Coming Soon
Subscription Marketplace - Buy and sell subscription products and services
866 views
in Articles by
We all love to make money but after a while when you get too much product built up, you can start losing money. Why would we do that?

What happens is we get in a mindset on the value we feel our items are worth, rather than what we can get for them. That's why when purchasing items it's important to keep in mind that you make money when you buy, Not - When you Sell.

But we also get into the territory where you feel you should get a certain price for something. We develop an emotional attachment to our products. And that's what we need to shake.... immediately. This is the mindset that can make or break your auction business.

You need to be watching your products and if something isn't pulling in the money anymore, you need to blow it out. Product on the shelves is not money in your pocket.... it's out of your pocket. Product collecting dust is not collecting money in your bank account.

When we relate this to your eBay business, the same goes for what you have in your eBay store. Keep it fresh and alive. Have special offers, only for those who are buying an auction AND a store item. Do a two for the price of one deal or even give away product with the purchase of another item that is moving quickly.

Make it something that they want and give them a deal. Blowout product that you've had for too long. This will give you money right away and gets you product you can actually do well with.

So, get out of the mind frame that to you need to make "X" amount from certain products, if they're not pulling it in, then "X" them out and move onto newer hotter products!

Please log in or register to reply to this topic.

Related topics

0 replies 712 views
posted in Articles by TrustyKitty
0 replies 744 views
posted in Articles by FlamboyantChomper
0 replies 747 views
posted in Articles by HuggingDuck
0 replies 814 views
posted in Articles by Hawkward
0 replies 625 views
posted in Articles by Oystrich
0 replies 1,667 views
posted in Articles by VoyageHooper
0 replies 839 views
posted in Articles by PlaySeal
0 replies 673 views
posted in Articles by Cybora
0 replies 1,514 views
posted in Articles by SilentTrooper
0 replies 669 views
posted in Articles by BumblingBee
0 replies 689 views
0 replies 731 views
posted in Articles by HairyMagpie
0 replies 564 views
posted in Articles by MysteryWasp
0 replies 679 views
posted in Articles by GreedySmile
0 replies 574 views
posted in Articles by FatKomodoDragon
0 replies 621 views
posted in Articles by GreedyPig
0 replies 551 views
posted in Articles by Herogue
0 replies 551 views
posted in Articles by Dingopher
0 replies 736 views
posted in Articles by Explorer
0 replies 609 views
posted in Articles by HistoryYak
0 replies 632 views
posted in Articles by Dragonig
0 replies 2,338 views
posted in Articles by HairyMagpie
0 replies 535 views
posted in Articles by MysteryWasp
0 replies 570 views
posted in Articles by FatKomodoDragon
0 replies 586 views
posted in Articles by GreedyPig
Connect with us:
...