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Before tackling the admittedly difficult question of measuring its success

Let’s pause and ask, What is blogging? At one level, it is a tool which individuals use for communication and self-expression. Indeed, this was the only use conceived initially. As its usage soared, it also emerged as a tool for on-line 'communities' to interact and disseminate news or useful information. The most recent emerging use (completely unancticipated in the early years of blogging's existence) is for commercial organizations to interact with various stakeholders.

Thus, a reasonably general definition of blogging would appear to be, a technology that lends itself for use by individuals, communities or organizations as a means of communication, information dissemination or interaction.

How do we go about establishing a measure of the success of anything? One way is to identify its "potential", and measure what proportion of that potential has been achieved. For example, if your company sells flat-panel TVs, the potential market would probably be equal to the number of households in the world having a household income of more than a certain figure. If you are trying to popularize a new 'world language' that you have invented, the potential probably corresponds to every human in the world speaking the language. If you sell beer, the potential sales would probably correspond to each adult in the world drinking 150 liters a year!*

However, it is frequently difficult to assess potential in this manner. A surrogate, more practical approach would be to identify the 'best' achieved by anybody so far. If you are an athlete, your 'best achievable' may be the current world record in your event. In the TV example above, the ‘best achievable’ may be the sales volume achieved by the market-leading company.

Thus, the problem reduces to discovering the 'best achievable' usage of blogging. To do this, we must stretch our imagination a bit and ask, what are the "best" technologies** that meet roughly the same needs that blogging does, and what is the usage they have achieved? The “best” technologies we have that allow communication, information dissemination or interaction are probably telephones, email, and conventional web sites.

The number of telephone lines (fixed and mobile) in the world is estimated at around 3.1 billion. Similarly, the number of email users is in the region of 900 million.

How many websites exist in the world? Yahoo indexes 23 billion web pages, while Google indexes about 19 billion. Taking the smaller of the two, and assuming the average website has around 20 pages, the number of websites may be approximated as about 975 million.

Let’s be conservative, taking the smallest of the 3 figures (for telephones, email users and websites) which is 975 million. To be play it even safer, let us assume that many websites represent uses that blogs just cannot. So let us say that the figure of 975 million overstates the figure we are looking for by 90%. This leaves 250 million (assuming many websites are defunct, etc.). It appears safe to say that this represents the usage that blogging must achieve. Thus, the “best achievable” number of blogs is, at the very least, 250 million. The current number of around 80 million thus suggests that blogging has covered about a third of the distance to its “best achievable” usage.

Of course, we will be shortchanging blogging if we end this analysis without considering time frames. While telephones have taken 20+ years to reach their current usage (counting only from the time mobile phones were invented), email has taken 15+ years, and the web 10+ years, blogging has been around only 6 years or so.

To dwell a bit on how technologies evolve over time, let us look at an elegant concept, the 'S' curve. What this says, very simply, is that every technology has an initial period during which it grows very slowly. As it improves and gains usage, it crosses an 'inflexion point', beyond which growth takes off rapidly***. Further down, the technology reaches a maturity stage where growth once again slackens. Metcalfe's Law, which holds that the usefulness of something goes up exponentially with the number of its users, applies during the high growth section.

Thus, in S- curve terms, blogging can be thought of as having crossed the inflexion point, and being about 30% of the way to the peak. In other words, 70% of its potential is yet to be achieved.
* If that sounds high, the Czech are reputed to drink 167 liters per capita per year!** As is clear from the context, we use ‘best’ not as an indicator of quality but to mean ‘the one that has achieved the greatest or most widespread use’.*** Not all technologies, of course, actually cross the inflexion point - many (indeed, most) die out well before they reach that point.

READ MORE - Before tackling the admittedly difficult question of measuring its success

EBay Scams To Watch Out For Or You May Be Next!

EBay Scams To Watch Out For Or You May Be Next! - There are many eBay scams out there to keep an eye out for when you are selling on eBay. This article will cover a few of the known and not so known scams to be aware of. Whether you’re a causal seller, or a professional seller on eBay, you need to know about these scams so that you can take measures to prevent or recognize if it’s happening to you. 

Bid Shielding 

This scam is something you need to watch out for as a seller on eBay. Basically the scam is run using two separate eBay accounts. The scam works like this. You put your item up for auction. Let’s say your item is worth $100 and you have no reserve. The first bidder (scammer) comes along and bids $5 on your item. Right after that, another bidder working with the first bidder comes along and bids $200 on your item. Since your item is only worth $100, you receive no more bids for the duration of your auction. Right before your auction ends, the first bidder backs out and cancels their bid, leaving the $5 bidder the winner, effectively shielding all other potential bidders because of the $200 bid. 

