Download Absolute Beginner's Guide to Launching an Ebay Business by Michael Miller PDF

By Michael Miller

A real-world enterprise e-book for the explosion of eBay marketers! Absolute Beginner's advisor to Launching an eBay company courses you step by step during the means of developing an eBay enterprise, and gives real-world recommendation on how you can run that company on a daily foundation and maximize monetary good fortune. This ebook covers settling on what sort of company to run, writing an action-oriented marketing strategy, setting up a good accounting procedure, establishing a house place of work, acquiring beginning stock, arranging preliminary investment, developing an eBay presence, and arranging for computerized post-auction administration.

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Other Types of Auctions eBay offers four basic variations on the main online auction theme—reserve price auctions, Dutch auctions, private auctions, and auctions with the Buy It Now option. We’ll look at each in turn. Reserve Price Auctions A reserve price auction is one in which your starting bid price really isn’t the minimum price you’ll accept. Even though bids might exceed the initial bid price, if they don’t hit your reserve price, you don’t have to sell. Many buyers—especially those just getting started—don’t like reserve price auctions, and shy away from them.

Buy It Now eBay’s Buy It Now (BIN) option lets you add a fixed-price option to your auction listings. The way BIN works is that you name a fixed price for your item; if a user bids that price, the auction is automatically closed and that user is named the high bidder. Note, however, that the BIN price is active only until the first bid is placed. ) If the first bidder places a bid lower than the BIN price, the BIN price is removed and the auction proceeds normally. The BIN option is popular among professional eBay sellers with a lot of similar inventory.

When the Select Template Elements page appears, it’s time to fill in the blanks. In particular, you need to enter a title for your page; Don’t confuse the simple About Me page with the more full-featured e-commerce Web site you may want to create for your online business. ” 24 ABSOLUTE BEGINNER’S GUIDE TO LAUNCHING AN EBAY BUSINESS a short welcome message; one or more other paragraphs; and a link to a picture. You can also opt to display your most recent feedback comments; the items you currently have for sale; links for up to three of your favorite Web pages; and up to three items currently listed on eBay.

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