"Discover How eBay Magicians Matt & Amanda Became Platinum Power
Sellers On eBay In Under Six Months...And Now Make Over $50,000
Every Month On eBay...Working Less Than 15 Hours A Week From Their
Beach Front Home"
And now they want to show YOU how to do the same, even if you're
an absolute beginner or a seasoned eBay seller. Included below are our 12 Steps To eBay Riches and 4 Free
Lessons.
Peter Makes $11,683 in Just 7 Days Using Every Strategy, System and Tip He Learns From Matt & Amanda’s eBay Magic System.
I invested in the eBay Magic Program around October 07 and followed every step and strategy. I put the effort in, spent the time finding my hot untapped market and basically did anything and everything Matt and Amanda suggested. I was so serious about this that at one stage I was ringing the help desk daily for advice and got the help I needed every single time.
Last week alone, I did a massive $11,683 in sales in just 7 days. The only problem is...I can hardly keep up with the demand! You have no idea how excited I am and how addictive eBay is once you know what you’re doing. This would never have happened without the eBay Magic system and the personal help I get all the time from Matt & Amanda and the Bidding Buzz team.
Thanks guys...we’re wrapped with the results and we know we’re heading for a very profitable year!
Pete and Theresa Bradley.
Because we had so many people wanting to know how we did it so
quickly, we decided to create this website to help and guide
you, with your own eBay business. We've included all of our fast
track tips and strategies that you can use to make your eBay
journey easier and painless.
So why do we specialise in automation for eBay?
Because without a way to automate most of the daily tasks,
you’ll likely end up like the other 95% of eBay sellers who
become eBay listing slaves, believing that the only way to make
more money is to keep listing more items.
Well, we’ve found an easier way. There are in fact, many
ways to make more money on eBay without becoming a ‘listing
slave’, it just takes ‘know how’ and a ‘proven, step-by-step
system’ that needs to be followed exactly, just as if you were
baking a cake.
There are 12 Success steps we’ve identified that can literally
take you from zero to a million dollars a year PLUS turnover on
eBay. These are our exact steps that saw us make over $600,000
in our first year on eBay.
Let’s now take a look at the 12 Steps To eBay Riches…
Click the triangle to play.
Success Step Number 1
Plan To Profit For The Long Term…
Start with the end in mind...know exactly what
you want your business to give you
Decide on youroutcome and then
work your way back
Plan for a profitable, automated eBay business
Build yourself an asset, not just an income
When starting any business it's always important to have
a plan of what you want out of the business. Is it time
or money or both that you are chasing? Not having a
clear outcome is like jumping into your car with no real
destination in mind and you end up going nowhere fast.
Knowing the exact steps on how to plan a business that
suits all of your needs and fits in with your lifestyle
from the start is paramount. Don't think short
term...plan to have an exit strategy from the beginning,
even if you think you'll never want to sell.
“Mixing all of the simple ingredients of our recipe,
will give you great long term profits”
Success Step Number 2
Discover HOT Selling Products & Services To Sell
Ongoing
Use external research tools for fresh ideas
Find hundreds of untapped markets on the eBay
websites
Your local community, magazines, TV, teenagers,
other countries
Identify your own talents or someone else’s to
create original products
Once you understand the power of knowing how to spot hot
untapped markets on eBay, you'll never have to wrack
your brain trying to work out what to sell.
There are tones of different ways find out what people
want to spend their money on. You can sell physical or
digital products on eBay depending on how much time,
effort and money you want to invest into your business.
“Sell what people want to buy, NOT what you want to sell
them”
Success Step Number 3
Sourcing Your Products
Start from home, then locally, then spread your
wings when you’re ready
Drop Shippers, Light bulk, Consigning
Buy Wholesale, Arbitrage, Retail overstock
Tradeshows, eBay Trading Assistant
Large Bulk, Liquidation, Close Outs
Importing, Drop Off Store
Create your own info products
As you can
see, there is a plethora of ways to find stuff to sell
on eBay. The next step for you is deciding on which
method will work around your lifestyle.
Once you
decide to become a serious eBay seller, you'll be amazed
at the amount of opportunity that comes your way. If
you're a beginner, always start by selling off your
unwanted stuff from around the house while you are doing
your research and building up your confidence and
experience.
If you're
already a seasoned seller, now is the time to automate
your business and create long term profits for the
minimum amount of time and effort.
Would you like some one on one help and personal access
to
Matt & Amanda?
to find out how to register for our monthly membership
for only $49 a month.
Success Step Number 4
Plan To Be In The Top 5% Of Sellers…Who Make The Real
Money
Know how much profit you’ll make BEFORE you
spend a cent
Know the best times to start and finish your
items
How to spy on your competitors to outsmart them
Get a mentor with proven results
Did you know that 54% of items
listed on eBay don't get a single bid, let alone sell?
This is because more than 95% of sellers are uneducated
when it comes to understanding 'how to' create an
auction that sends buyers into bidding frenzies.
