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Tag: ebay

Do You Really Need Your Own Business Website?

by on Sep.26, 2011, under Hans Kristian Anderson

If you want to sell items using the internet, you may not even need your own business website. There are a number of places where you can go if you want your products to reach the masses – but you do not want to deal with the time and money expenditures that building a business website will entail.

These different options could save you ample time in getting your business up and running quickly. Then, if you decide that your business has become profitable enough, you can take your sales to your own website and retain all of the profits.

The most common third party company to use when peddling your wares is eBay. By using the online auction powerhouse, many people have found it fantastically easy to make quite a bit of money. However, selling items on eBay does not come cheap, as the company does charge quite a bit of money for each completed transaction. Do not despair, as you can still find it incredibly easy to set up your business and sell your products using an eBay store.

Setting up your eBay storefront is no more difficult than simply creating an account with the online marketplace. Although it is not good practice, you will have to also give some financial information to eBay when you sign up, so it is a good idea to dedicate a bank account, a credit card, or a Paypal account to eBay. Treat your eBay store like a business and it will be easier to keep track of all of your transactions.

You can start selling immediately with eBay. Just choose an item you want to list and place it on eBay. Aside from the tools that eBay gives you just for being a member, there are a number of fancy listing tools available for low prices for all operating systems. Some of them are even free. No matter the cost, if you want your eBay store to look professional, you will want to invest in one of these third party selling tools.

While eBay is easy to use and a very effective way of getting your products to a marketplace of millions from around the world, there are a few drawbacks. eBay takes its cut on every sale you make. You will have to pay listing fees and selling fees as well as Paypal fees on purchases people make through the financial service. This can add up over time, so while eBay is a great place to get your business started, it is not recommended that you stick with eBay as your sole source of income for longer than a year or two.

If eBay does not sound like it would be the proper marketplace for your products, you may want to consider teaming up with retail giant Amazon.com. There are two ways to use Amazon to your advantage – selling your used items in an eBay style manner or creating your own WebStore on Amazon. You should decide which method to use based on your predicted sales volume as well as how much of a reputation you want to establish for yourself.

Selling one product at a time on Amazon can make you some money, but it is not exactly an online business website. If you want to go full bore and make as much profit as you can, then the Amazon WebStore is what you should focus your attention towards. The Amazon WebStore affiliation will allow you to sell your products right alongside of Amazon’s products, allowing you to sell your goods to over sixty million potential customers.

Just like setting up a store with eBay, an Amazon WebStore is a cakewalk compared to designing your own business website. But there are monetary drawbacks involved as well–drawbacks that may deter you from engaging in a financial partnership with the retail giant.

While you can build your own Amazon WebStore using Amazon’s easy to use storefront designer, it will cost you sixty dollars per month in hosting fees plus seven percent of each sale goes into Amazon’s pocket.

All in all, if you think you can move enough merchandise on Amazon’s site, this is really the business alternative that you should consider. It offers roughly the same exposure as eBay and slaps you with far less fees so that you can make more profit.

Finally, if you are considering marketing or publishing as an online business, you may want to take a look at what Lulu.com has to offer. As the leader in online self publishing and all things print, Lulu is the place to go if you are attempting to make your fortune with art or the written word.

From calendars to books to music, if it is artsy, it’s on Lulu. All you have to do is come up with a creative idea, get Lulu to produce it, and then you get some profits based on what sells on their site. You can even take your published works to an Amazon or eBay store for even more exposure.

While the market at Lulu is limited, it is the best place to get discovered if you are willing to put in the time and effort to write a book, create some art, or even record a song. Even if you are not into making one of these activities into a full on business, Lulu provides you with a great way to make some money on your hobbies.

Like photography? Make a calendar. Have an opinion on the presidential candidates? Write a short book and have Lulu publish it. Play in a garage band? Record your songs and Lulu will sell your CD for you.

Although there are plenty of other programs that you can enroll in if you are looking to establish an online business without making your website right away, the above listed companies offer three of the largest resources for you to start selling right away. Their fees are affordable, their web traffic is huge.

They can offer you everything you want about an online store except for your own domain name and full control over your profits. If you want to be completely in charge of your business, you need to create your own business website.

Create Your Own Website

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Eshops

by on Aug.12, 2011, under Hans Kristian Anderson, Internet Marketing, Products & Services

Eshops

Selling products online is the next step for businesses, and a growing amount of 1&1 customers offer their goods on the Internet. It’s easy to get started and open your own online store via a 1&1 eShop.

Start your path to online success with their beginner eShops package, the 1&1 Starter eShops. The 1&1 Starter eShop provides a powerful, template-driven eCommerce platform that enables any level of user to create a fully functional, consumer-friendly online store within minutes. You can offer up to 50 items, create up to 5 product groups, offer your products on eBay and much more! As your business expands, you’ll be able to upgrade to a higher eShop package whenever you choose.

When you order your 1&1 Starter eShop now, you get 6 months free!*

Use the Internet to help your business succeed – it has never been easier!

Eshops

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eBay Abbreviations and Words

by on Apr.21, 2011, under eBay

 eBay Abbreviations

In this post you will find the most common eBay abbreviations and words. If I missed any let me know and I will add them.

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Bid: telling eBay’s system the maximum price you are prepared to pay for an item.

Dutch: an auction where more than one of an item is available.
Feedback: positive or negative comments left about other users on eBay.

Mint: in perfect condition.

Non-paying bidder: a bidder who wins an auction but does not then go on to buy the item.

PayPal: an electronic payment method accepted by most sellers.

Rare: used and abused on eBay, now entirely meaningless.

Reserve: the minimum price the seller will accept for the item.

Shill bid: a fake bid placed by a seller trying to drive up their auction’s price.

