6 Reasons Your Business Should Sell on eBay
NOTE: This is article 1 of 3.
6 Reasons Your Business Should Sell on eBay (Part 2)
Unless you have been in a cave for the last 10 years or so, you have probably bought or sold something on eBay. What started off as a hobbyist site to sell your odds and ends has become big business, invading the popular culture (did anyone else watch Transformers this summer?) and has become a way to work from home for many people.
After I mentioned in my last post I made a large portion of my income from eBay I received several emails and phone calls wanting to know both how they could make money from home with eBay and how to use eBay in their business.
While working from home by selling on eBay is a valid business model and one I will talk about soon, right now I want to focus on the top 6 reasons a traditional business should look into making eBay a part of their business strategy.
Here are the 6 reasons you should have an eBay strategy in your business:
- Cash Flow
- Velocity of Inventory
- Search Domination
- Credibility Transfer
- Expanded Reach
- Virtually Free Sales Leads
Over the next week or so I will take each reason and break it down in it’s own post, showing why it is important and ways you can implement it in your business.
I know many people think eBay and think collectibles or yard sale rejects but, done properly, eBay can have a huge impact on your business.
This will be a 3 part series, so subscribe here to keep track of the ongoing discussion…
Assuming the product and market is right, I’ve thought about the Ebay business before but here is what holds me back:
* Creating/writing the ads
* Order fulfillment, i.e. shipping product
* The eBay system itself, you can get overloaded with available options.
How do you address this, employees, outsourced, don’t worry about it?
Richard-
The system is the solution. Most of those items can be systematized easily. I will talk more about this soon, so hold on.
“Here are the 5 reasons you should have an eBay strategy in your business:”
it should be 6 not 5…
Busted! I will correct it right away. Thanks!
[...] here, you may want to subscribe to my RSS feed. Thanks for visiting!In a previous post, I mentioned six reasons you should have a strategy for using eBay to build your business. Today, I take the first three reasons and expand on them. After my next [...]
[...] If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!NOTE: This is article 2 of 3. 6 Reasons Your Business Should Sell on eBay (part 1) [...]
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This series of articles is very needed. I’ve talked with several businesses that can’t seem to see why eBay would be beneficial to them. Then i show them a few examples and it’s like a light goes on and next thing I know, I’m consulting them on selling on eBay!