A lot of people, for whatever reason tend to forget about eBay. eBay is actually what got me started in making an income for myself. I think one of the reasons why people tend to pass ebay off is they think it is a much more labor intensive business. Which, in part they may be right, however if you run your business like a business and not like a job it can be totally automated and you can enjoy passive income much the same you can from Internet Marketing.
What do I like about business? To me, my ebay business is much more predictable. I can look at the market, see what current trends are and predict what people will buy. You don’t have to play these mind games with people, you simply offer a product for sale, if they want it, great, if not they won’t buy. Based on the traffic, you buy what is popular. If the item is a hot item, it’s for sure going to sell. Or on the flip side, if you buy a stock lot of something at below bargain prices, you can sell it for half of the current ebay value and still make a great process.
In this economy, even more people are looking for deals on items. By the nature of the beast, ebay is filled up with buyers who want to buy for cheap. This actually turns off a lot of sellers who prefer to sell for a premium. And you know what, I don’t really blame them, you can still run a very good business catering to these people who want $1000 items for $100.
Those things along is why I will never ever give up my ebay business, it’s way to lucrative, and frankly it’s too easy to make a massive amount of income.
I do have to wonder though, why people don’t pay closer attention to ebay.
Have you ever dealt with ebay? What were some of the challenges that you faced, what were things that you did not “get” to take you to the next level?