By Pete Egeler
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I wanted to share this story, as an inspiration to others,
and to show the power of eBay and a little creative
thinking.
A few days ago I was talking with a friend of mine that
lives, breathes, and eats fishing.
He told me he'd designed a new fishing lure, and was wanting
to try and sell "a few," maybe on eBay. But, he said.. he
wasn't that sure about how eBay worked, and wondered if I'd
help him.
My friend brought me a couple of lures that afternoon,
explained to me what made the so "unique", and off I went.
That evening I wrote up some copy, took a couple of
pictures, and posted an auction on eBay for the "INSTIGATOR"
buzz bait.
Knowing that he wanted at least $10 per lure, I'd started
the auction off at $9.97, and he was tickled to death the
next morning to see 15 hits on the auction, and one bid at
$9.97.
Of course, he'd offered to pay me a small commission over
costs if the unit sold.
Then, I got a "bright" idea.
When I got home the second evening, I literally "slapped
together" a web page about his lure, and tagged it with a
price of $19.97 each plus shipping.
Then, I went to eBay, logged into my "About Me" page, and
re-wrote it so it pointed to this new web site.
I asked my friend if he'd be willing to make a deal. I'd get
him $15 per lure (instead of $10 each,) if I could have
everything OVER that. He said yes!
So, here we sit one week into the deal. From the web page
sales, we'll do about 20 lures this week, and orders are
still coming in.
Based on initial response, the fact that fishing season is
about to get into high gear, and that the lure is a custom
made by hand lure, we expect sales to reach our cut-off
point of 35-40 lures a week by the end of the month.
For my efforts, I bring in about $150-$200 a week in
commissions.
All of this from a single eBay ad that cost me $1.05 to
post.
So you see, there IS power in eBay, and money to be had for
those that look "outside" the box for opportunities.
You don't have to go dumping tons of money into buying
product that you may, or may not sell. This is exactly what
I teach my readers in my eBook.. "Dumpster Diving for eBay
Profits."
Keep your ears & your eyes open. You just might have a gold
mine sitting right across the street.
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Pete Egeler is the author of "Dumpster Diving for eBay
Profits," and "Auction Sources 2004" wholesale/liquidation
directory. Visit his site http://shmyl.com/oadison or
mailto:pegeler@...