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Mastering the Recession; Entrepreneurial Strategies for the Good and Bad Times

Entrepreneurs who have owned their business for very long have learned to appreciate the impact the national economy can have on the business, even at a local level that seems to be in relatively good shape in comparison.

The track the economy will always take goes up and then comes down, and then back up, with the optimism of good times followed by the pessimism of more challenging times, and back up again, leaving the entrepreneur with greater challenges to successfully operate during economic downturns.

eBay Tips of the Month - September

What shouldn't be in my auction listing?

Try not to make the listing so busy that it becomes a distraction, and takes away the buyers attention from the item you are trying to sell. Also, background music, large or dark backgrounds, animated images, and huge pictures of the item for sale can take a long time to load on most computers, and buyers in general as often too impatient to wait. Keep in mind, if the listing is too busy visually, most buyers will find it difficult to figure out what the offer is and might move on.

eBay Tips of the Month - August

How can I end my listing (auction) immediately?

If needed, you can end your listing before the scheduled end date. If there are bids on your item, you can cancel them.

Reasons for ending listings early include:

• The item is no longer available for sale.
• There was an error in the starting price or reserve amount.
• There was an error in the listing.
• The item was lost or broken.

Timing Matters

When there are 12 hours or less remaining and the item has a winning bid, including a reserve met bid, sellers cannot make any changes to the listing, including:

eBay Tips of the Month - July

What can I do when I sold an item and have not yet received payment?

If your buyer has not completed the sale, here is what you need to do:

1. Contact the buyer.

Buyers like anyone, can have emergencies or computer problems, and may not be able to respond to you right away. If the buyer doesn't respond to your email, you may want to request their contact information from eBay and give them a call.

2. Send a payment reminder.

Send your winning buyer a friendly payment reminder between 3 and 30 days after the listing closes.

3. File an Unpaid Item Dispute.

eBay Tips of the Month - June

How do I know that an email is really from eBay?

The best advice is to always be cautious, especially when you get a request for personal information. The email is probably a fake, a “spoof”, or “phishing” email, and the people who send these types of emails hope you will reply or click on a link contained in the email and then provide them your personal information including social security numbers, credit card numbers, and passwords.

eBay Tips of the Month - May

Are those extra-charge feature options worthwhile?

The answer depends on what you are selling and the kind of buyers you want attracted to your listing. The less unique your item is then the extra options are less important; just remember these features are designed to increase exposure of your item by making it stand out when potential buyers are looking at lists of auctions to identify items they are interested in.

eBay Tips of the Month - May

What items should I sell on eBay that can make me a lot of money?

This of course, is one of the most popular and frequently asked questions by anyone interested in selling items on eBay. First of all, you need to examine your personal resources and ability for obtaining merchandise, make a list of the items you can easily obtain, and then research, research, research the items by searching eBay’s closed auctions, commonly referred to as “Completed Listings”, which can be selected through the “Advanced Search” feature link next to the plain “Search Button”.

eBay Tips of the Month - April


Tip of the Month

Should I Set a Reserved Price?

eBay Tips of the Month - March

Tip of the Month

When is the best time to start/end an auction?

Home-Based Business Phenomena

There has been a business phenomena quietly taking place the past 10 years: home-based businesses.

Approximately 13.2 million U.S. businesses are being run from home. Why? Because of the availability of cutting-edge technology, entrepreneurs are realizing they don't have to sacrifice family and productivity to profits in the process of successfully operating a business.

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