Monday, June 29, 2009

eBay~Hobby or Business?

eBay is a great way to get bring in extra money. You can start slowly
by selling a few items you have been meaning to get rid off and grow
until eventually you're buying and selling items in bulk through your
own eBay store!

There certainly are no limits to how much money you can make on eBay. It
all comes down to how much you want to get out of it - if you treat it
as a hobby then, well you'll make pocket money. If you treat it like a
business and think big - then you'll be an entrepreneur on your way to
success.

If you haven't yet sold an item on eBay, have no fear it isn't too
difficult to set up your own auction. eBay themselves have a whole
section with tips for making the most out of your auctions. As
mentioned, start small with a few items and grow from there. One thing
to keep in mind is that feedback is extremely important on eBay. You
want to make sure you have a positive interaction with all your buyers
and that your feedback is spotless. The best way to ensure good
feedback is to make sure you describe your items as accurately as
possible so there are no misunderstandings (if something has a scratch
then say so), contact the buyer right away after an auction, ship the
items promptly taking all the necessary precautions and you're
courteous and provide feedback.

It's not rocket science but merely good customer service skills. Always go beyond what's expected and people
will recognize that. Once you're ready to go BIG with eBay you can
think about drop shipping (this is where you don't hold or ship any
stock and a third party provider provides and ships the goods for you
for a percentage fee). You'll need to do your homework before you try
drop shipping as there are some unfortunate scams out there. You can
also think of opening your own eBay store and really expanding. The
possibilities with eBay are endless it's simply up to you whether you
treat eBay as a hobby or really commit to building a full-time income
around it. To learn how to make it BIG with eBay, visit http://www.MomsTalkBiz.com/make-money-ebay.html

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