Before you list
anything on eBay you must know what profit you are
likely to make, which day is best to sell, what time to
finish your auctions and know everything about your
competition. This is where you must stand out head and
shoulders above your competition to ensure you dominate
your category.
“Only ask the advice from someone who has the result you
want, no one else, because they’re not qualified.”
Success Step Number 5
Create The Best Possible Listing You Can & Blow Your
Competition Away
How your listing presents and what you say tells
potential customers about you. The great thing about
eBay is that its very simple to look like a big
player even if you're just starting out.
Set your business up to look professional and give
your customers confidence that you're the right
person to shop with.
Success Step Number 6
List Your Items In The Right Selling Format
eBay have given you a number of options to choose
from to sell your items. eBay people are famous for
enjoying the bidding process available in the Online Auction format. This has been the
foundation of the eBay success story.
Once you understand the different selling options
available, you'll find that it unlocks even more
profit potential. You can list your items as a 'Buy
It Now' Fixed Price, you can list the items
in your eBay Store or you can even list a Classified Ad.
We use all of these different selling options for
different types of products. Once you know what your
customers are like and what they respond to, you can
easily tailor your listings to maximise profits.
Success Step Number 7
Dominate Your Chosen Category Using Our Proven Simple
Steps
Blast your competition out of contention by
being the best
Become the expert in your category and dominate
the market
Make it silly for bidders to shop with your
competition
This is the most important
ingredient of all because unless you're seen as the
expert in your chosen category, there's every chance
shopper will place their bids with your competition.
Don't try to be everything to
everyone, be an expert even if it means you have
multiple eBay user ID's. Remember...people don't shop on
eBay just because it's cheap, they are looking for a
memorable shopping experience.
For example; if you're a
golfing fanatic, wouldn't you rather spend your money
with someone who's an expert in golf and shares your
passion...rather than someone who sells a thousand
different types of items, yet knows nothing about what
they're selling?
"People
always buy from people they know, like and trust"
Success Step Number 8
Give Outstanding Customer Service
Easily get your raving customers growing your
business for you
Great service happens after you've banked the
money too
Giving outstanding customer service puts more
$$$ into your pockets
It's so easy
these days to stand out from the crowd. So many people
think they can get by doing the minimum, when in actual
fact, it's easier to deliver outstanding customer
service anyway and the bonus is that your customers
become your best marketers for you.
Success Step Number 9
Automate Your Business
The Listing Process
Customer Payment Reminder Emails
eBay Feedback
Invoicing and Checkout
Payments and Banking
Item Sent Emails
And Much More…
Here's where the power of eBay
really kicks in.
Whether you decide to sell
digital or physical products, make sure there is a
constant demand and a never ending supply, so you
can automate up to 90% of your business.
Don't worry, if you happen to
sell one off items, you can still automate many aspects
of the daily tasks. Automation is the key to your
freedom so you can grow your profits, while still only
working part time.
“Work on your business not in it”
Would you like some one on one help and personal access
to
Matt & Amanda?
to find out how to register for our monthly membership
for only $49 a month.
Success Step Number 10
Build A Database Of Names So You Can Sell To Them
Over & Over Again
Capture The Customers Details With An Opt-in Box
In eBay
Begin Sending Out Relevant Newsletters To Build
Trust & Rapport
Market To Your New List Just Like In Standard
Internet Marketing
Building a database of names and email addresses, is
paramount to your long term success on eBay. As you
might know, it's easier and cheaper to sell to an
existing customer, than it is to find a new one.
Once you build up a good database you must give them
lots of free, relevant content based on your niche
market. This will build confidence and trust with your
list and they'll be open to buying products you offer
ongoing.
The easiest way to build a database is to use a good
data management system like www.AutoBusinessManager.com. This system allows you
to build a database of names, process transactions
online and contact your customers automatically.
“Do You Think Accessing Over 240,000,00 People Right
Now,
Might Make A Difference To Your Online Strategies?”
Success Step Number 11
Stick With The System...And Remember
Automating your business will truly set you free
Don't waste time & money trying to reinvent the
wheel
Follow proven simple systems that really work
Get peace of mind knowing the system will do
most of the work for you.
Remember, eBay is a fun business because it can
be automated, leaving you time to actually enjoy
life more
We've set out to help you save
years of wasted time by trying to get all of the pieces
of the puzzle together. Just like the famous hamburger
company, if you stick to the simple system, you'll
create a great business and be assured of a successful
outcome.
Success Step Number 12
Create Multiple Income Streams Through eBay
Once You Have The List, Promote New Offers On
Your Website
shopping.com, overstock.com, Google Product
Search, Yahoo
Shopping, Shopzilla & Much more
Create A Simple Online Solution With eBay’s
ProStores
eBay allow you to easily create your own website
using the ProStores system. This is where basically
anyone can simply create a website that sells
products over the Internet and on multiple sales
websites like the ones you see above.
While this may seem advanced, like the rest of eBay,
it's very simple to get started.
Would you like some one on one help and personal access
to
Matt & Amanda?
to find out how to register for our monthly membership
for only $49 a month.
