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  #9  
Old July 7, 2002, 01:16 PM
sandy
 
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Default thanks Dien and...

The potential for success is big!...
I was just thinking if you research
the markets and then find an offline
business person who is to busy to do
ebay you could form a joint venture with
them...interesting! (they have the inventory
and you could take care of the auctions)

Hi Sandy,

> I agree - eBay CAN be addictive! :)

> Here are a few of the ways I know of which
> people make money from eBay....

> 1. Sell on eBay.... You can easily buy from
> stuff from yard sales, buy liquidated stock
> below retail, or buy items unique to your
> area - and sell it on eBay for a profit.
> After a while, you'll find out what sells
> well, and what doesn't....

> After trying it out and making some profits,
> once you want to go into it "big
> time", you can use a service like
> Auctionworks to automate everything for
> you. :)

> This is what some people do full time!

> 2. Buy stuff on eBay, and sell offline. If
> you know how to reach people interested in a
> very narrow "niche", you could
> possibly buy stuff of interest to these
> people, and sell it offline at a profit.

> 3. Buy at another online auction site, and
> sell on eBay! Auction sites with fewer
> visitors tends to mean that there will be
> fewer bidders.... That means that items can
> often sell at other auction sites for less
> than they do on eBay. So, you can buy there,
> and sell on eBay for a profit.

> 4. Buy products with resale rights on eBay,
> and sell the product outside of eBay. I'm
> amazed at the products with resale rights
> you can get on eBay - often for $5 or less!
> You can't get everything there like this -
> but there's quite a lot. Do a search on eBay
> for "resale rights" or
> "reprint rights" - make sure to
> include the quotes!

> After you've done one search, you'll see
> your search term in the left column, under
> "Basic Search".... From there, you
> can do a more thorough search, by also
> checking "in titles and
> descriptions" and searching again.

> Once you have a product with resale rights,
> you can sell it however you like - from your
> web site, in ezines, etc., or sell it on
> eBay too.

> 5. Buy businesses on eBay, fix them up, and
> then resell them. I haven't done this
> myself, but I've explored the idea.... I
> believe you can really make a lot of profits
> doing this, but you're talking about
> spending at least a few thousands bucks to
> get something decent. The key then is to
> improve the business, and sell it for even
> more. If you've been building your own
> business, you'll develop the skills to
> improve other businesses too. :)

> - Dien Rice
 


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