| |
| |
|
Net Auctions and Auction Information |
|
|
|
An Introduction To eBay Consignment
After I started selling on eBay, I was approached by friends without computers who wanted me to sell their items for them. They had heard stories about the outrageous prices items some ebay auctions brought. They knew I could get more money for them on eBay than they could get selling the items themselves. An added incentive to them was I did all the work. All they had to do is say "I don't want this anymore, sell it for me;" and within a few weeks I converted their castoffs into cash. I was already selling on eBay, and I had developed a system for listing and dealing with sales that allowed me to list lots of items in a short time. The chance to make a few dollars without any investment was too much to pass up. I made some good money doing this and because I didn't have to tie up my money buying inventory I was able to use it to grow my train business. Consignment Selling Is The Perfect Way To Start Your Own eBay Business. There are no set up fees or investments. You won't need to risk your own money buying items to resell. You don't need a detailed knowledge of antiques and collectibles. You only need to know how to find the right category, write an adequate description and take some high quality photos. Selling on consignment allows you to learn about antiques and collectibles without risking your own money. By selling other people's items you learn the value of items in the most practical way. By handling them and selling them. No matter how many price guides you read, and antique shows you attend, you will never get the feel for items until you sell them. When you sell on consignment, you provide a service that makes your clients additional money. When most people sell something, they sell to a dealer who needs to mark up the item to make a profit. This is not what happens on eBay. On eBay the END USER is the buyer and will always pay more than a dealer would. Even after paying a consignment fee, the seller makes more money. This is the true benefit of eBay consignment selling. Finding the END USER. Before eBay this was a difficult and daunting process. With eBay, a simple listing placed in the correct category, with a good description and some high quality photos, is enough to get a few END USERS to fight over the item. Things You Need To Succeed With Consignment Sales: 1. You need to take possession of the items. When you sell items on consignment you risk your eBay name and reputation. You take these risks when you sell your own items, but you are in complete control of your actions. In order to lower your risks you need to get complete control of the items you are going to be selling. This prevents sellers from changing their minds, and allows you to ship the items as soon as you receive payment. 2. You should always have a written contract. One of my friends was sued by a consignor who felt the commission was too high. The consignor agreed to pay 20 percent of the selling price, then when the item sold for $8500, got upset about paying $1700 to someone for doing 30 minutes of work. While my friend won in court, it would never have gotten to court if he had a written contract. 3. You'll also need to perfect ways to get items. At first your friends and co-workers will provide you with a good stream of salable items. After a while this stream will dwindle and you will need to go out and find consignors. This is not as difficult as it may seem. Remember, by consigning with you, the seller gets more money than they would otherwise. Terry Gibbs is a collector/dealer of old toys and trains, and teaches others how to buy and sell antiques and collectibles. Gibbs is the author of two best selling eBay books "The Auction Revolution," and "The Complete Guide To eBay Consignment Sales." He has also written numerous other books about buying and selling antiques and collectibles. Learn more at his website: http://www.news.iwantcollectibles.com http://www.iwantcollectibles.com/consign5.html Copyright 2005 IWantCollectibles LLC used with permission.
MORE RESOURCES:
Google News |
|
|
|
RELATED ARTICLES
How To List Your Items On eBay Listing your items on eBay can be very confusing if you don't know where to start. Here are a few tips on getting your items listed so that they sell. Everything You Need To Know About Ebay Money Making Opportunities Ebay money making opportunities are simply the best thing to come along since the wheel. Seriously, everybody from grandmothers to middle school kids are cashing in on what's been called the $14 billion ebay pie. eBay - Profiting With Books By Janette Oke Janette Oke is a Christian writer whose books about life, love, values and faith have a huge following among women today. Each of her Christian books for adults falls into one of six different series she wrote. Is Selling On eBay Just A Hobby Or A Real Business? Q: I made extra money selling things on eBay last year. These were items I picked up at yardsales mostly. Ebay And Dropshipping, A Marriage Made In Heaven? eBay is the 'BEST' opportunity you can use right now to make money online in the dropshipping business from the comfort of your own home.Thousands of people just like you use eBay auctions on a daily basis to sell and buy products on the Internet; now it's your time to START your own dropshipping home-based business and succeed in the eBay auctions 'game'!There are no special skills required for this dropshipping business, all you need is a computer, Internet access and some basic computer / Internet knowledge. Garage Sales, Flea Markets, and Special Events... Oh My! The activity chart is an ingenious way to find, in order, events happening in your community throughout the day. Plug in 'www. Making Your Auction Business Stand Out From The Crowd When my sons were growing up they started playing hockey when they were 6 years old. Each of them, in their first year, scored more goals than the rest of their team combined. Affordable Online Car Auctions Still hunting for the car of your dreams? Public car auctions online are becoming a happy hunting ground for car aficionados for they bring you a huge selection of affordable cars in various models at unbelievable prices.With online car auctions you can buy a new car at prices, which are quite less than the manufacturer's price in the retail showroom. 7 Steps to Easier EBay Shipping If you're like me, you probably hate packing and shipping the things you sell on eBay.Don't get me wrong, I love selling on eBay. Police Auctions & Government Auctions Professional Resource Information Police Auctions Information:No, a police auction is not where you go to buy a policeman. Most people do not realize that police agencies, including local police departments, county sheriff departments, as well as state and federal law enforcement agencies end up with a lot of confiscated, lost, or abandoned property. The Webs Best Online Auction Sites The best online auction links for buyers and sellers are - not surprisingly - eBay, eBay and eBay. eBay began the entire wacky world of online auctions back on the Labor Day weekend of 1995. Better Than Sliced Bread? Drop Shipping, The New Home Business Craze Many of you will probably remember the days when the only way to start a successful home business was to join some sort of multi-level marketing program or sell makeup at parties. In those days, people would have to buy a membership in the 'program' along with an inventory of sample products that they would then sell to friends and coworkers at 'parties. How to Survive the Jungles of Ebay Selling Come with me, we are going to take a safari into the jungles of eBay selling, sometimes wrought with danger but most often rewarded with treasure.Beware of non-paying bidders, beware of auction snipers waiting to try and steal your eBay auction at a very low bid, but welcome the loot you will receive selling outdated relics in your house for a small kings ransom. How To Sell On Ebay: The Money Is In The Back-End Many people who sell on Ebay completely neglect the follow-up process. They post an auction. Drop Shipping Secrets and Sources Revealed Unfortunately for those just breaking into the wholesaling business, drop-shipping source information is jealously guarded. With a firm understanding of the service they offer, it isn't hard to see why. 7 Great Reasons Why You Should Start an EBay Business Today EBay is a great part or full time business. An Ebay Business can be used as a way to promote your Online Home Based Business. Dont Sell Grandmas Jewelry at a Yard Sale...Get More Money Have some vintage jewelry? There are several ways you can sell collectible or vintage costume jewelry. How much your vintage jewelry is worth depends on several things. 8 Collectible Dolls That Sell Well on eBay From the beginning, eBay's primary growth came from thecollectibles market. There are two basic models for eBaysales:1. 7 Simple Steps To Profit Without Your Own Product Most people do not succeed on the internet because they are selling products no one desperately wants.If you want to be truly successful sell only things that people really really really want to buy!Sounds simple? It is. Get Yourself A Piece of The eBay Pie Ebay is without a doubt the greatest internet marketing phenomenon of all time. Millions of people log on every minute and every second there are hundreds of items listed, sold and bought, and of course money is made.
|
| home | site map |
| © 2006 |