We teach you eBay principles as well as business principles. And we teach them so that you can become self-sufficient and never have to rely on anyone else again.
No matter what eBay category you decide to sell into, you'll
have the skills to get up and running and be profiting in no
time.
You could have as many eBay businesses as you like, automated
and making profits, which become sellable assets in the future.
Once you have the right formula, you can take it as far as you
like.
Isn’t that going to be valuable to you? Isn’t that better than
having to lose time and money tyring to work out what to do next
if you ever get into trouble? You have Matt and Amanda, and our
team (who also run successful eBay businesses) to help and guide
you every single step of the way, no matter where you’re at.
It just reinforces that fantastic adage:
“Give a man a fish, and you feed him for a day.
Show him HOW to fish, and you feed him for a lifetime.”
Well, we’re SHOWING YOU HOW TO FISH. Everyone else seems to want
to tell you WHAT to do, but never the HOW TO bit, which is the
most important part of all right?
Now, to successfully make money on eBay, you first have to
understand what you’re really trying to do.
If you don’t, then it’s a little like handing a first-day
apprentice the best tools money can buy, throwing him on to a
construction site and expecting him to build you a house. It’s never going to happen. He doesn’t know a thing about
building. And he won’t be able to build one single thing until
he knows how to use those tools.
That’s what this ‘hand-holding mentoring’ program is all about.
Teaching you how to create an eBay business that will be a hands
free income producing asset…not just a job where you run the
danger of becoming a listing slave.
Ultimately, you’re about to discover the structure behind having
a highly profitable, automated eBay business that brings money
in 7 days a week.
In fact, we’re confident of one thing in particular. As you
progress with your weekly mentoring and with our personal help,
you'll know how to set up eBay businesses which will demand
attention, captivate and excite your buyers, all while sending
your sales soaring.
And we want you to be absolutely sure about something else…
You CAN easily create a hugely profitable part-time eBay
business and set it on autopilot. We know this because this
is exactly what we've done in a very short amount of time.
You CAN be in the top 2% of sellers who make the real money, if you follow our systems exactly as we say.
And You CAN become both Cash and Time Rich with your eBay
business without becoming an ‘eBay listing slave.’
You just need to know how.
In fact, most of things that you need to do, you may have
already heard about but didn’t know how to put them into action.
Well, you no longer have to wrack your brain and tear your hair
out because we’re going to take you by the hand now and lead you
on the right path to eBay riches.
All you have to do is click in the red box below and get started
right now…
Would you like some one on one help and personal access
to
Matt & Amanda?
to find out how to register for our monthly membership
for only $49 a month.
Click the triangle to play.
To Get You Started Right Now, Here Are Your First 4 Lessons Free
We've
included below, our first four lessons free so that you can get
off on the right foot with the basics. Our monthly membership is
designed to take you from zero dollars to over a million dollars
a year...so let's start right from the beginning.
We'll take
you by the hand and progressively introduce you to more advanced
steps and strategies, to make sure you achieve the goals you
want.
Setting Up Your Selling Account “How To
Unleash The eBay Entrepreneur In You, Step By Step, So
That You Can Grow A Very Profitable Business Very Quickly.”
Starting
an eBay Business From Scratch Has Never Been So Simple
Or Achievable. Your ‘eBay Magic’ Treasure Map Will Guide
You Every Step Of The Way.
This first section is all about learning to buy and selland covers the basics of selling on eBay. Even though this is an advanced eBay course where we’ll be showing you tips and tricks that no one else would dream of revealing, we feel that it’s important to cover the very basics in case you’re an eBay beginner.
On the other hand, if you’ve already been selling on eBay for a while now, and know your way around the eBay site very well, then you can move straight on to the advanced strategies right now.
If this is you go to the next section of the program.
Step 1 Open Your eBay Account
Depending on the country you live in, go to your local eBay homepage. In this instance we’ll go to www.ebay.com.
Click the Register button in the navigation menu at the top of the page:
First you'll have to create your 'user ID' and 'password'. This is going to be the name of your business and if you intend on running a serious eBay business, make sure you choose a user ID that potential customers will be able to remember easily. Don’t use your personal name mixed with numbers because it’s not professional and is certainly harder to remember.
For Example, ‘yourname14578’ is NOT a good user ID. Also, avoid using the underscore symbol _ as well because your customers will have trouble remembering it when referring business your way!
Your eBay User Name can be changed later on when you decide what your ‘niche’ will be and what you’ll be selling, but it’s time to get your thinking cap on and come up with a professional eBay name that you can sell all types of products with.
Next enter your personal information to set up your eBay account:
Once you’ve entered all your personal information, eBay will send you a confirmation of Registration straight to your email address and you just follow the steps in your email to complete the set up process.
At this early stage, you can use your current email address that your ISP (Internet Service Provider) has provided you with your internet access, however later on in this course we’ll be showing you how you can have your business name incorporated into your email address!
Now if you’re still not sure and want some extra help when setting up your eBay account, simply click on the Camtasia video below and we'll walk you through it!
Step 2 Creating Your Seller’s Account.
