Amazon and Ebay

Amazon and Ebay

 

Online selling continues to increase with the likes of Amazon and Ebay.  We could even say that online selling is hurting retail in the pocket.There are many options such as selling used items , or starting a business. There is alot to learn when doing this. It may seem a frightening thought, but Rome wasn’t built in a day. There is alot to think about, such as products, prices and shipping. You need to be making a profit or it just isn’t worth it. But, there are thousands of wholesalers around the world to source products from.
So, what would you sell ? If you have things at home that haven’t been used for a long time, this might be a place to start. E commerce is a huge marketplace. There are millions of products available. What are your interests ? What are you passionate about. It needs to be something you are interested in. There is no use playing tennis if you find it boring.
You need to find products that you can make a profit from. There is no use in buying products for $20 and selling them for $20. You have to consider shipping costs as well. Maybe you could look to make $10 -20 to start with. As your experience grows you can scale things up.If you are making $10-20 and having alot of sales, things will soon add up. Ecommerce
What are people going to buy ? Put yourself in their shoes. Adopt a niche. This may lead to people returning to make more purchases. It will also make it easier when finding products.
Think about shipping costs. If you sell an item via Amazon and it is for more than $35, this can lead to free shipping.
Looking for feedback is a good idea. In what ways could you improve your selling ? Thank your customers as well, just like we do in everyday life. Thanks is one of the most enjoyable things to hear.
It’s wise to sell items that are from Amazon as well. Fulfillment by Amazon means you can send products in bulk and they will take care of the rest. Send a package within 2 days of the purchase.

So, there are a few ideas to get started. Yes, there are many things to look at and consider with the likes of Amazon and Ebay. Sir Edmond Hillary didn’t climb Everest in a day, but it was surely worth getting there.

 

Amazon and Ebay

2 Comments

  1. Stu on December 17, 2015 at 4:52 pm

    This was a really helpful post! It makes me look at what’s around me more in terms of dollars.

    • Bryce on December 18, 2015 at 12:12 am

      Glad it was helpful.
      Merry Christmas !!

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