2. EBay has opened up a whole new world in terms of
monetary gain and the elimination of household clutter.
Time was that if you found that your house was simply
getting too crowded, the day when the attic door just
refused to open over your head or the garage was just too
stuffed to fit your vehicle, you had no choice but to make
a trip to the dump or await the summer garage sale
season in order to get rid of some of the clutter.
3.
4. EBay works on the old adage that if the customer base is
big enough, a seller will always be able to sell any item, no
matter how obscure. This has certainly proved true so far
in the short history of eBay, where three million auctions
close every single day, in every area conceivable. You
might find it hard to believe, but the auction environment
is such that that pile of old National Geographic magazines
that you have might fetch close to their original value or
even higher on the site. There are so many opportunities
that some people have made a business out of becoming
eBay Power Selling professionals, with some stores netting
$1,000 a day!
5. In order to make eBay work for you, you have to use the
right approach both in your marketing and in avoiding
common eBay pitfalls. One great way to ensure sales is to
purchase or borrow a digital camera to take pictures of
your goods- items that have accompanying pictures are
much more likely to sell, and at a higher price, than are
ones that are placed without a visual aid. Buyers can see
what the product is like, including the condition it is in,
and thus the chance they are taking is much lower.
6. In terms of pitfalls, most of the deals that go bad on eBay
are avoidable if you have a good heads up. The first issue,
of course, is one of non-payment. If you have sold an item
on eBay to a buyer who just refuses to pay, a simple task
can become an arduous exercise in collections, and might
even end up costing you money. In order to avoid a non-
payment scenario, it is crucial to set up a payment option
before you ship the goods. If the buyer refuses to pay you,
all you have to do is relist the item and start another
auction.
7. Other eBay pitfalls mostly revolve around bad payments.
Bad checks, credit card fraud, international fraud, and
credit card charge backs are all part of the Internet selling
process. All of these situations can now be avoided,
however, by requesting payment through the eBay
developed Pay Pal. Pay Pal is a great way to receive money
from the sale of goods immediately, and also incorporates
a dispute resolution system in the event that the buyer or
seller is unhappy with the outcome of the sale.
