Is Classified Advertising Dead?

For more than a century, classified ad business was dominated by the newspapers. In the offline world of the days now long gone and forgotten, it was tremendously lucrative, accounting for a significant part of publishing business’s revenues. There were even numerous standalone classified ads publications, either free or paid, attracting both readers and advertising profits.

It all changed in 1995, on the eve of digital revolution. It was that year that Craigslist was launched. It is estimated that today, this online classified giant costs tens of millions to run, at the same time bringing hundreds of millions in revenue.

While online publishing has sucked dollars out from the pockets of offline classified publications, it was a good news for an average classified user. Since cost of publishing on Internet is very low, online classified advertising websites can afford to let users post, and reply to ads, without a fee.

The real problem with free classifieds today, for both the classified ads website owners and their users, is not the operating cost, but the issue of “getting found” among the myriad of free ads in the jungle that is the Internet today. And it’s a huge problem!

The solution to this growing problem of “getting found on the Internet” appears to elude even the most hardened Internet marketing veterans and offline advertising mavens. That led some to proclaim the death of classified ads business model. They were probably too quick to write them off, though.

Online ads certainly have some serious advantages over offline ones going for them. Not charged for by the line, they can be longer. Once posted, they usually go live almost instantaneously. Unlike their printed counterparts, they are searchable.

What can we expect from the classified ads in the future? Well, they are yet to respond to social, something that is changing the Internet before our eyes. Giving the ads a “social layer” could infuse a new blood into the old industry. One important advantage online advertising has over traditional, but hasn’t made a full use yet, is performance monitoring in real time.

In recent times, a growing number of new classifieds emerged, some offering hyper-local listings, while the other cover globally. Niche classifieds are offering everything under the sun, specializing in anything from business opportunities or personals, to boats or pets.

Despite the growing pains, online classified ads world looks like it’s thriving! Classified advertising has a long history, and it is definitely not still… history.

How to Make Money on eBay

One of the latest home business trends today is making money with what you already have, whether you have a product to offer or your own expertise. You may even be able to turn one of your favourite hobbies into a full time money making business. This is what eBay opportunity is offering for.

There are millions of people who make money on eBay each and every day and many of them became successful in this business venture. Thousands and thousands of sales are made each day, resulting in a lot of income for a lot of sellers. And there is still room for you if you want to get involved – whether you want to earn some part time cash or set up a whole new full time business on the side.

eBay is now the world’s online marketplace where buyers and sellers come together and trade almost anything. In fact, you can have a great time finding buyers to sell your products. It has become a great location for auction and trading.

But where do you get your stock from? How do you get started? And how can you build a business that gives you Power Seller status which is a highly prized among serious eBay sellers? Just relax – you’re about to find out.

It’s easy to get started making money on eBay. First, you need to sign up and once you have done that for your free account you can now experience a great way to get what you want to sell and auction off some of your personal items that you no longer want. You can also start buying stocks for you to resell but it is better to get some basic selling experience first.

The next thing you need to do is you’ll need to decide what kind of business you are going to build on eBay. Certainly, you can sell anything you like but if you want a name of yourself; it will help you to become popular by selling a specific type of item. It does not necessarily mean that your product area needs to be a small one; on the contrary it could be quite large.

There are lots of items that you can sell on eBay- plenty of these of items keep any seller going for months on end without selling the same thing. So you need to select a popular item to sell. It is worth doing some research by using eBay’s advanced search feature to find out what is selling and how much its selling for.

For example you may want to sell cell phones. There are lots of cell phones you could buy to sell on eBay, but if you don’t know which one will sell then you could lose money buying the wrong stock. That’s the reason why you need to search the ended listing on eBay so that you can see on which titles consistently sell well and which one will make the best profits for you.

When you already know what to buy, you need to know where you can get the stock from. The drawback here is that no sellers is going to tell where they bought their stocks. In order to find the best sources of stock that you need, you must know what the two sources of stocks are. These are wholesalers and drop shippers. Both have advantages and disadvantages but it depends on your personal preference.

