By Amanda O'Brien
Many people have decided to start eBay businesses selling all sorts of different products. If you are interested in looking at how to make money on eBay then there are certain products that you should consider selling, and others that you should avoid.
Choosing products
When you choose the products that you want to sell on eBay you should be very careful. You need to choose products which are profitable and very popular. Its best if you try selling products to niches rather than trying to attract the whole market.
Market Research
One great way of finding out what people are looking for on eBay is to visit the site yourself. If you visit eBay then you will be able to search completed listings and get an idea of how much certain products are selling at.
You can also use eBay pulse to find out what products you could sell to make money on eBay.
It's important to get an idea of how much these products sell for because this will make it easier to find out whether or not you are able to make a profit. Take a look at items that you might like to sell and then find out how much they sell for. You can also identify popular items by looking at how many bids the items got.
If you are trying to make money on eBay then the products that you choose will be very important. You need to carefully think about what it is you are going to sell to make as much money as possible. Finding a supplier
After you know the sorts of products that you might like to sell you will then need to find yourself a supplier. The supplier will be either a dropshipper or a wholesaler. These are the people that stock the products for you.
Find out exactly how much these products cost because this way you will find it much easier to work out whether or not you will make a profit. Your profit margin will be the difference between the purchase price and the sale price of the item. You want to make sure that you are making a big enough profit to make selling it worthwhile.
eBay Fees
When you are trying to make money on eBay it's important to mention that you must bear in mind the eBay fees. eBay fees are split into two main categories that everyone will have to pay. Listing fees and final value fees.
Listing fees will be paid by anyone who wants to list an item on eBay. These are very cheap and are designed to prevent spam being posted on the site. Whenever you add a new listing to eBay you will have to pay a listing fee.
The final value fee will only be paid if your product actually sells. This is a percentage of the final value of the product. Make sure you take these fees into account when you are working out how much profit you will make. It really is important to be thorough and find out exactly how much you expect to make.
Source: Ezine Articles
Where to Get Free Items to Sell on eBay
By Suzanne Arant-Wells
Freebies are not that difficult to find, especially if you have access to the internet. Have you ever thought about collecting free items to resell on eBay? If you have an internet connection, some spare time, and the willingness to do the legwork, you can find all sorts of free items to sell on eBay.
The easiest place to start is on Craigslist. Find the city nearest you on Craigslist, and look for the free section. You will be amazed at how many listings you will find for free clothing, free furniture, and free household items. The key is being the first to respond and pick up the item, so you have to check the listings frequently and act fast.
Next, check FreeCycle.org. eBay sellers differ on their opinions on using this site to procure inventory. Some eBayers say sellers should not take free items from FreeCycle - they are meant for the needy in the community. Others say that the people donating the items really don't care, they just want to get rid of their stuff for whatever reason. You'll just have to go with your gut on this one.
Participate in free-after-rebate programs. Rite Aid is a good example. Check their monthly catalog in the stores. You can rack up all sorts of free items such as cosmetics, medicines, baby products, weight loss products, and medical items. You will have to buy the item first, and submit your rebate online, and then receive a check the next month. However, the items are free after the rebate is processed.
Join freebie forums online. Members will post special deals, rebates, and coupons for free items. Collect your freebies and sell them in a batch or lot.
Check out garage sales as they are ending. Showing up late has its advantages. The person holding the sale probably isn't going to want to dispose of the leftovers, and may let you have them free if you haul them away. Having a van or a truck is helpful in this situation.
Source: Ezine Articles
Freebies are not that difficult to find, especially if you have access to the internet. Have you ever thought about collecting free items to resell on eBay? If you have an internet connection, some spare time, and the willingness to do the legwork, you can find all sorts of free items to sell on eBay.
The easiest place to start is on Craigslist. Find the city nearest you on Craigslist, and look for the free section. You will be amazed at how many listings you will find for free clothing, free furniture, and free household items. The key is being the first to respond and pick up the item, so you have to check the listings frequently and act fast.
Next, check FreeCycle.org. eBay sellers differ on their opinions on using this site to procure inventory. Some eBayers say sellers should not take free items from FreeCycle - they are meant for the needy in the community. Others say that the people donating the items really don't care, they just want to get rid of their stuff for whatever reason. You'll just have to go with your gut on this one.
Participate in free-after-rebate programs. Rite Aid is a good example. Check their monthly catalog in the stores. You can rack up all sorts of free items such as cosmetics, medicines, baby products, weight loss products, and medical items. You will have to buy the item first, and submit your rebate online, and then receive a check the next month. However, the items are free after the rebate is processed.
Join freebie forums online. Members will post special deals, rebates, and coupons for free items. Collect your freebies and sell them in a batch or lot.
