How to make more money on ebay

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 to 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 eBay will not only help get familiar with the system but also, determine if it’s something you want to turn into a home business. Sign up for a free account.

How People Make Money on Ebay

There are million eBay buyers worldwide. There are a few different types of eBay sellers. PowerSellers are professional sellers who spend a lot of time purchasing items, packaging products, shipping and receiving goods, and managing auctions. To make extra cash, she turns to her closet and sells her gently used designer threads under a fixed-price listing. He scours the internet for comic book collectibles and video game action figures to resell. Three categories that sell particularly well on eBay are:. While some eBay sellers focus on a niche product, others follow the trends to sell what is popular at the moment. This will require a bit of research on your part. You can use this tool from eBay to see what buyers are searching for. Another resource for researching seasonal trends and historical data is Google Trends. You can use it to help gauge consumer demand and determine the best time to list and sell your product. You can use the eBay appraisal tool to determine the value or trending price of a particular item in a specific category.

Timing is Everything

When eBay first launched in , it was a true peer-to-peer marketplace built on auctions. There are pros and cons to each selling method — the one that will work best for you is highly dependent upon your individual business. You run a traditional auction for a specified number of days. At the start of the auction, you list an opening bid, and then buyers will bid up from the opening price.

5 expert tips for selling on eBay

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 do. It was all trial and error.

How to make money on eBay in 37 minutes

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.

JS Josh Shapiro Jun 12, Be generous and quick in giving feedback in the hopes that your buyers will do the same for you. Just like you could have the greatest restaurant in the world, but if it is down a dirt road off the beaten path with no directional signs, customers can’t find it can you won’t have any business. Many sellers come to eBay as a way to downsize or clean out a lifetime of accumulated items. Best Offer. Follow these easy steps:. Refer to the photos you’ve taken to write an accurate and complete description. Rated this article:. For tips on taking great photos and creating strong listings, read on! Not only that, Power Sellers enjoy a number of advantages and benefits and special access from eBay. Heidegger Metayer. These days, selling is very fast and easy; you can choose to sell from a desktop, a laptop, a tablet, or even your smartphone. There are three paid subscription accounts available on eBay. It’s important to do this so that you will factor in all the costs involved such as fees, shipping, packaging, cost of the item.

2) Watch your fees

Read. At joney point in my life, I was an eBay powerseller. And when I ran out of my own junk that I had in the basement, I started going to yard sales, and eventually to auctions. As eBay has evolved, so have the requirements for successful selling. Here’s how to go about it. You may be a seasoned seller on eBay, or you may have just started with your eBay seller career, these tips can help boost your profits.

Read Morethe following tips can help. How do you list something, how do people pay you, and what about shipping costs? These days, selling is very fast and easy; you can choose to sell from a desktop, a laptop, a tablet, or even your smartphone. Even eBay published this advice right on its website as recently as Well, if you consider that most sellers on eBay are following this wisdom, that fact alone has changed the whole game in recent years. What does this mean for you?

It means that if you really want to sell that item for more money, you need to take some time to do your research. How do you do such research? Many people use sold item listings to look up typical prices that their item sold for, but now many sellers go a step further and check for a pattern revealing what day of the week and time of the day the highest selling auctions ended on.

Opening up a calendar window and scanning down the sold item listings quickly revealed that antique mason jars tend to sell at the highest prices when ending any day between Friday and Monday, some mlney between and Pacific time. It only takes a few moments to conduct this search and scan down sold listing dates, but those few moments could earn you sales that are significantly higher than usual.

It was a truism for many years, for most sales experts, that you wanted to start sales negotiations with a higher starting price in order to anchor yourself at a strong starting point. This reduced barriers to entry. Once people enter an auction, two psychological processes occur: one to people that entered the auction, the other to people not yet in the auction.

In other words, the whole point of the starting price on eBay is to attract more buyers at the very start. The problem as a seller is that starting low incurs a great deal of risk.

