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Tour : Products |
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Selecting
Products :
- After
you have purchased a membership to Wholesale Marketer or even before
you make your purchase, it is important to decide which types of products
to sell. It is impossible to sell everything to everyone. Even on eBay,
the best sellers offer similar products and stick to what they know.
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Know
Your Product:
- To
be successful, choose products you are familiar with and interested
in. This will help you when it comes time to answer your customer's
questions, and it will keep you excited about your business. After all,
if you lose passion in your business, your business will quickly fail.
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Do
Your Homework:
Once you've
selected a product category or type, find out everything you can about
that product type:
- Check
Wholesale Marketer for quantities in stock. This is very important,
as you don't want to sell something with quantities so low that it may
not be in stock when your auction ends.
- Check
the markup from the wholesale price to MSRP. Remember, auction profit
margins are usually low because people expect to find low prices on
online auctions.
- Check
auction sites to see if they're already inundated with similar products.
If so, you may want to look for something more unique. Sometimes a product
will sell very well on one auction site but not on another.
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Using
Online Auctions:
- Online
auctions present a great way to sell products online. Last year, eBay
users alone exchanged some $9.3 billion worth of goods. This doesn't
include other popular online auctions like uBid or Yahoo!Auctions
that can also provide great outlets for selling products.
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Signing
Up
- If you
don't have an eBay account yet, register today. You can register by
clicking on the banner above and then clicking "Register." To get started
with uBid, register today. You may register by clicking on the image
to the left and then clicking "Register Now." Take full advantage of
the site tours and help sections of these web sites to become very familiar
with how the sites work and how you list items. These sites often offer
greats tips on how to market your products and be successful.
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Selling
Tools:
- If
you're selling on eBay, we strongly recommend taking the time to investigate
the large selection of tools eBay offers its sellers. This will take
some time up front, but these tools will make your business easier and
faster to run in the future. For example, the eBay Turbolister allows
you to automatically relist a previously listed product with just the
click of a button. This is great when you find a Wholesale Marketer
product that is performing well for you.
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Pay
Pal:
- Another
essential component of selling on the Internet is accepting payment.
For a business that is just starting out, PayPal provides the best solution.
Membership is free and they only require a small percentage of each
transaction. PayPal allows you to accept credit card payments from virtually
anyone with an email address and to make payments of your own.
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Membership
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Products
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Auctions
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Fulfilment
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Beyond Auctions
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More Info
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