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Ummmm....
EBAY is about all I do now besides playing POKER. I spend about 20 hrs a week on EBAY and maybe 60 hrs a week playing POKER. I started about 4 months ago and my income from EBAY is better than any I did with PORN. Became a power seller in 3 months (requirements is a average $$$ amount over a 3month period, so I guess I did something right).
If anyone i really serious, I will write a tutorial based on my experiences. It would be long and I need to find the time to do it. (Still recovering from the World Series of Poker)
The most important thing is finding your business model. Are you going to be a trading assistant and sell for other people, do the yard sale thing (too much time IMHO), buy bulk lots, or find a niche. Getting something to sell that you can make $$$ on is half the battle.
Secondly, you NEED auction management software. The software I use emails the person when they place a bid and thanks them as well as giving my dedicated phone number, does cross promotions, collects email addresses, posts feedback automaticall, and lets them know when I ship an item.
Get a good name, get your FEEDBACK up, and get repeat customers. Conside your business as a cost per acquisition per customer at first.
Your listings are very important as well as the time of day to end a listing. For example labor day weekend is a great time to buy but not so good to sell.
Also if you have a lot of items that are related, as I do (I mostly sell retro games, and also CDs and older movies), and lets say you have 50 auctions running at the same time. Then spend the $20 or so and put a couple of your listings as featured on the search page for that category. You may spend $20 to list an item and it may only sell for $10, but your listing is the first they see and then once they look at that listing they check out your others. It works.
THINK OUTSIDE THE BOX!
Lets say you buy a snoopy dog bowl for a pet at the dollar store. Where do u list it? In the pet supply categor? Nah...
How about in the collectibles.
Heading - Peanuts Snoopy Collectible Pet Bowl -
or lets say you have a DVD - Taps staring Tom Cruise
You could have - Taps DVD as the title or
Taps DVD "Tom Cruise" MINT LOW/FAST SHIP!
Perhaps one of the best tricks is the timing of your listings. Let's say you have 20 auctions ending 11pm EST on Sunday. Schedule another 20 to start at 10:30 PM on the same day as the others end. Many who are bidding on your listings will get to see your other auctions and if you have a bIN may even make a purchase. For this to work optimally u need to stress a shipping discount for multiple purchases.
And accept all forms of payment. I accept checks and on items under $50 dont wait for them to clear. Shipping is the most concer buyers have. My feedback is loaded with the fastest shipper on ebay and things like that. People will pay a premium if they know they are going to get the item fast.
ALSO - ON MOST AUCTIONS START AT .99! DON'T BE AFRAID! AND NO FUCKING RESERVE!!!!!!
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