The eBay Billionaires' Club: Exclusive Secrets for Building by Amy Joyner

By Amy Joyner

IN 'The eBay Billionaires' membership, you are going to learn thestories of twelve expert eBay retailers whorecognized an exceptional enterprise chance at the Internetand pursued it-some at nice own monetary risk.In each case, the gamble has paid off.There are a few strong classes to be learnedfrom those marketers, whose reviews actually runthe gamut. in any case, what all of them have in universal is they begun small-and a few have purposely made up our minds to stick that method. you are going to speedy detect that eBay luck relatively iswithin your achieve, simply because everybody during this bookbegan on the very bottom.What's extra, a couple of them have achievedincredible development in a comparatively brief time period, which may still inspire you to prevent pondering aboutyour suggestion and start at the street to turning into amember of this elite membership yourself.Get your highlighters out and connect your seat belts for a trip that would placed you at the street to construction your individual million-dollar-or maybe even billion-dollar-eBay business!""

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People bring their unwanted merchandise to the assistants, with the understanding that if the item sells, the trading assistant will take a percentage of the profit. After graduating from college, Hersh decided to make eBay his full-time career. Hersh has been an active member of the Professional eBay Sellers Alliance (PeSA) for almost a decade and is one of eBay’s best-known personalities. He has conducted millions of auctions on the site. qxd 3/9/07 2:15 PM Page 35 ADAM HERSH, Adam Hersh Auctions 35 under his user ID, adamhersh.

Roberts: We try to keep our listing fees as low as possible. Basically our goal is to keep the listing fees under 10 percent of revenues. Joyner: When dealing with consigners who don’t take your advice about setting low opening bids for their auctions, are they responsible for paying the additional listing or insertion fees? Roberts: No, but usually we’ll take a larger commission in such cases. Our commissions are generally negotiated. Joyner: Why do you have negotiated commissions rather than a flat percentage, which is how a lot of people selling on commission operate?

Qxd 38 3/9/07 THE 2:15 PM Page 38 ebay BILLIONAIRES’ CLUB individuals as you once were? Or are you looking for consigners who can provide you with a steady stream of merchandise? Hersh: Smaller consignment accounts aren’t really worth it for us, especially if they’re one-time items. But if it’s a business with smallpriced items, there are definitely ways of doing it. I’m working with two really large companies that each have smallpriced items, but we’re relying on the volume to produce the income.

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