Entrepreneur Secrets: Who’s the next Jeff Bezos?

February 19, 2017

By Jerry Bellune

 

You know Jeff Bezos’ amazing Amazon.com story.

He started selling books online from his garage.

Amazon made him a digital billionaire retailer.

Now teenagers are following his lead.

They sell teen stuff to other teenagers online.

 

Laura Rose started selling her own clothes online.

She profited by getting rid of unwanted garments.

Her first sales netted her about $40.

She’s now made over $60,000 on eBay to pay for:

  • Her university education.
  • Three luxury vacation trips a year.

She’s been to Italy, Spain, France and Holland.

She’s a third-year business management student.

Her friends may envy her success, she says.

They don’t envy the time and effort she puts in.

 

Here are her 10 tips for selling on eBay:

  1. Sell by auction format starting at 99¢ or less.
  2. Sell only good quality used items.

You don’t want complaints or negative feedback.

  1. Make your subject lines enticing.
  2. Use well-lit product photos on plain backdrops.

Or photos of you modeling an item yourself.

This gives buyers an idea of how it will look.

  1. Offer your items at peak viewing times.

After school or work and evenings are best.

  1. Build a reliable seller reputation.

Buyers will talk about you, Make it good talk.
Search engines will help if they get no complaints.
To build a positive online reputation:

  • Solicit feedback and act on all complaints.
  • Track your sales and where they come from.
  • Respond quickly by packing and mailing orders.
  1. Offer free postage as a sales incentive.
  2. Never offer anything you’ve already sold.

You can’t afford to disappoint your buyers.

  1. Mail when you promise – or sooner,.
  2. Don’t fret if items don’t sell for all you hoped.

It’s a competitive market, Don’t be disheartened.

 

Next: How would Donald Trump run your business?

 

Special offer for MidlandsBiz.com readers:

A free one-year Marketing Ad-Visor subscription.

This is a $49-a-year value with my compliments

To start it, call Ashley or Rose at 359-7633.

 

Want to share this with a friend? Be my guest.

We only ask that you tell them where it came from.

Invite them to send me their email address.

They can reach me at [email protected]

I’ll email this strategy letter to them each week.

©2017 The Bellune Company, Inc

 

Neither MidlandsBiz.com nor The Bellune Company, Inc. makes any warranty as to the results that may be achieved from using this information. ©2015 The Bellune Company, Inc. All rights reserved. Requests for permission to reprint or circulate may be obtained by emailing [email protected]