Why You Should Become an eBay Seller
Are you currently looking for ways to make money online? If you are, you may have come across eBay. eBay is known as an online auction website. What is nice about eBay is that just about anyone can become an eBay seller, including you. What does this mean for you? Essentially, it means that if you have items to sell, you can do so on eBay; while making money at the same time. So, if you are currently looking for ways to make money online, you are urged to examine becoming an eBay seller, as there are a number of reasons as to why you should.
Perhaps, the greatest reason as to why you should become an eBay seller is because there are no minimum auction requirements. For you, this means that you could just test the waters if you wanted to. If you were unsure as to whether or not you should rely on eBay to make money, you may want to sell a few items that you no longer need and see how it goes. Should you like the eBay selling experience, you could continue on. However, if you were not satisfied with the results, you could stop selling on eBay right away. eBay is flexible to all sellers, particularly those just getting started.
Another reason why you should become an eBay seller is because it is easy to do. eBay has a relatively easy learning curve. When listing an auction or selling an item on eBay, you are given step-by-step instructions on how you list your items and get your auctions up and running. As long as you follow the instructions provided to you by eBay, you could have your items listed online in a matter of minutes. It has been said that those with minimal computer experience are also able to sell on eBay, without any problems.
Speaking of the items that you want to sell on eBay, you will find that you can sell just about anything on eBay, within reason. There are only a few restrictions, which include inappropriate content and such. For a detailed list of prohibited eBay items, you will want to visit eBay’s help center. Despite a few restrictions, there are a large number of items that can be sold on eBay. These items include real estate, vehicles, clothing, toys, movies, books, gaming consoles, computers, beauty items, and much more. Whether you are looking to sell something that you have in your home, something you bought from a yard sale or a thrift store, or something that can be dropped shipped from another company, you should be able to do so online with eBay.
The ability to make a profit is another one of the many reasons as to why you should become an eBay seller. What is nice about eBay is that they let you set your own price for your auctions. In fact, if you would rather outright sell your products, instead of selling them in a bidding auction, you can do so with “Buy It Now,” listings. The ability to set your own prices is one the many reasons why you should check out eBay. Having the ability to set your own prices increases your chances of being able to make a profit on eBay.
If you would like to become an eBay seller, and as previously mentioned there are a number of reasons as to why you should, you will want to register for a free eBay account. Although your eBay account is free, it will cost a small amount of money to sell items on eBay. Your eBay selling fees will all depend on how much you list your items for, as well as how much they sell for. Despite having to pay small fees, eBay is more than worth your time. The least that you should do is give it a shot. As previously mentioned, if your eBay selling experience doesn’t go as well as you had originally hoped for, you can stop and look for other online money making opportunities.
eBay and Drop shipping – Getting the Product to Your Customer
If you hope to own an eBay business, and make a full time living at it, you can easily make that dream come true – even if you don’t have a product of your own to sell. eBay provides many people who want to quit their corporate nine-to-five jobs with a way to make a good living, without having to put up a lot of start up capital. This is made possible with the help of drop shippers. Drop shippers send merchandise to the customers of business owners. If you have an eBay business, you are a business owner. This will allow you to offer a wide variety of stock in your eBay store, without having the need to warehouse all of those products!
All you have to do is set up your auction, and sell the product. You then pass the customer’s information on to the drop shipping company. The drop shipper does the rest, and they will even use your company information, as well as your company logo if you have provided it to them. When the product arrives at your customer’s home, they will have no idea that your company didn’t send it. The drop shipper will package, label, and ship the products that you sell, allowing you more time to set up even more auctions, for greater profits.
You must establish a relationship with several drop shipping companies in order to become successful. In the beginning, most companies will require you to pay for the items that your customers order before they are shipped. You need to fill orders in a timely manner, so you should pay for the items with a credit card for speedy service. Eventually, you will be able to have the drop shipper fill your orders, and then bill you for them later.
When you set up your eBay auctions, make sure that your reserve price is set higher than the price that the drop shipper will be charging you for the item. The idea, of course, is to earn a profit! Depending on the item you are selling, a markup of about 10% should be about right, but you should do some research to see if the item is selling for a lower price in another eBay auction, or through other online sources.
By starting an eBay business using the drop shipping method, there is essentially no financial risk involved. The product will be sold before you pay the drop shipper for the item. This is one of the few businesses where you can actually turn a profit before you have expenditures.
How To Work With Amazon
It is some time (a couple of years at least) since I did any selling on eBay (although I have used it quite a bit as a buyer) but this week I decided to list a few items that have been lying around the house for months. Makes sense as I am never going to use them again so I might as well let someone else benefit and make a little money on the side.
The one thing that I used to really hate about eBay was packing stuff up and taking it to the Post Office but I had forgotten the bit that I LOVED – watching people bid on the auctions and seeing your money going up! Now I should say that I only listed a few hundred pounds worth of stuff – certainly nothing that is going to make me rich but even seeing relatively small bids on your items for sale is exciting.
In fact, I was having such a ball that I started listing some of my old books and DVDs on Amazon’s Marketplace.
Now, if you have never heard of the Amazon Marketplace, let me tell you, this really is a very neat selling venue and a superb business concept on both sides. Quite simply, Amazon allow you to list books, CDs, computer games, DVDs, electronic goods etc for sale on their website (you don’t even need to write out a listing – it is auto-generated via the ISBN/barcode number!). When someone is about to purchase a book (or whatever) via the main Amazon site, they are also given the option to buy a copy of the same item from ‘Marketplace Sellers’.
This means that they could get a second-hand (or new) copy of the same product cheaper from a different seller. If they opt to buy from you, Amazon takes the payment from the seller and sends you an email advising you of the sale and giving you the name/address to send the book/whatever to. Then every couple of weeks Amazon pays your money into your bank account.
Of course, Amazon takes a small commission for providing the above service but they also charge the buyer a standard amount to cover postage costs.
It is a win-win situation and I think it is a very shrewd move on Amazon’s part (in fact, they probably prefer it when someone buys from a Marketplace Seller since they get paid for doing absolutely nothing).
So I ended up listing 20 or so items on Amazon as well and in less than 2 days, I have already sold half of them and earned over £100! Remember this is in respect of a few books and DVDs that would have just sat on my shelves for the next 6 months/year/who knows?
How often do you read the same book twice or watch the same DVD more than once?
eBay and Amazon offer two different ways of selling your second-hand possessions and both ways are quick and easy as well as being enjoyable. Having ‘re-discovered’ both sites as a seller after several years, I am enjoying selling on both – eBay because of not knowing what the final sales price will be and Amazon because it is just SO easy (you don’t even have to communicate with the buyers!).
I still can’t stand the packing and shipping though.