Why You Should Consider Selling on eBay.
Selling on eBay.
When I started Selling on eBay, I was using a Mac IIci. It was 1990 something and we didn’t have a lot of money. OK, we were broke.
I had just returned from a buying trip in Texarkana, Texas. I went there to buy some real estate. Buying cheap real estate had always been a dream of mine, and boy did I find the deals there. But that’s a story for another day.
I met a Realtor there that used the computer quite a bit. He was on eBay pretty much every day. Well I started asking him questions and one thing led to another and when I returned home, I started Selling on eBay.
I started selling miscellaneous items. Find an item, do an auction, sell the item, pack and ship, then do it again. What a pain in the neck. Then I came up with a better way.
I decided that I wanted to make one auction and sell many items. Maybe a boatload of items with one auction. Well there is only two ways to get that many items to sell. One way is to build, or make, the items. The other way, is to buy them. Preferably wholesale.
So like any good businessman I checked eBay for what was selling. Back then they had a special link for Hot Products. To be listed in that area the auction had to have so many buyers. Well I found my product. And no, I won’t tell you what it was.
I placed my first auction. I placed an auction offering 500 units at $19.95 each. Now keep in mind that I didn’t even have one of these units, let alone 500. Well my auction started and I eagerly watched.
Did you ever seen that old commercial for IBM? There were a bunch of people sitting in this office. They were all watching a web page counter, on a computer screen. Each count was a sale of their product. The first click came and everyone cheered and clapped. The second one came, third, fourth….
Then the counter starts to spin like crazy. It finally dawns on them that they have no clue what to do with all of these orders coming in. The counter went into the hundreds of thousands within seconds.
Well that was almost like my eBay experience. Fortunately, I limited my first auction to 500 units. Later on I was making 2 trips to the post office every week. Each time I would wheel in between 400 to 600 Priority Mail packages. All of them with Delivery Confirmation attached. Boy did those people love me? Yeah, right.
Selling on eBay may be one of the easiest way to make money, today, right now.
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