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Top 11 Online Money Making Methods

Intro to SWOOPO

Summary - 5 Key Tips:

1. Use a site with plenty of traffic relevant to your product. The more popular sites you can use are eBay, Yahoo Auctions, and Amazon Auctions. eBay is more expensive than the other sites, but chances are you’ll sell your product relatively quick because of the higher traffic levels.

2. Build your feedback by buying the things you would normally buy and selling things you don’t need from around your home. Higher positive feedback shows buyers that you’re a trustworthy seller.

3. Observe the items you listed that sold at a good price. As you already own these items, you already have knowledge about them. You may know how to buy these items at a discount as well as how to recognise a good deal when you see it.

4. Use your personal expertise to your benefit. A writer can sell resume services, business plan services, or educational booklets. An artist can sell commissioned portraits or non-commissioned art. A collector can browse estate and garage sales and get low cost items in their area of expertise.

5. Do not cheapen your items by selling too many of the same thing. For example, if you should come across a box of 20 Incredible Hulk posters from 1975, do not list them all at once. Buyers will pay more if they believe that they are getting a rare item. Spread the sale of these items out over a year and you’ll probably have a dramatic increase in profits

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