Because of the potential for this scam it is always good to have a reserve on your auction. Also, I would put some sort of disclaimer on your auction stating that if you suspect bid shielding on your auction, you reserve the right to back out of the sale. It’s always a good idea to keep an eye on your auctions and watch for this type of behavior. If you suspect this is happening to you, be sure to report the parties involved to eBay right away. 

Wholesale List Scam 

This scam takes advantage of the fact that many people don’t pay close attention or read the fine print on an auction. This scam is targeted at buyers who are looking for deals on electronics and technological items on eBay. The wholesale list scam is basically an auction that looks like the seller is offering a great deal on a product like an iPod for example. They may have a buy now price of $40 for an iPod that is worth $150. However, if you actually read the fine print on the auction, you will find that you are not really buying the iPod. In fact you are purchasing a wholesale list. 

To avoid this scam, just be sure that you read the entire details of the auction before making a bid or a purchase. Basically, just use common sense. If it looks too good to be true, it probably is, so read the auction carefully. 

Bad Check Scam 

This eBay scam is exactly what it sounds like. The bad check scam is simple. Someone purchases your item and sends you a check as payment. You receive the check, and send out the item. However, 2 weeks later you find out the check bounces and now you are out your item and the money. 

To avoid this, simply do not send out any products until the check has cleared. 

Spoof eBay Emails 

This eBay scam is an attempt to get your personal information and/or eBay account information. Basically the scammer sends you an email that looks like it’s from eBay. The email may direct you to a website (that also looks like eBay) where it asks to you verify your information. In reality, the website is created by the scammer to collect your personal information and use it for identity theft. The scammers can be very tricky and make everything look very official. 

To avoid this scam, you need to be wary of any emails that you get. The first thing you need to check is the email header. Emails from eBay, will have “@ebay.com” as the last part of the senders email. Also any links that are in the email may be directing you somewhere other than where they say they are. Also copy and paste the links into your browser, and only visit official links that start with “www.ebay.com”. If anything seems suspicious to you, forward the email to eBay and wait for their response. They will let you know if it’s legitimate or not. 

In conclusion, most people you run into on eBay are good honest people and not out to scam you. You may do business on eBay for years and never run into any of this. However, occasionally these things do happen so it’s important to use common sense and use your best judgment when it comes to this stuff. Just be aware that it can happen, and take the necessary precautions and you will be fine. There’s a lot of money to be made on eBay, so don’t let anything scare you off. Keep yourself armed with knowledge and information and you will be successful out there in the auction world!

READ MORE - EBay Scams To Watch Out For Or You May Be Next!

eBay Gold

eBay Gold - Internet auctions are relatively new having been around since the mid 1990's. There are several Internet auctions including Yahoo Auctions and UBid. But of course the undisputed king of Internet auctions is Ebay. Ebay has over 40 million registered users making it one of the top 10 most visited websites in the world. 

I discovered Ebay way back in 1998. At first, I was strictly a buyer. I was amazed at the thousands of items that could be found on Ebay. Just about anything you can imagine can be found on Ebay. And there were more incredible bargains to be found than at any other ecommerce website or brick and mortar store I had ever visited. After about six months or so of buying, I began selling items on Ebay. I had an extensive collection of unbuilt as well as built plastic model cars. I began placing the models on Ebay with starting bids of $5.00 and no reserve. To my surprise, people started jumping all over these model kits. Some of them sold for as high as $70.00. It was at this time that I realized the enormous money making potential of Ebay. The key to being a successful seller on Ebay is selling items that people want. There are a number of ebooks on Internet auctions that tell of the importance of a great headline and a killer ad for your auction. While this is true, it is also important to remember that the best ad in the world will never sell an item that no one wants. The items that do well on Ebay are unique or interesting items. Antiques, pottery, collectables and high-end apparel are just a few of the items that will bring high bids on Ebay. If you can easily find the item at Wal-Mart, chances are it will not do well on Ebay. 

