This article will help you understand what eBay is and how much opportunity there is for you. EBay is not simply a place where the world goes to make a few bucks; it is actually an international company.
There are many crazy eBay auctions which show up in the news like the grilled cheese sandwich that looked like the Virgin Mary, the Illinois shaped cornflake, advertising space on a guys forehead, and the 44 year old man who auctioned off all his belongings and a two week trial of his job to the highest bidder. These are the kinds of auctions that make the news. In reality, it is the news and the popularity that gives these auctions the attention they need to make crazy amounts of money.
What you do not hear about are tons of copycat auctions that go up right after those publicized auctions that do not make a penny. Despite those examples, auctioning off your forehead or your lunch is not a good business plan to build a long-lasting, profitable business on eBay.
To make a killing on eBay, realize that eBay is a massive online destination for millions upon millions of shoppers to buy every-day things; sometimes used and sometimes brand new. Major established companies and businesses, large and small, are selling goods on eBay and making a lot of money doing so.
EBay is an international company with a presence in 39 markets around the world including separate eBay sites for several countries including, but not limited to, Germany, Korea, Spain, Poland and Sweden. EBay owns PayPal.com, skype.com, rent.com, shopping.com, stubhub.com, and stumbleupon.com.
EBay is not a flea market or a garage sale. It is a massive company with a lot of power and exposure on the internet. A small percentage of the site is made up of random things like you would find on the street corner or in someones driveway. The majority of the site is made up of the stuff you buy in a specialty store or a mall.
At any given time there are over 112 million items for sale on eBay. 7 million items are added every day in any of the 50,000 available categories. EBay is not simply for auctions; 43 percent of all items sold last year were Buy it Now items where the product was purchased without any bidding, like any other online retail store.
Who is buying all this stuff?
There are over 84 million users on eBay worldwide. EBay is regularly ranked in the top ten most popular sites on the internet. Over $1,900 worth of goods are bought and sold every second. Last year alone, over $60 billion worth of items were sold.
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Rabu, 25 Maret 2009
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Selasa, 03 Maret 2009
Trading Option
What's option trading about? Basically, when trading options, the buyer (or taker) is purchasing buying rights from the seller (also known as a writer). Different kinds of option trading are available, though options on commodities and stocks as the most common. Option trading is a strategy that can be used in any market in which prices fluctuate, which typically includes any market environment.
Do you know how an option strategy actually operates? Here is an example. Say that a share is priced at $10.00 right now. You have feeling that it will rise to $12 over the course of a month. You would probably want to purchase as many shares as you can afford.
However, you are not always in a position to buy such shares, and often you will not have enough money to buy too many of them. In this example, if you had $1000 you could only buy 100 shares. This means you would gain $200 if the price went up as you are hoping. This is not a bad return but you may be wishing to make a bit more than $200 on the information you have.
The way trading options work are to pay a certain amount to each writer as an option. If the writers thinks the amount of the share will not change over the next month or so, it will stay at the original price of $10.00. If you then present him an option for .10 per share with an option to buy shares in $10.00 increments over that month, this should be something the writer is willing to do.
It's because he believes they will keep having a value of ten dollars and he will make a 10-cent per share profit on ones that aren't actually under his ownership, and he just has to unload them on you at their present price in 30 days, if you wish. That way, your thousand dollars could get you an option to purchase 10,000. Then, if the price rises to twelve dollars, you'll have made a profit of $2,000 since you have a purchase option for ten thousand and could sell them at $12,000. Now rather than ending up profiting by twenty percent, you'll see a one hundred percent gain instead.
In this way you can take the advantage in options trading. Though there are instances for you to acquire big loses in options trading. Presume the shares plunged to $9.90. This is a small drop but instead of losing $10, if you had purchased the shares, you will have your whole stake lost. Regardless of the risk implicated one must learn option trading and make use to benefit himself.
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