by Jordanhill School D&T Dept

Make Money on eBay Easily

eBay is an extremely popular website and is loved by buyers and sellers alike. There are thousands of people trying to find out how to make money on eBay. Some of these are managing to make a small amount of money to top up their current income, while other people are managing to replace their whole income with money earned from eBay.

If you want to make money on eBay then there are a few simple tips that you should bear in mind.

Firstly it’s important to realise that it might not make you rich. It will however always give you a little bit of extra spending money each month. These few extra pounds could be really useful during the holidays.

If you want to learn how to make money on eBay to replace your current income then this will be much harder. You will need to be prepared to put in plenty of effort to do this properly and start treating it like a job.

Sell things you don’t want

When you are first looking to make money on eBay you might be interested in selling things that you don’t want anymore. Selling your old CD’s, clothes and even jewellery can help to get you some extra money. However if you want to make a serious amount of money then you will quickly run out of things to sell.

Organisation

If you want to stand any chance of making money on eBay then you must make sure that you are organised. You will need to make sure that you give your customers a professional experience.

The goods need to be stocked, packed and then shipped to customers. If you have a lot of items that you are selling then you need to be very well organised. If you want to make lots of money on eBay then you will need to try and find out what the hot products are so that you can stock and sell them.

One advantage of eBay is that it keeps track of your transactions. If you use PayPal then this can also make receiving money very quick and easy.

Buying cheap products

The most important thing is that you buy the products as cheaply as possible and sell them as high as you possibly can. This will create a large profit margin for you to enjoy. This will involve some investment from your part but it shouldn’t be too expensive.

You could very easily buy reduced toys and clothing after Christmas and then sell them very quickly on the internet. You could also stock up on costumes from Halloween or Christmas and then store them until next year.

Looking after the customer

It is vital that all of your customers have a good experience. If you start treating your customers badly or offering a poor service then you will start to get negative feedback. Everybody looks at your feedback when deciding whether or not to buy anything from you.

You should remember that the customer is always right. If there is something wrong then make sure you solve it as quickly as possible. You are not going to be able to satisfy everyone, just make sure that most of your customers are happy.

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