Wednesday, May 23, 2012

How to get Rich with Ebay


How to get Rich with Ebay is a little more difficult these days because the fees and taxes take a bite out of your profit but a lot of people still manage to become Power Sellers on Ebay.  You'll want to shoot for "Silver' Power Seller which means your making $1000 dollar income and minimum of 4 items listed a month.  To sell on ebay is simple, you take a picture and list it! One the the best things about ebay is your appealing to a Nationwide or worldwide marketplace for others to bid on your item and if listed correctly you can spend ZERO dollars listing the item maximizing profits! 


What You will NEED:
Ebay account
Paypal account
blogger account via Google
facebook page (comunilty disscution)
allibaba account
USPS account via Paypal

 

If your looking to make money from your laptop and considering ebay go for it! I'm going to teach you a way to get around listing fees and insertions fees and to aply some basic seo to your listing create organic visiblity for anyone in a similar category to at least click on your listing just to view.....


Ebay has an algorithm that ranks items for sell higher upon relevance so if your product has keywords in the tittle it should sell well with little effort long term.  Now you want to find a niche item to sell on your ebay account.  Start out with a smaller item, looking into your local shipping rates to see if shipping in your state or country or all over the world would take a big persentage of your profits.  Always look for item you can sell on ebay that you can get a least 1000% increase on price and what i mean by that is buying an item for 10-50 cents and turn around and selling it for $1-$5 dollars.  Slowly building an eye for what sells and what is junk is going a learning curve for you but you only learn from trying.


Listing your item
Listing your ebay item can be a bit tricky but this the way I upload multiple picture in my ebay listing free and add a lot more editing features that ebay does not provide.
  1. I create my ebay listing first in my blog as a post and use all the tools from my blogspot in a new post just create it the way I want. When doing this awalys add the note ="if your viewing this from a app you might not see the following pictures, log on to a laptop or tablet browser to view pics.
  2. I make my listing in blogger then switch format in the blog to {Edit HPML} and copy and paste the entire html code in my ebay auction where HTML is allowed and BAM!
  3. I list all my items starting at .99 cents and free shipping to get at the top of all ranks within my catagory.
  4. Use all the spaces in your item tittle with relivate key words to wasted space!
  5. Try to post all your active ebay listing on your social media sites for impressions daily!
  6. Try to find bulk items and create mulitple listings for item, you can choose "good til done" and your item will stay listed untill you sold all items
  7. Always look to see if your item is currently avalible and list 2 days before that item ends!
  8. You can find templates on google and just save it and customize it so it can be ready at your convience.
IMPORTANT: Once you understand how to sell on Ebay!

It is very important to do ebay in this certain way to free up your time to only check it 1 hour a day to just check your summary to print out shipping address labels.  listing item daily can average out to 30-90 bucks an hour is nice but having buy now listing for $30-$90 profit margin for each item and having no less that 500 items available for sale....sounds like about 40 grand of merchandise that you make a 5:1 ROI.  Finding that right product will be a challenge but presistance pays.  Using a site like allibaba.com will put you in direct connection via email with wholesaler is China, Brazil, India and U.K. here you will be able to see inventory and products. (most of the deals you want to find are items that will light but expensive ie laptop charger for popular model or cell phone screen replacements for iphone 3gs and iphone4.  Both item are lite and can be resold for profit if purchased in wholesale directly from the manufacturer. Lets cut out the middle man!

This process will inevitably result in you getting rich with ebay! 

Great Places to find items:
  • Yard/Estate Sales
  • Creigslist items for free (bookmark this )
  • Newspaper clasifyeds
  • Goodwill Stores
  • Thrift Shops (ask what days the sales are, some have up to 90% off certin things)
  1. Always Be on the LOOKOUT for your next item to flip on ebay
  2. Never diclose that your selling it on ebay unless you want to create competion
  3. Make something by hand to keep 100% margin profit (ei. book stash, book safe) 



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