Your guide to buying and selling on Ebay
24 Aug
Here’s how to set up a drop ship business on eBay!
Steps
1. Select your Niche Market. Copy & Paste this link into your webbrowser & select your market (e.g. “Antiques & Art”) http://listings.ebay.co.uk/_W0QQfclZ3QQsocmdZListingCategoryList
2. Set your financial goal (i.e. Create $300 a week in profits).
3. Set up an eBay Seller account. Copy & Paste this link into your webbrower http://www.ebay.co.uk
4. Do eBay Research.
* Go to eBay
* Click “Advanced Search”
* Enter product within your Niche Market (i.e. Art Deco lamps)
* Sort by “Price Highest First”
* Select “Completed listings only”
* Click “Search”
* Make note of the best selling products
5. Go to the web to find an online distributor. Go to www.google.com and search for one of the “hot selling products” you discovered in STEP 4. When you find a website selling the same or similar products, make note of it in your Drop Ship Journal (url, email, telephone #, contact name).
6. Keep doing step 5 until you have a list of 40 websites that have products you want to sell on eBay.
7. Establish an account as a retailer with the online distributor (website). Get the “contact information” and either email or telephone, or send a letter asking how to become a retailer of their products and ask if they will drop ship to your customers.
8. Copy and paste product picture and description from distributor’s website to desktop. Once you have set up a retailer account (See Step 7) you need to go to their website and copy the pictures and description of the products you want to sell on your desktop (e.g. create a folder on my desktop for each retailer and then create a sub-folder for each product).
9. Create eBay listing on Turbo Lister. You’ll be using the images & descripions you got in Step 8 and upload to eBay.
10. Answer the customer’s emails.
11. Once your customer purchases the item from your eBay auction, you simply contact the retailer & give your customer’s shipping address.
12. Distributor sends product directly to your customer”: You never, never, never have to see or handle the product! It’s like magic!
13. Post auction review: Here you’ll evaluate your profits/loss for each auction and either change your approach or if it’s working and your making good profit - carry on doing what you’re doing
14. Relist every Sunday at 8PM religiously as if your life depends on it! Create a folder in Turbo Lister called “relist folder” and make certain you put all your auctions in the folder (taking out the ones that didn’t make money) and relist every Sunday at 8pm.
Tips
* Before you do anything, get a Journal and write, “My drop ship business on eBay Journal” on the front. If you’re serious about taking action — instead of just reading, then get your journal now. Immediate action is the secret ingredient to success in any area of life. Now you’re ready to roll!
24 Aug
Buying SIM cards on eBay is brilliant, because you can save money, and usually get deals you wouldn’t find elsewhere. This guide will give you some basic tips on finding the cheapest SIM card out there.
Steps
1. Decide what network you wish to be on (e.g, o2) and what tarriff (e.g, o2 online). Enter this in the basic search box at the top of every eBay page.
2. Note the postage costs. A standard o2 SIM card can be posted for 46p, plus a few pence for the packaging and time, say 60p-80p is a fair amount to pay. To avoid checking every listing, simply click “Customize my Search Results” and make the “Postage” columm appear alongside the actual price, that way when browsing results you can see the postage costs aswell.
3. Consider avoiding the auction. Bidding on SIMs is easy enough, it’s just like any other item, but if you really want to see the quick deals, click “Show buy-it-now items only” on the left. Then, you can choose to sort from low to high priced items. This way you’re seeing the cheapest items that can be bought literally within the next few seconds (no waiting for auctions to end). Remember, as a general rule: The lower the cost is, the higher the postage is.
4. Purchase like any other eBay item, and wait for your SIM card to arrive in the next few days!
Tips
* Is the item new? A used SIM may be cheap, but you don’t want the seller’s contacts on there, or people with the number calling you!
* As always, reading feedback is essential when buying on eBay.
Warnings
* When buying a gold/platinum SIM card, is the full number posted in the listing? If so, avoid! Many companies will add this number to mailing lists, etc. - Make sure at least one number has been censored.
24 Aug
Don’t be dumb, save money when using eBay!
Steps
1. Determine the retail price of what you’re looking to buy, call a couple local stores, do a search on the internet to check other internet sites that sell the same items you are seeking, find the lowest retail price possible and use the prices you find as your guide. Time spent researching is money saved in the long run!
