Opening An Ebay Drop-Off Store

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August 21, 2006 by Rich Whittle | 1 Comment

AuctionBytes.com:

Seven Tips For Entrepreneurs Considering Opening An Ebay Drop-Off Store:

1. Get eBay experience. Getting experience selling on eBay is crucial before making the decision to open up an eBay-related business.

2. Choose your location wisely. Think warehouse, not retail store.

3. Get help! Hire some help to help you run the business, even if it’s a part-timer.

4. Promote your business. Join the Chamber of Commerce – networking with business people is crucial to drumming up business.

5. Move up the food chain. Rather than approaching retailers for their excess inventory or returned merchandise, cut deals with distributors, wholesalers and manufacturers.

6. Don’t limit yourself to eBay. Consider other marketplaces, particularly when you have large lots.

7. Don’t take junk. If the consignee isn’t willing to pay a fee to have a service sell their item, the item may not be worth selling.

Photo by ISoldIt.