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Friday, 20 April 2007

A roadpath to eBay Success - Part 1

Welcome to the first of four articles on the correct way to make a go of earning cash on eBay.

Everyone has heard of eBay, and I would take a good guess that most people have either sold or bought something on eBay, in fact some people make a living from eBay.

Getting Started
The first thing you need to do, if you haven't done so already is get yourself registered on the site, remember to choose a relevant name or an easy to remember one if you're going to make a serious go of this.

What to sell?
When you're ready to sell, the first thing you need to think about is what you are going to sell, this could be just junk you have lying around or if you want to go a step further, try choosing a niche category where there could be high demand but there is not much supple, a lot of categories on eBay are over-saturated, also I find important that you pick something you are truly interested in, this usually provides more self motivation. Sit down with a pen and paper, think long and hard in a brainstorming session, choose around three categories you would be interested in selling.

This is a very important step, you have your three favorite ideas, now you need to search through eBay and have a look at the competition surrounding those categories and make a decision whether it is feasible that you continue your interest in that category, also decide on which one you would most prefer or which one you think could do the best, either way just choose a final category and stick to it. Now you can concentrate on researching these products further, including detailed analysis of your possible future competitors

Now you have your chosen categories and an idea of which products to sell. Article 2 will shortly follow, this will deal with sourcing products etc, stay tuned!

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