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Step by step ebay guide

Making money on Ebay is as easy as spending money on Ebay. Don’t you wish everything was as simple as that! Take a look around you. Everything you see – provided you own it – can be sold on Ebay and yes people will just about buy anything.

I recommend you start making money with Ebay by selling a few things you don’t really want anymore. Maybe a couple of old DVD’s or some sports equipment you don’t use anymore, anything really. It’s important to get a feel for Ebay, the system, the market, ratings etc. before you start to think about opening a fully operational business or shop through Ebay.

Here are a few pointers to help get you started.

1. Set up an Ebay sellers account

2. Sell a few items to get the hang of it and a feel for the transaction from start to finish

3. Build up a positive reputation – this can be said on steps 1 – 10 as it’s very important in the Ebay community

Do you feel this could be worthwhile? Have you got a product/s in mind you believe you could make you money?

4. Research product ideas and what is selling well and what isn’t

5. Choose what type of Ebay store you want to open e.g. name, overall idea and what type of products you are going to sell

You’ll need to research this before jumping into it. Where are you going to get the goods from? Are you going to invest a lump sum of money into buying a large amount of the product – which can be high risk or are you going to use a drop shipper? Here is Wikipedia’s deinition of Drop shipping: “A supply chain management technique in which the retailer does not keep goods in stock, but instead transfers customer orders and shipment details to either the manufacturer or a wholesaler, who then ships the goods directly to the customer.” If you are going to use a drop shipper, look for a reliable one by searching various forums, blogs and review sites.

6. Payment options – Paypal is the recommended method of payment accepted by all Ebay members. Transactions are instant and are linked with your bank account. Beware of fraudsters and make sure you receive all the funds before you ship or hand over the product.

7. Market your product – Presentation is key on Ebay. Use good photo’s displaying your product.

8. Communicate with your audience – provide as much detail, information and a clear description of your product. Sellers will have loads of questions about your product so give them as much information to help close the sale.

9. Packaging – package your goods well and if you can, brand them in some way. This will always leave a positive impression on your customers.

10. Tax – it’s worth mentioning that you’ll need to keep a record of all transactions and stay on top of your tax. The Inland Revenue do follow Ebay closely and you don’t want to ignore your tax responsibilities only to have a nasty surprise waiting for you at some point in the future.

Selling goods online through Ebay can be very easy. Don’t get me wrong, you will have to commit yourself and make sacrifices in order for your online Ebay business to be a success but it is well worth it in the long run.



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