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Sell on eBay & Make Money Today - Beginners Guide

Updated on August 11, 2013

eBay

You too can make extra money selling junk online via eBay!
You too can make extra money selling junk online via eBay! | Source
Count your cash! Sell fast!
Count your cash! Sell fast!

Make Money Using eBay on Your Google Smart Phone

Beginners Guide - Getting Started

  1. Create an eBay account

  2. Create a PayPal account & link it to your Ebay account

  3. Start your own searches to familiarize yourself with the different products & methods of selling. You can create an Auction listing, Buy it Now listing, or list an item as both. Also, a less common method is providing a Best Offer feature on your auction.

  4. Place bids & try to win your first auction. It is important for new eBay members to build a feedback history (kinda like a credit report so to speak) in order to build confidence in your brand. Ebay will put restrictions on new sellers until they reach the quota of 30 positive feedback reviews as a seller.

  5. Feedback - is the life blood of eBay. What other sellers and buyers say about you can determine whether or not you make money, money & more money selling online via eBay. Stars are given by the seller & buyer involved in the transaction of a purchase to insure quality. As an eBay seller a feedback rating of 98% or higher is recommended.

Sell for Profit eBay

Make money, money!
Make money, money!

Become Top Rated Ebay Seller

Counting Cash

Monthly eBay Earnings?

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Make First Sale on Ebay

  • List your item using key words - name brands like Nike, features like style, ie.bermuda shorts, gender, size, etc. Tip - Do not over clutter your title. Use a few choice key words to describe accurately & draw buyers attention.

  • Take many photos & determine what would attract buyers.Take visually appealing photos of your item. eBay allows users 12 free photos take advantage of this & post as many quality photos as possible. Tip - Contrast will make your items pop off the computer screen. A black watch for example stands out most on a white surface.

  • Describe your item with the most information possible. Tip - Research your item, the more information you are able to provide the greater the chance of selling an item.

  • Fill in item specifics - Along with a description the seller is prompted to provide certain item specifics for that given item. When selling a shirt the seller can include the material, brand, sleeve length, etc. This information helps buyers better find your product. Also, specifics like material let's say cashmere will cause increased bidding on a shirt because it is a valued material.

  • Set a price - Search the competition & see what the item is selling for & how others list it. As a beginner it is recommended that you set the item using an Auction at the price you would like to sell it. This prevents you from selling a valued item for $.99 due to a listing error or small market. Also, allows buyers to bid up your item & ultimately making you more money.

    • Profit Tip- For an item you are reselling a general rule of thumb is selling it for 4x the cost. For example, let's say you buy a shirt secondhand for $2 at a garage sale. List the item so it would sell for at least $8 including shipping. This item cost $2, let's say it takes $2.50 to ship first class, eBay(10%)/Paypal (3%+$.30) take their cut $1.34 leaving you with $2.16 profit effectively doubling your money if it sold for a total of $8.
  • Shipping Cost - It is best to determine the cheapest & most efficient way of shipping your item. For items weighing less than 1 pound you can ship First Class Mail which can be $2-4. Items heavier can be shipped Priority Mail usually $5.60-15. Calculate postage before you list using United States Postal Service tool here.

    • Shipping Tip - Using Stamps.com (has one month FREE trial) or Paypal via eBay to print postage they include free delivery confirmation. This can save at least $1-2 per shipment. Shipping cost can really add up & cut into your profits.
  • Count your profits - Manually calculate your profit after costs & fees or use a profit calculator.

Where do you shop online?

Favorite place to shop?

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Comments

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    • Drew Breezzy profile imageAUTHOR

      Drew Breezzy 

      5 years ago from somewhere in my mind

      @hmirrorwall can you send a link to that blog? Thanks! Always looking for new ways to improve & expand.

    • Hmirrorwall profile image

      Hmirrorwall 

      5 years ago

      Great post about selling on eBay. Since 2000 selling on ebay I saw everything and interviewed 124 world class ebay business structures from best Powersellers. I running my personal blog about how to make money on eBay auction. From Rookie to Powerseller. Complete step by step tutorial how to start and run successful eBay business.

      I'm Alex Melnick you can contact me directly if you have any questions

      I wish you the best in your further auctions

    • Drew Breezzy profile imageAUTHOR

      Drew Breezzy 

      5 years ago from somewhere in my mind

      @Kmaskreations I agree, it does take time to develop an eBay empire. My first few sales selling my junk were so lucrative I became disillusioned with reality. Hard work & research is key in becoming a profitable seller.

    • Drew Breezzy profile imageAUTHOR

      Drew Breezzy 

      5 years ago from somewhere in my mind

      @SavannahEve It can be a bit tricky at first figuring out the learning curve. But once you find your niche & develop your brand, it becomes much easier. I will be adding more articles in the future on eBay. Glad you enjoyed!

    • SavannahEve profile image

      SavannahEve 

      5 years ago from California

      I was just thinking about selling a garage full of stuff on ebay. But I was affrrraaaiiiddd!!! This hub is going to be very helpful and I will keep coming back to it! Thank you! Voted up!

    • kmaskreations profile image

      kmaskreations 

      5 years ago

      Thanks for sharing. Good information. My Ebay business has become quite profitable. It takes a while, but it is possible to make good money on Ebay. www.storagefindsbytomka.com gives this hub a thumbs up and useful

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