Auctions - How To Save Franchise Fees And Set Up Your Own Ebay Drop Off Store

How To Save Franchise Fees And Set Up Your Own Ebay Drop Off Store

There has been a flood of publicity generated regarding the "Small Business Opportunity" being offered to would be internet entrepreneurs.

The plan is for you to purchase a franchise operation to sell products on consignment via eBay. Selling on consignment means you take a customer's product into your business, and pay the client the balance of the sales proceeds when and if the item sells.

The parent company guides you through the process of setting up a brick and mortar type of store located in a strip mall or similar location, and shows you how to attract customers using traditional advertising methods by which you sell their items on eBay. Your income is generated after all the fees are subtracted from the franchiser and eBay, along with the related standard business expenses listed below.

All of these items are considered overhead or business operating expenses:

1. Rent/Lease
2. Agreeability of Items
3. Bonded Insurance
4. Utilities
5. Employees
6. Fiduciary Insurance
7. Fiduciary Responsibility
8. Advertising

To start an eBay Consignment Business using this method, you will first be charged a Setup Fee ranging from $5,000 to $15,000 depending on the franchise you choose. There is also a range of fees to be paid to the Franchiser on every sale. You need to do the math for this type of operation after paying the franchise and setup fees to see if it is viable.

Setting Up An eBay Consignment Auction The Right Way

Eliminate the rental or lease and work out of your home. You can easily rent a storage facility for $50-$100/month to store your products, and you can meet your clients there. Remember, they do not expect or need an elaborate storefront; they want their items sold quickly with the least amount of effort.

You can obtain inexpensive insurance to cover the items in your storage facility. Advertise your eBay Consignment Service in local newspaper classified ads for under $20/week, and receive more products than you can handle.

Sign up for the eBay Trading Assistant Program (See my article titled How To Have eBay Send You Less Than Wholesale Product Sources). You will be provided with leads directly from eBay to you.

Obtain an Agreement of Items, which both you and the customer sign. These are available for under $29 at Legal Resource Online.

See the list below for Items to target in local classified ads. Indicate in your ad that you will sell items for "No Fee Charged - Pay Small Percentage of Sale"

* Computer Hardware/Software
* Toys and Video Games
* Consumer Electronics
* Antiques & Collectibles
* Jewelry/Luxury Goods
* Clothing & Accessories
* Sporting Goods
* eBay Auto Parts & Accessories

Services You Offer To Your Customer:

1. Inspect their product to make sure it is acceptable for sale.

2. Take photos of their product; then write the copy and design a professional ad and place it on eBay.

3. When the product is sold, process the payment securely, taking outyour percentage, in addition to the shipping and handling charges.

4. If the product does not sell after placing the first ad,it is relisted at no charge.

If the product doesn't sell the second time, it can either be picked up by the customer, or donated to charity.

5. Packaging and shipping the product to the eBay buyer.

6. Mailing checks to the customer.

Setting up an eBay Consignment Business the correct way can allow you to start generating income in a short amount of time with limited expense!

Check out my new Ebay Training on DVD's simple easy to follow steps on how to make money on ebay

Car Insurance | Car Rentals | Health Insurance | Weight Loss | Life Insurance

| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |

Authentic Or Fake?
1. Admit It: Old business models are no longer working. The Internet is bringing us closer as geographical boundaries, language barriers and cultural differences melt right before our eyes. Is is authentic? Is it fake?? What is Real? HMMM...Is the real question defining reality... ?2. Get the Facts: According to USA Today "Ebay has become a mirror of our times. More than 125 million people use it; $1,060 worth of products flow through it every second. Among the top 10 search terms on eBay in 2003 were four designer brands: Louis Vuitton, Gucci, Coach and Prada. Which designer brand will win 2005? A simple search on eBay will give you the real time i...(related: Auctions)

Professional Ebay Auctions Reap The Profits For Sellers
eBay offer an unbelievable amount of traffic for ANYONE wanting to sell on their auction site, so much so that millions of items are listed on it everyday. So with all this competition how do you make sure that your listing doesn't get lost amongst the rest and that customers keep coming back to you.The answer is simple.... Professional Listings!This covers all aspects of the transaction from the listing itself, how the customer is interacted with to how the item is p...(related: Auctions)