The best part about opening your seller’s account is that it’s FREE!
This is the second step to opening your account on eBay so you can start selling straight away!
Firstly you’ll need to think of something that you might want to sell on eBay. Don’t worry if you don’t have your photos or description ready to actually list it yet, we can just use it as an example and update it, change it or delete it later on.
Click on the multi coloured eBay logo in the top left hand corner of eBay to go back to the eBay home page and then click on the Sell tab in the navigation menu at the top right.
If you already knew what you wanted to sell, you’d simply follow the below steps. It will guide you through, step by step. It’s that simple!
In the Sell box enter in what the item is that you’re planning on selling. You can type in just a one word description, then click the Start Selling button and eBay will show you all the categories that other sellers have used for similar items. You can either choose between one of their categories or choose your own.
Remember to keep in mind that the categories that eBay chooses for you might not necessarily be the best category for your item to get the most exposure, so it’s great to know how you can look at all your options.
To choose you own category, simply click on Browse for Categories which is just under the start selling button. Then manually ‘niche’ down within the category until you find the best category. For example, let’s say you were going to sell a bookcase, you’d start by choosing Home and Garden, Furniture, Living Room/ General Furniture, then Bookcases.
No matter what you’re selling, keep ‘niching’ down until you see the green tick appear to let you know you’ve completed this step. If you only get half way through the process eBay will let you continue, however they won’t list your item for sale.
Whilst it’s easy to ‘follow the herd’ and use the categories other sellers are using, it really is best to put your items in the right categories so your buyers can easily find the items they’re looking to buy and ultimately you’ll get more bids!
Once you’ve found your category, you’ll need to enter in all the items details. There’s a few different views that you can enter your item details in, depending on what eBay platform (each country has their own platform) you’re selling from and which process you use to find your category.
There’s no wrong or right view to use and all the selling options are the same in each view, but don’t be alarmed if it looks different to the view that you get used to! eBay like to keep updating their site and keeping us on our toes!
Later on in the course we’ll explain what each of the selling options are and how to best utilize them to bring in maximum prices for your goodies, but for now we’ll just cover the basic fields you need to fill in, so you can set up your sellers account and start practicing with selling.
The boxes that have a green astrix * next to them are the compulsory sections that you have to fill out.
First is your title that you’ll use to explain your item. You only have 55 characters including commas and punctuation etc, so make the most of them!
How many times have you been searching for a new item to buy and typed in “*L@@K*”? (By the way that’s 8 characters that have been wasted!)
Next is your description. It’s not unusual for sellers to only have a one line description in the early days, but we don’t recommend this. There’s a whole art to Copywriting (Copywriting is writing the verbal elements of an advertisement and the process of writing the words that promote your product to it’s very best ability) that you’ll learn as you grow with us, but for now try to explain the product the best you can including all relevant information that you think your buyers would like to know about the item.
Your starting price is the price that buyers will start bidding at. Keep in mind that buyers love to bid the prices up and if you have the starting price too high you risk the chance of getting no bids.
On the next page you can see what eBay recommends your listing should have, preview your listing and see how much eBay will charge you for your Insertion fee (listing the item fee).
Step 3 Selecting Your Seller Fee Payment Option.
You have the choice of 3 payment options here.
You can have the fees you owe to eBay deducted from you bank account directly
You can have the seller’s fees charged to your Visa or Mastercard or debit card
You can pay the seller’s fees from your PayPal account (we’ll be showing you how to open a PayPal account and the benefits soon!)
Choose which payment option best suites you and don’t forget all these options can be changed later on if you decide another option is better suited.
Step 4 Verifying Your Account.
Next depending on which payment option you choose above, you’ll have to pick your preferred verification method. That’s either signing in to your PayPal account if you've already got one, entering your credit or debit card details, or by eBay calling you by telephone.
Depending on the method you want to use, just follow the simple steps. You’ll need to fill out all the fields’ required and then click ‘continue’ to move to the next page. Once you’ve been verified, you’ll be allowed to start selling immediately! Great isn’t it?
This program is designed to take you through all of the stages of setting up and running your successful and long term eBay business. Take the time now to go through the steps shown above so you can begin selling on eBay right now.
Remember in the early stages of selling on eBay we want to make sure that you don’t make any costly mistakes. So please don’t go and list your expensive jewellery on eBay hoping to make a killing. We’d like you to start out by selling small items from around your home that you have no emotional attachment to. This means that if you sell a few old books or CD’s etc, that if it only sells for 99 cents you don’t mind.
In the beginning we want you to get the feel for eBay by practicing and selling so you begin to understand the process. Selling these smaller items is designed to build your feedback up and get to know the system. Then as your experience builds you can tackle selling more expensive items, knowing you’ll be confident of making a decent profit.
Next, if you haven’t already done so, its time to move onto the next lesson of setting up your PayPal account so you can start accepting immeditate payments!
