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Shortcut to Ebay Riches

By: alligdigital

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I've being doing Ebay for a few months now and I'm starting to make some nice profit of around $850 to $1100 on a good week. Not enough yet to quit the day job yet, but pretty damn good .
Over time I will be sharing the secrets of my success , as I progress upward . What I can't tell you is the products I sell ok :) but I can save you from the pitfalls I have already encountered , and get you earning money today . I will assume you already have an Ebay account and have a general idea of how it works .

STEP 1 > This is the biggest step and most powerful secret !
Most of those guides or Ebooks you may have seen will tell you to find out whats a popular niche before you start Blah blah . WRONG!! The first step you should do is find wholesalers or Dropshippers and most of the good ones will tell you whats hot selling . All you need to know about a product is if it sells well ! Right?? You then find a hot selling item that you like , then search for the same item on Ebay in the COMPLETED LISTINGS SEARCH , that way you know if it sells or not , and you know what $$$ it sells for .
It doesn't matter if you have competition as you always will , it comes down to how well you market the item and how much you can undercut your competitors .

Step 2 > Where to find good wholesalers
Be very careful here , there are millions of wholesale leads out there , the largest being Alibaba.com . 90% of leads on there are SCAMS however , there are genuine leads, but who wants to spend time sorting through them all and almost inevitably getting ripped off . If you want to go to Alibaba do not pay via western union , you may as well burn your money , this goes for any transfer of funds . ONLY EVER USE PAYPAL OR ESCOW.COM and make sure the transactions are linked to a credit card , not a debit card OK!! That all you need to know!!
So Where do you find legit wholesalers and dropshippers ?? You pay for pre-checked suppliers thats how . You must have some startup costs for Ebay success just like any other bussiness. Its unreasonable to think you can start with absolutley no capital outlay . It can be done ,but this is about shortcuts , not lots of time wasted . The only two Wholesale sites you will ever need to subscribe to are listed below .
Salehoo For Pre-screened Wholesale Suppliers for USA, Canada, Australia, France, UK, Hong Kong and AUSTRALIA
Worldwide Brands Real drop shippers. Qualified wholesale suppliers.No middlemen.
"Wordwide brands seems to be rather expensive , but well worth it if you want to go bigtime and have the competitive edge "

Step 3 > Educate yourself in your spare time to hone your selling skills
I have read just about every Ebook and watched every video on Ebay and the only program I found worth its money is Ebay Millionaire Secrets . Honestly don't waste your time on anything else . The author is the real deal and covers every trick in the book with no fluff and filler . Like I said its all about finding shortcuts .
Step 4> Get Turbo lister
Just go to Ebay and get it , and learn how to use it ok :)
Step 5 > Start making money
When you find a product that sells , sell the crap out of it . List it many times and across a few different catagories , and look after your customers . Ebay feedback is everything so give good service and give good feedback even if some customers are complete idiots that ask stupid questions all the time . You don't need to sell many different items to sell just maybe 5 good ones and you will be on your way to easy money and a better lifestyle . I only spend about 1-2 hours a day on it which is just brilliant .
Some more free advise > When getting started, dropshipping is fine , but there is a better way with more benefits , its just a little more work for you . Let me explain .
Say it costs $100 + $20 shipping to dropship an item to a customer , that will cost you $120 right ? but lets say you bought 10 of those items delivered to yourself , you get both a discount on wholesale goods + a discount on your freight . so you get the items for $90 each and $5 each for freight totaling $95 . that gives you $25 in your pocket right away , the only trick is you then have to go to the post office and post your items for around $5 each , this still gives you $20 per item every time you ship something . Keep in mind you will be sending 5-10 items every time you go to the post office , giving you $200 profit just for doing a bit of extra work .
Anyway that's enough free information for now , go and make some money .
For regular updates see my blog.
http://ebayshortcut.blogspot.com

Rick

Article Source: http://depositarticles.com/

ebayshortcut.blogspot.com

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