Monday, March 3, 2008

Secrets Of Selling eBooks On eBay

In the recent years, eBay has turned out to be one of the most popular websites and ranks 19th amongst the most frequently visited sites on the internet. It boasts of registered users whose numbers runs into millions from all over the world, and hence, eBay has a huge potential as a market for not only digitally delivered products but for information products like eBooks as well. However, the secret to successfully selling an eBook on eBay lies in adopting an entirely different business strategy than what information entrepreneurs usually adopt. It is possible to make huge profits by merely selling eBooks on eBay, provided that you do it in the right way. The low prices of eBooks are due to their being sold only at 99 cents and after the pay pal fees, the rate drops down even lower, leaving the eBook seller with hardly any substantial margin of profit. Thus, a vast majority get discouraged and quit and many others do not attempt to sell eBooks or any other information products at all. However on the other hand, there are numerous other top eBook sellers who rake in significant profits by cleverly implementing other successful business techniques. The problem of selling on eBay arises due to the fact that there are numerous listings of eBooks with resale rights. And usually most of them contain information about how to make money from online businesses. Since, a vast majority of these eBooks with resale rights have been sold time and again to over thousands of people, now the only way left to sell them is at a lower than nominal rate of 99 cents. Thus, these types of eBooks do not in any way help you to earn on the internet. Moreover, they also include the link to the person who initially developed it. The best way to reap higher profits by selling eBooks is to develop one of your own. Creating your own eBook not only lends it your personal touch, but also gives that much needed cutting edge over your competitors. Try including valuable and useful information in it that will be helpful in improving the quality of life. Create an eBook on a subject that captures the interest of the target traffic. Develop the content along the lines of your expertise, knowledge and skills. And most importantly, remember not to sell your eBook with any resale rights. In case you intend to buy the resale rights or again publish an eBook, it is essential that the information covered in it is useful to people. It should be a good book in terms of the information provided and necessarily focus on a subject that people seek knowledge about frequently. Want to know more? John Thornhill trades on eBay under the username planetsms and constantly earns over $1000 per week on eBay on autopilot. To see how he does it visit http://www.planetsmsblog.com/

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