Ebay is one of the most visited websites on the Internet and is thought by many to be an easy way to make money. It isn’t of course as its just like running any other web business you have to put the work in to get any return.
I have mixed feelings about it as I only know personally one guy who regularly makes money from it. He is addicted to car boot sales and flea markets and will happily spend all weekend sorting through junk to put on Ebay and make a small amount of profit. When you take his time into consideration he technically makes a loss at even the lowest hourly rate. BUT at the end of the day he has cash in hand and to him that is “profit”.
Another Ebay product I always found confusing was the dime store selling 99 cent ebooks. After you take all the costs off for listing fees etc you are making peanuts. You have to sell an awful lot of items to make any decent profit.
Ebay is also very competitive, so as a seller prices and profits are very tight. I regard Ebay as a wholesaler and you will never be able to sell your products at the “normal” retail price. You have to rely on low prices and volume to make up the difference. Unless of course you have a unique product which has got high demand.
Auction Profits Unleashed tells the story of a part-timer using the 99 cent technique before realising the ultimate profit stream was from “funnelling” and utilising Ebay as a means of building a large mailing list.
The ebook is well written and provides a step by step blueprint. You can read the Summary Review <Here>
