Ebay’s Largest Store Owner

Have you ever wondered who owns the biggest ebay store? The powerseller, Buy, has 867,112 successful transactions and is listed on eBay as the largest store there. Upon further research through the help of Google Maps, you can see that the address listed for this seller is in California and is located in the buy.com building.

The powerseller, Buy,  is actually a  leading e-commerce company that has been in business over 10 years and has over 11 million customers.

They carry millions of products in categories ranging from sporting goods, computer hardware and software, cellular, electronics, movies, music, books and more.

At their website, they even list their most searched for items: 16GB Flash Drive, 1tB external hard drive, 32gb flash drive, Cordless phone, Ipod touch, Micro SD Card, USB flash drive, cordless phones, external hard drive, iphone, iphone 3g,iphone 3gs, ipod classic, ipod nano, micro sd,  microsd, netbook, netbooks, nintendo ds, ps3 refurbished,  sansa sd card, sdhc, slingbox, webcam, wii, wireless router,zune, zune hd.

The www.buy.com website is ranked by Alexa.com, a web monitoring site, as number 238 in the United States. The lowest numbers indicate the most popular sites. There are some bad reviews about this site on Alexa, but eBay seems to have nothing but positive feedback for them. Apparently their customer service is outsourced to India which causes problems for United States customers.

Buy.com has been listed by Internet Retailer as one of the top 100 retailers on the internet. Apparently the top 100 retailers are responsible for 55.3% of retail web sales.

Amazon.com is the leading retailer on the net with $19.2 billion dollars in sales. Internet retail selling is here to stay. People are becoming more and more comfortable ordering online. How comfortable are you with online ordering?

View Buy’s Ebay Listings

10 Tips For Making Money on Craigslist

By now you have probably heard of one of the nets’ most dominant classified ad websites; Craigslist. It makes no difference whether you are purchasing goods or selling goods, Craigslist is vital for any entrepreneur looking to make good money. First before you choose to surf the net and make money on Craigslist, you need to understand that there are a few critical guidelines to follow to help you become successful.

Why? If you don’t have the proper knowledge about Craigslist rules you might be blacklisted or banned. What am I going to share with you are the things you must know in order to learn how to make money on Craigslist and to use it in the right way.

Step 1 – Categories

You must advertise or sell items in the correct category. In case you don’t know, items posted on Craigslist are easily sorted by search engines and people surfing the net can view your listings when they are placed in the proper category.

Step 2 – Headlines

Create attractive headlines. This will be the main appeal of your ad and this will be the first thing that will attract the attention of your buyers. Write attention grabbing words and list a reasonable price for the items you are selling.

Step 3 – Use Photos

Post pictures. Listings that have pictures are easily getting noticed. Add as many pictures as possible to give the buyer a good understanding of what you have for sale. Pictures are worth 1000 words.

Step 4 – Respond Promptly

Don’t procrastinate your responses to inquiries. Respond to your inquiries as soon as possible. Remember that all inquiries are from potential buyers. Lastly be sure to follow up with your customers so that you can sell quickly.

Step 5 – Don’t Duplicate

Please don’t duplicate your ad. Craigslist can easily notice the same ad being posted multiple times and might consider it as a spam. You can be blacklisted permanently if you don’t stick with the guidelines.

Step 6 – Get Notified

Stay current with the new listing information you are interested in by using software such as AdNotifier.com. This program sends you automatic updates and messages every time a new ad is advertised in your category.

Step 7 – Resell Products

Purchase low cost items and resell them. This is so big since the resale industry is fast growing. If you have the skill for buying goods and reselling them at reasonable prices then Craigslist is a good match for your needs to start a business.

Step 8 – Use Links

You may create links in your ads. Like perhaps a link at eBay or your personal website easier to create access to your item. This will increase your chances for additional sales and possible upgrades.

Step 9 – Use HTML

Maximize the use of HTML in your ad to direct buyers to your link. This will help the buyer to get additional information about your products and services. Craigslist uses basic HTML which is not too difficult and can be learned at w3schools.com.

Step 10 – Use RSS Feeds

Use RSS feeds to stay current. When you find the search results that you are most interested in, scroll to the bottom of the page and in the right corner you will see the words RSS. Just click on that and you will get the link that you can bookmark to easily see what is current on that search. The nice thing about this is that you can see all of the ads in that category without opening up individual links.

