Uploaded on Jul 10, 2011
Successful eBay business (any business as a matter of fact) is not built on wild guesses and approximations; successful business is built on facts, solid numbers and proven strategies. Unfortunately a lot of people that are trying to build eBay business forget about this or never learn in the first place and loose time and money as a result.
In this video you will learn:
• How to build your eBay business on solid facts and proven strategies that is guaranteed to make you money
• How to find emerging hot products to sell on eBay
• Discover what to sell and how to sell on eBay to boost your profits 25%-50%
• How to sell more products more often
• How to piggyback off your competitors to make more money from every auction
Essentially eBay is nothing but a giant search engine where people use keywords to search for stuff to buy and there are a lot of factors that influence how much money you're going to make from an auction.
In order to have profitable eBay business you need:
• Right product
Pick right product that will sell and will make you profit - if you choose a product with tiny profit margin that few people want to buy, how do you expect to make money selling it on a regular basis?
• Product you can get at wholesale price
Pick a product that you can get at wholesale price - yes, you might think that iPad is a HOT product to sell on eBay but you can't get it at wholesale price unless you can afford to spend several hundred thousand dollars on inventory, so iPad is NOT HOT product for your business.
• Great sales copy and description
Great sales copy and description -- what features and benefits are important and will trigger people to bid and buy from you, should you offer free shipping, alternative payment options, money back guarantee?
• Right timing
Right day and time to start and end auction, when maximum amount of buyers spend the most
• Right category
Right category to get maximum amount of traffic/visitors
• Right starting price
Most profitable price to start so you cut down your eBay fees, but not the profit
• Right keywords
Right keywords and phrases buyers use to search, because if they can't find your listings, they can't bid on them
How many serious players are there in your market and how big is your market, are you competing with hundreds of sellers with established customer base or is it just few occasional ones and you can easily be the TOP seller in the category?
• Listing features
What listing features are worth paying to get more attention, and what features is waste of money?
• How much you can make
How much money can you make selling a product? At the end of the day everything that matters is how much money you can put in your pocket so you can buy yourself or the loved ones nice and shiny things.
These are the questions you need to answer if you want make serious money on eBay and you can't answer them without eBay research.
For full textual review of Terapeak and more tips and strategies about eBay research click the link below.
Standard YouTube License