Ebay: What Should I Sell?
There is an art to picking profitable products. It's not just what you want to sell but rather what will sell. Unless you pick a product in demand in the marketplace, you will fail. A fundamental principle of the capitalist system is "supply and demand". It represents a delicate balancing act between "what people want" and how much of "it" is available.E...(related: Auctions)

Taking Paypal On Ebay
Accepting Paypal as a payment method might increase your selling prices and your profits. This depends on what you are selling. I sell collectibles to collectors. My clients are like junkies. They will buy regardless of the payment options, so not offering Paypal won't make much difference in the final selling prices.If you sell items with high competition, accepting Paypal will make your auctions more attractive. This also holds true for i...(related: Auctions)

Why 95% Of All Ebay Sellers Fail
eBay is now the 8th most visited site on the internet and it has just one purpose - sales. With 40 million visitors per month most eBay sellers are missing a golden opportunity. They are missing the opportunity to cultivate long term c...(related: Auctions)

Is Your Trash Cash? 5 Easy Places To Sell Your Stuff
The old adage that says "one person's trash is another person's treasure" never goes out of date. So when you're looking for some extra spending cash and you want to make some space in your home, combine the two endeavors by selling your stuff instead of donating it or trashing it. Use the extra cash to pay a bill or start a holiday gift fund. Even better, use the windfall to treat yourself to a weekend getaway! Plenty of people and places exist to buy what you could be selling instead of giving away or trashing. Here are some places ...(related: Auctions)

Mr. Rich Vs. Mr. Job: How To Start A Dropship Business On Ebay
Mr. Asset vs. Mr. Job....Discover the Secret Formula of the Rich!Mr. Job (a.k.a Just Over Broke) Mr. Asset (a.k.a. Financially free)Would you like to work less and less to earn more and more?Sounds crazy, but not if you know the secret of the rich!ASSETS! ASSETS! ASSETS!There is only one way to become financially free...CREATE ASSETS CREATE ASSETS CREATE ASSETSCREATE ASSETSIt's easier to create ASSETS on ebay then it is to work 40-50 hours a week in a dead-end job! Then why do 97% of the population work hard at a job to create money and only 3% create assets?...The answer...white hot desire!3% of the population have a burning, white-hot desire to become rich and the other 97% hope to become rich.If your desire to become rich is an...(related: Auctions)

Drop Shipping Is Your Perfect Home Based Business Solution
Drop Shipping Is Your Perfect Home Based Business SolutionDrop shipping is one of the greatest businesses to operate from home. With drop shipping you sell another company's products, use their warehouse and shipping facilities, and they provide you with the sales tools you need like product descriptions and images and more - free of charge!Drop shipping is great for small businesses because you can start with literally nothing & gradually increase to higher levels of success. Drop shipping allows you to leverage other, much larger company's resources!Any business owner who needs the an inexpensive & efficient means to market items online should look into drop shipping. Drop shipping allows you to sell almost any type of product you want with no warehouse & no inventory.No inventory = low risk! You on...(related: Auctions)

Five Tested Ways To Find The Perfect Drop Shipper
You've heard about it many times in recent months. Being the business-minded person that you are, you most probably got curious and did a few research of your own. But resources seem to be few, and what meager data you've found made you wonder even more?Is drop shipping a fact or a myth?I can't blame you. There are quite a lot of reasons why information about drop shipping haven't fully invaded ...(related: Auctions)

Easy Money On Ebay?
Ebay was only two years old when I discovered it.A friend I worked with was also starting to sell on Ebay at about the same time, and we exchanged ideas and experiences constantly. Since we were already working together on our Ebay ventures, we decided to combine our resources into one company and grow it while we were still both working our regular job. We found our niche selling technical books and manuals as our little company began to grow and prosper. Our co-workers at the company we worked at during the day came to consider us the "Ebay Experts". We were answering qu...(related: Auctions)

An Emerging Market In Ebay Consignments: The Ebay Trading Post (part Ii In A Series)
In 2002, the eBay consignments business was born, referred to by eBay as the Trading Assistant Program.It's p...(related: Auctions)