They have dropped the price on this very popular product by an astonishing $200! That’s a savings of 40%! For the low price of $299, you now get lifetime access to their list of over 8,000 pre-qualified wholesale suppliers that are ready to do business with you, the online retailer. They are constantly updating this directory so you always have the latest information.

Also, for this new low price, you are getting access to their Market Research Tool that shows you what products are in demand and the competition for the products you are interested in selling.

Finally, you also get membership in their eBiz Education course which gives you 19 videos with corresponding workbooks, all to help you be a better online seller.

If you are looking for the best source of product wholesalers and drop shippers that money can buy, then you need to take advantage of Worldwide Brand’s new, lower price for their wholesale directory.

Get instant access to Worldwide Brands Directory now for the new, low price of $299 by clicking here.

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For a long time, we have talked about how finding reliable, as well as legitimate, product sources is one of the hardest parts of being an online retailer. Whether you are selling on eBay or have your own online store, you face the same challenges when it comes to product sourcing.

Worldwide Brands is the industry leader when it comes to finding legitimate wholesale and drop shipping companies. A lot of places on the Internet will claim to give you true product sources, but Worldwide Brands actually delivers. So when they write an e-book on product sourcing, it is definitely worth a look.

You may download your FREE copy of this product sourcing e-book by clicking here. You will need Adobe Reader to view the PDF file. If you do not already have this installed on your computer, please visit www.adobereader.com and download a copy of this free software.

Product sourcing is one of the most difficult and important parts of being an online retailer. Learn what you can do to better find those elusive sources of product by reading this FREE e-book. Product sourcing is a never-ending journey, so any help is always appreciated.

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The good news is that there is an easy way to find reputable wholesalers that will sell to online retailers. That way is the Worldwide Brands Directory of wholesale suppliers.

Worldwide Brands specializes in finding wholesale suppliers that will deal with the online retailer. This means that they feature both dropship wholesaler companies and suppliers that will send you the product so you can sell and ship it on your own.

They also feature suppliers that allow you to purchase in small quantities so you don’t have to have thousands of dollars tied up in product from one supplier. Heck, if you go the drop ship company route, you don’t have any money tied up in product.

We have been using Worldwide Brands for several years now. They are the real deal, putting you together with wholesale suppliers who are happy to do business with the online retailer. Trust us, these suppliers are harder to find than you think.

We recently wrote a Worldwide Brands Review, showing how their wholesale supplier directory can benefit the online retailer.

We highly recommend Worldwide Brands if you are in need of a good source of genuine wholesale suppliers. Why don’t you read our Worldwide Brands Review today?

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Previously, you were required to sign up for our newsletter in order to receive this extensive 58-page e-book. Now, all you have to do is download it, with no sign-up required. It doesn’t get any better than this!

We hope that you enjoy reading our e-book on how to make money on eBay. You are bound to learn something. So please, take some time to download and read it.

You may download this great e-book by clicking here. Again, it is absolutely free! You don’t have to give out your email address, or any other personal information. All you have to do is download it. It’s that simple. Really!

Now you have one more tool for your personal use in your quest to learn how to make money on eBay.

Happy reading!

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For those of you who are not familiar with Worldwide Brands, they are the preeminent company on the Internet to find wholesale sources. They tell you how and where to buy the products that you need to sell on eBay in order to be a success, especially if you are interested in eBay dropshippers. In other words, they really know what it takes to be successful on eBay, especially in trying times.

We highly recommend that you check out this FREE video series to see how you can learn how to sell on eBay, even in a down economy. You can view the series by clicking here or on the image above.

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We have done our best to analyze and give you our thoughts on the 2008 eBay changes, and how we feel they will affect your ability to sell on eBay. Let’s run down what we have covered up to this point:

• The eBay feedback changes, which is one of the biggest, most controversial changes.
• The eBay PowerSeller program changes.
• The eBay Safer Payments Policy.
• The changes to the eBay Search Visibility/eBay Best Match search results.
• And we also touched on the eBay Sellers Strike that was a direct result of the 2008 eBay changes.

To wrap up our discussion on the 2008 eBay changes and how they will affect your ability to make money on eBay, we are going to talk briefly about the upcoming Seller Dashboard.

This May, eBay will introduce what they are calling a personalized Seller Dashboard. This will be a new tool that will let you monitor your eBay account performance, and thus your ability to sell on eBay, in the following categories:

• PowerSeller status
• Account billing status
• Final value fee discount qualification
• Policy violations and risk of restriction
• Buyer satisfaction (based on feedback, DSRs and complaints)

It will be very important to have this above information at your fingertips, as some of these factors directly affect your ability to sell on eBay through search visibility, eligibility for PowerSeller discounts, whether you will fall under the new Safer Payments Policy, etc.

eBay describes the upcoming Seller Dashboard in the following way:

“This Dashboard will give you an at-a-glance look at your standing, and should help you manage your business more efficiently. You’ll basically have the same view as customer support, so there should be no more complaints about not knowing where you stand at eBay.”

