Making Money on eBay For Dummies

Making Money on eBay For Dummies Cheat Sheet (Australian Edition)
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Not only will this self-imposed limit save you money, it's a good way to help manage the workflow involved with selling, like packaging and posting items. Another way to avoid the insertion fee is to watch out for free listing day promotions, which will allow you to list as many items as you want for no charge within a certain period. Earn cashback when you shop with these rewards credit cards. Sometimes eBay runs promotions where you can save on final value fees when you list over a certain period, so keep an eye out.

However, if your buyer chooses to pay via PayPal you will have to pay PayPal fees on the transaction. This is currently 3. You may have worked into the early hours to list all your items but if you end the auction at the same time, buyers are unlikely to be around to battle it out for your goods. You're almost certainly going to lose out on a decent final selling price if you end an auction at 3am on a Tuesday. Sunday afternoon tends to work best or a Bank Holiday Monday. While buy-it-now listings can be put on for three, five, seven, 10 or up to 30 days at a time.

You need to use keywords people will search for in the title of your auction in order to get your listing seen and high up in search results. Be specific, clear and precise including things like brand, size, colour and product name. Goofbid's free eBay Pulse tool shows the most popular search terms buyers use ordered by category.

A good way to think about it is to try to imagine what you would search for if you were looking for the item yourself. Or take a look at what other people have used in the title of a similar listing - especially those that have lots of bids! Whatever you do, make sure you check the spelling. Websites like Fat Fingers will hone in on your mistakes and give buyers a bargain.

Here are a few of the most commonly used terms:. Places to look are yard sales and thrift stores. Or sometimes people sell items in bulk, that you can buy, break up and sell by piece. Another option is to find products through a drop-shipper or wholesaler.

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Using what I can learn from you, I look forward to really getting into high gear with my online endeavors. These tools allow you to choose which merchandise is featured in your store, so you can choose items that might be of interest to somebody already buying one of your listed items. Here are nine steps to getting started and making a living on eBay. Sell a few items. Other editions. Kids and parents alike go crazy over them and there's an entire underground world of LPS. Some sellers take a general approach and will sell just about anything that gives them the potential to make a profit.

Drop shipping companies will handle the order and shipping, adding your business label for a fee. A wholesaler sells items to you in bulk that you will then sell and ship.

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Many eBayers focus on a specific product or type of product. Be careful about being swayed by get-rich-quick-on-eBay offers. Set up your business. If you plan to make regular, steady income from eBay, you need to set up an official home business , including getting a business name, obtaining a license required by your city or county, and developing a business plan.

Run your eBay business like a business. Along with a steady stream of quality products, you need to provide great customer service , pack items well and ship them quickly , manage your inventory, and keep track of your business finances. Open an eBay Store. Having a store provides many advantages over regular eBay selling including a custom online store, increased free listings, lower final value fees, marketing tools and more.

There are many places you can sell items online without having to create your e-commerce site. While many of them are great options, eBay was a first and remains a popular go-to site for people to buy and sell. The Balance Small Business uses cookies to provide you with a great user experience. By using The Balance Small Business, you accept our. Home Business Ideas Ideas. By Leslie Truex. There's no going around it. There are so many perks to having a store, one is that eBay promotes your store on search engines, so you're getting a lot more traffic than you will not having one.

Another perk is that it automatically gives you credibility. Do you know how many cases are opened with eBay by fly-by-the-night scammers? People want to order from someone who has great feedback and has a store.

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Want to make money online but have no inventory or online selling skills? Ebay is the perfect place to get started right now. With more than million active users in , Ebay remains one of the top online platforms for buying and selling products. It currently sits at the number 3.

Customers know you take this seriously and you have a reputation to protect. This means that if anything goes wrong, you'll stand by them.

If you don't have a lot of money to work with, again, look at the Freebie section in Craigslist or on local Facebook groups. You can easily get yard sale leftovers, curb alerts and free stuff all the time on there and sell what's worth money, and give away or throw away what's not. Think it's not worth it? This is how I made my living the entire first 6 months after I started eBay.

What really went well for me was clothes. Sometimes, I'd even resell the clothes back on Craigslist separated out by sizes. Say someone has pieces of clothing, nothing is separated into sizes, you break up the lot, sell it by size and make a lot of money. Same thing with eBay. If you have a mannequin, you could start selling them piece by piece and get a lot more than that. It just depends on how much time you have. Yard sales are great to find things, especially books and jeans. Keep your eyes peeled, and do your research.

After a while, you'll know exactly what goes and for what. If you keep your cell phone with you, never let them see you looking up something and then try to buy the item. You just told them it's worth something, and you'll never score it for a good deal now. You absolutely have to be available for questions at all times.

The general rule of thumb is that you want to respond to questions within 1 hour. I know it seems harsh, but if you call a company, do you want them to call you back next week? Or do you want help now?

Because I guarantee you, they'll just go somewhere else, buy from someone else, and you lost the sale. Likewise, always be professional and polite.

How to Make $200 a Day on Ebay

There are times where you'll wanna slap someone. I had a lady the other day who ordered something twice, I contacted her to ask her if she meant to do that, she said no. I said okay, I canceled the transaction. She said nevermind, I'll just buy two. I shipped out two, then now she's saying she only received one even though USPS says it was delivered.

How to Get Started Selling on eBay

Always get tracking by the way. It's part of the job. You HAVE to be polite. Just know that you are protected in cases like that, and it's just a matter of time before eBay makes a decision in your favor, but if you're rude and mean, customers CAN slap you with a harassment case.

51 Secrets to eBay Success

If you're found guilty, you can be kicked off. Even the little snarky remarks are considered harassment, so always practice fantastic customer service skills. The more oddball your stuff is, the more weird, or rare it is, the better it'll sell.