A Better Way To Profits On eBay ~ Blog For Bloggers

Sunday, September 2, 2007

A Better Way To Profits On eBay

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Everyone knows that eBay is ideal for buying and selling items. But, did you know that there is an even easier way to earn, big time, on eBay?

It can be done via a drop shipping web site and order line. You buy a ready made website and either use it or sell it on again, via eBay, only for a higher price than you purchased it.

Buy low, sell high.

To get in on this little known act you’ll need to dig deep into www.ebay.com the American Internet version of eBay.

On the left hand side of the home page you’ll see a heading ‘Categories’ where you’ll need to click on the ‘Business & Industrial’ link (about the sixth link down from the top).

That will take you to a whole page of links to even more categories. You’ll then have to look in the bottom right hand corner of the page under ‘Other Industries’. You may need to scroll down a little to view this section.

Click on ‘Websites and other businesses for sale’. This will take you to the first page of many where you can view all the websites that are available to bid on.

At the time of writing there were over seven thousand sites for sale.

You can pick them up for just a few pounds each, don’t go for those that are thousands of pounds each just yet … you’ll need some practice at first.

Have a real good browse. See what’s available and visit some of the sites to see how they operate. Also read the terms and conditions of each auction you’re interested in so that you know exactly what you’re bidding on. Many sites are under a ‘Buy Now’ logo which means you don’t need to wait to see if your bid is high enough, you literally, buy NOW, usually for a very low price.

Once you see a number of website businesses that you feel you’d like to bid on, mark them down in your ‘Favourites’ on eBay, this will keep an eye on it for you and let you know when the auction is closing. If you have any questions about any site, simply ask the seller by clicking on the appropriate link and they should reply promptly.

Meanwhile, if you have not got a PayPal account, open one. It’s free. www.paypal.com or www.paypal.co.uk for everything UK-ised, if you’d prefer.

PayPal will allow you to accept credit cards (sales can increase by up to 800% when you can take credit cards) and everything is converted from US dollars to pounds sterling for you, automatically, when selling or buying on eBay.

Pretty well everyone who buys or sells on eBay has a PayPal account and you should too. It’s safe, secure and instant.

When looking for a website to purchase, make sure it’s about a subject you’re interested in. It’s no good selling Christian books if you aren’t remotely interested in Christian books. However, if you’re just buying to immediately sell on, then that’s fine if you’re confident that people will bid for it.

Check any sites that you purchase are working perfectly before you sell on.

Also, watch out for sites that charge you a monthly fee to keep your service going. Rather, buy sites that are a once only payment and nothing else to pay. You may only get a commission of, say, 50% on each sale of an item but at least you don’t have to part with more cash.

The sites that are ideal to start you off in business are dropship businesses. You are not responsible for the inventory or the delivery of goods … it’s all up to the Prime Source to do this on your behalf. Once you make a sale, simply pass the details on to them and they’ll process the order for you.

Visit http://www.business4anyone.com. This site would be good to subscribe to if you’d like to become an affiliate in things ‘home business’. You would get a site exactly the same but you would own it. This particular one is mine and I can choose any domain name I wish to advertise it and then redirect my customers to the one above .. which I plan to do very soon. It’s brand new and I’m just starting to promote it.

Having a site like this is the idea way to run a business if you’re not able to build your own website or print books or make software etc.. This is ALL done for you by the Prime Source. Visit the above link, take a look around and see what you think.

You should have your own PayPal account so that any orders received will be paid straight into your PayPal account the next day. You can, literally, earn money while you sleep.

Obviously, you won’t earn any income if nobody knows your site exists but the marketing techniques that you’ll need to drive people to your site are supplied when you buy it. There are useful articles, free software and plenty of ‘how to’ reports to help you.

Advertising in this publication will also help, of course.

At the time of writing it was around three hundred dollars to buy this particular site but they often have special offers so, take a look around, and see what you can find.

Once you’ve paid this start up fee, you never have to pay anything again and you’ll earn between 50% - 75% of everything you sell.

The above website is for you to keep and run yourself but, by looking at the auctions on eBay, you’ll be able to find similar sites where, instead of keeping it, you simply re-list it on eBay and sell it at a profit.

Finally, you may want to purchase a site but create your own product to sell from it. This is a great way of earning 100% of everything you sell … it’s your product so you keep all the money. Allow others to affiliate to this site and give them, say, 50% of their sales. Other people will have lists of customers that you’ll never reach but, through them, you can. Think of the extra earnings by doing just this.

Google ‘Pay Per Click’ ads and setting up auctions for your product on eBay are other ways to earn quickly and efficiently.

There are many ‘hidden’ extra ways to earn a living via the Internet and this is another one of them…. but don’t tell anyone, it’s your secret way of getting in and making the bigger bucks. Your neighbours will wonder where you’re getting all your money from.

About The Author

(c) 2006 Martyn Brown: 20+ years in home business industry.

For details of free magazine and business tools visit: http://www.workinghoursmagazine.co.uk

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