It's virtually impossible now to find an eBook on the internet and resell it on eBay for the prices stated above. Sure, you can sell them for $1, maybe $2 but with eBay's ever increasing rising of sellers' fees, there's little profit to be made doing that.
Competition on eBay is fierce and it shows no sign of letting up. Selling higher priced eBooks is no longer an option (unless you write them yourself) and eBay should now be used as a 'stepping stone' for other online business ventures.
What do I mean by stepping stone?
While the eBay market place may be more competitive than ever, there are also more buyers than ever before. The only problem is, these buyers are looking for cheap and free eBooks and that's what you need to provide. Once they've bought these niche eBooks for $1 or $2, you hit them with the following steps so that you can squeeze more money from them initially and also turn them into a customer for life who constanly pumps cash into your bank account.
What you need to do is...
"Use eBay to generate paying customers to your other online businesses"
The above statement is probably the most important you'll read in regards to eBay selling. The money is no longer on eBay when it comes to eBooks but instead you should:
Build a list - No matter what internet marketer you ask, I guarantee you that they would say "the money's in the list". It is often said that every subscriber on your list is worth approximately $1 per month; however in some niches could be worth hundreds of dollars per year if you build your list in the right way and treat them right.
If you have a list you can also generate affiliate revenue by broadcasting an email to your list promoting a similar product. You can also generate adsense revenue by posting an article on your website and sending all of your subscribers to the article. You can also promote higher priced resale rights products and even better, you could write your own eBooks and be guaranteed sales because you can always market to your list.
Do all of the above and you could turn a $1 eBay eBook sale into a $200 per year or more paying customer.
The money really is in the list and eBay is the best place to start building it.
Building A List In
As list building has grown, companies are beginning to join in together so that they can share their lists. With every contact that you gain, you will have additional email addresses at your disposal. The more contacts that you have, the more business you will be able to perform.
So what are some steps that will make list building an easy proposition for your business?
Start Simple
An easy way to break into list building is by getting the contact information of your friends and family. From that point you can begin to grow your list by adding the friends and family of your personal contacts. This is a quick and simple way to start building your list without using any funds.
Create A Lead Capture Page
The next step is to develop an effective lead capture page that generates leads. A lead capture page is a simple, one page website that gives a snapshot of you and your company. Your site must have an area for the potential client to enter their contact information. After the prospect enters their info, you can add them to your list.
Keep It Simple
Make certain that it is simple for your prospect to enter in their info. If the process for a prospect to enter in their info is too difficult, they may grow tired of it and not complete it. You'll do yourself a huge favor by expediting the process. Important info for you to capture on your site is their name, email address, home or cell phone, and fax if applicable. Short, sweet, and to the point.
Allow People A Way Out
While your main goal is to increase the size of your list, it is also courteous to provide people with a way out. If someone truly does not want to be a part of your list anymore, allow them to opt out. This ensures that your list is only comprised of a group of people who want to now what is happening with your business.
These are some simple and inexpensive ways to build your list fast. When you begin networking online, you will be astounded at how quickly your list will come together.
Both James Penn & Brian Mccoy are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
James Penn has sinced written about articles on various topics from Abdominal, Destinations and Holidays. James Penn is an experienced eBay seller and has helped many successful eBay sellers since launching his website which details the many methods available to
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