How to Make Money on Ebay

How to Make Money on Ebay

Tired of working your dead-end 9-5 job? Maybe it’s time to seriously think about starting your own eBay business. In this article I will go over the basics on how to make money on eBay. When I mean making money on eBay, I mean making thousands of dollars a month PROFIT and replacing your job with your own eBay business. After reading this brief article you will have a much greater grasp on how to make money on eBay, and I will also be offering my secret to getting products for much less than what you can sell them for.

Setting up an Account – If you already have an eBay account, then you can skip this step. If not, just go to eBay.com and register. Once you’ve registered, spend a day or two browsing the site and getting for a feel for it. I also suggest buying a product or 2 that you may like, after all, you want to know what your customers will be getting into.

Selecting a Niche – If you want your eBay business to flourish, you should be dealing in an area that interests you. Take some time to think about what your interests or hobbies are. Try to sell something that you truly enjoy, because passion creates profits like nothing else. Once you think of a product (or category of products) take a look around at those products that are currently selling to gauge whether the product produces the sales you’re looking for.

Acquiring Inventory – There are a few ways of finding inventory for your eBay business. One of the easiest ways to start out is by looking around your house for items you don’t need. Like the old saying goes, one man’s trash is another man’s treasure.

Another pretty cheap way to get an inventory of items to sell is by visiting thrift stores. Though most items at thrift stores are worthless when it comes to reselling, you may find a few gems that could earn you some extra cash.

You can probably tell by now, these two methods of acquiring inventory are NOT the ones being used by the big guys on eBay. If you want to earn a GOOD income on eBay you are going to have to find a wholesale supplier.

Wholesale Suppliers – It can be difficult to find suppliers when you’re just starting out. Wholesalers usually don’t advertise to the general public so finding them can be a real hassle. There is, however, a site which many eBayers solely rely on for their suppliers.  www.HighProfitWholesale.com connects you to over 8000 wholesale suppliers selling a HUGE variety of goods, whether you’re looking to sell ipods, xbox 360’s or baby clothes, HighProfitWholesale.com has it. This is probably the most useful site you’ll find when you’re trying to start an eBay business.

Now that I’ve gone over the basics and provided you a source for your inventory, you have no excuse when it comes to starting your own eBay business. Get ready for the satisfying life of self-employment.

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The #1 Way To Discover Exactly What To Sell On eBay For Profit

The #1 Way To Discover Exactly What To Sell On eBay For Profit

If you have decided to make money online by learning to sell on eBay, then you need to know exactly what to sell on eBay and also make sure that you can source those profitable products to ensure you get plenty of buyers. The advice here will help you get started if you want to know what to buy to sell on eBay.

If you just want to sell bits and pieces to earn some extra cash then putting your own personal things up to sell on eBay is a great place to start. But, you will eventually run out of used items gathered up from your attic, garage, shed and friends, so you will need to decide exactly where your hot products are going to come from in order to sell on eBay profitably.

Buying products to sell on eBay is a great, quick way to start your own serious business and become a trusted, responsible eBay seller. However, if you choose to buy to sell on eBay, remember that you may need a small amount of money to start-up.

Firstly, you need to decide what to sell on eBay. There are plenty of categories so take a look through and see what’s currently selling well. Chances are if a product is selling well for one eBay seller, you can sell it too! You then need to know the best places to find the product cheap enough to buy so that you make a good profit once you sell on eBay.

You might already be aware of some places where you can start looking to source products for your buy to sell on eBay business, but if not, then here are some pointers which will help you get your eBay business started.

Start your research here!

1. Car Boot Sales

If you are starting small, Car Boot Sales are the perfect place to begin. Buying products to sell on eBay from here almost guarantees you will be able to buy products cheaply and you will have a wide range of items to choose from. Do some research beforehand so that you know that buyers will be interested in the products you source to sell on eBay.

2. Buy on eBay to Sell on eBay!

eBay itself is actually an excellent source for buying products to sell on eBay! You can buy wholesale lots or single items, it’s up to you, as long as you know what you are purchasing and you think you can sell on eBay for profit.

3. Dropshipping

Dropshipping companies are wholesalers who will ship products to your customers for you. They hold stock, you let them know when you make a sale on eBay and they dispatch the order to your eBay customer. This way, if you don’t have any capital, you don’t need to purchase products up-front to sell on eBay, you simply list, sell, order and they dispatch. You don’t need a warehouse for your products which is great if space is limited. Do a Google search for dropshipper directories but do make sure they are a reputable company before you buy to sell on eBay.

4. Business Partnerships

It’s possible that a local business in your area may stock the products you require for your buy to sell on eBay business. Contact them and see if they will sell to you at wholesale cost. You can then sell the product on eBay.

5. Craft Fairs

Crafts is a very popular category to sell within on eBay with plenty of eBay sellers to be found! Craft Fairs are excellent sources for unique or specialised products. Go and browse and chat with the stall-holders and see if you can come to an arrangement to buy a certain quantity of a product from them or set up an on-going exclusive partnership specifically getting products to sell on eBay.

If you are aiming big with your eBay business then try the following:

Trade shows where there is a wide selection of manufacturers and merchandise. Permanent Markets where you can meet up regularly with product suppliers and get low prices for retail or wholesale purchases. Online wholesale directories will point you to even more places where you can buy products to sell on eBay. Importers/Exporters are great for larger quantities at very low prices, if you want to buy to sell on eBay UK, or worldwide sites.

Remember, if you want to buy to sell on eBay and become successful, you will need to use your common sense, research things thoroughly and look forward to a challenge!

Subscribe to Amanda’s Blog at any time for regularly updated eBay tips, techniques and secrets.

