Why Sell Information Products on eBay?
Filed under: Internet Marketing, Resale Rights on eBay, Selling on eBay, Your Internet Income Advisor
eBay Seller ID Complete-Home-Business-Guide
The Internet has been called the information super highway since it has started. I remember the early 90’s, while I was working on a degree in mathematics and my college’s library got 6 computers that had access to the Internet. Web pages were very basic and graphics were very limited, but it was great place to get information and because of the Internet, regular people like us can make money by selling or promoting products. Since the Internet is a wealth of information, I started my home based Internet business by selling information products on eBay. What is an information product you ask? Well it is an electronic book or eBook. It is just like a book that you would get at any local or national chain book store, but you download it onto your computer and you do not have to worry about getting any paper cuts. If you like tangible items, you can always print the eBooks out from your printer, but with today’s movement of “being green”, it is best to just leave the eBooks on your hard drive or flash drive. There are three main reasons to start selling on information on eBay. First, eBay has a ton of targeted traffic. This means there are millions of visitors to eBay that want to spend money. Nowhere else in the world will you be able to get that kind of exposure! Secondly, selling on eBay is safe and the financial risk is minimal. Basicly, you do not need to risk alot of your hard earned money to start an eBay business. Third, the experience selling on eBay shoud lead to selling and promoting products on the Internet. Selling eBooks or information products on the Internet is virtually an auto pilpot business where you can literally make money while you sleep and not have to do anything. In fact, eBay can be an auto pilot business with the eBay software Auction Acrobat. If you decide to use Auction Acrobat to automate your eBay business, you will gain email leads that can be logged into aweber or getresponse. I personally use aweber and I have no problems with the software at all. Many of the emails I recieve from other marketers use one of these auto responder services. Once into your auto responder, you can email market these customers and turn them into customers off of eBay.
Selling on eBay to Make Money
Filed under: Resale Rights on eBay, Research, eBay Research, eBay Strategy
I got my start in my home based business by selling on eBay and I started this Internet marketing venture at the prompting of my brother-in-law, JL Scott. He knew my family was just getting by on what my wife and I were making as high school teachers and asked me if I would be interested in earning some extra money by selling on eBay. My interest was peaked and my work from home business was born. The really cool thing about selling on eBay is that anyone can do it.
I am about to make a bold statement: there is only one way to make money on eBay. Just a quick scan at the eBay home page will show you at least ten different items for sale on eBay, but the keyword in the first part of this sentence is ‘sale’. To work from home and make money on eBay you must sell something. Many people are under the impression if you start an online auction on eBay the item will sell. That is not necessarily true. The item might sell, but without the proper eBay market research, it might not sell for the highest price possible. If you trying to establish an eBay business, then you will want every online auction that closes to close for the highest price possible.
To increase the closing rates and profits on an eBay auctions there are several areas that one should consider researching:
- Type of auction
Starting day
Listing duration
Ending day
Keywords
Staring price of regular auction, price of BIN (Buy It Now) auction
Listing enhancements.
I primarily have sold information products (eBooks) on eBay. Depending on how you want to run your eBay business, selling eBooks on eBay can run on virtual autopilot. There is software created and sold by Paul Ponna, called Auction Acrobat which integrates eBay, PayPal and Kunaki to automate the entire shipping process. Using an order fulfillment company like Kunaki will decrease profits because of a slightly higher shipping cost, but it frees up time to concentrate on converting eBay customers into customers outside of eBay.
Selling eBooks alone on eBay is not the only way to start an eBay business. I have seen eBay sellers, like myself, sell only eBooks and I have seen eBay sellers dominating a niche and selling one information product. For the second group, of eBay sellers, by selling eBooks, they increase their bottom line in two ways.
First, they increase the amount of money they make. Even if these sellers use a fulfillment company for these orders, they are selling the eBooks for no less than $9.97 and if they are selling 100-200 per month, that is between $997 and $1,994 in sales. So, even if the profit on each item sold was say $5, that would mean an extra $500 – $1,000 of income and it is on virtual autopilot.
Secondly, the additional eBook sales count toward PowerSeller status. There are several benefits to obtaining PowerSeller status on eBay, one of which is PowerSellers receive discounts on final value fees and listing upgrade fees.
Since these sellers have established themselves in a niche, they have credibility as an eBay seller and will be successful selling almost any eBook about how to sell on eBay.
A New Page and a New Theme
Filed under: Being Dad, Internet Marketing, Resale Rights on eBay, Website Updates
As I grow my online business and blog, I continually think about my target audience. Who am I really trying to sell to? At this point, I have two groups in mind. First is the eBay group. I became an eBay PowerSeller in a matter of 4 months. One of the information products that help me achieve this status was the 90 Day PowerSeller Challenge.
Now see what I did there? I just exposed my reader to a link, a link to a product that I am selling. You have to keep thing like that in mind when you are marketing the internet. When people reach your page, what and how are you going to try and sell them? I exposed my reader to a link to a product that I sell. It is full of useful information and it is a product that I personally used and put into action and I personally recommend the 90 Day PowerSeller Challenge.
