5 Strategies to Make Money on eBay!
The Internet is exploding with growth right now.
Within the next 3 years, experts predict that Internet Sales will reach an amazing $103 TRILLION dollars! A larger portion than you may think will be generated by online auctions run by success-minded marketers just like you.
The internet is the hottest new way for the average person to get rich leveraging the web in the shortest amount of time possible.
It's amazing what an auction - a form of competition - does to people and their buying process.
An ordinary gadget that would sit on the shelf at a local thrift shop for years at $1.
67 amazingly flies off the auction blocks on eBay for $15.
00 or even higher all day long! We won't get into the psychology behind this, other than to say it's something you can make a lot of money from.
1.
More than 3.
7 Million people have made at least one purchase from eBay in the last year.
2.
Sales during a recent 3 Month Period alone has topped $541 Million dollars on eBay.
3.
There are over 4.
1 Million registered users who have not bought anything yet! 4.
There are Millions of new users signing up every day that can buy something from YOU! On eBay, one of the largest Internet Auction Sites, more than 250,000 new items are listed every single week.
And a whopping 900 NEW BIDS are made EVERY MINUTE! There are a lot of "Get Rich Quick" scams out there, but with a little discipline, eBay is the real thing, a complete legitimate business you can start and run from your own home.
With all this buying and selling that is taking place, it's no wonder people are making a fortune from home.
Really serious players on eBay use strategies that make sure they will win the majority of the items they are bidding on.
They will buy items that they can resell for a huge profit.
Mastering effective bidding strategies will help you maximize your profits in the reseller marketplace.
Strategy 1 : Bidding in odd amounts.
Buyers on eBay tend to bid in even amounts.
If you see an item you want to buy and resell, a great strategy is to buy in odd amounts.
For example, instead of bidding $25.
00 - bid $26.
43.
This will allow you get an edge over other buyers and steal auctions right out from under them, just because you were a few cents over their bid.
Strategy 2 : Last Minute Sniping.
If you observe eBay you will notice that there are many last minute winners.
If you wait until the last moments of an auction, never bidding until then, it will keep the final price lower and increase your chances of winning.
There are many software programs that will allow you to do this without any manual work involved.
Strategy 3 : Use Two Windows.
If you're watching an auction finish, open a second browser window.
When a tornado of bids come in at the end, keep hitting reload or refresh on your browser.
You simply use one browser to watch the bids go up, and you are logged in with your other browser entering in your bid amounts to always be the highest bidder.
This works best on a fast connection.
Strategy 4 : Don't bid high and early.
If you're bidding on a hot item, others are watching it too.
You have devised a master strategy for such products or items.
If there are several people who are determined to get the item that you want, you will only be forcing the price higher if you bid high and early.
Therefore, bidding later will allows save you the most money.
Strategy 5 : Lose Emotions.
Auctions are similar to gambling for buyers and can get very emotional.
As a buyer, you must stay calm.
Keep in mind that if you lose, there will probably be many more of the same item at a later date.
Within the next 3 years, experts predict that Internet Sales will reach an amazing $103 TRILLION dollars! A larger portion than you may think will be generated by online auctions run by success-minded marketers just like you.
The internet is the hottest new way for the average person to get rich leveraging the web in the shortest amount of time possible.
It's amazing what an auction - a form of competition - does to people and their buying process.
An ordinary gadget that would sit on the shelf at a local thrift shop for years at $1.
67 amazingly flies off the auction blocks on eBay for $15.
00 or even higher all day long! We won't get into the psychology behind this, other than to say it's something you can make a lot of money from.
1.
More than 3.
7 Million people have made at least one purchase from eBay in the last year.
2.
Sales during a recent 3 Month Period alone has topped $541 Million dollars on eBay.
3.
There are over 4.
1 Million registered users who have not bought anything yet! 4.
There are Millions of new users signing up every day that can buy something from YOU! On eBay, one of the largest Internet Auction Sites, more than 250,000 new items are listed every single week.
And a whopping 900 NEW BIDS are made EVERY MINUTE! There are a lot of "Get Rich Quick" scams out there, but with a little discipline, eBay is the real thing, a complete legitimate business you can start and run from your own home.
With all this buying and selling that is taking place, it's no wonder people are making a fortune from home.
Really serious players on eBay use strategies that make sure they will win the majority of the items they are bidding on.
They will buy items that they can resell for a huge profit.
Mastering effective bidding strategies will help you maximize your profits in the reseller marketplace.
Strategy 1 : Bidding in odd amounts.
Buyers on eBay tend to bid in even amounts.
If you see an item you want to buy and resell, a great strategy is to buy in odd amounts.
For example, instead of bidding $25.
00 - bid $26.
43.
This will allow you get an edge over other buyers and steal auctions right out from under them, just because you were a few cents over their bid.
Strategy 2 : Last Minute Sniping.
If you observe eBay you will notice that there are many last minute winners.
If you wait until the last moments of an auction, never bidding until then, it will keep the final price lower and increase your chances of winning.
There are many software programs that will allow you to do this without any manual work involved.
Strategy 3 : Use Two Windows.
If you're watching an auction finish, open a second browser window.
When a tornado of bids come in at the end, keep hitting reload or refresh on your browser.
You simply use one browser to watch the bids go up, and you are logged in with your other browser entering in your bid amounts to always be the highest bidder.
This works best on a fast connection.
Strategy 4 : Don't bid high and early.
If you're bidding on a hot item, others are watching it too.
You have devised a master strategy for such products or items.
If there are several people who are determined to get the item that you want, you will only be forcing the price higher if you bid high and early.
Therefore, bidding later will allows save you the most money.
Strategy 5 : Lose Emotions.
Auctions are similar to gambling for buyers and can get very emotional.
As a buyer, you must stay calm.
Keep in mind that if you lose, there will probably be many more of the same item at a later date.
Source...