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People make money on ebay 

Tips on how to make money on ebay. http://tinyurl.com/7nxldx4

 

 
 
Tags:  make moneyon ebay  ebay  drop shiping on ebay 
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Published:  January 09, 2012
 
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Slide 1: ==== ==== How to Make money on ebay http://tinyurl.com/7nxldx4 ==== ==== Now we are going to review the four fundamentals on how to make money on eBay that can create your strong foundation or profit factors of successful eBay business. They are leads, conversion rates, margins and average number of transactions per customer. These are very fundamental concept in direct marketing that you have to understand to minimize your effort and maximize your profit on eBay. Than to sell to a new customer, it is a lot more profitable and cost-effective to sell to an existing customer in making money on eBay. If you want to convince new customers to buy from you, it will take time and money. While existing customers that have satisfied make business with you will be more enthusiastic come back to you again doing business than buy from your competitor who they have never done business with. It is very important to know these basic concepts on how to make money on eBay. Therefore, to maximize your profit on how to make money on eBay you should not only sell your initial product to increasingly new customers, but you should also sell a lot more products to your existing customers. So, here the four fundamentals that we want to review in making money on eBay. 1. Leads Leads are number of different people that stop and look around to your auction listing products. People who buy your product are not leads but Leads are simply number of people who are visit. You can count them as leads even though they visited your page in just a few seconds. So, whether they buy or not as long as they visit your listings they are the leads of your making money on eBay business. 2. Conversion Rates The conversion rates are the number of visitor compared with the number of people who buy your product. By dividing the number of sales that you create by the number of leads that you obtain, your conversion rate is calculated. So it will show you for every how many people who are visit will buy your auction listing products. 3. Margins Margins are the amount of profit on every sale you have made after it has been subtracted with your costs. In making money on eBay the costs you have to include are eBay listing fees, PayPal fees and others overhead you may have spend. These costs should carefully take into consideration to calculate your margins. 4. Average Number of Transactions Average number of transactions is the number of times that each customer buys from you. For
Slide 2: example, if 1 out of every 8 people that purchase a MP3 player from you buys another MP3 player or an accessory, in this case your average number of transactions per customer is 1.125. With these fundamentals on how to make money on eBay will definitely provide outstanding value and superb service to your customers all the time. They are become so important because tiny increase on each of the factor can make the exponential results on the performance of making money on eBay. These 4 factors perform an essential part in creating your online business profits on eBay. You must visit our recommended product to get more information about an amazing online eBay courses and boost your online profits by 200% or more. Article Source: http://EzineArticles.com/?expert=Bayu_M_Aji ==== ==== How to Make money on ebay http://tinyurl.com/7nxldx4 ==== ====

   
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