How To Make A Living From Online Auctions and Ebay From The Experts

Posted on March 11, 2006
Filed Under Ebooks, Online Auctions

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In response to questions about starting a business on Ebay I thought I would share my own experiences and finding with you. About a year ago I was making plans to move home I decided for a complete clearout of all the things I was cramming away into storage and was never going to use the stiff again. In he past I would have just given away items to he local charity shop but now we have Ebay. I couldn’t resist the idea of selling my junk to anyone that would have it for a few cents. Besides I wouldn’t have to put a classified ad in the paper, giving out my telephone number and allowing complete strangers into my home. Yeh, Ebay took this hassle and risk away.

Don’t get me wrong I still had bag loads of clothes in relatively good condition to send to the charity shop but there were a few electrical items and PC equipment that I wanted to test out for Ebay [no electrical items accepted].

Would you believe that I sold every single item that I listed?

Absolutely brilliant!

I also dabble with a few more sales as a paintball and boys toys such as remote controlled Hummers and stuff people are really keen on for their kids and themselves. The trouble was I was only doing it for fun and didn’t have the time to do more. I did get some excellent tips from some very experienced Ebay merchants through Mike Enos who sells a hoard of products on Ebay and earn a very nice six figure sum as an Ebay Platinum Power Seller. Mike has also been on several seminars including the ‘Ebay Live’ amongst others and he really knows his stuff. You should read his newsletter or should I say listen to his newsletter as he has an audio file with every publication.

As for wholesalers I used Wholesale Directory. Mike uses them and I can confirm that they do have a grand supply of wholesalers to help you find good supplier for your Ebay niche market. You will also get an understanding of how to find out what people are looking for, as opposed to what you think may be a good idea.

My paintball idea was good BUT the competition was fierce and I wasn’t serious enough to carry it on. Although I was happy to loose a few pounds of excess belongings and have reduced the clutter in my home. So if you want to get started on Ebay do plenty of research first to find the best mentors and most profitable markets for your Ebay business ventures.

Don’t forget to try the DropShip Source Directory as well as the Wholesale Directory for some great suppliers. I also recommend that you read Robert Tungett’s ‘Auction Riches‘ ezine for more up to the minute Ebay tips and resources.