How to make money on eBay with free tools - and save yourself $6,000 from Bright Builders' fees.
[Update 12/13/08: Bright Builder isn't the real target, and they've now "merged" with
Thrive Learning Institute, so will probably disappear shortly. The actual target is the sales organization,
Internet Income Solutions. And their parent organization, a
Summit Group, owned by Eric Largent and Jim Cochran. These guys
find people who are naive about the Internet and "educate" them with a proprietary hosting gig. Unfortunately, as below, you can get
all their training for free, and much better/cheaper hosting....]
(Note: if you want to get your money back from Bright Builders, you have to demand it right after you sign up, not months later. You might be able to get a partial refund from them, but mostly - you can kiss off everything you charged up on your credit card... [Utah State Law says you have three days, but people aren't often told about this, and the first training is set up after those 3 days are up.)Now, why the vitriol right off the bat? Because $6,000 is what they got me to cough up and it wasn't worth a penny once I went through their training.
My story:I was incredibly fed up with my day job and knew that I could make money online. But I hadn't figured out how to do it myself. And I'd just cleared off my credit card by taking out a personal loan. So I was ripe to be taken for a ride.
Somehow I got onto a
BidFuel page and clicked through. They sold my name to Bright Builders (and a few dozen others) who all called me to get me to buy their stuff. Bright Builders was first, since I was interested in eBay "where millions of buyers shop every day".
After a few hours on the phone with their sales person, he showed my how great this company was and all that they could do for me. I looked over their site, all their tools, the Utah Better Business Bureau - all these things. They guy was slick and very good. I was prime to be slicked.
So I signed up. (Big Oops.)
First - they got me to get a no-interest loan that I could pay off in 4 months. It was a separate finance company who walked me through it. And then put their additional monthly charges on a different credit card. (Note:
additional monthly charges.)
Second - As part of this, I was to get 12 training sessions, one every other week. These turned out to be about 15 minutes long and covered mostly how to use their proprietary site-building software. That was what the additional monthly charges covered. $30 a month for their hosting.
Now the fun begins. I worked on digesting all the stuff at their site on how eBay worked and how to make money at it. I studied all the tutorials that came with their special software - a "Bright Lister" to post your auctions, and a "Private Investigator" analysis software based on HammerTap. And I carefully listened to all the instructions on how to build a site on their special site.
BUT -- it didn't work for me.Now, I can tell you that if you do use their stuff exactly, and set yourself up with a small niche with little competition, you can do well. I've been shown the successes. But I can only estimate that this is the small handful of people who have - which in most industries is about 3-5% of those who sign up.
This means that the bulk of the people who sign up for this course (or any course) are simply paying their exorbitant fees and keeping the place going. You are only shown the successes.
What did I do that was different and why didn't I get it to work?
1. I wanted to sell self-help ebooks. Low margins, but a hugely wide niche with lots of competition.
2. eBay changed the scene on ebooks so you could no longer do digital downloads - meaning you had to burn your own CD's or get them done in bulk (where you'd have a huge inventory to move).
3. I had to become a retailer to succeed. Entrepreneur I could do, but not just selling bunches of other peoples' stuff below market price in order to squeeze out my deals.
Where did I finally give up?eBay changed the rules again, and basically "leveled the playing field" so everyone was mostly competing on price. So it became even harder to sell the items I was offering, unless I was doing it just above break-even (or below). I was down to a single item that was selling routinely.
This was after I discovered that all the stuff I had paid for as part of this "eBay Training Package" I could get for free. That's right - all of it.
You only need to use two sites (besides eBay) to do everything their high-priced programs would cover:
Auctiva, though clunky at times, will do all your listing for you and even schedule things in advance. It also has the capacity to hold several large images and smaller versions, so you can get around the extra fees you have to pay eBay for this service. Auctiva is web-based, so you can access it from anywhere - and they also provide you with a free "store" where all your current auctions are placed. It has a set address, so you can promote this yourself.
Terapeak, although it has a couple of subscription services, offers a free web-based version which essentially does the bulk of the work you need to do in analyzing when and where is the best place to place your auction.
On eBay itself, you really have to do the homework on how this place operates. It's worth getting some simple ebooks on the subject and going through them a few times in order to get the basics. As well, subscribe to someone like
Skip McGrath who makes a living on eBay and regularly puts out a newsletter full of valuable data and insight into succeeding on eBay.
Auctiva - and it's free desktop alternate TurboLister (available free from eBay) do all the listing you want. TurboLister I've found to be faster, since Auctiva has to do refreshes. But these both beat the pants off Bright Lister, which is a program on your desktop and communicates with a remote database. I could never get their scheduling to work. I used Auctiva for that.
Another drawback with Bright Lister is the extra code it placed, which meant that your auction wouldn't display properly in any other editor. I found I had to copy and paste the code into a text editor to search-and-replace all these extra tags before I could get another program to display it correctly.
HammerTap has a great program and has been the leader for years. They also consistently produce good newsletters and how-to's on using their product. It's very easy to use once you get the hang of it. They license eBay's data base just like Terapeak does. And since Terapeak has been taking more of their business away, they've begun dropping their prices as well. HammerTap licensed a version of their product to Bright Builder, and apparently keeps it updated, although it shows up on your desktop as their earlier name, Deep Analysis.
But because it's on your desktop, it has to communicate remotely with a database. And the updates don't always find your earlier saves. I've lost all the saved data, even though it still is on my hard-drive.
Terapeak not only saves your searches, but allows you to email them (handy to do a remote save when you're not at your regular computer).
Here's a comparison of these two.
Cost Analysis:Since I have been developing websites for years and years, Bright Builders' costs for their monthly fees were my first hint. They charged as much for website hosting as anyone else. The only thing which offset this was the extra programs they allowed you to use. (Yes, once you stop paying them, those programs won't start up again.)
But their goal is actually to get you mostly off eBay and getting customers for yourself based on their website optimization and your slaving away in building this ecommerce site, stocked with all sorts of goodies. So the extra tools they provide have little use, except when you are product testing, or want to move into a new niche and get more leads from eBay.
Their costs for getting your domain name (never, ever buy your domain name from your webhost provider - they own it, actually) are higher than average - no bargain. In fact, all of their costs are higher than average.
But - their website builder is lower quality than most all out there. It's much harder to use their proprietary software than it is to build other websites with WordPress, Nvu, or Dreamweaver. And you can't install various gadgets and special items like you can with these other programs - or you have to jump through special hoops to do so (also known as "workarounds" - meaning it wasn't designed to work right to begin with).
All told, here's why I quit:1) They didn't deliver the "guaranteed" promise of earning back that $6,000 in four months. Because their training is not real coaching or consultant work. It's mainly someone following a script for 15 minutes every other week over 24 weeks.
2) Their products are overpriced and don't work as well as the free versions.
3) Anyone with a little homework can do the same - and save their money to invest on other stuff.
Here's how you can do it for free:- Sign up with eBay. Free.
- Study all their tutorials. Free.
- Sign up with PayPal. Free. (You'll have to jump through some hoops, but you can process credit cards with no monthly fee - they take a piece out, but it's still less.)
- Sign up with Auctiva. Free.
- Study their tutorials. Free.
- Visit Terapeak (you don't even have to sign up to use them for free.)
- Study their tutorials. Free.
- Find some stuff you can sell on eBay with no real expense (besides eBay's fees) - and then have some fun at this.
Other than the time you've invested, you can start selling on eBay and finding the best times and days to sell, as well as when to end your listing to get the best price and/or the greatest number sold. And it didn't cost you a cent. Plenty of valuable training you can use - all free.
How to invest a little and get back a lot more:
Now, it is possible to make a great amount of money from eBay. But the days of making it directly are pretty much over unless you want to spend years building up your eBay PowerSeller status (a tiny handful are able to do it in weeks by hitting the right niche - extremely rare) - or by being a Big Box store (essentially the same thing). You have to be able to research and buy the right item in bulk in order to sell it individually very cheaply.
The secret to making money on eBay is just that - repetitive sales of items which are in high demand and low supply - and can be replenished.
For most of us - and what they teach at Bright Builders - the real money is made by using eBay as a lead generator. You sell stuff cheaply at eBay and harvest the email addresses, getting these people to start buying from you over at your own store.
So here's the steps to start getting your online fortune:- Get a domain name - about $10/year or less.
- Get good webhosting with cPanel (so you can configure it yourself) - from $5-$20 a month, with discounts for paying it once yearly in advance.
- Set up a WordPress blog on your webhost - so you can routinely crank out content-rich pages and people can find your site through search engines. Free - comes with cPanel.
- Set up OSCommerce for a ecommerce engine and stock this with ebooks or stuff you can get cheaply and still sell for under market price. Free - comes with cPanel.
- Do the free steps above for getting started on eBay.
- Then sign up for Terapeak's services - start low until you start seeing why the next step up would be worth it.
- Follow this simple strategy to get leads from eBay.
Summary:- Did you have to pay $6,000 to learn this? No. It was free.
- Can you make money on eBay? Yes. Can you do it with no investment except your time? Yes.
- Should you trust Bright Builders, BidFuel, or any of these? No, No, NO, NOOOOO.
Can you check this data out for yourself? Sure - see these Google entries:
From AboutUs: See what information we have on
Bright-Builders-Testimonials.com and share your knowledge.
- - - -
www.aboutus.org/Bright-Builders-Testimonials.com
Description
Excerpted from the website description: - Bright Builders has premier online business support, education and tools to help you build a profitable business online. But don't take our word for it. See what our customers are saying.
If you have a complaint or are dissatisfied with our services in any way, please contact us immediately:
Phone Support: 9am-5pm MST 1-800-342-1990 option 1
Email Support: 9am-5pm MST experts@brightbuilders.com
You have every right to file a complaint with the Utah Better Business Bureau (https://odr.bbb.org/odrweb/public/GetStarted.aspx) - but please contact us first so that we can work with you to resolve any complaint you might have.
- - - -
Bright Builders Review: Everything you need to know about doing business with BrightBuilders.com, find out why people are calling it a brightbuilders scam.
www.reviewopedia.com/bright-builders.htm
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Since it is beginning in 1997, Bright Builders.com has developed various serviceable web sites ranging from an online academic home-study course, ...
www.programcritique.com/subcategories/BusinessOpportunities/BrightBuilders.html
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33 posts - 23 authors - Last post: Sep 27
Discussion about Bright Builders. Speak your mind about Internet Scams and be heard here at scam.com.
www.scam.com/showthread.php?t=5805 - 159k
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Bright Builders ripoff of $2801 Since December of 2004! My Website did nothing, training was barely more than elementary, I lost money by having to refund a ...
www.ripoffreport.com/reports/0/145/RipOff0145755.htm - 70k -- - - -
So there you have it. Make up your own mind from the data to hand.
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