Top 10 New Years eBay Store Resolutions for Small Business Owners

Magic of New Years ResolutionsTis the season for New Years Resolutions

As a small business owner do you have an eBay plan for 2008?

Small business owners are bombarded by multiple ideas, emails and suggestions concerning how they should run, improve and increase business this time of year. Among these New Years Resolutions ideas is one which I consider to be the most likely to provide a return on investment for any business owner... I suggest any small business should research the viability of adding an eBay marketing plan, including the use of an eBay store, to the present marketing budget. If you have not already looked into the potential of eBay and eBay Stores, you should designate this as one of the top priorities for your company in 2008.

No matter if your business has an established eCommerce Internet website or not, adding an eBay business/marketing plan to your retail or wholesale operation is not only a revenue producing sales tool but also a promotional venue with an unlimited potential to increase your businesses bottom line and overall worldwide branding exposure and recognition. So lets make looking into eBay a primary New Years resolution for your company, here are 10 resolution ideas and the possible benefits of following our advice:

Top 10 New Years eBay Store Resolutions for Small Business Owners

  1. OPEN and eBay store and stock it with merchandise- This is the first step! Once you make this initial step, your business will be on its way towards gaining worldwide exposure for your brand and a robust and lively new customer base. All built in to the incredible and free built in SEO advantages of an eBay store. Question: Are you aware that more searches are initiated for products on eBay each day than on Google? In fact there are more searches completed each day on eBay than on Google's entire system and every search within eBay is initiated by a consumer looking for a product to buy. People search on Google for free information. Which place do you want your products found?
  2. Build up your positive feedback number- By building the eBay account feedback through purchases and the sales of your store merchandise new and exciting features of your eBay account will become available. Once your feedback rating exceeds 100 all of your fixed price and store listings will be gaining even more Internet exposure on eBay express and you will qualify for many other programs within eBay. When your sales exceed $1000.00 per month, your business will be listed as a PowerSeller. Powerseller status indicates to the consumer that you are a steady and reliable resource and that they can have confidence buying from you. Additionally, when your sales surpass $3000.00 per month, your business will qualify for a reduction in PayPal fees.
  3. Advertise your business locally via eBay - Create excitement and build confidence with your current customers by telling them about your new and exciting eBay store. Your customers will all know what eBay is and you will be amazed at how they will react to the news of your businesses move into eBay. Immediately you will gain a reputation for being cutting edge and Internet savvy.
  4. Set up a Trade - In / Trade - Up Program for new equipment sales - With your company eBay store and Continue reading “Top 10 New Years eBay Store Resolutions for Small Business Owners” »

11 Most Commonly Suggested ways to Make Money on eBay and why you should Avoid most of them

eBayPardon us for a moment while we play "Devils Advocate" to explain the reasons why some of these 11 most commonly suggested methods for making money on eBay, are impractical or more accurately, are methods destined for failure.

If your goal is to start an eBay based business you should read this article.

The best way(s) in our opinion, to make money on eBay as part of an well crafted eBay business plan, will be revealed after our review of these more "commonly" touted methods.

The text in this post edited in italics is a previously compiled list of 11 common methods for sourcing products to sell and make money with on eBay. The article was originally written by a self appointed drop ship guru by the name of Mike Makler AKA "The Coolest Guy in the Universe".

Last Year over 20 Billion Dollars worth of product was sold on Ebay. (Yes Billion with a "B"). Many people are earning $10,000 or more selling on Ebay. Many more would like to sell on Ebay but they face that big hurdle - Where Do I find Items to sell on Ebay. Here are the 11 Best Places to Find Items to sell on E-Bay.

Copyright © 2005-2006 Mike Makler the Coolest Guy in the Universe

Original Article Source: http://EzineArticles.com
About The Original Author:
Mike Makler has been Marketing Online Since 2001 When he Built an Organization of over 100,000 Members

1 - Garage Sales

The Strategy that works best with Garage Sales is stop by at the end of the day and offer to buy all the merchandise they have left. You can often spend $25 - $50 and then resell on Ebay for $500 or more.

  • Why is this a very difficult way to make money on eBay? - Because for every item you spend the time to find at a garage sale you must perform several time consuming steps before that single item can be sold on eBay. Each item must be evaluated, cleaned, tested, described, photographed, categorized, listed and stored. This is a lot of time invested in each item purchased at "Garage Sales", and that time is multiplied by a factor of however many items you purchase in that lot for $50. Therefore, for each 20 item lot you purchase for $50, you will spend approximately 20 hours of your time getting those items listed on eBay. How much is your time worth? Lets say you value your time at a very low $10 per hour, now your investment in these 20 items is worth in excess of $250, not including the time or gas money spent in finding the original "Garage Sale". Will each lot or haul from these "Garage Sales" net even one item which will return your investment in time and cash? Will all of the items sell on the first listing on eBay? How much more money will you invest in eBay fee's and charges to sell these used cast off "Garage Sale" items? - Garage Saleing is a fun pass-time for the retired and a possible business endeavor for people who work at Flea Markets, but for eBay it is a losing proposition. Suggesting that eBay sellers should source product using this method is similar to suggesting to gamblers that they can get rich by playing bingo.

