A great way to extra cash! eBay!
I have been reading extra ways to make money via Internet and ran across a hub about making money! :) Well, in reading the article I thought this person is a well informed, and intelligent person. But didn't seem very knowledgable about how to really make much money on eBay. (maybe they did, but just didn't express it, since it wasn't the focus of the hub)
While this writing is great, it's a fantastic outlet to our creative side rather than always just a way to make extra cash. Plus I think people that post to these types of sites are sociable and just like to learn from each other, and teach the world in the meantime! (that's how I found the site! Looking up Cod fish lol)
Ok, without a bunch of rambling, I want to cut to the chase on how you can get started making money.
It might get lengthy because there's more to it than just listing an item!
- It's also about WHAT to sell, WHEN, and WHO is your target for sales!
If you gain anything from THIS particular hub, I hope it at least helps, but it can go farther! Also, I hope it inspires anybody who is creative and/or likes to sew, has children to dress up for Halloween great idea's rather than only shopping at eBay!
~~~WHAT & WHEN~~~
- The first three weeks of October are your PRIME selling time for HALLOWEEN!
- It really doesn't matter when you start, I'm pegging Halloween right now because it's the next holiday coming up that I CAN BANK ON knowing I can BANK money!
- The week before BLACK FRIDAY is PRIME for listing Christmas items! People want gifts in time for the holiday. List until a week before Christmas, then take the week off. Until after New Years, selling slows a bit. That's when you go back to collectors items etc.
First you know, you have to sign up at the site. When I signed up was different. I believe now you have to have a bit more information, including banking info to sign up to paypal to get a debit card from them. Trust me, you'll need it, AND you'll love how it works.
*If you're leary about giving out your account information, regardless of their security, I suggest that you go open a new account, and keep the dollar amount right at the cut off to being charged, and don't fall below that amount. (that saves you bank fee!) If it does, you'll know your math is either off or someone's accessing your account without permission. Save yourself the grief of a potentially bad banking situation, and just go open a new "just for eBay or online" accounts!
Nice photos for better sales!
You're set up to go, NOW WHAT?
Great. You've gotten that done. In the beginning you just want to get started so you might not have the money to invest yet into things to sell. So dig into your unwanted things and pick out what you want to sell. LOOK IT UP AT EBAY. If there's a lot of them, you know what your competiton is. If you don't find it, look down the left panel to find the past sales, and it'll show you how much the item sold for IF one was listed. It'll at least give you an idea if you should spend the time on it.
After you get the thing you think will sell, you should put a photo (there is a link for uploading it) and just go page to page with the listing. EVERYTHING is in the order down each page of what to do. So it's not complicated as it may seem. As soon as you can, one thing to invest into:
- A good camera! To begin you can use your web cam if need be, but in time you'll want to upgrade. So keep this in mind. Maybe use your first sales to save for the new and BETTER camera.
My photos are all taken with a Sony Cyber-Shot with a full display panel. It takes amazing pictures. Also it's very easy to use it's small and sleek! It's all your choice of course. One that you can carry around to get pictures of things while your out, will help you to look them up when you get home. My friend once found 2 beer mugs worth $500.ea in an old thrift shop for $8.00 so that's quite a good profit for pegging the buyer/collector in an off season. Don't count on big ticket items like this all the time, but just make sure you get a little knowledgeable about things out there that you'd never normally think would be money makers! LEARN WHAT PEOPLE COLLECT THE MOST! I'll get into some suggestions later on.
Let's assume now you've got a good enough camera. You might have to take several shots of the sides/bottom of your items.
- DON'T BE FOOLED! IF YOU USE YOUR OWN PHOTO HOSTING SITE, SUCH AS PHOTOBUCKET, YOU SAVE YOURSELF THE EXTRA PHOTO'S FEE AT eBAY! JUST UPLOAD THEM, CHECK THE ONES YOU'LL NEED FOR THAT LISTING, GO TO THE BOTTOM AND CLICK "GENERATE CODE" FOR SELECTED PICTURES. COPY IT TO YOUR CLIPBOARD (CTRL C) YOU CAN PASTE IT IN YOUR DESCRIPTION AREA AT EBAY USING THE HTML BUTTON! CLICK BACK TO "NORMAL" AND WRITE IN YOUR DESCRIPTON. YOU CAN EASILY SEE YOUR PHOTOS AND HOW TO ACCURATELY DESCRIBE THEM!
