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Archive for the ‘eBay Power Seller’ Category

Finding Wholesale Sources Is It Really That Freakin Hard?

Friday, February 22nd, 2008 |

by Graham Waite

If you are at all serious at building your ebay business in to a life long means of income at some stage you are going to have to find a wholesaler to provide you products to sell.

You might imagine this would be a easy thing to do, but I am afraid I have some rather bad news for you. You are not likely to get killed in the rush for wholesalers looking for you to sell their goods. No the harsh reality is on the whole most wholesalers would rather deal with large retail businesses and not online ebay businesses.

So where should you start when trying to find a reliable wholesale source?

I have found that the very best way to find good wholesalers is to do plenty of reasearch first. One way is to search using google with your keyword such as “computers wholesale” or similar search phrases.

I am quite suprised that not that many people look on eBay for wholesale goods even though there is a entire category dedicated to wholesale goods. You can find it by putting in words like wholesale and wholesale lots which came up with over 37,000 listings in the eBay search engine when I searched.

The fastest and In my view most consistent method is to utilize a on line source directory. The best one I have found is by World Wide Brands which you will find at http://www.auctionwealthsecrets.com/directory . This is a very well researched resource that I use almost daily and has made me many thousands of dollars.

If you live in one of the major cities you can also find wholesale suppliers through visiting tradeshows. The good thing about trade shows is they are only open to businesses so you know that you will get an opportunity to make some good supplier contacts.One good tip is to know what you are looking for and make sure you have done basic research so you look like a serious business owner and not a wannabe.

Although intimidating you could just get out the local or even national business directory and start contacting companies by phone. If you are trying to source products from abroad you may want to make initial contact via email or letter to ensure you can speak to some one who speaks your language or you will need to arrange an interpreter to act on your behalf as a very last resort.

Don’t forget as your business relationships develop with wholesalers you may find they offer you better deals than at first. Like everything in business as the trust by both parties builds so will the opportunities for greater profits.

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The Ultimate Online Home Business What Does Ebay Give You?

Tuesday, February 19th, 2008 |

by Graham Waite

I can think of many reasons to set up an ebay business but I have to say in my opinion the best reason is probably that you can get started with only a few bucks in your pocket and within a matter of hours. It is this exciting prospect of being in business with so little upfront investment that has attracted many to the eBay way of life.

In addition it may be possible if you have a popular hobby that you can run as an eBay business that gives you the chance to interact with people who enjoy your hobby as much as you do.

One reason eBay is so popular with buyers is we are all very busy people and often to visit stores especially those which sell niche items can require us to travel sometimes even interstate travel.By providing a eBay business that caters to your niche market you are delivering a much wanted service to your customer in the convenience of there own homes.

If you have already sold things on eBay or have brought things on ebay you will have experienced the excitement of a bidding frenzy especially if you have brought or sold items which are in high demand. I can still recall the almost child like joy of watching my first eBay auction.

For some people who work from home it’s a matter of choice as an alternative to working for a boss or running your own brick and mortar business. However for other people they start an eBay business more out of necessity. Parents with young children can spend more time with their children and not have to leave them with childminders. Others work at home to look after elderly parents, or maybe sick or disabled themselves and unable to get a regular job or are just looking after a loved one who needs care.

Another big bonus is you can wave goodbye to those ever growing gas bills as the cost of travelling to work continues to spiral ever upward. I can still recall looking out of my bedroom window watching my neighbour scraping ice from his car windshield while I looked forward to a day in the warm in front of my PC.

When you run a business from home you are able to claim tax deductions for expenses you incur day to day in running your business from home. Each authority has different rules so you should consult your tax adviser to find out exactly what you should be claiming.

The hours you choose to work when running an eBay business are pretty much down to your own choice. Since eBay is a global market place and auctions can last several days you have the opportunity to work hours to suit. If you are a night time person you can work at night if you are an early riser you can work those hours also. This means you can spend more time with your family and watch your kids growing up while other parents are at work.

The great thing is even if you work the same hours you used to in your job when establishing your eBay business every hour you put in is an hour building your business and future and you are now no longer answerable to anyone else.

