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How To Make Money On eBay With No Product?
How to make money on eBay
with no product? Hey what’s up guys! this Internet Business Opportunity blog,
a place where I help you to make money online, and in this article I will talk
about how to make money on eBay with no product in 2019, 2020 and beyond.
eBay is an online
shopping platform where you can list your items for sell. Let's look at how you
do it with no product. You’ll act as a broker here. You find the products that
are available for purchase on the internet at a discount, or at lower price
than eBay, and you list them on eBay as if you were the owner, yourself. Not to
worry. There's nothing immoral about this. As a matter of fact, it's becoming
very common these days. You should think of it like this. You're offering a
needed service to folks who aren't very good with internet research. You're
identifying items that they couldn't find, themselves.
There are lots of
websites where you can find remarkable deals on any number of products. Some
common places to look are the Amazon.com marketplace, alternate auction sites
(besides eBay), dropshippers, and online wholesalers. Once you find a great deal,
you need to do a little research to find out what the value is on eBay. You can
do a quick search of closed listings to see how much people are paying for the
particular item you've found. Once you've confirmed that there's a solid market
for the item you've found, you list the item on eBay. You can use a stock photo
of the item for your listing.
You'll get an email
notification as soon as the item sells on eBay. Then, you place an order for
the actual item from your supplier. In many cases, depending on the supplier,
you can have the product packed by your supplier so that it appears to have
come directly from you. This is often true in the case of dropshippers.
Otherwise, you'll need to have the item shipped directly to you; then you can
send the item to your buyer. This incurs some shipping costs, and it takes
longer for your buyer to get the item.
There's a little bit of
risk involved with this technique. The risk is to your eBay feedback score,
which is basically your reputation. You incur this risk by promising someone
else's merchandise, and you'll suffer if the merchandise is not available when
it comes time to deliver to your buyer. So, to protect yourself, you should
only list products that are in good supply. Do not ever list an item from a
supplier that only has a small quantity in stock. When someone places an order
with you, and you find that the merchandise is unavailable, you'll have to find
another supplier quickly.
The best way to manage
this risk is to use a dropshipper and to actually buy some merchandise from the
dropshipper, who then sets the merchandise aside for you. When the inventory
sells, the dropshipper packages the item and ships it for you. This virtually
guarantees that you'll never receive an order only to find that your supplier
is out of stock. Though, there is a little risk with this method, too. Once you
buy the merchandise, you own it, even though it's sitting in the dropshipper's
warehouse, and if the market price drops for that merchandise, you're out of
luck. You may have to sell the product at a loss.
So, both methods have
their risks. You'll have to choose which one you're more comfortable with. As
long as you're deliberate, you'll be fine. And you'll stand a good chance of
making some very good money on eBay, while never stocking anything.
Here
are five exact steps that you need to follow:
1.
Sign up for an eBay account
This was very straightforward. Go to the
website https://www.ebay.com/, click on the “My eBay” button at the top. From there you’ll have the
option to register for a profile. Follow the instructions and sign up.
2.
Find something to sell on eBay
Search for different sales
items on the internet, compare the price of same item on eBay. And, if you’ll
find some profitable, and you believe that you can do the best comfortably, then
you can choose the item for your eBay listing.
3.
Research the product and the price
Search for the product
name with Google Product Search. Look at the top 5 e-commerce sites selling the
product. This will give you the price, and more importantly, lots of details
about the product and the brand to put in the description to make it look
professional.
4.
List your items on eBay
eBay makes this really
easy. Chose to offer a free shipping because this attracts more buyers. You may
bundle the estimated shipping cost into the price of the item.
5.
Fulfill your eBay sale
It’s really, really
important to get those good seller ratings, even if you’re not quitting your
day job. Fulfillment means being a reliable seller, packager, and shipper, and
getting the item to your buyer ASAP.
Three
tips for best selling on eBay:
1.
Use really good pictures for the item
Like establishing a good relationship, first impressions are
crucial. That’s why you need to make sure your photos are great. Photos are
going to be the very first thing people look at when they click on your product
listing. So make sure they look as good as possible.
2.
Write a best description for the item
A good product description is the perfect marriage of
copywriting and selling. Because it’s not enough to just describe your product,
you need to sell the reader on why your product is perfect for your potential
customer.To do that, keep one thing in mind: Sell benefits, not features.
3.
Find your niche and focus on that
Find a niche market, and
go deep. Many people think that choosing a niche limits the amount of customers
you have — which isn’t the case. Choosing a niche allows you to focus your
offers on a specific group.
Hope this article is informative and helpful to you. Please comment your thoughts. Have a good luck! Thank you!!
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