Hi again everyone this is Andy from wholesale-help.com.
In this video I want to talk to you about a post that is recently appeared on the forum.
You are more than welcome to come down and visit us on the forum by the way.
The address is wholesale that help.com/form.
The URL is in the description if you want to come down and join in on the discussion.
This post came out recently and I thought it was quite interesting so I thought that
I would share it with you and then make a few comments that I thought were quite interesting.
This post is by Bremain.
I hope I got that right...Bremain.
Now he simply says “how do some make a ton of money on eBay?
I've always wondered how some people make a decent living on eBay.”
I can understand if these people had a store to begin with.
They decided to sell on-line as well to make extra money.
Some people that I've met said they do it all by themselves.
How exactly does one person make so much money on eBay?
Well that is quite a generic question but it got me thinking and as you can see down
here the reply is quite lengthy because it just got me thinking about different ways
that you can make money on eBay.
That is the beauty of it.
It is so diverse.
You can make money in so many different ways.
So I just want to share with you my answer to this post.
I think it is quite interesting.
I hope it will start to get you thinking about what you can do on eBay.
What the possibilities are.
I go to reply to Bremain.
I say it is kind of a tricky question really.
It is like asking the question how does anyone make money doing anything?
Everyone does it differently.
They have found success in different ways.
Sometimes by accident.
Sometimes through careful planning and careful execution.
Some had just started on eBay as a hobby.
Selling things that are interested in as part of their own hobby like comic collecting or
a custom car builder.
So let me give you an example of a scenario like the comic collector.
The comment guy knows a lot about old collectible series of Batman comics for example.
He starts by selling his duplicates and spares on eBay.
He might also mention to the form that he is a member of the fact that he has comics
for sale on eBay.
He posts a link over on the forum.
Then the guy starts picking up comics on eBay and realizes that he sees quite a few comments
here and there that he knows he can sell for more than they are going for.
Maybe he buys a box full from someone garage sale and starts to list them separately and
grade them.
Before he knows he has so many auctions up that he opens a eBay store.
Before long he's got the whole comic form visiting his shop on a regular basis looking
at what he has to offer.
As well as the wider eBay community who are looking for maybe certain types of comics
to complete their series collection.
Now as another example the car modifier.
He is always buying upgraded parts for his cars.
Which means he has the original parts spare.
He decides to get some cash back by selling them on eBay.
He's also a member of the specialist forum for car modifiers.
So he posed in the classifieds section what he asked the offer.
He also keeps an eye on eBay.
He soon notices hard to find parts that he does not really need but he knows that they
are a very good price for what they are and he could sell it to someone in the forum for
a lot more than they are listed because the as so hard to get a hold of.
Just like the comic collector he soon realizes that he's specialist knowledge of his hobby
gives him an edge over the other eBay buyers and sellers.
He knows the added value of certain items.
Together with the added exposure of the forum where he has an audience of buyers looking
for the exactly type of item that he is selling means that he can quit his boring job in the
office to spend his days buying more and more car parts from breakers yards and other eBay
sellers to then re list on his own car parts store on eBay.
He gets a reputation on the forum as a good guide to find parts that are hard to come
by.
People ask him for things.
He goes out with a shopping list two of his contact at the breakers yards and places like
this.
He picks up all of the need with a nice profit for himself.
So these are just a few examples of where your own interests and your own knowledge
can help you find a business that can make a ton of money on eBay or online in general.
Make sure that you think about what your interests are when you are thinking about starting a
business looking for something to sell on eBay or just selling online in general.
What do you know about?
What is your specialist knowledge?
Everyone has something that they are interested in, something that they are passionate about,
something that they may be used to spend a lot of time with.
Everyone has something you probably know more than 85% of the population.
If you have a real passion and the real interest then you're probably already an expert in
that field.
So don't forget that sort of knowledge can be very valuable and very useful.
When creating a business online.
Personally I know about buying and selling online because I love it.
It is my passion.
I've done it for a number of years.
I've learned by doing it.
Researching it and living it and building it.
Not by sitting in the classroom being talked at for seven hours a day.
If you have a passion for something it is much quicker and easier to learn and more
fun to work in that area.
So if you're still deciding what area to start in.
Think about this carefully.
You will spend some time developing your business which certainly helps if you have an interest
in this subject.
Okay that is the forum post that I wanted to share with you.
Hopefully it has given you some ideas about what you can do with your own eBay business
is.
I hope you found it useful.
Also don't forget that you are more than welcome to come down and join us on the forum@wholesalehelp.com.
The address is in the details section as I said.
It is wholesellhelp.com/forum and don't forget the free membership is still free.
The Silver membership is still free at the moment on wholesellhelp.com.
The main URL is also in the details section.
I hope this has been useful.
Don't forget to make some comments and hopefully we can get some more discussion going.
It will be great to see you subscribe.
As always it is very useful.
Hopefully I will see you again on another video