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How to Start and Run an EBay Consignment Business

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ISBN-10: 007226277X

ISBN-13: 9780072262773

Edition: 2006

Authors: Skip McGrath

List price: $42.00
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Description:

Make big profits on eBay with no upfront investment! Make thousands of dollars per week--with little or no financial risk--selling other people's stuff on eBay. How to Start and Run an eBay Consignment Business explains how to locate and work with consignors and successfully deal in the goods they want to sell, including collectibles, retail store closeouts, estate items, corporate merchandise, and much more. Find out how to get started selling on consignment, decide what kinds of items will be the most profitable, and set up your business. You'll get sample contracts, forms, and flyers, as well as tips on creating a web site, marketing your business, and automating day-to-day tasks.…    
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Book details

List price: $42.00
Copyright year: 2006
Publisher: McGraw-Hill Education
Publication date: 2/17/2006
Binding: Paperback
Pages: 336
Size: 7.20" wide x 9.10" long x 0.66" tall
Weight: 1.144
Language: English

Acknowledgments
Introduction
Setting Up Your Consignment Business
Why Start a Consignment Business on eBay?
What Are the Benefits of Becoming a Trading Assistant?
Are There Successful Consignment Businesses Operating Now?
How Big Can an eBay Consignment Business Grow?
Get Started
Setting Up Your Business
Naming Your Business
Business Types
Business Licenses
Business Telephone
Letterhead and Business Cards
Computer and Software Resources
Insurance
Reference Material
Record Keeping
Taxes
Legal Issues
Getting Help
How Much Should I Charge?
Consignment Math
Suggested Commission Schedule
Flat Fees
Your Unique Selling Proposition
Find Consignment Customers
Marketing Your Business
Advertising
Cold Calling
Charities
Estate Sales and Garage Sales
Networking
Presenting Yourself
Creating a Presentation Book
Public Relations
The eBay Co-Op Advertising Program
What Sells on eBay?
What Sells on eBay
Should I Specialize?
Business and Industrial Category
Go for Quality
Other Considerations
Marketing Your Business
Sell Retail Store Closeouts
What Types of Retailers Should I Approach?
What Fees Should I Charge Retailers?
Merchandise to Avoid
Raise Money for Nonprofit Organizations
Local Charities
Working with Large Charities and Nonprofits
The eBay Giving Works Program
Conduct Estate Auctions
Unofficial Estate Sales
How Do I Contact These People?
Official Estate Sales
How Do I Contact Estate Attorneys?
Marketing to Attorneys
Other Considerations
Conduct Bankruptcy and Repossession Sales
Bankruptcy Auction Overview
Marketing Your Bankruptcy Auction Business
Police and Sheriffs' Auctions
Distressed Companies and Corporate Downsizing
Corporate Consignment Sales
How to Find Big-Ticket Merchandise to Sell on eBay
Construction Equipment
Agricultural Equipment
Medical Equipment
Corporate Equipment Sales
Other Considerations
Running Your Business for Maximum Profits
Set Up for Mass Production
Increasing Your Selling Price
Launching More Auctions and Launching Them Faster
Charging Higher Fees
Lowering Your Costs
Automate Your Auctions
The Need for Automation
Auction Software
Liberty4 Trading Assistants
MarketBlast
Acution Management Services
Mpire
AuctionWagon
Auction Photography and the Photo Studio
Taking Good Photos
Camera Selection
Take Sharp Photos
Composition
Get Close to Your Subject
Lighting
White Balance
Your Studio
Image Management
Photo Selection
Set Up a Consignment Storefront
What Are the Advantages of a Storefront?
What Are the Disadvantages of a Storefront?
What Kind of Store Should I Open?
Store Layout
How Much Space Will I Need for All of This?
Commercial Lease Checklist
Fees and Costs
Costs of Doing Business
Cost Control
Advertising
eBay Fees
Employment and Employee Costs
Employee Leasing
Independent Contractors
Organization and Record Keeping
Getting Organized
Consignor Records
Financial Record Keeping
Write Your Business Plan
Your Business Plan
Business Plan Basics
Your Financial Plan
Invest in Your Business
What Sort of Investments Should You Make?
Raising Money for Your Business
Types of Capital
Retained Earnings
Debt Capital
Investment Capital
Where to Find Capital
How to Find Venture Capitalists
eBay Consignment Franchises
Franchising Basics
Franchise Checklist
A Franchise Alternative
eBay Stores and Web Sites
eBay Stores
eBay ProStores
ProStores Express
ProStores Business
ProStores Advanced
ProStores Enterprise
Web Sites
Reduce and Control Your eBay Fees
eBay Listing Fees
Reserve Price Auction Fees
Final Value (Selling Fees)
Optional Feature Fees
Controlling Your eBay Fees
Which Optional Fees Are a Good Value?
Become an Auction Master
Standard Auction
Reserve Price Auction
Dutch Auctions
Fixed Price Listings and BIN
Private Auctions
Listing and Pricing Strategies
Reserve Price Auctions
The $1 No Reserve Strategy
List at Cost
Fixed Price Listing
Best Time to Launch Auctions
Other Considerations
Scheduling Your Auctions
International Auctions
Research: The Key to Profits
Ask the Seller
Searching Online
The eBay Search Engine
Searching More Effectively
Locating Auctions That Include a Specific Word
Narrowing Your Search
Narrowing Your Search Even More
Finding Listings with One of Multiple Words
Locating Listings with One Word, But Not Another
Third-Party Online Services
Andale
Terapeak
Offline Research Tools
Building Your Sales on eBay
Create Killer Listings
Writing Dynamic Headlines
Keyword-Rich Headlines
Checklist for Headlines
Selecting the Right Category
List in Two Categories
eBay Specifics
Write Winning Auction Descriptions
Features Describe; Benefits Sell
Power Words and Emotional Appeal
White Space and Boldface
Increasing Sales with a Call to Action
How to Kill Bids
Build Your Credibility to Build Your Business
Keep Your Auctions Clean
Building Trust and Safety
eBay Trust and Safety Tools
Third-Party Trust and Safety Tools
Give Superior Customer Service
Consignor Service
eBay Bidders
Business Policies to Build Your Business
Shipping Policy
Payment Policy
Return Policy
Promote Your Auctions with Special Features
Keyword-Rich Titles
eBay Subtitles
Bold, Highlight, and Border
The eBay Gallery
Featured Plus
Super (Home Page) Featured
Other Features
The Consignment Seller's Web Site
Do-It-Yourself Web Site
Marketing: If You Build It, Will They Come?
What Should I Put on My Web Site?
Bring It All Together
What Are the Keys to Success in the Online Consignment Business?
Can You Give Me a Step-by-Step Plan for Success?
What Are the Real Secrets to Success on eBay?
Appendixes
Sample Agreements, Forms, and Letters
Consignment Agreement
Consignor Inventory Form
Alternate Non-Consignment Contract
Sample Auction Report
Sample Sales Letters to Prospective Consignors
Letter to an Estate and/or Bankruptcy Attorney
Letter to Local Business Owners Outlining Your Services
Letter to a Retail Storeowner
Letter to a Charity
Advertising Posters
Resources and References
eBay and Consignment Selling Online Resources
News and Information
Escrow Services
Authentication and Grading Services
Business Plans
Consulting
Legal and Tax Advice
Online Fraud Resources
Suggested Reading
Consignment Startup Checklist
Glossary
Index