Chapter 9. Tricks for Cutting Costs—And Increasing Profits
After your eBay business is up and running and you’ve gotten the hang of creating listings that have a high completion rate, it’s time to start looking at your bottom line. How much profit is your business generating—and what can you do to increase that profit?
In business, there are two ways to increase your profit margin. You can reduce your costs or you can increase your average selling price. The goal is to increase the difference between your revenues and your expenses. To that end, here are 10 tricks you can use to boost your bottom line.
Trick #81: Improve Your Time Management
One of the hidden costs of an eBay business is your time. As the old saying goes, time is money; the less ...