What is the difference between wholesaler and drop shipper? Wholesaler means that a merchant middleman who sells chiefly to retailers, other merchants, or industrial, institutional, and commercial users mainly for resale or business use. If you choose this source you will need to have a room to buy the stock and the money to buy in advance. This comes with some risk since you could buy a stock that does not sell but with the tactic on checking completed listing before you buy stock before you order, the risk will be much less.

Another thing that you need to do in selling items on eBay is to build your feedback. This is an important part of being a good seller and having a good reputation from your customers. It sets you apart as being a reputable seller.

The final step is to know the price of the items you are selling. The best way to determine your bidding price is to conduct a search for similar items that are already for sale on eBay. Find out which items have sold and in what price range, and how many similar items are still in the bidding process.

That’s it! You are ready to make your first sell on eBay. But above all of this, remember that it can take a little time to build a successful business – but if you’re determined to achieve real success on eBay you will enjoy the journey.

For more FREE information please click on the link in the resources box below.

Dropshipping Pet Supplies – Always a Popular Niche

Thinking of starting a Dropshipping business but you’re not sure which nice to choose? Without any doubt go for starting a pet supply business because it is a very popular niche these days.

You may think twice “why a pet website niche?” This is because it is really a lucrative niche and widely opened to entrepreneur business as well. Once people get a pet at their place they will still spend money on them even if it’s recession time. Moreover, you will find great expansion possibilities in this niche. You can even drill down your Dropshipping business to favorite niches within niche of pets products like pet beds or clothing, or focus on cat products only, birds, reptiles, etc.

The process of opening a Dropshipping pet supply business can be very easy as long as you have a good wholesale pet supply source. Preferably you should have several sources in case one has out of stock products you can still order from your other sources.

There are many pet fans online that you can use to promote your business. You can also write a small blog about pets and link it to your website so pet lovers can read your articles and buy from your online pet website as well.

You can also join many online forums that specialize in pet discussions. Simply by adding a URL to your profile signature and actively responding to threads is sometimes just enough to spread the word about your new pet website. You can also use forums to inform others about special deals and discount coupons.

You can also focus your pet related website in any specific niche of your choice. By selecting a specific niche you can attract more customers by giving detailed descriptions and knowledge regarding those products. You can even consider having several pet sites that focus on different niches. Here is a list of popular items of pet supplies niche:

• Pet clothing: This includes pet sweaters, raincoats, coats, etc.

• Specialized products like crates, kennels, kitty condos, leashes, etc.

• Pet treats: this is a very hot selling commodity which includes all types of favorite food items of pets.

• Pet toys: People love giving toys to their pets to play. Start selling bestselling pet toys.

Fortunately starting a Dropship pet supplies business is not complicated at all. Most of the things are controlled by drop ship companies which you choose. But you need to ensure that everything is going the right way. If you want to create a nicely designed pet website then you can seek dropship products from the best pet suppliers that specialize in providing dropship services, meaning you only order the items from them once you sell them on your website which means you do not need to carry any inventory at all.

Once of these top pet suppliers is TopDawg. They carry over 11,000 pet supplies that you can resell online without an inventory. As mentioned before you should also seek other reputable pet suppliers to increase your product selection and avoid any single point of failures should your supplier experience any problems with their inventory.

8 Tips to Keep Your Business Costs Down

Every business owner wants to make money. That is why they opened their doors in the first place. No matter what kind of business they have, there are going to be costs involved in running it and bringing in clients.

High costs will bring your net profits down, this is a well know fact of business. The more it costs you to run your company, the less money you will make. But costs do not have to be high if you know some of the tricks to keep them reasonable.

1. Buy supplies in bulk. Your business needs things in order to run smoothly. Whether it is office supplies or parts for your production line. Most suppliers, if you purchase larger quantities, it costs less per unit.

2. Buy used equipment and furniture. You do not have to buy garage sale things, but you can find very nice, gently used equipment and furniture. Check the yellow pages for used stores.