Anyway, back to my original point. Who am I trying to attract to my blog and web page? This is the Internet and this is a public page, so anyone can view it and I encourage that activity. Anyone that wants to discuss what I post about can participate in a Stay at Home Dad’s Blog. I want to be a work at home dad and have just started to learn about Internet marketing. If you are a stay at home dad and want to share your experiences check out any of the posts tagged as Being Dad. If you are interested in what I am doing or have done in my quest to build a home based business checking out posts in Driving Traffic, Email Marketing, or Opt in List Building.
So the second group in mind is dads that currently work from home or that want to work from home. I strive to move from one of those groups to the other group. I want to be the good stay at home dad. I want to use my blog as a way to communicate what is going, but I do not want to turn off potential customers by sharing too much personal stuff. So, I decided to keep any family business under the Being Dad page. I just added a new page under Being Dad called An Evening with the Girls one of my recent experiences playing with the kids.
Finally, I think I have finally decided on blog style. If you stop by, feel free to comment.
Make Money with Resale Rights
Filed under: Internet Marketing, Optin List Building, Resale Rights on eBay
At some point I will make a post about the types of resale rights there are in the Internet marketing business. I just came across a collection of private label rights (plr) products and I plan on selling them on eBay. That is the really cool thing about plr products; you can resell them as yours! You can put your affiliate links in the book and edit them as you please. You can use them as web content or the content can even be broken down into articles to be submitted to article directories.
When you receive private label rights products, it is rare to get full plr’s. If you do, then you can sell the private label rights with the product. If you do not receive master private label rights to a product, then you can only sell master resell rights to your buyer.
Either way, you are making money if you are selling this book. Now, how do you sell these resale rights products? Well, as I see it, there are two ways to make money selling eBooks. Sell them on eBay or sell them through a website. Both ways will require some skill and to be done right, some, but not much skill in html code. All you have to do is find where things go. Html is a very organized language and easy to navigate.
If you decide to sell you resale rights products on eBay you will need to ship an actual product. Back in March of 2008, eBay changed their regarding policy on information products. eBay required sellers to ship an “actual product”. Many, if not all, true information products can be delivered digitally. That is one of the greatest advantages of selling information on the internet; the business can be set on auto pilot. You spend some time getting your sale pages, auto responder and thank you and download pages ready to go. Do some promotion and go on a vacation or go back to work at you day job and have enough money to pay off you bills with extra put aside for your vacation.
Anyway back to eBay, most eBay sellers moving information products are shipping the product on an interactive CD-ROM. I have heard of cases where the products were being shipped on inexpensive flash drives. It was a bonus the resale right product that was purchased. However you decide to ship is up to you. Personally, I used CD-ROM’s to ship my information products on eBay. I am currently looking into a fulfillment company to ship my CD-ROM’s. It will cut a little bit into the profit, but I will be using eBay to build a marketing list. Through that list, I will be able to market them directly. By market them directly, I mean I will try to up sell them a product or recommend a free give away to a membership site.
Anyway, the point is eBay is a great place to build a customer base. Though eBay can change the rules, it is one of the most visited sites on the internet. Millions of consumers monthly make the possibilities endless. You can build a very large customer base on eBay and turn it into a lucrative ecommerce business and if you are in the business of information products, it can run itself.
Shipping Information Products on eBay
I have got a new look to my blog. All of the big time internet marketers have a blog and discuss internet marketing strategies. As you may know, I got my start on eBay selling resale rights. I achieved Power Seller Status in 4 months. I read and applied many of the concepts of John Thornhill. He does not keep his eBay identity secret: planetsms. I learned and applied everything I know under the eBay id complete-home-business-guide.
I started selling in July of 2008 and I was awarded PowerSeller status in October of 2008. During that time I spent documenting what and how I handled every aspect of my eBay business. Many times the why of what I was doing was taught to me by my mentor JL
Scott.I took videos and wrote an eBook that will be released late January into early February. The eBook details – step by step – how to become a PowerSeller selling eBooks on eBay. Once my book is released I will be starting to sell resale rights products under a different eBay ID. I have not decided on that name, but when I come up with one, I will be sure to blog about it. When selling information products that CAN digitally delivered but are sold at regular auction or a fixed price auction on eBay, a physical product (ie a CD ROM) must be shipped. Now, from what I read, this really crippled many eBay sellers. I came into the resale rights game just after eBay forced sellers to deliver a CD ROM. So, I have never known the ease of a totally automated information product business. After a while, I began to see a pattern develop and started to make multiple copies of my best sellers. This saved a tremendous amount of time when I had to ship.
Products That I Recommend
Rob Benwell's Blogging to the Bank
Rob Benwell is only a mere 22 years old and has already made a fortune using this method. Early last year he sharing his secrets with the world in his highly successful Blogging To The Bank ebook and has made making money online a whole read more.
The 90 Day PowerSeller Challenge v3.0
John Thornhill is one of the top information sellers on the Internet. He consistent makes $100's per day from just selling eBook on eBay (R). In his book he reveals his eBay seller ID. This is virtually unheard of in the world of eBay, click here to read more.
Buying and Selling on eBay and the WWW
This is eBay (R) PowerSeller Richard Fenn's Complete Newbie's Guide To Selling on eBay and the World Wide Web. In it you will learn how to create and operate 2 sources of income! To find out more, click here.
