- How to Undercut your Competition on eBay for
Higher Profits
***
Hi,
Today I'm going to show you how to make THIRTY
PENCE a day! Isn't that wonderful? Will that help you
pay the bills?
Actually it should pay much more than your day-to day-
bills, it should also incur you a hefty income tax bill every
January and every July from now to forever!
You can buy a new house if you like from this THIRTY
PENCE A DAY, take great holidays, buy a new car, and
so much more!
Actually, I'm back on my 'numbers game' hobby horse
again, I spend lots of time riding this little beauty, and
THIRTY PENCE a day is my favourite numbers game of
all because .....
..... if you do something that makes just thirty pence
pure profit each day, there's the operative word 'each',
over one month it adds up to £9 or thereabouts (30 x
30p), over the year it makes about £108 (12 x £9).
It's not at all difficult, I've done it many times and you'll
find almost every top eBay PowerSeller owes their entire
livelihood to playing the THIRTY PENCE game.
Look at eBayers selling thousands of products each
month, usually tiny inexpensive bits and pieces, such as
jewellery charms, CDs, bobbins of cotton, eBooks,
picture mounting frames, fish hooks, and any of literally
millions of things I could write about from now to forever.
But I'll forego that dubious pleasure, I'll leave it to you to
work it all out for yourself, it's much easier than it
sounds. And you can do it all by checking out the top
eBay sellers on various product category pages at eBay
Pulse (http://pulse.ebay.com, http://pulse.ebay.co.uk and
other country sites)
This explains why most PowerSellers choose product
before profit potential, they seek items that sell in
quantity and which attract regular buyers and plentiful
back end selling opportunities.
Look at these PowerSellers for proof of how this idea
works, starting eBayer ID followed by current feedback
and product specialities:
ID: crispmovies
Feedback: 141368
Product: cds, films, video games
Check them out, see what they sell, look for similar or
even better products for your business.
The secret to making really big money from the THIRTY
PENCE principle is to continuously list and test new
items, hour after hour, day after day, week after week.
List one thousand items that fetch 30 pence every day
and that's £100,000 a year you'll be making.
***
Tips:
***
* Products musts be available in bulk at a low purchase
price and you must be able to buy as and when required.
You do not want to have tens of thousands of products
cluttering up your home.
* Those products earning 30p each, or much more per
sale, might cost several pounds to buy, another reason
you must find a reliable wholesaler, able to provide stock
within 24 hours; another reason you don't want to buy
items up front.
* You can, and almost certainly will make much more
than thirty pence per item per day, I'm just working on
minimum values. £5 or more per item is entirely
possible - 30 X £5 = £150 per month, almost £2000 a
year.
* I know what you are thinking and, no, you are
definitely wrong! It won't take years or even months to
stock your eBay business with 1000 x 30 pence minimum
profit products. My first experience of the 30p game, a
few years ago, found me listing just three or four new
dog jewellery charms a day, every day, for a month.
They sold like hot cakes, for a month or so, then the
supplier let me down and I had to start all over again.
So ...
* ..... you must check suppliers very carefully before
adding their stock to your product range. It only takes a
few minutes, as happened to me, to ruin all the hard
work you've just done.
* You are going to have to work a little harder at
answering questions, fulfilling orders, managing
feedback. Buy hey, who cares about that, business is
business, and it sure beats working to someone else's
rules! For 'someone else's rules' read JOB (Just Over
Broke)
* You can even run this business using items you create
yourself, such as eBooks, prints and photographs from
the public domain, and so on. But there's another
sneaky way to make this business work well. The secret
is to sell low value collectibles, in one item lots, such as
cigarette cards and playing cards, and other small bits
and pieces which are part of bigger, complete sets. So
you'll see people selling individual collector plates,
individual cigarette cards, individual stamps. BUT, and
it's a big BUT, you must always look to obtain stock in
bulk, even if that means buying complete sets to
dismantle and offer as single item lots. Again, it's hard
work, but you'll be your own boss and nothing ever beats
that!
So get your 30p a day at the ready!
Happy eBaying!
Until next time,
Avril
***
Get products to sell on eBay for FREE!
***
With this amazing 70-year-old copyright loophole you
can get people queuing up to pay £14, £27, £97 ... even
£297 - several times a day (and night) - for something
you found FREE!
eBay and PayPal are a great way to buy and sell goods.
You can buy what you want easily. You can pay for what
you want with ease. But there are people who sign up for
eBay or PayPal; for the sole reason of taking people for
everything they have. eBay and PayPal do what they
can to stop fraud. But you can't catch everyone, when
millions of people use eBay and PayPal. There are
people out there, who will put a deal that is too good to
be true for a few thousand dollars. People always look
for a good deal, that's what eBay is all about, finding
bargains. Some unsuspecting person buys the item for a
big price and never gets the item. Scammers try and pull
this con off every day. The sad thing is, people fall for it
all the time.