3. Try renting or borrowing equipment you need in the short-term. Some businesses only need their equipment for a short time, making purchasing that equipment not cost-effective. Again, the yellow pages will have listings for rent-all stores that carry the kind of machines you need to make your product.

4. Auctions are another great place to find things you need for your business. There are many online and offline auctions where you can find equipment, furniture and computer equipment for a reduced rate.

5. Research other suppliers. Always be in the lookout for a new supplier for your parts or office supplies. If you are willing to do a little research, you can find a supplier with great prices and better quality. Also look for suppliers with lower prices for bigger quantities.

6. Keep a list of things you are going to need soon. Any time you are out at supply stores check your list. When you are viewing an online or offline auction, check your list. Be on the lookout for sales and discounts on the things you want to buy.

7. Networking with other business owners is a good way to cut costs. Not only might you find equipment you need, but you can sometimes find new customers for your business. Sharing your lists with a business that does not compete with you might give you a new customer base for your business.

8. Free and barter web sites. There are thousands of web sites dedicated to free, or almost free, things. Whether it is office supplies, furniture, or even a new delivery truck, you would be amazed at the things you can find for nothing or next to nothing. But a word of warning, always check anything you are going to get through one of these kinds of web sites before going through with a transaction. Make sure the person offering the item has clear title to the item.

The belief you have to spend money to make money is a real one. While business costs are a way of life, you do not have to spend indiscriminately to obtain the things your business needs to grow and flourish. Keep a close eye on what you spend your money on, and your bottom line will be stronger, and your profits more.

Clothing Wholesale Lots – Finding the Right Wholesale Clothing Supplier For Your Business

Finding the right provider can turn out to be a taxing undertaking if one doesn’t have the essential tools to assist them in the search. Buying clothes with bad quality can show the way to a terrible standing of your business which obviously not a good sign for your trade’s success. One tip on wholesale apparel is adding messages or logos on the items you have purchased. Ask for the brochures and price lists of their products.

You can be a wholesale supplier even if you don’t have to go out as often as you should be. International transactions are weighed and a delivery quote is provided. Salehoo is an example of a wholesale database. Wholesale trend clothing allows you to shop for garments for your boutique for a price that you will never expect from such fashionable designs. When individuals who are not too savvy on marketing on eBay try sell they just pick out a random item and cross their hands – hoping it works and gives them income.

Before, finding for a wholesale supplier who can supply you all the types of clothes that you would like to sell is quite a hard task. But with today’s world of technology you can effortlessly locate clothing wholesalers through internet search. If you are looking to earn a lot of cash on eBay then it is most crucial that you get the right item to sell. Get the one with positive comments from satisfied buyers. The advantage with this method is that you do not risk getting stuck with clothes that did not sell.

You can as well offer these products on auction sales like Craiglist or eBay to make even more cash. There you can find wholesale clothing for children that you can easily purchase online. These wholesale suppliers can be found on internets or in actual stores or boutiques. Entrepreneurs who sell on eBay or other online auction sites have obtained their goods the same way. As kids get older they tend to be more conscious with how they look and how their dress is accented.

In finding for a clothing wholesale supplier, another important consideration that you have to look at is its authenticity. There are numerous middlemen on the web who are trying to take your chance to earn huge amount of proceeds. These middlemen act as if they are a real wholesale provider telling you that you can purchase their products at wholesale rates, but the truth is that these products have been purchased by them from the real wholesale suppliers who gave them huge discounts. Be careful in dealing business through these middlemen and don’t let them win in this game.

My 12 Tips For Selling on eBay

My 12 tips for selling on eBay are designed to help you to make as much money as possible. It’s all too easy to make what many would regard as a minor mistake that could finish putting a sizeable dent in your profits.

Although my list is compiled with the home based business person in mind they equally apply if you are just clearing out unwanted items from home.

