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
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.
up an Ebay sellers account
a few items to get the hang of it and a feel for the
transaction from start to finish
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?
Research product ideas and what is selling well and what
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.
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.
Market your product – Presentation is key on Ebay.
Use good photo’s displaying your product.
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.
Packaging – package your goods well and if you can,
brand them in some way. This will always leave a positive
impression on your customers.
– 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.