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subject: Learn To Make Money On Ebay ! [print this page]


Learn To Make Money On Ebay !

So you want to sell stuff on eBay, but you have two minor

problems: you don't know how and you don't have stuff. Not a

problem. Keep reading for some tips to get you pointed in the

right direction to learn to make money on eBay.

Before you begin youll need some basic equipment: Computer,

Internet access, digital camera, and some space to put your

stuff. Thats really all youll need to get started. Youll also

need shipping and packing supplies but that is addressed later.

Next youll need to learn how to list auctions. Go to the eBay

sellers overview:

http://pages.ebay.com/education/sellingtips/index.html. This

will be your lifeline. There is a plethora of information there

on everything you always wanted to know and more. Dont be

overwhelmed; just take it one step at a time. Youll see there

is information on listings, on bidding, on photos, on feedback

its all there.

Next youll need to figure out what to sell. Before you zero in

on a particular niche you need some experience and some

feedback. Buyers are generally leery of buying from someone who

is brand new and has a feedback rating of less than 10

evaluations. While you are getting your feet wet, look around

your own house first. Youd be amazed at what people buy. You

could list outgrown clothing, magazines, candle holders, CD,

books, flannel sheets, recipes, the ugly old lamp that was Aunt

Mildreds, all those goofy Christmas gifts sitting in your

basement, that old baby gate with a stain on it. Get the idea?

You never know what someone will want.

Although you need experience, you dont want to list something

that isnt likely to sell. Do your research first before you

invest the time in putting together a listing. An easy method to

use is do a search on eBay, then look up COMPLETED ITEMS, then

sort by HIGHEST price. Then youll see if your Tommy Bahamas

shirt is really worth anything. Or youll see that your old

baseball cards had 23 listings and not one of them sold.

Pricing is another challenge. Again, youll need to do your

research. See what theyre going for. Dont have overly high

expectations. You know how you feel when you go to a garage sale

and you see a pair of jeans for $15 or books for $4 each. Many

people come to eBay to look for a bargain. Consider how much you

have into the item. If you have an item from around the house,

you may consider that something is better than nothing, so you

may be inclined to start the bidding quite low. If you bought it

with the specific intention to resell, you will, at the very

minimum, want to break even, so take the price you paid for it

and consider other costs, i.e. listing fees, final value fees

(all explained in your lifeline eBay seller overview above).

People are much more apt to bid if the bidding starts LOW.

Sometimes though, you will have collectibles that are worth a

chunk of money. Dont give away that vintage postcard that is

worth $56! Do your homework.

The next big question is how do you get paid? You determine what

you would accept. Online payments such as PayPal (paypal.com)

are very convenient. You can also decide that youll accept

money orders or personal checks. The more options you leave your

buyers, the more likelihood youll get more bids.

You also need to decide how you want to ship your items to the

winners. Many sellers use USPS, others prefer UPS. If you use

USPS and ship via Priority Mail, you can get your envelopes and

boxes free from USPS. If you ship First Class or Parcel Post or

UPS, youll have to shop around for deals on boxes or envelopes

and bubble wrap or packing peanuts.

Overwhelmed yet? Yes there is a lot to learn, but its not

nuclear science. Just take it one step at a time. Its a

learning process. Some yahoo groups (or MSN or AOL, or whatever

your preference) are great sources for support and camaraderie

with others who are doing the same.

So in summary, if you want to just start pushing buttons and

learn to make money on eBay on your own, YOU CAN DO IT. If you

do better chatting with others, those resources are available

too. Use what is available.

or not you will be in a selling, supervising, distributing or soliciting role which is required under federal law.

by: Pradeep 9250367042




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