Consignment selling on eBay making a come back?

Consignment selling on eBay is simply selling other people’s stuff. It’s a good way to get your feet wet with an easy to start online business.

It’s also likely to be easier now than it ever has been to find products to sell. Cash is king right now and a lot of people are willing to part with items that are quite valuable.

Some rules of thumb when selling items for other people on eBay:

o  Whenever possible just buy the items outright and then sell them. It’s much easier and more time efficient to do it that way. Only do this with items that you know a lot about and know what profits they’ll bring you.

o  Get yourself listed in the “trading assistant” directory on eBay. Use this link to learn more: http://ebaytradingassistant.com/index.php

o  Use the above link to find other consignment sellers and see how their operation works. You’ll get some great ideas from other sellers on what types of products to sell, how to advertise, and what their auctions look like. Look for sellers with high feedback scores to learn the most from.

o  To find customers run a craigslist.com ad advertising your services. You can  also talk to family, friends and neighbors and likely come up with plenty of customers. Offer your customers incentives to send you referral business.

o  Only sell items likely to go for $30 or more. A higher minimum is even better. Keep a minimum of 30% of the selling price as your fee. Some consignment sellers keep 40%.

o  Don’t get caught talking to people about their junk.  Extended conversations about other people’s stuff is what will kill your business and drain your time.

o  Avoid negotiations by having a clear contract that states what your duties are and what they can expect.

If you have some consignment experience what tips do you have? Leave a comment or question below and learn from what others have to say…

The best ideas. What’s working NOW and will work best in 2009.

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Ugly Houses on eBay

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This weeks newsletter is a short audio message from me:

Here’s a link to the “Step By Step” program that has been such a hit among MySilentTeam.com members. Even many people that read last weeks BLOG POST left comments about how much they love it.

I’ll soon be sending you a lot more free and complete details about:

o Exactly which proven profitable ideas like the “Step By Step” program can be easily outsourced to others

o exactly how and where to find these outsource partners

o and, exactly how to transition your online efforts to people that can do it better, faster and less expensively than you could ever hope to.

The result:

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2009 is going to be great!

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In this newsletter:
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1. Why I’m not promoting “Arbitrage Conspiracy”
2. Get a real job
3. Quick tips:
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