
Is it really possible to make money on Ebay? Ninety-nine percent of the time that I hear, make money on Ebay it turns out that the person is simply getting
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[reposted forom the Yard Salers newsletter/web site]
Yard Salers: Late Feb./Early Mar. 2010: Change and Snow
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Hello, all!
It has been an interesting holiday season, to say the least. I'm going to start out with some personal stuff in this editorial, so if you want to skip to the main article, feel free.
December was cooking for me with lots of sales, and I recently made silver powerseller. (Sorry; there will be no more "powerseller" designation soon, so I should say "top-rated seller," I guess). But some crises wait for no man, or woman, and a crisis was brewing out in California.
My mom had moved out to California in 1990 to live with her sister, my aunt. My aunt has had cancer for the last several years and took a turn for the worse in December. She passed away the day after Christmas.
This meant two trips to California, to see my aunt for the last time, and another to move my mom back east to be closer to me and my siblings. My mom has her own health issues…she has had Parkinson's disease for several years now and also dementia which has gotten worse in the last two years or so.
Suffice to say there was a lot going on!
For me, the challenge was all the greater because as you know, eBay waits for no man. I left a couple auctions running on my first trip to California because I felt I had enough time to get anything that sold shipped out on my return. But while I was out there I got some messages from a disgruntled buyer who was unhappy with a mixed silver lot he had bought.
I wound up just letting him keep the lot because I could sense that was the only thing that would make him happy, and the amount of the sale was not so much; I could afford to chalk it up as a loss. Of course, we cannot always do this with items; often if the buyer is not satisfied with a partial refund we will need to ask them to send the item back. But in that situation with my time constraints, I really think it was the best way out.
And there was a lot to do while I was there. Have you ever had to pack up a life — or the parts of a life you have time to pack and ship — in two days?
That's how it felt to get my mom out of her house in California and back in my house in Virginia. I could only fill two suitcases of hers to take on the plane. And as it was we almost didn't get her on the plane, because although she has a social security and Medicare card, her California driver's license expired a few years ago, and the TSA folks at the airport detained us for a while.
Fortunately I had some recent pieces of her mail with me, and that satisfied them. (To be honest, I didn't mind their added scrutiny, as it shows they are being very careful, as they should be).
I ended up shipping some eight to ten office boxes filled with her papers, files, scrapbooks, and other important documents back east. (The UPS guy wasn't too happy with me the day they were delivered).
Around the same time all this was happening, we had record snowfall in the DC area — one came as I was leaving on my first trip, the second shortly after we got back east. "Mom, we had a record snowfall here in DC," I told my mom that morning.
"And we had to be here for it," she replied. She hasn't lost her sense of humor.
We have my mom settled back east now. I have been thinking of many of you readers who are in similar situations — some of you caring for elderly or sick parents, trying to get teenage children ready for college (or through college), or both! My heart goes out to you all. I feel I have gotten to know many of you all and think of you as friends.
In other news, as you no doubt heard, eBay has made some big changes lately, to its Store format and fees. I'll be giving you my take on it in the feature article in this issues. Then we'll get right to the next Flips contest, and save Reader Mail for the next issue so I can finally get this thing out the door!
Thanks for reading!
Now let's get to it.
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Follow me on Twitter:
juliawww on Twitter
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Articles in this Issue:
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1) eBay's Latest Changes: Stores and More
2) Jan/Feb Flips Contest
3) Reader Mail: Catching Up
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Big Bucks Flips 2.0: The half price version of Big Bucks Flips for Yard Salers subscribers is here: Click here to order.
Yard Salers' Readers best flips, and accompanying tips and rules of thumb, all in one convenient package.
Plus, now you can make money reselling the book! To find out how to resell it for 50% of each sale, go here.
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1) eBay's Latest Changes: Stores and More
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The only thing constant is change. At least, that's sure how it is with eBay.
With this latest round of changes, eBay is essentially getting rid of the Store inventory format. There will only be one fixed-price format now on eBay. The good news is this means all those fixed-price listings will have the regular exposure in eBay search and won't be "buried" anymore.
The bad news it is becoming more expensive to list those items in terms of insertion fees, with the $15.95 Store format…from as low as $.03 to $.20 now.
Right now, with my understanding of how fees are changing, I see the biggest downside as that you can no longer let something sit there until it finds the right buyer for such a low cost. As an example, a 1954 college yearbook (I sell yearbooks regularly) may take months and months (sometimes years) to sell, but with a Store monthly subscription covering my many Store items, it was only between 3 and 10 cents every 30 days.
