eBay is THE most popular home business in the USA, but it’s not
without its problems. Many have tried to succeed but have failed
due to confusion over what products to sell, giant numbers of
competitors, copy and picture theft from other sellers and eBay
and Paypal that eat into profits.
One way to avoid this swamp, though, is to do a Joint Venture
with established eBay sellers. This allows a JV partner to build
her own mailing list and sell products off eBay.
There are multiple advantages to this way of doing business on
eBay:
1. The biggest uncertainty for would-be eBay sellers is what
products to sell. Sometimes vendors risk large sums of money on
untried products, only to lose their investment, become sour and
give up. With a Joint Venture there is no risk except for a few
hours of time.
2. Since there are no auctions listed on eBay, no one can steal
copy or pictures from JV sellers – because there is nothing to
copy. In effect, we become invisible – no one even knows we
exist and this hidden aspect has many advantages.
3. eBay JVs are usually done with a digital product that can be
instantly downloaded. This is great for any entrepreneur because
inexpensive autoresponders mean that her entire business is
handled via autopilot. Contrast this with the usual way of doing
business on eBay which involves mailing dozens, hundreds or even
thousands of boxes.
4. eBay and Paypal have lots of rules. It’s easy to break some
unwittingly, and even the most honest seller does so from time
to time. A JV merchant isn’t answerable to eBay, however, but
only to her customers.
5. A JV seller never directly lists on eBay, thus avoiding eBay
and Paypal fees.
6. Successful Powersellers have large numbers of customers and
there are lots of administrative details involved. Implementing
a sales system can cost time and money because without attention
to detail packages won’t be mailed in a timely fashion, payments
won’t be accurate, items will be sent to the wrong buyers, and
so on. A JV partner eliminates all of that because all
transactions can be funneled through a hands-off system.
7. eBay selling lives or dies through the ‘feedback’ system.
Negative feedback can kill sales instantly and lack of feedback
causes buyers to hesitite and choose other sellers. Feedback is
totally irrelevant to a Joint Venture seller because she is
using the reputation of carefully chosen other sellers. She
knows in advance that their feedback is high quality or she
doesn’t do deals with them.
8. Inexperienced sellers sometimes drag wiser merchants into
price wars. In a panic over sales, they foolishly slash prices,
beginning a chain reaction that results in bare bones bids that
allow no one to make any money. A Joint Venture seller floats
serenely above such hiccups in the marketplace.
9. Best of all, a JV seller doesn’t settle for a one time sale.
She concentrates her efforts on a mailing list of happy
customers that she can sell to again and again and again. In
this way, not only is she ensuring repeate profits, but she gets
paid for creating this list, rather than having to pay someone
else for names.
With its 147,000,000 registered users, eBay is the best source
of targeted, Net-savvy buyers on the web. By putting together
Joint Venture deals with established sellers, anyone can add
large numbers of qualified buyers to their database efficiently
and inexpensively
Receive the first five chapters of ‘How To Do A Joint
Venture on eBay’and learn an easy way to sell on eBay.
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