Easyhome business course Matt and Amanda

[allmax_motopro]

Just wondering if anyone has had any experenice with Matt and Amanda Clarksons easyhome business course? I was thinking about doing it but after doing a bit of reaserach online I found a lot of bad reviews about plus it's very expensive $4000.

They supposdly  offer %100 money back garrentee if you don't make back the amount you pay for the course but a lot of the people who worte the reviews claimed they tried to get their money back and were not able to. Just wondering if anyone has had any success with the course or knows of any cheaper alternatives?

[lyndal1838]

There is a long running thread on the boards about Matt and Amanda's course and the majority of responders have been very unhappy.

The established sellers who have responded over the years think it is a bit of a con as you can get the same information for free by reading everything ebay has to offer on how to sell....and asking on the boards if you are not sure.

Added to all this, the whole ebay scene has changed dramatically since this course was first advertised....it is almost impossible to make the kind of money mentioned even if you are a well established business with items that sell well and sell consistently.

In my opinion you would be mad to spend that kind of money...it would be years before you would recoup the costs, if ever.

[kopenhagen5]

On the same - http://community.ebay.com.au/t5/Recent-eBay-News/information-on-Matt-amp-Amanda-Clarkson-Ebay-magic-...

And as said is most likely very out dated now.

[davewil1964]

As that thread definitely is, even though it is periodically resurrected.

[allmax_motopro]

Thanks for the  advice . I think I'll give the course a miss. I'm starting to realise the only way to make decent money on ebay is to literally have thousands of listings and be able to buy stock in large volumes which would obviously require a huge amount of capital.

[chameleon54]

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@james157383 wrote:

Thanks for the  advice . I think I'll give the course a miss. I'm starting to realise the only way to make decent money on ebay is to literally have thousands of listings and be able to buy stock in large volumes which would obviously require a huge amount of capital.

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HHHHMMMMM   Maybe ??????. It depends what you call a decent amount of money I suppose. If you are looking for a get rich scheme, Ebay may not be the place for you.  You would be much better off designing a course for ebay novices with stars in their eyes and flog the thing for $4000 a pop. Now thats what I would call a get rich quck scheme.

If you are prepared to work hard and smart. Find a product with very high profit margins ( at least 400 - 500 % mark up minimum )  and slog away on a regular basis, answering questions, packing and posting most days of the week etc. there is still quite good money to be made on ebay. It may not be sexy and it takes consistent work habits, but the potential is still there.

With many sellers moving from the site over the last couple of years, there may be more product holes in the market looking to be filled than there was two years ago.

You dont necassarily need thousands of listings either. Our private account which just uses the 40 monthly freebies plus extra free listing offers still gives our stores with combined 2000 listings a fair run some months.

We may not be rich, but we are making around $30 - $35 profit per hour worked on ebay. No boss, dont have to contend with commuter traffic, choose when to work and how long for lunch. Dress how I like. View of the joggers and people walking dogs along the river bank outside my office window, Its not too bad really.

[allmax_motopro]

400 - 500% mark up that seems really high. What products are there that have that kind of mark up?

[digital*ghost]

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@james157383 wrote:

400 - 500% mark up that seems really high. What products are there that have that kind of mark up?

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The percentages can look good, but if you compare it in figures, it's not always as good as it sounds....

eg A $500 item might only have a 25% mark-up for a $100 gross profit, and obviously lower nett profit, maybe $30, while a $5 item may have cost the seller $1, so there's a 400% mark-up but a gross profit of only $4, and maybe a nett profit of $1.50 (presuming selling on eBay so incurring eBay / PayPal fees etc). 

There are a lot of products that can sustain that kind of mark-up for retail pricing, though - I personally think it's not exclusive to any kind of specific item type or category, it's more related to general availability and demand. 

[chameleon54]

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@james157383 wrote:

400 - 500% mark up that seems really high. What products are there that have that kind of mark up?

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Theres a huge number of items that give 400-500% mark up and sometimes much more, but they are usually niche or specialist products. A lot depends on where you buy your stock. If you just purchase common items from a distributor or wholesaler and try to compete with other sellers in a race to the bottom on price, the mark ups will be under preasure.

One good place to buy new items to sell is auctions of stores that have closed down. Bulk lots of stock can go for a song at these auctions, allowing high mark up percentages.

I deal in several fields including antiques and collectables, mens shed / workshop interest, vintage car parts and new old stock automotive and machinery parts. ( amongst other things )  All of these fields offer very high mark up percentages. Having specialist knowledge is part of the secret. Knowing what year and model vintage car a carby fits can mean the difference from the item being a bit of useless scrap metal, to being worth $50-$100.

Last year I purchased a large, dusty, dirty box of new old stock engine bearings, still in original wrappers and boxes for $5 at a an auction of a country garage that had shut down. There where around 40 sets of bearings in the box for obsolete cars and trucks. I researched the part numbers and found out what they fitted. I have sold over $1000 worth of the bearings and still have a few sets left to list.

At a market recently I found a highly collectable, rare book which I purchased for $30. I listed it on ebay and sold it at auction for the starting bid price of $500.

 Research and a good working knowledge of your specialist field are important tools to ebay success.

Over the years I have accumalated quite a library of research material and reference books and google is an invaluable tool. I also regularly search "completed sold listings" using the advanced search facility on ebay to improve my knowledge of current valuations.

Finding a specialist field or niche which interests you can be a path to a succesfull ebay business. If nothing else, you will be doing something you enjoy.

[shepherdsrule]

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@james157383 wrote:

Thanks for the  advice . I think I'll give the course a miss. I'm starting to realise the only way to make decent money on ebay is to literally have thousands of listings and be able to buy stock in large volumes which would obviously require a huge amount of capital.

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Obviously depends on what you sell as to the cost of set up, you need to find your niche.

A friend of mine lives close to a Cancer OP Shop and every one of the books (hardback, paperback) are only $1.00

She had a great idea and buys as many books she considers will sell well as possible, sells them on on eBay at way more than the cost, deducts her fee's, postage etc, and at the end of a set period she donates the money she has cleared back to the shop.

I thought it was absolutely brilliant.