This low prices enabled me and other sellers to let very specialized inventory sit and sit until the interested party came along.
Now, that same yearbook will cost me 20 cents if I have a Basic Store level subscription as I do now. Presumably the 30-day listing duration will still be an option there for the new global fixed-price listing; otherwise we are talking about an even more expensive proposition.
To offset this, I could list a lot more items than I do now and go with the new Premium Store format, for $49.95 a month, which would bring my insertion fees down to $.05 per item. eBay says this is a good choice for "higher volume sellers" (more than 250 items per month).
Will the additional exposure in search for these items offset the fees? Time will tell.
Also, final value fees are going up, depending on what level of Store subscription you have. (One thing you cannot say about the new fee structure is it is easy to understand; there are a lot of moving parts).
I do think the increased visibility in search should help sales. However, in the old format, Store items would still show up in search if there were less than 30 auction-style or fixed-price items returned in the search results. This means that often, for very specialized items, buyers would see Store results in the search results anyway, because there just weren't that many of them overall on eBay.
In thinking about this more, I wonder if eBay would do better to find some pay-at-sale only format that enabled specialized items to sit there at a very low cost-risk to sellers so a wider variety of inventory could be there for buyers to choose from. I think I would be willing to pay a larger percentage of my sales price if I didn't have to pay anything up front, or had to pay very little, to keep the item sitting on the virtual shelf. [eBay does offer a "No Insertion Fees for Auction-style listings when you list your item with a start price under $1" option, however, that low start price puts a lot of risk on the seller.]
Let's see how all these changes shake out. As always, as long as sellers keep listing enough and buyers keep buying, eBay will remain a viable marketplace. But, I hope these changes don't erode eBay's status as the place to buy the unique, the special, and the hard-to-find.
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Garage sale and wholesaler expert Pat Bateman has put together a fabulous ebook about making regular income with yard sales, finding wholesale goods to sell, using drop shippers, and more. Right now I'm offering it at a special preview price for $8.95. PayPal me at juliawilk@aol.com and you will receive the ebook via email, usually within hours.
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2) Jan./Feb. Flips Contest:
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We have more super fun flips in this issue.
Note: if you ever send me a flip but don't see it in the subsequent issue that comes out after you emailed it to me, feel free to email me at juliawilk@aol.com to check on it. I try to get to all the flip stories I receive between newsletters by the next issue, but every once in a while one falls through the cracks and I have to run it in a later issue. I've gotten to every flip I've received this far, however.
Prizes for next month's Contest::
- Home Run: The 4th 100 Best Things I've Sold on eBay by Lynn Dralle
- Antiques Roadshow Primer by Carol Prisant
- eBay PowerUsers Bible by Greg Holden
- A free copy of the ebook "What Sells on eBay for What"
On to the flips.
In today’s world, people are searching for ways to make money online. Easy money making or fast cash is what people are after these days. Nobody regrets having an extra dime in their pockets when it can be easily earned. We all know the Internet is buzzing with advertisements calling on the community to make some extra money and such offers are often hard to resist. You do not need to be a web designer or an internet marketer to make money online. And today, this is possible with eBay, the world’s most popular online marketplace. Turn your eyes to the eBay site and get hold of it.
You can sell products from one corner of the world to the other just by sitting at home in front of your computer. It is easy to make quick money on eBay because it is the biggest and the best marketplace on the Internet. It is the world’s top auction monster and the mother of all online businesses on the internet. It has generated hundreds and thousands of successful work at home moms and entrepreneurs.
One of the top ways to make money on eBay is to sell products. There are two types of things that you can put up for sale on the internet. The first is the easiest; you can start by selling possessions that you do not need anymore. You can part with some of the unused things in your house such as a clock, table, chest of drawers, furniture, etc. The second is to create new and innovative products that people really need. But first you need to open an account on eBay to start making your money.
You can without any doubt join eBay. It is very simple and easy. They tell you how to do business on eBay. This is an absolute path to doing business online. Many have gained a lot through this course. eBay’s main interest is to make everyone both buyers and sellers make the most of what they have. So get on board in the eBay train and make yourself richer than ever. Good luck!
Housewives, retired people and people who have been unfortunate enough to lose their jobs can now earn at home. The pay depends on what you sell and how well your product goes in the auction. It can be a dime to a million.
Good luck to you!
T. G. Hall creates articles to help you succeed in life and save money. For more free information about how to make money selling on eBay visit:
=> http://www.auctionmoney1.com
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