Four Baby Steps to a Giant Daily Income on eBay

If you want to make a lot of money on eBay Ihappened for people buying big bundles of products
reckon there are two ways you're guaranteed toand working long and hard to shift them. What we
achieve your objective:need here are products available from you and only
1. You work hard for your money and you list itemsyou and those items should fetch at least $100 pure
all day long, hoping to make a few dollars on mostprofit each time.
items and ten or twenty dollars pure profit on aroundLanding Page - 'Landing Page' typically means the
one in ten listings. This can work like a charm; I'velocation you get potential buyers to congregate
often made $1,000 pure profit each week using thisbefore sending them off to buy your product or sign
technique, but I've worked seven or eight hours aup to your mailing list for more information about
day, six or seven days a week, and I've maybe listedyour current product and other products in future.
seven or eight hundred items, usually postcards andThe term typically applies more to people selling
vintage photographs. To make this idea work youeBooks and affiliate products than promoting goods
buy really big bundles of items at auction, maybe oneon eBay, but nonetheless you should still decide
hundred old photographs in an album, for example,whether to get potential buyers to land on an auction
which costs you two hundred pounds maximum. Oror Buy It Now listing, or to visit your eBay Shop or
maybe you buy a big bundle of vintage letterheadsAbout Me page.
costing 50 cents each across the board. Then youTraffic - 'traffic', usually termed 'driving traffic', simply
list, list, list, and you hope to sell 500 items at $2 puremeans getting people to visit your landing page and,
profit and maybe fifty will fetch a tenner apiece orthe more people you get visiting your landing page,
more. It works and, though it takes time, this can bethe more sales you'll probably make and the more
one of the most effective ways to make money onmoney going into your bank account. On eBay you
eBay.might drive traffic by skilful use of keywords in your
2. You follow a more scientific route to buying andlisting titles and descriptions, by using quality
listing products on eBay which, if successful, canillustrations, by paying extra for your product to
mean you make a great deal more money than forshow in featured and home page listings, and so on.
that earlier idea, but you might, only might, have toOverwhelmingly it's steps one and two, namely
invest more cash in the process. This second idealocating market and finding a product that take
involves what I call the 'Four Step Process' to makingpriority in the four step process for online sellers.
money online and it applies no matter whether you'reThe end result is you need to find:
selling ClickBank products, selling old books on- as big a market as possible
Amazon, selling your articles as content for other- as many people as possible with money to spend
people's web sites or, in our case, selling stuff on- as many people as possible who are willing to part
eBay.with their money
The Four Step Process follows a definite- a product that a major portion of your target
step-by-step method, being:market will buy
(i) Find a market comprising people with a problem or- a product that's available solely from you which
need.means you have no competition to worry about
(ii) Find a product to solve the problem or satisfy the- a product that makes you a bundle on each and
need.every sale.
(iii) Design a contact point, called a 'landing page',How do you do that?
where potential buyers congregate and which directsWell I recommend you start with rare antiques and
them to buy the product right away or enquire forcollectibles, unique art and craftwork items, especially
more information or perhaps sign up to a mailing list.high value items on which you earn $100 to $1,000
(iv) Drive traffic - namely people with a problem orpure profit and maybe a whole lot more on every
need - to your landing page - where they'll either buysale. And because you don't want to risk your own
your product or ask for more information about it.money buying items that might not sell, or perhaps
Now let us look at those steps one by one to seeyou don't have money to buy rare products in the
how they guarantee big profits. We'll call those fourfirst place, then the best way to corner the market
steps: market, product, landing page, traffic, and thisfor one-off high price items is to sell goods belonging
is how they fit into the overall business of selling onto other people.
eBay:You do it by becoming an eBay trading assistant -
Market - your market comprises potential buyers foralso called a 'consignment' seller, sometimes
your product and you need to find people who are'commission' seller - and you get paid ten to twenty
not only hungry for what you offer but who alsoper cent, maybe more, on every sale you make.
have money enough to buy your product, and whoThe business is easy to run and simplicity itself to set
are willing to spend money to satisfy whatever theirup and all you need are product owners with lots of
shared problem or need. The hungrier those peoplehigh price goodies and very little knowledge about
are, the more money they have, and the more willingselling on eBay. Oh yes, and you need product
they are to part with their cash, the more moneyowners who won't get you to list a few of their
you will make. So we're looking for people with aitems on eBay, then learn the ropes of selling online
major problem or a desperate need and we want asfrom your efforts, before finally giving you the push
many people as possible to share this problem orand going it alone.
need.And that means, once you find your product owners,
Product - the product should be as exclusive asyou need a signed contract that guarantees a
possible and earn the biggest possible profit for you.specific period during which time you have sole eBay
We're not talking about $2 profit items here asselling power over the goods.