Check out garage sales as they are ending. Showing up late has its advantages. The person holding the sale probably isn't going to want to dispose of the leftovers, and may let you have them free if you haul them away. Having a van or a truck is helpful in this situation.
Source: Ezine Articles
Earn Money Online With eBay
SAN JOSE, CA - JULY 20: A sign is posted in front of eBay headquarters on July 20, 2011 in San Jose, California. Online auction site eBay will report quarterly earnings today after the market closes today. (Image credit: Getty Images via @daylife) |
You have been on eBay, we all have. Watching the auctions and even bidding on some. Many people have even listed some items on eBay and were amazed at how well they did. Just by collecting a few items from your attic and listing them on eBay you were possibly able to pay your car payment and even insurance that month.
It gives you a rush to watch the auctions grow and people to fight over the items you listed. The bidding wars can get intense as you see the items sell for much more than anticipated. This is one reason so many people are turning to eBay to make money online. This, and the fact that it is so simple that anyone could do it.
When you run out of stuff to sell that is lying around the house you can look into dropship companies for products. A drop ship company is a place that will have various products to sell at discounted rates. You can list these products on eBay at an increased price to earn a profit and even use their images of the product in your auction. Once the items sell you simply go to the dropshipper and pay your portion for the product, input the name and address of the buyer and they ship the item for you.
You never have to deal with a tape gun or make any trips to the post office. The dropshipper will use your company name on the packaging so you are never in the position to explain where something came from to a buyer.
This means you never have to buy anything to keep in stock and you never deal with shipping. This keeps costs on your part limited to listing fees, insertion fees, and the price of the discounted product, after it has been paid for to you of course. There is no easier way to make money online.
Source: Ezine Articles
Making Money Through PayPal With Survey Sites That Pay Really High
By Adam Woodham
Everyone attempts to make money though PayPal from any survey site they can get their hands on. This is the worst approach, which probably means that you're using search engines to look for them. The truth is that all this does is give you lists of every bottom paying place out there, while keeping the top payments far, far away from you.
I know the quick and painless solution to all of this, though. If you really want to find survey sites that allow you to make the absolute most money through Paypal, you will need to forget about one thing: Forget about search engines. Don't even let them enter your mind when you begin looking for places to do surveys. In the past year or two, all of the higher paying place have been replaced by penny websites in those search results. The web has become so littered with these newer places that keep all the cash for themselves, pushing the higher paying and more legit websites out of the lists.
That's enough talking about that subject, though. Let me get to the really good stuff now. The way you make the most money though PayPal from the survey sites you sign up to is simple: Use forums to your advantage. Big forums to be exact. It might sounds like drastic measure to take, but it's just a necessary one. Also, it's darn easy to do and will have you signing up to all sorts of top dollar places in no more than 10 minutes. Once you get a hold of a large type of forum, head over to their forgotten about archive section. These archives are the golden ticket to top dollar surveys. Why? Because they are thoroughly filled with honest knowledge about surveys, which can be found right in those archives.
Bigger forums tend to take a ton of pride in disallowing things like spam and bad information. All of it gets squashed and deleted. You are left with 100's of topics that are filled with people just like you and I, sharing their most valuable info. It's a place where people have gathered to compare all kinds of survey sites that pay money through PayPal and you reap the benefits of their sharing. It's as simple as that. If you can read for a couple of minutes, you can begin earning 4-5 times more cash than you were getting before.
It can be a pleasure to make money through PayPal from survey sites, but not if you don't take the route that leads to the top places.
Here is a top 5 list of Internet Survey Sites that offer a PayPal Payment For Surveys.
Source: Ezine Articles
Everyone attempts to make money though PayPal from any survey site they can get their hands on. This is the worst approach, which probably means that you're using search engines to look for them. The truth is that all this does is give you lists of every bottom paying place out there, while keeping the top payments far, far away from you.
I know the quick and painless solution to all of this, though. If you really want to find survey sites that allow you to make the absolute most money through Paypal, you will need to forget about one thing: Forget about search engines. Don't even let them enter your mind when you begin looking for places to do surveys. In the past year or two, all of the higher paying place have been replaced by penny websites in those search results. The web has become so littered with these newer places that keep all the cash for themselves, pushing the higher paying and more legit websites out of the lists.
That's enough talking about that subject, though. Let me get to the really good stuff now. The way you make the most money though PayPal from the survey sites you sign up to is simple: Use forums to your advantage. Big forums to be exact. It might sounds like drastic measure to take, but it's just a necessary one. Also, it's darn easy to do and will have you signing up to all sorts of top dollar places in no more than 10 minutes. Once you get a hold of a large type of forum, head over to their forgotten about archive section. These archives are the golden ticket to top dollar surveys. Why? Because they are thoroughly filled with honest knowledge about surveys, which can be found right in those archives.