Here’s What We Want You To Take Away From This Lesson…
Open your eBay buyers and sellers account
Start thinking about your new eBay business ID name (remember this can be updated later on)
Be familiar with the different categories on eBay
Know how you’re planning on paying your seller fees
Start to look around the house for items you can ‘practice’ selling with
Have lots of fun and move one step ahead at a time
Would you like some one on one help and personal access
to
Matt & Amanda?
to find out how to register for our monthly membership
for only $49 a month.
Setting Up Your PayPal Account
"How To Set Up Your PayPal Account So You Can Get Paid Immediately From Your Customers."
So What Is Paypal?
Running your eBay business is just about impossible without a PayPal account. PayPal is a company owned by eBay with over 100 Million users and counting. PayPal has been promoted extensively throughout all of the eBay websites, as the most respected and trusted, payment-processing option available.
As a result, most people looking to spend money on eBay prefer to have this option available and could be deterred away from your items for sale if you don’t offer it.
PayPal is a very reliable way to receive money in your new eBay business, and it also has the added benefit of funds appearing in your account instantly.
If you process money through your own Online Merchant Account, it can actually take two or three days before the funds will appear. There’s also a bit to setting the account up before you can start to use and extra fees involved.
When new customers are anxiously waiting for their item to arrive, it’s great to be able to send out their item immediately, once payment is received and we often refer to PayPal as our ‘Magic Money Bowl’. Magic because it ‘fills’ itself up at any time, even when you’re sleeping or out shopping!
There are a few fees PayPal charge for processing your transaction, but it’s just a cost of doing business, and you need to include this cost when you’re researching the viability of a product to sell.
Let's Set up your account:
Firstly go to http://www.biddingbuzz.com.au/paypal.html and click on the Banner at the bottom of the screen. You’ll then be taken directly to the PayPal Sign Up screen,
See below for an example.
After you click on Sign Up, you’ll need to choose your Account type and the correct country you live in. There are three different account types that PayPal offer and here’s what they all mean:
Personal Account.
A Personal PayPal account is designed for buyers or small sellers that mainly Send Money to others. Personal accounts can accept bank account funded or PayPal funded payments, but are very limited on the number of payments your buyers want to pay funded by their credit or debit cards.
Premier Accounts.
A Premier Account is designed to accept unlimited credit or debit card payments (unlimited payments ARE what we want to encourage!) and for members who have a high number of transactions through PayPal.
Business Accounts
With a Business Account, you can also accept unlimited credit and debit card payments, but you can also have multiple users within the one account.
This is especially handy if you have staff working for you later on and you want to limit the amount of information that they have access to.
At this stage, we’re going to recommend you open up Premier Account so you can receive the unlimited payments!
Click the Start now button at the bottom of the column
Fill out your personal information and click the Sign Up button, again at the bottom right of the screen.
As part of the process, you’ll need to supply an email address. This basically becomes your account number, and you’ll need to choose a password. For extra security, don’t choose a password associated with your eBay account, and of course never reveal this to anyone.
The next step is to activate your account by confirming your email address. You can see the steps in the example below.
Confirm your email address
To begin trading, you then need to Verify your account and connect it to your bank account. This is a two-step process in itself but is explained very simply in PayPal itself.
Until you verify your account through PayPal, you will have limited access to your accounts, so don’t delay!
Here are some fantastic benefits for using PayPal in your eBay business:
It’s the quickest way to get paid immediately upon making a sale
Use your PayPal balance to pay for other online transactions
You can withdraw funds from your PayPal and transfer the money straight into your bank account
You can send payments with your credit card or PayPal balance
You can accept payments from credit card, bank account, or PayPal balance
You can offer PayPal insurance to your eBay customers
Offer loans to your eBay customers, where PayPal pay you the money up front and the customer pays back PayPal
You can record and track all parcels, and even provide the buyer with a tracking number
So How Does It All Work?
Once you’ve opened and verified your PayPal account, you can log into your Account Overview which will show you your PayPal balance. You can see the total in US dollars or Australian dollars, or even manage your currencies.
Underneath your Balance is your Account Activity that shows you the name of your buyer, the date the purchase was paid for and the status of the sale. Until your account has been verified, you may need to manually ‘Accept’ your payments. Where the Status on a Premier Account will automatically display the work Completed after the payment is made, until your verified it’ll display Accept or Decline.
If your buyer has a PayPal account, but there balance is on $0.00, they can still purchase from you and ‘Top Up’ their account to pay you from their Bank Account, Credit Card or Debit Card!
Now you can actually accept credit card payments without going to the trouble of getting an Online Merchant Facility! (But remember, when you do list your items, eBay gives you the option to accept Credit Cards separately to PayPal. Unless you do set up an Online Merchant Facility, DON’T tick the credit card option. Your buyers will still know you accept cards through PayPal.)
Check out this great camtasia that we've made for you showing you how to set up your PayPal account...
If you want to maximise the potential to make as many sales as possible on eBay, you’d be absolutely mad not to offer PayPal as a payment option for your customers.
We recommend giving your buyer as many choices to pay as possible including PayPal and Bank Deposit, however unlike PayPal, Bank Deposits can be time consuming when trying to marry up buyers payments, especially when you’re selling a large number of products for the same amounts or your buyer doesn’t leave a reference name!
