Which way to go????
Its was a great time to sell. Yahoo and eBay where the only two sites where to auction off your stuff. Domain names selling like hotcakes. Remember the “Tickle me Elmo”. Yes, that made huge money on eBay and Yahoo.
Now you will find eBay dominates the auction market. Many other sites are up and running but none have managed to tip eBay from the number one on the list. I will provide you with a list for other sites you should list on.
Pros and Cons of eBay
Pros
1. They have a large consumer base
2. They pay huge money for Advertising
3. It has become a household name
4. Easy to list process
5. A great place to learn the e-commerce
Cons
1. Listing Fee
2. Billing system
3. Feedback
4. Lack of Customer Service
5. NO protection to Seller
6.You are obligate to their Terms and New Terms changing everyday
7. Will not open account if you cannot accept Paypal
8. You get lazy!
If you are already selling on eBay; then you would have already been exposed to the above. Once you start making money on eBay you get comfortable. You figure why bother to list elsewhere, the money is coming in and things are good… Hmmm…. are they, really?
I have sold on eBay for many years. I have sold as an individual and assisted existing companies, with techniques to get their sales up. I myself have generated sales on eBay of $100,000 a month. Now that is good money selling only on eBay. I have assisted others in making anywhere from 50,000 and up.
What I noticed was; once I had provided them with the tools to reach their goal they once believed was not possible, they got Lazy. Seriously, how is this to help any company prosper. Getting lazy and greedy can only lead you in one direction. My contract was done, I moved on, however, they did not.
I will provide you my techniques I have applied to assist others make money online. It is not the system failed anyone, its they failed themselves.
Quick example:
Company “A” reached their goal of $100,000 (GMS) in sales from eBay alone. They formed an eBay team, put money into better equipment and hired some additional support. Company “A” created the internal “In-house” sales team.
They sold directly from their website, drove traffic to make the sales. Making $75,000.00 a month in sales. A few months into their success, here comes eBay announcing changes. These changes affected their eBay sales figures. Sales from eBay dropped from 100k+ to around 25,000+/-. This lasted about 2 months. The company had to act fast.
They did, they put the teams together and drove traffic to their website. Within a month; sales from their website went from $75,000 to $250,000.00. WOW! The point of this is; they were not afraid to ask for help, they were not lazy nor were they willing to accept the decrease in sales from eBay and issue Pink slips. They are now selling close to 600,000 a MONTH. Yes, they are using eBay and other channels.
Company “B” – Well, they did not survive. They only sold on eBay, their sales were around $65,000 a month. They too had a website, but did nothing to drive traffic. They would occasional make a sale. When the sales dropped; the went into panic mode…..
Do we work on the website, do we drive traffic, how do we get the word out, what should we sell, what…when….where…..???????
My inbox and voice mail was full of requests to help. I at the time, was involved in a project in Hawaii 
. Not that I could not communicate, but I could not leave my client and jump to their rescue. I emailed them the again I once provided. They really were lost, with eBay fees due and some cancellation they needed something quick.
See, when I worked with them, I strongly advised them NOT to relay on eBay only. They had their own merchant account and website. No reason for them not to bring in sales directly. The management did not want to take those steps at that time. They were very comfortable with sales coming in from eBay. It was more money than they ever brought in a year from their store.
They closed down the original store they started with eBay and started from scratch. Now, they are doing well and have kept a steady growth.
You will get what you put into it. I am a firm believer in the “Law of Attraction”.
“Your thoughts will turn into things”. I have a vision board in my office. As I sit here today, I glance over at it and KNOW that I will reach each one of them. I am sitting here today doing what I want to do. To help others reach their goals.
Go….create your vision board, create a list of your goals. Let’s get you on the right track for success and happiness.
I am for taking advantage of the tools eBay offers you. I am against you limiting yourself to the possibilities available to you. I do not like to the limitations and power eBay and Paypal impose on you as a seller.
My next entry will be on working with your current eBay sellers account. I will be looking for a volunteer. So, if you just started and would like some help..just email me.
Have fun,
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Very interesting post, I have subscribed to feed
Therefore get a written opinion on the title from the Builder’s advocate along with photocopies of the title deeds. Certified by an advocate. If this is not available, get an opinion from your own advocate. You must also see the Agreement of Sale between the Owner and the Builder.
Ebay has many mechanisms to help you with listing and attracting more buyers. If you are planning an enduring career on ebay you can use the mechanisms. I would suggest you there are websites now a days offering tips and ideas to help you start a successful ebay career.
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You really make it seem so easy with your presentation but I find this topic to be really something which I think I would never understand. It seems too complicated and very broad for me. I am looking forward for your next post.