Take these exercise bench listings, for example. However, the second seller took a mame and launched the auction at 99 cents. Within the first few hours, there are already two bids. A reserve is a price that bidding must reach before you agree to actually sell it. This can not be stated enough: the number one element of any auction listing that can make or lose a sale is the presentation ,oney the item for sale. The quality of your selling page has the biggest impact on the final price above every other factor.

If you look at most of the very gow items, one thing that they often have in common is that the seller has taken the time to detail everything they feel the buyer needs to know about the item. And that information is most ro presented with a beautiful, relevant background image, formatted will with a title and headers, and well-written. Another sign of a good seller that people flock to buy from is dbay of clear pictures from all angles and including all aspects of the product, with the ability to view close-up features of that product.

And the more people you can convince to bid, the higher your final price will go. While the factors above will have the biggest impact on your final sale price, there are a lot of other things to take into account. This is not only true for the logical reason maake listing your item in the wrong category will result in far fewer viewers for your auction, but because some people who regularly monitor eBay for things First-Time Shopper On Ebay? You are the select few, chosen to be trained as sharp-shooting Ebay bidders, capable of finding the best deals and winning every auction.

Read More like antiques and collectibles usually return to specific categories again and again looking for newly listed items. When you put your item in the right category, you stand a chance of catching the eye of these regular collectors — and those are the ones who can drive up the final sale price significantly. One of the more important factors that can influence whether a buyer decides to bid or not wbay your reputation on eBay.

This is where the eBay feedback rating comes into account. It requires that you sell a lot of items, you are always responsive to any customer complaints, and you immediately issue refunds on any items that have flaws or damage that ebayy missed when you listed it. Remember: happy customers attract more customers, without fail. Are you an eBay seller? What tricks have you found that lead to higher final sale prices?

Image Credit: excited with his success by Studio 52 via Shutterstock. Explore more about: eBayMake Money Online. Your email address will not be published.

Well those are great tips for Auction items the set price and best offer options on Ebay have changed the game. These options also seem to be the preferred option now for sell vintage products. Well these are great tips for Auction items. The buy now, set price and best offer options on Ebay has once again changed the game. Email Facebook Whatsapp Pinterest Twitter. Enjoyed this article? Stay informed by joining our newsletter! Enter your Email. Read our privacy policy. Rob Soleski. Scroll down for the next article.

The 7 Best Selling Items on eBay.

Whether you’re looking to set up an online business or you just have a pile of clothes you’re hoping to turn for a profit, learning how to sell your stuff online can be a valuable and lucrative skill. Using eBay, one of the world’s largest e-commerce platforms, you can sell just about anything, with a few notable exceptions. Business Insider spoke to experts and online sellers about some of the best tricks for selling items on eBay. When photographing the items you’ll sell, take shots from multiple angles.

Types of Ebay Sellers

It’s incredibly important to make sure shoppers have as much information about your product as possible and high-quality photos are one of the best ways to differentiate your item’s listing from similar ones. For example, photograph clothing on how to make more money on ebay hanger, dress form, or mannequin. For shoes, photograph them from the top, sides, and bottom of soles,» Sam Brightvice president of merchandising at eBay North America, told Business Insider. If the item is pre-owned, include photos of any flaws or scuffs that you have described in the listing. Editing photos to brighten them or remove shadows is okay, but make sure the finished images that you post are accurate representations of the item you are selling. Determining the best way to list an item will help you to increase your chances of making the most money from a sale. Bright said you should sell your items at a fixed price using the «Buy It Now» feature when you know the market value of your item. This can be an efficient way to make a sale because m any shoppers won’t track an auction for something they can instantly buy from another vendor. However, he said rare or special items without a defined market value are good candidates for auction-style listings where demand can drive up the price. Users can also utilize eBay’s pricing recommendation feature to better figure out how to list their item and what to sell it. You might make more profits during certain days of the week. Stuart C. If you’re selling items using an auction-style listing, timing is crucial. You want to maximize the number of eyes on your products by running auctions during peak traffic times. Take full advantage of this traffic by setting up seven-day listings that begin and end on a Sunday night,» Alison Garrisonsenior director of creative and marketing services at e-commerce platform Volusion, told Business Insider.