HOW TO GET STARTED MAKING SERIOUS CASH ON EBAY! Part 1

I've been doing business digitaly since 2004, when Ebay and our friend the internet were really beginning to take off. Ebay was a new source of income,and taught me that there were some basic components, that you could string together and make a pretty nice living. I'm going to list my first steps to getting started on ebay,and then in later articles I will get to some more advanced aspects of marketing, blogging, and  making money on the internet.
     A friend approached me and mentioned that they were making money on ebay. I'd dabbled with it in 2001 and bought some Randy Couture instructional video tapes, and remembered that it took the seller forever to mail the bootlegged videos that I'd bought. (more on bootlegs later) And I thought wow, here's system where you can make a little money. I didn't percieve at the time that there could be a lot of money involved, but thought it might be worth a look. Here's what I used to get started, and I'll show you how things have changed since I started.

1. A digital Camera -ebay seems to be limiting use of your phone to upload pictures or are requiring a hight level of pictures. When I started ebay would almost accept anything, man that has changed today.
2.A computer and a printer-the printer was for shipping labels from paypal and the computer was for listings.
3. Shipping supplies-tape, mail bags, adhesive, printing paper
4. Inventory-the most improtant of all ingredients. This could help you sell across multiple platforms. At the time I did Ebay and Amazon,and both were different in some ways, and in future articles I'll discuss that.

     In the good ole days, it was easy, you would list items,and check your metrics to see how many watchers you had, and things would sell in and out, and you would contrast your bottom end with how much money you had invested. The first few months, you will sell things laying around the house and in the garage. So you Overhead is much lower. After you run through all of that you will begin to acquire inventory that moves for you, based on what you had laying around the house. Where you can find stuff,and what's available in your market. I call this a Retail Poacher, because you can thrive off of stores in your local area having sales,and going out of busines. Because of your low overhead, you can acquire this inventory very cheap. But once its gone, its gone.

In the good ole days, you could sell CD's in bulk, as I have one listed to the left here. I did this a lot, looking for rare CD's and getting them at a good price and then turning them over to ebay. I would research very rare artists, find what items people were looking for and then post them, and sell them for a nice profit. 

Magazines were a good market for me as well. I would find very rare magazines and sell them for $19.95, if it didn't work at that price I would drop say 20% based on what the market would tell me. Plus I always loved magazines so going out and looking for them was a lot of fun. 

These are just a couple of items that I used to great affect. So follow the four steps above to get started, and follow over to my next blog which is a part 2 to this series. If you haven't done part 1, get these things ready and go to part 2.