Spend some time learning how Craigslist works. This means you’ll want to investigate what is selling in different parts of the world. Read other people’s ads and get some ideas of what you might want to do.

Of course nothing is easy at first. You need a lot of patience and hard work for your business you grow. I hope that these guidelines will help you with your money making endeavors.

Here are some good articles about Craigslist that you might enjoy.

• Interview with Craig Newmark, Founder Craigslist – Craig Newmark talks to us live at the Inman Real Estate Connect conference in NYC about what’s up with Craigslist these days. Craig discusses why they started charging for rental ads in New York, how he fights spam listings and what his …
• Craigslist Vs eBay | I’ve Paid For This Twice Already… – I had a comment last week on one of my older posts about selling items on Craigslist asking me what I thought about Craigslist and …
• How to use Postlets to Improve Your Craigslist Posts – There are quite a few features that Postlets offers, some fee-based and some free. com does most of the work for you. However, in relation to my previous post, I’ll also show you how you can create the illusion of an embeded YouTube property video.
• Save Money on the Web – I’ve mentioned before that I’m a software engineer living in Silicon Valley. Such an occupation forces you to stay alert with all the technology advantages in.
• Wired.com: Our Craigslist – The cover story for the September 2009 issue of Wired takes a look at the current state of Craigslist and the challenges it faces as it continues to evolve. In a sidebar, the magazine’s amazing art director Scott Dadich invited several …

Incentives Increase Profits

During this staggering economy, businesses are brainstorming for ideas that will result in sales. They are looking for ways that will help their business grow instead of head in the direction of failure. A business idea to help head in the path of success is to offer incentives to your current clients or incentives to lure new ones in. These ideas that will help increase your profits include offering coupons, referral rewards and points to use toward future purchases.

The first way you can encourage consumers to spend more within your company is to offer coupons. Buyers are looking for the best deals they can spend their money on. Coupons can be distributed to current clients through an email and can be used to draw people in to make purchases. A great way to promote these coupons to entice people to spend is to advertise them through means of social networks. Posting a link to your website with a coupon code offers exclusivity to those who are part of that network. This also drives traffic to your website which is generally good for brand exposure and profit.

Another inexpensive practice is to allow your current consumers to assist with your company’s marketing with referral rewards. An award of $10 for any person someone refers who spends $50 or more can result in high profits. This will persuade your current shoppers to outsource to their networks to build these referral rewards so they can receive the discount off their next purchase. This keeps the current consumer spending their money as well as the people who they have told your business about.

Handing out a compensation of points to a buyer makes them feel like they are getting a deal for what they have purchased. Different point levels for store discounts will encourage clients to purchase more to gain the excitement of working towards something that will be discounted. This also gives them the feeling of reassurance that their money is being well spent. Just think of popular points programs like Air Miles; many people will shop where they know these are offered.

These three types of incentives are inexpensive ways to get the buyers of today to start and continue spending money with your company. They will also help you stay competitive, while running a successful online business.

Article Source: By Karl Kleimeyer

Karl Kleimeyer is a business coach and mentor that assists serious entrepreneurs in building a profitable online business with multiple incomes streams. Karl and his team have assisted hundreds of people in generating profits that exceed $250K or more in their first year. For more information and to contact Karl, visit: http://ForeverWealthNHealthCreation.com

Zoobie Pets Sales Over One Million Dollars

Reed Smoot and his brother JC had a great money making idea that led to creating a line of products called Zoobie Pets that are sold in more than 30 different countries and over 1,000 stores. These brothers noticed that the toddlers in their family liked to carry blankets and pillows with them everywhere they went and so they used that idea to create cute fuzzy zoo animals that each has a blanket inside of it. So toddlers can carry a cute animal toy that is also a pillow and blanket.

Reed, 29, and JC, 26, of Provo, Utah, started the company with Ryan Treft, 26.  They became extremely successful entrepreneurs. The first year of sales for their Zoobie Pets reaped over one million dollars in revenues. Who would know that catering to the toddler community could be so lucrative.

What made them successful?

1. They had a clever product that was unique and appealing.
2. They attended a Toy trade show in 2007 and received orders from over 100 stores as well as signing up several international distributors.
3. They limited their sales to high-end stores like FAO Schwartz and Harrods.
4. They only allowed purchases in container loads so that the distribution system was controlled.
5. They adhered to safety rules in manufacturing their products
6. Reid Smoot actually moved to Shanghai, China to oversee manufacturing of their toys.