PayPal is the one of the quickest and easiest ways to track your payments and eBay will even tell you when a sold item of yours gets paid for, which means there’s no extra work involved trying to track down payments. That’s right, all you have to do is log into your account, scroll through the list of items that you’ve sold and a highlighted dollar $ sign will appear next to each that HAS been paid for!
Then you can log into your account at anytime to watch your ‘Magic Bowl’ fill up! It’s quite safe to leave money in your PayPal account until you need to spend it, however you may also prefer to ‘Withdraw’ the funds straight back to your bank account.
As you want to sell your product worldwide if possible, PayPal will actually work out the currency conversions for you and you don’t have to worry about extra fees that may incur to convert the payment into your currency.
All too often we hear of overseas buyers sending cheques or bank transfers to our eBay Magic Members, only to find out that it can cost up to $20 extra to convert it back to their countries currency! No matter how much you sell your products for, $20 is too much to have to add on in bank fees!
Now that you have set up your PayPal account and you’re ready to start receiving payments, you need to find something to sell on eBay.
The next lesson will show you how to find products that you can start to sell on eBay ans see the profits flooding in!
Here’s What We Want You To Take Away From This Lesson…
Have your PayPal account set up and ready to accept payments
Navigate around the site and be familiar with how to check for payments and the status of payments
Set up your bank account so you can Withdraw money to your bank account
Enjoy the process and start thinking 'outside the box'
Would you like some one on one help and personal access
to
Matt & Amanda?
to find out how to register for our monthly membership
for only $49 a month.
OK…Now You’re Ready To Start Selling!
"Learn How To Think Outside The Box To Start Finding Products To Sell"
Now that you’ve got your eBay and PayPal accounts set up, it’s time to find some goods to sell so you can get the hang of selling and build your feedback up. Every top seller on eBay, including us all began selling the same way… that’s selling ‘stuff’ from around the house. Now…What to sell in the early days?
When you’re first getting started with your eBay business, the best way to go about it is to choose something to sell that is of…
Minimal Value
Unwanted item (an unwanted gift or something!)
It’s easy to pack and post
It’s not fragile
It’s in good, clean condition
In the early days you can’t expect to get top dollar for your goods because buyers don’t know and can’t trust you,UNTIL you have sold some products, given fantastic customer service and have thefeedback to prove it.
This is the main reason we recommend to not sell anything you’re attached to, or are hoping to get high prices for. Anything that you really don’t mind what prices you achieve is the type of productsto look at for and who knows, if you do get more than you expected it’s a bonus!
Here are a few ideas for you if you’ve come up blank!
DVD’s in good condition
Fiction and non fiction books in good condition
Old Comics
Toys and hobbies
CD’s in good condition
Crockery
Sporting goods
Consumer electronics
Dolls and bears
Name brand clothing. (Must be in good clean condition)
Motivation books, tapes, videos and DVD’s
Handbags
Purses
Leather goods
Old Records
The reason it’s important to start out by selling off your unwanted goods is so that you can grow your eBay feedback quickly to gain credibility as a seller.
You don’t want to be ‘cutting your teeth’ selling items of high value as you may not get the money you would hope for, or worse lose money, and in most cases
you won’t get as much for your item if you’re a brand new seller as you would being a ‘seasoned’ seller.
There are reasons why you must grow your eBay business step by step. It’s just like following a recipe…all the ingredients must be in place for the best results.
And of course, there are some things that you CANNOT sell on eBay. It’s a very good idea to know about these things before you go off happily listing everything in sight! Check out the eBay Listing Policies in the help section and know the rules. Before you get started!
You don’t want to go through the process of your listing your item, only to find that eBay have removed it. One of the biggest reasons eBay would remove your item is because of copyright laws. Legally you’re not allowed to sell ‘fakes or copies’ on eBay, so if you’re not sure of something’s authenticity (or don’t have the original receipts) the best bet is to avoid selling that item.
All the examples above are great ideas for you to start selling right now. This is exactly how we started our eBay business. Selling off everything in the house that wasn’t nailed down! We started selling books, DVD’s, tapes, Videos, CD’s, wallets, shoes, handbags etc.
I’m still amazed at some of the prices we got for these items. Never assume that no one will buy what you have on offer. You do not know what other people think and feel about certain products so never try to pick the market.
In the early stages of growing our eBay business, we were making a very nice income every week, just from selling things we didn’t want, use or need anymore.
This is called ‘Supplementing Your Income’ and is the first step to becoming a successful eBay PowerSeller. A PowerSeller is an individual or business that ranks highly among the most successful sellers on eBay.
They determine your status in terms of your product sales and customer satisfaction on eBay. Members of the PowerSeller program get a range of special benefits, including prioritized customer support, access to your own eBay representative via phone, promotional offers, eBay promotional merchandise, advanced selling education, opportunities to participate in research, and other special rewards.
