Category: Tips and Tricks
It’s surprisingly simple to get started posting your very first auction on eBay. Here’s what you need to do.
Step 1: Open an eBay seller’s account
If you’ve bought things on eBay, then you already have an account - just log in with it and click ‘Sell’ in the toolbar at the top of the page, then click ‘Create a seller’s account’. If you’ve never used eBay before, then you’ll need to open an account first using the ‘register’ link underneath the toolbar, and then click ‘Sell’ and ‘Create a seller’s account’. The eBay site will then guide you through the process. For security, this may involve giving card details and bank information.
Step 2: Decide what to sell
For your first little experiment with eBay, it doesn’t really matter what you sell. Take a look around the room you’re in - I’m sure there’s something in there that you’re not all that attached to and could put in the post. Small books and CDs are ideal first items.
Step 3: Submit your item.
Click ‘Sell’, and you’re on your way to listing your item.
The first thing you need to do is choose a category - it’s best to just type in what the item is and let eBay choose for you. Next, write a title and description. Include key words you think people will search for in the title box, and all the information you have about the item in the description box.
Now set a starting price. $0.01 is the best starting price, as it draws people in to bid who otherwise wouldn’t, and items will almost never finish at such a low price. The next thing to set is the duration of the auction: 3, 5, 7 or 10 days. This is up to you: longer sales will usually get more bids, but will also seem to drag on forever. If you’ve taken a picture, add it now - items with pictures always sell for more. Finally, tick the payment methods you will accept (just PayPal is best for now), and where you will post to (limit yourself to your own country to begin with). Submit and you’re done!
Step 4: Wait for it to sell
This is just a matter of sitting back and letting eBay do its thing - buyers will find your item and leave bids on it. Some bidders might email you with questions about the item, and you should do your best to answer these questions as quickly as you can.
Remember that if your item doesn’t sell then you can list it again for free.
Step 5: Collect payment and post it
eBay will sent your buyer emails guiding them through the process of sending you payment for the item. Make sure you have the money before you send anything.
Once you’ve got the payment, all you need to do is pack the item for posting (make sure to use some bubble wrap), take the buyer’s address from the confirmation email eBay sent you, and write it on the parcel. Put some stamps on, post it, and you’re done!
I hope you enjoyed selling your first item. Now that you’re starting to get into it, the next email will give you a checklist of things you need to do to be a successful seller.
Category: Tips and Tricks
You would have heard of people making a lot of money with eBay, selling various products. These success stories compel us to read about eBay and understand how it works.
It is an auction website that is said to be one of the largest online websites and receives millions of visitors every day. Selling on eBay gives us the opportunity to sell to people from all over the world, unlike a physical store, where only locals are targeted. Earning a full time income from home is no longer a dream!
Your first question would be what to sell and where do you find products to sell? Start by selling the few odds and ends that are lying around the house. The saying that one man’s junk is another’s gold holds so true. Of course, that doesn’t mean that you sell under quality stuff. Below are some of the ways to find products to sell on ebay:
Your Home
A good place to find products to sell in the initial stages is your home. I am sure you have plenty of baby clothes, car seats, toys, monitors, books, china, cards, comics, electronics and a number of other things. As long as they are in good condition, these can be sold easily. Once you make some cash with these, you can venture into buying stuff for selling on eBay.
Second Hand Shops and Garage Sales
With the money that was made from selling things around the house, you can now start buying from second hand shops and garage sales. Look out for things that are in good condition. If you are lucky, you may find things that sell well. Do not venture into selling things that are too heavy and go for lightweight items that are easy to send. You will be amazed at the number of things you will find and the profit that can be made.
Wholesalers
Once you have made enough from the above methods, you can start searching for a good wholesaler, where you can find goods at great wholesale rates.
Finding a good wholesaler is not an easy task. There are so many so-called wholesalers whose prices are not competitive. You will not find much help here if you ask others because nobody wants to share the names of good wholesalers as they don’t want competition. This is the art of survival at it’s best!
First, you will need to look around at what is being sold on ebay and what sells well, and check the pulse of eBay. From my experience, I would say that electronics sell very well and since new ones keep entering the market every day, you will find a lot of buyers. Search for wholesalers in this niche, and settle for one that is the best.
I would suggest you join Salehoo.com. This is a place where you can find some of the best wholesalers for anything and everything you can think of. They even have a forum where you can meet others and get some ideas on legitimate wholesalers.
Category: Tips and Tricks
Are you interested in becoming an eBay seller? If you are, you are definitely not alone, as eBay has become a relatively quick and easy way to make money online. Each day, a large number of
individuals use eBay to make extra money from home and a few lucky ones are even able to make enough money to support themselves or their families. Before you jump on the eBay selling bandwagon, you are advised to take a few minutes and examine the pros and cons of selling on eBay.
One of the many pros, or plus sides, to selling on eBay is the fact that is it is relatively easy to do. Once you create an eBay account, you can start listing items that you have in your possession for sale right away. When doing so, it is also easy to do. eBay has a step-by-step process for listing items for sale, in traditional auction formats or buy it now formats. In fact, eBay also has a program that lets you compile your auctions, with pictures and descriptions, when you aren’t even connected to the internet. As soon as you connect to the internet, you can begin to upload your listings and have them start right away.
Another one of the many pros to selling on eBay is that just about anyone can do it. You don’t have to have big fancy, expensive items to sell on eBay. In fact, a large number of those selling on eBay are just selling items that are taking up space in their homes; items they don’t want anymore. If you are interesting in becoming an eBay seller, but you aren’t sure as to how much you can depend on eBay for income, you may want to think about testing the waters. You can do this by listing the items have you have around your home for sale. Items that tend to sell relatively well are lots, or groups, of toys and infant clothing.
While there are a number of pros, or plus sides, to selling on eBay, there are also a number of cons, or downsides, to doing so as well. One of the biggest cons or downsides to selling on eBay is the competition. As it was previously mentioned, a large number of internet users have started using eBay to make extra money or even make a living. This is what leads to multiple auction listings for the exact same items. While this is nice for the eBay buyers, it can hurt you as a seller. When the supplier is higher than the demand, you may not make as much money off of your items as you had originally hoped to, if they even sell at all.
Another downside to selling on eBay is the fees associated with doing so. In recent years, eBay has redone their fee structure, often to raise their fees. Although these fees are still considered relatively low, they could put a damper on your profits, which alone are sometimes hard to come by. Of course, there are ways that you can the most out of eBay fees. For instance, if you have a “hot seller,” you could start your auction out at a low price, as the fees are less for doing so; however, you are taking a gamble, as you never have any guarantees as for how much your items will sell for. Perhaps, the unknown is one of the biggest downsides to selling on eBay; you never really know if you are going to make money or even if you will end up losing money.
As you likely already know, the decision as to whether or not you want to become an eBay seller is yours to make, but, when making your decision, you are advised to keep the above mentioned points in mind. With a relatively equal amount of pros and cons, you may be wondering what your best option is. For more accurate information, you may want to think about testing the eBay seller waters, as you are able to sell whenever you want, with no minimum auction requirements.