Is Making Money On Ebay Dead?
Since eBay banned the sale of digital products in their auctions
, many marketers have abandoned eBay as a source of income. Other factors to this abandoning of eBay included some policy and fee changes which were heavily opposed. However, those who were willing to stick with eBay found that is was still quite possible to make money on eBay.
For instance, while it is no longer allowed to sell digital products on eBay, but smart sellers found a way around it. What they did was to put one or more digital products on a CD or DVD and physically shipped it out to customers. In addition to having gotten around the ban on digital products, sellers were able to capitalize on the fact that physical products have a greater perceived value than digital products.
To save time from having to package, label, and ship every CD or DVD you sell, the best thing to do is to use a fulfillment company. These companies will basically package your CD or DVD up with a cover that you provide and they'll ship it out to your customers for a flat fee. For each disc that you sell, you could easily make a few dollars in profit.
If you want to get creative, you could add bonuses or upsells onto the disc that your customers are getting. Adding unannounced bonuses will create value and make your customer happy. You could try sending them to a website where they could buy additional products from you. Better yet, you could send them to a squeeze page where, upon submitting their opt-in forum, would enter your email list. From there, you would be able to sell as many digital products to them as you pleased.
Another way of making money on eBay is to enter the dropshipping business. Instead of keeping stock or selling something that you own, doing dropshipping will allow you to sell products which belong to someone else, kind of like affiliate marketing. It can be tricky to find a reliable dropshipping company, but once you do, the selling process is easy. All you need to do is create a listing on eBay for one of the dropshipper's products and wait for it to sell. Once it does, you'll need to submit the order to the dropshipper. The great thing about this business model is that it doesn't cost you any money out of your pocket. You only pay the dropshipping company's cut out of the proceeds of the sale.
You can virtually sell anything through a dropshipping company on eBay. You'll find companies that sell small items like cell phone accessories all the way up to large items such as pool tables. Since you are paid a cut of each sale, selling larger items would give you a larger profit margin. However, smaller items are more in demand, so you will probably sell more of them. No matter what you choose to sell, make sure you do the necessary research in order to find a reliable company to work with.
by: Jason James
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