It may seem like it has been around for decades, but eBay is still only 15 years old. The world-famous auction site, self-styled as ‘The World’s Online Marketplace’, is a multiple billion-dollar business with millions of individual products listed, bought and sold online every day.
And while the company is worth big money, did you know that you could earn from it too? There are a growing number of online entrepreneurs who use eBay as a second income – or better yet, as a main job.
So how can you start an eBay business? What are the steps you must take to get selling and turning a profit?
Locate your bargains
Whether it’s at a load of local charity shops, car boot sales or discount chain stores, you need somewhere from which you can sell your eBay bargains. If you’re looking to sell on eBay and make good money then you’ll want a constant stream of quality products moving in and out of your premises that you can sell at a profit, so it’s vital to know where you can get your products from.
Arrange self storage solutions
Unless you live in a mansion, or have a large room that you can solely dedicate to holding and storing your eBay goods before selling them, it’s very advisable to find a self storage solution near your house. There, you can ensure that your goods are kept completely safe and secure – while you won’t spoil your home with clutter and goods everywhere.
Organise, organise, organise
In your self-storage area it is very easy for your stuff to get confused and lost, even in a small space. So be sure to label or store your items correctly – whether they’re yet to be listed, in the bidding process or waiting to be sent. Your life will be so much easier with a well-organised area.
List and describe your products correctly
It’s surprising how much money you can make by doing the simple things right. Merely by taking a number of high-quality photos and describing your item in great detail, you’re increasing the chances of people choosing to bid on your item – while there’s also a much lower chance that they receive something they don’t actually want.
Maintain your customer service
When you’re on eBay, you’ll probably notice the star and the number next to your name – that’s the seller ranking and the amount of people that have bought and sold from you. Next to those will be a percentage of happy customers, and if you’re looking to make money from eBay then this customer satisfaction percentage will need to be as close to 100% as possible. If you do receive a negative review, contact the buyer and see if there’s anything you can possibly do to change their mind and keep your reputation intact.
Are you looking for a safe and secure self storage to keep your stock for your eBay business? Talk to Easystore today about finding the storage solution that suits you.
EBay has been the first choice when people consider selling online. The advantage of having an eBay business is you can do it at the comfort of your home and either makes it a part time or full time business venture.
In this article you will learn the steps that you need to do in order to get started in your own eBay home business.
First thing you need to do is visit the eBay website. Read helpful articles and watch the seller video to gain helpful information on how to become an eBay seller.
In order to sell on eBay you need to register and create a seller’s account. You need to provide information to verify your identity. You will also need to provide payment method information to determine how you will be paying the seller listing fee. In addition you need to choose what payment method you’ll be accepting from buyers.
If you are just starting, buy a few things that don’t cost much to get a feel on how to sell on eBay. Buy something that you can use in case you won’t be successful. Selling a few things as a start will help you earn feedbacks. It is difficult to sell on eBay if you have zero feedbacks.
Open a PayPal account since most buyers prefer PayPal as a method of payment. Aside from the security it provides both for sellers and buyers, PayPal is owned by eBay so it is advisable to register an account with PayPal as well.
Once you get a feel of how to sell on eBay, try new products and test how they will sell in the market. Every now and then, new products are being introduced in the market. So it is important that you are updated with the latest trend and what sells most on eBay.
Join forums and interact with other sellers to gain helpful information. You can save a lot of time and money by asking other sellers regarding their experiences on eBay. You will also meet possible business associates and customers by joining forums.
If you are an aspiring eBay powerseller, the eBay forum is the place to obtain all of the advice and guidance you need to manage your online auction business. With tips and tricks plentiful, it’s a bookmark worth retaining for ever more. Join free today!
Looking for tips for selling items on eBay? You’ve come to the right place, I’m about to go over a few tips that I know have helped people turn their eBay business into a smash hit.
The first, and probably most important tip, for selling on eBay is to know what to sell. I mean you can browse around and even come up with some ideas yourself, but how do you know what REALLY works? The only real way to answer that is to stimulate our creativity. What would YOU buy on eBay? What would you search for online? What are you missing right now that would solve a problem for you?
Things like that are what drive people to buy things online. Most of the people who visit eBay have something in mind that they want to buy. Very, very few people buy something that they just happened to come by. 90% of the sales are from people being driven to a product by their search.
This means that people know what they want and look for it. By having this piece of information you know that you have to then find out what it is people are looking for.
Whether it’s the newest phone, iPod, clothing accessory, bag, book, movies, or any other electronics or items, you just have to find out whether it’s something that is being searched for.
Once you find out that people are buying the item frequently, and you have something that tons of other people would buy, you just have to make sure that your costs are low so that you have a big profit potential.
Another tip also is to get an eBay store. This will make it easier for people to find your products, and also allow you to keep in touch and use some other powerful features that eBay has to offer. However, I only recommend getting an eBay store after you’ve found at least one good product that is generating sales for you.
Wouldn’t it be great if you knew the BEST products to sell on eBay? Right now? Check out this FREE GUIDE that shows you EXACTLY what to sell on eBay right now!
With over 15 million UK members, eBay is a potentially lucrative market place which can be exploited to make serious income.
The problem many people have is that they list anything and everything, and then simply hope for the best. This isn’t the approach which will make consistent sales.
I’ve personally run over 10,000 auctions on UK eBay since 1999, and I suggest that one of the keys to consistent sales is research.
The type of research I am talking about is that made BEFORE any products are listed. The objective of such research is to determine what might be a product that can be sold on a repeating basis. What you’re looking for are items which you can list, sell and then re-list.
Here are some examples from a recent survey of sellers over seven days of activity on UK eBay:
Seller skylight-sourcing sold 37 sets of exercise dumbbells
thetimemanltd sold 80 “your photo onto canvas”
pulsar777pulsar sold 31 dolls houses
piranha_trading sold 111 computer PC desks
tatey1968 sold 19 Harry Potter & the Deathly Hallows audio CD sets
babynurserydirect sold 56 baby walkers
yanming119 sold 75 touch-screen MP4 players
Notice how each of these sellers made many sales of the same product. This is key if you have a desire to make significant money selling on eBay. (You can check out each of these sellers for yourself by going onto Advanced Search on UK eBay.)
The question is, how can you identify products which fall into this category? In other words, how can you be certain in advance which products you buy-in will sell repeatedly in volume?
Well, that is the objective of your research.
The kind of information you want to know before you buy-in any products, can be identified in three distinct areas.
One is to find out what is currently selling well on UK eBay.
The logic is that you will have greater success in offering products which people are already buying than with products for which there is limited or no demand on eBay.
Next, you should review what search terms buyers are keying into eBay’s search box. The search terms which are searched for the most, are an indication of what items eBay buyers are looking for.
The last piece of evidence which assists sellers in deciding the products to buy-in for listing, relates to watching. On eBay, the facility for buyers to mark a listing as one which they wish to watch is a useful piece of intelligence. The listings which are being watched by the highest numbers of buyers are items that are in healthy demand.
In summary, research is what will help you to differentiate from others selling on UK eBay. Try and determine before you list which products are going to sell successfully.
The research approach is highly successful for me, and is one which I recommend you to use to help increase your eBay sales.