Let’s hope that the eBay Seller Dashboard is an easy to understand and useful tool that lets the eBay Seller get a grip on how they stand statistics wise. It is going to be of the utmost importance to keep on top of your standings, as they affect your ability to sell on eBay with all of the new changes.

We are looking forward to seeing how the eBay Seller Dashboard shapes up. We have said it before, and we will say it again: Anything to make our job selling on eBay easier is something that we welcome with open arms.

Image: mulad

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eBay Desktop is an application for both Mac and Windows that you install on your computer and lets you browse and bid on eBay listings without the use of an Internet browser. This application has been in development for almost two years and it will be updated with more enhancements in the coming months.

What is really cool about eBay Desktop is that it puts a fresh face on the whole eBay buying process. Let’s face it, the eBay website can be hard to navigate and it is anything but pretty. With eBay Desktop, as an eBay buyer, you’ll never have to go to eBay.com again! Now, if they would just come up with something like this for sellers…

We have been playing around with it for just a little bit now, as it was just released yesterday, so there are probably features we don’t know about yet. The only downside to it, that we can see, is it doesn’t appear to support eBay Motors. If you are not in the market for a car, then this application is definitely for you.

Let’s hit some of the highlights of this very easy to use, easy on the eyes, application.

• Very user friendly search function that allows you to fine tune your search through filtering by auction items only, Buy It Now only, specific price range, specific seller and more.
• The search feature suggests additional keywords to add to your search query, further narrowing down the results to exactly what you are looking for.
• You can easily browse the eBay categories in a much better way than on the website.
• Once you have results displayed, you can quickly and easily browse through the results and click on ones you are interested in further exploring. This opens up a clever item description window that displays all of the necessary information.
• You can very easily add or remove items from your watched items list.
• You are able to bid on items and pay for them from within the application.
• You can communicate with sellers from within the application.
• If you are ever outbid, the application will immediately give you a pop-up alert notifying you of this.
• Shows you your recently browsed items in reverse chronological order.

One of the neatest features is the ability to create product feeds for your favorite seller’s items or for your favorite searches. How it works is it automatically creates an updated list of items that your favorite sellers have for sale or search results from a custom search you created. The feed will distinguish items that are new to you. If you want to view the details of a particular item, just click on the picture.

This is a very slick, useful tool that will make buying on eBay more enjoyable. As a matter of fact, it is so slick that we find it hard to believe it was created by eBay!

While the eBay Desktop may not help you sell on eBay, it will certainly help you spend on eBay. Why don’t you download it and take it for a spin yourself? You might find you’ll never go back to eBay’s website as a buyer!

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As we gaze out the windows of our corporate headquarters here in the Valley of the Sun, it is gray and overcast again and it’s certainly a nice change from what seems like constant sun that we get on an almost daily basis!

Here are the selections for this week:

• AuctionBytes has an article about a new View Item page. From the looks of it, if eBay goes with a new View Item page like this one, there will be plenty for eBay sellers to get all up in arms about.
• Are you a music lover? Then you missed your chance to purchase the ultimate collection for a starting bid of a mere $3 Million. Chump change! The auction ended earlier this week with a winning bid of $3,002,150. If the buyer doesn’t cough up the dough, the seller will relist and you will have another opportunity to buy the collection for yourself!
• FindLaw.com recently posted the first part of an article about eBay’s decision to take away the seller’s ability to rate buyers and how defending one’s reputation plays into it. This is an interesting read if you want to get a legal perspective on the situation.
• Only eBay has an excellent analysis of the eBay listing decrease due to this week’s seller strike. Only eBay shows how the listings dropped off as last week’s listing promotion ran its course, but the overall decrease in listings is only 4% from pre-promotion/pre-strike levels. One could make an argument that a 4% drop is statistically insignificant, or it is a result of the strike. We’ll leave it up to you to decide.

That is it for this week. Have a great and productive weekend making money on eBay and we will have more great posts starting Monday!

Image: soylentgreen23

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Beginning this month, eBay is offering expanded PayPal Seller Protection for all PowerSellers that reside in the United States, the United Kingdom, Canada and Hong Kong and have a registered PayPal account in one of these countries. Of course, the PayPal account also has to be linked to the PowerSeller’s eBay account.

The PayPal User Agreement has not been updated at the time of this writing, so the only information that is to be found about these new policies is on the eBay website. Thus, the information in this post is only as accurate as what is on eBay’s website. You will have to wait until the PayPal User Agreement is updated to get the exact, fine details about this policy.

Probably the largest change to the PayPal Seller Protection Policy is that it offers protection for any shipping address, not just a confirmed address. This is huge, since a lot of foreign addresses are not confirmed. However, as far as we can tell, the address has to be the address in the PayPal system, not just any random delivery address.

