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Have an eBay Party

by Amy OBrien on July 7, 2014

 

Do your friends and family ask about your eBay business?  For me, once the people in my life found out what I do, they always seem to have 100 questions.  I enjoy talking about eBay and the impact in can have on your life, so it was nothing for me to sit down for a couple of hours and walk them step by step through the process.  As my business continued to grow, I started to get an overwhelming amount of requests for me to sell an item for someone.  Most of the time a friend would ask me, but it wouldn’t even be for them.  Since I was in the consignment business anyway, I just looked at it as a referral, and gladly took the gig.  This led me to an idea.  I started to think about how I could better use my time and make sure that I was getting paid for all of the work I was doing while helping others out.  My idea… Host an eBay Party!

So what is an eBay party.  This is nothing that eBay puts on or will teach you, however, I look at it as a Mary Kay party.  You have a host (usually a friend or family member), where they invite others to come to their house for a fun night of food, drinks, and to learn about how they can make money on eBay.  I ask them to bring one item that they would want to me to sell for them (on consignment, of course), and during the party we all evaluate what the item is worth and why.  I have two goals here.  First, I want them to look at me as a trusted seller, so if they may have more items they need sold, I’m their eBay go to person.  Secondly, I want to show them how they can start their own eBay business and make money for themselves.

During the party, I am able to share my story and show the basics of selling on eBay.  Through out the night, I pass out my business cards and let the potential students know that I also teach/consult and would be happy to set up an one on one training for them.  I usually charge around $100 an hour, but I give a 40% discount for those who host a party for me.

This has the potential of being a huge success if done right.  I recommend getting business cards and creating flyers to help promote your business.  You can read more about it HERE

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An eBay Strategy That Works

by Amy OBrien on June 23, 2014

Finding eBay inventory to sell can be trying at times, however, it can be easier than you think.  I recently moved into a new home, and getting out to find new inventory has been a challenge, however with my new(er) sales strategy, I haven’t had to worry too much.

I’ve actually have had inventory sent to me.  This isn’t inventory that I’ve ordered from a website nor is it a drop shipping program, its actually a strategic plan that utilizes my existing sales.  Heres how it works – When I sell something on eBay, I go through the normal process of shipping the item to the customer.  Like usual, I make sure that I am customer focused, package the item well, and I always ship fast.  With that said, there is one step that I do before I shipped the item.  That step is to drop a piece of paper in the box with a list of like items that I can sell for them.

Although the strategy is simple, there is a lot of work that goes in to this.  Before we discuss the pro’s and con’s, let’s take a look at what I do.  First, I should point out that I don’t do this for every customer.  There is no way I would be able to make a list that hits every niche, however I do have quite a few.  I made a list for clothing (baby and adult), electronics, knives, shoes, and more.  My thought is if they are buying a particular type of item, then they probably have something they want to get rid of.

Pros:

  1. Since this is a consignment business, I now can reach new customers all over the United States
  2. More business than I expected, which means less time searching for new inventory in store

Cons:

  1. More paper work and organization is needed
  2. Sometimes you don’t always get what you are expecting from the cusotmer

These lists that I drop in my shipped boxes also contain my email and phone number.  I set up a Google number for free so I can tell if I’m getting a call for work or from a friend.  If you don’t already have a Google number, then you can get one HERE.  Once someone calls and shows interest, I then explain the terms and conditions (I take 40% of whatever I sell).  This pays for eBay / PayPal fees, plus my commission.  If the customer is still interested, I ask for pictures of everything they want me to sell (this is just so I can see the condition), and I ask the normal questions – does it work, is it stained and so on.  Next comes the contract.  I send them a normal consignment contract asking them to sign with real ink and scan/send it back to me.  Lastly, I ask the customer to mail me their items at their own expense (although I make recommendations on how to ship).  When I list their item, I send them the eBay Listing link and have them email me any questions they may have.

This eBay Sales Strategy really works out well for me and I believe you can do the same thing.  You will need a business name (it can be your eBay name), and logo, and an email address.  From there, start your new consignment business and reach more people than you ever thought you could!

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Selling To The Paleo Diet Niche

by Amy OBrien on March 23, 2014

I’m sure by now you have heard of the Paleo diet.  Eat mostly meat and veggies, and skip the bread and sugars.  It seems everywhere I look there is someone talking about changing their eating habits, and jumping on the bandwagon.  I must admit, this was a huge lifestyle change for me, but those who can stick with it surely reap the benefits.  Although I’ve known about this diet for awhile, just recently my family tried to make the switch.  The hardest part was coming up with “normal” recipes that weren’t overwhelming.  There are three things that I’ve learned since starting this diet.

  1. Almost all of the Paleo recipes call for the same ingredients.
  2. It’s expensive (in most cases).
  3. It’s hard.

This got me thinking… Since this is becoming so popular, I know there is a demand for paleo “stuff”.  After brainstorming a bit, I realized that those same three things I learned could help me make money on eBay!  Let’s take all three lessons I’ve learned and look at them individually.

Starting with number one, “Almost all of the Paleo recipes call for the same ingredients”.  If you’ve ever taken a look at the Paleo diet and the recipes that you can make, you’ve probably noticed that most of them have similar ingredients.  One of those ingredients is Coconut Oil.  For some reason, Coconut Oil can be quite expensive.  We bought our first 8oz jar at Walmart for $7.  With that said, I lucked out and happen to stumble on a 54 oz jar at Costco for only $15.  That’s much better of a deal, and guess what, Coconut Oil is a big seller on eBay right now.  Let’s take a look at some completed listings of the exact product I bought at Costco:

This item is selling for almost double than what I can get it for at Costco.  After shipping and fees, I’m left with a $6 profit.  Here is the best news, if you were to take a look at these two listings, you would see that they are consistent sellers.  The listing on the bottom has sold 20 since the beginning of this month!  If this trend stays on the same path, then this one listing is trending to make almost $2,000 this year from Coconut Oil sales alone.  That’s not bad!

Like I stated before, the Paleo diet can be expensive, so if you, as an eBay seller, can offer a product cheaper than they eBay buyer is able to find it, then it’s a win / win.

Lastly, the Paleo diet is hard.  This is especially true if this is a 180 from how you eat today.  Because of this, there is a large demand for Paleo information.  People want to know easy recipes, how to get started, how to stick with it, and other tips and tricks.  If you happened to be educated on the Paleo diet, then this is your chance.  Writing an easy and quick eBook can be a great way to make money on eBay.  If you are a little more adventurous, creating a video dvd could bring you in even more money!

The Paleo diet is only gaining popularity, so selling to this niche will only become more profitable as time goes on.  So, take a few minutes and brainstorm on what else you could sell to this growing niche.

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