Monday, November 5, 2007

To Become the Next Top eBay Powerseller

Story by Jason James (eBay Power Seller)

I stumbled on this technique while talking to someone who worked for a very successful eBay Power Seller. He mentioned that out of a small office suite with a staff of four they were doing $50,000-$60,000 in sales per month. I was skeptical at first, so decided to check it out using the eBay Search Button. I clicked on Search, then clicked on Search by Seller, then clicked on Completed Auctions. It showed that they sold 35-45 items per day. eBay allows you to view the last 30 days of any seller or item; so I did the math and the items averaged $400 each. That's $60,000 plus in one month! I knew they weren't a large company, so I reviewed their completed auctions to see what items sold at what price. All of this valuable information is available on any eBay seller. You can literally clone any business model that you see is successful.

The next step in cloning a business model you like is to thoroughly read their auction ads. I have located Power Sellers sources directly from descriptions in their eBay ad's Key point!

When you are researching any eBay seller, there will be a button called About Me (click on this button and another page will come up with much more information about this seller). Many sellers put way too much information there! Use that to locate their product sources.

For example, several times when I was looking at a power seller, they would state either in their eBay ad or About Me page what company there were buying their product from, or state that they specialize in discontinued products from this particular company. The key to cloning any of the sellers is to read these statements, contact their sources and set up an account.

I used this technique and found out this seller concentrated on two main computer brands. Once again, they weren't a large company; so I said to myself, I can buy from this source. Now of course, no seller in his right mind will give you that information, so you need to mine eBay for contact gold. I went to http://www.google.com/ search engine and started to type in the company's products to get contact information.

A Super sales secret is that virtually every company has a Liquidation Department.

You need to get to that department and get on their bid list. This sometimes takes several calls and perseverance. Remember, once you are on these bid lists, you can make $3,000-$10
,000 per month. These are not wholesale sources. These are 1/2 the cost of wholesale sources. These are the "top of the line suppliers" that you need to target. You only need 1 or 2 and you will have more products that you know what to do with.

No comments: