Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

How To Select And Price Jewelry Wholesale

Selecting jewelry isn’t hard, when you can see it and touch it. However when you purchase jewelry wholesale, you often won’t have this opportunity before making a purchase, since most of these purchases are made online.

 This makes the selection process a bit harder.

Start by reading all of the information that is supplied. Make sure that words like ‘gold plated’ or ‘faux’ are not used if you are looking for genuine pieces.

Contact the company and ask for more information if you are unsure about anything that  you are reading as well.

 Make sure you are getting wholesale prices. Look for similar pieces at the online jewelry stores, or even at your local jewelry stores, and compare the prices. The wholesale price should be much lower.

Also check the refund and exchange policy of the business you are planning to purchase from. Make sure that there is a ‘no questions asked’ money back guarantee, or the offer of a 100% refund if you are not satisfied.

If there is no refund policy, there should be no deal! You can find other jewelry wholesale from companies that do offer refunds and exchanges.


How to Price Your Jewelry Wholesale

Pricing is an issue that many people in the jewelry business often worry about. However, there is a  method that you can easily use, whether you  purchase jewelry wholesale or make your own jewelry. Pricing is very important.

 You don’t want  to charge too much, because you won’t sell anything. On the other hand, you want to make
sure that you charge enough to make a profit.

If you purchase your jewelry at wholesale prices, a markup of 15% to 30% is usual, and people will pay
these prices.

 In the grand scheme of things, apply the 30% markup, and make that the ‘regular’ price.
When you need to move merchandise hold a sale, and use the 15% markup price as the sale price.

If you make your own jewelry, determine the total cost of the piece, including the cost of supplies, shipping, warehousing and packaging, then apply a 15% markup.

With the 15% markup, your jewelry will be priced at the wholesale price. If you sell the  jewelry to the general public yourself, as opposed to selling it to retailers, apply the retail price, which in this case would be about 45% above your costs.

TRICKS OF THE TRADE

OBTAINING FREE ADVERTISING!

1..  Advertising Specials:  If a magazine offers a "two for one"
deal, or a "pay for 3 and get a fourth ad free", take advantage
of it; it's Free Advertising!

2.  Free Listings:  Some publications offer to list your name and
address Free, if you have something that you offer "free for the
asking" to their readers.  This can be a "free sample", a free
list of customers; or whatever.  Tell publishers what you have
to offer!

3.  Print a Booklet Offering Tips:  List tips or what-have-you, and
on the inside pages, or in the back, place some of your own Free
ads!!

4.  The Piggy-Back Method:  Every time you get ready to mail a
letter or fill an order, place other ads in the envelope; it
costs you no more and it's like getting a free ad!!

5.  Free "Give-Aways":  These can be pens, rulers; key chains, etc.,
each with YOUR ad message and address on each one.  Give them
away and your Free Ad rides along!

6.  Your Own Advertiser/Newsletter:  Issue it regularly; sell ad
space in it and subscriptions to it.  They pay for the printing
and postage, and YOUR ads in it, too, at no cost to you!

7.  Trade Products/Services for Ad Space:  If you have something
which a publisher needs, trade what they want, for ad space!

8.  Provide Commission Ads to Dealers:  Your dealers place YOUR ads
over THEIR name!  Free Ads for your products!

9.  Columns; Releases, etc.:  Publishers will often print these
free, if it's NEWS, or interesting to their readers!  Send
notices out to editors and get free ads in exchange!

10. Share Costs With Others:  Get together with other dealers and
mailers.  Split costs and quantities with others.  Your ads go
FREE to HIS customers, and HIS go free to yours!

11. Offer Your Commission Ads to Publishers:  They insert them as
"mailer/distributor" commission ads!  They cost you nothing and
can get you lots of orders!

12. Your Product as a BONUS Item on Another's Flyer:  This can
increase the other person's orders, and YOUR product gets
advertised on HIS fliers, etc!

13. Place PIM-50 Phrases in your Ads:  This says to Publisher:
"Insert my ad in your publication and I'll help distribute 50"
(or more) copies for you.  It's another kind of "trade deal"
with publishers.

14. Give a Talk or Seminar:  Contact local clubs, and organizations.
They always seek outside speakers.  After you talk about your
business or your product, hand out flyers, etc.  It's like
getting free advertising!

15. Ads on Bulletin Boards:  Put up flyers on grocery, laundry
bulletin boards.

16. Make a Rubber  Stamp of your Ad:  Stamp it everywhere you can.
Stamp it on envelopes; flyers; etc.

17. Be Listed as a Source in Back of Books:  Often writers will want
to list references and sources in their books.  Get the work out
to authors!  Look for ads offering Free Ads!!

18. Discount to "a Friend":    Tell your customers you will give
discounts to anyone they send your way!  It's Word of Mouth
advertising; the best you can get and it's free!

Free advertising is any message that goes out to prospective
buyers without cost to you!  There are lots of ways to get
others to spread the word about what you offer!  Try these
methods; and you'll get lot of free ads; which mean more
responses and more orders!

How To Make Money Buying And Selling Used Cars

Today, with the average consumer now spending up to $26,400+  for a new car,
consumers realize the importance on investing in lower priced used cars.
With millions of buyers entering the used vehicle market every year, a
wealth of opportunities exist for anyone looking for extra income, or a new
and lucrative full-time career.  They key to making a lot of money in this
business is to buy low, and sell at a huge profit.  This report will show
you how to get started down the road to riches as a used car dealers.

Operating your own used car business

The goal of many people is just to make a little extra income.  If you
consider $1,000 to $3,000 or more for a single sale in one month to be
"extra income" you could easily make that in your spare time without much
effort.

On the other hand, you may be one of those people who want to be their own
boss.  While it's true that the risks are often greater than if you just
worked for someone else, it's just as true that risks and rewards go hand
in hand.  If you're willing to take the plunge, the potential returns are
also greater.  If you have a bit of the adventuresome spirit and some
confidence in your own skills and abilities, operating your own used car
business may be the ideal way for you to make big, big money!

Advantages of owning your own business

The opportunity to express your own ideas and do things exactly as you want
are among the primary advantages of operating your own business.  The
challenge and excitement of running your own operation also ranks high on
the list.  Another big advantage is that you will receive all the profits
generated by your time and efforts.  The potential exists to develop a
part-time business into a full-time career that produces an income you
never thought possible.

Skills and abilities needed

The same type of personal skills that are necessary to successfully work
for someone else are also required to be successful in working for
yourself.  Personal skills involve being conscientious, dedicated,
determined and persistent.  Good human relation skills are also important.

There is also another type of skill that is necessary:  It involves the
ability to manage and organize your activities and possibly those of others
if you hire salespeople to work for you.  This skill should be taken very
seriously because it organizational ability that can make the difference
between huge success and total failure.

Finally, you will need technical skills.  These are the skills that include
the knowledge to perform activities involved in the used car business.  It
is this combination of technical, personal and management skills that will
make your operation successful.

Getting your used car business established

Whether you are operating your business on a part-time or full-time basis,
people will expect you to provide the type of service any consumer expects.
They will also associate the type of service they can expect with the
image you create for your business.  This image will be the impression you
make on others.

For example:  Will people perceive you as handling high-medium, or
low-priced vehicles?  Will your used cars appeal mostly to the rich, the
poor, or the middle class?  Do you sell something for everyone or do you
specialize? (Just pick-ups, just vans, etc.)

Any positive image is fine as long as you are consistent in everything yu
do within the scope of that image.  The image you create will largely set
the tone for all your business activities, including selection of a
business location, types of vehicles handled, prices charged, etc.

Selecting a location

If you are going to buy one or two cars at a time for resale on a part-time
basis, then working right from your home shouldn't pose a problem for you.
However, if you intend to eventually have a large, full-time business
operation, the most important ingredient in your success or failure could
be your location.  What constitutes a good location varies with the type of
business.  But in the used car business it means being highly visible in a
high traffic area, and being situated so that driving customers can get to
you.  In many cases, the location yo consider ideal may not be available,
or if it is, the cost may not be practical.  In that event, you will simply
have to select the next best location you can find and that is affordable.
Then you will have to male a strong advertising and promotion work to make
customers aware of who you are, and what you are selling, and where they
can find you.

Whether you select a location at your home or in a business district, you
must make certain you are operating within city and county zoning
ordinances.  Zoning ordinances are regulations specifying what each parcel
of land within a community can be used for.  In the location you decide on
is not zoned for the type of business you want to start, you can appeal to
the zoning commission to obtain a "zoning variance."  If approved, you
will be allowed to use the property for your business.

How to locate used car supplies

To get started in the "Buy low, Sell for Huge Profits" used car business,
you will have to locate suppliers.  In some cases you will be able to buy
directly from individual car owners.  At other times, you will go to
independent auction houses or attend U.S. Government Auction Sales where
you can often purchase vehicles for pennies on the dollar.

An independent auction offers vehicles of owners who want auctioneers to sell
by getting buyers who are at the auction house to bid against one another.  Generally, there is a minimum bid set.  The person who offers
the highest bid over the minimum set has the winning bid.  The seller,
however, also has the right to sell the vehicle below the minimum bid if he
chooses.  Incredible bargains can be found at independent auction houses.

Independent auction house sales take place in different countries, many on a
weekly schedule.  For additional information on auction house locations
refer to your telephone directory under "Auctions" or "Car Auctions,"

 Government Auctions

A wide variety of personal property either no longer needed, or seized by
the Federal Government is periodically placed on public sale.

The Department of Defense and the General Services Administration are the
principle government sales outlets for surplus property.  As items become
available for public sale. catalogs and other types of announcements are
distributed to people who have expressed an interest in bidding on the
types of property being offered.

Sales generally are on a competitive bid basis, with the property being sold
to the highest bidder.  Among the many thousands of items sold are
automobiles and other vehicles of every imaginable make and model.  In
fact, tens of thousands of vehicles are sold by the government at public
auctions throughout the country every year.

How can there be so many vehicles for sale?  Because the government is so
huge that it's difficult to even comprehend just how much property is
amassed for resale.  In fact, the government seizes, confiscates and
forecloses on property that results in many millions of pieces of property
every year, and that number continues to grow.

Incredibly, the government isn't a private business that is interested in
making a profit on the items it sells.  The government is mostly interested
in eliminating enormous stockpiles of seized and surplus vehicles and other
properties.  As a result, many thousands of vehicles are offered to the
public through government auctions at a fraction of their actual value.
This is where you can buy just about any model of vehicle you want at
super-huge savings and make gigantic resale profits.

How to Get on the Government's Vehicle Auction Mailing List

Both the Government Services Administration (GSA) and the Department of
Defense maintain mailing lists on persons interested in seized and surplus
property sales.  People on these lists are sent catalogs and other sales
announcements in advance of sales and give the opportunity to inspect the
vehicles and submit bids.

Each GSA regional office maintains a mailing list for sales of property
located in the geographical area it serves. 

How to Determine the Value of Used Vehicles

Whether you attend and auction or purchase a vehicle outright from a seller,
you must know what it is worth. 

Securing Licenses and Permits

City, county, state and/or federal licenses or permits are often required
before entering a particular business or service operation.  Often these
are issued solely as a fund-raising measure, and therefore, are easy to
obtain by submitting a fee.

On the other hand, licensing is also used as a method of regulating the
competency of those entering a particular field and to protect the public
from shady operators.  In some cases an exam is administered, and moral and
financial requirements may need to be met as well.

In the used-car business, most states require that you obtain a dealer's
license if you are buying and selling vehicles for the purpose of making a
profit.  However, you are not required to apply for a license if you only
make an isolated or occasional sale.  You are not considered to be in the
business of selling motor vehicles in that event.  "Isolated or occasional
sales" in many states means the sale, purchase, or lease of not more than
five motor vehicles in a 12-month period.

Once you began to sell more vehicles for profit that is allowed by your
state law on an annual basis, you should apply for a Dealer's License by
contacting your state department of public safety of department of motor
vehicle.

