Tips to start your eBay business

If you're interested to make money online with eBay, you must
first learn to understand how to calculate your profit margins-
-This is extremely crucial.
Luckily, figuring this out boils down to a very simple formula...
Determine :
1. Item Final Selling Price + Shipping and Handling Fee,
call this $X
2. Item Purchase Cost + eBay Listing Fees + eBay Final
Value Fees + PayPal or Credit Card Fees + Shipping Costs ,
call this $Y
Your Profit will be X minus Y
Now that you know how to figure out the profit margins of a
particular item, it's time to decide on a pricing strategy.
Will you sell high volumes of items with slim profit margins
or fewer high-profit items?

* Sell high volumes of items with a low profit margin :
It is possible to make money online with eBay using this
strategy IF you sell enough items! You'll need to have
reliable suppliers and a method for staying on top of all
the extra work involved in listing lots of auctions and
shipping lots of items.
* Sell fewer items with a high profit margin :
But selling high-priced items on eBay can be more difficult
than selling items of lower value. For one thing, there's
often a smaller market for high-priced items. You need to
work harder to establish your credibility as a seller since
very few people will pay a high price for an item from an
untrustworthy source.

Once you figure out your profit margins and pricing strategies,
you'll be able to source products with confidence and enjoy
fatter profit margins as you make money online with eBay!
If you're interested to start an eBay Auction business,
I can help...
At Internet Marketing Center (IMC, which is my primary
affiliate marketing business), we've just released our
brand-new eBay Training System :

"Insider Secrets to Selling on eBay"!

The good news is : You can get a test-drive of the system,
absolutely risk free for a full 30 days - for only 99 cents!
And the bad news? This offer is valid for the first 100 people
only! To reserve yours, please visit the following site:
Auctiontips-Power Sellers

Tags:
eBay
auction tips
internet marketing
make-money tips