Within the next 2 months I'll be earning £9,000 per month from eBay.
Since starting, I already make £950.00 per month ... with ZERO experience ... from eBay selling just one product ... and I continue to earn this every month!
Interested?
I've always wanted to try my luck with eBay. Now, I'm not talking about selling unwanted items that I find hidden away in the attic, no, what I wanted was a brand new product that I could list on eBay, it would then produce sales automatically and I would simply pop the product in a jiffy bag and post to the customer.
Because I didn't have the first idea about what would sell well on eBay, I decided to contact a number of eBay PowerSellers.
I wrote to 10 PowerSellers asking if they would be prepared to teach me how to sell successfully on eBay and in return I would not only share my early profits with them, but I would recommend them to others who wanted to learn the secrets.
Anyway, to cut a long story short ... I had ONE respondent!" Yep, out of ten, only one person contacted me.
Her name was Amanda O'Brien, based in Worchester (UK) she has been selling items on eBay for over 4 years.
And she now earns a staggering £2,500 per week selling products on eBay.
So, we agreed that she would help me create an income using eBay and if successful, I would certainly tells others.
So What Product Do I Sell?
Amanda suggested Health & Beauty as the category to concentrate on as this is a huge market.
She showed me exactly how to research the category and narrow it down to the sub-category: Health Care.
Again, with her help and advice I saw that the second largest category within Health Care was: Quitting Smoking.
So I opened this category.
With over 2000 results showing, Amanda was sure that this would be a good category to sell in, and this was confirmed when I looked at the number of purchases made from some of the listings on page 1 of eBay.
Sellers were selling between 10 and 15 items a day from their listings, with the most popular product being e-cigarettes which were selling from £28.99 upwards.
So Amanda suggested I sell a product called Premium e-cigarettes. This is a device that helps you quit smoking ... or is simply better than the real thing for your health.
The next thing Amanda did was give me details of her supplier where I could buy my e-cigarette stock from.
The cost for me to purchase a tester quantity of 25 of these e-cigarettes including shipping to the UK was £415.12, which worked out at £16.60 per unit, but I already knew that this same product was selling on eBay for between £28.99 and £54.99.
The stock took about 10 days to arrive and in the meantime I worked on my eBay listing with Amanda's help and advice.
I didn't even have to take my own photographs of the product because the supplier was happy for pictures from their website to be used to advertise the products!
As my e-cigarette was slightly different to some of the others on eBay, I decided to sell at £24.99 plus £4.99 postage - a total of £29.98, which after I had deducted all my costs (stock, ebay fees, PayPal fees, postage, packaging) gave me a profit per unit of £7.92.
As I had only ordered 25 units as a tester, Amanda showed my how to run the Buy It Now listing over 10 days.
Incredibly I had sold out by Day 6!
My daily sales average was 4 units per day or £31.68 profit per day.
I now roll out this product on a continual basis and I'm making a monthly profit of approx £950.00.
Remember, this profit is only from one product line and Amanda is currently helping me select another 10 different products to list all making around the same profit.
My goal is to achieve a monthly profit of £9,000 and I'm well on my way.
I must say, I couldn't have done any of this without Amanda's help and advice.
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If you are interested in learning from my mentor - Amanda - and
making over £300.00 per week from each product you sell, then
please visit: http://richmonkey.co.uk/Amanda
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Learning how she narrows down a product is fascinating, and with her supply contacts I can literally source any product I want to then list on eBay.
Here's a breakdown of my costs:
Product Name: e-cigarette (premium)
Cost Per Unit inc.Shipping to UK: £16.60
Product sold on eBay at £24.99 + £4.99 Postage (Total Income Per
Sale £29.98)
Costs to be deducted:
eBay Listing Fee (Buy It Now Multiple Item - 25 units on one
listing): 40p (0.01p)
Stock: £16.60 per unit
eBay Final Value Fee: £2.47 per unit sold
PayPal Fee: £1.22
Packaging: 14p
Actual Postage Cost: £1.63
Total Costs: £22.07 per unit
Sell at £24.99 + £4.99 p&p (Total £29.98)
Profit per unit = £7.91
I make 4 - 6 sales a day at profit of £7.91 = £31.64 - £47.46 per day
This is something I've wanted to do for a long time, and now I'm well set up for a monthly profit of £9,000.
With the current climate, selling products on eBay is something that you should seriously consider.
There are a number of places, books or courses in which you can learn how to succeed with an eBay business, BUT if you want to learn from my mentor - Amanda O'Brien - then you'll be pleased to read that I've persuaded Amanda to write an in-depth learning course detailing exactly what she taught me.
This includes:
How To Select The Right Product
Where To Buy The Stock From
What Is The Correct Listing For Different Products
How To Word Your Listings
and ... much more
Source: Robert Evans
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