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9 Reasons To Do
Joint Venture Deals On eBay |
by:
Sydney
Johnston |
eBay is THE most
popular home business in the USA, but it's not without its
problems. Many have tried to succeed but have failed due to
confusion over what products to sell, giant numbers of
competitors, copy and picture theft from other sellers and eBay
and Paypal that eat into profits.
One way to avoid this swamp, though, is to do a Joint Venture with
established eBay sellers. This allows a JV partner to build her
own mailing list and sell products off eBay.
There are multiple advantages to this way of doing business on eBay:
1. The biggest uncertainty for would-be eBay sellers is what products to
sell. Sometimes vendors risk large sums of money on untried
products, only to lose their investment, become sour and give
up. With a Joint Venture there is no risk except for a few hours
of time.
2. Since there are no auctions listed on eBay, no one can steal copy or
pictures from JV sellers - because there is nothing to copy. In
effect, we become invisible - no one even knows we exist and
this hidden aspect has many advantages.
3. eBay JVs are usually done with a digital product that can be instantly
downloaded. This is great for any entrepreneur because
inexpensive autoresponders mean that her entire business is
handled via autopilot. Contrast this with the usual way of doing
business on eBay which involves mailing dozens, hundreds or even
thousands of boxes.
4. eBay and Paypal have lots of rules. It's easy to break some unwittingly,
and even the most honest seller does so from time to time. A JV
merchant isn't answerable to eBay, however, but only to her
customers.
5. A JV seller never directly lists on eBay, thus avoiding eBay and Paypal
fees.
6. Successful Powersellers have large numbers of customers and there are
lots of administrative details involved. Implementing a sales
system can cost time and money because without attention to
detail packages won't be mailed in a timely fashion, payments
won't be accurate, items will be sent to the wrong buyers, and
so on. A JV partner eliminates all of that because all
transactions can be funneled through a hands-off system.
7. eBay selling lives or dies through the 'feedback' system. Negative
feedback can kill sales instantly and lack of feedback causes
buyers to hesitite and choose other sellers. Feedback is totally
irrelevant to a Joint Venture seller because she is using the
reputation of carefully chosen other sellers. She knows in
advance that their feedback is high quality or she doesn't do
deals with them.
8. Inexperienced sellers sometimes drag wiser merchants into price wars. In
a panic over sales, they foolishly slash prices, beginning a
chain reaction that results in bare bones bids that allow no one
to make any money. A Joint Venture seller floats serenely above
such hiccups in the marketplace.
9. Best of all, a JV seller doesn't settle for a one time sale. She
concentrates her efforts on a mailing list of happy customers
that she can sell to again and again and again. In this way, not
only is she ensuring repeate profits, but she gets paid for
creating this list, rather than having to pay someone else for
names.
With its 147,000,000 registered users, eBay is the best source of targeted,
Net-savvy buyers on the web. By putting together Joint Venture
deals with established sellers, anyone can add large numbers of
qualified buyers to their database efficiently and
inexpensively.
About the author:
Receive the first five chapters of 'How To Do A Joint Venture on
eBay' at no cost.
http://auction-joint-venture.com
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