From Ebay Zero to Power-Selling Hero: How To Learn New Tricks Without Spending

The Internet is the fastest-changing marketplace on earth. Million-dollar ideas from one year ago might not generate a single penny today. And the best search engine optimization strategies from months ago may be completely invalid now.

But this doesn't affect the best Internet entrepreneurs. It only hurts the one-hit wonders. In fact, it is what separates the top sellers from the struggling sellers.

Most of the struggling sellers rely entirely on the information they get from ebooks.

The best entrepreneurs know that you must be able to conduct your own analysis if you want to stay on the top. Books and courses can help you get there, but ultimately, you must learn how to conduct your own research.

Now, you can spend hundreds of hours and dollars researching this for yourself. Or you can purchase a service that does this for you.

Or, if you're looking to start your business on a shoe-string budget like most sellers, you can simply use the top-sellers' examples.

In today's lesson, I am going to show you one way you can do this: reverse engineering.

Start by going to Ebay.com and searching for something you personally sell in your store. For example, if you sell stereos, search for stereo.

Take your list of results and use it to find successful sellers. Look for powersellers, sellers with stores, sellers with large inventories, and sellers with a lot of positive feedback.

Look at these sellers and try to determine the exact methods they use to make sales: Do they use templates? --If so, how are they constructed? Do they use a lot of pictures? Do they use ad copy?

What words did they use in the title? Is there a subtitle? Is it featured? Is it bold? What date and time did they list it? Is it part of a dutch auction?

Does the seller own an Ebay store?--If so, how is that store arranged?

Does the seller get the majority of her auction traffic from Ebay or does she advertise somewhere else?

How many items are in the seller's inventory? What price ranges do her auctions span? How do her prices compare to yours?

Does she purchase her inventory from another Ebay seller?--If so, can you also use that seller to stock your inventory?

There are dozens of questions you can ask and corresponding answers for all of them. You must determine what you need to ask--and then use the reverse engineering method to answer it.

http://www.workathomerightnow.net/ebay.html - Written by Isaiah Hull, author of "How to Profit on Ebay In Seven Days Without Spending A Single Penny." For a limited time only you can get a pre-publication copy of his book for ONE-FOURTH the post-publication price!

In The News:


BBC News

Disputed dinosaur fossil auctioned for $1M in NYC
CBS News
NEW YORK — A dinosaur dispute is brewing between the Mongolian government and an American auction house, which sold a fossil of a fearsome T. Rex relative despite a court order not to. The 8-foot-tall, 24-foot-long skeleton of a Tyannosaurus bataar ...
Dinosaur Auction: Tyrannosaur Skeleton Fetches $1 Million Despite ObjectionsHuffington Post
Tyrannosaurus Bataar Sale After Judge Orders Auction HaltBusinessWeek
Dinosaur Dustup: Auctioneer, Mongolia Battle Over $1M BonesABC News
CNN
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Globe and Mail

Babe Ruth jersey fetches a 'Ruthian' $4.4 million at auction
Chicago Sun-Times
By MIKE FITZPATRICK AP Sports Writer May 21, 2012 9:58AM This undated photo provided by SCP Auctions shows a circa 1920 New York Yankees baseball jersey worn by Babe Ruth that sold for more than $4.4 million at auction, Sunday, May 20, 2012.
Babe Ruth jersey sells for record $4.4 million at auctionCNN (blog)
Babe Ruth jersey sells for record $4.4 millionCBS News

all 404 news articles »

Successful John Dixon Auction Blitz: 11 Commercial Buildings, 10 Events, Three ...
MarketWatch (press release)
"We really felt that it was important to sell most of these buildings at the location itself, and that meant we had to form three teams, with multiple auctions two of the three days. But our folks were up to it, and we had 10 auctions, each of which ...

and more »

Outbid Brings Real Auction Action To The iPhone and iPad
MarketWatch (press release)
OAKLAND, Calif. and NEW YORK, May 21, 2012 /PRNewswire via COMTEX/ -- Outbid ( www.outbid.com ) today announces that its auction service, which combines the theater and transparency of live auctions with social and gaming features, is now available for ...

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Bloomberg

Treasury Auctions Set for This Week
New York Times
The Treasury's schedule of financing this week includes Monday's regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday. At the close of the New York cash market on Friday, the rate on the outstanding ...
Treasuries Fall as Yields Damp Demand Before AuctionsBloomberg

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Mobile & Apps

Diablo 3 Auction Houses Help: 8 Things You Should Know
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We had previously provided tips about how to earn extra gold, level up faster and get items, and now we will discuss the game's auction houses and what you need to remember about them before you make a purchase. Here are the tips that will help you get ...
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Global Economic Intersection

Exclusive: US lets China bypass Wall Street for Treasury orders
Reuters
Those dealers then bid on their behalf at Treasury auctions. China, which holds $1.17 trillion in US Treasuries, still buys some Treasuries through primary dealers, but since June 2011, that route hasn't been necessary. The documents viewed by Reuters ...
US catering to its largest creditorForexLive (blog)
China Feeding on Treasuries Straight From the TroughStreetInsider.com (subscription) (blog)

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Diego Rivera poised to top NY Latam art auctions
Chicago Tribune
NEW YORK (Reuters) - A Diego Rivera portrait of a 10-year old girl, her head cocked and gaze wary, is expected to top this week's Latin American art auctions, where surrealist-tinged works by other artists are also primed to do well.

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Toronto Star

eBay's Newest Auction Item: Used Olympic Torches
Exec Digital
Monday, 30 auctions had been posted on the site advertising used torches, some even before bearers had a chance to put them to use. A number even included the white-and-gold torchbearer uniforms in the auction sale. With the intent to celebrate ...
Olympic torch sold for £153300Yahoo! Eurosport UK (blog)
Olympic Torch Sparks eBay ConfusionGeeks are Sexy Technology News
Olympic torches on eBay a day into relaySky News Australia
Yahoo! Movies UK
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Christian Science Monitor

Tech stocks exchange to change IPO auctions after Facebook glitches
Christian Science Monitor
Tech stocks IPO auctions will be revamped, Nasdaq CEO says, after delays plagued Facebook's first day of trading. SEC investigating to see if delays hurt trading in the tech stock's underwhelming IPO. By Associated Press / May 21, 2012 Robert Greifeld, ...
Nasdaq CEO Blames Software for Delayed Facebook IPO TradingSan Francisco Chronicle
Software caused Facebook glitch: NasdaqNew Zealand Herald
Nasdaq blames software design for Facebook IPO delayTelegraph.co.uk
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