Thursday, February 26, 2009

Drop Shipping Is Your Perfect Home Based Business Solution

Writen by Michael Nalbone

Drop Shipping Is Your Perfect Home Based Business Solution

Drop shipping is one of the greatest businesses to operate from home. With drop shipping you sell another company's products, use their warehouse and shipping facilities, and they provide you with the sales tools you need like product descriptions and images and more - free of charge!

Drop shipping is great for small businesses because you can start with literally nothing & gradually increase to higher levels of success. Drop shipping allows you to leverage other, much larger company's resources!

Any business owner who needs the an inexpensive & efficient means to market items online should look into drop shipping. Drop shipping allows you to sell almost any type of product you want with no warehouse & no inventory.

No inventory = low risk! You only purchase an item from the dropshipper after you've already made the sale! You never get stuck with a garage full of products that won't sell.

Drop shippers packages all of the products for you, they place your name on the return address of the package & then they ship it to your customer. You'll look like you're a multi-million dollar outfit to the customer!

In order to do business with a real wholesaler, some of them (not all) may require proof that you're in business & not just some consumer looking for great prices. So, you may need to file for a Resale Tax ID for your State. It's easy to do I filed my application online in just 10 minutes & even received a temporary certificate that I immediately printed out. I was literally in business within 10 minutes!

If you're SERIOUS about running a business you MUST have one! No ifs, ands, or buts. And, it's so easy to get one, there's no excuse not to.

If a wholesaler doesn't request a Resale Tax ID from you, they're a very small company or they're not real wholesalers, just middle-men.

When you find wholesale companies that drop ship many different types of products, everything from toys to electronics, and they don't request your Resale Tax ID, be aware that probably aren't a real wholesale company. Most legitimate wholesalers focus on a specific product type, like electronics or toys alone.

These middle-men companies just forward your order to the real wholesale company. You won't be able to compete on a level playing field with your competition if you do business with these guys. Chances are your competitors have Resale Tax IDs.

So be aware that you're dealing with a middle-man wholesaler who will have the real dropshipper dropship your products for you. Do yourself a favor & avoid dealing with the middlemen and get a Resale Tax ID. You'll save yourself a lot of money by be able to compete with the big-guns.

After your account is set up with the real wholesaler, you'll get a printed catalog and possibly a CD-Rom with product descriptions and images that you can use.

Middle-men usually don't provide these "bonuses". You just upload the image & description to your web site, decide on the price & wait for the orders to come rolling in!

Drop shipping will allow any person to run a successful & competitive business from home regardless of a lack of start-up funds.

Mike Nalbone is the creator of "The Wholesale Detective" http://www.nalbone.org/detective/ which is a complete resource for people seeking to utilize drop shipping to start or expand their own business.

Wednesday, February 25, 2009

How To Select Items To Use The Featured Auction Section Of Ebay

Writen by Donny Lowy

On eBay it is utterly simple to list an item in the featured auction section! If you are able to spend on substantial extra fee, you can get your auction featured. There are two price tags for two different kinds of auctions featured viz. for $99.95 you can have a regular auction featured on eBay. And for $19.95 you can have your auction featured in its special category. You will find the featured auction appearing at the top of its category. In the regular auction listing it shall appear in bold.

While you are opting for featured auction section of eBay you have to judge for yourself whether your item for auction is worth it or not ? For most items auction featured section does not work since when potential bidder is looking for something specific, they are least likely to browse through the featured sections. So you have to be very careful while selecting items to be in the featured auction section. Items that are supposed to be bought on impulse might get sold well in the featured sections. It is mostly seen that many people who visit the featured sections are actually browsing only to look for something to buy.

If an item of yours is not being identified with keywords or is really difficult to search for then the section for featured auction is best to sell your product as the visitor shall find the same on a listing with a huge number of auctions. Featured sections also prove to be good when the eBay users are new and are unable to search effectively with proper keywords. Even if you are selling a popular consumer item, featured sections help you to sell well.

Donny Lowy runs http://www.closeoutexplosion.com an online wholesale and closeout business that supplies eBay sellers, retailers, and flea market vendors.

Tuesday, February 24, 2009

Louis Vuitton Avoiding The Ebay Nightmare Fakes

Writen by Rufus Steele

Without a doubt, eBay was one of the cleverest on-line ideas that anyone has had so far. The idea of creating a site where you can bid on and buy items ranging from an eggcup through to a disused Boeing 747 or a Nuclear Missile Silo was pure genius.

Sadly though, whenever a good idea comes along, the seedier side of humanity is sure to be not that far behind, sliding along in it's wake leaving a gooey trail behind themselves.

So it is on Ebay. Current estimation holds that nigh on 37% of the worlds counterfeit and fake goods are sold daily on Ebay.

Having seen some of the listings I can fully believe it.

Especially where designer label goods are concerned.

Take a look at just about any page of Louis Vuitton items listed on Ebay and on average you'll find 95% of them on each page are fake.

So how can you avoid the easy to make mistake of buying a cheap quality fake LV?

Learn.

Learn as much as you can about the specific item you're interested in.