Bigger forums tend to take a ton of pride in disallowing things like spam and bad information. All of it gets squashed and deleted. You are left with 100's of topics that are filled with people just like you and I, sharing their most valuable info. It's a place where people have gathered to compare all kinds of survey sites that pay money through PayPal and you reap the benefits of their sharing. It's as simple as that. If you can read for a couple of minutes, you can begin earning 4-5 times more cash than you were getting before.
It can be a pleasure to make money through PayPal from survey sites, but not if you don't take the route that leads to the top places.
Here is a top 5 list of Internet Survey Sites that offer a PayPal Payment For Surveys.
Source: Ezine Articles
How to Avoid Getting Double Charged Using PayPal
By Andreas Sandin
When an order is made, or a recurring service is being billed, an invoice is sent to the client with payment details. An invoice could be a simple e-mail instructing the client to pay funds to the hosts PayPal account via the PayPal interface, or a payment button on an invoice which links directly to the PayPal page.
When the client makes the payment, the host automatically (or manually, depending on whether or not a billing system is used) register the payment and the service is extended to the new due date.
So this seems clear, what can go wrong with this? Well, there are three parties involved.
1: The host, which sends the invoice, waits for and register payment, thus extending the service.
2: The client, which receives the invoice and makes the payment.
3: PayPal, who transfers the payed amount from the payer (the client) to the receiver (the host), and then, if the host has this set up, send payment notification to the host.
Note that the host cannot charge or bill the client. The PayPal system doesn't work this way. It is always the client who initiates payment.
In the above scenerio, it is quite possible that the host simply does not check its PayPal balance, thus never knowing that the payment is received. But this does not result in double charge. Remember the host cannot in any way draw funds from the clients PayPal account. The host may very well send invoice reminders, and suspend accounts in worst case.
So when does the problems start?
The big problem is the PayPal subscription feature. The subscription feature was created for people that makes regular PayPal payments to other people or companies. Perfectly suited for recurring amounts, such as web hosting. The PayPal subscription is also initiated by the client, not the host, and it can only be canceled by the client. With some billing systems, the host can not even see that a PayPal subscription is in place, nor see the date on which the next payment will be received.
Whenever a payment is made with PayPal, the payer is given a subscription choice. If a subscription is created, PayPal will transfer the amount every month on the date that the initial payment was made. Some hosts provide two PayPal buttons on the invoice or e-mail, one for the normal PayPal payment, and one for the PayPal subscription option.
In the PayPal subscription scenario, it is PayPal who transfers the funds according to the payers wishes. The host is only receiving the funds.
So now we have two parties responsible for transferring payments. The client making PayPal payments manually, or PayPal making the payments regurlarly according to the clients wishes.
With PayPal subscriptions, the invoice gets obsolete. The sum is always the same every time, and PayPal transfers it to the host without interaction from the client. But again, the host may not know that the client uses a PayPal subscription to pay the invoice. Some hosts suspend sites pretty quickly on non-payment, and reminds the client a few days prior to the due date that it is time to pay the bill.
The client receives the invoice reminders, thinking that its overdue, or forgetting about the PayPal subscription, and pays it. A few days later, PayPal makes the transfer according the the subscription, and thus the host is payed twice.
This has been the case in 4 out of 5 times when someone has approached me with this problem. It's not the host who charges the client twice, its the client who pays the host twice.
There is another feature that complicates things even more. Remember that the PayPal subscription payments are made automatically every month on the same date that the initial payment was done? Then consider what happens if the initial payment was made overdue.
Source: Ezine Articles
This is a common problem that seem to occur often. Many people ask me this question and until recently I had no good answer. Why does web hosting accounts get charged twice?
When an order is made, or a recurring service is being billed, an invoice is sent to the client with payment details. An invoice could be a simple e-mail instructing the client to pay funds to the hosts PayPal account via the PayPal interface, or a payment button on an invoice which links directly to the PayPal page.
When the client makes the payment, the host automatically (or manually, depending on whether or not a billing system is used) register the payment and the service is extended to the new due date.
So this seems clear, what can go wrong with this? Well, there are three parties involved.
1: The host, which sends the invoice, waits for and register payment, thus extending the service.
2: The client, which receives the invoice and makes the payment.
3: PayPal, who transfers the payed amount from the payer (the client) to the receiver (the host), and then, if the host has this set up, send payment notification to the host.
Note that the host cannot charge or bill the client. The PayPal system doesn't work this way. It is always the client who initiates payment.
