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Best-selling author and eBay expert Michael Miller presents easy, practical advice and instructions for selling on eBay and launching a successful eBay business. Click play to follow along as Miller walks you through the steps necessary for eBay success… all you need to do is watch!
Want to start selling on eBay? Want to turn your eBay sales into a profitable business? Then this DVD is for you! In 20 in-depth video lessons, eBay expert Michael Miller shows you all you need to start making money on eBay—and launch your own eBay business.
Starting a Successful eBay Business shows you the easy way to become a successful eBay seller: just watch! You’ll master eBay at your own pace—and get specific answers and solutions immediately, whenever you need them.
These practical videos cover basic eBay selling, advanced selling techniques, and all the steps necessary to create a thriving eBay business. From simple auction listings to business plans to promoting your merchandise on the Web, everything you need to know is here—just sit back and watch!
Looking for a better way to master today’s rapidly changing technologies? Want expert help, but don’t have the time or energy to read a book? Can’t find classroom training worth the money? Discover LiveLessons: self-paced, personal video instruction from the world’s leading experts.
Michael Miller is an experienced eBay seller and writer. He has authored more than 80 non-fiction books over the past two decades, including Absolute Beginner’s Guide to eBay, Easy eBay, eBay Auction Templates Starter Kit, Tricks of the eBay Masters, Tricks of the eBay Business Masters, and Making a Living with Your eBay Business. He is known for his casual, easy-to-read writing style and his ability to explain a wide variety of complex topics to an everyday audience. His eBay ID is trapperjohn2000; his website is located at www.molehillgroup.com.
eBay Business
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Introduction ix
Lesson 1 How an eBay Auction Works 1
What eBay Is................................................................ 1
Who Uses eBay?........................................................... 1
How an eBay Auction Works......................................... 2
Understanding eBay’s Fees.......................................... 3
Lesson 2 Creating a New Auction Listing 5
Before You List: Do Your Homework............................. 5
Creating an Auction Listing–The Easy Way.................. 6
Creating an Auction Listing with More Options............. 7
Lesson 3 Selecting the Most Effective Listing Enhancements 9
Evaluating eBay’s Listing Enhancements and Fees...... 9
Choosing the Most Cost-Effective Listing Enhancements... 10
Lesson 4 Setting the Right Price 13
Setting a Low Starting Price....................................... 13
Setting a High-Enough Price to Cover Your Costs....... 14
Price at the Breaks..................................................... 14
Using a Reserve Price................................................. 14
Adding a Buy It Now Price........................................... 15
Lesson 5 Determining the Timing of Your Auction 17
Why Sniping Is a Factor.............................................. 17
Choosing the Right Time of Day.................................. 17
Choosing the Right Day of the Week.......................... 18
Lesson 6 Automating Auction Listings with Turbo Lister 19
Why You Need to Automate Your Auction Listings...... 19
Downloading and Installing Turbo Lister.................... 19
Creating Listings with Turbo Lister............................. 20
Uploading Your Turbo Lister Listings........................... 20
Lesson 7 Shooting Effective Product Photos 23
Why Product Photos Are Important............................ 23
Setting Up Your Photo Studio..................................... 23
Taking Quality Product Photographs........................... 24
Editing Your Digital Photos.......................................... 24
Lesson 8 Calculating Shipping and Handling Charges 25
Choosing a Shipping Service....................................... 25
Determining Actual Shipping Charges......................... 25
Calculating a Flat Shipping Fee................................... 26
Adding a Handling Fee................................................ 26
Lesson 9 Accepting Credit Card Payments with PayPal 27
Why You Need to Accept Credit Card Payments......... 27
How PayPal Works...................................................... 27
Using PayPal in Your eBay Auctions............................ 28
Paying for PayPal........................................................ 28
Lesson 10 Managing Your Auctions 29
Tracking the Progress of Your Auctions with My eBay. 29
Contacting the Winning Bidder................................... 30
Using Third-Party Auction Management Tools............. 31
Leaving Feedback for Your Buyers.............................. 31
Lesson 11 After the Sale: Packing and Shipping 33
Assembling Essential Packing Supplies....................... 33
Choosing the Right Shipping Container...................... 34
Packing and Sealing the Box....................................... 34
Creating a Prepaid Shipping Label.............................. 35
Lesson 12 Planning for Business Success 37
Why You Need a Business Plan.................................. 37
The Components of a Successful Business Plan......... 37
Writing Your eBay Business Plan................................ 38
Putting Your Plan to Use............................................. 38
Lesson 13 Doing Market Research 39
Why Market Research Is Useful.................................. 39
Where to Find eBay Market Research......................... 39
How to Use Research Data in Your eBay Business..... 40
Lesson 14 Determining What Products to Sell 41
Selling What You Know............................................... 41
Specializing in a Specific Product Category................. 42
Selling Higher-Priced–and Higher-Profit–Items......... 42
Focusing on Sales Volume.......................................... 42
Lesson 15 Locating and Purchasing Inventory 43
Where to Find Sources for Different Types of Merchandise 43
Finding Reliable Suppliers for Your Inventory.............. 44
Purchasing Your Inventory–Cost Effectively............... 44
Lesson 16 Managing Your Inventory 45
Increasing Inventory Turns......................................... 45
Establishing an Inventory Management System......... 45
How to Effectively Manage Your eBay Inventory......... 46
Lesson 17 Setting Up an Accounting System 47
Why Record Keeping Is Important.............................. 47
Tracking Revenues, Expenses, and Profit................... 47
Choosing an Accounting Program–and Working with an Accountant 48
Lesson 18 Calculating Profit and Loss 49
Calculating Gross Revenue......................................... 49
Calculating Gross Profit............................................... 49
Calculating Net Profit.................................................. 50
Lesson 19 Promoting Your Business 51
Linking to Your Other Auctions.................................... 51
Creating an Email Mailing List..................................... 52
Using Google AdWords............................................... 52
Lesson 20 Growing Your Business 53
Launching an eBay Store............................................ 53
Selling on Half.com and eBay Express........................ 54
Creating Your Own E-Commerce Website 55 TOC, 0789737922, 3/12/08