How to Make Money on eBay the Easy and Simple Way.
Making money on eBay has been one of the biggest interests in today’s society.
The idea of selling products online, while working a few hours a day is what everyone desires, but it’s not as easy as it sounds. 🙁
In fact, a lot of people, who attempt to start an eBay business will quit after a few months simply because the income they generate is not worth their time.
In today’s article, I want to talk about a method where you can literally sell products on eBay without ever owning the product, storing the product or even shipping the product. It’s a method that most “Power Sellers” use to operate their business to maximize their profits and reduce their time spent on their eBay business.[/su_frame]
Basically, the advice that most people give is start selling junk and old products that you own. The truth is you are NOT building an online business if you do this. Yeah, maybe you will get a sale of two but you will definitely not get 10 orders a day or 100 orders a day and so on. And even if you do, there is no way you can deliver them to your buyers, you’re missing out on a lot of money.
In order to successfuly build an eBay business, you need to have unlimited stocks to enable you to scale and sell many of the same products a day. For this reason, most people attempt the “Whole sale” strategy, where they buy products from the original source at a heavily discounted price and re-sell it on eBay. This method definitely works and you can absolutely make a killing from doing this.
However, again, if you want to operate an eBay business, you will need a big place to store your goods and hire 3rd party companies to ship your good or you may even have to ship it yourself. My Fiance is actually a Power Seller on eBay and she does exactly this, so there’s nothing wrong with this method at all. That being said, I want to share with you a strategy where you can simplify everything and still make a killing on eBay. 🙂[/su_frame]
I’m talking about leveraging other marketplaces. 🙂
Have you ever shopped online and found two different price points on the same product? Maybe you searched on Amazon and eBay and found that the product is a lot cheaper on Amazon? Let me share a little secret…
Some people are actually listing products on eBay without even owning the product. They wait until they get an order from a customer and then they purchase the exact product elsewhere and deliver the product like that. They then minus all the fees and profit the differences.
Let me break this down so it makes a lot more sense.
- Step 1: Find a product on the internet that is cheap and comes from a reliable source.
- Step2: List the exact product on eBay with an increase in price point. (Lots of people are lazy and they won’t do the extra research when buying products. They simply just log into eBay and click Buy)
- Step3: When you get a purchase from your listing. Purchase it from the source you found it and ship it to the customers address. After all the fees, you keep the profit from the price difference.
- Step4: The customers receive what they paid for.
- Step5: You make some profits
- Step6: The product owner or the source you bought it from also make a sale.
My next big question is how many items can you list a day from doing this method?
Let me just say that I know some people who have thousands of products on eBay and they DO NOT own a single one of them. They are doing this very same method, while owning a full time income, it’s amazing.
Anyway, of course, there are little tricks and strategies that you need to implement to be able to build an online business with this method. And of course, there are no guarantee that you will succeed if you implement this strategy. I just want to write this article to reveal and explain what most power sellers on eBay are doing and how you can literally copy them.
I hope you enjoy the article and feel free to let me know how it goes.