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EBay And Collectibles Just Add A Little Research And Voila! |
By:
Graham Waite` |
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eBay and Collectibles Just Add A Little Research And Voila!
by Graham Waite`
When you were at school you were probably told do your homework and hated it. But doing your eBay research really can be homework that can put you in good stead for the future.This is just one top tip succesful internet and eBay entreprenuer can offer.
Do your homework and research on eBay.Also spend a couple of hours at local auctions every weekend. These are his top tips for making the kind of money that could end up allowing you to give up your day job faster than you might imagine.
Now, according to Calvert, a lot of us make a mistake about eBay. We think of it as a place to market mainstream stuff and in so doing we get swept up in a current of competition that may just eat us alive.
Let us not forget eBay began as an antique and collectibles market. That's the true foundation of eBay not a glorified Walmart.
If your looking to make any real success in the antique and collectibles game you will need to keep a eye out for those unexpected treasures and know your markets and whats in demand both on and off line.
When Dale Calvert went to his local auction house he was able to pick up a 1898 Harpers Review which his research and knowledge told him was worth buying.This knowledge giving him a massive advantage over those less well informed.
He did his homework by checking on eBay and saw that it had sold for $500. With that knowledge neatly tucked into his brain he headed for the auction. He bought the book for $40 and sold it for $480 within the week.
On a separate occasion he purchased presentation screens for $225 at another auction. Which he promptly sold for a healthy $1275 profit!
You don't have to adopt the buy em cheap stack em high philosophy to make a couple of thousand bucks a month. It can be quite low key.But checking the local newspaper for classifieds and auctions. Go on the internet and then refer back to what has been selling well on eBay and at what price.Simple really but so few understand it.
Just apply Dale Calvert's simple formula to success every time it's as easy as 1,2,3 never bid more than 50% of the eBay selling price and you are on a winner 99 times out of a hundred pretty much guaranteed.
It's obvious really at local auction there are maybe at most 100 to 200 people with a fraction of that bidding so your market competition is so much lower.It is just sound business.
Their is direct corelation between the number of bidders and the prices paid.But when you take it on to eBay you have just increased your auction to a market consisting of possibly thousands and this will reflect in the price paid as well.
If you hang about in auction sale rooms and know your market on eBay you soon have a handle on this stuff. Don't be suprised to find that people collect almost anything from beer mats to antiques and once you recognise the valuable from the junk your income will grow rapidly.
When buying anything anything on eBay, make sure you check Graham Waite's' excellent free report eBay Secret Reports full of top ref='http://www.auctionwealthsecrets.com/'>ebay money making tips, as well as ebay buying advicePlus more great eBay information, tips as well as techniques. Get your own completely unique content version of this article.
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Article Source: http://www.statssheet.com/articles/article54060.html |
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