To qualify for the PowerSeller program, sellers must consistently sell a significant volume of items, maintain a 98% positive feedback rating and provide a high level of service to their buyers.
So what do eBay class as a significant volume of items sold?
There’s 5 levels of PowerSeller status and each level requires different sales figures or items sold. You’ll also have to have to be an active member for more than 90 days, have more than 100 feedback and consistently have reach the below figures for 3 consecutive months or annually.
PowerSeller Level
Sales Per Month
Or Items Sold Per Month
Annual Sales
Or Annual Items Sold
Bronze PowerSeller
$1,000
100
$12,000
1,200
Silver PowerSeller
$3,000
300
$36,000
3,600
Gold PowerSeller
$10,000
1,000
$120,000
12,000
Platinum PowerSeller
$25,000
2,500
$300,000
30,000
Titanium PowerSeller
$150,000
15,000
$1,800,000
180,000
As you can see from the above figures, eBay can be a very serious business if you treat it as such. Obviously you won’t be able to become a Titanium PowerSeller over night, but by implementing each lesson we bring you each week into your business, will give you the best head start!
Having the PowerSeller logo next to your eBay user name is a great way for buyers to feel confident to shop with you and is ultimately what you should be aiming for.
Never Forget To Let the market tell you what it wants!
You’ve heard of the saying “One Mans Trash Is Another Mans Treasure” right? Well this absolutely true when it comes to selling on eBay and the great news is you don’t have to guess if your item will be popular.
In the following lessons, we’ll walk you through some of the tools that are available to you, so you can predict the outcome of your auctions and leave nothing to chance! But for now, it’s time to raid your house to find some items to sell.
It’s a fact that every household has around $2,200 worth of ‘stuff’ just sitting around collecting dust, which is great news for you. You’ll be amazed at how much some people will pay for your ‘stuff’!
After you’ve raided the house and sold everything you’re allowed to, (without losing a loved one ;) it’s time to start thinking about where you'll get cheap products that you can re-sell. Once you start believing and seeing how much stuff is out there to make a profit on, you’ll regret that you didn’t start selling years ago!
Once you have your ‘Buyers Eyes’ opened up you’ll start to find bargains everywhere you go including:
Op Shops and Second Hand Shops
Shopping Centre Sale Items (check right up the back of the store!)
Duty Free Outlets
Brand Name Outlet Factories
Wholesale Shops Dealing Direct to the Public
Flea Markets
Car Boot Sales
Garage Sales
Classified Ads in your Local Newspaper
Bulletin Boards in Shopping Centres
Finding bargains to re-sell can take a bit of ‘ferreting’ around until you find some gems, however it can be fun and very rewarding and a lot of eBay sellers make their full time income just this way.
Check out the below video of Amanda and Genta ferreting around a huge antique store right here on the Gold Coast. There were literally thousands of antiques and collectables hidden in every corner, just waiting for someone to buy and re-sell!
Just remember to stick to products you know a bit about and that are relatively cheap, as you don’t want a room full of unsalable stuff that only you like!
The only downside to buying one off items is that the research can be harder to do. This is why we’re constantly saying to stick to minimal value products that you’re prepared to learn from and possibly take a gamble with.
As soon as you’ve got some practice and are getting your feedback numbers up, we’ll be showing you in depth the research tools that you’ll be using to take the gamble out of selling so you can always be one step ahead of the market and your competition!
In the next lesson, we’ll show you how to research the items you’ve found to sell, so you can discover how you’ll be able to predict the outcome of your auctions and find out how much demand there is for that item.
This Weeks Homework......
Before your next lesson, try to collect a minimum of 20 items that you’re not attached to that you can practice selling with.
Try and collect a range of different items to sell, anything from CD’s, tools, books to kitchenware and homeware goods that you can start to research.
It’s a good idea to get a special note book just for eBay that you can keep a record of your items that you research so you can find out the market value of your goods.
And if you haven’t already, how about buying a few low cost items from eBay also? Then you can get the feel of what other sellers are doing and also understand the process your customers will go through.
Also get out your local phone book and have a look at how many shops (that we mentioned earlier) are out there. These shops may end up being ongoing long term suppliers and you can start to build relationships with them.
Here’s What We Want You To Take Away From This Lesson…
List as many things as you can from day one, starting your auctions for 99cents if you can. Remember..this is the learning phase while building credibility so save your 'good money earners' till you know exactly what you're doing.
Know that there are a million and one things you can sell on eBay. Don't get caught up worrying about where you'll find them, just keep your mind and eyes wide open and the opportunities will come your way faster than you think.
You can build your feedback by buying a few very cheap items from other sellers but the best way to go is build it by selling as much stuff as you can as quick as you can!
eBay is a real business and just like any business, it takes time and constant nurturing. The rewards will come if you follow the simple steps and believe in yourself 100%.
Have fun and when you've sold everything 'not nailed down' go to your friends and family and ask for their help. You'll be surprised at how fast your bank account will grow. During this time, start to think about finding things to sell ongoing that will give you the sort of income you really desire.
We'll be covering this in depth as we progress..
