Entrepreneurs – Want To Start A Serious Ebay Business?

OK, you are really serious about setting up your new business; you don’t want some hobby but the real thing. You’ve thought about buying and sell on eBay, but are unsure if you can make a living off of it. Well millions do – but you have to approach it like every other business. Here’s a start up plan for you.

First of all - all the information you need to set up and manage an eBay account and store are on eBay itself - so don't buy some cheap ebook just to get the same information. Now here is a simple plan for you.

1) Have a good look at eBay and see what kind of things sell well. Make a list of 20 - 30 items that you are interested in. Don't pick any high cost or heavy/hard to ship items unless you are really interested in that business area.

2) Cross of any items where there appear to be dominated by 2-3 Power Sellers - printer ink would be an example. These are markets that will be too difficult to penetrate for someone with little feedback.

3) Work out what it will cost to sell an item in the price ranges you are looking for. Include payment processing costs, listing costs and selling costs. Ditto for shipping, packing and mailing costs. This is your cost of doing business.

4) Pick the top 10 cheapest to fulfill – that is list, process payments, correspond with the customer, wrap and mail the item, then support the sale afterwards. Research the cheapest purchasing cost you can buy these products at. Look at your local flea markets, garage sales, sales, auctions on and off line and local retailers or producers.

5) Now pick your top 5 items that appear to make a reasonable profit of 50% or more.

6) Test sell a few of each of the 5 items to see what happens. If not satisfactory after about 3 weeks then move onto another 5 items.

7) Rinse and repeat, remembering to change your sale items every so often.

Good Luck.

Entrepreneurs Want To Start A Serious Ebay Business - To learn more about this author, visit 's Website.

Like this article? Share it with your friends

Article Tags:

---

	No article feedback found.
	Leave Your Feedback

---

Kim Castle With nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website

Staging Diva Debra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained 4000+ students worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular home staging guides made up of a Design Guide, Color Guide, Portfolio Guide and Twitter Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website

Jeff Foster WebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas.  We specialize in internet consulting & internet marketing.  - Visit Jeff Foster's Website

Linda Richardson Linda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website

Michiel Jonker As a Certified Information Systems Auditor, Michiel assists businesses in a professional capacity by evaluating the threats to their businesses. He acquired the necessary knowledge, skills, and techniques to minimize a business owner’s risk of business failure and to maximize his chances of high growth and success. He strongly believes that you CAN maximize your chances of business success, by implementing the business solution he has advocated for more than 12 years in your business plan and planning. Michiel has decided to share his experience with business owners by putting almost everything he knows in a business plan and survival guide (compiled in an e-book format) and written as a high growth SMB coaching course for SMB business owners, directors and managers - titled as the “Survival Kit for Small and Medium Businesses - Profit from your Business Risks!” According to Michiel, his goal was to add new techniques to a business owner’s business planning survival kit and instruct him or her in using these in the future - without any help from a consultant! For more information about the benefits of implementing profit protection planning in your business, please visit: http://www.business-around-the-globe.com - Visit Michiel Jonker's Website

David Barr David Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website

Anne Barr Anne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website

Casey Gollan Casey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website

To learn more about the Evan Elite Author Program please contact us.

Subscribe to 's articles (Visit 's Website) is a New Account author on EvanCarmichael.com

's Complete List Of Marketing Articles Name Email If you enjoyed this article, get 's Complete List of Marketing Articles For FREE! More Entrepreneurs Are You Writing A Tender Or Proposal And Want To Differentiate Your Company From The Competitor Got a great business idea and not sure when to make the leap from that nice safe job to your new business Some Great Businesses For An Out Of Work Professional To Start Entrepreneurs Writing Your First Quotation And Not Sure What Goes Into It Up Sell you way to a Better Turnover Entrepreneurs Do You Believe in Magic Or Just Plain Hard Work How To Tell What You Do From Where Your Name Is The First Year In Your New Business Designing Your New Business Setting Up A Design Business Entrepreneurs Want To Build A Great Business Very Quickly