You Can Still Make Good Money On eBay
Since eBay banned the sale of digital products in their auctions, many marketers have abandoned eBay as a source of income. Other factors to this abandoning of eBay include some policy and fee changes which were heavily opposed. However, those willing to stick with eBay are finding that it is still quite possible to make money on eBay.
For instance, while it is no longer allowed to sell digital products on eBay, smart sellers found a way around it. To get around this problem, they simply transfer one or more digital products on to a CD and DVD and mail it to customers. Doing so meant that not only could they continue to sell the products that they wanted to, but also that they could sell them for more, on the basis that physical products are perceived to be of greater value than digital ones.
To save time from having to package, label, and ship every CD or DVD you sell, the best thing to do is to use a fulfillment company. These companies will basically package your CD or DVD up with a cover that you provide, and they’ll ship it out to your customers for a flat fee. The extra cost that using a fulfillment company costs can be covered by selling each product for an extra few dollars.
If you want to get creative, you could add bonuses or upsells onto the disc that your customers are getting. Adding unannounced bonuses will create value and make your customer happy. You could try sending them to a website where they could buy additional products from you. Better yet, you could send them to a squeeze page where, upon completing an opt-in form, they would enter your email list.
An alternative approach to making money on eBay is through dropshipping. Instead of keeping stock or selling something that you own, doing dropshipping will allow you to sell products which belong to someone else, kind of like affiliate marketing. Having decided upon which of the many dropshipping companies to use, the rest of the process is easy to follow through. All you need to do is create a listing on eBay for one of the dropshipper’s products and wait for it to sell. Once it does, you’ll need to submit the order to the dropshipper.
Using the dropshipping method of making money on eBay, you can sell virtually anything. You’ll find companies that sell small items like cell phone accessories, all the way up to large items such as pool tables. Since you are paid a cut of each sale, selling larger items would give you a larger profit margin. However, smaller items are more in demand, so you will probably sell more of them.
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