Would you like some one on one help and personal access
to
Matt & Amanda?
to find out how to register for our monthly membership
for only $49 a month.
How To Know The Market Value
Of What You’re Selling
"How To Predict The Outcome Of All Your Auctions"
So, once you’ve found something you’d like to sell, next step is to see what you’re likely to sell it for before you list it for sale. To do this, go to the completed listings area to determine the value of your product before you list it.
Completed Listings will show you all the items that match your keywords and have ended in the past 15 days, whether they sold or not and how much they sold for.
You can check the Completed Listings for items by:
Categories
Countries or Regions
Keywords
Item Numbers
Favourite Searches
Sellers
Post Codes
To get to the ‘completed listings’ area, you’ll need to be signed into your eBay account.
Click on the ‘Advanced Search’ box at the top of the page next to the Search box. You’ll land on a page that looks like this…
Then type in the item you want to research and tick the ‘completed listings’ box. Then hit the search button.
Once you’ve landed on the ‘completed listings’ page for this search, you will see a whole list of completed sales appear.
Some of the prices are in ‘green’ and some in ‘red.’ The ones in green are the ones that sold on that day. These are the ones you’ll be interested in looking at.
The example on the next page will show you what you should be looking at. There are a number of things on this page you will be taking note of. And remember…this is a guideline only. It is to give you a ‘ballpark’ of what your item is fetching on any given day.
In this example, the top three listings sold and the fourth was a no sale. Out of the three listings that sold, two of them were ‘auctions’ and one was a ‘buy now.’
Here is a list of what we look at in the completed listings area to compare what other sellers are doing and how we can learn from them.
Title description
What type of listing is it? ‘Buy it now’ or Auction?
Listing Description. Is it compelling?
How many bids did it get?
What were the photos like?
What were the postage and handling fees?
Was there a refund or returns policy?
Did the seller use a ‘hit’ counter?
Did the seller point out all the BENEFITS of the item?
Did the seller use threatening or unfriendly language?
Was the seller professional in all areas of his/her business?
Was there an ‘About Me’ page?
Was there a newsletter on offer?
Did the seller have an eBay store or just auctions?
Did you like the look of the listing overall?
Did you feel compelled or excited to place a bid on the auction?
Did you feel that you could trust this seller?
How about the sellers Feedback rating. What was it like?
By answering all of these questions yourself, you’ll be able to get a better understanding of how potential bidders and buyers will feel when they’re looking at YOUR listing!
Don’t worry if you don’t yet know what some of the question and features mean, we’ll be going over each one in depth later on in the lessons.
You can also change the search results in Completed Listings by clicking on the ‘Sort By’ box in the top right hand corner. Sort them by the dates they were listed, the highest or lowest prices achieved or by distance.
Doing a combination of searches will give you the most accurate results and prices. Have a look at the most expensive items, did they sell? Was the price just too high, or does the seller not have any idea what they’re doing?
Also check out the lowest prices to make sure you don’t make any possible mistakes these sellers have.
Completed Listings is a great way to work out what your starting prices will be, to make sure you don’t list your item too high or too low, but remember in the early days you want to sell as many cheap products as possible to get your feedback rating up so you attract more buyers later.
You’ll never know how popular your item really is unless you research it though Completed Listings first. There’s no point taking a great photo, writing a fantastic description and then not getting a decent sale price.
Completed Listings is one of the quickest ways to see what a product has actually sold for, but remember to compare apples with apples and only compare your stuff to the same brands, quality and condition.
Now that you’ll know the market value of your item and what you might expect to achieve for it, next week we’ll show you how to prepare your item to list it on eBay to have maximum exposure and buyers.
This Weeks Homework.....
This week you need to think of at least 5 new items that you may be interested in selling.
These can be products you’ve got to sell, or products you think might be ‘Hot’ on eBay.
Then do a Completed Listing for each one and niche down into the categories to narrow your results and compare them to the items you've actually got to sell.
Go through the above checklist for each item and pull each listing to bits. Keep a record of what you do and don’t like about each listing so you’ll be able to copy or avoid doing the same thing.
Right now what we are trying to do is get you trained to know what you are looking at when it comes to finding a hot market and know that your items will sell so you’ll always have hot products that are in demand.
Here’s What We Want You To Take Away From This Lesson…
Start to train your mind to know 'what's hot and what's not' by looking through the completed listings and seeing what other sellers are doing.
Make a list of all the things you like about your competition's listings and all the things you feel you could improve on.
Start looking at all the other things other sellers are selling to get ideas.
Make a list of how you'll create your listings so that you will definitely stand out from the crowd.
Keep a special notebook and write down all your product ideas and keep it with you at all times...you never know where you might be when an idea presents itself!
Would you like some one on one help and personal access
to
Matt & Amanda?
to find out how to register for our monthly membership
for only $49 a month.
We are not sponsored, approved or endorsed by eBay. While we use the eBay
online market place, eBay has no involvement whatsoever with our business
next to your eBay user name is a great way for buyers to feel confident to shop with you and is ultimately what you should be aiming for.
