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Further
Reading ...
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Home Based Business Opportunity - Darrell Knox
The allure of a home based business opportunity is very strong these days with uncertain economic times and the pressures of working long hours for less pay. More and more people are exploring home based business opportunities to see if they are...
Flat Fee MLS Listings - Is this the future of real estate - Richard Massey
Realtors are all a buzz about this new form of listing houses on the MLS (multiple listing service). Some feel it creates more work for the buyers agent, while others see this as a way to tap into the For Sale By Owner market. It use to be when...
Survival of the Fittest--Building Your Business - Livvie Matthews
With all the other businesses out there you must find a way to market your business uniquely (a “niche”) causing it to stand out from among the rest. Be prepared to work at building your business. You must build relationships with your customers...
What Do Your Site Statistics Mean, Anyway? - Karyn Greenstreet
The purpose of analyzing your web site statistics is to look for trends and to research the success level of your marketing campaigns. The numbers themselves can be misleading, as statistical packages count “hits” in different ways. If someone...
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An Introduction To eBay Consignment
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Written By:
Terry Gibbs
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After I started selling on eBay, I was approached by friends without computers who wanted me to sell their items for them. They had heard stories about the outrageous prices items some ebay auctions brought. They knew I could get more money for them on eBay than they could get selling the items themselves. An added incentive to them was I did all the work. All they had to do is say "I don't want this anymore, sell it for me;" and within a few weeks I converted their castoffs into cash.
I was already selling on eBay, and I had developed a system for listing and dealing with sales that allowed me to list lots of items in a short time. The chance to make a few dollars without any investment was too much to pass up. I made some good money doing this and because I didn't have to tie up my money buying inventory I was able to use it to grow my train business.
Consignment Selling Is The Perfect Way To Start Your Own eBay Business.
There are no set up fees or investments. You won't need to risk your own money buying items to resell. You don't need a detailed knowledge of antiques and collectibles. You only need to know how to find the right category, write an adequate description and take some high quality photos.
Selling on consignment allows you to learn about antiques and collectibles without risking your own money. By selling other people's items you learn the value of items in the most practical way. By handling them and selling them. No matter how many price guides you read, and antique shows you attend, you will never get the feel for items until you sell them.
When you sell on consignment, you provide a service that makes your clients additional money. When most people sell something, they sell to a dealer who needs to mark up the item to make a profit. This is not what happens on eBay.
On eBay the END USER is the buyer and will always pay more than a dealer would. Even after paying a consignment fee, the seller - continued below ...
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makes more money.
This is the true benefit of eBay consignment selling. Finding the END USER. Before eBay this was a difficult and daunting process. With eBay, a simple listing placed in the correct category, with a good description and some high quality photos, is enough to get a few END USERS to fight over the item.
Things You Need To Succeed With Consignment Sales:
1. You need to take possession of the items. When you sell items on consignment you risk your eBay name and reputation. You take these risks when you sell your own items, but you are in complete control of your actions. In order to lower your risks you need to get complete control of the items you are going to be selling. This prevents sellers from changing their minds, and allows you to ship the items as soon as you receive payment.
2. You should always have a written contract. One of my friends was sued by a consignor who felt the commission was too high. The consignor agreed to pay 20 percent of the selling price, then when the item sold for $8500, got upset about paying $1700 to someone for doing 30 minutes of work. While my friend won in court, it would never have gotten to court if he had a written contract.
3. You'll also need to perfect ways to get items. At first your friends and co-workers will provide you with a good stream of salable items. After a while this stream will dwindle and you will need to go out and find consignors. This is not as difficult as it may seem. Remember, by consigning with you, the seller gets more money than they would otherwise.
About the Author
Terry Gibbs is the author of two best selling eBay books "The Auction Revolution," and "The Complete Guide To eBay Consignment Sales." Learn more at his website: http://www.news.iwantcollectibles.com
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Find Your Niche & Follow It - Rob Taylor
Mark Twain once said: “Find out where the people are going and get there first”. With the advent of the internet you can certainly find out what folks are wanting. Being the first at the front of the line to bill them might not be quite so easy....
Don't Use PR... - Robert A Kelly
…lose the confidence of your key target audiences… discourage them from taking actions that lead to your success…fail to achieve your department, division or subsidiary objectives. A sad scenario that should not occur. In fact, as a manager in...
Progress to Success - Nicholas Dixon
It was supposed to happen in thirty days. Buy the ebook with the holy grail to online success and then watch life unfold. But that was several months ago. You sit and wonder what are you doing wrong. You have been over the same steps again and...
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