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Thursday, September 07, 2006

How To Create An Automatic Profit Machine By Selling Ebooks on Ebay - Cheryl Goh

Since the launch of ebay's new digital download feature, selling information products i.e ebooks and sofware has never been easier. Although I first started out selling physical products on ebay I now sell only ebooks and since I started less than two weeks ago I've been able to succesful create an automatic money machine. Everything from the payment to delivery is fully automated. All I do to keep this running is check emails occasionally and reply to buyer queries.



Profiting on ebay by selling ebooks can be broken down into 3 very simple steps:



1) Assess demand (find out what people want to buy or are presently buying)



2) Get the product/s



3) List your product on eBay



This is exactly what I did to make money on ebay selling only ebooks.



How did I assess demand? eBay has a tool called ‘Marketplace Research’ that allows you to conduct research on the top eBay keyword searches. Using this tool you can determine what buyers are searching for. I signed up for this tool and looked up some keywords in various categories. I then compiled a list of some of the top keyword searches.



I then had to determine if digital products related to those keywords were profitable. I did a quick search on eBay to see how many people were selling digital products related to the keywords I was after. I also had a look to see if these products were selling well. I now knew what digital products were profitable and my next task was to source for these products.



I didn’t want to go out and develop an ebook myself and I didn’t want to pay a ghostwriter to write one for me either. It would just take too long! All I did was search on Google for the ebook I was looking for with resale rights. Out of my list of 4 ebooks that I was looking for I managed to find 2 with resale rights. I bought these books and immediately listed them on eBay. I now sell 5-7 ebooks per day on eBay.



It was quick and easy for me because I knew exactly what would sell based on my research. That pretty much sums up the 3 simple steps.




Learn in more detail exactly how I started making money selling ebooks on ebay within a few weeks. In fact I actually sold 3 ebooks on my first day. Its simply a matter of knowing what sells.



Please visit my blog at http://webbiz.wordpress.com/tag/making-money-on-ebay/ and read all about how i did it.



Article Source: http://EzineArticles.com/?expert=Cheryl_Goh

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