| Real Income |
| Real Products |
Selling on eBay is a great
opportunity for any eCommerce
entrepreneur, but making a
steady, livable income there isn’
t just a matter of throwing a few
products up for auction. In fact,
of the more than 200 million
registered eBay users, only a
little over a million make a part-
or full-time living there.
What separates this group from
the masses of recreational
eBayers? The difference,
according to eBay veteran
Sydney Johnston, founder of
Auction-Genius-Course.com, is
that this small percentage of
sellers have developed
profitable selling strategies to
help them harness the power of
the Internet’s busiest traffic
machine. She shares four of
these proven strategies that
have helped many of her
students reach, and exceed,
their eBay goals:
Do your product sourcing in the
right order.
The biggest question new
sellers have is, “What should I
sell?” But they often begin their
research process backwards,
looking first for good product
niches, then for suppliers.
Unfortunately, they can’t always
locate suppliers for their
products, so they waste hours
and days gathering information
they can’t use.
First, find your product
suppliers. The most basic
technique is to call the
manufacturer, tell them you’re a
retailer looking to carry their
products, and ask for a list of
their authorized wholesalers.
You can also find potential
suppliers through trade shows,
trade publications, and trade
organizations. Once you know
which products you can get
suppliers for, then begin
researching those product
markets, using a market
research tool like Terapeak or
HammerTap.
Put your research results into
practice.
It’s easy to get caught in
“paralysis by analysis.” Many
new sellers agonize over taking
action for endless weeks,
months, and years. Advises
Johnston, “Knowledge without
action is useless. If you’ve done
your research, found a supplier
and a promising product niche,
then take that next step and do
what your research is telling
you.”
Start small and scale up as you
gain experience.
Sometimes, brand new
sellers are eager to sink their
savings into a liquidation lot or a
container load of imports. The
problem is, they don’t know the
first thing about what they’re
getting, and they often end up
losing their money and giving up
on eCommerce all together.
The best way to minimize your
risk is to start small. You might
use drop shipping to test a
product without investing any
funds in inventory. If it proves
successful, you can move up to
buying in light bulk quantities,
for a better price-per-piece.
Then, if you find it’s still a strong,
consistent seller, you can buy in
even greater volume, to further
increase your profit margins.
Take advantage of the eBay
store.
If you sell on eBay, you need
to capitalize on the benefits an
eBay store offers. The listing
fees are substantially cheaper
than with auctions. And you have
a place to send the search
engines (whereas your auction
listings only last ten days, max).
Your customers, who came in
for one item, can view and
purchase many. And you gain
the ability to send newsletters,
telling buyers what promotions
you’re running and what new
products you’re carrying.
While implementing these
practices can help you increase
your selling success on eBay,
Johnston insists that the most
successful sellers aren’t the
ones who get everything right –
they’re the ones who refuse to
quit. Choose to learn from your
feedback, your customers, and
your experiences – good and
bad – and just keep going.
States Johnston, “There really
are no failures – only learning
opportunities. If you refuse to
quit, you will succeed. Period.”
opportunity for any eCommerce
entrepreneur, but making a
steady, livable income there isn’
t just a matter of throwing a few
products up for auction. In fact,
of the more than 200 million
registered eBay users, only a
little over a million make a part-
or full-time living there.
What separates this group from
the masses of recreational
eBayers? The difference,
according to eBay veteran
Sydney Johnston, founder of
Auction-Genius-Course.com, is
that this small percentage of
sellers have developed
profitable selling strategies to
help them harness the power of
the Internet’s busiest traffic
machine. She shares four of
these proven strategies that
have helped many of her
students reach, and exceed,
their eBay goals:
Do your product sourcing in the
right order.
The biggest question new
sellers have is, “What should I
sell?” But they often begin their
research process backwards,
looking first for good product
niches, then for suppliers.
Unfortunately, they can’t always
locate suppliers for their
products, so they waste hours
and days gathering information
they can’t use.
First, find your product
suppliers. The most basic
technique is to call the
manufacturer, tell them you’re a
retailer looking to carry their
products, and ask for a list of
their authorized wholesalers.
You can also find potential
suppliers through trade shows,
trade publications, and trade
organizations. Once you know
which products you can get
suppliers for, then begin
researching those product
markets, using a market
research tool like Terapeak or
HammerTap.
Put your research results into
practice.
It’s easy to get caught in
“paralysis by analysis.” Many
new sellers agonize over taking
action for endless weeks,
months, and years. Advises
Johnston, “Knowledge without
action is useless. If you’ve done
your research, found a supplier
and a promising product niche,
then take that next step and do
what your research is telling
you.”
Start small and scale up as you
gain experience.
Sometimes, brand new
sellers are eager to sink their
savings into a liquidation lot or a
container load of imports. The
problem is, they don’t know the
first thing about what they’re
getting, and they often end up
losing their money and giving up
on eCommerce all together.
