Questions & Answer -Earn from eBay
How to Buy things to sell on EBay and get started with very little money
Step2
Learn how to make money on EBay by selling items you purchase locally or on the wSetup a seller account with EBay, and a business account with EBay owned PayPal. This is quick and easy although you have to be 18 to do so, and may have to have a checking account and/or credit card. Step2
Gather any items from your house/garage/attic etc that you do not want, these make great items to get your feet wet. The best items to start with are light weight (low shipping cost) items such as DVD's or books.
Step3
List your items on EBay, start with just about 1-5 items so that you don't get overwhelmed when it comes time to ship items as it can be hectic for a first time seller.
Step4
This step is where a lot of new EBay sellers quit. You have sold anything you already owned and wanted to get rid of. You've probably made about $10 - $50 profit so far, but don't know where to get more items that you can actually profit on. Read on...
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Go to your local 2nd hand store, look in the CD / DVD rack for computer programs, great you found a copy of windows 2000. It's only costing you a quarter but surprisingly you can get $25 on EBay for it. That's 10 times your money! Now you see hope. Take your $25 to your local flea market or yard sales. Scour for items that look really old, antiques that are priced to sell. For example you could of bought 5 antique dolls at $5.00 a piece. Cha-Ching they could bring $40 each on EBay.
Step6
OK this is another common stopping point for new eBay sellers. You have bought a few items and made about $150 - $300 profit so far. But what next? It's getting hard to find deals locally and you can't rely on this luck you've been having. Now comes the fun part.
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Find a niche. Hopefully something you know all about, like fishing for example. You buy fishing gear all the time for yourself, so you are pretty familiar with the prices/brands/quality etc. Go to your favorite search engine and type "wholesale fishing gear". Browse the results for a company that looks legit. You can tell by seeing if they are registered with the BBB. Don't purchase from companies that are trying to sell to EBay sellers they usually cost too much. Wholesale Prices should be less than half of retail price on most items.
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Take your $200 from EBay and buy a couple of cases of wholesale merchandise. For example you can buy 100 fishing hats for $2.00 each. Retail price is $16.95 each so you are able to offer them for a discount on EBay at $12.00 each. Sell all 100 and you will have over $500 profit from this deal alone.
Step9
Research your market. Consider EBay an actual business and dedicate time and effort to it. Enjoy your profits!
How to be a master eBay wholesaler
You too can become a master eBay wholesaler by following a few simple steps and learning a few free wholesaler tricks in the eBay world of discount products
The first step to becoming a eBay wholesaler is to set up a business or premier account through pay pal. They are both free to sign up for. This will guarantee you instant payment and a secure transaction for your buyers.
Step2
To become a eBay wholesaler then register for a free account on eBay by creating your id and password and confirming with your email. Add wholesale selling capability to your eBay account by clicking on sell>sellers account>sell it.
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Create a SYI (sell your items) form for listing different items you want to sell on eBay. To start look around your own home for free items that are of minimal value to you and even unwanted items as long as they are easily shipped and not fragile.
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Do your eBay wholesaler research by clicking on advanced search>completed listings>details, descriptions>sort by highest first>last 15 days to find similar items to yours that are already selling and for what price. Green prices indicate items that have sold, red have not.
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Go to a completed listing that has sold for a higher than average selling price and duplicate it. Look at sellers wholesaler information, title, description, photo, pricing, shipping, etc.
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Choose the same category as the seller you are duplicating. Then choose a title, item description, shipping information, photo, etc. like the sellers for your item.
Step7
Invest 35 cents to add a photo to your eBay listing and use a digital camera with a lightly colored sheet as background when taking a photo of your items to list as a wholesaler.
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Now set your pricing (can discount starting as low as 01 cent) and allow for bidding. Try to list unwanted or low value items on eBay at first to practice. This will also avoid initial panic when no one bids on your item initially. Then towards the end of the bidding process you will see a frenzy of bids, especially if you did a good job with your wholesale listing.
How to Have your own eBay store
You can get free store in Amazon but if you like to have your business on eBay then you can subscribe to get your own eBay store online. It is not free and you will pay it monthly so read before you sign up and ask for your fees
The first thing you need if you do not have an eBay account is to secure one. Add your Pay Pal account too because eBay fees can easily pay with this payment method. But if you do not like to open for PayPal, it's alright because you can still do business without it anyway.
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Now you have to scroll down to their site map area and click the manage my store. You can then choose to build your own store and then subscribe for the monthly fees or simply click the button Open a Store.
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You fill up the form and start building your online eBay store in just a couple of minutes. Everything you need to create a page for your store is ready like tools ,designs, tips for increase sales and many other helpful steps to success in your home based business.
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When your eBay business grow, you can also hire someone to sell your stuff online. So, while you are in your vacation your business is still cashing you money. Just read the fees and other related charges so that you do not have any surprises when you get your invoice or bills
How to increase traffic to your ebay listing
Increased traffic to your eBay listing increases the potential for more bidders which means more money for you. Here are a few steps you can take to potentially increase traffic
A great title can mean everything. Don't use words like "cool" or "awesome". These words won't increase your listing views. You have limited title real estate . Make sure you use words that relate to your item but also make sure you use all available space.
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List your item in multiple categories. This is a great way to increase your traffic. Make sure that each category is related to you product. This does increase the insertion fees so depending on your item and price it may or may not be worth it. For a medium to big ticket items this is a must. For items selling around a couple dollars you can skip this step.
Step3
Start your auctions on Thursday and use the the ten day auction option. Doing this you'll have your auction run through two weekends and end on a sunday.
Step4
Do you own a blog or website? Link your listing to it. Leverage your blog traffic to increase traffic and profit from your ebay listings.
