Wednesday, May 31, 2006
Thinking Of Internet Marketing
I am really working hard and long hours to make a living selling on Ebay. I dropped all my other income generating efforts because I need money TODAY! I am thinking of internet marketing more and more. I may still have to work long hours, but without having to deal with physical products.
Our problem is selecting what to sell. We have a warehouse full of obsolete computers and test equipment. Many pieces are worth $100, $200, $300 and maybe more. It is a guessing game to figure out which ones are worth the higher amounts of money. Most things we have are worth $10 or $20.
The day is very long trying to make an income of $100 by selling $10 items. Every item does not sell. You may have to list 20 or 30 items at $10 to make $100. That is a lot of work. That is why I look for the higher dollar items. It takes as long to sell a $100 item as it does a $10 item.
So, internet marketing is looking more attractive all the time. I am going to have to get back to it and devote a few hours a day to developing my online presence more.
Do not get me wrong. I love Ebay and all it does in a short period of time. It is fast money when we need to pay the bills. I just have never developed it into a huge business. I think I was following the wrong business model for Ebay for many years.