eBay is THE most popular home business in the USA, but it's notwithout its problems. Many have tried to succeed but have faileddue to confusion over what products to sell, giant numbers ofcompetitors, copy and picture theft from other sellers and eBayand Paypal that eat into profits.
One way to avoid this swamp, though, is to do a Joint Venturewith established eBay sellers. This allows a JV partner to buildher own mailing list and sell products off eBay.
There are multiple advantages to this way of doing business oneBay:
1. The biggest uncertainty for would-be eBay sellers is whatproducts to sell. Sometimes vendors risk large sums of money onuntried products, only to lose their investment, become sour andgive up. With a Joint Venture there is no risk except for a fewhours of time.
2. Since there are no auctions listed on eBay, no one can stealcopy or pictures from JV sellers - because there is nothing tocopy. In effect, we become invisible - no one even knows weexist and this hidden aspect has many advantages.
3. eBay JVs are usually done with a digital product that can beinstantly downloaded. This is great for any entrepreneur becauseinexpensive autoresponders mean that her entire business ishandled via autopilot. Contrast this with the usual way of doingbusiness on eBay which involves mailing dozens, hundreds or eventhousands of boxes.
4. eBay and Paypal have lots of rules. It's easy to break someunwittingly, and even the most honest seller does so from timeto time. A JV merchant isn't answerable to eBay, however, butonly to her customers.
5. A JV seller never directly lists on eBay, thus avoiding eBayand Paypal fees.
6. Successful Powersellers have large numbers of customers andthere are lots of administrative details involved. Implementinga sales system can cost time and money because without attentionto detail packages won't be mailed in a timely fashion, paymentswon't be accurate, items will be sent to the wrong buyers, andso on. A JV partner eliminates all of that because alltransactions can be funneled through a hands-off system.
7. eBay selling lives or dies through the 'feedback' system.Negative feedback can kill sales instantly and lack of feedbackcauses buyers to hesitite and choose other sellers. Feedback istotally irrelevant to a Joint Venture seller because she isusing the reputation of carefully chosen other sellers. Sheknows in advance that their feedback is high quality or shedoesn't do deals with them.
8. Inexperienced sellers sometimes drag wiser merchants intoprice wars. In a panic over sales, they foolishly slash prices,beginning a chain reaction that results in bare bones bids thatallow no one to make any money. A Joint Venture seller floatsserenely above such hiccups in the marketplace.
9. Best of all, a JV seller doesn't settle for a one time sale.She concentrates her efforts on a mailing list of happycustomers that she can sell to again and again and again. Inthis way, not only is she ensuring repeate profits, but she getspaid for creating this list, rather than having to pay someoneelse for names.
With its 147,000,000 registered users, eBay is the best sourceof targeted, Net-savvy buyers on the web. By putting togetherJoint Venture deals with established sellers, anyone can addlarge numbers of qualified buyers to their database efficientlyand inexpensively
One way to avoid this swamp, though, is to do a Joint Venturewith established eBay sellers. This allows a JV partner to buildher own mailing list and sell products off eBay.
There are multiple advantages to this way of doing business oneBay:
1. The biggest uncertainty for would-be eBay sellers is whatproducts to sell. Sometimes vendors risk large sums of money onuntried products, only to lose their investment, become sour andgive up. With a Joint Venture there is no risk except for a fewhours of time.
2. Since there are no auctions listed on eBay, no one can stealcopy or pictures from JV sellers - because there is nothing tocopy. In effect, we become invisible - no one even knows weexist and this hidden aspect has many advantages.
3. eBay JVs are usually done with a digital product that can beinstantly downloaded. This is great for any entrepreneur becauseinexpensive autoresponders mean that her entire business ishandled via autopilot. Contrast this with the usual way of doingbusiness on eBay which involves mailing dozens, hundreds or eventhousands of boxes.
4. eBay and Paypal have lots of rules. It's easy to break someunwittingly, and even the most honest seller does so from timeto time. A JV merchant isn't answerable to eBay, however, butonly to her customers.
5. A JV seller never directly lists on eBay, thus avoiding eBayand Paypal fees.
6. Successful Powersellers have large numbers of customers andthere are lots of administrative details involved. Implementinga sales system can cost time and money because without attentionto detail packages won't be mailed in a timely fashion, paymentswon't be accurate, items will be sent to the wrong buyers, andso on. A JV partner eliminates all of that because alltransactions can be funneled through a hands-off system.
7. eBay selling lives or dies through the 'feedback' system.Negative feedback can kill sales instantly and lack of feedbackcauses buyers to hesitite and choose other sellers. Feedback istotally irrelevant to a Joint Venture seller because she isusing the reputation of carefully chosen other sellers. Sheknows in advance that their feedback is high quality or shedoesn't do deals with them.
8. Inexperienced sellers sometimes drag wiser merchants intoprice wars. In a panic over sales, they foolishly slash prices,beginning a chain reaction that results in bare bones bids thatallow no one to make any money. A Joint Venture seller floatsserenely above such hiccups in the marketplace.
9. Best of all, a JV seller doesn't settle for a one time sale.She concentrates her efforts on a mailing list of happycustomers that she can sell to again and again and again. Inthis way, not only is she ensuring repeate profits, but she getspaid for creating this list, rather than having to pay someoneelse for names.
With its 147,000,000 registered users, eBay is the best sourceof targeted, Net-savvy buyers on the web. By putting togetherJoint Venture deals with established sellers, anyone can addlarge numbers of qualified buyers to their database efficientlyand inexpensively
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