Monday, December 30, 2013

Getting Started With Selling on eBay


eBay is a popular place for people to sell and make money online. Some just use it to make a few extra bucks by getting rid of unused items from around the house. For other people, it's a full time business and primary income.  This article is geared mostly for those who are relatively new to eBay, or those or who looking to take the next step in their eBay success.

One important question that people initially struggle with is determining what items to sell? At first, it may seem like an easy question to answer. Why not sell anything and everything? However, the more you think about it, the more you probably realize it would be best to stick to one or few specific items. It’s much easier to manage this way, and you can focus your efforts in one area rather that scatter your energies in too many directions.
Another consideration is determining exactly which items to sell. There are several ways to make this determination. The following is an outline that will help you remove your doubts and answer those pending questions.
 
  • Start around the house - I am sure you can find plenty of un-used and un-wanted items that someone else can use. For example, I found several CDs that I no longer listen to. I found some quality videogames that my kids no longer played. I made good money from a language program that I learned. I am sure you can find plenty of the same types of items
  • Check around town - You can find plenty of items at garage sales, flea markets, Craigslist, or wherever you can think of. I have bought several items at garage sales that were unwanted by their owner, but I knew someone else would find value in it. As a result, I made some good profits.
  • Big and popular isn't better - When people think of which items to sell, they are often attracted to the most popular items, such as cell phones, computers, videogame systems and the like. I will say that these are the most difficult items to sell successfully on eBay. This is because the market for these items is extremely saturated, and you are competing with the top sales pros. You can see more of these types of items by clicking on "Popular Items".
  • Do Your Homework -You need to know what items are gaining sales and how much they are selling for. One place to find this data is on eBay itself. Check the “Completed Listings” area. It indicates sales that have finished  and whether the items sold. If the writing is in red, it means the items didn’t sell . In the event that it’s green, it means the item sold successfully. It likewise shows the amount that it sold for, number of bids, and so on. In the event that an item has a lot of green, you know it can possibly sell well. If the price seems like it would be higher enough than what you paid for it, it’s something you can look into selling.
  • Monitor Your Success - After you have finished a few auctions, be certain to evaluate what worked and maybe what didn’t. Decide you can do to improve your profits and make adjustments. In the event that you wish to be a successful eBay seller, you will do this on a consistent basis.
These are some basic ideas to help you get started selling. By following the above guidelines, you will allow yourself to determine what would be best for you to sell. I will follow up with more detailed articles in the near future to further help you determine what’s best to sell, and how you can maximize your profits. In the meantime, I invite you to check out a free eBook to help you further maximize your eBay selling success...

How To Make Money on eBay

In the meantime, I wish you the best. Have an excellent day!

































 













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