Continue reading “11 Most Commonly Suggested ways to Make Money on eBay and why you should Avoid most of them” »

QuikDrop Closes eBay Drop-off Store Franchise Store Owners Looking for Software Replacement

QuikDrop Says Goodbye...

QuickDrop LogoIn an article written by Ina Steiner of AuctionBytes.com this morning, it is reported that QuikDrop, one of America's largest drop off eBay store franchises, is closing up franchise sales and support operations by the end of this month. The current franchisees (store owners) are free to continue store operations but will do so without corporate franchise support or software.

...at least one storeowner was worried over QuikDrop's notice that it would cease offering the stores use of its proprietary software program on December 31. Bob Golub, owner of a Massachusetts QuikDrop franchise store, said he wasn't surprised at news of the closure, but is worried about finding replacement software and learning a new program in such a short period of time. "We're all scrambling," Golub said. Excerpt by: Ina Steiner AuctionBytes.com

If you own a QuickDrop franchise what will you do? Continue reading “QuikDrop Closes eBay Drop-off Store Franchise Store Owners Looking for Software Replacement” »

Welcome – Cornerstone Commercial Supply to iBusinessLogic / All Business Auctions!


Cornerstone Commercial Supply is pleased to announce that after years of brick and mortar retail and wholesale sales of commercial carpet cleaning, janitorial and floor care supplies and equipment, that they are entering the exciting world of e-commerce as an internet and eBay seller!

The professionals at iBusinessLogic are bringing the world of Internet marketing to an established Brick and Mortar distributor of Carpet Cleaning supplies and equipment in the Tampa Bay area.

iBusinessLogic 's first task has been to set up the inventory of this commercial carpet cleaning distributor in electronic format and to enter it into the AuctionLogic business class ebay management software suite. We are proceeding with this project while we complete the design of the eBay stores templates with our DesignLogic and Frooition graphics and eBay stores certified designer teams. The eBay stores design and listing template is nearly complete but since we have all of this great product to promote, there is no reason to wait. We at All Business Auctions have begun the soft launch of this client onto eBay with a basic eBay stores design provided by eBay.


Once DesignLogic & Frooition has Cornerstone's new eBay store design completed they can simply do a quick install of the eBay store design without changing any of the items already running on eBay. One of the great features of our AuctionLogic software suite is that once the Cornerstone branded and customized eBay listing template is ready for use, we can simply choose to change the template of any store item from within our software without ever having to re-enter item description information or details. Once the Designlogic / Frooition template is installed our client will have the ultimate flexibility available for changing and editing both live eBay listings and thier own promotions within the eBay store. Featured items will be promoted / cross marketed on each and every listing with this eBay stores design and software solution.

Next on the agenda, after the eBay store is up and running and generating revenue, DesignLogic will formulate , design and implement a complete a full eCommerce website for this client. This will allow the client to direct traffic from eBay to the eCommerce website and sell his primary product which is Truck Mount Carpet Cleaning Machines.

In addition we plan on developing informational products for this client. Digitally delivered info products are a great way to get a company brand and company links into the hands of a focused and targeted audience. The informational products ideas we have for this client are extensive and we fully intend on helping Cornerstone Commercial Supply inform and educate its customer base with Commercial carpet & floor care e-books, e-reports, e-reviews on equipment and other video and audio based informational products.

We have been working for years to reach a level which would allow All Business Auctions / iBusinessLogic to create comprehensive and effective Internet marketing plans which start with the awesome power of eBay traffic generation. We believe we have found the right combination of tools, services and mentoring programs which will allow any brick and mortar business like Cornerstone to survive and thrive in the new world of Internet based marketing.

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DesignLogic Created Frooition Powered eBay-Stores Design for Cornerstone Supply

 

We have have just created this new eBay stores design with our DesignLogic team in conjunction with Frooition in the U.K.

Cornerstone Supply is an established brick and mortar supplier of commercial carpet cleaning equipment and cleaning agents, specializing in heavy duty truck mounted carpet cleaning machines.

Our iBusinessLogic team of professionals and solutions will be bringing this company to eCommerce in a big way - starting with an eBay store designed by DesignLogic and powered by Frooition. Listing services provided by AuctionLogic will keep the inventory of this operation online via eBay with a minimal learning curve and maximizing uptime of inventory.

After our initial eBay stores setup and implementation we plan on designing and launching a eCommerce website and blog for this company.

Wish us luck as we hope to provide these types of services for brick and mortar businesses for the foreseeable future.

Why every Trading Assistant and eBay Franchise Drop Store Should have and eBay Stores Account


In our previous post we reviewed Trading Assistants & franchise eBay drop store marketing ideas and I promised to detail how and why every Trading Assistant or drop store owner should have an eBay Stores account.

It always amazes me when I consult with franchise owners who are struggling to find that they have not signed up to become an eBay store owner. These franchise drop store owners are struggling to generate profits and eventually they ask for marketing ideas, when one of the smartest marketing tools available on the planet is an eBay Stores account. Why don't these business people take advantage of this opportunity?

