9 REASONS TO DO JOINT VENTURE DEALS ON EBAY

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 [2]

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The Must have IT Accessory by Vidhya Patel

Handbags are like new shoes or cars, they must have "it" accessory that has all the fashion-istas clamouring for the latest offering from popular designers. It's also a market that has more in common with the male-dominated world of classic cars than you'd realize. Few of you will have missed the fuss a couple of months ago when Sainsbury's sold 20,000 "I'm not a plastic bag" Anya Hind-march totes for $5 each. Within hours those same unbleached cotton bags were selling for in excess of $150 on eBay. "Every girl has a handbag," says Christie's specialist Monica Turcich, "and every girl wants one. Women now want the 'it' bag and the one nobody else is carrying. They've always been popular and they are the section of our 20th-century fashion sales for which we get the most phone calls, but now they are doing particularly well because everyone wants handbags, whereas 10 years ago there weren't the 'it' bags like we have today, simply the classics." Like cars, most of the more recent designer handbags which sell through dealers and auction houses make significantly less than their original retail price, losing value the second the initial purchase has taken place. That is good news for both collector investors and handbag enthusiasts, but there are some exceptions to the rule. Last March Christie's sold a red Hermes crocodile skin Kelly bag for $10,800; this had only been purchased in 1994 and was originally a bespoke product. The Kelly bag is the "holy grail" of the classic handbag world according to Turcich. "Chloe and other more contemporary bags are more driven by what's popular now, but for Hermes and Chanel's quilted bag, these are classics which never go out of style and are always useable." Kelly bags can be bought for $600 and can often be sold on for $1,000- 2,000, which isn't bad for a bag which might have been bought back in the 1960s. There's no doubt that most handbags are being bought to be used, it's not an investment market in the same way as many other collectables such as paul smith, Abercrombie and Fitch, dsquared etc, but again there are parallels to the car market. By buying a classic bag and looking after it, you are unlikely to lose money, rather see a steady gain with the added return of enjoying using it. Hindmarch's "I'm not a plastic bag" bags are unlikely to make it to "classic" status, they are after all mass-produced cotton totes, but other handbags from her range might well do so. So far Christie's has-n't sold any Hindmarch bags, but Turcich says she wouldn't be surprised if they start turning up at auction soon and she wouldn't turn them away. "Kylie Minogue was pictured carrying a Chloe bracelet bag around a few years ago which sparked a fashion and now we are selling the same thing at auction." There is a pristine one in the next auction which is estimated at $800 to $1,000 along with another Chloe handbag in the same lot. "I think Chloe has started the 'it' bag scene" adds Turcich, "I don't know how long it will take for them to become classics of their own, but I'm sure these will hold their value in five or 10 years' time. People just don't seem to have paid attention to the fact that handbags have become the new shoes in the last few years; there is now an appreciation of the design that goes into them. There are shoe designers that are artists and so too with handbags." It's not always about big names, a few weeks ago Ms Minogue was at the shop of Tony Durante, a handbag dealer at Alfie's in London, and purchased a white raffia bag with a horse's head on the front for around $200. Brightly colored raffia bags are in at the moment because it's summer. Durante says that Kylie loved this particular bag because it was unusual. Buying it from a vintage fashion dealer she's unlikely to bump into another celebrity carrying one. Durante says that his customers are looking for this "unusualness" factor. If you do want to retain the value in your handbag then you should go for one that is in excellent condition, is a good design and beautiful. Some "it" bags will undoubtedly go down in value as fashions change, but the classics should stay steady.
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PURE INDISPENSIBLE EBAY KNOWLEDGE!
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