EBAY

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EBAY

Make Money on EBay

The headline in the newspaper said: “Thousands Are Making Serious Money on E-Bay.”

This was an advertisement in the Rocky Mountain news on July 10th, 2004. It went on to say “All across America, folks are using the Internet to make extra money. More than 100,000 people use eBay to make from $2,000 to $10,000 every month.”

Sooner or later, I was going to write a review on making money on eBay. Is the above advertisement true? Probably.

eBay has been around since the mid 90's, but has really taken off in the last few years. If you have been living under a rock the past few years and don't know what it is, it's time to get up to speed. I won't take the time to really explain what eBay is (as most people get it), but just understand that it is the biggest auction site on the Internet. There are more than 100 million people eBay users.

This review is not really about eBay but more about the people that claim you can make a lot of money selling products using eBay. Like most business opportunities there are the lies and the half truths. The real truth lies somewhere in-between.

You can make money selling products and services on eBay. For a very small price, you can have thousands of people calling on your auction page, looking at the product or service that you are selling. The problem isn't with that. The challenge is determining what you are going to sell.

There are companies like Market Place Pro that is selling a software program that will integrate with the eBay site which sells for about $2,500.00. They claim that it will make your job much easier to list and sell items. This was the company I read the ad about above trying to get people to come to their FREE seminar.

eBay really works best for the person who already has a product or service and wants to sell it to a larger audience. People can either start auctioning off their products and advertise their own website at the bottom of their auction page. This is really how the people who make a lot of money do it on eBay. They may have ten or twenty auctions going on and are advertising their site at the bottom.

It's a cheap way to get a few thousand people to their main site each day. You can make $300,000 a year from 3,000 daily visitors to your site with the right product.

I personality will not recommend any of the “marketing on eBay” courses unless they are going to recommend specific products that you can sell. I really believe that people that are really making the big money on eBay either have their own products or they aren't going let you in on the ones that they are making money with.

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