2.1 The trend is on your side.
The Internet is exploding with growth! Within the next 3 years, experts predict Internet sales will reach an amazing $103 trillion dollars! A larger portion of this than you may think will be generated by 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 the local thrift shop for years at $1.89 amazingly flies off the auction block for $15.00 or even higher all day long! We won’t go into the psychology behind this, other than to say it’s something you can use to profit well.
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More than 2.4 million people have made at least one purchase from one of the more than 300 Internet Auctions sites last year. Out of these more than 1.5 Million people have used eBay, and that number is growing every hour.
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Sales during a recent 3-month period (second quarter 2005) alone have topped $541 million dollars from eBay alone.
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There are over four million registered Internet auction users who have not bought anything yet! Millions of new users are coming online every single day! These people may as well buy something from you!
On eBay, one of the largest Internet Auction Sites, more than 250,000 new items are listed every week. And a whopping 600 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 completely legitimate business you can start and run from your home. With all this buying and selling taking place, it's no wonder people are making money. Regardless of what you're selling, with a worldwide potential for over SIX MILLION people viewing your product at any one time, there's a good chance it will sell quickly and for a lot more than you could ever get in a local sale or regional newspaper.
According to the Wall Street Journal, an average couple from Wyoming is raking in a whopping $600,000 a year, just from eBay. |
A commercial fisherman from New Hampshire was browsing an antique shop when he found a copy of Edgar Alan Poe's first book. He quickly snatched it up for $15. Three months later, he auctions it on eBay for an amazing $198,000! |
Ms. Echols, from just outside Milwaukee, sold an 1880 piece of porcelain from England, originally costing $61, just 10 days after a starting bid of only $295! |
Aaron Shannon, of South Boston, happily paid $25 for an old Union Pacific Poster. He quickly auctioned it off on eBay for a huge $700 or 28-times what he paid for it! |
The stories go on and on.
Source: Online Research |
You can start selling on eBay by finding things around your house that you don’t want – a garage sale in cyberspace. Once you’re comfortable with a few of those transactions (and probably happily surprised at how much your auctions closed for) you can start looking to build a business, get inventory, and make real money online.
EBay has many benefits. You do not require any inventory to begin nor do you need to invest a lot. You can start today, literally, and grow the business as much as you want – or pull the plug on it the day after tomorrow and try again in a few weeks or months. There has never been a marketplace like this before, and you can see why the founders of eBay have done incredibly well for themselves.
The main concern about any kind of financial transaction is security – as a buyer, will you get what you wanted, and as a seller, will you get paid?
eBay is an innovator in online transaction management and they have a lot of features that make the marketplace quite reliable and safe.
Next: Key features of eBay
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