Thursday, January 3, 2008

eBay Promotion for New Sellers!

Friends,

Now is the time to get a new account with eBay. I will, in future posts, discuss the benefits of multiple eBay accounts for business or personal reasons. Suffice it to say, it's time to get signed up!

From January 3, 2008-January 9, 2008, eBay is giving away 3 Free Insertion Fees and 3 Free Gallery for New Seller. This is a great opportunity to get a new account set up and get a few feedback on it with free listing! (http://pages.ebay.com/promo/firstlist2008/)

One of the best reasons to have multiple userid's with eBay is to seperate your buying and selling account on the site. As you use PowerSellerNow tactics and sourcing options you will begin to see the need for seperation of buying and selling. I mentioned that I would go over this in the future but hey, why not go into it now! The reason for seperation and multiple accounts is for record keeping. An eBay business is just like a brick and mortar business...you live and die by knowing where your money and inventory is at all times. I've seen so many eBay accounts, even Power Seller accounts, that tell me and feel like they are making a ton of money and have eBay figured out...until all their 0% credit card balance transfer offers come due and they don't have the money to pay. You show me a company that is new, hot, overpaying employees and spending on non essentials, and I'll show you a company that is close to going under....same with eBay.

Use an account to purchase inventory, a seperate one to sell. Use a spreadsheet to track your profit and your costs and don't let your eBay summary that shows all the product you've sold to go to your head.

I have added a couple of links on this page to sign up for eBay accounts. It helps me if you click on those to get a new account. Don't forget to visit www.ebangels.com for more great tips!

Thanks,

Powerseller Brian

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