Check with your attorney or other city officials to determine what licenses
and permits are needed.  Simply start up a business without having the
proper authorizations can result in severe penalties, and you could be
forced to discontinue operations.

Many states and some cities and counties require that sales taxes be
collected.  The state sales tax permit is available from the State
Department of Revenue.  City and county permits are available from the tax
department in those jurisdictions.

Even though a certain amount of "red-tape" must be tolerated to obtain some
licenses and permits, this is usually a one-time occurrence. Then, it's
just a matter of submitting an annual renewal fee.

Some Details About The Clarity Of Diamonds

Clarity is an important aspect of a diamond, and it is important to know how to grade the clarity of a diamond before you buy one.

It is actually quite easy to learn how to grade the clarity of a diamond.

 There are basically two things that you must understand: Diamonds with visual inclusions and blemishes, and those that are ‘eye clean’ meaning that there are no inclusions or blemishes that can be seen with the naked eye.

 From there, the clarity of a diamond is further broken down into subcategories.

Many people mistakenly think that diamond clarity refers to how clear it is. This isn’t so.

Clarity actually refers to the internal and external imperfections of the diamond.

The best diamonds, of course get a grade of FL or IF – Flawless or Internally Flawless – meaning that it is perfect. A grade of I-1, I-2 or I-3 means that the diamond is imperfect, with a grade of I-3 being the worst.

Other grades are VVS1 and VVS2, which means that the diamond is very, very slightly imperfect; VS1 and VS2, meaning the diamond is very slightly imperfect; SI-1 and SI-2, which means that the diamond is slightly imperfect.

Diamond Brands And What They Mean

Diamonds are one of the few products that simply cannot be ‘branded.’ Even though there are different cuts, different grades, and different values placed on each and every diamond in existence, no diamond is any specific brand – just as gold is not a specific brand.

Branding is actually based on who owns the diamond.

 For instance, if DeBeers owns the diamond, it is aDeBeers Diamond – but it is still just a diamond.

If the diamond was cut by a specific well known cutter, then it might be branded in that way as well – but it usually isn’t. It is still branded based on who owns it at the time.

So basically, when it comes down to it – diamond brands mean absolutely nothing at all.

Do not allow a jeweler to try to talk you into paying an exorbitant price on a diamond because it is a specific brand.

 This is a bit of trickery used by unscrupulous jewelers when they know that they are dealing with people who don’t know much about diamonds.

Remember that diamonds are not actually branded – unless mother nature has her own brand!

Some Places Where Diamonds Are Mined

Argye mine located in the Kimberley region in the far north east of Western Australia.

Owned by Rio Tinto, this mine is the world’s largest single producer of volume of diamonds.

 However, due to low proportion of gem quality diamonds it is not the value leader.

 It does produce 90-95% of the world’s supply of pink diamonds.  

Diavik is also owned by Rio Tinto, located in Canada it is a very large mine.

It is located north of Yellowknife and south of the Artic Circle on an island.

The island is connected by an ice road.

 It is also an important part of the regions economy employing more than 700 people and producing more than 8 million carats annually.

Ekati diamond mine is owned by BHP Billiton and located south of the artic circle in the Northwest Territories of Canada.

The Ekati is Canada’s first operational diamond mine.

Diamonds mined here are sold under the Aurias trade name Authenticity is verified through Canada Mark service.

CanadaMark service is also owned by BHP Billiton Diamonds, Inc.

Baken diamond mine is located along the lower Orange River in South Africa. 

It is owned and operated by Trans Hex.

 The average size stone for 2004 was 1.29 carats.   In 2004, this mine produced a 78.9 carat D color flawless diamond that sold for more than 1.8 million dollars (US), as well as a 27.67 pink diamond that was sold for over 1 million US dollars.

Merlin is the second of only two diamond mines in Australia. No longer operating it was owned by Rio Tinto and sold to Striker Resources, who has explored the possibilities of reopening the mine.  

Orapa is the world’s largest diamond mine.  It us located 240 Km west of Francistown.

The mine is owned by “Debswana” which is a partnership between DeBeers and the government of Botswana.

This mine operates 7 days a week.

 It maintains pre primary and primary schools for its employee’s children.There is also a 100 bed hospital and game park.

This mine began production in 1971 and is the oldest mine owned by the Debswana Company.

The Premier mine located in Cullinan, South Africa produced the largest gem diamond ever in 1905.

The Cullinan Diamond weighed 3,106.75 carats.

This mine also produced the Golden Jubilee diamond which weighed 545.67 carats.

 This mine is owned by the De Beers Company and was renamed The Cullinan Diamond Mine in 2003 in celebration of its centennial.

How Diamond Prices Are Determined

Pricing most products is quite easy.

Determine how much it costs to make the  item, how much it costs to market that item, and then mark it up by 15 – 30% or more.

Simple, right? Well, pricing diamonds isn’t quite that simple. There are many factors that are considered when diamonds are priced.

Diamond prices are determined first by adding the cost of the rough diamond, the cost of cutting the diamond, and all other costs necessary to turn the rough diamond into a marketable diamond.

Depending on the importance of the diamond, an independent company may be called in to certify the grade of the diamond based on color, cut, clarity, and weight.

At this point, the diamond becomes more expensive each time it changes hands, until it finally reaches a retailer, where the price is raised a bit more.

Before reaching the retailer, however, the diamond must travel from the mine, to the cutter and polisher, to the independent grading company, and then to the Primary market.

Once it has reached the primary market, it will be purchased by diamond dealers and wholesalers, and from there it will be sold to retailers.

As you can see, the earlier you can purchase a diamond in the process, the lower the cost   of the diamond will be – but not the value.

The value is based on what the diamond will sell for in the market place – through a retailer.

If you own a diamond, and you have no idea how much it is worth, you can have it appraised, but the appraisal may not be accurate.

You will be better off obtaining a certificate through GIA – Gemological Institute of America.

 With the information on this certificate, you can use a cutter’s guide to accurately determine what your diamond is worth.

There are also many diamond price calculators available. These can be found on the Internet, and many diamond dealers use these as well.

