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Wholesale Jewelry Distribution on Ebay

Steve — Sun, 13 Jun 2010 06:12:03 +0000

There are many ways to sell wholesale jewelry on the Internet, but not every method will be successful all the time. That is why it is important to have several alternative distribution channels. The great thing about selling wholesale jewelry online is that setting up your distribution channels does not require a middleman or broker. Before the Internet became a standard means of distribution for wholesale jewelry, the manufacturer had to sell through a broker who then took a cut of the profit in order to deliver the goods to the retailer who then sold to the consumer. As you already know, the Internet has allowed the manufacturer to not only bypass the broker, but can also bypass the retailer and sell directly to the consumer.

This type of wholesale jewelry distribution can be accomplished through several online sources. But the most established source for this type of jewelry sales is Ebay. As many people know, Ebay started out as an online auction house for everything from watches to computers, to stuffed animals, to cars, to houses. And although Ebay is still a means of distribution for these items, they have drastically upgraded their technology since their founding in the mid-1990s.

The thing that has made Ebay a great tool for wholesalers is that you can sell more than one item at a time. That sounds like an obvious statement but it wasn’t so obvious back in the day. In fact, it wasn’t even possible back in the day because Ebay started out with a format that allowed you to sell one item at a time to the highest bidder. This system was okay for individuals looking to sell their one-of-a-kind glass vase collections, but not for the wholesale jewelry professional who needed to move 20,000 jewelry pieces.

Fast forward to today and you can go on Ebay and find thousands of auctions for wholesale jewelry lots in which you don’t have to wait for the highest bidder. Instead the wholesaler can offer the entire lot of jewelry (maybe 100,000 pieces in come cases) for sale immediately without having to wait for the auction to be over. This is one of the many reasons that wholesale jewelry professionals sell (and buy) on Ebay.

What Everyone Should Know About How To Build An eBay Empire

Steve — Thu, 10 Jun 2010 04:03:08 +0000

Ever since eBay started, people have been making money online. Don’t you want to be one of those people? It’s possible. You just need to know some rules in building your own eBay empire. I did not come up with these rules but were given to me by a successful entrepreneur. Let’s review them.

Low feedback? Lower Price

An eBay seller starting out cannot set the same prices as the competition. The amount of feedback you have (none) will steer potential customers away. Why? The seller has not proven themselves yet. How does the customer know they are reliable, that it’s not a scam, or that the seller is not offering a used product when they are advertising it as new? Yes, there is arbitration on eBay but no customer wants to go through the hassle. So instead, they just ignore your offer and move on to your competition. The best thing to do is to lower your price to balance out your low feedback. Aisde from feedback, the next thing customer looks at is the price. With a lower price, a new seller will be able to attract more eyeballs.

Where To Find Suppliers

If you are not just selling stuff in your attic, chances are there are suppliers for the products you want to offer. A great way to find suppliers is through Alibaba.com. Be careful though. Some are scammers. Luckily, there is a forum where suppliers are reviewed. That forum is called “The Wholesale Forums”. Look for suppliers with decent reviews.

Calculate Sales Price

You have the product. You found the supplier. Now it’s time to calculate how much to price your product. First, research how much the product is selling for on eBay. This is of course your competitive research. Next, factor in the seller fees, Paypal fees, and cost of buying each item. Will you still make a profit after adding those fees into the price of each item? If so, is it more, less or about the same as your competitors’ prices? If it’s higher, you better find an another product or a different supplier. If it’s the same, you will need to lower your price by 10-20% because of your little to no feedback. If it’s lower, then put the product on the market and let the money come rolling in.

These are just some rules on creating an eBay empire. All this however is just theory until you put it into practice. The person who puts things into action will always succeed.

3 Ways To Make Money With Ebay

Steve — Mon, 07 Jun 2010 19:35:38 +0000

It’s Summer. The kids are out of school and you may be looking for extra work for them or for yourself. What a better way for both of you to work together and make extra money with ebay? Making money with ebay can be a lot of fun and certainly a learning experience for kids or anyone else who has never worked for their self. There are many who have started legitimate work at home businesses by using ebay. Here are 3 quick and easy ways you can make money on ebay.

Obviously the first way you can make money with ebay is to look around your house for stuff to sell. Chances are real good your sitting on a small fortune and do not know it. Most families are. Of course, the question now becomes do you really want to get rid of it in order to make money? My rule of thumb is that if I haven’t used it in the last 6 months, it goes.

Another way you can make money with ebay is their affiliate program. After you sign up, ebay will pay you for everyone you send to their site. The price per click varies, but if you have a site that is really popular, you can earn some good money this way. The best sites for this are niche specific sites. If you have a site about making wind chimes, then you can expect a lot of visitors who want to buy wind chimes. Just include a link to ebay or include links to live auctions using your affiliate number and you’ll start making some money each time someone uses your site to go to ebay.