Don't go trawling ebay for ideas on what to buy and expect to be able to find a prize, hidden away deep in the listings. There are LV addicts who spend the best part of the day doing just that, trawling the auctions, checking and rechecking, looking for the bags that are being sold by owners with little knowledge, owners who are selling at a price away below what it should be. Then they'll "snipe" the auction in the last few seconds - right out from under your nose!

If you really want to buy a pre owned LV then your best bet would be to go to a consignment store and see if they can get hold of one for you. They'll have a constantly changing stock of second hand authentic items for you to choose from and you're fairly assured of it being genuine.

But if you really must buy your LV off eBay then try to use one of the approved LV sellers.

Who or what is an approved LV seller, you may well ask?

Well, there are two sets of LV sellers and buyers who have proven themselves, over a period of time as well as a set number of successful sales of authentic goods, and who have a distinction awarded by one of two "bodies".

The two bodies are MyPoupette and ALVA (Authentic Louis Vuitton Addicts).

A MyPoupette recommended seller is known as an MPRS (My Poupette Recommended Seller) and an ALVA recommended seller is known as an ALVA SS (ALVA Seller Select).

Both of these lists have a criteria that any seller MUST meet before being granted the "badge". That criteria requires a certain number of authentic only items to have been sold with supporting feedback and good trading practice before they can qualify.

Once they are awarded this distinction they are then allowed to use that title and badge in their auctions.

Now, although nothing in life is guaranteed, you can be much more assured and comfortable buying your used LV through one of these sellers.

Why?

Well, two reasons really.

Firstly, many of the resellers who have earned this level treat their selling and buying as a business. To sell a fake would result in their being stripped of their titles which could seriously affect their turnover! They only deal in authentic items and HATE fakes.

Secondly, both of the bodies who issue these distinctions have an interest and a duty in ensuring that their members behave and sell properly.

Should a buyer have an issue with one of these sellers they can take their complaint to either MyPoupette or ALVA and ask that they intervene. Although neither of these bodies are legally responsible for your sales and purchases with their listed resellers, they do take any complaint seriously and will investigate and assist where possible.

On past record, when you deal with a seller with either of these titles you are going to have a good time!

And that means you avoid buying a fake LV on Ebay!

Copyright:: Rufus Steele 2005

Rufus Steele is the author and creator of the Louis Vuitton website, a site dedicated to all things Louis Vuitton

Monday, February 23, 2009

Have You Got Ebay Powerseller Potential

Writen by Darren Yates

What exactly is a PowerSeller?

PowerSellers are the eBay members that have made it, you can recognize them by the 'PowerSeller' badge next to their name. You've probably seen these people across eBay as you go about your usual business – to succeed on eBay, you need to think the way they do.

How do you get Awarded PowerSeller Status? eBay decides who can be a PowerSeller and who can't, and they have strict rules. To get in at the minimum PowerSeller level, you must have a feedback rating of at least 100 (minimum 98% positive) and sell at least $1,000 worth of items every month for three months in a row.

There are different levels of PowerSeller membership as you sell items of greater value:

$1,000 is bronze
$3,000 is silver
$10,000 is gold
$25,000 is platinum
$125,000 is titanium

If PowerSellers ever fail to meet the required amount of sales, or their feedback falls below 98% positive, then they lose their PowerSeller status. Essentially the only eBay users that get to be PowerSellers on eBay are the users that have been successful for a while and are on track to stay successful.

The Marketplace and the Shop.

This is the most important part of understanding how PowerSellers think. They don't see what they're doing as being some random bazaar, or a hobby – instead, they see themselves as a business.

For example, if you run a stall in a marketplace, the chances are that you have a general area of business, but you mostly just sell whatever you can get your hands on that week. If your dodgy buddy got his hands on a job lot of something at a discount, then that's what you'll be selling. This might be fun – and when you have a good week, you'll have a really good week – but it's no way to run a real business in the long-term.

PowerSellers think far more like shops. They sell the same things again and again, every week – regular stock for regular customers. They do 'boring' business things like keep inventories and budgets. They know what they're going to be selling, how much they buy it for and how much they expect to sell for. Just like a real shop, there can be hard times sometimes, but their income is stable and their business can grow slowly.

The best advice I can give you on thinking like a PowerSeller is this: don't take long-term risks for short-term gain. Look after your reputation, manage your selling properly, provide good customer service and the rewards will come to you in due course. And you'll get a little badge next to your name that makes people trust you more!

One option that you may of missed is - What can eBay do for any other businesses you have. Millions of people visit eBay every day – why keep everything separate when you're starting to tap into that kind of power?

In fact $14 out of every $100 spent online is spent at eBay!

Darren Yates has learned of Brandon Dupsky a guy making $22,000 a DAY! on eBay selling everyday stuff. Do you think you could too? - http://www.how-to-make-money-online.info/eBay-millionaire/

This article comes with reprint rights. Feel free to reprint and distribute as you like. All that we ask is that you do not make any changes, that this resource text is include, and that the link above is intact.

