Secret Number One
The number one secret to acquiring wealth on eBay is finding (and selling) your passion. What are your hobbies and interests? What gets you motivated to wake up in the morning? What do you get excited talking about? Can you translate it into a product to sell on eBay? For example, let’s pretend you love collecting knickknacks from secondhand stores. Can you possibly sell them for more than you paid for them? This is an area where many entrepreneurs have success on eBay.
Secret Number Two
Another secret of an auction millionaire is to become widely versed with eBay. You need to know all the in’s and out’s to use is to its full potential. eBay has a vast array of resources that are free to use and explore. For example, did you know that well written eBay item listings with descriptive titles, photos and a variety of payment options do better than others? These details are what will help you successfully sell your products online.
Secret Number Three
My final secret is learning all about the various fees that eBay charges you for selling your products. For example, eBay charges you more money if you select various categories for items you’re selling. This means you need to have a strategy for selecting relevant categories. eBay also charges you for longer descriptions, more pictures and different lengths of auction times. Jot down all the charges and make a budget that is perfectly suited for you.
I hope you’ve enjoyed my three secrets of an auction millionaire. Starting a new business endeavor may seem like a scary step, but I promise it’s a step in the right direction. All you need to do is find your passion, learn the in’s and out’s of eBay and investigate all your selling options and budgets. Should you have a question regarding eBay, please feel free to contact me using the contact form. I look forward to hearing from you.
Posted on behalf of Adam Ginsberg by the Adam Ginsberg Team
Adam Ginsberg is helping people to become financially independent with his resources like eBay templates, eBay software and eBay tools. If you want to know more about his resources you can visit Secrets of an Auction Millionaire, Success with Adam or even Adam’s main website. You can listen to some testimonials of his satisfied customers and read his book, “101 secrets of an Auction Millionaire” for some inspiration.