Finally, another way you can make money with ebay is to sell other people’s stuff. This is becoming more and more popular with a lot of folks. What you do is advertise that you will sell their unwanted items on ebay. You take a small commission for every product that you list or sell. I prefer a commission for everything I list, but others only take money if they sell an item. There have been many people make money with ebay by starting their own businesses selling other people’s stuff!

Selling Counterfeit Designer Handbags Is Risky Business

Steve — Sun, 06 Jun 2010 23:59:02 +0000

There is no doubt that the market for designer handbags is huge. Every year millions and millions of dollars are spent by people seeking to own part of an image. The image of taste, style, and distinction is exactly what designer manufacturers are selling. Largely speaking, high-end designer handbags are of impeccable quality, durability, and style. Unfortunately, there are many manufacturers that have developed the technology and purchased the same equipment used by the high-end designers in order to reproduce, with remarkable detail, the same high-end designer bags.

Since the companies who are stealing trademarks and profits from the high-end designers are not declaring themselves as such, there is no way for a consumer to know exactly what went into the manufacturing of these designer handbags. The market for “designer replica bags” is legitimate, or least it is legal, bBut the manufacturers who are passing off their rip-off bags as authentic are the problem.

Who’ Cares if I buy a Designer Knock-Off? No One Is getting Hurt, Right

Some consumers simply don’t care if the handbag is authentic so long as it looks to be so. The argument goes, who is being hurt if I buy a fake Louis Vuitton or a fake Hermes bag? Aaside from the obvious profits which are lost by the designers, that is a very good question. Who is being hurt by the manufacturer of these designer knockoff handbags?

The truth is, since these are organizations engaged in criminal activity, we can’t know. There have been suggestions that the knockoff designer handbags market engages in child labor abuses. It has also been suggested that some of the funds generated by counterfeit operations funds terrorism, though I have not found any specific information to confirm that. Without a doubt, the funds are being used to fund criminal.

Gray Market v. Black Market Goods

Even handbags which are authentic can be sold illegally. It is referred to as “gray market goods”. These products are authentic; however, they are not authorized to be sold the way they are being sold. Goods that are stolen or smuggled are sold often on the Internet, sometimes on eBay. Selling great market goods is illegal just as if it is illegal to sell counterfeit goods. It does not matter if the seller knows if the goods were not obtained through licensed channels.

Designer Inspired Handbags

Designer inspired handbags, on the other hand, are copying the general look and feel of the original designer bags but make obvious efforts to ensure that these bags would never be mistaken for the original designer handbag. Selling designer inspired handbags is legal but remember that you are not allowed to mention the name of the designer from which the design is inspired by.

Declaring your Fakes as Fakes

It is also illegal to sell counterfeit goods even if you declare them as such. The reason for this is that if the manufacturer has replicated the logo or other trademarked design features and then in that bag is counterfeit as opposed to “designer inspired”. Even if you tell your buyers that the fake Coach handbag is a fake, you are still engaging in the trafficking of counterfeit goods.

If you are planning or already are selling high-end designer wholesale handbags, it is imperative that you know your sources. Selling counterfeit goods as authentic on eBay will get you banned at best. At worst you could have a visit from the FBI knocking on your door seizing your entire inventory and possibly taking you to jail. This would be a worst-case scenario, but it has happened.

eBay CEO Predicts $2 Billion in iPhone Based Auction Sales

Steve — Fri, 04 Jun 2010 03:18:46 +0000

eBay CEO Predicts $2 Billion in iPhone Based Auction Sales

This week eBay CEO John Donahoe, at the All Things Digital Conference, predicted that during the current fiscal year eBay would generate between $1.5 and $2 billion in sales through the use of the eBay iPhone App. The iPhone application is widely popular with over 10 billion downloads total. Many have questioned the ability to use iPhone Apps as a revenue source but eBay’s bold prediction puts everyone on notice that mobile devices and smart phones have the ability to produce great revenue for a company.

The company generated over $600 million during the last fiscal year from its iPhone App according to Donahoe. Maybe you didn’t realize there was an iPhone App for eBay. Take a look at eBay’s web page specifically promoting the application and providing the needed link to Apple’s App Store: here. Search, Buy, Pay, and Check the status of auctions from either an iPhone or an iPod Touch. Other features include PayPal integration, Alerts, Messages, Live Support, and Feedback.