Yes there are eBay fees. They're in business to make money just like us, so let's not complain! :) They change their prices at times and I believe right now you get your first 5 listings free, they make money from a percentage of what you sell, and to have your picture in the gallery. (Gallery is .35 not bad for letting people see the item before passing your post up for someone who did pay the .35)
- You will get the option of 1 FREE photo. Use the best one for it, and use it in gallery.
Please read the descriptions under my photos to the right! Keep in mind, things I sell I would have more angles of the item, and a description that goes into sizes, weights, dents or flaws. WORDING IS IMPORTANT WHEN TRYING TO MAKE A SALE!
Christmas! Great for holiday sales!
Subject line / Description tips!
What you say in your subject line is important for people to find your item. Try to use the items most important word FIRST. DO NOT KEYWORD SPAM the subject line! You'll lose a sale, and eBay might pull your post! If I were going to sell the Angel above, in the subject line I'd say:
- "ANGEL - PRETTY CHRISTMAS ANGEL / HANDMADE"
Then in the description area, I would just be detailed as possible. The height, width, materials, mention any flaws. IF her dress needed mending. I would recommend saying:
- "There is a place (as opposed to spot) on the dress that needs a bit of mending, I do not sew so I will leave that upto the new owner to fix"
- "You're telling them that it has a flaw, without using ANY words that are negative. Stray away from words such as: "tear, rip etc." Try a thesauras if necessary!
- Most importantly, for your feedback rating you're BEING HONEST!
Buyers appreciate that, and sometimes would really rather fix it themselves! Not everyone has every talent to fix things!
- The last thing you say should stress your importance on shipping, and mailing the item with care!
If it's glass, assure them that you will use bubble wrap. A general rule you will only ship glass with insurance, it's not optional. (there is an option to click this box in eBay's listing page, you enter amount for insurance. They have rates in their site map.) Also, the post office doesn't tell you this, but if it is insured, it must be double boxed or they'll not pay out on the insurance! (I know, not fair believe me I know) but, if you're selling glass, you'll have weighed it so you'll know how much to charge for shipping and insurance. (if it's expensive, then a good idea is to add a mail confirmation so they can't claim it didn't show up, and it's not much extra, so offer to cover it in shipping cost)
If it's paper, such as an old newspaper or magazine assure them that it will be wrapped in plastic (and/or) carboard to prevent bends or moisture. They'll appreciate it!
Try to stick to smaller items until you get the hang of mailing things. Sometimes you might need to package it and have it weighed to find out how much to charge for shipping. A lot of major town post offices have 24 hour mailings and weighers inside. They even will print off your shipping labels if you type in the addresses to them!
Start small with a few things so they don't get confused. If it helps and the "my eBay" page confuses you, keep a written log until you get the hang of it, it'll get easier the more you do!
Now Go Make Your Money!
Best Target Money Makers!
Now you want to know WHO to target as best sales. These are my tips, from what I learned in 10 years of selling on eBay.
WHO? I'm going to name some things that I call "Money in the bank," I just can't get to it until need be!
Men will quickly, more impulsive to put a big bid on things before women. Men are also way more competitive, thus, if they get into a bidding war with someone whose bid against them before, it becomes to them, ABOUT WINNING! Us women are more money savers and I have found those items to go up slowly. Being a women, we also have more complaints and are harder, overall to please. We want our things to come with perfection, while men USUALLY have the "I can fix anything" type of attitude!(And they most likely can!)
Even though you set up automated sale pages at both eBay and PayPal! That way you don't have to remind your buyer it's time to pay (unless you require immediate payment through paypal), the automated email will do it for you when you're sleeping or out doing your own thing! I loved that transition! I didn't have to sit home waiting! PLUS they have alerts you can get on your cell, so you'll know when you're out somewhere that you've made a sale. And YOU'VE GOT THE PAYPAL DEBIT CARD ON YOU, SO YOU'VE GOTTEN PAID WHILE YOU'RE OUT! GREAT HUH!?