Sunday, February 22, 2009

Traditional Marketing Techniques For Ebay Auction Ads

Writen by Chuck Mullaney

Ya know, I sort of giggle when I look at an ad on eBay that's just a black and white description of the item or product that's up for bid. It wasn't long ago at all that I would have done the exact same thing, but once I understood some traditional marketing techniques, not just been exposed to them; everything looked totally different.

It's been a few years now and I can't imagine how I got by in a "sales" career beforehand. I had been a fairly successful salesman in the mortgage business, or the term the public uses; Mortgage Broker. A commission only job with no promised monthly salary. My income was totally based upon my sales success or "lack of", each month. How was I able to eat without knowing how to write ad copy or how to use the "hook", or how to effectively use a "take away" move..?

Simple answer: Born for it.

If you're like me, in that you enjoy selling something that you, yourself are sold on, then eBay is where you need to be and learning traditional marketing techniques is the way to have any type of success. There is no other way for, us po folk(not millionaires), to reach such a huge amount of potential buyers for ANY type of item at all. One hundred twenty five million users! Whoa. At this point, they have daily new user sign ups in excess of one hundred thousand people...100,000 each day!

THE PRODUCT IS NOT WHAT YOU ARE SELLING!!!

Things are much more technical than that. Here's a short list of the different focuses:

  1. Gallery picture is to grab attention only. It's not about looking nice and neat or pretty or professional; it's about human instinct, the power of basic colors, and their contrast with each other. It's about getting noticed on a page of 25 items in a list! We all just browse lists...there is no reading lists word for word! Of course I know that there are exceptions, but the majority are predictable.

  2. The title is not for describing the item! Don't think for a minute that you will get noticed by enough people to make real money if they don't see you when they search. The bottom line is that most purchases are the result of a search at the top of the ebay page. Knowing this, you'd think that the search would be checking the entire ad text for matches, ...not! There is a specific checkbox to choose this option right next to the search area, but most don't "check" it, so normally the search is only checking the title. Think about that. Now do you understand why some of those auction titles sounded so stupid..? You got it! They are the smart ones. There's a real art to creating a title that sounds somewhat normal while being keyword rich.
  3. Feedback must remain clean, if not perfect! It's an opinion and mine will not sway. There's an inherent communication problem on the internet already. Why would you do anything at all to place more doubt in a prospective buyer's head..? Well, one bad comment can ruin the whole record for, at least 10 more sales because they're structured like this blog, backwards! The bad comment will be there until you fill the page again with positive comments! Just keep it perfect at all costs or don't get upset when they bypass your item for someone else's.
  4. Pricing. Again, more of a marketing or psychological factor than most think it is. Information products are even more suited to this because their value is based, partly, on perception or what people think it should cost. That literally means that a new product can sell more units priced higher than comperable products just because it's more expensive! Now, what I just said was not that they sell for more so they make more. I said "units". It's possible to sell 10 for one price and 10 for a higher price, quicker. If the whole dynamic, or feel of the ad, gives the item a higher perceived value, rather than a "ripp off", they may even move faster because of being more expensive. I'm beating this horse because most people are trained the opposite of this, that cheaper is better... Pricing is a tool, just a really important one to get right.
  5. Traditional ad copy is usually a sales letter that is absolutley focused on purchasing your interest with well placed, and sometimes viosually appealling, words. Just as the title was only to get you to click the ad, the headline or first words in the desciption should be focused on getting you to read it and go to the next line. That's where the hand off takes place and now it's the second area or headline's job to kepp you and send you to the next. Just that methodical. The only way I can see to do this effectively is being obsessive about it. Invest some time in this because it directly effects your income, period. Sometimes I like to write most of the ad, right off the top of my head, then go over it with a fine tooth comb, making adjustments, over and over and over and over... Till it works and flows properly. Every great marketer has seemingly strict opinions as to which words to use or not and which colors to use or not. The funny thing is that a huge part of a marketer's job is to test new things and question there skills to hone them. I'm caught up in this circle all the time...
  6. Your "store" policies. The only way to really get the idea of why you need to be particular about things such as this is to look around at the other auctions. You will definately run into some cheesy ones and some really well done policies. Now pick which seller you feel more comfortable paying money to "up front" for a purchase... Get my point..? Be a pro at all times, trust me; everyone is watching. Make your store policies more fair than most and make them easy to read and understand. Don't write them exactly the way you want to see them, smarter people than you will read them AND dumber people than you will read them. You need to make each of us feel good about you here.

Once you grasp these as the truth that they are, you'll see the potential of eBay just because you will simply be in the minority! These are the first steps of becoming an extremely over paid telecommuter or PJExec.

I've sold almost a half million dollars worth of products this year, from my bedroom, without employees, and in my PAJAMAS! Not one of my sales were drop shipped and almost every one of them was an Information Product.

I'm a High Level Powerseller on eBay, AND, I'm a Certified eBay Education Specialist, trained by eBay. When I took the acceptance exam to be an Education Specialist, in September 2004, my exam ranking was number 1! There were 582 other trainers at that point.

I have gross eBay sales of more than $300,000 this year.

I also have gross website sales of more than $140,000 this year.

I have 100% Positive Customer Feedback!!!!

I have Zero Employees.

I work, at home, in my PAJAMAS!

http://www.PajamaExecutive.com