How to Make Money on eBay

June 16th, 2009

Part FOUR of the 10 Ways to Make Money Online Series

The fourth method for making money online that Jimmy D. Brown shares in his free report (link above) is to sell products on eBay (pages 14-15). He mentions that you “won’t find hotter leads than people who are browsing eBay, because they are obviously looking for products to buy“.

Tapping into a marketplace of buyers is a smart move. People search Google for information. YouTube for videos. eBay… for products and deals.

So how can you tap into this marketplace? Jimmy suggests one of two ways, or a combination of both: sell products for direct profit, or use eBay strictly as a lead generator to funnel buyers into your sales funnel.

Most of you know that I used to ‘work’ eBay heavily back in the 90’s. Not only did I train powersellers, I also parterned with two local wholesale companies where we were selling $20-$30k/month in merchandise on eBay. That was physical products of course, not info-products.

Jimmy points out an important note about selling info-products:

If you’re selling downloadable products like ebooks, eBay now requires you to mail the product, which means you’ll either need to make a print product, or you need to put the product on a flash drive, CD, DVD or other device.

Just this week I got an email from Alan Petersen with a link to download his free report on this topic: Selling Ebooks on eBay. It’s an in-depth 30-page report, so if this interests you then you’ll definitely want to download the report and give it a read.

Alan goes on to give more tips for selling info-products and building your list by using eBay, without having to create physical versions of your info products. See: Can You Still Build a List on eBay?? Oh Yeah! (be sure to check out the other video he links to there as well)

That should get you started with virtual products, but let’s get back to the topic of selling physical products on eBay. As I mentioned I have quite a bit of experience with that, but I quit selling on ebay years ago. So I decided to pull in a more current expert on the topic…

Meet Lisa Suttora

Lisa Suttora is an ecommerce expert and successful information marketer. Online since 2002, Lisa first created a thriving ecommerce businesses selling physical products in two of today’s top marketplaces, eBay and Amazon.com. A featured speaker at eBay Live! for 4 years running, Lisa has taught more than 175,000 people how build unique, remarkable & profitable online businesses.

Lisa’s website www.WhatDoISell.com is one of only 34 eBay Certified Providers worldwide and has been featured in Entrepreneur Magazine, Practical Ecommerce and Shop.org, the premier ecommerce trade association.

With a unique blend of more than 15 years of both online and offline retail merchandising experience, Lisa brings a fresh approach to the topic of what to sell and how to sell it.

Join Us Live: How to Make Money on eBay

Lisa has agreed to join us live for a Free Webinar this week to go into detail about how to make money on eBay. Since there are only 100 spots on the live webinar, you’ll want to make sure you’re signed up for the notification list so that you can get a link to the recording emailed to you in case you miss it.

Date: Tuesday June 9th
Time: Noon EST

Join us live, or listen in to the recording to find out:

  • How Lisa Got Started Selling Online
  • Why an eBay Business is Perfect for People Just Getting Started
  • The 3 Physical Products Business Models
  • Creating an ECM (eBay Cash Machine)
  • Finding Products to Sell
  • How to Get Started Selling on eBay Right Away
  • Tips for Selling Successfully

The live webinar is Tuesday, June 9th at Noon EST. If you can’t make it, I’ll send the recording out via email. I’ll also have more resources to help you make money on eBay this week as well – so stay tuned ;)

Best,

p.s. Make sure you’re signed up for my free weekly webinars. The link is: http://www.selfstartersweeklytips.com/webinars.htm You’ll want to log in a few minutes early – the room fills up pretty quick!

p.p.s. Lisa’s site is normally $47 to access, but she has set up this special link: http://whatdoisell.com/lynn for you to have a $1 trial. Enjoy!

- – - – -


eBay Success Stories

June 16th, 2009


With eBay as our topic of the week, I asked my friends on Twitter to share their resources and eBay success stories. I got several cool responses, so I’ll share those with you here.

Julie Anna Schultz has been a full-time powerseller on eBay for 6 years, ultimately bringing her husband home as well with her eBay income supporting a large family of 13. She mainly sells older hard-to-find children’s books, as a homeschooling mom of 11 children herself…

Julie Anna’s Powerseller Profile:
http://myworld.ebay.com/bookjewelsforchildren/

Julie Anna’s Personal story:
http://familybusinessideas.com/the-booksellers-page/

Julie Anna’s service for aspiring book sellers:
http://lynnwsn.booklists.hop.clickbank.net

- – - – -

If you missed the original post in this series, see: How to Make Money on eBay. You’ll find the link to our eBay Webinar in that post, as well as a special offer from Lisa Suttora to access all of her eBay training for only one dollar (normally $47). It’s a great deal! About Lisa Suttora’s website, Jeff Jones said:

My first online business model involved full-time selling on ebay.

It wasn’t until I joined WhatDoISell that I had a legitimate business and made regular income on ebay.

I can’t recommend her coaching and information products more highly. You’ll make the money you spend back in short order. source

- – - – -

Jenn Cangelosi – aka @Jennwahm on Twitter – replied to say: Not only do I sell on eBay, I teach others to succeed at BoutiqueBargains.com. Jenn’s success with eBay started out as a hobby on the side while she was still working at her full-time job in corporate banking. When she lost her job unexpectedly she turned to eBay, and to helping other mom’s with eBay, full time. Read Jenn’s story here

Jenni Hunt, who is part of Jim Cockrum’s expert team, says that she has consistently doubled her profits every year since starting her eBay business in 2003. Jenni specializes in researching trends with selling children’s items on eBay, and like many others now teaches others her eBay secrets. See her website at http://www.jennihunt.com

Rebecca Wilcox uses eBay to increase the reach for her local “country general store” in Arkansas. She has owned the business since 1988, and opened the online eBay Store in early 2005. You can see her profile on eBay at http://www.rollingtstores.com or follow her on Twitter @RollingTStores.

And of course, the ultimate eBay success story is Jim Cockrum. If you’ve ever researched how to make money on eBay, you’ve no doubt run across his name. You’ll find his tips & resources on his blog at: http://www.jimcockrum.com/blog/ (thanks to @ExtremeEzine for sharing the link on Twitter!)

Have an experience of your own with online auctions? Share your eBay success stories in the comments section below!

Best,

p.s. You can still get access to Lisa Suttora’s eBay training at WhatDoISell.com for only $1 by using this link: http://whatdoisell.com/lynn. This is a special page to bypass the usual $47 sign-up fee ;)