My
Success With eBay
by John Jakubik
{Title
of Page}
by John Jakubik
Like most cyberpreneurs I have been searching the Internet for about 6 years now, desperately looking for a ways to bring in just a little extra cash. Over these past 6 years I have tried everything from the standard "get rich quick" scheme to those "you could be making millions with little or no effort" type of business.
Let's face it, even though the cyber world is relatively new, it's still based on a set of rules. Business rules. People are not going to sink endless amounts of money into stupid programs where they make no money. In most of the MLM and cookie cutter programs the only person who benefits is the first person who though of a way to deceive people out of their money. Get a real Job!
This next section might sound a little weird. But, here goes. This idea came to me one Sunday while I was lying around the house, watching TV and trying to read the Sunday advertisement inserts.
When my show was interrupted by the usual 3 minutes of commercials my eyes drifted back to the paper. I was reading this ad that said there was this local department store that was going out of business. In big letters the ad read "Entire stock blow-out. All stock 70-80 percent off". At the same time I overheard one of the commercials. It was a commercial for ebay. You know the online auction place. Anyway, I heard one of their slogans while I was reading the ads. "Sell your Stuff!"
I chuckled to myself, heh, what stuff? Then it hit me. What if I when to this blowout sale bought a couple of items and then posted them on ebay? So I did.
My test item was a Sharp Mini System. I had paid $115 for something that normally costs $230. Even if I had kept this stereo it would have been a great deal. But I didn't. I posted it on ebay for an auction lasting 5 days starting at $180. It turned out that I had 15 people bid on my stereo and the highest bid was $193.50. So I sold a stereo and made $78.50, big deal!
Well, actually it was a big deal. I found out that it only costs me $2 to put something on ebay, regardless of how much it sells for.
My next step in all this was contacting someone, anyone who knew anything about wholesalers. I figured that if I could get products even at 50% off I could still turn a nice profit. And that's exactly what I did. I contacted a company called Merchandise Marketplace. They deal with wholesale products, and sell them to you at a cost much below retail. And you don't have to buy in bulk to save either.
Week after week I place 6 to 10 items on ebay, each only turning about $45-$50 in profit. And at the end of the week, even if I only sell 6 items I have made an extra $300. The great thing about ebay is that thousands of people visit them each day, so you don't have to waste time and money on advertising.
So I say to you, Good luck and share the wealth!
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