How to Maximize Your Earnings on Ebay
As many Ebay sellers know, the fees for each item, picture, and Paypal transaction can take a large percentage out of your final projected profit, however, there are ways for you to still be able to maximize your earnings on Ebay while at the same time making fewer trips to the mailing center and paying less in fees
First, Before listing items, try to group as many similar items together and sell them as a lot. For example, say you have 5 size large short-sleeved t-shirts that you are looking to sell. Instead of listing them individually, photograph and list them as a lot. Now, when it comes to setting your reserve (minimum amount that you will accept), add up however much you would have accepted for each shirt individually, and set the amount as that figure. Also, try to hold a 7-day as opposed to a 3-day auction in order to maximize your exposure to potential buyers.
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Next, when it comes to setting the amount for shipping, take into consideration how much it would cost to ship one item and add a dollar or two for each additional item, as your box will surely weigh more. Be sure when adding insurance you also take into consideration the new value of the package that you will be insuring before it ships. Also, some carriers like UPS automatically include insurance up to $100 in their rates. Be sure to shop around for the best shipping and insurance deals.
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Finally, while this example was used for clothing, other items would also work such as: shoes, books (grouped by author or genre), music (grouped by author or genre), children's toys (grouped by age and gender), as well as many other items. When listed efficiently, sellers can maximize their earnings without having to pay multiple listing and commission fees. Also, remember to factor in PayPal fees when considering what you would accept for the item minus Ebay, shipping, and PayPal fees as your overall "take-home" price.
How to Avoid Fraud While Working From Home On eBay
There is a lot of money to be made by selling various items and or services on eBay. eBay is one of the most visited sites on the internet. That in itself can be a blessing and a curse. The fact that eBay is so popular opens the door for a great deal of fraud. Before we go any further please know that I am in no way saying that eBay is a fraud or rip off. Not the case at all. Ebay is a wonderful site that offers a very legit business opportunity. There are however a few buyers and sellers whose activities are fraudualant. Here are a couple ways you can protect yourself from fraud while working from home on eBay
Know your Vendors If you buy merchandise from some on eBay be sure to read their feedback. Gather as much information about their company as you can and then do a quick on the better business bureau site. (www.bbb.com) Find out of they are reputable. If they make it hard to find their address and phone number then don’t do business with them. You only want to deal with sellers who make it easy to contact them if you have a problem.
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Be aware of scams There are a ton of scams online and they are becoming more and more common in the eBay marketplace. A very common scam on eBay is companies offering drop shipping services. A lot of these companies claim they are eBay certified providers. Most of them are not. Don’t just take their word for it. Do your research. Don’t just check with the Better Business Bureau but also check with the State Attorney Generals office in the state where the company says they are located. There is no fee to inquire about a company. You want to make sure you are dealing with a legit company. You want to try to avoid getting scammed as much as possible. A legit drop shipper that is a eBay certified provider is doba.com. Start with them and then expand as you grow.
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What it boils down to is just using a little caution and taking the time to check out all vendors carefully. Make sure you know exactly what you are buying and selling. Check out the links in the resource section. They will help you get started the right way.
How to Decide What to Sell on eBay
Step1
Deciding what to sell on eBay can mean success or failure as a seller. Each seller has access to or knowledge about unique products. Learn how to decide what you can sell on eBay for profit based on your experience, your location, and your skills.
There is no magic product that sells every time, all the time on eBay. Trends change, customer preferences change, and supply and demand changes. That being said, let's take a look at your unique situation as an invividual seller.
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Do you have access to a particular product that others do not? For example, I know an eBay seller who also works at a movie theatre. He has made arrangements to obtain the movie posters and he sells them on eBay. I know another seller whose brother works at the McDonald's Corporate office. He has access to all kinds of McDonald's "stuff" that the rest of us would love to get our hands on to sell on eBay. Think about your relationships and people you know and determine if you have access to a unique product to sell.
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Do you collect anything and do you have knowledge about the items in your collection? For example, I know another seller whose hobby is vinyl record collecting. Ask her anything about records - she knows the answer. She started an eBay business selling collectible records. She frequents estate sales, thrift stores, auctions, and flea markets to find inventory to sell. She knows what she is doing and her hobby has spilled over into a revenue-producing business. Step4
Maybe you don't collect anything, but you are knowledgeable (maybe even an expert) about a certain subject. This is where Baby Boomers have the younter generations at a disadvantage. If you are a Baby Boomer, maybe you know about fine bone china, leather goods, porcelain dolls, record players, or vintage clothing. Baby Boomers can walk into a thrift store or antique shop and recognize items they had as a child or young adult -and already know they are valuable. Age is definitely an asset when it comes to selling collectibles on eBay. Baby Boomers don't have to learn it, they have already lived it.
Step5
Do you have a hobby that you could turn into an eBay business? I know another eBay seller whose daytime job is computer repair. He turned his hobby into a thriving eBay business by buying junk computers, stripping them of the parts, and selling the parts on eBay. He is an expert when it comes to computers, so he knows exactly what he is doing. I also know a chef who makes his own seasonings, and he sells those on eBay. Think about what you already know how to do, and determine if you can turn your interest into an eBay business.
Step6
Do you have a talent or skill that you can sell as a service on eBay? eBay has a section on SPECIALTY SERVICES where sellers offer graphic design, calligraphy, event planning, and artistic services. If you are a skilled artist and can draw or paint, you could have buyers email photos to you to work from. Do you sew, knit, crotchet, or embroider? You can make custom gifts for buyers. Just make up a few samples, take photos of them, and post them on ebay to see what happens. The possibilities are endless.
Step7
One last word about deciding what to sell on eBay: Secrets don't last long on eBay, so be flexible. If you really want to have a successful eBay business, there is no substitute for doing your research, learning the fundamentals, working hard every day, and being persistent.