Snail Mail: the post, which is obviously very slow compared to email.

Sniping: bidding at the last second to win the item before anyone else can outbid you.

Initials & Abbreviations

AUD: Australian Dollar Currency.

BIN: Buy it Now. A fixed price auction.

BNWT: Brand New With Tags. An item that has never been used and still has its original tags.

BW: Black and White. Used for films, photos etc.

CONUS: Continental United States. Generally used by sellers who don’t want to post things to Alaska or Hawaii.

EUR: Euro Currency.

FC: First Class. Type of postage.

GBP: Great British Pounds Currency.

HTF: Hard To Find. Not quite as abused as ‘rare’, but getting there.

NIB: New in Box. Never opened, still in its original box.

NR: No Reserve. An item where the seller has not set a reserve price.

OB: Original Box. An item that has its original box (but might have been opened).

PM: Priority Mail.

PP: Parcel Post.

SH: Shipping and Handling. The fees the buyer will pay you for postage.

USD: United States Dollars Currency.

VGC: Very Good Condition. Not mint, but close.

Don’t forget to let me know if I forgot any important eBay words or abbreviations. I will add any new information as soon as it becomes available.

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Create an eBay Store For Drop Shipping

by on Jan.16, 2011, under Internet Marketing

You will soon be surprised at just how many sellers there are on auction sites such as eBay, who use drop shipping in order to earn an income.

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Certainly, if you are looking for a good way of gaining experience when selling online, it is by setting up an eBay store. The great thing is that you will have millions of potential customers who may well be interested in your products. In this article, we look at just what you need to do in order to get your dropshipping business up and running on an auction site such as eBay.
Eshops

A reputable and reliable wholesale company that also provides a dropshipping service is the first thing you need. Also, choose products from the wholesale company that are not already abundantly available online. You need to find out about their dropshipping program, once you have found your wholesale company, along with the fees that they charge for this service, and how they handle both the payments that you make to them, and the way in which the products are shipped. Then, once you are satisfied with what they are providing, and you have got your account set up with them, now you can move on to the next stage, which is signing up for your eBay store and get ready to start selling.

You are now able to start selling when you sign up to an auction site, the products you have decided to sell. You should ask your dropshipper to provide you with stock images that you can use, ?when setting up an auction item, along with the items descriptions in question. Though it is important, that you place items that you are selling into the proper category, and that you carry out as much research with regard to the price of them compared to what your competitors may be offering them at. It is also important that the description you provide helps it stand out from that of your competitors. A great way of doing this is by looking at a few of the power sellers on these auction sites, what they have and how they have set them up. Also, never price your products too low at the start of the auction, as you will need to factor in fees for posting the items, as well as ensuring that you making some profit on it yourself. Certainly, if you find that the winning bid is much lower than you expected, you can soon find yourself losing money rather than making it. So carrying out research with regard to the product you are selling is very important before you start posting any items.

Rather than just selling the items through an auction if you want, you can set yourself up with a store, such as eBay stores. This can certainly be more cost effective because the fee for listing items in this way is much more affordable. However, one disadvantage to this method is that your store may not get the same sort of exposure as an item that you have put up for auction. You can utilize both of these methods in order to bring more customers to you, if you are really clever.

But what is really important if you do decide to use this route for selling products from a dropshipping business, is that you provide a good customer service facility, as well as quick shipping. Soon you will find that by being able to provide a quality service, these customers will return time and again to purchase from you.

Also, eBay has a great email marketing feature, which means that you are able to email all your repeat customers who have decided to opt in to your email list with just one click on the mouse.

So as you can see from above, setting up a drop shipping business using an auction site such as eBay can be very painless indeed. Research your product thoroughly as well as finding reliable and reputable drop ship suppliers is vital however.

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Internet Business Opportunities Attract Thousands

by on Nov.16, 2010, under Internet Marketing

Internet business opportunities attract thousands of web surfers every year. Some people manage to make a living out of their Internet activities, while others are striving hard and without success. There is plenty of web content with tips and suggestions for those eager to develop an Internet business, but practice is the mother of all teaching.

There is a widespread opinion that affiliate marketing makes a good Internet business. The system consists of the promotion for various products and services belonging to a mother company. You get a commission for every sales that is made. Many advertising systems support affiliate marketing although the most popular is pay per click marketing developed for search engine operation. Adsense and Adwords occupy the top positions in the users’ preferences for these categories.

(Check out this video titled, “Traffic Generator Time Saving Tip” from FantasticInternetMarketingTips.com)

Blogging is another form of Internet business. You start it by creating a small website on which you write all sorts of articles or reviews on certain topics. The blog can incorporate various advertising systems, including affiliate promotions, thus generating a supplementary revenue. Blogs are very popular on the Internet because of the content richness and the possibility to target a very specific market. The skills required for such an Internet business include web marketing, copywriting and social networking.

You can also run an Internet business through auctions. Amazon, Craigslist and eBay are favorite websites where products are sold in the wholesale or retail system. The choice of the working pattern is entirely up to you. E-commerce is a close kin of Internet auctions. You should have some e-marketing knowledge as well as a solid education in email advertising strategies. Experience is usually a major plus here!

Freelancing is one other advantageous web career. Freelancers work in copywriting, illustration services, photography, IT programing and web design. All the services related to the information technology industry are better paid than the rest. Trade-specific knowledge is the major requirement under the circumstances.

Online consultancy services and virtual assistance represent two more ideas for people interested in starting an Internet business and go independent. Once again work experience in a field of activity is highly important for the success level. There are many other possibilities to work online, but it is up for you to decide which work category corresponds to your individual solution. Luckily, with a bit of knowledge and good skills you can make money online.

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