The Two Big Factors Of Selling On Ebay

We have all read the stories in the papers - there are thousands of people making a living or making a part-time income on eBay.

Today I’m going to talk about the two main influences of selling on eBay - and I will call this The Big Advantage and The Big Disadvantage.

Let’s talk about The Big Disadvantage first.

The Big Disadvantage

eBay is a place where bargain hunters go. Hence you may not be able to command a premium price for your products. It is easy to compare the prices of similar products in the eBay marketplace and get the best deal. This can create pricing wars which reduce your profits.

The Big Advantage

How would like to tap into some (almost) free advertising? eBay really allows you to do this. All you need to do is set up your auction and you can expect a flood of targeted visitors. All this is done hands-off. Millions of people scour eBay everyday for products, and instead of building a website up from scratch, you can leverage on eBay’s reputation and traffic.

One way to cut out The Big Disadvantage is to simply create a unique product. This has to be an information product, because it is the only kind of product that can be truly unique.

If I was searching for information on how to sell real estate, it’s unlikely I would only buy one book on the topic. I will buy several books to get more information. However, for physical products, I do not need to buy so many trampolines, refrigerators or tables.

One big advantage with information products which are digital is that they can be delivered immediately. The buyer does not have to wait for weeks to get his product or pay for shipping. And you can automate the whole process - the buyer pays and receives his download automatically. This can be done on eBay.

Fabian Tan makes a very short trip to his office everyday – his home! In 2006, he ‘murdered’ his job and now earns a solid income online. Go behind the scenes to discover more of his job-killing strategies and secrets at MurderYourJob.com