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How To Start An Ebay Business

How To Start An Ebay Business

A lot of internet marketers have heared of ebay, Much of them is researching on HOW TO START AN EBAY BUSINESSThis article shows how to Sell on Ebay Make Money Online.
When you sell something on ebay, you must remember that the what is the purpose of the product that you are going to sell. Products you might sell does not have a usual basic price, but ebay may help you categorize it for better pricing deal.
Let me give you a hint of all about this, one of my friends has come up an idea, to make a living out of ebay, it is possible but . He got a clever idea which is to sell some unwanted items in his house and then make money through ebay, thats it!.
Although he got this wonderful idea, he still stressed out that although he has a wide background over this matter, of which is selling on ebay, he still doesnt have enough knowledge on other fields on ebay. So, I told him that there is a feature in Ebay on which it helps you acquire additional knowledge about the business that is going on in ebay.
Well the feature is called Closed Item Search, I will explain it to you below.
This gives you the question of how does it woek? Will it help you ,as a seller on ebay, achieve good income? Its like having a manual on how to use ebay properly.
Heres the example, take the Nokia E75 series cellphone..
Log into Ebay and in the search box at the top just type in Nokia E75 Mobile Phone. Try to remember on how to write listing titles or how to properly write them so that it will give you valuable hints and data on how much is the price for sale.
Press search button….
It works like this, it gives you lists of available auction items with regards to the model of the cellphone or any materials you are trying to sell. Then, scroll down the screen on the left hand side and click the box that stating “Completed Listings” after this, click the Show Items button.
Then after this by clicking the price button twice it gives you the lists of data int ascending form. Here it shows that when it is green it is already sold, but when it is red it is not sold yet.
After you have done this, you may have the highest selling price, the lowest selling price, and the average selling price. Usually some of the prices are not cheap, especially cell phones, but this application in ebay helps you disregard unwanted prices, or prices which are quiet expensive.
A quick tour on the sold items may helps you to the idea of the best selling formats, titles, categories to list in etc. so that you are further armed to your Ebay profits.
Using my friend as an example, he gets a call off someone he knows who wants to dispose of a certain item, while still on the phone, determine his likely selling prices and be able to give them a price that he knows he can make money on…..even if he has never sold that product before.
When looking on Ebay, try to think that Ebay is a benchmark for the items traded. So be aware that any price sold here might be worth for a particular thing. This additional tool on Ebay will help potential Ebay marketers to better understand the pricing in ebay. Its really having an Almanac on Ebay.

Tips on HOW TO START AN EBAY BUSINESS is quite popular nowadays as with people like the biddingbuzz website who made success on ebay, you too could learn how to make tons of cash through ebay. SELL ON EBAY MAKE MONEY ONLINE.

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10 Tips to Help You Sell on Ebay Successfully

10 Tips to Help You Sell on Ebay Successfully

Below you will find 10 simple tips to follow that are good for anyone who wants to sell successfully on eBay.

Tip # 1: Identify your eBay market. Come up with a list of items you are interested in and then take a look at eBay to see what’s selling and what’s not. The data you find from your market research will help you out later on. Analyze the market and you’ll start to see those items that always seem to sell for a good price.

Tip # 2: Check out your competition. Before investing money, take a look at what the other sellers in your category are up to. Dig in to get an idea about what their strategies are. Mark down anything their auctions are missing, because addressing their lack in your auctions is a great way to move in and beat them at their own game.

Tip # 3: Find a product: If you’re looking to sell the same item over and over again then get hold of a supplier for what it is you want to sell, and see what the best rates you can get are. Also, shop around to get the best deal. Every penny counts. If the eBay prices you’ve seen are higher than the supplier’s then you just might have a winner.

Tip 4: Start small: Don’t start out by throwing tons of money at your idea. Start slowly and see what works and what doesn’t; learn as you go. Remember that it doesn’t cost a lot to try out even the craziest ideas on eBay, and who knows, they might just work! Thinking outside the box is a good way to become successful.

Tip 5: Test and repeat. Keep trying different strategies on eBay until you find something that works. Then just keep doing that very same thing over and over again. Now you’ve probably just found a great niche or a great way to sell.

Tip 6: Create your business plan: A business plan, even on eBay, is a good thing to have. It doesn’t need to be anything formal, just a few pages that outline your market opportunity, your strategy, the strengths and weaknesses of the plan and a brief budget. A business plan is more for you than it is for anyone else. If you treat your selling on eBay as a business and not like a hobby then this will push you toward success.

Tip 7: Invest and expand: Now is the time to pump money into your eBay business. Get your hands on more product and start spending more time on your business. Set a goal for the number of sales you want each week and increase it over time as you meet your goals.

Tip 8: Make it official: Once you’ve made some money from your eBay sales, you should seriously consider registering yourself as an “official” business. It’s inexpensive and easy to do, and registering will boost your credibility. A lawyer is the best person to help you through the process, but you can also get information online or in forums.

Tip 9: Automate: There are a lot of tasks you will find yourself doing over and over, like writing the same emails or auction item descriptions. Now is the time to use automated software instead of doing the manual work. You can also consider outsourcing these tasks to other people. You can automate a TON of your eBay business tasks.

Tip 10: Never give up: Even when times get bad and you think things won’t work out, don’t stop trying. Push forward until you succeed. If you keep working at it you’ll almost always find you will make a real breakthrough. Countless people give up on their eBay business right before they get their breakthrough. Don’t be one of them.

Clint Herman is a successful eBay seller with over 6 years experience in the industry. He also loves helping people start selling on eBay. He is the author of “How to Get Started Selling on eBay,” which is a beginner’s guide to selling on eBay designed for people who are new to selling on eBay. The guide is available at http://www.beginnersauctionguide.com .

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