Thursday, May 24, 2007

Ebay home based business? Can be very lucrative.

The number of people running a home based business on eBay is staggering. Whether they’re full-time or part-time, people are making a ton of money on eBay

Are they all in it as a business? No, of course not. Plenty of people are on eBay selling a few things here and there, or using it to get rid of excess items. Those aren’t entrepreneurs. But there’s plenty of people who take it to the next level, forming home businesses on eBay.

Either way, what you’ll need to do if you want to do more than sell a few items, is figure out how to sell on eBay.

I for one have done this! Have been doing it for 7 years. It can be a very lucrative home business if you treat it like a business.

If you are going to start a home business using Ebay you have a few different ways to do it.

1. If you are going to sell products and you do not want to carry any inventory the best way to do this is to use dropship companies. Dropship companies work like this. You list the item you are going to sell on Ebay. After it sells and you have been paid you go to your dropship company webpage and order the item that you sold. The dropship company will then ship the product to your customer with your business name on the package. This way you really do not have to invest any money of your own to start your home based business using Ebay.

2. If you want to carry inventory then you can buy your products at wholesale prices from many wholesalers on the web and ship the products to your customers yourself. If you go this route be sure to do your homework (i.e. know what is selling well on Ebay).

3. You can also start a digital product home business on Ebay. Digital products can be e-books, software, and all types of computer programs. What is great about this is you can just about automate everything for this home business so that you don’t have to spend to much time. Basically all you would have to do is answer a few email questions.

What I really like about Ebay is it’s incredibly easy to sell on eBay. And with a bit of research, effort and planning you can do more than sell that old blanket for $10 you can have an awesome home based business. By providing an easily accessible, online tool, eBay opened the door for huge business and wealth creation. And even though eBay is a techi type of business, it minimizes the complexity so moms and dads can use it just as well as a cyber geek.

technorati tags: ebay business, home business

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