eBay is an online shopping site that’s known for its consumer to consumer sales. It’s popular for online merchants to use as a sales channel. Ebay’s available in different countries. You can search for available products in your local area by simply enter the zip code of your area. Instead, you can search for items or products available internationally or nationally.
Anyone can open an eBay account for free. You can opt to sell as well as buy products. When you have a seller account, there are fees associated with it — for example, listing fees.
The costs vary on the price you sell your products for, as well as how long you list them. From its humble beginnings in 1995, eBay’s evolved into a household name. Even if you’ve never used it yourself, you’ve probably heard others talk about it, or seen it on television, in the movies, or on the news.
That’s because you can buy and sell nearly everything here, millions of transactions go through every single day. The real draw for eBay buyers and sellers is the utterly capitalistic nature of the site. An item on eBay is worth precisely what someone is willing to pay for it.
This can means sellers can command very high prices for highly sought after items- like collectibles, discontinued items, vintage items, unusual goods, or anything in short supply. Some collectors spend hours each day on eBay making a living buying and selling collectibles.
How To Sell on eBay For
1. What accounts to open?
You need an eBay account with managed payments active.
2. You are going to have limitations on your accounts
if they are brand new, typically on eBay, you’ll be limited to 10 items and/or $1000 just be aware of that. You can ask for increases once a month. Signing up for an eBay store will NOT increase your selling limits.
3. What items should you list for sale?
Well because you are going to be limited to those 10 items and because your account will have 0 seller feedback, you want to list highly desirable items that sell fast!!!
I tell new sellers to look around their house and try to find stuff like video games, consoles, electronics, etc. those types of items have a great demand on eBay and buyers will look past feedback if the deal is good enough.
4. How should you list your items?
There are two ways, but it now or auctions. 99% of our listings currently are listed as buying it now, we only run auctions when we want to clear out old inventory.
That being said, when you first start, auctions can be a good way to guarantee a sale instead of waiting around for a certain buyer, so your options are, list as an auction and take the risk of an item not selling for as much money as you’d like, or list as buying it now and wait.
Again, if you list desirable items for a fair price they will sell as buy it now, so we’d suggest going that route, to begin with.
5. How to research how much to list your item for?
This is fairly easy, go to sold items on eBay, sort by recent sales and take a look at what’s sold. Then go to currently listed and see what your competition is, at the beginning you’ll need to ask less money because you’re not yet a trusted seller.
6. Feedback?
So as I said before everyone starts with zero feedback, to get positive seller feedback you should list your items well, take good pics, ship fast, and include a thank you note. While you’re doing that, buy some supplies on eBay from sellers with high feedback that will automatically leave you positive feedback, it won’t show as seller feedback but it does count toward your overall number.
7. Pictures and listing?
Make sure you’re taking clear pictures, you can use a phone, I’d suggest an iPhone, take your pics in square mode, adjust the brightness. Make sure your lighting is good, you can go to the dollar store and grab a white poster board, that’s how we started.
