eBay Business the Smart Way: Maximize Your Profits on the Web's #1 Auction Site

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eBay is now firmly established as the leading online auction destination, controlling upwards of 90% of an ever-growing market. More and more sellers are formalizing their efforts into part- or full-time business enterprises, and discovering that, while selling on eBay is easy, staying visible and competitive is a challenge. This guide offers a comprehensive strategy and tips for maximizing exposure, minimizing costs and risks, and acquiring and controlling product inventory.

Author(s): Joseph T. Sinclair
Edition: 1st
Publisher: AMACOM
Year: 2003

Language: English
Pages: 567

Contents......Page 8
Acknowledgments......Page 18
I. Introducing eBay Business......Page 20
1. Introduction......Page 22
Who Should Read This Book?......Page 27
eBay’s Place......Page 28
You’re in Business Now......Page 30
Customer Service......Page 31
Work......Page 32
State of Retail......Page 33
Call to Action......Page 35
II. Getting Started......Page 46
2. Setting Yourself Up Legally......Page 48
Sole Proprietorship......Page 49
Partnership......Page 54
Corporations......Page 58
Virtual Businesses......Page 62
Taxation......Page 64
Resources......Page 65
Conclusion......Page 66
3. Business Details......Page 68
Sales Tax License......Page 69
Business License......Page 71
Regulations......Page 72
Independent Contractors......Page 73
Insurance......Page 78
Bank Account......Page 79
Merchant Credit Card Account......Page 80
Accounting......Page 81
Manual Accounting......Page 82
Branding......Page 83
Resources......Page 88
4. Equipment, Supplies, and Space......Page 90
Hardware......Page 91
Software......Page 93
Internet Access......Page 95
Home Router......Page 96
Long Distance Service......Page 97
Business Machines......Page 98
Office Supplies......Page 100
Office Premises......Page 101
Storage, Packing, and Shipping......Page 102
Tax Deduction......Page 103
Inexpensive Home Office......Page 104
On the Road......Page 106
5. Finding Inventory......Page 110
Basics......Page 111
The List......Page 112
Go for It!......Page 140
6. Borrowing Money......Page 142
Credit Cards......Page 143
Bank......Page 145
Other Lending Sources......Page 152
III. Business As Usual......Page 156
7. Selling on eBay......Page 158
Types of Auctions......Page 159
Listing an Auction......Page 162
Taboo Items......Page 170
Passive Endeavor......Page 179
The Heart of the Matter......Page 180
8. Auction Details......Page 182
Advertising......Page 183
Timing......Page 194
Linking......Page 196
About Me......Page 197
Where the Work Is......Page 198
9. Photographs......Page 200
Taking Photographs......Page 201
Digital Camera......Page 208
Image Editing......Page 210
It's Your Call......Page 214
Image Services......Page 215
10. Pricing......Page 220
Prices......Page 221
eBay Research......Page 222
Online Research......Page 223
Offline Research......Page 226
Trial and Error......Page 227
Selling Strategy......Page 228
11. Special Auctions......Page 232
Special Section Auctions......Page 233
Separate Auctions......Page 235
The Reality......Page 243
12. Fulfillment......Page 246
Drop Shipping......Page 247
Normal Operations......Page 248
The Digital Goal......Page 271
13. Receiving Payment......Page 276
Merchant Credit Card Account......Page 277
If You Can't Get a Merchant Account......Page 280
Money Orders and Cashier's Checks......Page 281
Checks......Page 285
Online Payment Services......Page 287
Don’t Sell on Credit......Page 289
What Should I Do?......Page 291
14. Selling Your Services......Page 294
Advertising......Page 295
What to Sell?......Page 297
Strategy......Page 303
Elance......Page 306
IV. Unpleasantries......Page 312
15. Dealing with Buyer Fraud......Page 314
Fraud......Page 315
Remedies?......Page 322
Some Afterthoughts......Page 324
V. Making It Work......Page 326
16. Software Features......Page 328
Auction Management Software......Page 329
eCommerce Software......Page 333
17. Software Assistance......Page 336
eBay's Programming Aids......Page 338
Andale......Page 341
Merchant-Veeo......Page 351
Auction Management Services and Software......Page 352
Accounting Software......Page 355
18. Customer Service......Page 358
Feedback......Page 359
Guarantees......Page 360
Payment......Page 363
Escrow.com......Page 364
Returns......Page 366
Software......Page 367
Experiment......Page 368
Not Just This or That......Page 370
VI. Operate Smart......Page 372
19. eBay Storefront......Page 374
What Is a Storefront?......Page 375
Informal eBay Storefront......Page 377
What Else?......Page 379
20. Other Storefronts......Page 384
Marketing......Page 385
Website......Page 387
Domain Name......Page 389
Your Domain Name......Page 390
eCommerce Software......Page 393
How Many Domains?......Page 398
Bonding to eBay......Page 400
eBay’s Hidden Market......Page 402
About Me Webpage......Page 410
21. Selling Internationally......Page 412
Selling......Page 413
Buying to Sell......Page 422
Merged Markets......Page 424
New Yankee Traders in Force......Page 425
22. Determining Your Profit......Page 428
How Are You Doing?......Page 429
Expenses......Page 434
Profit......Page 438
23. Developing a Strategy......Page 440
Commodity Products......Page 441
Value-Added Products......Page 456
Not the Same......Page 462
24. Education......Page 464
eBay Live!......Page 466
Business Seminars......Page 467
Business Books......Page 468
Web Books......Page 469
VII. Something for Business Buyers......Page 472
25. Buying on eBay......Page 474
Buying for Your Business......Page 475
Organizing Your Buying......Page 480
We Have Stories......Page 485
Appendix I The Top 10 Tips for Beginning Sellers......Page 488
Appendix II The Top 12 Tips for Seasoned Sellers......Page 490
Appendix III The Top 8 Tips for Business Buyers......Page 492
Appendix IV Custom Database System......Page 494
Database......Page 495
Benefits and Disadvantages......Page 499
Alternatives......Page 500
Summary......Page 501
Appendix V Using Web Authoring Software......Page 502
Multimedia and the Web......Page 503
Composer......Page 504
Chop It Off......Page 513
Summary......Page 514
Appendix VI HTML Tutorial......Page 516
Defining a Web Page......Page 518
Markups Alphabetically......Page 520
Anchors & Hyperlinks......Page 543
Example Web Page......Page 544
Viewing the Web Page Source......Page 545
Summary......Page 546
Appendix VII Using Easy Image Software......Page 548
The Digital Darkroom......Page 549
File Formats......Page 555
Summary......Page 557
A......Page 558
B......Page 559
C......Page 560
F......Page 561
I......Page 562
M......Page 563
P......Page 564
S......Page 565
U......Page 566
Z......Page 567