12 Tips for selling on eBay

  1. Always try to begin your eBay career by selling personal items that are superfluous to requirements. You will rapidly learn how to take and upload photographs, compose titles and write good descriptions.
  2. Items with brand names always sell better than unbranded ones. ‘Sony 50” TV’ is more powerful than just ’50” TV’
  3. Getting the title right is absolutely vital and could mean your item selling rather than that of the competition. Don’t waste characters on words that no one will search for. People rarely put in model numbers or adjectives like nice, beautiful, comfortable etc. But do include keywords related to the product if you have the space.
  4. Your description should be comprehensive. Include everything that you would like to see there including, colors, dimensions, weight etc. Be honest and use spell check.
  5. Find out what you should be selling for by filling in the search box on eBay with your item description, then click on ‘completed items’ in the left hand side bar to discover what they sold for.
  6. If you need to save space in the title bar there are abbreviations commonly used on eBay. BN – brand new, BNWT – brand new with tags, BNIB – brand new in box, BIN – buy it now and VGC – very good condition. Only use these if absolutely necessary.
  7. Be careful with auction ending times. You don’t want them ending in the middle of the night. This sometimes happens when listing in a country other than your own.
  8. It may seem obvious but don’t sell stuff out of season, barbecues in December – it happens!
  9. eBay sometimes has ‘free listing’ weekends watch out for these.
  10. I cannot advise on tax but remember if you are running a business on eBay you need to take professional advice.
  11. Feedback is everything. Do everything you can to protect it by giving outstanding service. If a refund is needed, give it quickly and with good grace.
  12. To advertise free delivery is a powerful marketing tool.

I hope you find my tips for selling on eBay useful, there are lots more but if you get all of the above right you will be well on your way to being the next eBay powerseller!

If You Own A Quickdrop Ebay Drop Store Franchise What Will You Do Now?

QuikDrop Says Goodbye…

In an article written by Ina Steiner of AuctionBytes.com this morning, it is reported that QuikDrop, one of America’s largest drop off eBay store franchises, is closing up franchise sales and support operations by the end of this month. The current franchisees (store owners) are free to continue store operations but will do so without corporate franchise support or software.

…at least one storeowner was worried over QuikDrop’s notice that it would cease offering the stores use of its proprietary software program on December 31. Bob Golub, owner of a Massachusetts QuikDrop franchise store, said he wasn’t surprised at news of the closure, but is worried about finding replacement software and learning a new program in such a short period of time. “We’re all scrambling,” Golub said. Excerpt by: Ina Steiner AuctionBytes.com

If you own a QuickDrop franchise what will you do?

Will you move on and continue with operations with newer and even better software provided by a third party like AuctionLogic (powered by AuctionSound)? Or will you try to run your consignment operations with eBay’s Turbo-Lister?

Services are available such as AccountingLogic which will help you convert your data from your existing software or bookkeeping software and import that data into your new listing software. Learning more modern web based consignment listing software suites is not nearly as difficult as QuickDrop store owners might imagine. Training is available through the software vendors or their consultants and in the end your costs will be much lower while your ease of use and efficiency will improve.

My advice would be to weigh the options and evaluate this change as an opportunity. QuickDrop may have given the entire franchise the best Christmas present possible. But shutting down the bleeding and operations they have given the franchises an opportunity to control their own destiny and run their business as they want to. The reduction in overhead will give each franchise owner breathing room to implement new advertising, website development, and eBay store upgrade options which were not available to them as a franchise owner.

Beyond highlighting the numerous valid reasons for avoiding the purchase of a eBay drop store franchise, as previously detailed in this publication… This development also brings to the forefront a business practice which I believe every small entrepreneur should avoid…

The dependence upon one company or entity to supply your business with all of its required software and branding and ultimately, income… is fool hearty. Throwing all of your proverbial eggs in one basket is unwise in any venture, to depend upon one company for software and branding is risky.

While this lesson is demonstrated very plainly by this latest QuickDrop development. The same lesson can be applied to the practice of placing all of your product sales in one channel such as eBay. It is unwise for any business owner to be so entirely dependent upon the stability, largess, or whims of another company. If you are only selling via eBay or if you have a franchise eBay drop store of any brand, you should take today’s news as a wake up call. Look at your operation and analyze where your income is developed. If your stream is one river then you should diversify. Find a way to sell elsewhere, look for other support options, review other software vendors…

Always look for ways to spread out your dependence upon other entities and your business will be more healthy and better able to survive when one vendor has a bad situation develop. Your business is not unlike an investment portfolio, investing all of your cash in one stock is never well advised…

Everyone in the QuickDrop family should thank the corporate offices for this decision. There are other software suites available which are more user friendly and have better support and they are available at less cost than the price of a franchise and royalty fee.

