About 12 years ago, I sold on eBay for an antique dealer. He had the antiques’ knowledge and I had the technical knowledge. We made a nice profit as well. The more knowledge you have on certain items, the better your sales will be.
Can I make money on eBay? You most certainly can. And today it is much easier than it was 12 years ago. And there is no end to what you can sell. Practically anything sells. If you decide to sell on eBay, it’s always best to read what you can sell, or can not sell. And what steps you’ll need to take, for certain items.
Why not eBay? The reasons are many. eBay is a trusted website. After all, they have been around for 23 years. Many shoppers prefer to shop on eBay. The reason for this is both the buyer as well as the seller are protected against bad selling services, as well as any scams. And it is easy! I mean, compared to 12 years ago, you can pretty much list within minutes!
You can sell one of two ways, that I know of. And you can do your listing as an auction, or buy it now, even both! From experience, the auction has always worked out for me. Again, the more you know about the item or items your selling the better off you’ll be. You’ll know their worth and which listing would suit your item better.
You can choose to sell internationally, or in any particular part of the world. You will want to become as knowledgeable as possible if you decide to go internationally. Your post office will become your best friend. I won’t swear to it now, but 12 years ago, most boxes could be picked up at the post office, or arranged to have them delivered to your home/business, free of charge.
A heads up , they do not send to PO boxes.
They’re Already Established
Since eBay is a household name, there is no need to pay for any advertising. You can actually start up an eBay store, without all the start-up costs you would spend a store-front building. It is an excellent idea for small businesses. You get to pocket most of your profits. No rent, overhead, utilities, insurance, etc. to worry about. eBay fees of course. And with eBay, privacy is key.
You get to make up your own rules when it comes to your return policies, and shipping fees. If you want to put no returns allowed, that is your prerogative. eBay is very flexible, using your own photos and description, you have the control to make all sorts of money.
There are no out-of-pocket expenses to get started. But once you start selling items, eBay takes ten percent of the sale item. And PayPal takes three percent. If you list more than 12 photos for each item, there is a small fee. I’ve yet to use more than 12 so I’m not sure of that additional cost.
You are given 50 free listings per month. Anything over that comes out of your sale price of the sold product. As a starter, you will be allowed ten free listings or earnings up to $1000, whichever comes first. If you plan on becoming a ‘power seller’, you might want to check out starting an eBay store.
You become a trusted seller on eBay, the more satisfied customers you have. They can leave feedback on their overall satisfaction, or lack thereof satisfaction. These comments have you earning stars with eBay. The better the customer service is, the more people will start buying from you. Recurring customers, come back for a reason, they appreciate doing business with you. And who can’t help but brag that they got their iWatch, from you for $150 cheaper than their co-worker? 🙂
What Can I Sell?
You can sell whatever your heart desires. Your car, even your home, condo or timeshare. Forget about paying to place an ad in your local newspaper, list it on eBay!!! Do you have property, list it on eBay.
From cleaning out your closet to selling items you’ve bought at yard sales etc. There usually is something, someone out there is willing to buy it, at the right price! In fact, eBay boasts that they have 177 million worldwide shoppers, that you can sell to.
Items you can find around your home. Here’s a list to get your started:
- 8 track tapes
- action figures
- airline lounge passes (old ones)
- autographed pictures/books/albums/etc.
- baby carriers
- ball caps
- band instruments
- Barbie accessories
- battery chargers
- Beanie Babies
- blank CDs
- board games
- Bluetooth items
- broken electronics
- cuff links
- custom t-shirts
- discounted items
- Disney items
- dress shoes
- DVD players
- empty boxes
- fitted hats
- gift cards
- greek wear (fraternity or sorority)
- hard drives
- ink cartridges
- junk (you would be surprised!)
- K cups
- koozies (you have to keep that beer cold!)
- make-up samples
- memorabilia (Harry Potter, Star Wars, Star Trek, Harley Davidson, Kiss, to name a few)
- old coffee mugs
- old camera’s
- old luggage
- old magazines
- old tickets (concerts, plays, festivals, carnivals, operas, etc.)
- perfume samples
- picture frames
- pine cones (yup–you heard me right
- playing cards
- postcards (vintage)
- products that have been discontinued
- real estate
- record albums
- rotary phones
- shades (for lamps)
- shot glasses
- sport cards
- sport jerseys
- sport posters
- sport banners
- sport programs
- sports tags
- stuffed animals
- team flags
- tennis racquet
- tennis shoes (Converse/Chuck Taylors & Reeboks, to name a few)
- tote bags
- used clothes
- vacuum cleaner parts
- VHS (especially Disney videos, and even blank sealed tapes)
- video game consoles
- video games
- vintage concert tees
- vintage Star Wars
- working cell phones (old ones too!)
- women’s hygiene products
Now start selling today!
Its easier than ever to sell on eBay today. I know many people that make both a part-time and full-time income. I feel if you sell something your passionate about, you’ll make more money. Do some research on what sells, and what doesn’t sell so good.
The help that you will find in the eBay community is the best you’ll find anywhere. And there are countless websites to show you, or sell you, the ropes of the trade. And, yes, you can hit up youtube, you will find thousands of videos on how to get started, on what sells for them, and more.
- sign up for an eBay seller account
- If you don’t already have one, sign up for a PayPal account. It’s the most secure way to pay for your selling fees and get your money from buyers. You will be linking your PayPal account to your eBay account, if you go there route.
- Create a listing for the item you want to sell (be sure to double-check everything once you are done)
- add your automatic payment option
- verify your identity, usually with a telephone number or credit card (this is asked to secure your account)
Interested in an eBay Store?
Once you get established on eBay and have sales, eBay requires at least 25, under your belt, 2-6 months, you may want to consider a store. This time frame also allows you to get plenty of customer feedback. Positive feedback! Personally, I won’t buy a thing from a seller unless they have at least a 98% approval rating. I do make exceptions where a power seller has sold 506, 713 items and has a 94%.
If you’re not making enough money, you really need to ask yourself is it worth it? Maybe you need more exposure, which a store can definitely give you. I wouldn’t start with a store if your new to the whole thing. Start off slow, and then see if a store will best suit your selling needs.
Re-check your payment option. I opened a bank account just for doing eBay. It helped ensure that I wasn’t dipping into any personal income. This is a business, treat it like a business. And with most businesses, what you put into it, is what you’ll get out of it.
I use it when possible on all my online purchases. A couple of times, PayPal would not pay for a purchase, from a suspicious site. This is why I’m always looking for the PayPal option to pay.
Side note…I advertise my items on Facebook, Twitter, and Pinterest. All are free. And who doesn’t love free advertisement?
There are other ways to sell on eBay. This is something I will be checking into, probably next year. after the holidays. I will come back and update this section soon. So be sure to bookmark my site, or become a subscriber through word press.
I’ve also found where people offer help, for a charge of course. But, personally why pay for it when eBay has everything you would want to know in their community. And if you can’t find what you’re looking for, you can ask a question.
I currently sell on eBay myself, for myself. We are downsizing drastically, we’re getting ready to retire, so we plan on majorly downsizing. Therefore, I’m selling things we no longer need. Money made from eBay will be going directly into our IRA’s. How sweet is that?
If you plan on giving this a try, I wish you much success and good luck.
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