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Did you know that you can earn a full time income selling on
Ebay without making any initial investment at all? You don't
need to pay for your inventory and you don't even need to pay
ebay fees until the end of each billing period.
In fact, you can sell on ebay and avoid spending any money at
all until you have already made profit from dozens of sales.
One method you can use to do this is dropshipping. Simply find a
dropshipper online, such as http://www.megagoods.com/ and sign
up for their dropshipping program.
Most dropshippers will allow you to join for free. Some will
have better prices than others, so you should browse a number of
sites before making your selection. Once you choose a
dropshipper and create an account, look for items you could
potentially sell on ebay.
After you have selected items from your dropshipper, match the
dropshipper's prices against the prevailing market prices on
ebay.
For instance, let's say you decide to sell 40GB ipods on ebay.
You search ebay and find that the prevailing market price for a
40GB ipod is $329. Your dropshipper offers to sell you a 40GB
ipod for $280.
If you calculate that you can sell at the prevailing market
price and still earn a significant profit after fees, you should
stick with that dropshipper. If not, you should select another
item or another dropshipper that will give you a higher profit
margin.
Credit is another easy--and more obvious--way to make money on
ebay without spending. You can use a credit card or paypal buyer
credit to purchase items at a discount from less-trafficked
auction sites, such as bidz.com or bid4assets.com.
Simply purchase an item on credit, resell it on ebay, and then
use the profits to purchase another item, which you will resell
again, restarting the cycle. By the time your credit card
statement arrives, you will have far surpassed your initial
investment. Not only will you be able to pay off the debt, but
you will have enough money to purchase more merchandise without
using credit.
You can also purchase items wholesale in small batches online
using this same method. If you go to
http://www.wholesaledir.com/, you will find a number of
wholesale dealers.
Purchase your first batch from an online wholesaler using
credit. Break the batch down into smaller groups or into
individual items; and resell them at a reasonable markup. By the
end of your billing statement, you should have enough money to
pay off your bills and purchase a new batch.
About the author:
Jason James website 'The Auction Resource Network' reveals his
inside secrets and sources that help him pocket over $10,000 a
month on eBay.
Claim your FREE 'Top 10 eBay Selling Secrets' eBook: www.auctionresourcen
etwork.com
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