The Chief Executive also discussed the Digital Wallet while at the conference and his belief that the majority of transactions will be made with a cell phone instead of carrying around a wallet or a purse with credit cards. eBay itself is hoping for a transformation as its transaction company PayPal has outperformed the auction site for a number of years now. Certain categories within eBay have had facelifts to make them more appealing to shoppers including their fashion area. And new features continue to be rolled out like descriptive conditions and seller templates.

eBay Adds New Descriptive Conditions for Many Items

Steve — Mon, 17 May 2010 19:17:37 +0000

eBay Adds New Descriptive Conditions for Many Items

Beginning in mid-May many sellers saw new descriptive item conditions when listing items on eBay. These new item condition descriptions are meant to provide buyers with a better understanding of the condition of the item being sold. Many of the conditions are now relevant to the item category, making them much more useful. For example, some electronic devices now provide the condition description of ‘manufacturer refurbished’.

The selection of a condition description is currently optional but beginning July 27th, all new listings will require one of the new condition descriptions. Not only new listings will have the requirement but also re-listings and sell similar auctions will need one of the more descriptive conditions.

eBay is also mapping some existing conditions to new conditions automatically. Certain sub-categories fall under this circumstance, check eBay’s website here for sub-categories that will be automatically mapped. These changes were announced in the 2010 Summer Seller Update along with other changes such as ‘rewarding sellers for great service’ and ‘more profitable selling’.

Small Business Insurance for eBay Sellers Is Too Often Overlooked

Steve — Wed, 12 May 2010 22:14:41 +0000

You have spent your time researching products that sell and wholesale, liquidation or drop-ship sources to obtain them. Whatever business you have decided upon, you cannot forget that it is a business. Home based businesses often neglect the value of small business insurance to protect them from both property losses and liability lawsuits. You shouldn’t neglect this very important aspect of your business.

Notify your current insurance company

Your first step is to notify your personal insurance carrier whether under a homeowner’s or renter’s policy. It might be possible to add a Home Business endorsement to the policy. If they say, “No”, don’t despair. Several companies are able to write home based business policies for less than $1,000 per year, often as low as $500.

Valuing your inventory

Wholesale items are easily valued at invoice, but when liquidation merchandise is being sold, it can be more complicated because the amount you purchased the items for can change drastically every month depending on supply. As a rule of thumb, you should use the same methods for valuing your inventory for insurance purposes as you do for your bookkeeping.

Liability Insurance

Bodily Injury Liability: If you rent a warehouse or storage unit for your inventory, you should have General Liability insurance to cover any accidents that may happen to third parties on your premises. This could include the warehouse staff, cleaning crews, your landlord, or delivery people. Even if you are running your business out of your house, you should carry this insurance.

Products Liability: If you are buying overstock merchandise, you most certainly need Products Liability – you could be held liable for defective merchandise. Don’t think that the original manufacturer will offer you any assistance. If you are buying wholesale or drop shipping, request to be added as additional insured to their Products Liability policy. They should be willing to do so. If not, consider a different source

Media and Advertiser’s Liability: A common exposure faced by eBay sellers is copyright or trademark infringement, unauthorized use of images or logos, and, heaven forbid, claims of counterfeit merchandise trading. These exposures do require special coverage that extends beyond even a standard business insurance policy. To have coverage for these types of claims, you need Media and Advertiser’s Liability insurance. Yes, even one person selling stuff out of their basement can be sued as a publisher, because when you create a page on eBay, which is what you are doing.

Starting an eBay business on a shoestring is hard enough without having to consider yet another expense. The best course of action in the beginning is prevention: don’t use trademarks, images or logos without permission, be careful what you say about the competition, restrict public access to your premises, and publish solid descriptions and disclaimers of liability on your listings. As your business grows, you should consider your small business insurance as one of the many expenses of a successful business.

Some of the Common Tips to make eBay Templates

Steve — Wed, 05 May 2010 21:15:09 +0000

Some of the Common Tips to make eBay Templates

One of the main parts of eBay selling is the visual appearance of your profile. To make a good looking profile happen you will have to find some of the eBay templates that are available on the Internet and put them to use. However, many of the eBay sellers do not know how to make their profiles look really good and that way they are not able to attract a lot of customers.

There are many templates available on the Internet that you can choose from. Here are some of the most common tips that you will be able to use to make a great looking profile:

First of all make sure that you choose some appropriate templates that are suitable for the items that you are selling. On most of the websites there are a lot of different variations of the templates that are suitable for all kinds of seller, for example for computer or toy sellers. Furthermore in most of the websites you will be able to find some of the best templates for free, just make sure that you will type free eBay templates in some of the major search engines and you will find those websites easily.
Next make sure that you add all your photos on top. That way you will be able to show your customers the items you are selling and only after that you will show them the descriptions. Make sure that the photos will be taken properly.
Consider making a logo, if you do not have one. The logo is one of the best ways to make your whole sellers profile look professional and also you will show your customers that you are reliable. There are a lot of logo designers that are working these days, so make sure that you will search and use the services that they are offering.
Make sure that you use larger fonts when you are expressing something that is important. There are a lot of different fonts that are available and you will only have to choose the one that you like most.
Learn some HTML, because it is one of the main languages that are used in the creation of all kind of websites and also for most of the templates that are available for the eBay sellers. There are a lot of books where you will be able to learn the basics of that language, so make sure that you will read some of them.

