How to Set Up an eBay Business |
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By: Michael Contaro Posted: 2006-11-23 00:20:09 |
| The Internet has provided an alternative avenue for the 'buy and sell' industry. Instead of looking for some items for auction on the classified ads, all you need to do is to log on to an online auction site and you will be able to look for items that you can purchase and sell to other individuals as well. Online auction sites almost have everything within their database-books, toys, household items, cars, clothes, and others. In other words, Internet brought convenience on the part of both buyers and sellers who wish to conduct their business and earn profit at the end of every deal that they can make.One of the popular auction sites over the Internet is eBay. There are millions of items listed, bought and sold everyday in this auction and shopping website. The items range from collectibles, home appliances, home and office furniture, various equipment, vehicles, and other miscellaneous items. Any items of value could be sold in eBay as long as these are not illegally obtained and does not violate the Prohibited and Restricted Items policy of the company. Because of the wide range of products being listed, bought, and sold everyday, eBay launched its Industrial and Business category which listed industrial surplus business in 2004. It paved the way for more items listed under this category as well as setting a never-ending yard sale and auction ground for different sellers and buyers internationally.You may also consider setting up your own eBay business and take part on potentially huge profits that could be generated out of different auctioned items. There are individuals who are aware of the presence of eBay yet they do not know how to sell their items in this online auction. However, they still like to sell their merchandises on eBay. In this case, setting up an eBay business will be of advantage. In your eBay business venture, all you need to do is to list the merchandises that individuals want to sell on eBay. Once the item is sold, you will pay the seller the last selling price after taking your corresponding commission and other applicable fees for listing the items over eBay. In case the item is not sold, you just return said item to the seller.Although the process sounds quite simple, but definitely you will be able to face several problems when setting up your eBay business. The initial problem that you may encounter is finding an item at a low price enough to sell it on eBay. You could set-up your business in a manner that you will ensure consistent flow of sellable items coming in.You may set up your eBay business through the TA or Trading Assistant program. To use the program, you must have made at least four sales on eBay within the last thirty days as well as have at least 50 feedbacks without exceeding 2 percent negative feedback. Said program is free of charge, so make sure that you will avail of it.You may also endorse your eBay business through your local newspapers and other publications. Decide on the group of people you want to deal with as well as the merchandises you want to list on eBay. For instance, if you are into clothes selling, you might as well advertise in church or school newsletters. Aside from your local newspapers and publication, you may also try free classified ads sites over the Internet where you can post your eBay business for free.Creating flyers that you can post around the town is an effective way of setting up your new eBay business. Ideal places where you can post your flyers are colleges, apartment complex, government buildings, supermarkets, commercial structures, and downtown. Make flyers that includes your complete name and contact number. Through posting flyers, potential consignors may just be around the town.Setting up your eBay business can be a tedious task and really take some time. But once you get the ball rolling, you will notice that you are doing very well in the business and eventually stand on every hurdle that you will meet along the way. |
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