Is it the $15.95 per month charge which holds them back? Or is it simply the fact that eBay does not do a good job of explaining why eBay stores are the key to becoming profitable on eBay. Continue reading “Why every Trading Assistant and eBay Franchise Drop Store Should have and eBay Stores Account” »

eBay Drop Store or Trading Assistant Profits Possible as a Business?

With the current condition of the eBay drop store franchise industry, it has become apparent that not everyone who bought into the “owning a business without investing in inventory” sales pitch has actually succeeded as a business.

The question then becomes…Is it possible to operate a profitable business as a full time trading assistant?

The answer is complicated, and on the surface the quick answer would be NO - not without modification of the business plan suggested/promoted by most eBay drop store franchises and used by most Trading Assistants.

I can share this opinion from experience because at one time, I was a master franchise representative for one of the largest eBay drop store chains in America (and 5 other countries). The experience as a franchise rep taught me that the franchisees needed more support to become successful.

The franchisees in our chain were hungry for information about how to improve, how to market and how to make the whole operation profitable.  The franchisees and I eventually became disillusioned with the franchise and its marketing/business plan (which will stay nameless) because the franchise was not willing to invest in the continued marketing support of the franchisees.  I felt it was in the best interest of the franchise to make an effort to help the existing franchisees with marketing sales and business planning.  In my opinion, if the existing franchisees were having trouble being successful, eventually the market would dry up and new franchisees would become difficult to find. 

The franchise must be a healthy successful enterprise and all of the people who invested in that franchise must also be... Or the franchise will not survive.  This prediction seems to be fulfilling itself and instead of saying I told you so, I decided it would be better to break free and help anyone who is in business as a Trading Assistant or Drop Store operator no matter their prior affiliation.

An eBay trading assistant business or drop store operation is not something which can be canned into a package and set up in a way which will guarantee success. An eBay drop store is not like a McDonald’s or Radio Shack. You can not simply put up a franchise sign and expect people to walk into your store and be comfortable with your brand. eBay is the brand, not XYZ franchise trying to look like eBay.

The American public has turned the corner, they now trust the name eBay. When a third party brand in the form of a franchise is interjected into mix is when the public looses confidence. If you were sold a franchise store and were advised that people would stream in bringing their Rolex watches and Tiffany lamps just because you put up a sign from XYZ franchise… I can imagine that you, like many of the franchisees from my former company, have noticed it just did not happen as you may have been led to believe.

So… What is the Answer? Can a Trading Assistant make a profit? – Yes or No?

Continue reading “eBay Drop Store or Trading Assistant Profits Possible as a Business?” »

Our New All Business Auctions eBay Store Design is almost complete – Thanks to DesignLogic and Frooition!

We are working with our DesignLogic team to integrate the Frooition eBay stores design framework into our system of eBay Stores Designer services. Very soon, visitors to our eBay store will be greeted by a new and dynamic shopping experience. To see an example follow this link: DesignLogic/Frooition eBay Store Mockup If you compare the two examples you may notice some significant differences. These differences are more than simple appearance and color pallate choices. They are reflected in the core purpose of any e-commerce design. Conversion and cross selling is king in e-commerce and the Frooition design template has been created from its inception to optimize both of these goals and place them within an eBay stores design parameter. If your eBay store has not performed as you had hoped, if your are frustrated by the lack of repeat , upselling, or bundled sales performance from your present eBay store design, we suggest you investigate the Frooition design solution. If you have not yet heard of Frooition here in the USA, you will.

Frooition is the premier eBay stores design solution in the U.K. and Europe. Some of the U.K.'s largest retailers rely upon Frooition to implement and manage their online sales strategies. We are certainly proud and honored to be linked in business and in friendship with this outstanding company and we only hope that our DesignLogic services can benefit from and provide value to Frooition and our clients alike.

Features of Frooition eBay shop Design: Continue reading “Our New All Business Auctions eBay Store Design is almost complete – Thanks to DesignLogic and Frooition!” »

Opal Ring For Sale… Is it worth more with a good photo?


Gold_Opal_Ring002.jpg

Originally uploaded by All Business Auctions
What a piece, a gem of Australia!

Would you Buy This ring?

Check out my eBay Store to see if it is right for you but the point here is that eBay photos across the board should be better than average to increase sales.

Better Photos = More Bids!
Try it!

Listing a $35,000.00 Custom Diamond Ring on eBay


Originally uploaded by All Business AuctionsContinued as Promised....

As discussed in my previous post, this is a very high quality item which has been entrusted to my company to list for sale.

This is a 2.0 ct Solitaire Near flawless and colorless round brilliant cut diamond mounted in a tested and stamped 18k solid white gold setting encrusted with over 80 secondary natural diamonds for a total carat weight of diamonds equalling 2.86 carats.
 

  • Was my trading assistant company just given this opportunity because we have an eBay sign on our front door?
  • Did we simply luck into this possible sale?
  • Is there any reason why we were chosen over any one of the reputable jewelers in our community?

I like to think the answer to all of those questions is NO.

Now, why do I think this?

Continue reading “Listing a $35,000.00 Custom Diamond Ring on eBay” »