The best way to minimize your
risk is to start small. You might
use drop shipping to test a
product without investing any
funds in inventory. If it proves
successful, you can move up to
buying in light bulk quantities,
for a better price-per-piece.
Then, if you find it’s still a strong,
consistent seller, you can buy in
even greater volume, to further
increase your profit margins.
Take advantage of the eBay
store.
If you sell on eBay, you need
to capitalize on the benefits an
eBay store offers. The listing
fees are substantially cheaper
than with auctions. And you have
a place to send the search
engines (whereas your auction
listings only last ten days, max).
Your customers, who came in
for one item, can view and
purchase many. And you gain
the ability to send newsletters,
telling buyers what promotions
you’re running and what new
products you’re carrying.
While implementing these
practices can help you increase
your selling success on eBay,
Johnston insists that the most
successful sellers aren’t the
ones who get everything right –
they’re the ones who refuse to
quit. Choose to learn from your
feedback, your customers, and
your experiences – good and
bad – and just keep going.
States Johnston, “There really
are no failures – only learning
opportunities. If you refuse to
quit, you will succeed. Period.”
Chris Malta, Worldwide Brands CEO, has spent years helping
people to easily understand the process of starting and
running a Home-based Internet Business. In plain, language
he explains the process, busts the myths, and leaves you with
a much better understanding of how Home-based EBiz really
works.
people to easily understand the process of starting and
running a Home-based Internet Business. In plain, language
he explains the process, busts the myths, and leaves you with
a much better understanding of how Home-based EBiz really
works.
Start your own Internet
Business the right way, without
falling into the traps that are out
there waiting for you
EVERYWHERE...
The Internet is becoming a
Fantasyland of get-rich-quick
schemes, scam artists and other
pitfalls that can't wait to take
your money and leave you with
nothing to show for it. Don't let
these people cheat you!
Business the right way, without
falling into the traps that are out
there waiting for you
EVERYWHERE...
The Internet is becoming a
Fantasyland of get-rich-quick
schemes, scam artists and other
pitfalls that can't wait to take
your money and leave you with
nothing to show for it. Don't let
these people cheat you!
Product Sourcing Research
Most REAL Wholesale Suppliers will NOT work with
home-based business owners. We research
THOUSANDS of Wholesale Suppliers every year
and FIND those suppliers who WILL work with you.
Then we publish that information in OneSource,
the World's ONLY Complete Product Sourcing
Tool! We do the Research, so you don't have to!
Most REAL Wholesale Suppliers will NOT work with
home-based business owners. We research
THOUSANDS of Wholesale Suppliers every year
and FIND those suppliers who WILL work with you.
Then we publish that information in OneSource,
the World's ONLY Complete Product Sourcing
Tool! We do the Research, so you don't have to!
Wholesale Scam Protection
There are a lot of Middlemen and Wholesale
Scammers out there who want you to think that
they are real Wholesalers, when they are NOT.
Fake Wholesalers kill your profit margins. We
guarantee that the thousands of REAL
Wholesalers in OneSource are Scam-Free.
There are a lot of Middlemen and Wholesale
Scammers out there who want you to think that
they are real Wholesalers, when they are NOT.
Fake Wholesalers kill your profit margins. We
guarantee that the thousands of REAL
Wholesalers in OneSource are Scam-Free.
Market Research
Knowing what to sell before you try to sell it is
critical for your EBiz. OneSource integrates
thorough Market Research Analysis into every
wholesale product search, so you can quickly and
easily decide what the best products are to sell
online right now!
Knowing what to sell before you try to sell it is
critical for your EBiz. OneSource integrates
thorough Market Research Analysis into every
wholesale product search, so you can quickly and
easily decide what the best products are to sell
online right now!
Product Sourcing Education
Through Product Sourcing Radio, our Knowledge
Base, our Free Articles, the educational material
we write for eBay University and much, much
more, we work to educate EBiz Owners on the
very important process of REAL Product Sourcing.
Through Product Sourcing Radio, our Knowledge
Base, our Free Articles, the educational material
we write for eBay University and much, much
more, we work to educate EBiz Owners on the
very important process of REAL Product Sourcing.
eBay Certified Solution Provider
We are the ONLY publisher of Wholesale Supplier
Information that is CERTIFIED by eBay. We are a
Featured Speaker at the eBay Live National
Convention each year. Our Product Sourcing
Education material is taught by eBay University
Instructors, and we travel with eBay University to
speak on Product Sourcing.
We are the ONLY publisher of Wholesale Supplier
Information that is CERTIFIED by eBay. We are a
Featured Speaker at the eBay Live National
Convention each year. Our Product Sourcing
Education material is taught by eBay University
Instructors, and we travel with eBay University to
speak on Product Sourcing.
| Take the challenge Go Far - Take Chances Live Passionately |
| Take the challenge Go Far - Take Chances Live Passionately |
rv-visions.com 2008 david@rv-visions.com