Truth is when you run an eBay business you can control your own destiny and decide exactly how you will develop your business and in which markets you would like to sell in.

There is a old saying by Confucius that says - “If you are doing what you love you will never work another day in your life”. Now as the Nike ad say’s just do it.

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Ebay Have You Discovered It’s True Magic Yet?

Friday, February 15th, 2008 |

by Graham Waite

Those new to eBay are sceptical that such a system can really work fairly. Few people understand with such a vast market that eBay is in fact a good indicator of supply and demand for most products. It carries with it almost a mystical honesty. It often shocks people when rare and valuable items sells for such huge sums where most people fear the products will sell too cheaply. It seems that market forces come into play and rarely is the market wrong.

Where you need to practice caution and vigilance is at your point of purchase. You actually guarantee yourself a profit when you buy correctly. It’s a bit like buying a property below market value in real estate.

If you don”t know what I mean by that concept you need to read Robert Allen’s “The Road To Wealth” its an inspirational book and although it is about real estate the same principles apply.

All to frequently people make the mistake on eBay of starting their auctions to high. This is a fear that the market will look to hoodwink them and they will not obtain a fair price for their item. It might be suprising but this misguided behaviour is probably more to blame for unsold items than any other.

When grasping eBay the novice feels a little out of the depth when hearing tales of high value goods sold for huge sums of money.

It is this kind of misguided information that just shows the massive gap between the rookie eBayer and those who have learned to play the game. Whilst is expected when first starting any new venture you’ll have concerns they should not leave you so paralysed that you are afraid to make mistakes and learn those tricks of the more experienced quickly.

But adopting a safe but secure buying policy it is more than possible to build in a safety net to minimise losses and maximise profits.A good starting point would be look for a 50% mark up and do your homework first as to what the item has previously fetched on eBay.

That way you ensure a steady and generous profit. Researching gives you the know-how that leads to confidence.It is possible to make use of the same basic marketing ideas and strategies and not get burnt or hurt with eBay. From this cautious beginning it is possible to reach a point where enough is learnt to play it like a game.

Most successful eBayer’s would tell you if you can read email and reply you can run an eBay business.

Dale Calvert has a simple philosophy that provides a steady foundation for his success: He believes that you can have anything that you want in life as long as you are prepared to help enough other people to share the wealth.

My first ventures on eBay were to show that not only was it possible to make money on eBay but in time I wanted to illustrate the possibilites to others. eBay is one of the few business opportunities if done right can allow you to learn as you go without exposure to risk.

So if you are ready to take up the challenge it’s all down to you from here on in.

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How Running An Ebay Business Isn’t All Hard Work And Can Be Fun

Saturday, February 9th, 2008 |

by Graham Waite

It is the common view that you cannot be doing anything worth on eBay or business generally if you are actually having fun. If it is fun it is not really work, and if it is not work you cannot really be earning a living can you?

So many people are filled with in built sceptisism when they are told you can enjoy making money. People are programmed naturally to expect making money to be hard and definately not about having any kind of fun.

The interesting thing is that the people who are really earning good money on the Internet are having lots fun.

When talking to successful internet enterpreneurs it’s clear they can’t understand why people have such a hang up with having fun and choose instead to build a proper bricks and mortar business or a drudge job.

Anyone who takes the time to question the theory behind the puritan work ethic might come up with some interesting facts.

However on the other side of the coin are those who enjoy making their money. On the whole they are more content, less stressed.With their bank accounts full and their sanity in tact they could not care less about working to retirement as they face every single day with renewed challenge and enthusiasm. Why retire from that?

Consider the possibility of making a serious amount of money on eBay.

Most people fall into two categories here: those that believe that they need to muster some kind of superhuman capacity and those that believe that they cannot begin to compete with the big fish in this giant entrepreneurial pond. Both end up in the same place. Unsuccessful.

This is the biggest challenge for those who coach others on doing business on eBay. What they come up against is a level of seriousness that stands in the way of the fun that is an integral part of any virtual business.

Those who make it on eBay have to be creative; they have to be thinking outside the box. And, the thing about seriousness is it’s a great big box that people get stuck inside of.