You must realize, however, that before you can accurately price a diamond, without a Diamond Grade Report, you need to know quite a bit about diamonds, such as different cuts, clarity, color, and weight – and how each of those aspects adds to the value of a diamond, or decreases the value of the diamond as the case may be.

Again, you will be better off if you get a Diamond Grading Report on the diamond, and use that information to look up the price in one of the guides that the diamond cutting industry uses.

This will give you the most accurate value of the diamond in your possession, or of the diamond you are  considering purchasing.

Practicing in the Forex Market

So you want to learn about the Forex market, and trading internationally but you are risking your personal wealth if you jump in before knowing all about how trading takes place. 

Online, you will find many games and simulations while learning the methods involved in forex market trading. 

The forex markets include countries from around the world, where all countries involved are using different currencies, and when faced against each other are worth more or less than the original valued currencies that are being traded. 

The forex markets are used to build wealth in, for governments, banks, and brokers, and for many countries.

To get started in learning about forex trading, you will need to locate the forex trading software, education-learning system you want to use. As you find the games, as they are called, you will enter information about yourself, about what you are interested in learning and then you will download software to your computer. 


In following the 'game', you will learn how to make and lose money in the forex market. This type of game is going to make you more aware of what happens daily, how the markets open and close, and how different the various countries currencies really are.

You will open an online 'account' using the gaming system. You will then be able to read the news, find and compare markets, and you will be able to make 'fake' trades so you can watch your money build or be eaten away in losses. 


As you learn the system, using it a few times a week, you are going to be more prepared, more educated and you will be ready to use the forex trades to make money. 

Of course, you may still need the aid of broker or a company to make your transactions happen but you will better understand the process, what will happen, and what calls you may want to make when you read about the news, the markets, and the currencies in other countries.

The forex market is also referred to as the FX market. If you are interested in joining the millions who are making money in the forex markets, you want to ensure you are dealing with a reputable banker or company involved in forex trading. 


With the spur of interest in the forex markets, there are many types of companies that are popping out on the Internet appearing to be genuine forex trading companies but in reality, they are not. Forex trading can be completed through a broker, a company that deals in the funds, and from within your own country. 

For example, the US has many regulations and laws regarding forex trading and what companies are permitted to work with the public dealing with international trading and markets.

Forex trading, where do customers go?

Forex trading uses currency and stock markets from a variety of countries to create a trading market where millions and millions are traded and exchanged daily. 

This market is similar to the stock market, as people buy and sell, but the market and the over all results are much much larger. 

Those involved in the forex trading markets include the Deutsche bank, UBS, Citigroup, and others such as HSBC, Braclays, Merrill Lynch, JP Morgan Chase, and still others such as Goldman Sachs, ABN Amro, Morgan Stanley, and so on.

To get involved in the forex trading markets, contacting any of these large broker assistance firms is going to be in your best interest. Sure, anyone can get involved in the forex market, but it does take time to learn about what is hot, what is not, and just where you should place your money at this time.

International banks are the markets biggest users on the forex markets, as they have millions of dollars to invest daily, to earn interest and this is just one method of how banks make money on the money you save in their bank. 


Think about the bank that you deal with all the time. Do you know if you can go there, and obtain money from 'another' country if you are heading out on vacation? 

If not, that bank is most likely not involved in forex trading. If you have to know if your bank is involved in forex trading, you can ask any manager or you can look at the financial information sheets that banks are to report to the public on a quarterly baiss.

If you are new to the forex market, it is important to realize there is no one person or one bank that controls all the trades that occur in the forex markets. Various currencies are traded, and will originate from anywhere in the world. 


The currencies that are most often traded in the forex markets include those of the US dollar, the Eurozone euro, the Japanese yen, the British pound sterling and the Swiss franc as well as the Australian dollar. 

These are just a few of the currencies that are traded on the forex markets, with many other counties currencies to be included as well. The main trading centers for the forex trading markets are located in Tokyo, New York and in London but with other smaller trading centers located thought out the world as well.

Is the eBay Customer Always Right?

I can answer this question for you right now: the answer is 'yes'. In fact, the answer is 'YES!' - the biggest yes you've ever heard. Of the course the customer is always right.

 If you want to be a successful eBay seller, you should go miles out of your way to make sure every single one of your customers is 100% satisfied, however much time or money it might cost you.

A dissatisfied customer will leave negative feedback, and negative feedback is to be avoided at all costs. That one piece of negative feedback will always cost you more than it would have to deal with the complaint, whatever the value of the items you sell.


 You should consider any positive feedback percentage under 100% to be an absolute disaster, and a personal failure on your part.

But What If…

But nothing! There is no situation where you, as a seller, should get into any dispute with a buyer. Here are a few common situations and how to handle them.

They say the item never arrived: Politely ask the buyer to wait a few more days to see if it turns up, and then email you again if it still hasn't arrived. If it still hasn't arrived, you should assume it was lost in the post somehow and offer to send a replacement if you have one, or give them a full refund otherwise. No, I don't care what that costs you. Are you serious about selling on eBay or not?

The item has been damaged in the post: You must offer to replace it or take it back for a refund without hesitation.

They say the item doesn't match the description: Resist the urge to email back with "yes it does, you just didn't read the description properly". Take the item back for a refund, and edit your description if you need to, to make any confusing points extra clear.

I'm sure you're spotting a pattern by now. Offering a refund will make almost any problem go away, and it really will cost you less in the long run. 


Remember, one piece of negative feedback will stay with you forever, while having a 100% positive rating is like owning a bar of solid gold.

You should always handle customers' complaints before they complain to eBay - in fact, you should email them pre-emptively to ask if they have any. Going through the dispute process is time consuming, reflects badly on you and is downright unnecessary.

Are you still not convinced? Think this would only work with cheap items? Well, you see, the higher the price of the items you sell, the more your reputation is worth to you. 


Let's say you were selling $10,000 worth of items each week, for example, and making a $1,000 profit per week overall. You might think that refunding one customer's $1,000 purchase would be a tragedy, losing you your whole week's profit. 

