Create a business plan for your eBay sales

eBay is very easy to do and many people may simply treat it as a fun hobby listing things they have in their home that they want to get rid of or maybe even purchasing something at a garage sale or thrift store that they know will bring a profit on eBay.  If you really want to get serious about making eBay your business however you need to come up with a strategy for your products and sales.  You should ask yourself the following questions:

1.  Where am I going to get my product?
2.  Can I sell my product in mass quantities or will I be selling rare items?
3.  Who are my customers?
4.  Why would people want to buy my product(s)?
5.  Are my products seasonal?
6.  Are my products easy to ship?
7.  What are my shipping and handling costs?
8.  What competition do I have for my product?
9.  What is my target price for my product?
10.  What is my target profit margin?
11.  How can I systematize my eBay business?
12.  What parts of my eBay business can be automated?

In answering these and other similar questions you will have the basis for a solid business plan.  To be successful you should have your business plan in place as soon as possible so you will be clear on where you are headed with your eBay business and how you are going to get there.  Don't let the business plan stop you from setting up your eBay business but make it a goal to get your plan in place so you can start measuring your success.  Remember, what can be measured can be improved upon!