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Little One | Can anyone tell me how to make money selling on ebay? What I mean is how do you go about getting on and sellin |
My husban and I have a lot of things around the house that we would like to get rid of. We think that we can make money selling it on the internet what do you think and how dose one go about doing it? Can anyone help us? |
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imisidro
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Your first stop should be eBay's Guide to Seller Services http://pages.ebay.com/help/sell/services.html
eBay's Seller Central has all the resources you need to learn about the basics of selling on eBay http://pages.ebay.com/sellercentral/index.html
The key to a successful eBay selling is simple -- Sell products that people actually want.
Selling on eBay is not as easy as some portray. In fact, go to eBay and check out the number of auctions that end without a single bid. Competition is getting tough, as more sellers go to eBay; even the big boys are joining in the eBay marketplace. Add to that the increasing listing and final value fees.
Buying from garage sales and selling on eBay is fun, and good getting a few dollars here and there from ebay. Sometimes, you luck out on an item and hit big, but many times it will just be so-so (assuming you can even get the price you paid for it). In terms of fun factor, it is great. But from a business stand-point, it is not. Not sustainable.
If you want to earn serious money from eBay, you need to have a well-thought out business model. Selling on ebay is getting tougher -- just look at the number of auctions that closes without a bid. Go to the boards on ebay and you will hear even oldtimers complaining about how stiffer competition plus higher fees make it so much harder to sell on ebay.
One success model of ebay is the couple Jay and Marie Senese (username jayandmarie) of the 1-cent CD fame. They have the highest positive feedback number of all sellers on eBay. Their business model is to buy very low cost CDs in bulk (those that CD stores sell in their discount bins) and offer them on ebay at a starting price of 1 cent http://www.businessweek.com/magazine/content/04_23/b3886080.htm Their success is based on the fact that they stumbled on a sustainable business model with products that people really want. They sold their business -- where else but on ebay -- for $5 million! Now that is success.
eBay has several ways for you to determine exactly what the hot items to sell on their marketplace:
Items In Demand = the most popular items currently within that particular category. To see the In Demand page, go to http://pages.ebay.com/sellercentral/sellbycategory.html
Hot Items by Category Report = a monthly report that lists the fastest growing categories on eBay for the previous month. Go to http://pages.ebay.com/sellercentral/whatshot.html and select "Hot Items by Category" from the menu on the left.
eBay Pulse = "a daily snapshot of current trends, hot picks, and cool stuff on eBay". Go to http://pulse.ebay.com/ to see eBay Pulse in action.
Merchandising Calendar = eBay promotes specific categories on its home page each month. Savvy eBayers know that this home page exposure results in more interest in such categories. Go to http://pages.ebay.com/sellercentral/calendar.html to view the current Merchandising Calendar.
Other non-eBay sites that teaches how to sell on eBay successfully are:
How To Be a Successful eBay Seller http://sbinfocanada.about.com/cs/onlinebusiness/a/ebaysellingtips.htm
Resources for Professional Ebay Sellers http://www.skipmcgrath.com/ |
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