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Sunday, December 25, 2005

Making Money Online with eBay Auctions

Ebay has been the source for big online profits. Anyone can easily start selling on eBay. The key is knowing how to do it so you can make big money. From the first step of deciding what to sell to the final step of accepting that final bid, the steps you take can make a big difference form a small profit or a booming business.

The best way to start with eBay is getting to know about how the auction process works. It is smart to first start by selling something small. Maybe something you find at home that you no longer use or need. This will allow you to get to understand how eBay works. You can set up your account, place the item for auction and watch the bidding process. You should also look around at the other items for sale. Try to figure out what items sell the best and see if you can find something you may want to sell. Through starting out by selling something small you can learn the process without a big investment to be lost.

The next step is to figure out exactly what you are going to try to sell to really earn a nice profit. When you placed your first bid you looked through the site to find popular items. This is a good starting point. Remember, though that there is a lot of competition. Try to find something that will sell good but that sticks out from the crowd and will draw people’s attention.

Next you need to write your sales pitch. You may want to check out seller’s who are making good money and see what kind of pitch they write. You can not copy there ideas, but you can use them as a model for writing your pitches.

Now all that is left is placing the item for auction and waiting for the bidding to begin.

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