Friday, January 16, 2009

What Are The Ebay Income Possibilities?

If you've ever read an article about eBay, you will have seen the kinds of incomes people make - it isn't unusual to hear of people making thousands of dollars per month on eBay.

Next time you're on eBay, take a look at how many PowerSellers there are: you'll find quite a few.Now consider that every single one of one of them must be making at least $1,000 per month, as that's eBay's requirement for becoming a PowerSeller.Silver PowerSellers make at least $3,000 each month, while Gold PowerSellers make more than $10,000, and the Platinum level is $25,000.The top ranking is Titanium PowerSeller, and to qualify you must make at least $150,000 in sales every month!

The fact that these people exist gives you come idea of the income possibilities here.Most of them never set out to even set up a business on eBay - they simply started selling a few things, and then kept going.There are plenty of people whose full-time job is selling things on eBay, and some of them have been doing it for years now.Can you imagine that?Once they've bought the stock, everything else is pretty much pure profit for these people - they don't need to pay for any business premises, staff, or anything else.There are multi-million pound businesses making less in actual profit than eBay PowerSellers do.

Even if you don't want to quit your job and really go for it, you can still use eBay to make a significant second income.You can pack up orders during the week and take them down to the post office for delivery each Saturday.There are few other things you could be doing with your spare time that have anywhere near that kind of earning potential.

What's more, eBay doesn't care who you are, where you live, or what you look like: some PowerSellers are very old, or very young.Some live out in the middle of nowhere where selling on eBay is one of the few alternatives to farming or being very poor.eBay tears down the barriers to earning that the real world constantly puts up.There's no job interview and no commuting involved - if you can post things, you can do it.

Put it this way: if you know where to get something reasonably cheaply that you could sell, then you can sell it on eBay - and since you can always get discounts for bulk at wholesale, that's not exactly difficult.Buy a job lot of something in-demand cheaply, sell it on eBay, and you're making money already, with no set-up costs.

If you want to dip your toe in the water before you commit to actually buying anything, then you can just sell things that you've got lying around in the house.Search through that cupboard of stuff you never use, and you'll probably find you've got a few hundred dollars' worth of stuff lying around in there!This is the power of eBay: there is always someone who wants what you're selling, whatever it might be, and since they've come looking for you, you don't even need to do anything to get them to buy it.

So you want to get started on eBay?Well, that's great!There are only a few little things you need to learn to get started.Our next email will give you the lowdown.


About the Author

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Book Marketing: The Benefits of Giving Your Book Away

You've worked hard to write your book and get it published .So it may seem counter-intuitive as a book marketing strategy to simply give away your work but in the long-term you could reap huge dividends.

Nowadays, it is customary for authors to give away a couple of free chapters from their book to whet the appetite of potential readers.Think of it as a "try before you buy" strategy.

And it is very effective because people love to receive freebies but hate the feeling of not knowing the whole story.Of course, if you are only given access to a couple of chapters of a book and those chapters are very engaging then it's only natural that you'll want to read the rest of the book.

However, you can take the concept of giving away a chapter or two of your book a stage further.You can let individuals choose which chapter of your book they would like to receive.This approach provides invaluable market research because you get to see which topic in your book draws the greatest traction.An example of a book where this strategy was used is "The Audacity of Deceit", a book about the proposed policies of Barack Obama written by David O'Leary.

Knowing what chapters readers are initially most interested in can help to shape other aspects of your book marketing campaign.For instance, if you are using articles as part of your book marketing strategy you can focus your articles on the most popular topics of your book.Similarly, if you are hosting teleseminars or providing a sample audio extract from your book you can choose the most popular section of your book to base your audio on.

Many authors also choose to give away a digital version of their entire book.Some authors fear this may detract from sales but in reality, many readers will still purchase a physical copy of your book even if they have a digital version.In addition, if they like your book enough they will not only spread the word about your book they may also buy a copy of the book for a family member, friend or colleague.Better still, if they are a business owner or manager they might buy several copies of the book for their staff.

Hence, when you give away copies of your book think strategically.Include people on your list who have a wide sphere of influence.

Authors who sell their digital ebooks often worry that it will be passed along.There are obvious disadvantages to this.For instance, if this happens it means that you will lose out on capturing that person's name for your own database.However, people don't share books they dislike so the fact that someone is passing your book along can be seen as an advantage as well.And you want as many people as possible to read your book.

There are ways to prevent indiscriminate sharing of your digital content such as password protecting the document, limiting the number of times it can be printed and restricting the number of computers that it can be accessed from, etc.However, this can defeat your objective to promote your book and harness as many sales as possible for your book.

The thing is that people will share digital ebooks just as they share physical books.The key then is to ensure that your overall volume of sales is high enough for you to absorb these losses.Remember to include information about your products and services, such as coaching and consulting, in your book.Even someone who did not originally buy your book may still end up purchasing other of your products or services.Or, at the very least you may receive an unsolicited review of your book.

So, as part of your book marketing strategy, allow potential buyers to have access to free content.Also, make it easy for potential customers or clients to purchase from you at whatever level they choose.For example, someone might not buy your book but they may buy your $2,000 mentoring program - just as a result of reading your free ebook.


About the Author

To learn the secrets of successful book marketing and discover how to turn your book into a best seller visit Book Marketing University.

And, to discover how you can effectively use virtual book tours to promote your book visit http://www.ProfitFromVirtualBookTours.com.

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