Auction Power Guide

How do I make a profit selling on ebay? I have plenty of stuff to sell. And please don’t tell me to read those books.

To do this, you should take good, clear pictures, and learn to write nice descriptions with all the important details.

If i see two people on ebay selling the same thing, i will almost always bid higher for the item that has the best, clearest pictures and a good description that’s not full of crap or disinformation or lies or fluff.

You probably should NOT sell your best items until you get practice on selling, and get some feedback built up.

Many years ago, i tried to sell an engagement ring and i only had 2 feedbacks. People would email me and demand that i use Escrow, and some even told me that they would bid if i had higher feedback score, etc. I ended up selling it for a lot less than I should have, because i was inexperienced.

SO, sell a few books and trinkets first to get the hang of eBAy. In the mean time,learn what the value of your better items is.

The best tool is to use eBay itself. Look under the completed listings section (Advanced Search) and see what similar items actually sold for.

Don’t outright copy people’s listings, because that’s illegal. But it’s perfectly ok to learn from them.

Now, if you want to truly make profits – that is.. buy things cheap and sell them for more than you paid for them.. the key is your BUYING skills. Buying and sourcing really has nothing to do with eBay. Ebay just gives you the platform from which to sell your stuff. The buying part is up to you. After you sell all your stuff from your home, the next step is to learn how to source products. And make sure you only sell things you’re knowledgeable about.
Sourcing ideas are garage sales, auctions, even retail stores if the item is marked down significantly. Selling things to foreigners is a good way to increase profits. There is more risk in shipping stuff to ENgland or Sweden or Germany, but these Europeans like American stuff and sometimes pay a lot for it. But sell things Domestically first, to get the hang of it. Then move worldwide.

Also, sometimes you can use eBay to buy stuff to resell on eBay. But usually you can’t do this profitably until you have lots of experience, and you are buying from someone who is not experienced.

Finally, you should learn what eBay’s fees are. They definitely eat into your profits, and are approximately 9 to 15% all together, including PayPal fees.
So, if you sell something for 50 dollars, eBay and PayPal will probably take up to 7 dollars right off the top 🙁
So, if you paid 43 dollars for that item and sold it for 50, you didn’t make ANY profit. Ebay took it all 🙁

Finally (again) – eventually you will need to get your business and tax paperwork filed. If you sell one or two things a year, no one will care. But if you sell hundreds of items a year, you will be owing taxes. And of course that eats into profits too, for Uncle Sam and your State.

The “Rich Jerk” has created quite a stir on the Internet about
his new ebook revealing secrets on how to use use Google Adwords
and Adsense for big profits. He has recently sold a website on
eBay for $390,000 that had a $900,000 annual return. It only
took him nine months to reach that sky-rocketing figure.

The Rich Jerk’s real name is Kelly Summer. He often likes to
refer to himself as “The Rich Jerk” for his attention grabbing
and rude awakening marketing techniques. He has recently grabbed
notoriety amongst some of the leading marketing experts such as
Lance Groom, Jeff Mills, Dean Marino, Britt Phillips, and Karl
Payne. Some people are saying that this revealing ebook has
opened many doors for new and experienced marketers to make a
lot of online money.

The Rich Jerk has been able to earn over $13 million in the past
six years with clickbank and Paypal using these exact same
techniques he now teaches. Some critics say that The Rich Jerk
has revealed too much information and that could shrink their
pocket books by the competition of new marketing arrivals.

This book is also not for the faint of heart. It contains some
marketing tactics that are considered “grey hat” and “black
hat.” It also assumes readers are professional enough to
understand investing in their business, in the form of
advertising. Not every tactic is grey hat, black hat, or costs
money though – there’s a nice mix of many different tactics and
approaches. The book is a “no fluff” and “no filler” type ebook
that gets right to the point and shows you exactly how this guy
is making tons of cash.

The Rich Jerk is a legitimate online player. People are also
stating that they just couldn’t resist The Rich Jerk and what he
had to say in his brand new ebook. Ninety-nine percent of the
reviews online have stated, “don’t worry at all about feeling
like you got duped, because The Rich Jerk is not such a jerk
after all and his book was downright Awesome!” Yes he does have
an abrasive advertising style, but what the Jerk does do is make
a lot of money, and is now willing to teach other people how to
do the same.

In the first chapter, entitled “Creating an Affiliate Website
that Sells Like Crazy”, he covers building affiliate websites to
earn commissions from the sales of other people’s products. He
starts by listing 13 affiliate sites and ranks them as “must
join,” “maybe join,” and “join if you are bored.” Once you’ve
selected a product to sell, he goes through six specific writing
strategies to use on your affiliate site to hook the reader and
get them to click through on your affiliate link. He then gives
you a complete sample “sales letter” (it’s more like an article)
with all of his strategies at work.

The third section in chapter one discusses offering rebates to
your customers, but it’s not just the same old “buy from me and
I’ll give you part of my affiliate fee back.” The Rich Jerk
delves into specific ways to do refunds that will increase your
bottom line as opposed to simply offering a rebate.

In the final section of chapter one, The Rich Jerk writes about
setting up pay-per-lead sites, where you get paid $10 or so for
each person who provides you with his or her information (which
you then pass on to a company which pays you for the lead). This
is a technique that has not been explored in-depth much by any
of the mainstream Internet marketing channels.

So why is “The Rich Jerk” much better than you? The answer to
this question lies within his newly released ebook.

For more information on “The Rich Jerk” Go To…
http://www.RichLackey.com

See some of his actual sales below:
http://www.magazinemillions.com/sales.html

Please Help Hurricane Katrina Victoms below: Visit “RED CROSS”
by using the link below… http://www.redcross.org/

Victims of Hurricane Katrina are attempting to recover from the
massive storm that is still making its way across the
Mid-Atlantic States. American Red Cross volunteers have been
deployed to the hardest hit areas of Katrina’s destruction,
supplying hundreds of thousands victims left homeless with
critical necessities. By making a financial gift to Hurricane
2005 Relief, the Red Cross can provide shelter, food, counseling
and other assistance to those in need. http://www.redcross.org/

Lance Groom
http://www.articlesbase.com/affiliate-programs-articles/entrepreneurs-can-reach-record-income-levels-using-new-ebook-on-adsense-and-adword-advertising-techniques-409.html