This coverage is going to be extended to 190 countries around the world, not just the extremely limited number of countries currently covered. This is also huge, since it literally opens up most of the world to this coverage, offering an extra layer of confidence for those selling on eBay and shipping internationally.

Another change to the PayPal Seller Protection Policy is the lifting of the current $5,000 per year coverage cap. eBay PowerSellers will now have unlimited annual coverage. We do wonder how big of a deal this is, because how many PowerSellers have ever come close to the $5,000 limit.

What is the downside to all of this? While we are certain PayPal wants to protect itself at the same time it is offering this upgraded service, they are most likely going to require some sort of delivery confirmation to prove that the item was delivered to the correct address, in order to have items covered by the policy. In addition, there most likely will be a signature requirement.

This means that, in order to be covered by the PayPal Seller Protection Policy, you will have to use a more expensive shipping method that has both delivery and signature confirmations. And if you are shipping internationally, this won’t come cheap.

Of course, we could be wrong about this. We will just have to wait and see what the exact details are once the PayPal User Agreement is updated. They only have 8 days left in the month if they are going to hit the February unveiling date.

The expanded PayPal Seller Protection Policy is a plus in the 2008 eBay Changes. We can all use a little bit of the positive as we wind down the week where eBay sellers are striking.

If you are not already an eBay PowerSeller, go out there and make money on eBay so that you can take advantage of this upgraded policy.

Image: crazyneighborlady

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We have previously discussed the benefits of using PayPal to accept payments as an eBay seller. We have also explained the three different PayPal account types and why you really should have a PayPal Business Account.

Today, we are going to answer some questions that a loyal reader of ours, Bill, recently posed to us. Not only are we going to answer Bill’s questions, but we are going to throw in some bonus information.

The question arose about how PayPal fees are paid. At the time of this posting, PayPal charges a flat, per transaction fee of $0.30, plus a percentage of the amount received. PayPal charges a higher percentage for payments received from buyers outside the United States. They call these cross-border payments.

You only pay a PayPal fee when you accept a payment via PayPal. What happens is an eBay buyer pays you via PayPal and the money goes into your PayPal account. As the money is being deposited into your PayPal account, PayPal is removing their fees from the transaction. The resulting net deposit amount is what your buyer paid you, less the PayPal fees.

This works differently than how eBay charges you fees. eBay fees are due once a month and will accrue in your seller account during the 30-day period. You then receive an invoice from eBay at the end of your invoicing period and have a certain number of days to pay the invoice. PayPal never sends you invoices as they take their fees out immediately.

You will need a minimum of a PayPal Premier Account if you are selling on eBay, as this is the minimum account level which accepts credit cards. Your personal PayPal account won’t cut it if you are selling on eBay, so you will be forced to upgrade when you start selling. There is no charge for this. All you are doing is upgrading your account type.

As you can imagine, if you are doing any sort of volume selling on eBay, your PayPal account should be fairly healthy. Fortunately, you have the option of opening a PayPal Money Market Fund, which is currently yielding 3.62%. This is far more than the average checking account and we have seen it in the 5% range when interest rates were higher.

The PayPal Money Market Fund is free to you and simple to sign up for. Once you are signed up for it, your PayPal balance will start accruing interest. You don’t have to do anything special to your balance. Just let it sit there and grow, until you need to use it.

You can transfer your PayPal balance at anytime to a separate bank account. If you do this electronically, it is free. Otherwise, you can have PayPal cut you a check for a nominal fee. Not sure why you would choose the check option when electronic transfer is free and fast.

You can sign up for a PayPal Debit Card to gain access to the money in your PayPal account. It, too, is free and as an added bonus, you receive 1% back on all purchases made via the PayPal Debit Card.

Here is how we use our PayPal account. All of the payments we receive from our eBay listings go into our PayPal account. We have a PayPal Money Market Fund on the account, so we accrue interest on our PayPal balance. We use our PayPal Debit Card to make purchases for our business and we electronically withdraw money, as needed, to our business checking account. We keep a fairly healthy PayPal account balance to take advantage of the interest we accrue, as our business checking account doesn’t pay any interest.

We pay all of our vendors with our PayPal Debit Card, so we get 1% back on all of our inventory purchases. This can add up to a rather large number throughout the year.

Notice how we said that we only use our PayPal balance for business purchases and to transfer funds to our business checking account? That is because all of the money in our PayPal account is business funds, not personal funds. The way we get money into our personal accounts is via our salary. This is because we are running a real business.

This should clear up some questions about how PayPal works for those that sell on eBay. If there are any additional questions, feel free to write a comment (you may also use the ‘Contact’ link at the top of the page if you are not comfortable leaving a comment) and we will do our best to answer any questions.

Image: crazyneighborlady

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