Congratulations to all of the QuickDrop franchise owners – you have been set free.

An Unusual Way to Get Rich – Create a Flea Market Small-Business Empire With Wholesale Products

FACT: Many people earn $1,000 per day (that’s $104,000 per year) just selling at flea markets and swap meets on weekends. (I’ve actually made more than that on some days.) Most people think we are just a bunch of poor folks trying to make an extra dollar, and that’s exactly what we want them to think.

What do we know that you don’t? What are our secrets? Can you do it?

Yes. Anyone can sell at flea markets and become wealthy…and I’m going to tell you exactly how right here.

Becoming a flea market vendor is easy and affordable. Your expenses will be the cost of your merchandise and space rent. Daily rent for an outside space can be as little as $5-$10 per day. Many people begin by selling used items and move into selling brand new items purchased from wholesale companies. New items outsell used items two to one and have a higher profit ratio.

Most people already have a table or two they can bring with them. I actually began my flea market and swap meet business with only $200 and a couple card tables I borrowed. I now earn thousands of dollars every month without fail. (Of course, the more money you have to buy merchandise, the faster your new business will grow.)

The key is to let your new business grow. Don’t kill it by taking all the profits out of it! I suggest that you have a job or another source of income to cover your living expenses for at least the first six months after starting your new business.

There’s an old adage in this business: ‘The more you have, the more you’ll sell.’ Believe me, it is true! Take that to heart and put all of your profits into buying more merchandise, so you’ll have even more to sell the next weekend.

Who do you think most shoppers will go to, the guy sitting there with four items on a single card table or three spaces across the aisle from him literally loaded with millions of different items? If you think you have enough merchandise, you don’t.

If you use your profits to build your business and buy more merchandise every week it won’t be more than a few months before your sales rapidly increase and you can begin keeping some of the profits for yourself without killing it.

If you live in a northern climate that is cold in winter or a southern climate that is hot and humid during summer, you might consider renting a space inside a flea market building. Yes, your space rent will go up a bit, but you’ll have the advantage of heat and air conditioning (comfortable shoppers spend more money), as well as a secure enclosure for your tables and merchandise during the week when the market is closed.

Once your first small business is running well, use the profits from it to open a second small business at the same flea market or swap meet, selling a different type of merchandise. Expanding is as simple as renting another space and hiring someone to run it for you. Again, your costs will only be merchandise and space rent and whatever you pay your help. (Be good to them and they will be very good to you.) Just as with your first business, put the profits back into your second business and allow it to build.

The profits from two small businesses will allow you to open a third small business with ease. Do the same as you did before and allow your third business to grow. Put the money back into it by purchasing more merchandise.

Then open a fourth, a fifth, a sixth small business at the same flea market. It’s not only possible but almost guaranteed that if you will do that you will create your own small business empire in less than one year and have a yearly income in excess of $100,000 after expenses.

If you just put the profit back into your first new business, it will grow without another penny out of your pocket. The profits will allow you to open a second, a third and so on. You don’t need a small business loan to get started.

Plus, you are not limited to just one flea market or swap meet. There may be other markets within 20 or 30 miles of you, where you can do the very same thing and multiply your earnings.

If you follow this simple yet effective formula it won’t be long before you can stop selling at flea markets yourself and just become a manager, overseeing your small business empire and stepping in to give your employees breaks.

Once you are making a very good income, consider other ways to invest your money to make even more profit, such as opening your own wholesale house and selling merchandise to flea market vendors and make even more.

Flea markets and swap meets are an excellent venue in which the average person may start their own small business and become wealthy by creating a small business empire.