It's far better to look at it this way: if you don't give that refund, then not only will you lose the next week's profit, but you'll probably lose a few weeks' profit after that too. Now which option looks better?

I absolutely can't emphasise enough the importance of really believing that the customer is always right. But trying to make excuses for complaints isn't the only thing you need to avoid. 


There are a lot of pitfalls that you need to avoid if you don't want to kill your business before it's even started properly - and I'll show you in the next email what they are.

An eBay Seller's Checklist.

Being a seller is a lot of responsibility, and sometimes you might feel like you're not doing everything you should be. This simple checklist will help you keep on top of things.

Have you found out everything you possibly could about your items? Try typing their names into a search engine - you might find out something you didn't know. If someone else is selling the same thing as you, then always try to provide more information about it than they do.

Do you monitor the competition? Always keep an eye on how much other items the same as or similar to yours are selling, and what prices they're being offered at. There's usually little point in starting a fixed price auction for $100 when someone else is selling the item for $90.

Have you got pictures of the items? It's worth taking the time to photograph your items, especially if you have a digital camera. If you get serious about eBay but don't have a camera, then you will probably want to invest in one at some point.

Are you emailing your sellers? It's worth sending a brief email when transactions go through: something like a simple "Thank you for buying my item, please let me know when you have sent the payment"

. Follow this up with "Thanks for your payment, I have posted your [item name] today". You will be surprised how many problems you will avoid just by communicating this way.

Also, are you checking your emails? Remember that potential buyers can send you email about anything at any time, and not answering these emails will just make them go somewhere else instead of buying from you.

Do your item description pages have everything that buyers need to know? If you're planning to offer international delivery, then it's good to make a list of the charges to different counties and display it on each auction. 


If you have any special terms and conditions (for example, if you will give a refund on any item as long as it hasn't been opened), then you should make sure these are displayed too.

Have you been wrapping your items correctly? Your wrapping should be professional for the best impression: use appropriately sized envelopes or parcels, wrap the item in bubble wrap to stop it from getting damaged, and print labels instead of hand-writing addresses. Oh, and always use first class post - don't be cheap.

Do you follow up? It is worth sending out an email a few days after you post an item, saying "Is everything alright with your purchase? I hope you received it and it was as you expected." This might sound like giving the customer an opportunity to complain, but you should be trying to help your customers, not take their money and run.

Being a really good eBay seller, more than anything else, is about providing genuinely good and honest customer service. That's the only foolproof way to protect your reputation. 


Of course, you might be wondering by now whether it's really worth all the hassle to get a good reputation on eBay. Won't people buy from you anyway, and couldn't you just open a new account if it really comes down to that? Our next email will set you straight.

5 Simple Steps to Posting Your First eBay Auction.

It's surprisingly simple to get started posting your very first auction on eBay. Here's what you need to do.

Step 1: Open an eBay seller's account.

If you've bought things on eBay, then you already have an account - just log in with it and click 'Sell' in the toolbar at the top of the page, then click 'Create a seller's account'. 


If you've never used eBay before, then you'll need to open an account first using the 'register' link underneath the toolbar, and then click 'Sell' and 'Create a seller's account'. 

The eBay site will then guide you through the process. For security, this may involve giving card details and bank information.

Step 2: Decide what to sell.

For your first little experiment with eBay, it doesn't really matter what you sell. Take a look around the room you're in - I'm sure there's something in there that you're not all that attached to and could put in the post. Small books and CDs are ideal first items.

Step 3: Submit your item.

Click 'Sell', and you're on your way to listing your item.

The first thing you need to do is choose a category - it's best to just type in what the item is and let eBay choose for you. Next, write a title and description. Include key words you think people will search for in the title box, and all the information you have about the item in the description box.

Now set a starting price. $0.01 is the best starting price, as it draws people in to bid who otherwise wouldn't, and items will almost never finish at such a low price. The next thing to set is the duration of the auction: 3, 5, 7 or 10 days. This is up to you: longer sales will usually get more bids, but will also seem to drag on forever. If you've taken a picture, add it now - items with pictures always sell for more. Finally, tick the payment methods you will accept (just PayPal is best for now), and where you will post to (limit yourself to your own country to begin with). Submit and you're done!

Step 4: Wait for it to sell.

This is just a matter of sitting back and letting eBay do its thing - buyers will find your item and leave bids on it. Some bidders might email you with questions about the item, and you should do your best to answer these questions as quickly as you can.

Remember that if your item doesn't sell then you can list it again for free.

Step 5: Collect payment and post it.

eBay will sent your buyer emails guiding them through the process of sending you payment for the item. Make sure you have the money before you send anything.

Once you've got the payment, all you need to do is pack the item for posting (make sure to use some bubble wrap), take the buyer's address from the confirmation email eBay sent you, and write it on the parcel. Put some stamps on, post it, and you're done!

I hope you enjoyed selling your first item. Now that you're starting to get into it, the next email will give you a checklist of things you need to do to be a successful seller.

Learning the eBay "Lingo".

Do you have trouble sometimes understanding when people talk about eBay? Don't worry, some of the jargon is really obscure, and you can't be expected to understand it until someone's told you what it means.

 Here's a little list of some of the most useful lingo to know, but you don't need to memorise it - even the most common jargon is only used relatively rarely.

Words.

Bid: telling eBay's system the maximum price you are prepared to pay for an item.
Dutch: an auction where more than one of an item is available.
Feedback: positive or negative comments left about other users on eBay.
Mint: in perfect condition.


Non-paying bidder: a bidder who wins an auction but does not then go on to buy the item.
PayPal: an electronic payment method accepted by most sellers.
Rare: used and abused on eBay, now entirely meaningless.


Reserve: the minimum price the seller will accept for the item.
Shill bid: a fake bid placed by a seller trying to drive up their auction's price.


Snail Mail: the post, which is obviously very slow compared to email.
Sniping: bidding at the last second to win the item before anyone else can outbid you.

Abbreviations.

