Without a doubt, starting an online auction business on EBay is one of the most bona fide ways of earning money on the Internet. Every year, millions of EBay users buy and sell everything from rusted lamp shades to $200,000 Ferraris. It is estimated that $14 out of every $100 spent on the Internet goes through EBay! Its friendly interface and navigational style has allowed many people to make money on EBay exclusivity as a full time job. The premise is simple: EBay selling means offering an item, having people bid, and awarding the item to the highest bidder.
The first step to take in starting an EBay business is finding out what you want to sell. Do you want to sell wholesale products like Polo t-shirts and Coach bags you can get at 40% off the retail price? What about an old baseball card collection with cards worth $30 a piece? Products to sell on EBay may also include consignments like used clothes and furniture. EBay itself profits tremendously off each auction with a fraction of the total selling price going to it.
Wholesaling continues to be one of the best forms of EBay selling. Buying items at wholesale prices and reselling them for higher auction prices...
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