So, you want to start an eBay business? There are several pros and cons to starting an eBay business and we will review some of them here.First of all, if you don't have anything to sell then you have to buy inventory. This can be quite costly, especially if you do not know what you are doing. You could end up spending alot of money on products that might not sell very well.
A huge part of starting an auction business is doing your research. If you don't already have products to sell then you also have the problem of getting those products.
If you don't have products then you are in luck because there is this thing called dropshipping. How this works is that you do not have to buy a product until after you sell it. For example, you are a member of dropshipping xyz company. You post a listing on eBay for a laptop computer. The winning bidder wins the laptop for $600. They then pay you for winning the auction. After you are paid you then go to your trusted dropshipper and purchase the laptop from them and have it sent directly to your customer. That's it.
There is only one problem with this. You have to find a good and reliable dropshipper. Many of these companies claim to be dropshippers, and they might be, however they are actually a middleman and you are getting ripped off because they have a source where they get the products for an even lower price than they are selling it to you for.
The solution to this problem is to do some research and find a good dropshipper. Here is one that I personally use that has worked for me for years - Ebay dropshipper
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