How To Build Your Online Consignment Business

| Total Words: 468

Get the Word Out!

Consignment is a simple concepttaking other peoples products and selling them for a percentage of the sale. According to Skip McGrath, of http://skipmcgrath.com, a successful eBay PowerSeller, [Consignment selling] is the fastest growing phenomenon on eBay. The key to successful online consignment is marketing your services. You really have to promote your business, and McGrath shares some techniques for doing just that. There are four areas youll use: advertising, public relations, networking, and creating a website.

1.Advertising: the market youre in will determine your course of action here. The Retail Marketselling products for ordinary people:

Door hangers
Classified ads in small to medium-sized market newspapers
Flyers
Posters
Radio spots
Attorneysestate executors and bankruptcy processors
The Business to Business Marketselling excess inventory for retailers and manufacturers:
Classified ads in business journals
Direct mail
Attorneysbankruptcy processors
Local charities and not-for-profitsrather than always asking their supporters for money, they can ask them to...

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