Huge Discounts on High Quality 
Home and Home Office Furniture
Houston Furniture store
Click Here for Click On Furniture
Search
Recommended Products
Related Links


 

 

Informative Articles

Ebay - Buying eBooks
On September 1995, one of the most prestigious online shopping sites was founded. eBay is unique because it allows online shoppers, either as individuals or as a group, a wide variety of merchandise that they can buy, sell or trade within...

Ebay Buying Something For Everyone
CLUELESS Being clueless on what items to buy on E-bay is a phase. In fact, it's the very first step to online shopping. With every new day, online shoppers conquer more E-bay buying techniques, and slowly lift off the novice's launch...

Hundreds of Items to Sell on eBay - Right in Your Own Neighborhood!
Can't come up with enough items to sell on eBay? Try this simple technique - it may shock you! A few years ago I saw a young boy walking up and down the sidewalks in our neighborhood passing out flyers. At each home he placed a flyer at...

Offering Your eBay Selling Services Locally
There are MANY people in your area who would benefit from you helping them sell on eBay Profit Potential In this business, profits come from the commissions you earn from the auction listings you place on eBay and other auction sites...

Paying for Items with eBay Coupons
There's a novel idea afoot nowadays: Using electronic discount coupons to pay for items people are interested in purchasing. This only goes to show that most good marketing ideas can be adopted for the internet. Instead of cutting coupons out...

 
Google
An Introduction To eBay Consignment

After I started selling on eBay, I was approached by friends without computers who wanted me to sell their items for them. They had heard stories about the outrageous prices items some ebay auctions brought. They knew I could get more money for them on eBay than they could get selling the items themselves. An added incentive to them was I did all the work. All they had to do is say "I don't want this anymore, sell it for me;" and within a few weeks I converted their castoffs into cash.

I was already selling on eBay, and I had developed a system for listing and dealing with sales that allowed me to list lots of items in a short time. The chance to make a few dollars without any investment was too much to pass up. I made some good money doing this and because I didn't have to tie up my money buying inventory I was able to use it to grow my train business.

Consignment Selling Is The Perfect Way To Start Your Own eBay Business.

There are no set up fees or investments. You won't need to risk your own money buying items to resell. You don't need a detailed knowledge of antiques and collectibles. You only need to know how to find the right category, write an adequate description and take some high quality photos.

Selling on consignment allows you to learn about antiques and collectibles without risking your own money. By selling other people's items you learn the value of items in the most practical way. By handling them and selling them. No matter how many price guides you read, and antique shows you attend, you will never get the feel for items until you sell them.

When you sell on consignment, you provide a service that makes your clients additional money. When most people sell something, they sell to a dealer who needs to mark up the item to make a profit. This is not what happens on eBay.

On eBay the END USER is the buyer and will always pay more than a dealer would. Even after paying a consignment fee, the


seller makes more money.

This is the true benefit of eBay consignment selling. Finding the END USER. Before eBay this was a difficult and daunting process. With eBay, a simple listing placed in the correct category, with a good description and some high quality photos, is enough to get a few END USERS to fight over the item.

Things You Need To Succeed With Consignment Sales:

1. You need to take possession of the items. When you sell items on consignment you risk your eBay name and reputation. You take these risks when you sell your own items, but you are in complete control of your actions. In order to lower your risks you need to get complete control of the items you are going to be selling. This prevents sellers from changing their minds, and allows you to ship the items as soon as you receive payment.

2. You should always have a written contract. One of my friends was sued by a consignor who felt the commission was too high. The consignor agreed to pay 20 percent of the selling price, then when the item sold for $8500, got upset about paying $1700 to someone for doing 30 minutes of work. While my friend won in court, it would never have gotten to court if he had a written contract.

3. You'll also need to perfect ways to get items. At first your friends and co-workers will provide you with a good stream of salable items. After a while this stream will dwindle and you will need to go out and find consignors. This is not as difficult as it may seem. Remember, by consigning with you, the seller gets more money than they would otherwise.

About the Author

Terry Gibbs is the author of two best selling eBay books "The Auction Revolution," and "The Complete Guide To eBay Consignment Sales." Learn more at his website: http://www.news.iwantcollectibles.com