1. A great target are mens collectibles. NOT BASEBALL CARDS. Too many, the market if flooded! Here's a few GOOD idea's for mens items that are almost FOR SURE SALES ARE:
- Vintage fishing lures. Nautical items.
- Masonic pins, belt buckles, rings, just about anything masonic.
- Military memoribilia. Some things cannot be listed, look over their list before listing it. As well as respecting the Military, please look these things up before listing!
- Vehicle items; look them up, from hood ornaments, to light covers, to old radio knobs, parts they can use. Look in ebaymotors for more on how to list Vehicle related items. My son sold an old jeep that he almost took to the scrap yard, and got $900. for it on eBay, and the people came from out of state to pick it up, and were thrilled at all the things they could use for it!
- Men also collect historical things, like Vintage weight lifting magazines, Vintage newspapers (most want them not folded other than how it came originally)
- BEAUTIFUL WOMEN! lol, yes, celebrities. It is NOT copyright infrigement to sell pages out of magazines. But if you have any old magazines, look up the ladies names to see if they are a "hot" ;) commodity! LADIES don't toss out your old magazines! I kept some teen magazines from the late 90's and sold 10 Melissa Joan Hart pin ups for $50.! Not bad for keeping them in a box stored in the attic! I sold a 1 page ad for the older TV show LaFemme Nakita for $15. it only had ONE photo of her! WOMEN/GIRLS SELL MORE THAN THE MALE TEEN IDOLS!
- TIP: start collecting these things, and take care of your celebrity photos, they're MONEY IN THE BANK! Make a scrapbook if you can! They can draw a few hundred bucks depending on who/what is in them. Don't over photograph them for your sale, but a good side shot will do. Let the buyer be surprised. I sold a Britney Spears UNFINSHED scrap book. It was worth it! You can find these kind of things at yard/garage sales, second hand stores. Don't spend a lot, hagle your price! Always try to buy cheap!
- ALSO REMEMBER EVERYTHING IS NOT GOING TO SELL, DO NOT LET THAT DISCOURAGE YOU! IF YOU SELL 50% OF WHAT YOU LISTED, AFTER YOU PAY YOUR FEES (FROM YOUR PAYPAL CARD) YOU WILL STILL BE AHEAD! GIVE IT TIME, GIVE YOURSELF TIME TO LEARN THE MARKET!
~~~BACK TO SCHOOL~~~
Kids are a great target for sales, in both clothing and other things such as popular backpacks, jeans, tshirts, or brand name ones you can't return! The latest in trends are usually available from people who do buy/sell in bulk! Anything from the coolest backpacks to the latest in clothing. PUT MEASUREMENTS AND WASHING INSTRUCTIONS in your description. It'll help your buyer know if they are getting the right size/thing for their child. This is also a sort of recycling in the making, because when your child grows out of that really cool, Parada backpack, there's another one out there who might want it. You'll get some of your money back rather than tossing it out, and in the meantime making someone else's child happy too! And that in itself will make YOU happy when your customers are happy!
If you're into going to yard sales, go to ones in the highest income area's around. Those people and their families spend a mint on high dollar clothing for a baby to wear once! Maybe for photos or such. You can get great deals, then resell them. Look for stains, tears or anything negative. Don't buy it! Pass that up for something else that is a for sure sale!
I personally know a girl who once decided to sell her baby's old clothing on eBay, and they went so well, she ended up going out to buy them to resell! Plus, babies are growing, so it's a never ending market!
I advise against selling toys for babies or children due to so many product recalls. But if you do, please make sure you've washed and cleaned them very well. Some people want to know if it came from a pet free or smoke free home. So for their sake, please be truthful or don't put it in your listing. They will write and ask! But you surely don't want any of your customers to have allergies when they get what you've sent them! We want our buyers HAPPY! Happy customers can put you on a sellers list, so they already know they can trust you, and your listings and are honest!
Women are good buyers for glass collectibles I've already coverd how to list them with care. If you're listing women's clothing, put EXACT measurements in your listing. Show as many photos as you can without being overbearing. You might talk yourself out of a sale with too much as well. Selling to women is a bit trickier to getting a sale! It depends on you, but I don't offer returns, even though it suggest it on eBay. But I am upfront with my buyers, and tell them, if it doesn't fit, or you don't like it, then you please relist it for someone else!