2. Are you willing to buy it used? If so, you’re going to save a lot of money. Keep in mind, some things are better used than others some are not, take electronics for example, they can be hit or miss and they usually are not going to have a warranty, but if it does have a warranty, then this is definitely your number 1 choice. Lightly used clothes/accessories are generally marked down significantly and here is where you can get some great deals.
3. Get an eBay account (duh). Type in what you’re looking for in it’s simplest form, now look to the left box with the options. Click on “completed listings”, and search. Now you have all the items that have been sold in the past 90 days (all these auctions are over). Look at the final bids in green, indicating these were sold at the following price. Are they cheap enough when comparing to retail to bother with eBay? More than likely, yes. But always look at shipping charges, and assess again. If its a big huge item, check local classifieds and craigslist.org before considering ebay, the shipping fees alone could end up making it more expensive than buying it locally used. After looking at some of the completed items, determine how much they’re generally going for NEW and USED. Use these new figures as reference to how much you’re willing to bid. Look for the finished auctions with the most bids (also indicated in the completed auction title), these are generally the best deal.
4. Do not use a ‘buy it now’, as you will notice, it’s likely more than our new reference prices determined from the final auctions! When a cheap buy it now comes up, it usually gets snatched up pretty quick. They do come up every once in a while, so don’t completely rule out buy it now, but more often than not, well you know…
5. Find an item that has already gotten a few bids, YOU NEVER WANT TO BE THE ONLY BIDDER AT THE END OF AN AUCTION, because it simply means, you didn’t get that great of a deal, unless the seller put a horrible description of the item to the point that buyers didn’t even find it. Example, a guy selling a Gibson Les Paul puts “guitar” as the title, here is where the golden deals are, but you won’t find many of these because of their poor descriptions are not helpful in the search tools.
6. Try a few alternate spellings, spaces, hyphens, etc. for your item, if their are some dumb spelling mistakes, there are going to be less people encountering the auction which = lower prices.
7. The art of sniping. When you have found the right item with a low price, some bidders, and good pictures, now you have to bid, there is no point of bidding on an item early in the game, this does nothing but create commotion and drive the price up. Watch the item and track it in My Ebay, do not bid till the last 15 seconds, YES 15 SECONDS! Here is how to do it. With 5-10 minutes left in the auction, Open up 2 browsers and your clock (you know, double click the clock on the bottom right of your desktop). Put the auction page in both browsers, in one browser, enter the ABSOLUTE most you’re willing to pay, taking into consideration the final auction prices, shipping, and how much they were going for in retail stores. Remember if you are gonna be kicking yourself if you lose the auction by one penny above your price, then that isn’t the most your willing to pay right, pick a price that if the final bid is more, you’re OK with not winning the item. Enter your price, Click place bid, there is going to be a confirm bid page after you hit the button. Now look at your other browser with the item and keep hitting refresh until there is a minute left in the auction. Look at your clock and countdown 40 seconds from when the refresh page told you one minute. Goto the other browser and click place bid. Usually when you keep hitting refresh the last couple minutes, you can see all the action with dumb buyers fighting back and forth. If you did it all right, you should have sneaked in, unsuspecting, and stolen the item at the price YOU WANTED IT AT.
Tips
* Cable/DSL is a must for sniping
* Avoid Wireless connections when sniping
* Always consider shipping fees
* Always check Craigslist.org first for your item
* Buy used when possible
* Sellers that ship Worldwide mean they have a much larger number of potential buyers, which means the final price will be higher, USA shipping only is your best bet.
Warnings
* If the price is too good to be true, it might be a scam
24 Aug
Want an inexpensive iPod? Follow these simple instructions and you should have one in no time.
Steps
1. Go to http://www.ebay.com.
2. Click Register (at the top).
3. Register your info.
4. Go to the main page. In the search box type in the model and color of iPod you want.
5. Click “sort by” then scroll down and click “Lowest Price”.
6. Bid, and (hopefully) win. If it says buy it now, that means there is no bidding involved you pay and it is sent to you.
7. Alternate Site to watch for:
* Got to http://www.craigslist.org
* Select your city and check for iPod ads under electronics
Tips
* Most eBay users won’t send the item until you pay.
* If you bid, check back hourly or as much as you can.
* Check the shipping price! Some person may charge $10.00 but then will charge $100.00 for shipping!
* Read the description. Who knows, someone may have put in a broken screen.
Warnings
* Check the reputation of the sellers as there are few fraudulent sellers*
* Be aware that you have to be at least 18 or older to register on E-bay, so if you want your Ipod really badly, ask your parents to buy it for you.