If you perform a little research on the Internet you will see that there are a lot of useful websites, where you will be able to get all the information that you need to make your whole eBay sellers profile look a lot better. So make sure that you spend some time and see what is available on the Internet.

Keys to Selling Vintage Clothes on eBay

Steve — Sat, 01 May 2010 22:12:37 +0000

Selling vintage clothes on eBay that you have found at a yard-sale or your grandparents’ attic seems like a great way to make some extra money without a great deal of effort. eBay makes selling anything online even easier. But there are some things that you need to keep in mind specific to vintage clothing to get the best results from eBay. If you have a knack for finding specialty items like petite dresses, those could be a real winner.

First, understand what you are selling. Many people will search eBay for specific types or brands of clothing. If you don’t know what a particular piece of clothing is called, do some research in order to give the best description in the auction. Also, if you sell something with an inaccurate description, this will lead to a poor rating for your eBay seller’s account, which will make selling more items in the future more difficult.

Second, all clothing should be clean and in good condition. For delicate fabrics, take the item to a reputable dry-cleaner and don’t try to machine wash the item at home. Replace any missing buttons if possible and repair any small rips or tears. If there are any stains or damages that cannot be repaired, be sure to clearly disclose this to the buyer.

Finally, give the clothing a good presentation in the auction listing. This includes taking a quality picture either on a person or dress form. If that is not possible, lay the clothing out to display it as well as possible. Be sure that the pictures are taken in good lighting. Also, buyers will want to see the article from different angles, so include additional pictures of the back and sides. If the clothing has any particularly interesting detailing, include close up picture of this.

Once you have an array of popular items in your inventory, you can begin expanding into more rare outfits like tall maternity wear.

By following these simple steps, you will be able to successfully sell vintage clothes on eBay in no time. Remember to clearly and accurately present the item for sale in order to maintain a positive seller rating.

How to decide to work part or full time on eBay?

Steve — Mon, 29 Mar 2010 21:38:54 +0000

How to decide to work part or full time on eBay?

EBay is one of the best places on the Internet, where you will be able to make a good income and be your own boss. However have in mind that to make it successful will require you to spend a lot of time and have patience building your seller profile properly. There are a lot of people, who are sharing their success stories and showing you how to achieve similar results. Remember before considering eBay selling as a full time job, you will have to first try it as a part time occupation. There are questions you need to answer also and some of the most common among them are:

First of all think about how much money you are earning from eBay now, because that is really important for your decision. Make sure that you will spend some time and make a calculation of the amount of time that you are spending there and also what is your income generated for that period of time. If you are making a lot of money for a shorter period of time, then start thinking about becoming an eBay seller full time.
After that think about your current job, because when you focus on eBay, you will have to give it up. Consider the fact that after a couple of years you may become the CEO of your company and other important benefits. Furthermore, consider ‘Do you really like your job?”
Very important is to determine will you be able to make more money on eBay than working on your current job. In eBay everything depends on the type of items you are selling. If you are really looking to make a good income from that website, make sure you try to sell more expensive goods, because that way you will be to make a lot better income.
Many people dream about working in their homes, but in most of the cases that becomes a nightmare. The main reason for that is the fact that you will have to do all the everyday chores in your house and in the meantime run your business. However, you can always hire a maid, who will be doing those things instead of you.
Last, but not least think about the fact that you will have to survive for a couple of months, because sometimes you may not be able to sell anything. Make sure that you have some savings that will be prepared for such an occasion and think about is it really worth taking eBay selling as a full time job.

If you are able to answer all those questions in a positive way, you are ready to start working as an eBay seller. However, if you have any doubts about it, make sure that you will spend some time and try it as a part time job first.

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eBay Auction Selling - Make Money Online » eBay

Wholesale Jewelry Distribution on Ebay

Related Posts:

What Everyone Should Know About How To Build An eBay Empire

Low feedback? Lower Price

Where To Find Suppliers

Calculate Sales Price

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3 Ways To Make Money With Ebay

Related Posts:

Selling Counterfeit Designer Handbags Is Risky Business

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eBay CEO Predicts $2 Billion in iPhone Based Auction Sales

eBay CEO Predicts $2 Billion in iPhone Based Auction Sales

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eBay Adds New Descriptive Conditions for Many Items

eBay Adds New Descriptive Conditions for Many Items

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Small Business Insurance for eBay Sellers Is Too Often Overlooked

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Some of the Common Tips to make eBay Templates

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Keys to Selling Vintage Clothes on eBay

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How to decide to work part or full time on eBay?

How to decide to work part or full time on eBay?

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