Things women buy:
- Vintage perfume and bottles.
- Collectible items, even dolls. Madam Alexandria Doll's, Effenbee and other collectibles dolls. I made $80. on a tiny Vintage doll that came in a box lot for $2. at an auction. (Auction houses usually let the box lots and cheap things go last. STAY, because that's when the deals fall into your lap!)
- I even had the people laughing because nobody would bid on an old tattered wedding dress. NOTHING. I bid a dollar, and nobody else bid. The auctioneer said "Sold to the lady who needs an old wedding dress" and everyone laughed! I held my head high when I walked up to get it off the wall, and we all just laughed! So it's fun too! Anyway, I paid $1. ONE DOLLAR! Yep, but I popped it up on eBay with a few pictures, explained how it was "A Vintage, but tattered from age wear, and maybe not stored well, needed to be professionally cleaned" on the listing, and I sold the dress for $35. to a collector who fixes up Antique wedding gowns and resells them! Good deal to me, good deal passed along!
- Jewelry! Especially old costume jewelry and sometimes retro 50's! These are really easy to buy cheap and sell high if you know what to get. I find my best sales are either high dollar ones I've gotten at yard sales or put the cheaper stuff in a lot and put two pieces of SIGNED jewelry in it. It might get bids just on the fact the person only wanted those pieces! If you have hearts, put them i a lot of "heart jewelry" or charms. Charms are great. They can be sold individually for around $5. or on an actual bracelet, it depends on it's quality. Women like state collectible ones, or moveable ones, or even animals. RHINESTONES, especially ones prong set and ARE VINTAGE (not new) sell great. You can go online and actually buy these sorts of things from eBay in an off season and get them cheap. I've doubled my money quite a few times doing just that. You have to learn for the first year, so please be patient.
- Gifts! That's why you want to make your other sales random too! You never know who they might be buying for! A husband, family member or friend. Recommend random things as a potential as a great gift idea.
OVER ALL, PLEASE YOUR BUYERS! BE HONEST, AND BE PATIENT!
ALSO PLEASE CHECK EBAY'S LIST OF THINGS THAT ARE PROHIBITED. THIS IS IMPORTANT FOR YOU BECAUSE THEY WILL PULL YOUR LISTINGS (THEY'LL REFUND YOUR MONEY, BUT A LOST SALE NONE THE LESS) AND YOU DON'T WANT TO GET OFF TO A BAD START!
If you get more than one email from someone who asks WAY too many questions, and seems difficult to deal with in email, then what I do is go right then and put their name in the "block bidders" box. Then just don't respond to them BEFORE BIDDING ENDS. This will save you grief some someone you already know are picky. Like for instance, if they've asked you questions THAT ARE IN YOUR LISTING. Chances are, they're going to give you a negative feedback when they get the item just because they are a hard person to deal with. These are the people who write out a check for a candy bar, then complain it cost money for checks. So just avoid them at the get-go and save yourself a bad feedback.
Just remember YES it is possible to actually make a living listing things at eBay. But you have to work at it just like any other jobs. Yes, you can pick your own hours, and rarely have to speak directly with someone unless they have legitmate questions during the sale timing.
You've got to stay on the lookout for things that make money from rare dvd/cd's to Antiques to bigger things! Have things weighed so you don't lose money due to not being able to calculate shipping cost. Also, if you're selling something small, and the price you're selling for permits, try the free shipping option. What's a dollar if you're already making money? Give them a break and make a returning customer!
GOOD LUCK, I HOPE THIS HELPS! AND REMEMBER BACK TO SCHOOL IS AROUND THE CORNER, AND IF YOU'RE HANDY WITH SEWING, CREATE SOME COSTUMES FOR HALLOWEEN OR RESELL YOUR CHILDS OR YOUR LAST YEARS COSTUME!
YES YOU CAN, MAKE A LIVING DOING EBAY. YOU JUST HAVE TO WORK AT IT! LEARN ABOUT THINGS AND PEOPLE'S TRENDS! Even if you just want to a little extra money, then a few things are fine. And as far as the taxman is concerned, if you make this a business, then be honest about your earnings. Otherwise, it's anyone's freedom to sell the things they own! Just as you would for a yard/garage sale!