The Web’s Best Online Auction Sites

The best online auction links for buyers and sellers are – not surprisingly – eBay, eBay and eBay. eBay began the entire wacky world of online auctions back on the Labor Day weekend of 1995. By any definition, this is one of the most successful sites in the world, and certainly offers the greatest number and variety of goodies for buyers. Generally, sellers make more money on eBay than elsewhere.

Sometimes, though, we might wonder about the future of eBay, because the sheer volume of goods for sale might bring this giant to a halt. Today, for example, there are 425,641 sports card auctions. Many of these are dutch auctions – meaning the sellers are offering multiple items. So the actual number of cards for sale is even higher than the gigantic list of auctions. If you are a seller trying to auction a few cards, and you aren’t really skilled in the business like Auction Genius Course students are, what are your chances of selling? Is it possible that in the future sellers might be looking for other options if they can’t sell their goodies?

Here are some of the best online auction links if you’re looking for life outside eBay:

Yahoo Auctions: (http.auctions.yahoo.com)

Being Yahoo, this is naturally the biggest competitor to giany eBay.

Amazon Auctions: (http://amazon.com)

Amazon was more serious about their online auctions in the past, but has added many more retail buying features in past years.

ePier Online Auctions: (http://epier.com)

One of the best alternative online auction links is ePier. These folks stuck it out for 2 years before making a profit, but are doing well now. As sellers, we can only cheer about the competition.

Bidville: ([http://www.BidVille.com])

This general online auction site is small fry, compared to the giants, but depending on what you’re selling, this might be a big advantage.

uBid: ([http://www.ubid.com])

uBid is one of the best online auction sites for buying multiple items for resale. Its claim to fame is “bid on brand names starting at $1”.

Bidz: ([http://web-1.bidz.com])

Bidz is the home of the “2 minute” auctions which are fast and lots of fun. Warning: it’s easy to get caught up in the auction fever of the moment and get carried away, so approach with caution.

These are some of the very best online auction links, but it’s by no means a complete list. The opportunities for online auction selling are truly staggering and smart sellers neglect no possibilities.

Boost Your eBay Sales Using Simple, But Effective Approaches

eBay is amongst the best platforms you can choose to use to sell your products on. But considering that there are thousands of other sellers trying to attract sales just the same way you are then you are better off approaching it strategically so that you are able to boost your selling rates. If you want to attract more traffic to your listings, then you must get it right when packaging and presenting it to your targeted market.

Marketing is not always a cheap affair and it therefore makes more sense to optimize eBay business in such a way that you are able to attract traffic and increase sales. Fortunately, this is not that hard to achieve when you know and take care of all elements that really matter. A few simple but effective steps are all you need to take to start selling more on the platform.

Build and eBay identity – Branding is what you should be paying attention to so as to gain the trust of your customers. When you are able to successfully build a brand around your business on the platform, you will be in a position to enjoy return traffic, repeat business and also benefit from referrals. Be professional and consistent with your brand so your customers are able to remember you and trust you. You can consider developing a logo for your brand; a professional designer will help you create the most suitable for your business.

Let your username be sensible and professional – The last thing you want to do is choose a username that does not make any sense to the customers or one that is too long or complicated to remember. Keep the username relevant to what your brand is all about and let it be short and easy to remember and type to attract more traffic. If you make it too complicated then you risk losing traffic that would otherwise have led to a sale.

Let your branding be consistent throughout your eBay platform – The good thing about eBay is that the interface can be customized. You can therefore take full advantage of the opportunity to leave a mark. Take branding all the way across, listings, eBay shop, ends of auction email and even checkout and payment mode. The more consistent and spread it is, the better it will be for you to create a name that can be trusted.

Mind your listing template – Remember that you will be selling online where buyers do not have the luxury of touching and physically seeing the items that you are selling. For this matter, you must make it possible for them to understand the exact product you are selling them by providing every relevant detail about it. The more reassured your potential buyers are, the higher their chances of buying are, hence you should never leave anything out. Let your listing be made up of high quality pictures of every item you are selling, full description, including dimensions and features and any damage present, return policy, accepted payments and postage costs.