These Zoobie Pets sold well last year and are predicted to be very popular Christmas presents for 2008. What a great money making idea by some very young entrepreneurs.

Facebook Used to Make Money Online

Brian Campbell made $25,000 in 21 days on Facebook

Brian Campbell made an initial claim on his Facebook page that he could make $10,000 in 37 days.

 Well, he surpassed his original claim and made $25,000 in 21 days. He decided to pay it forward and gifted John Chow $10,000. 

So, how do you make money using Facebook?

To begin with, sign up for an account and learn how to use various applications of Facebook to reprint your website blog feed, find and communicate with friends, post videos, provide valuable content to your visitors and provide leadership to anyone who wants to improve their financial condition. 

History of the Development of the Facebook Website

In 2008, Forbes Magazine declared the founder of Facebook, Mark Zuckerberg, 24 years-old, the youngest self-made billionaire on earth with an estimated net worth of $1.5 billion U.S. dollars. Described as a young geeky computer programmer, Mark is the mogul who is guiding the extrodinary growth of Facebook.

In 2006, Yahoo offered to buy Facebook for a billion dollars, but Mark Zuckerberg declined. Microsoft then made him an offer of $240 million dollars to gain 1.6% of the company. Based on this information, some analysts came to the conclusion that Facebook is worth $15 Billion dollars. Not all analyst agree on that valuation. 

Mark Zuckerberg is not new to the field of computer programming. He wrote his first software program in the 6th grade. In high school he was approached by both Microsoft and AOL due to a hacking project he was involved in. He decided to go to Harvard University instead. 

He built the original Facebook site in two weeks, while attending Harvard. Within a short period of time, more than 2/3 of the student body at Harvard was using the program. Within four months they had launched the program to over 40 colleges. He expanded Facebook to be used in high schools and then in 2006, he opened it up to the public. 

Facebook now has more than 700 employees, has hired a lawyer, shares more than ten billion photos, has 100-million-plus users and is connecting people with each other like they have never been able to connect before. 

Facebook Helps Entrepreneurs 

It has been said that marketing in 2008 begins with conversations and what better way to have conversations with people than being an active member of the Facebook community? People around the world are using Facebook to connect with each other for social purposes and that provides the ultimate medium to network and share your personal recommendations for a huge variety of products and purposes. What kind of marketing system can you create on Facebook?

Watch the interview with Mark Zuckerberg on 60 Minutes here:

Entrepreneur Profit Maker

Salt Lake City, Utah was the host to a large Gem and Jewelry show where hundreds of entrepreneurs gathered to sell their jewelry and gems to eager crowds.

I interviewed one entrepreneur profit maker, Pradeep Pradhan and asked him what he liked about selling his jewelry at the Salt Lake Gem and Jewelry show. In the amatuerish video (I will get better at this), Pradeep tells us about his best money maker.
Read more

Nine Million People in the United States are Millionaires

According to www.cnbc.com, some of the nine million people feel poor.  They are the “middle class” millionaires.  Laurel Touby, a successful internet entrepreneur, who recently sold her website www.mediabistro.com for $23 million could be one of them. She tells CNBC that she is not that rich.

Money Making Idea

She wanted to build a website to include a community for the media where there were job listings, bulletin boards, classes,  and a freelance marketplace.  She raised money for her website by hosting parties where she invited editors, writers, and other content creators.  Her parties went on and on and her contacts grew to thousands. Now, her website is worth $23 million, with an Alexa page ranking  of  5,275 , which means that the number of visitors she gets is within the top 100,000 most popular sites in the world. There are  2,745 websites linking to mediabistro.com.

She sold her website in July of 2007 to Jupiter Media. She called her rich friends to see what they recommended she buy with her newly acquired wealth.  When she was told to invest in a jet, she laughed and thought that if she did that, her money could be gone in an instant.

See how the really rich live

According to CNBC.com, a financial news site,  ”In 1985, there were 13 billionaires in the United States and today there are over 1,000 billionaires.” CNBC has a special page devoted to videos and information about the investment bankers, hedge fund managers and private equity partners who make up the .001% of our population.  What toys do they play with? Perhaps a Rolls-Royce, Ferrari, or Dusenberg would pacify them? Find out how many cars Tim Durham, a 45 year old financier from Indiana has in his garage.

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