Auction eZine - Issue 20

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AuctionInsights Newsletter
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Issue 20

August 18, 2005 

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Hi,

One of mantras you will hear preached on AuctionInsights
is...

"The secret to auction profits is making money when you
source your products - not when you sell"  

Identifying and exploiting an inexpensive source for
in-demand eBay products is key to your success as a
seller.  Whether the source is garage sales, a wholesale
supplier, or eBay itself, you've got to make a profit
after you've cleaned out your attic.

In today's issue, Tim Goldberg relates how he employed
one of our other mantras ("Test, test, test") to discover
how to use eBay as a source for products which tripled
his eBay profits within a month.

You can use this same technique to assemble, create and
sell:

 - Gift baskets
 - T-shirts with designs you create and apply
 - The possibilities are limited only by your imagination

Give it a try!

Enjoy,
Doug

http://www.auctioninsights.info
http://AuctionLink.to

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Search thousands of wholesale suppliers and dropshippers
with our new wholesale & Drop Ship database.  It's FREE!!

Click: http://www.auctioninsights.info/wholesale

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o FEATURED ARTICLE...

How to Double or Even Triple Your Net Profit
Selling on eBay

By Tim Gilberg

eBay Search tips and secrets

This is an example of how I used the eBay search tab to
triple my sales and profit in 1 month!

I had found a great supplier of computer liquidation
products using my eBay Power seller Cloning techniques
and was excited to be selling over $1000 a day in these
products (laptop parts and accessories). I noticed I had
a lot of repeat buyers, which is a great thing. I would
test the products and I shipped them fast, and emailed
tracking promptly. These are the keys to building great
feedback.


I was searching
eBay for new
products and
ideas one night
when a light
went off in my
head! I decided
to check the
sales history of
the eBay buyers
of my products, I
assumed they
were using them
in their computer
repair shop.



*Important lesson on eBay I have learned over and over!*

Do not assume anything such as if a product will sell,
for what price it will sell, or what the eBay buyer may
do with the product. Keep an open mind and you will not
limit you profit opportunities.

I went to the eBay search tab and I typed in one of the
eBay user's ID that purchased products from me. The user
id is available in any eBay listing. Then I clicked on
the eBay search option and chose by bidder and entered
their eBay user id, when I searched last 2 weeks of eBay
purchases, I noticed the bidder was sourcing a lot of
laptop components from many different eBay sellers. I
thought to myself they are buying a lot more parts than
a standard computer repair facility would use, so I then
decided to check and see what this eBay user was selling.
I found a very profitable business option at this point.

The eBay buyer of my laptop parts was selling complete
laptop systems. It took me 2 seconds to figure out what
they were doing, they were sourcing the individual parts
from eBay sellers such as myself, then combining the
components together and selling a complete laptop on eBay.
So then I checked the eBay seller's completed auctions
and noticed he was selling the completed laptop systems
like hotcakes for $650-900 depending on the specs, I used
the search technique to add up his parts cost it was
around $300, Wow! He was making over $350 per laptop.
Guess what, I shifted gears that night and started
putting the laptops together myself I tripled my profit
and sales volume in 1 month. As you see, search search
search! Use this same principle to research history or
sales activity on any product or service.

eBay gives you access to the sales secrets of any
successful seller

Key point:

Create an eBay account just for selling products

Create an eBay account just for buying products

You can have multiple sales ID's or accounts on eBay.  I
highly recommend this. You can see from my search
examples how you don't want to provide potential
competitors a view into your buying sources on eBay, I
have used this technique to find successful eBay sellers
sources on eBay and on the internet. The sales history is
there -- use it.

Sales history of any product on eBay is available to you
with a few simple clicks from your mouse. Go to the eBay
search tab then choose competed auctions, you can also
use this technique to search sellers completed auctions.

The beauty of eBay is the completed sales information on
any product. When the item sold, how much did it sell
for, how many were sold -- this information is priceless
and in normal business situations this would be a guarded
secret. In the past if you were entering a market you
would buy market research from a business consultant for
thousands of dollars to find only a tiny sliver of what
is available at you fingertips through eBay searches.

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About the Author:

Tim Gilberg is able to provide information and insight
from a unique perspective - that of someone who is
actually doing what others just talk about. eBay Power
Seller Platinum Status was Attained by Tim Gilberg, which
is one of the highest sales levels attained selling on
eBay. Tim is active on eBay and liquidation.com as well
as consulting and working with other Top eBay Power
Seller's to give you real life in use insight, not
theories. Visit Tim Gilberg at his website:
http://www.auctionmoneymakers.com/

Article Source: http://EzineArticles.com/

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Snipe eBay auctions for FREE!

Click: http://www.auctioninsights.auctionstealer.com

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    ----------------------------------------
    Garage Sale Strategies for eBay Success:
    ----------------------------------------
"The eBay Seller's Guide to Finding Profitable
Hidden Bargains at Garage Sales"

http://auction223.first.hop.clickbank.net

Are you interested in using garage sales as
a source of finding items to resell on eBay?

Do you go to garage sales and have no clue
what items you should be buying to resell on eBay?

Take the guesswork out of garage saling!

Grab a copy of Garage Sales Strategies to print
and keep as a handy reference in your car so
you'll always know what products and name brands
you should be looking for!

Find out more at:

http://auction223.first.hop.clickbank.net

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