Selling on Ebay Extra Income Guide Tips and how to
EBay established in 1995 is a virtual online auction house that brings together buyers and sellers from across the globe. Selling on eBay is extremely easy and offers you a great source of extra income. As well as clearing away odd disused items from around the house it can be a steady income stream for most people. As the world leader using eBay is a wise idea.
One of the first things you will need is a seller account. Setting up a sellers account on eBay is very easy and only takes a few moments. After you have chosen your unique trading name and filled in the necessary data fields you will next need to set up a PayPal account. PayPal is the preferred payment method on eBay although sellers can choose other additional payment methods such as cheque, postal orders, and bank transfers. How much detail you want in consideration of your business will depend on you as an individual but here are definitely some elements which you will need.
Items to sell
Ideally you will need a steady source of items to sell on eBay. Firstly examine your house for any items which no longer have a use. These could be in the garage, loft, cellar, or the outside utility shed. You could even create an eBay box or area for products and add to this any extras items you find. One of the keys to using eBay as a supplement to your existing income is to have fresh stock on a continual basis.
New stock
Many people buy from flea markets, fairs, other eBayers, and even import items to sell on eBay. Many great items can be found this way. It is also worth considering drop-shipping items from overseas. The business opportunity exists for those sellers who consider this the best route. Always research your items value to ensure you do not sell it for a loss. You can find this handy tip by using the search on “completed items” for your item. This will give you an overall estimate for how much items have sold for in the past.
Software to help you
If you are selling many items or multiple items that are similar it would be worthwhile to look at eBay’s approved software called “Turbo Lister”. It makes listing many items easier whilst synchronizing with your eBay account with minimal fuss.
Description and Photographs
Sellers on eBay are responsible for their item description and photographs so ensure these are accurate and of the best quality. Many buyers look at photographs and the item description before deciding to bid or buy. This is a big part of your success so use it to its full potential. Your customers will add you as a favourite seller if you have great listing descriptions and photographs.
Shipping
You will need to consider how practical an item is to ship. Large bulky items can still be sold on eBay just state in your postal section that “local pick up” is the preference for these kinds of items. When sending items ensure that have tracking available and ideally a signatory at the buyers end. Be helpful and pass this tracking information to your buyer.
Friends and family
Looking for new items to sell can be a challenge. Try asking friends or family if they have items they no longer want. You could then offer to sell these items and take a percentage for yourself.
Reputation is everything on eBay so you must have very focused customer appreciation skills. Always be courteous, honest, and helpful in all your transactions on eBay. Making money on eBay is relatively straightforward just ensure you follow the guidelines eBay has in place and you will have a steady income to boost your family income. How far you want to take eBay is ultimately up to you.