There are a number of wholesalers around the country that you can buy merchandise from to sell on Ebay. But before you buy, do your homework. It's very tempting to buy a bunch of electronic widgets that sell for $2.00 a piece. You might think you can buy 20 of the $2.00 widgets and then sell them for $12.00 a piece on Ebay and make a killing. Unfortunately, you discover that no one is bidding on your widgets despite the fact that you have started the bidding at a mere $6.00. In fact, there are very few people that are even viewing your auctions. The end result is you are now stuck with 20 widgets that no one wants. The first mistake here was not doing a search of widgets on Ebay to find out if they're hot or not. The second mistake was trying to sell an electronic item. Yes, I know there is a huge market for electronic gadgets. That's the problem; the market is too huge. It is already saturated. How many times a day are you bombarded with offers for the latest and greatest cell phone or digital camera? If you try to sell in this market on Ebay, you're encroaching on Best Buy's turf, which means you'll be smashed like a bug. On the other hand, how many offers do you receive for NASCAR collectibles or Gucci shoes? Or how about die cast models? These are the hot items on Ebay. These are in demand items and more importantly you can sell these items without competing against Wal-Mart and Best Buy. 

If you're new to Ebay, the first thing you need to do is to build positive feedback. Feedback is vital to your success on Ebay. Potential buyers will read your feedback in order to determine if you're an honest seller. If you have high numbers of negative feedback, many buyers will look elsewhere. Take a look at some of the Ebay Power Sellers feedback. Many of them have feedback in the thousands with a rating of over 99% positive. It's no secret how these Power Sellers became successful on Ebay. They take care of their customers. This means they'll have plenty of repeat business. 

When you first sign up with Ebay, you'll have zero feedback. Most buyers will shy away from an Ebay newbie with zero or very low feedback. Start building your feedback rating by selling personal items from around the house that you no longer want. This is a good way to get the feel of using Ebay and to build positive feedback. You should invest in a good digital camera. Good clear pictures are an important selling feature on Ebay. Remember to describe your items accurately and honestly. Do not try to trick or deceive buyers in any way. You can't afford receiving negative feedback this early in the game. 

I came across a perfect example of a deceptive seller on Ebay a while back. The seller had sold a pair of slightly used shocks for a 2003 Chevy pickup. He used Ebay's Buy-It-Now feature to sell the shocks for just one cent. Wow! What an incredible deal! But wait a minute. The unwary buyer forgot to read the entire auction. The shipping charges were a whopping 60 bucks! The result was a pissed off buyer and negative feedback for the seller. This was an obvious attempt on the part of the seller to make money on the shipping costs. He was banking on the fact that the buyer would not read the entire auction and would simply assume the shipping charges would be reasonable. Do not use deception in your auctions or try to make money on shipping costs. If you treat your customers the way you expect to be treated you will never go wrong and you'll be well on your way to building a reputation as an honest top-notch seller. 

If you happen to get a few non-paying bidders, resist the temptation to leave negative feedback for these individuals. Leaving negative feedback will only result in possible retaliation by the non-paying bidder and negative feedback for you. Once again, you do not want any negative feedback this early in the game. Buying items off of Ebay is another great way to build positive feedback. When you win an auction, pay for the item promptly. The result will be positive feedback for you. Most buyers will not care whether your feedback came as a result of buying or selling as long as it's positive. 

After you've built a feedback rating of least 25, you'll be ready to start purchasing wholesale merchandise to sell on Ebay. Remember what I said about doing your homework before buying merchandise. If you have your eye on a particular item you think might sell on Ebay, first do a search of that item on Ebay to find out what people are bidding if anything on the item. If it looks hot, at least 7 or 8 bids, then it's probably a good bet. If it doesn't appear to be getting many bids, you should steer clear. You can also do an advanced search for auctions that have already ended. It's a great way to find out the final bid price for a particular item. A few extra minutes of research can save you from a giant headache down the road.

READ MORE - eBay Gold

eBay Auction Seller's Guide to Finding Hot Money Making Products

eBay Auction Seller's Guide to Finding Hot Money Making Products  - You might be one of the thousands of individuals who open a trading account with eBay and dream about making auction selling a full-time home-based business.

However, before that dream can become a reality, you need to do many important things while running an auction business.

One of these important things to do is to pick the right products to sell. The right products to sell are the ones that people on eBay want or will buy.

eBay tells you what people actually want and what people actually will buy in four areas of its website.

