by Christina Lee on March 19th, 2009
If executed correctly, one three-year plan can result in eBay profiting from an estimated $500 billion opportunity in a new market focus: off-price retailers, liquidators, wholesalers and outlets.
But even after addressing the plan last week, analysts are still wondering if eBay can actually do it.
At a meeting held March 11 with its investors in San Jose, Calif., president and CEO John Donahoe explained how the company hopes to execute many operational changes through 2011. As a result, eBay expects total revenues to reach $10 to $12 billion by 2011, up from last year’s $8.5 billion.
But with that... Read more »
by Rebecca Button on February 25th, 2008
At the beginning of the month I posted about the eBay fee hike…
Since then, smaller sellers in the eBay community have rallied together to boycott the hike as eBay attempts to court the bigger sellers. Sadly, the mini strike apparently had little to no effect and eBay remains firm in going through with the changes on Wednesday.
It looks like smaller sellers or anyone not happy with the fee hike should look closely at the pros and cons of doing business through eBay. There are eBay alternatives that facilitate auctioning such as Amazon.com or you could even consider beginning... Read more »
by Kristine McKinley on September 19th, 2007
There are three types of tax that you will be responsible for when you start your eBay business. They are 1) sales and use tax, 2) payroll tax and 3) income tax.
Sales and use tax
Just about every state, and many cities and other local authorities, imposes a sales tax on items sold. Each state has different rules, so it’s important to find out the rules in your state and city. As an eBay seller, you are responsible for collecting and remitting the proper sales tax to the state you live in. You are also responsible for preparing and... Read more »
by Veronica Stone on September 13th, 2007
So you’re ready to start an eBay business, but you’re not sure of the best ways to get people to take notice while still saving money on marketing? This is an important step, as no one will be able to buy your products if they don’t know your company exists.
1. Become a master at niche marketing and use specialization to get ahead. This is the easiest way for a small business to get started. Find your niche and market to them directly. Know who you’re selling to and you will be able to create a marketing message that appeals... Read more »
by Steve Nye on August 21st, 2007
Make More When You Cut Out the Middle Man!
There’s plenty of drop-shippers for eBay sellers out there; but they charge a subscription fee and/or increase the cost of the products to make money. How do you cut out the middle man to pay the least amount possible for profitable products to sell on eBay?
If you’re willing to do a little leg work, you can dramatically increase the profits you make. You’ll learn which two sources of in-demand products even many Power Sellers don’t think of. Read on and you’ll learn how.
Go Right to the Source
For the... Read more »
by Bob Hamilton on August 7th, 2007
Locating products is a prerequisite for those who want to make money on eBay. It is also where the real fun begins. At times locating products can be like looking for a needle in a haystack. That is especially true when trying to add “hot” products to your offerings. It is possible to locate almost anything, but for the “hottest” products, the price that will be required will mean little or no profit.
Start by examining your main suppliers. Look at a set of criteria similar to this:
Products Must be in Your Core Sales Areas
Product Quality is as... Read more »