| If you are a newbie to making money on eBay, here | | | | 3. Finding the products to sell. You need to know |
| are some quick and easy steps to kickstart your eBay | | | | where to get the products to sell. If you have old junk |
| empire. You can make a real living on eBay, so let's | | | | that you do not want, you can consider selling them |
| get going! | | | | away. However, if you intend to make it big, you need |
| 1. Have a business plan. Just like in any other business, | | | | a good resource to find cheap yet reliable suppliers. |
| you need a gameplan to fight your battle. Here are | | | | 4. Market your products. You can choose to advertise |
| some details that you should include in your business | | | | online or offline. Here are some suggestions. Google |
| plan.a) What to sell on eBayb) where to find the | | | | each of them to find suitable advertising grounds. |
| products to sellc) how and where to market your | | | | Online:a) traffic exchangesb) safelistsc) leads |
| products - offline or online? Who is your target | | | | generation sitesd) article marketinge) paid-to-click or |
| audience?d) how to deal with customers - dealing with | | | | paid-to-read programsf) social bookmarking sitesg) |
| positive and negative feedback, how to get repeat | | | | social networking sites |
| sales.e) shipping details - postage rates to different | | | | Offline:a) flyersb) newspapers (I have not tried this |
| countries if you intend to ship internationally.f) money | | | | before though)c) word-of-mouth - tell your friends and |
| management - how much cashflow do you have to | | | | family and ask them to help you spread the word. |
| buy products, advertise, etc.g) time management - | | | | 5. Re-invest your earnings. If your customers are |
| how much time can you spend each day building your | | | | happy with you, they will come back for more. Buy in |
| eBay business. | | | | more products and try to expand your business. If you |
| This might sound tedious, but it's all part of building a | | | | are doing really well, you should spend more time and |
| business. If you want to succeed, you have to do it | | | | tune up your advertising budget. Employ some people |
| good and proper. | | | | if need be. |
| 2. Research on your products and your competition. | | | | Once you think you are doing well, you might want to |
| Find out how popular your product is, and how many | | | | sell on eBay full-time. We do know that there are |
| people are selling the same product. If there is too | | | | many people who have successfully made it on eBay. |
| much competition, you might want to consider selling | | | | Given the right guidance, you will be on your way to be |
| something else. | | | | the next Powerseller! |