"In Demand"

One of these four areas on eBay's site is the "In Demand" section. There is an "In Demand" link for each of the main categories on eBay. Listed in these areas are the previous month's top ten products that people wanted and the top ten searches for each subcategory. To see the data in these areas follow the link below and when you reach the page, scroll down and click on the link "In Demand" under any of the categories shown.
http://pages.ebay.com/sellercentral/sellbycategory.html
"Hot Categories Report"

The next area containing information on finding what to sell on eBay is the "Hot Categories Report." This report lists the "fastest growing" categories on eBay for the previous month. The explanation for what eBay considers "hot" can be hard to understand on your first reading. Nevertheless, the important thing to know is that the categories listed are the ones were buyer demand for the items under those categories are growing faster than the seller supply. This report is a PDF file so you will need Adobe® Reader® to open it. Here is the link:
http://pages.ebay.com/sellercentral/hotitems.pdf
"eBay Pulse"

"eBay Pulse" is another area where you can figure out what people are looking for on "The World's Online Marketplace®." It contains a category's daily snapshot of the ten most popular searches and the stores with the most active listings. A subsection on "eBay Pulse," known as "Most Watched Items," reveals the ten auctions that are getting the most attention. Visit this page and select a category to study from the drop-down menu.
http://pulse.ebay.com
"Merchandising Calendar"

The last area with information on what to sell on eBay is the "Merchandising Calendar." Here, eBay shows you the categories they will promote on their homepage each month. This is where eBay "tells" you what to sell. You can ignore their calendar and sell anything you choose, but wouldn't it be easier to make sales if you took advantage of eBay's promotional influence? Look at this page and use the calendar as a guide in planning your inventory and listings.
http://pages.ebay.com/sellercentral/calendar.html
Last Thoughts

Now that you have the links to data that tells you what people will buy on eBay, you can look forward to listing these items and making sales. The next step is finding the wholesale or drop-ship sources that carry those items that are "In Demand." That is when you will be one-step closer to achieving your goal of making a living from eBay.

READ MORE - eBay Auction Seller's Guide to Finding Hot Money Making Products

Ebay and Dropshipping, A Marriage Made In Heaven?

Ebay and Dropshipping, A Marriage Made In Heaven? - Believe it or not, eBay is the 'BEST' opportunity you can use right now to make money online in the dropshipping business from the comfort of your own home. 

Thousands of people just like you use eBay auctions on a daily basis to sell and buy products on the Internet; now it's your time to START your own dropshipping home-based business and succeed in the eBay auctions 'game'! 

There are no special skills required for this dropshipping business, all you need is a computer, Internet access and some basic computer / Internet knowledge. 

Dropshipping is when you sell products on the Web, forward the orders to the dropship supplier and, in return, the dropshipper ships the product to your customer (buyer). 

You act as the middleman between the dropshipping supplier and your buyer. You can take orders by credit card, PayPal fax or any other method you can think of. You can sell via your own Web Site, Yahoo store, or even through e-mails. 

Your profit is generated on the difference between your selling price and the price the dropshipping supplier charges you. 

Thanks to dropshipping you can start making money 'instantly' without any investment in inventory, warehousing, shipping, equipment, employees or office space. 

Having products drop shipped by suppliers, allows you to concentrate on truly important aspects like advertising, sales and promotion. 

Pay attention! There are lots of companies claiming to be 'Drop Shippers'. However, a legitimate drop shipper is a factory-authorized wholesale distributor, or sometimes the actual manufacturer of the product. A legitimate drop shipper should not charge you an 'account setup fee' or ask you to place a 'minimum quantity order'. 

Make sure you find legitimate drop shippers who have the product(s) you want to sell, talk with them on the phone or by e-mail and let them know that you are truly serious about doing business with them. 

Customer support counts in the dropshipping business, so don't hesitate to contact dropshipping suppliers before you proceed to work with them. 

This will help you decide if you really want to do business with a particular drop shipper or not. 

To succeed in the dropshipping business you'll have to LOOK for hard-to-find products that people desperately need and want to purchase. 

The key is to sell products with little or no competition. 

Do some research for product's you want to sell that you think will have little or no competition on eBay. 

I suggest you RESEARCH for quality products & legitimate dropship suppliers, MONITOR the eBay auction listings to see if there's any competition and TEST the market (e.g. find out if people really want to spend CASH on the product you want to sell) 

Remember! Dropshipping makes it EASY for you to start and run your own home-based businesses on a shoestring budget; and eBay is the 'perfect' MEDIUM to expose your product to potential buyers all over the globe!

READ MORE - Ebay and Dropshipping, A Marriage Made In Heaven?