The banning of the sale of digital products on eBay has led to many online marketers abandoning the use of eBay as one of their revenue streams. Other factors to this abandoning of eBay include some policy and fee changes which were heavily opposed. Still, flexible marketers are finding that, by adapting their approach, eBay still represents opportunities for making money online.
Smart sellers found that while the direct sale of digital products was no longer possible, there is a way to work around it. What they did was to put one or more digital products on a CD or DVD and physically ship it out to customers. Doing so meant that not only could they continue to sell the products that they wanted to, but also that they could sell them for more, on the basis that physical products are perceived to be of greater value than digital ones.
To save time from having to package, label, and ship every CD or DVD you sell, the best thing to do is to use a fulfillment company. These companies will basically package your CD or DVD up with a cover that you provide, and they’ll ship it out to your customers for a flat fee. For each disc that you sell, you could easily make a few dollars in profit.
Turning digital products into physical ones also allows you to include various bonuses and upsells on the discs that you ship out. Adding unannounced bonuses will create value and make your customer happy. You could try sending them to a website where they could buy additional products from you. Better yet, you could send them to a squeeze page where, upon completing an opt-in form, they would enter your email list.
An alternative approach to making money on eBay is through dropshipping. It works like affiliate marketing in that rather than selling products that you physically stock, you instead sell products that belong to someone else. Having decided upon which of the many dropshipping companies to use, the rest of the process is easy to follow through. You simply list one of the dropshipper’s products on eBay and, when it sells, submit an order to the dropshipper for that product, providing them with the customers details as you do so. The great thing about this business model is that it doesn’t cost you any money out of your pocket. You only pay the dropshipping company’s cut out of the proceeds of the sale.
Using the dropshipping method of making money on eBay, you can sell virtually anything. From the latest high end gadgets, to fitness equipment, to cell phone accessories, you will be sure to find a number of products that the market is desperate to buy. Since you are paid a cut of each sale, selling larger items would give you a larger profit margin. However, smaller items are more in demand, so you will probably sell more of them.
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