through a fully customized Web store.
Selling on eBay is super easy with their step-by-step wizards that will help you design the look of your store, upload products, and set up shipping and sales tax information. eBay Pro stores also includes the following which takes the guess work and technical stress off of you.

• Domain registration and hosting
• Shopping cart
• Secure, SSL-encrypted credit card processing
• Integration with eBay and PayPal
• Marketing and Merchandising Tools
• Product catalog

Thx:. www.homenotion.com

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Opportunities Business Opportunities

Seeking the right business opportunity.



A Google search for the term 'business opportunities' returned over 750 MILLION results - which one suits you?



Looking for a genuine business opportunity that will suit your skills, fit your budget and give a realistic chance of earning a living (let alone make you rich) is a mammoth task and one that you should be taken slowly and carefully.



Top Ten Tips.



1) Take professional advice

2) Pick an industry that is 'on the up'.

3) Ignore any opportunity that asks for money 'to tell you more'.

4) Pick a business that suits your skills or a subject that you love.

5) Research thoroughly BEFORE parting with any cash.

6) Question who is really going to make the money - you or the person selling you the 'opportunity'.

7) Don't borrow more than you can afford to lose.

8) If you are buying an existing business - ask an accountantto analyse the accounts - don't rely on your own intuition to save money (unlsess you are an accountant!).

9) Don't believe everything you are told - it may be true but is always worth double checking!

10) Anything that sounds 'too good to be true' will be!



Buy a business?



Buying an existing business is a good way to leapfrog much of the set up process. Although the cost of purchase may be higher than if you started from scratch, you do gain a trading concern from day one and should be able get a realistic idea of the potential turnover/profits from the audited accounts.



Top tip - if you like the idea of buying a business, Daltons Weekly and Exchange & Mart have a vast selection of opportunities advertised every week. Over 30,000 business are also offered for sale at: www.businessesforsale.com



Buy a franchise?



Franchising is the granting of a license by one person (the franchisor) to another (the franchisee), which entitles the franchisee to trade under the trade mark/trade name of the franchisor. The franchisor will receive an initial fee from the franchisee, payable at the outset, together with on-going management service fees - usually based on a percentage of annual turnover. In return, the franchisor has an obligation to support the franchise network, notably with training, product development, advertising, promotional activities and with a specialist range of management services. For more information see our Franchise section.



Business Opportunities Articles



Opportunities How to find the best home business opportunities
Since companies have started downsizing their workforce, more and more people are looking for ways to work and earn from home and start their own home based business.

Opportunities Business Opportunities
A Google search for the term 'business opportunities' returned over 750 MILLION results - which one suits you?

Special Thx : Seeking the right business opportunity.

10 Ways to Improve Your Business Operations

Every new day gives you a chance to move forward from your present situation. You can improve your business on a number of fronts: by increasing profits, reducing losses, getting more customers, expanding the markets, becoming more visible in the community, going public or a number of other items deemed desirable.




1. Start the year in high gear. Take a notebook (or a laptop or PDA) and jot down your thoughts and plans for the year. It's the time to get excited to the prospects of this New Year! List down ideas on new product lines, or new projects that you want to take on. Write down your ideas on how to expand and energize your business. Only through innovation and continuing adoption of relevant new products and ideas can your business improve its competitiveness and profitability. Start the ball rolling with financers, lenders and bankers if you need to take on additional capital.

2. Dust off your business plans. Review, review and review your business plan. See how far (or little) your business has taken shape from your original idea. Many entrepreneurs write a business plan at the start, only to forget about it. Some stray away from their plans - and fail. Go find your business plans and update it. Since your business' inception, a number of factors must have changed - from the overall business climate to your product line. Take all those changes into consideration, factor in your and your family's goals, and get a clear assessment of the direction of your business. Get in touch with your business advisers, if any.

3. Rekindle your relationship with your customers. The start of the year is the perfect time to tap your customer database and get in touch with your existing customers. Whether by phone, email or letter, contact your customers to greet them "Happy New Year!" and remind them that your business is ready to serve them this year. You need to constantly look for ways to encourage repeat business. Although marketing and advertising are important to get more customers, quality, service and customer satisfaction are what keep a business successful in the long run.

4. Evaluate your pricing. Think about raising your rates. Now is the appropriate time to inform clients that your rates are going up. Just be sure to check out what the competition's doing and make sure your prices or rates aren't too low. You don't want to overprice yourself out of the market, yet you should not bear the burden of a cash flow shortage. Give your customers a month or two advance notice should you decide to increase your rates.

5. Find ways to cut your costs. Even if you have secured funding from investors, you need to constantly look for ways to reduce your costs. From making double-sided paper copies to ordering shipping supplies in bulk, you can reduce wasted material, effort, and time in making, selling, and delivering your product. The result is an improvement in your company's bottom line and an increased competitive advantage.

6. Resolve to improve your weak spots. Take stock of all aspects of your business operation and list down the areas that you want to improve. If your list of delinquent receivables is longer than Santa's list, find out how you can improve your billing and collection process. Perhaps you need to improve your record keeping to help flag you on delinquent accounts.

7. Institute measures to assess the performance of your business. Setting clear standards for your business allows you to determine the effectiveness and efficiency of your strategies. If you haven't done so in the past year, start determining how much you are making per hour of work, how effective your advertising is, and some other measurements of where your business has been. Set some benchmarks and periodically assess how your business is doing. You need to know what you consider an improvement before you can start to improve on it.

8. Keep employees involved. Good employees are hard to find; yet they are an important element in your business. Check to see if they are getting what they need and make them part of the team. Help them understand the importance of their role in your business and how their job impacts the business as a whole. Review your relationship with your employees and find ways to keep your relationship happy and avoid costly attrition.

9. Explore new markets or improve marketing. Start the year by exploring new markets for your business. Whether you are looking at targeting a new demographic or getting your business up on the web, take time to plan how you can expand your existing market. Look for ways to improve your marketing, whether by winning easy publicity, arranging an open house or preparing direct mails.

10. Find out how you can live a more balanced life. Work and business are not the be-all and end-all of your life. Learn to have fun! Spend more time with your family. Take a vacation once in a while. Engage in activities that will rejuvenate your spirit and your life. Take care of yourself, and your health. Your productivity and focus will improve if you are stress-free and healthy.
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