“I think a lot of people think too big to start,” says Chris Lakey, one of today’s top Internet marketing professionals. “They think they have to have everything figured out…”

Having spoken to a number of highly successful players on eBay the one thing they all said about newbies was they feel intimidated when they start to think of the millions of dollars some people are already making on eBay. Their first reaction is one of excitement the second one of sheer terror.

But the most important thing is just to start the ball rolling. There is nothing wrong with thinking big but be happy to start small, then build to a bigger business step by step as you go.

So in my opinion and also those who have seen huge success on eBay just get some thing going and start having fun and before you know it you will wonder why you are having so much fun making money.

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Why Doing Your Ebay Research Can Pay Huge Dividends

Friday, January 25th, 2008 |

by Graham Waite`

Do you home work…. Brings back memories of your childhood maybe. But did you know that top business man Dale Calvert recommends this very method of growing a business on eBay. That’s right a little bit of eBay research goes a long way.

Look around and find out what’s selling and whats hot on eBay for collectibles.Spend a few hours a week at local auctions or scanning the online catalogues and you could be quiting the day job faster than you might be thinking.

What entrepreneurs like Dale Calvert point out is eBay is a highly competitive market place especially if you are try to compete in the main stream markets of electronics and games and the like.

Remember the origins of eBay were as a collectibles and antiques selling platform not as many see it today as electronic flea market.

To be a serious player in the antiques and collectibles markets you have to have your head screwed on right, do your research and have your finger on the pulse both on and off line.

Some time ago Calvert found an old 1898 Harper’s Review listed on a local auction. A lot of us may not have even noticed it but it rang some alarm bells for him.

He did his homework by checking on eBay and saw that it had sold for $500. With that knowledge neatly tucked into his brain he headed for the auction. He bought the book for $40 and sold it for $480 within the week.

On another visit to an auction house he was able to buy some presentation screens which he picked up for only $225 and managed to flip them using ebay for a $1500 pay day. Nice work if you can get it!

You don’t have to adopt the buy em cheap stack em high philosophy to make a couple of thousand bucks a month. It can be quite low key.But checking the local newspaper for classifieds and auctions. Go on the internet and then refer back to what has been selling well on eBay and at what price.Simple really but so few understand it.

If you want to double your money a simple formula Dale Calvert recommends is never bid more than 50% of the eBay selling price and you are pretty much guaranteed success every time.

It’s obvious really at local auction there are maybe at most 100 to 200 people with a fraction of that bidding so your market competition is so much lower.It is just sound business.

The auction price you pay there reflects that. Then you are taking that same product into a market of hundreds and thousands of people who are interested. And the price you get for it reflects the demand.

If you hang about in auction sale rooms and know your market on eBay you soon have a handle on this stuff. Don’t be suprised to find that people collect almost anything from beer mats to antiques and once you recognise the valuable from the junk your income will grow rapidly.

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How to Start Buying On eBay

Friday, March 30th, 2007 |

Are you interested in doing your online shopping on eBay? If you are and if this is your first time using eBay, you may be a little bit nervous, as many first time eBay buyers are. The good news, however, is that buying what you want on eBay is a relatively easy process. To get you started on that process, you will want to read on.

The first thing that you will want to do is register for a free eBay account. Although you do not need an eBay account to view all of the items that are currently available for sale, you do need an eBay account to bid on items listed for sale on eBay. When it comes setting up a free eBay account all you need to do is provide personal information about yourself. This information includes your address, your phone number, and your email address. You will also have to create an eBay sign in name and a password for yourself. These items will be used to login to your eBay account. Once your account has been verified by email, you should be able to start buying right away.

Speaking of buying your items; one of the reasons why eBay is so popular is because it is one of the largest online marketplaces. Internet users are not only able to shop on eBay, but they are also able to sell on eBay. That is what has led to millions of items available for sale on eBay, at any given time. While having a large selection of items to choose from is nice, it can make finding what you want hard; however, there are ways that you can easily navigate the eBay website, to find exactly what you were looking for, in a relatively quick way.
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Here I'll share my knowledge, discovery and experience related to my hobby and work. Most articles on this site are related to blog design, short reviews, tips and make money online. More

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