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Seniors Can Make Extra Money On EBay

Under Make Money at Home

A common topic of conversation and underlying fear for so many seniors today is the uncertainty about having enough money to live through retirement.

For many, the definition of retirement is no longer assumed to be a point of time in life when you stop working and just kick back and play the rest of your life.

Some seniors think about retirement as a time to start a business they always wanted but never tried. For others, retirement may be simply getting increased time flexibility. The need to make money will be a key factor for many seniors well in their 70s. Income

Right now, the largest auction in the world for virtually anything you can think of is eBay. eBay was founded in 1995 and today, the company connects buyers and sellers globally in one of the largest online marketplaces with a presence on over 1000 websites.

And they facilitate the payment for goods and services through Paypal, also an eBay company.

In addition to Paypal, eBay products and companies include eBay Marketplace, Media Marketplace, Skype, MicroPlace Shopping.com, Rent.com and Stubhub along with a variety of online classified sales sites.

Whatever you wish to sell, eBay facilitates the sale in two ways. First, you can offer products through a silent auction, where users input the maximum price they are willing to pay and eBay automatically increases bids as necessary up to your selected maximum.

Or you can offer products through a “Buy it now,” system where buyers purchase items at a set price.

Most importantly, seniors can learn how to sell off lots of old stuff and make some extra money while those with more ambition and a little training can identify sources to sell all types of products over the internet from the comfort of their own home. Senior Living

Think of it…your own hours, no employees, very little overhead and the flexibility to conduct business anywhere you choose to live.

Since you will be competing with many other sellers offering similar products, it is critical that you learn how to:

• Locate and drive targeted traffic to your eBay web pages;
• Successfully get your prospective customer’s attention before your competitor;
• And execute the sale including collecting the money, and shipping the product;

You can take eBay on with trial and error but if you have limited resources, you should get the training and instruction to minimize problems and shorten the time to positive cash flow. Here are just a few of the critical things you should know to get started: Retirement

• How to properly set up an eBay account;
• How to research product niches that sell;
• How to find sources of products to sell;
• How to create an eBay ad that sells;
• How to use images and videos to increase sales;
• How to profitably sell electronic products;
• How to buy wholesale and resell profitably;

For more than 20 years, Karl Edmunds has been a noted author within the business and management consulting arena. As a senior, he now engages his curiosity and observations about life to write about key issues of importance to the growing community of seniors (Boomers), and the value of living life to the fullest every single day. Give me your comments and suggests at http://For-Seniors.org or http://plan-retirement.org

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