If you want to start making money at home quickly, with little to no investment, selling on eBay is a viable option. There are many advantages mae starting an eBay business including:. Like any business, you need to research, plan and then implement and evaluate your plan. If you’ve never bought or sold something on eBay before, now is the time to do it. Taking a test drive on makee will not only help get familiar with the system but also, determine if it’s something you want to turn into a home yow. Sign up for a free account. If you know you want to build a business, use the eBay business account sign-up option. Sign up for a PayPal accountwhich will make it easy for buyers to pay you as soon as the item sells. Buy. The best way to get a feel for eBay selling is to do a transaction as a buyer. Pay attention to the listings that attract you, such as the photo, headline, and price.
About the author
Those without a subscription can list up to 50 items per month for free. After that, each listing costs 30 cents. There are three levels of subscriptions: basic, premium and anchor. Before listing, research the current market for your items. That will help you set competitive prices and increase your chances of selling. EBay is known for its auctions, which can last from one to 10 days for most items. For example, if you use PayPal to process payments, it will cost 2. To create a listing, you need to provide at least one photo that has a minimum of pixels on the longest side. Most listings let you post up to 12 photos free. Aim for high-resolution photos, too.
Trending News
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 spot behind Amazon and Walmart in terms of visitor numbers, with an impressive million visits per month. Ebay lets sellers create an auction easily and cash in within a week. As of February of , the app has an audience reach of People dipping their toes into Ebay for the first time are usually looking to sell pre-used items. These Ebay users pop up only when they have stuff to sell, usually items they have around the house. This group of Ebay sellers trade during their free time and usually scales up when the business shows true potential to expand. Refers to established businesses with a large customer base and significant product turnover. They typically work full-time on their Ebay business. Knowing who to source your products from and building a strong relationship with suppliers is one of the most important pieces of the puzzle if you want to have a successful dropshipping business on Ebay.
2) Watch your fees
Those without a subscription can list up to 50 items per month for free. After that, each listing costs 30 cents. There are three levels of subscriptions: basic, premium and anchor. Before listing, research the current market for your items. That will help you set competitive prices and increase your chances of selling. EBay is known for its auctions, which can last from one to 10 days for most items.
For example, if you use PayPal to process payments, it will cost 2. To create a listing, you need to provide at least one photo that has a minimum of pixels on the longest. Most listings let you post up to 12 photos free. Aim for high-resolution photos. Those should be between and 1, pixels on the longest. Good enay will also help you stand out in a sea of so-so photos. Instead, try shooting in natural lighting, without the flash. You can always upgrade later.
Customer service is the cornerstone of any online business. Those cover your communication, product-description accuracy, shipping charges and delivery guidde. Start off right by providing an accurate title and detailed description of each product, noting any defects or variations in quality.
Shipping plays an important role in customer service. Two-thirds of packages are delivered in three days or fewer, and most items ship for free, according to eBay. Those standards ma,e be difficult for new sellers to meet. Even with proper planning, you might encounter issues with delivery or dissatisfied buyers, says Mike Mammone Jr.
At NerdWallet, we strive to help you make financial decisions with confidence. To do this, many or all of the products featured here are from our partners. Our opinions are our. About the author.
You may also like
Check it. Here’s. Plus, insider tips on how to make money on eBay from eBay senior exec Jim Griffith. Ramit Sethi. We also interviewed a senior executive at eBay to get insider tips on how to make money selling stuff on eBay. Want more money? Susan and I are both fans of Big Wins. That means aggressively cutting costs, optimizing our spending, and earning. How much can you really make on the site anyway? Most importantly: Is it worth it … or am I just going to get screwed by selling all of my stuff way below market value. Photos are going to be the very first thing people look at when they click on your product listing.
Types of Ebay Sellers
I wouldn’t let anything, even a divorce stand in my way. My solution was eBay. I could make a killing on eBay, good profits, ship when I wanted to, and still be there for every second of my children’s lives. It was the best of both worlds. Although I’ve been selling on eBay for 15 years, I created a very successful, stable income for myself and my kids in a year and a half. There was no teacher telling me what I should do or not .
Comments
Post a Comment