7 Ways To Make Money As An eBay Middleman

            

#Business

Hey,

I want to use this medium to wish all Nigerians over the world a Happy Independence.  As you all know, Nigeria celebrated her independence on 1st of October, and she is 56. But then despite the gloomy economy situation in Nigeria, many business men are creating an opportunity for themselves to make money, not minding the recession period that Nigeria is witnessing today.

In the blog today, I’m going to discuss how someone can make money by tapping into online business as an eBay Middleman. The strategy of acting as a middleman in the wholesale business has been implemented by many entrepreneurs for a long time.

 The idea is to match buyers and sellers of wholesale products by acting as a facilitator. Wholesale middlemen can make money by marking up the merchandise, or by receiving commissions or referral fees.


 The same concept can be implemented in the eBay business. There are actually many ways that you can make money as an eBay middleman, in addition to simply buying and selling wholesale products.

 The first step is to understand that an eBay middleman is able to build a business because there are needs in the marketplace those needs to be fulfilled. Either those needs are currently not being met, or they are not being met in the best way possible.  There are situations where a solution might not be currently available, or at least an ideal solution, but often needs are not met simply because of a lack of information.

 For example, an eBay seller might be looking for someone to pack and ship his or her orders but does not know about the existence of shipping stores like the UPS stores.  Or an eBay seller might need an advanced order tracking software and is not satisfied with the available options for sale on the market. An eBay middleman will seek to make money by addressing these types of issues, as well as many other issues.

 There are many needs that eBay sellers will have in the process of running their online auction businesses. Take a look at these 7 ways that can give you the potential to make money as an eBay middleman.  Please check any regulations that might apply before implementing any strategy.

eBay Middleman Strategy #1
Provide wholesale products to eBay sellers:  You would search for products that you feel can sell really well on eBay. You would then contact eBay sellers and offer them those products.

 You would encourage sellers to purchase your products by showing them the research that supports the sales potential of those products.  You would make money by marking up the products when you wholesale them to the sellers.

 eBay Middleman Strategy #2
 Introduce eBay businesses to wholesale sources:  Under this strategy you would not actually buy and sell any products. Instead, you would simply introduce sellers to sources of products that are, or can be, popular on the giant auction site.

 You would make money by either receiving a finder's fee from the sellers, or receiving commissions or finder's fees from the wholesale sources.

 eBay Middleman Strategy #3
Search for software solutions that can help eBay sellers efficiently run and expand their businesses:  You might even consider contacting software developers and having them create programs that directly address the needs of sellers.  You can then make money by becoming a distributor for those software programs.

 eBay Middleman Strategy #4
 One of the challenges that eBay sellers run into is having enough space to store their merchandise.  You can contact warehouses and offer to market their available space to eBay sellers.

 eBay Middleman Strategy #5
 There are public warehouses that offer pick and pack services:  These public warehouses will receive merchandise on behalf of online sellers, inventory their Products, and then fulfill and ship their orders.

 For example, an eBay seller might purchase a pallet of brand name women's dresses. The pallet would be sent directly to the public warehouse where its staff would check the inventory of the pallet.

 The eBay seller would then receive a list of the contents of the pallet. The seller would then use inventory list to create his auction listings. Then as the seller starts receiving purchases for those dresses, he would send those orders to the public warehouse.

 The staff of the public warehouse would then pick out the dresses according to the orders that they receive, and ship out the dresses directly to the customers.

 An eBay seller could literally run his business from anywhere since he would not have to worry about receiving, storing, or shipping, the merchandise.  As an eBay middleman you could market the services of a public warehouse to eBay sellers. You can receive a commission or referral fee from the public warehouse.

 eBay Middleman Strategy #6
 You can provide referrals to professionals that eBay sellers will need in the process of running their auction businesses, such as accountants, photographers, and copywriters.

 You would make money by either being paid for the leads which you provide to the professionals, or by receiving a referral fee.

 eBay Middleman Strategy #7
 You can connect eBay sellers with liquidators that can purchase their unsold products. In the course of running their auction businesses they will be left with products that they cannot sell.

 You can introduce them to liquidators that will purchase their excess merchandise. You can make money by receiving a finder's fee from the liquidator, or by receiving a commission from the eBay seller based on the amount that the liquidator paid him for his merchandise.

 

Comments

  1. Just received a cheque for $500.

    Sometimes people don't believe me when I tell them about how much you can get taking paid surveys from home...

    So I show them a video of myself getting paid over $500 for doing paid surveys to set the record straight once and for all.

    ReplyDelete

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