ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

How I Make Money On eBay Part Five

Updated on September 25, 2013

Whats The Price

First time here?/ Check Out It Out From The Start How I Make Money On eBay Part One

This is where you can make or break your business... over priced your item will not sell... under priced you may lose business as people see your item as cheap...

To give you an example, I sell my flags not as the lowest price, and I am not the highest price... but I am much closer to the highest then the lowest... I found this to be the sweet spot with some work...

When I started I wanted to be as close to the lowest price if not the lowest price on ebay... the reason was simple, I was willing to start my business based on my customer service... If I had great customer service I would have customers for life... I believe I do have customers for life, i get many emails telling me they are back for the third forth or more times to purchase from me...

When selling on eBay your feedback is everything... So where do you start to figure out the price for your item... let me try to explain how I did it...

A few short months ago, you could charge a shipping fee and not pay an eBay seller fee, not sure what that is check out How I make Money On eBay part Four

So I guessed estimated a selling rate of 1 sale for every 5 auctions I listed... the average price of a flag was 7 bucks... so that means my listing fee is 25 cents each... so it would cost me 1.25 in listing fees... paypal fees would be about 50 cents.... shipping would be 1.26 shipping supplies 20 cents... cost of the flag was 2.15 and eBays seller fee would be about 70 cents... so I get 7.00 and I have to pay 6.06 in fees and cost... so I would make 94 cents not much profit huh?? so I looked at the math...

Hmmm if I change my pricing from free shipping to 99 cents plus a 6.01 shipping & handling fee I would save 75 cents... I would make a return on my investment of almost 65%... I could live with that... volume was my target...

So thats how I priced my items on eBay... 99 cents with a shipping fee... I even listed how and why I used a shipping fee... figuring that would save my feedback... the sales came in... I ended up right around 1 in 8 auctions for sales, if I listed 80 auctions I sold 10 items... which was not a living, but an extra income to start...

eBay Sale Secrets

Negative Feed Back Times 8

I never really had a problem with my feedback, until I had a guy buy 8 flags from auction... his shipping fee was almost 45 dollars... Well he left me 8 negatives... I had gone from a steady stream of sales to a business on the brink of closing because of one buyer...

Looking back those 8 negatives were my wake up call... I had to be careful with the shipping and handling fees that I charged... Yes I still have shipping and handling fees, sometimes it is to save the customer money...

If you charge a shipping and handling dont expect to be 100% positive feedback... People will never understand how business works, they just think if your price is 99 cents, then that is what they should pay... they dont see that the 99 cents plus the 6.01 shipping is still much lower then the guy selling the same flag for 8.50 with free shipping... So know right now if you have a shipping fee, you will have negative feedback...

Pitfalls To Watchout For In Pricing

Well the biggest pitfall I see sellers making is charging just one penny to much... Thats right a penny can break your bankroll quickly...let me show you how...

You write an eBook... you figure okay a fair price is 10 bucks on eBay... You make a beautiful ad, list it on eBay and have a starting price of 10 bucks... it takes you 10 listings to make one sale... since it is an eBook cost are very low right??

WRONG... because you listed it at 10 bucks instead of 9.99 you will pay and extra 2.50 in listing fees... see eBay charges 25 cents to list an item from 1.00 to 9.99 they charge 50 cents for items from 10 dollars to 24.99 see the problem... an EXTRA 2.50 in fees... now you list 1000 over the month... 250 bucks in lost profit...

The next thing is taking extras for listings... you have to be very careful, the fees for gallery plus, bold, and all that can get to be quite high espically when you figure it will take you mopre then one or two listings to sell your product...

There is no real rocket science to pricing your item... to this day I have 4 or 5 different pricing strategies for the same product. just dont list it 1000 times until I have test ited it fully to see if I will make a return on my investment... make a mistake with one listing it will cost you a couple of dollars... make the same mistake because you list the same mistake 1000 times well you could be talking the price of a car in fees...

I pay eBay well over 1000 dollars a month in fees, I have been for over 2 years now... but I will also tell you I have a very profitable business because of those fees, once I learned how to price my items with the fees it would cost me to sell the items...


    0 of 8192 characters used
    Post Comment

    No comments yet.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)