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I began selling on eBay in 1999 and have found it to be an enjoyable and profitable experience. I had owned a retail computer store for a few years and decided to close it. I still had a lot of computer inventory and soon discovered eBay was a good resource for selling the parts.
This turned into an ideal situation as selling this way became a home-based business and the overhead was very low. This was a plus to my income opportunity. A spare bedroom in the basement soon became my eBay selling room.
As time passed Lukasz Piszczek Trikot , more people began selling computer parts and the margins were getting thin. I needed to come up with a new idea that would keep my profit margins at an acceptable level. Instead of selling the computer parts, I would compile a list of my resources and then sell the list as a wholesale resource. The computer wholesale list became an overnight success on eBay. The list has cost me nothing except time, and I was able to sell the list several hundred times. I compiled the list in Excel and also in a text file. Another option was to have it burned to a CD and then mailed to the customer. I charged an extra fee for the CD Shinji Kagawa Trikot , and sold quite a few that way too.
After selling the wholesale list for a few months, eBay changed the rules and would no longer allow cross-posting the same item, and also limited the number of times the same item could be listed at the same time. This change caused sales to drop Christian Pulisic Trikot , and I eventually stopped selling the list.
I still had the eBay bug, and was looking for other ( ) eBay resources to sell. I started going to garage sales and looking for unique and inexpensive items. This was also another successful resource and lasted for about a year until more people started realizing this technique, and it was getting more difficult to find the bargains.
The next resource I started using was going to auctions and putting the items I purchased on eBay. So far Maximilian Philipp Trikot , this has been another good resource and one that I still use. My best buys are when I can buy a quantity of an item for a very low price.
One example was several boxes of HO scale train cars, engines and accessories. There were over 300 items and I ended up paying $150. That came out to 50 cents for each item. There was a lot of work photographing and writing a description for each item. The worked paid off as each item sold anywhere from $3.00 to $12.00 each, making a very nice profit margin.
Selling on eBay is still a resource for additional income Mahmoud Dahoud Trikot , and I am always on the lookout for the next big sale.
As 2005 winds down, many small business owners will find themselves naturally looking back at the past year and evaluating how well their business did. It's normal to look back at what we've accomplished and also at the long list of things we intended to do but never got around to.
If business was good, that's great. But why not take steps now to make sure 2006 is even better. To make sure you actually accomplish all of your intentions so you're not sitting around a year from now Sebastian Rode Trikot , lamenting all the things you wished you'd had time to do.
If business was less than great, there's no better time than right now to sit down and create a marketing plan, or as I like to call them a "Success Plan" for 2006. Because when you have a plan to follow you'll be more likely to actually follow through on all of your ideas and turn them into new clients and cash flow.
So what steps can you take right now to create the success you want in 2006?
Here's a list of 10. Set an intention right now to do one or two of these steps every week between now and December 31st and you'll be ideally positioned for success in 2006.
1) Evaluate your 2005 goals and how close you came to achieving them.
2) Evaluate the current status of your close or far away is it from what you want it to look like. This may be in terms of the size of the business Sergio Gomez Trikot , the number and type of clients you're servicing, the revenue your business is generating, the type of work you are doing Manuel Akanji Trikot , and even the number of hours you're working and whether or not you have any help.
3) Evaluate each and every one of the marketing activities you undertook over the past did they work? What did they cost you? How many clients or how much revenue did they generate in return?
4) Take a look at the clients or customers you're they the people you thought you'd have as clients when the year started? Or are they different? Are they your ideal clients, or are they just the clients you ended up with.
5) Review your 2005 marketing you spend more or less than you planned? If you didn't keep track of your spending, take the time to go back now and put together a summary of what you spent on marketing. This combined with the results you got and how close you came to reaching your goals will be necessary information for creating a 2006 success plan.
6) Set new goals for 2006 and create a vision of the success you'd like to achieve.
7) Establish your marketing budget for the sure it's money you have available to spend on marketing and make the commitment now to invest it in your business.