View Single Post
  #3  
Old July 8, 2002, 01:19 PM
Jack Lunn
 
Posts: n/a
Default Question

Sorry I lost the above post...

Congratulations on your initial success.

Can you tell us which ebook you read and if you would recommend it?

Thanks.

> Hello,

> I read Dien's latest post... and I too have
> been busy *behind the scenes" creating
> and testing business ideas. :-)

> (I currently have 3 different businesses
> going... all based on my
> "expertise" of Internet
> Advertising and Marketing.)

> Therefore, I almost never have enough time
> to post on sowpub anymore. Of course, I
> still "lurk." ;-)

> O.k. On to my question to you...

> Just as most of you (if not all), I've been
> reading about, hearing, and even thinking
> about ebay.

> So, I wanted to take the time to do my own
> test.

> I took a total of 10 days, from beginning to
> end, to implement the beginnings of this
> ebay test.

> Here's what I did...

> First, I invested $13 in an ebook to get an
> understanding of how ebay operates. Next, I
> went to 1 auction and 4 garage sales in a 2
> day period, and purchased some items for a
> total of $11.

> I than used the "secrets" I have
> used, over and over again, to get the number
> 1 listing on numerous Search Engines.

> I created what I thought to be an extremely
> effective ebay selling system in 7 hours...
> this system was based on our 3 years of
> Internet sales and marketing experience.

> Then, I took photos of my "ebay test
> items." After that, I placed my items
> up for sale.

> Since this was all new to me, I was a little
> nervous. Boy, did I feel funny when I
> realized I had just bid on one of my own
> items!

> I least that is what I thought... because
> within the first 4 minutes I had a bid!
> Hmmm... this could get very exciting... and
> addictive! :-)

> By the end of the first week, 8 of 11 items
> I had posted had been bid on, and sold.

> Now here is what I find to be *very*
> exciting... my investment for the
> "test" items came to $11.
> (Remember, I only paid an averaged out
> amount of $1 for each item. For one item, I
> only paid 10 cents for it at a garage sale).

> Eight of the 11 items sold. I relisted the 3
> items which didn't sell... I'm testing an
> idea with them too, now. :-)

> The dollar amount in sales returned was a
> total of $118!

> The lowest bid on an item was $3.00, and the
> highest was $46.25. (Again, remember... I
> only paid an averaged amount of $1.00 for
> each item.)

> Now, I know that $118 is not a great deal of
> money. And, of course, I have to deduct my
> one time investment of a $13 ebook. Also,
> the extremely minimal ebay fees.

> However, what I'm excited about is that I
> used the *exact* some methods on ebay that
> I've used on my other successful Internet
> ventures.

> So, my questions to you are...

> Would you consider my ebay selling
> experience a success?

> Do you think my ebay sales were a good
> enough ROI?

> If I put my system together in a
> "packet," do you think others
> would be interested in purchasing my system
> for selling on ebay?

> Or, do you think this was all just
> beginner's luck?

> I really would appreciate your honest
> thoughts and opinions on this test.

> I look forward to reading your comments.

> Cordially,
> Diane Everroad

> P.S. If you would like to respond to me
> personally, send me an email at:
> [email protected] .