Making Money On Ebay - Don't Give Up!
The banning of the sale of digital products on eBay has led to many online marketers abandoning the use of eBay as one of their revenue streams
. Changes of terms and conditions, and ever increasing fee charges, have had a similar effect too. However, those willing to stick with eBay are finding that it is still quite possible to make money on eBay.Smart sellers found that while the direct sale of digital products was no longer possible, there is a way to work around it. To get around this problem, they simply transfer one or more digital products on to a CD and DVD and mail it 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.
Taking this approach need not be a lot of hassle either, as you can use a fulfillment company to package, label and ship every CD and DVD that you sell. Basically, you provide them with a stock of raw materials and the customers details, as they come in at a later date, and they take care of the rest for a flat fee. The extra cost that using a fulfillment company costs can be covered by selling each product for an extra few dollars.
Turning digital products into physical ones also allows you to include various bonuses and upsells on the discs that you ship out. 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 completing an opt-in form, they would enter your email list.
Another way of making money on eBay is to enter the dropshipping business. It works like affiliate marketing in that rather than selling products that you physically stock, you instead sell products that belong to someone else. Having decided upon which of the many dropshipping companies to use, the rest of the process is easy to follow through. 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. From the latest high end gadgets, to fitness equipment, to cell phone accessories, you will be sure to find a number of products that the market is desperate to buy. 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.
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