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What to Sell on eBay - Un Negocio en eBay
Entreprenuer.com By Tim W. Knox - While it's true that selling products on eBay can be a quick, low-cost way to launch an online business, following the herd by selling the "hot" product of the moment isn't a great idea. To the contrary—chances are, you'll be stomped in the ground by the herd. We talked about starting a profitable eBay business in December 2003, and the advice I dispensed then still applies today. The most successful eBay sellers are those who understand that success on eBay relies on many of the same factors as success in a brick-and-mortar business.
Smart Sellers:
1) Research market / competition for Salability & Profitability.
2) Test with one or two units before committing inventory.
3) Adjust offerings until you find consistentl sales.
4) eBay success doesn't come from "one off" sales. The key to real eBay success is to find a product that sells well and sell that product over and over again.
Benefits: "You set your own hours and goals," "Work as much or Little as you want" "Many sellers supplement their income by selling on eBay, and many others have turned it into a full-time business."
You can start up quickly and you don't need special skills.
There is very little risk and investment required to get started.
The marketplace is huge. There are millions of potential customers waiting to buy what you're selling, 24/7, with the click of a button.
There's less stress and no boss.
Niche Market:
When you find a profitable niche, you'll become a certified guru of the items you sell and ideally be the only one on eBay offering the products. You'll have little or no competition from other sellers, so you can corner your niche market.
By dealing with the same type of customer over a long period of time, you'll get to intimately understand the mindset of your target customer and what your customer wants. This will help you sell your products better and allow you to market your products in ways others haven't thought of.
This results repeat business. You're going to find something you're passionate about and specialize in it. If you love what you're doing, you have a much greater chance of sticking to it and loving it. It won't even feel like work—it'll be like you're getting paid to play.
Tim W. Knox is the founder and CEO of three successful technology companies: B2Secure Inc., a Web-based hiring management software company; Digital Graphiti Inc., a software development company; and DropshipWholesale.net, an online organization dedicated to helping entrepreneurs launch and prosper from their eBay or online sales business.
Ahorre June 6, 2005 06:07 AM