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Chapter 1: Climbing
the money ladder
Coming soon:
Home-based Business
Inventory
PowerListing
PowerShipping
PowerFeedback
Taxes
Articles and tips to
help you sell on eBay
Start an eBay business
Sell on eBay
Chapter 1: Climbing the money ladder
Go beyond PowerSeller to become a high-volume / high-margin seller and
learn about passive income opportunities.
By M.C. Nygard, Platinum PowerSeller
Before we begin, here are some
suggested readings to help you in
starting your eBay business so you can
climb the money ladder:
Your journey to PowerSeller success
begins with study. We suggest you
find a PowerSeller on eBay study their
habits, then model or "copy" their
successes. You should have no trouble
picking a PowerSeller that captures your
interest by just poking around.
We studied a PowerSeller who has a simple, but powerful formula for success and
here's what we learned from one platinum powerseller:
- they offer hard-to-find sporting equipment (parts) at around 30-35% above
wholesale, which offers a significant discount to their clients.
- their clients are passionate about their sport, which sets the foundation for
repeat business potential.
- they've adopted a local professional team
- they buy wholesale and can secure delivery quickly for their clients. This frees
up their capital -- in short they can leverage a just-in-time inventory plan.
(They can test new products by listing them and then buying them when they
have a sale.)
- they packed strong branding into their eBay store using yellow in all their
pictures to make them stand out. It pays to get a little creative with a photo
editing software like Photoshop. Their listings get more attention and more
sales than their competitors!
What can you learn by studying a powerseller? Everything!
eBay Secret Tip: You must study a PowerSeller to become a Powerseller. Do what
they do and you'll pretty much be guaranteed success. Author and motivational
speaker Anthony Robbins calls this "modeling." We also suggest you read THE
SCIENCE OF GETTING RICH by Wallace D. Wattles.
So get to know those who are PowerSellers. Even buy from them! You may get
wind of a new product idea, discover a trick about listing on eBay or uncover a
packing/shipping tip. Be creative to see how you can improve delivery, package
items better, or deliver a quality product. In a word: Spy on Powersellers. The
secret is simple: model a PowerSeller's success, and then be creative without
competing with them. Example: John Thornhill.


One of the best kept eBay secrets...
... If you sell on eBay then register now for this secret shopping venue to get
cash back at eBay, and hundreds of other online retailers, like GoDaddy.com,
eHarmony.com, buy.com, or Petco.com. Having an eBay business means you can
make money when clients you refer shop eBay and the hundreds of other online
retailers.
With this eBay business opportunity, you'll get paid to your PayPal account
monthly. Best of all, you have an opportunity to mingle with other eBayers, and
even advertise your eBay store for free!
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