Tips to Help You Avoid Falling Prey to the Latest
eBay and PayPal Scams
* Look at feedback. If the person has 0-3 for a feedback
number, be wary. That member has not been there long
enough to be trusted with a big money deal. Always look
through sellers' feedback with a fine tooth comb. Some
people will give good feedback, but write something
negative about the seller. Some people just don't leave
neutral or negative comments. So make sure you read
through buyers comments in the feedback. Don't just
look at how many positive feedback they have.
* Watch Out for Fake eBay or PayPal Emails. This is a
popular one, the scammers actually try to scare you in to
believing the email is real. eBay and PayPal do not send
fake emails. Scammers actually make eBay or PayPal
emails, they usually look identical to the real thing.
These fake emails look so much like the real thing, there
are only a few ways to tell the difference. Here are some
clues to look out for, so you don't get scammed in to
believing these emails.
1. eBay and PayPal, would never ask for your personal
information through email communication.
2.Some emails will look like they are from eBay or
PayPal, the scammers try and force you to sign in. They
are not real emails. They say things like, "you have been
suspended" and you need to log in right away to fix the
problem. Or that someone has logged in with a weird IP
address and your account might have been stolen. They
give lots of reasons to try and scam you into believing
that the email is serious and needs your immediate
attention. When you click onto the email link; it brings
you to a webpage that looks just like eBay or PayPal. It
will ask you to log in, then it will bring you to a screen
that asks for all kinds of personal information. It will ask
for your social security number, bank account info, even
your pin number for your bank card.
3.You may get an email that claims you have won or
sold something on eBay. It may be a PayPal or eBay
email look alike. This is a fake email. If you click on the
links in the email, they will not bring you to the PayPal or
eBay website.
If you get any emails that you think may be fraud,
forward it along with the header to spoof@ebay.com or spoof@paypal.com
4.If you are a seller in large dollar items, you may be
familiar with this next one. Someone buys an item from
you with 0-3 feedback. The buyer pays for the item. The
seller ships the item and it's business as usual. Until you
find that the credit card was stolen and your PayPal
balance is negative $500.00. Now you end up losing the
money as well as the big money item.
The way to prevent credit card fraud on PayPal is open a
business or premier business PayPal account. It will
protect you against credit card fraud on PayPal. It's free
to sign up for this PayPal account. Most people have a
personal PayPal account and you are not covered for
credit card theft with a regular PayPal account.
If you don't have a business or premier account on
PayPal; you would have to pay for the negative balance
and eat the price of the large dollar item. You would lose
twice every time. No business could survive on that.
Just remember, don't let these creeps keep floating
around. Don't let scammers keep ripping innocent
people off. Report them right away. The sooner you
report them, the sooner they will be caught. Report them
to the email addresses I have provided. If you like,
contact eBay or PayPal directly. But if we don't report
these guys, they will always be there. It takes 2 minutes
to report them. Take that time out for it. Next time those
creeps try and scam someone, it may be you or
someone you love.
***
How to Undercut Your Competition on eBay For Higher
Profits by Fabian Tan
***
Selling your items for a low price on eBay can actually
mean higher profits for your eBay business. This article
will look at some strategies and why they work.
Have you seen those auctions which start at $0.99 or
even $0.01? Why do sellers do that? Well, firstly, it
ensures they do not have to pay a high listing fee. They
pay the minimum fee.
Secondly, it creates a buying frenzy on the auction.
Having a low starting price such as $0.99 means more
potential buyers will bite. By having more bidders, the
ending price of your auction might actually be higher
than what you had originally planned to sell your product
for.
Another reason why listing such low auction prices is so
profitable is because some sellers use them to build a
subscribers list. After the buyer makes his payment, he
is shown a page where he can subscribe to a newsletter.
This allows the seller to make follow-ups to sell more
products. This is a great way to build a buyers list, and
many experts know that a buyers list is worth gold on the
Internet.
Ultimately, listing your items at a low price does give
more exposure for your items. People do like a good
bargain, especially on eBay, and by undercutting your
competition, you can gain a crucial advantage in the
marketplace.
So if you are listing your items at high prices and they
are not selling, this is the answer: lower your prices.
Make your prices lower than what your prospects might
expect them to be, and you'll have a flood of bids on
your auctions!
Fabian Tan is the author of the free 51-Page Report:
"Murder Your Job: How To Build Cash Sucking Autopilot
Businesses In 30 Days Or Less!"
Head over to http://www.MurderYourJob.com to get your
free copy now before it's gone!