AUD: Australian Dollar. Currency.
BIN: Buy it Now. A fixed price auction.
BNWT: Brand New With Tags. An item that has never been used and still has its original tags.
BW: Black and White. Used for films, photos etc.


CONUS: Continental United States. Generally used by sellers who don't want to post things to Alaska or Hawaii.
EUR: Euro. Currency.
FC: First Class. Type of postage.
GBP: Great British Pounds. Currency.
HTF: Hard To Find. Not quite as abused as 'rare', but getting there.


NIB: New in Box. Never opened, still in its original box.


NR: No Reserve. An item where the seller has not set a reserve price.
OB: Original Box. An item that has its original box (but might have been opened).
PM: Priority Mail.
PP: Parcel Post.
SH: Shipping and Handling. The fees the buyer will pay you for postage.
USD: United States Dollars. Currency.
VGC: Very Good Condition. Not mint, but close.

The chances are that you'll find more specific jargon related to whatever you're selling, but it'd be an impossible task to cover it all here. 


If you can't figure one out from your knowledge of the subject, then type the term into a search engine, followed by the word 'ebay'. The chances are that someone, somewhere will have seen fit to explain it.

While it's good to be able to understand others' jargon, avoid using it unless you really need to (for example, if you run out of space in an item's title). Many people on eBay are not experienced buyers and you will lose them if you write a load of gobbledegook all over your auction.

By now, you're well prepared for eBay life, and you're probably ready to get started with that first auction. In the next email, we'll show you how to dive in and get started.

Staying Out of Trouble with eBay's Listing Policies.

While you can sell most things on eBay, quite a few things are banned. If you try to sell any of these things then eBay will remove your auction and all bids will be void.

Here is eBay's full list of prohibited or questionable items:

Academic Software
Airline and Transit Related Items
Alcohol (also see Wine)
Animals and Wildlife Products
Anti-circumvention Policy
Artifacts
Authenticity Disclaimers
Autographed Items
Batteries
Beta Software
Bootleg Recordings
Brand Name Misuse
Catalog Sales
Catalytic Converters and Test Pipes
Celebrity Material
Charity or Fundraising Listings
Comparison Policy
Compilation and Informational Media
Contracts and Tickets
Counterfeit Currency and Stamps
Counterfeit Items
Credit Cards
Downloadable Media
Drugs & Drug Paraphernalia
Electronics Equipment
Embargoed Goods and Prohibited Countries
Encouraging Infringement Policy
Event Tickets
Faces, Names and Signatures
Firearms, Ammunition, Replicas, and Militaria
Fireworks
Food
Freon and Other Refrigerants
Gift Cards
Government IDs and Licenses
Hazardous, Restricted, and Perishable Items
Human Parts and Remains
Importation of Goods into the United States
International Trading - Buyers
International Trading - Sellers
Lockpicking Devices
Lottery Tickets
Mailing Lists and Personal Information
Manufacturers' Coupons
Mature Audiences
Medical Devices
Misleading Titles
Mod Chips, Game Enhancers, and Boot Discs
Movie Prints
Multi-level Marketing, Pyramid and Matrix Programs
OEM Software
Offensive Material
Pesticides
Plants and Seeds
Police-Related Items
Political Memorabilia
Postage Meters
Pre-Sale Listings
Prescription Drugs and Devices
Promotional Items
Real Estate
Recalled Items
Recordable Media
Replica and Counterfeit Items
Satellite and Cable TV Descramblers
Slot Machines
Stocks and Other Securities
Stolen Property
Surveillance Equipment
Tobacco
Travel
Unauthorized Copies
Used Clothing
Warranties
Weapons & Knives
Wine (also see Alcohol)

Most of this is very obvious - of course you can't sell illegal things like drugs, pyramid schemes or stolen goods. Almost everything that is on the list is there because there is law against selling it. Some of the reasons, though, are a little strange.

The 'autographed items' entry, for example, doesn't mean that you can't sell anything that's been autographed - it just means that you can only sell it if it comes with a certificate of authenticity. 


The 'artifacts' entry prohibits you from selling Native American graves; 'celebrity material' means you can't sell unauthorised pictures of celebrities; 'embargoed goods' means that you can't sell anything that comes from Cuba… on and on it goes, and most of it you never need to know.

If your chosen kind of item seems to be on the list, though, and you're concerned that you might not be able to sell it, then check the full list at http://pages.ebay.com/help/policies/items-ov.html to see whether the item is banned entirely or there are just a few restrictions.

eBay says it will remove any items that it believes violate copyright law, but in reality they don't have that many people to monitor the site. 


You will generally only find that your auction gets removed if someone decides to report you - and even then, they might not get around to it.

Really, buying and selling on eBay can sometimes feel more complicated than it really is, thanks to all the rules surrounding it - not to mention the jargon. Our next email is a 'jargon buster', to help you learn the language of eBay.

A Beginner's Guide to the Different eBay Auction Types.

Over the years, eBay has introduced all sorts of different auction types, in an effort to give people more options when they buy and sell their things on eBay.

For every seller who doesn't like the idea that their item might sell for a far lower price than they intend, there's another who wants to shift hundreds of the same item quickly. eBay tries to cater to all tastes. This email gives you an overview of the different kinds of auctions and their advantages for you.

Normal Auctions.

These are the bread-and-butter of eBay, the auctions everyone knows: buyers bid, others outbid them, they bid again, and the winner gets the item. Simple.

Reserve Auctions.

Reserve auctions are for sellers who don't want their items to sell for less than a certain price - a concept you'll know about if you're familiar with real auctions. 


They work just like normal auctions on eBay, except that the buyer will be told if their bid does not meet the reserve price you set, and they'll need to bid again if they want the item. If no-one is willing to meet your price, then the auction is cancelled, and you keep the item.

Fixed Price ('Buy it Now') Auctions.

Buy it Now auctions can work in one of two ways. You can add a Buy it Now button to a normal auction, meaning that buyers can choose either to bid normally or to simply pay the asking price and avoid the whole bidding process. 


Some sellers, though, now cut out the auction process altogether and simply list all their items at fixed price. This lets you avoid all the complications of the auction format and simply list your items for how much you want them to sell for.

