for more articles
The dangers of
making your business to dependent on eBay
Marius-Henk van Dyk
|eBay presents a
great opportunity for small businesses to become very
successful, but putting all your eggs in one basket has never
been a good idea, even when the basket is eBay.
If you are currently making a living on eBay it may be wise to consider
opening up other avenues of income for several good reasons.
One reason is that eBay has the right to cancel all your listings at any
time at their discretion. This is not unfair in the sense that
eBay has to keep an eye on infringing listings to keep the
marketplace safer for all. Only thing is that if you have no
other source of income and for some reason you are suspended,
your money stops right there.
Another factor to consider is the rise in eBay fees. With many other
platforms now offering cheaper ways of getting your product seen
it is good to get involved with as many as your time allows.
Look towards companies like Yahoo Auctions, Froogle, Overstock
and uBid to broaden your exposure and presence online.
It is also essential to consider paying for some web-hosting to setup your
own website to sell your products from. The advantages to having
your own website are numerous but the main thing is that you
have complete control over what you can publish and sell and
obviously there are no eBay fees involved.
The grand idea should be a multi-domain business that is inter-connected and
sends traffic from your eBay AboutMe page straight to your
various websites. There is a wonderful technique taught by Jim
Cockrum in his eBook "The Silent Sales Machine Hiding on eBay"
to funnel the millions on eBay users to your own website. To
learn more about this technique visit
Use eBay in the right way to make sure you do not lose out on valuable
prospects and leads that could be generated from the hundreds or
even thousands of visitors that visit your eBay listings but do
not bid or buy. This is using eBay the smart way, as part of
your business, not your only business. Consider eBay as simply
one more (very good) channel of income.
About the author:
Marius-Henk van Dyk is a successful eBay Powerseller and editor in
http://www.auction-buying-tips.com, a site dedicated to all
those interested in getting the most out of eBay. Visit
free eBay Buying and Selling eBooks.