In the above scenerio, it is quite possible that the host simply does not check its PayPal balance, thus never knowing that the payment is received. But this does not result in double charge. Remember the host cannot in any way draw funds from the clients PayPal account. The host may very well send invoice reminders, and suspend accounts in worst case.
So when does the problems start?
The big problem is the PayPal subscription feature. The subscription feature was created for people that makes regular PayPal payments to other people or companies. Perfectly suited for recurring amounts, such as web hosting. The PayPal subscription is also initiated by the client, not the host, and it can only be canceled by the client. With some billing systems, the host can not even see that a PayPal subscription is in place, nor see the date on which the next payment will be received.
Whenever a payment is made with PayPal, the payer is given a subscription choice. If a subscription is created, PayPal will transfer the amount every month on the date that the initial payment was made. Some hosts provide two PayPal buttons on the invoice or e-mail, one for the normal PayPal payment, and one for the PayPal subscription option.
In the PayPal subscription scenario, it is PayPal who transfers the funds according to the payers wishes. The host is only receiving the funds.
So now we have two parties responsible for transferring payments. The client making PayPal payments manually, or PayPal making the payments regurlarly according to the clients wishes.
With PayPal subscriptions, the invoice gets obsolete. The sum is always the same every time, and PayPal transfers it to the host without interaction from the client. But again, the host may not know that the client uses a PayPal subscription to pay the invoice. Some hosts suspend sites pretty quickly on non-payment, and reminds the client a few days prior to the due date that it is time to pay the bill.
The client receives the invoice reminders, thinking that its overdue, or forgetting about the PayPal subscription, and pays it. A few days later, PayPal makes the transfer according the the subscription, and thus the host is payed twice.
This has been the case in 4 out of 5 times when someone has approached me with this problem. It's not the host who charges the client twice, its the client who pays the host twice.
There is another feature that complicates things even more. Remember that the PayPal subscription payments are made automatically every month on the same date that the initial payment was done? Then consider what happens if the initial payment was made overdue.
Source: Ezine Articles
5 Proven Tips to Reach a Niche Business Audience
market 1 (Photo credit: tim caynes) |
Time to Make Money on eBay Again
GREAT news from eBay!
It looks like they’re finally clearing the way for small-to-medium-sized sellers to make money again. FYI, here’s a quick rundown of the changes they’ve just announced.
Starting in September you’ll get better exposure in eBay’s search results AND get a 20% reduction in fees if:
You’ll also be rewarded if your listings have a high conversion rate — in other words your listings may not get a lot of views, but they consistently sell your items. Good news for sellers who take time to write a good title and item description; bad news for the giant Diamond sellers that don’t bother because they’ve got so much inventory!
Our eBay Mentoring Team are really excited about these changes. They say the just-introduced Top-Rated Seller designation is “realistic and achievable” for people who follow our system and use our strategies.
Coincidentally, we’ve just released the brand-new, online version of our Insider Secrets to Selling on eBay course. It’ll cover all these changes (the big advantage of being online instead of in a book) and any new ones eBay comes up with.
So if you’ve been frustrated with eBay lately, NOW IT’S A WHOLE NEW BALLGAME!
After a couple of years of making it harder and harder to make money, it looks like eBay is rewarding the sellers who made it such a powerhouse in the first place.
What do you think? Is this what you’ve been waiting to see on eBay?
Source: InternetMarketing
It looks like they’re finally clearing the way for small-to-medium-sized sellers to make money again. FYI, here’s a quick rundown of the changes they’ve just announced.
Starting in September you’ll get better exposure in eBay’s search results AND get a 20% reduction in fees if:
- you’re selling $3000.00 a year with 100+ sales
- you don’t get 1 and 2 ratings on the Detailed Seller Ratings
- you maintain a 4.6 or higher DSR average
You’ll also be rewarded if your listings have a high conversion rate — in other words your listings may not get a lot of views, but they consistently sell your items. Good news for sellers who take time to write a good title and item description; bad news for the giant Diamond sellers that don’t bother because they’ve got so much inventory!
Our eBay Mentoring Team are really excited about these changes. They say the just-introduced Top-Rated Seller designation is “realistic and achievable” for people who follow our system and use our strategies.
Coincidentally, we’ve just released the brand-new, online version of our Insider Secrets to Selling on eBay course. It’ll cover all these changes (the big advantage of being online instead of in a book) and any new ones eBay comes up with.
So if you’ve been frustrated with eBay lately, NOW IT’S A WHOLE NEW BALLGAME!
After a couple of years of making it harder and harder to make money, it looks like eBay is rewarding the sellers who made it such a powerhouse in the first place.
What do you think? Is this what you’ve been waiting to see on eBay?
Source: InternetMarketing
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