Recently, eBay added a twist to fixed price auctions: the 'best offer'. This means that buyers can contact you to negotiate a price, which could be a good way to get sell some extra stock at a small discount.


 The only downside to reserve and fixed price auctions is that you pay a small extra fee to use these formats. In general, it is more worth using reserve auctions for higher-priced items and fixed price auctions for lower-priced ones - but remember that you can combine the two formats.

Multiple Item ('Dutch') Auctions.

These are auctions where you can sell more than one of a certain item. Dutch auctions can be done by bidding. 


Buyers bid a price and say how many items they want, and then everyone pays the lowest price that was bid by one of the winning bidders. If you have trouble getting your head around that, then don't worry - everyone else does too! These auctions are very rare.

What is more common is when a seller has a lot of one item, and lists it using a combination of two auction types: a multiple-item fixed price auction.


 This just means that you can just say how many of the item you they have, and offer them at a fixed price per unit. Buyers can enter how many they want and then just click Buy it Now to get them.

Now that you know about the different types of auctions, you should make sure that the items you plan to sell don't violate eBay's listing policies. The next email will let you know what's allowed and what is a big no-no.

EBay Income Possibilities.

If you've ever read an article about eBay, you will have seen the kinds of incomes people make - it isn't unusual to hear of people making thousands of dollars per month on eBay.

Next time you're on eBay, take a look at how many PowerSellers there are: you'll find quite a few. Now consider that every single one of one of them must be making at least $1,000 per month, as that's eBay's requirement for becoming a PowerSeller. 


Silver PowerSellers make at least $3,000 each month, while Gold PowerSellers make more than $10,000, and the Platinum level is $25,000. The top ranking is Titanium PowerSeller, and to qualify you must make at least $150,000 in sales every month!

The fact that these people exist gives you come idea of the income possibilities here. Most of them never set out to even set up a business on eBay - they simply started selling a few things, and then kept going.


 There are plenty of people whose full-time job is selling things on eBay, and some of them have been doing it for years now. Can you imagine that? 

Once they've bought the stock, everything else is pretty much pure profit for these people - they don't need to pay for any business premises, staff, or anything else. There are multi-million pound businesses making less in actual profit than eBay PowerSellers do.

Even if you don't want to quit your job and really go for it, you can still use eBay to make a significant second income. You can pack up orders during the week and take them down to the post office for delivery each Saturday. There are few other things you could be doing with your spare time that have anywhere near that kind of earning potential.

What's more, eBay doesn't care who you are, where you live, or what you look like: some PowerSellers are very old, or very young. Some live out in the middle of nowhere where selling on eBay is one of the few alternatives to farming or being very poor.


 eBay tears down the barriers to earning that the real world constantly puts up. There's no job interview and no commuting involved - if you can post things, you can do it.

Put it this way: if you know where to get something reasonably cheaply that you could sell, then you can sell it on eBay - and since you can always get discounts for bulk at wholesale, that's not exactly difficult. Buy a job lot of something in-demand cheaply, sell it on eBay, and you're making money already, with no set-up costs.

If you want to dip your toe in the water before you commit to actually buying anything, then you can just sell things that you've got lying around in the house. 


Search through that cupboard of stuff you never use, and you'll probably find you've got a few hundred dollars' worth of stuff lying around in there! 

This is the power of eBay: there is always someone who wants what you're selling, whatever it might be, and since they've come looking for you, you don't even need to do anything to get them to buy it.

So you want to get started on eBay? Well, that's great! There are only a few little things you need to learn to get started. Our next email will give you the lowdown.

Who is participating in forex market trades?

The forex market is all about trading between countries, the currencies of those countries and the timing of investing in certain currencies. The FX market is trading between counties, usually completed with a broker or a financial company.

 Many people are involved in forex trading, which is similar to stock market trading, but FX trading is completed on a much larger overall scale. Much of the trading does take place between banks, governments, brokers and a small amount of trades will take place in retail settings where the average person involved in trading is known as a spectator. 

Financial market and financial conditions are making the forex market trading go up and down daily. Millions are traded on a daily basis between many of the largest countries and this is going to include some amount of trading in smaller countries as well.

From the studies over the years, most trades in the forex market are done between banks and this is called interbank. Banks make up about 50 percent of the trading in the forex market. 


So, if banks are widely using this method to make money for stockholders and for their own bettering of business, you know the money must be there for the smaller investor, the fund mangers to use to increase the amount of interest paid to accounts.

 Banks trade money daily to increase the amount of money they hold. Overnight a bank will invest millions in forex markets, and then the next day make that money available to the public in their savings, checking accounts and etc.

Commercial companies are also trading more often in the forex markets. The commercial companies such as Deutsche bank, UBS, Citigroup, and others such as HSBC, Braclays, Merrill Lynch, JP Morgan Chase, and still others such as Goldman Sachs, ABN Amro, Morgan Stanley, and so on are actively trading in the forex markets to increase wealth of stock holders. 


Many smaller companies may not be involved in the forex markets as extensively as some large companies are but the options are stil there.

Central banks are the banks that hold international roles in the foreign markets. The supply of money, the availability of money, and the interest rates are controlled by central banks. 


Central banks play a large role in the forex trading, and are located in Tokyo, New York and in London. 

These are not the only central locations for forex trading but these are among the very largest involved in this market strategy. Sometimes banks, commercial investors and the central banks will have large losses, and this in turn is passed on to investors. Other times, the investors and banks will have huge gains.

Practicing in the Forex Market

So you want to learn about the Forex market, and trading internationally but you are risking your personal wealth if you jump in before knowing all about how trading takes place. 

Online, you will find many games and simulations while learning the methods involved in forex market trading. The forex markets include countries from around the world, where all countries involved are using different currencies, and when faced against each other are worth more or less than the original valued currencies that are being traded.

 The forex markets are used to build wealth in, for governments, banks, and brokers, and for many countries.

To get started in learning about forex trading, you will need to locate the forex trading software, education-learning system you want to use. As you find the games, as they are called, you will enter information about yourself, about what you are interested in learning and then you will download software to your computer.


