Showing posts with label eBay advantages. Show all posts
Showing posts with label eBay advantages. Show all posts

Friday, January 7, 2011

Advantages of an eBay business

In the traditional business world you would spend thousands getting your store set up and filling it with inventory so you have something to sell when you open your doors for the first time.  You could potentially work yourself too much because you don't feel comfortable leaving the store and possibly can't find employees who are responsible enough to deal with a situation while you are gone.  Also, you may never brake even.  There are no guarantees that you will sell enough product to make up for your investment into the business.

There are several advantages of an eBay business over a brick and mortar operation.  First you can do business any time and any where by simply bringing your laptop with you.  You can automate your shipping via either drop shipping or a third party shipping company that can also warehouse your products.  You aren't restricted to a schedule of operations since eBay is available all over the world and you literally have potential customers online 24/7.

eBay also has a very low investment to get started.  You can start for less than a dollar if you truly wanted to.  Just look for something in your house to list and start the listing price at $0.99.  The listing fee is $0.30 and depending on what you are selling you will almost certainly make more than your initial investment on the first sale.  Worst casing it, you don't sell your first item and you lose $0.30 and you have to invest another $0.30 to either relist the first item or find another to sell that more people are looking to find.  Even if you went through ten different items before finally selling one you have only invested $3.00 in your business before you brake even (providing you sell your first product for more than $3.00).

Of course there is the very best advantage: once you have found one or more products that sell consistently and you have a good supplier for your productions you can automate most of your business and just manage it as the money comes in.  Instead of buying yourself another job as in the brick and mortar operation you have bought your freedom and can now lead the life you have always wanted!