 In following the 'game', you will learn how to make and lose money in the forex market. This type of game is going to make you more aware of what happens daily, how the markets open and close, and how different the various countries currencies really are.

You will open an online 'account' using the gaming system. You will then be able to read the news, find and compare markets, and you will be able to make 'fake' trades so you can watch your money build or be eaten away in losses. 


As you learn the system, using it a few times a week, you are going to be more prepared, more educated and you will be ready to use the forex trades to make money. 

Of course, you may still need the aid of broker or a company to make your transactions happen but you will better understand the process, what will happen, and what calls you may want to make when you read about the news, the markets, and the currencies in other countries.

The forex market is also referred to as the FX market. If you are interested in joining the millions who are making money in the forex markets, you want to ensure you are dealing with a reputable banker or company involved in forex trading.


 With the spur of interest in the forex markets, there are many types of companies that are popping out on the Internet appearing to be genuine forex trading companies but in reality, they are not. Forex trading can be completed through a broker, a company that deals in the funds, and from within your own country. 

For example, the US has many regulations and laws regarding forex trading and what companies are permitted to work with the public dealing with international trading and markets.

Learn How To Start An Internet Business

So my friend asked me the other day if there was any way he could get started working online without a website.

He hates his job and is looking for a way out, but initially he's just looking for some extra income.

It never occurred to me that someone would want to learn how to start an Internet business without a website.

I have several websites and one of them is for my "off-line business", I don't sell any thing on there but wouldn't be with out it, I've had it for many years and it's an essential part of my marketing for that business and yet that business (window cleaning) has become a millstone to me for some time now.

I have a decent income there and much of it is leveraged with staff BUT it takes a huge chunk of my time every day.

I really am trading time for money there and not enough money either.

It's funny I thought; I've been aware for years the importance of being on the Internet but only in recent months have I began to replace my income with a far more profitable business, then along comes Lenny (my friend), who is well and truly stuck in the 9 to 5 job trap, with no leverage on his income and no experience of working on line and asks me if I can help him learn how to start an Internet business.

As I was gathering some info. for him I thought I'd share it here as well.

A few examples of how to work on line without a website;

Affiliate Marketing:
Through pay per click (PPC) advertising you can sell other peoples products through their websites by driving traffic (potential customers) to those web sites,

Online Surveys:
Many companies will use surveys to research how people will react to their products and services.

 They pay for completed surveys.

eBay:
There's a name that every body knows. You can sell items from home on eBay.

Pay Per Action Programs:
You can join Pay Per Action Programs such as, pay per e-mail read, pay per sign up, or pay per surf.

There's not a lot of money in this one but you are only doing very simple things to earn some.

These are a few ways to earn money on line even without your own website.

If you learn how to start an Internet business with a website, even a one page web site, the multitude of ways to make money on line is far too vast to list.

I spent a long time trading time for money and not getting very far...learning how to start an Internet business is by far and away the best thing I've ever done.

Please contact me if you would like to know more about how you can have your own Internet business and how I could help you.

Rob Anderson is a professional internet marketer and trainer who helps others to ceate a very healthy income working on line.

10 Simple Ways To Make Money With A FREE Blog

Blogging has become very popular lately. People use them as journals, diaries, and/or sales pages...

There are 2 kinds of blogs. One kind is hosted on your own server/hosting account and is created by installing a script and then customizing the template and then adding your own content.

The 2nd type of blog is hosted by a service and all you have to do is sign up for a free account and start adding content.

If you have a budget that is very small or zero, and you are looking for a way to start making money on the internet, blogging is a great way to get started

. You can make money with a free blog by adding Google Adsense, and promoting affiliate products.

Tips and recommendations for successful of any Blogging

The following are 10 online safest techniques, suggestions and tips for Blogging

1. First think of your goals and your resources.

2. Go to http://blogger.com and open an account. It's free...

3. Once your account is open, create a new blog using your chosen key phrase as you Blogger
sub-domain. Select a template to use.

4. Set the Blog title to be exactly the same as your key phrase.

Create a description that contains your key phrase in it at least once.

5. Find affiliate programs for high-quality products in your niche. Create affiliate links for these products and insert them into your sidebar on the template where it says "Links".

6. Insert links to other blogs, related news, etc. at the bottom of each post using your key phrase somewhere in the anchor text of the link.

7. Submit your blog to as many of these blog and rss feed directories as possible.Use your key phrase in the title and at least once in the Description if you are able to enter one.

8. Go to http://yahoo.com and set up an account if you don't already have one. Add your RSS feed to your "My Yahoo" account as a news feed you want to monitor.

9. You will need to add RSS Beta to your My Yahoo content if you don't have it. For more info on how to do that, go here: http://my.yahoo.com/s/rss-faq.html and add it.

You will now add your blog into the RSS feed in my yahoo.

To do that, click on edit in the RSS feed section. Enter the url of your blog.

10. Go to MSN.com, create an account, and do the same. To do that, enter your blog URL with "atom.xml" appended to the end of it where it says "Search for content to add".

Get This Massive Collection Of 'How To' SEO Training Videos That Show The Easy Ways To Increase Your Online Profits, now: http://www.e-bestsellers.com/page14.html or Discover how to watch and learn while you sell; earn with this Massive Collection of Internet Business Training Videos: http://www.e-bestsellers.com/page12.html

You can find free content for your blogs at article sites.

 You must follow the rules outlined in the article site.

 This usually means keeping the author's contact information and links in place.

 Post another piece of private label content every two days.

 Search forums with related content - quote and link to pertinent information about your niche.

Copyright © Anne-Marie Ronsen

You have permission to publish this article electronically, in print, in your ebook or on your web site, free of charge, as long as the author bylines are included.

About the Author

Anne-Marie Ronsen is the author of many wealth and self development books.

Download FREE e-books from http://www.e-bestsellers.com, http://www.plrbestsellers.com or http://www.universalpublishingltd.com

-You will learn about the best tips and recommendations to improve your health, weight and wealth.
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