Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,156,425 members, 7,830,131 topics. Date: Thursday, 16 May 2024 at 04:42 PM

Ebay And Tons Of Income Opportunities! - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Ebay And Tons Of Income Opportunities! (818 Views)

Great Income Opportunities For You / Can One Shop On Ebay From Nigeria? / I Have Been Banned By eBay and Google (2) (3) (4)

(1) (Reply)

Ebay And Tons Of Income Opportunities! by nasstil2(m): 12:39pm On Oct 16, 2012
If you've ever read an article about eBay, you will have seen the kinds of incomes
people make - it isn't unusual to hear of people making thousands of dollars per
month on eBay.

Next time you're on eBay, take a look at how many PowerSellers there are: you'll
find quite a few. Now consider that every single one of one of them must be
making at least $1,000 per month, as that's eBay's requirement for becoming a
PowerSeller.

• Silver PowerSellers make at least $3,000 each month,
• Gold PowerSellers make more than $10,000,
• Platinum Powersellers make more than $25,000, and
• Titanium PowerSellers make at least a whopping $150,000 in sales every
month!
The fact that these people exist gives you come idea of the income possibilities
here. Most of them never set out to even set up a business on eBay - they simply
started selling a few things, and then kept going. There are plenty of people
whose full-time job is selling things on eBay, and some of them have been doing
it for years now. Can you imagine that? Once they've bought the stock, everything else is pretty
much pure profit for these people - they don't need to pay for any business
premises, staff, or anything else. There are multi-million pound businesses
making less in actual profit than eBay PowerSellers do.

Even if you don't want to quit your job and really go for it, you can still use eBay
to make a significant second income. You can pack up orders during the week and
take them down to the post office for delivery each Saturday. There are few other
things you could be doing with your spare time that have anywhere near that kind
of earning potential.

What's more, eBay doesn't care who you are, where you live, or what you look
like: some PowerSellers are very old, or very young. Some live out in the middle
of nowhere where selling on eBay is one of the few alternatives to farming or
being very poor. eBay tears down the barriers to earning that the real world constantly puts up. There's no job interview and no commuting involved - if you
can post things, you can do it.

Put it this way: if you know where to get something reasonably cheaply that you
could sell, then you can sell it on eBay - and since you can always get discounts
for bulk at wholesale, that's not exactly difficult. Buy a job lot of something in-
demand cheaply, sell it on eBay, and you're making money already, with no set-
up costs.

If you want to dip your toe in the water before you commit to actually buying
anything, then you can just sell things that you've got lying around in the house.
Search through that cupboard of stuff you never use, and you'll probably find
you've got a few hundred dollars' worth of stuff lying around in there! This is the
power of eBay: there is always someone who wants what you're selling, whatever
it might be, and since they've come looking for you, you don't even need to do
anything to get them to buy it.

So you want to get started on eBay? Well, that's great! There are only a few little
things you need to learn to get started. Read on!


What You Need to Know Before Getting
Started

So you've decided that you want to get started as a seller on eBay. There are a few
things that you really need to know before you go and throw yourself in at the deep end.

What to Sell

First off, you need to know what it is you're going to sell: what's your speciality?
You'll do far better on eBay if you become a great source for certain kind of
products, as people who are interested in those products will come back to you
again and again. You won't get any loyalty or real reputation if you just sell
rubbish at random.

When you think about what to sell, there are a few things to consider. The most
important of these is to always sell what you know. If you try to sell something
that you just don't know anything about then you'll never write a good
description and sell it for a good price. You might think you're not especially interested in anything, but if you think
about what kind of things you usually buy and which websites you go to most
often, I'm sure you'll discover some kind of interest. If all else fails mention it to
your friends and family: they'll almost certainly say "Oh, well why don't you
sell…" and you'll slap your forehead.

Out of the things you know enough about, you should then consider which things
you could actually get for a good enough price to resell, and how suitable they
would be for posting. If you can think of something of that you're knowledgeable
about and it's small and light enough for postage to be relatively cheap, then
that's great!

Don't worry if you think the thing you're selling is too obscure - it isn't. There's a
market for almost everything on eBay, even things that wouldn't sell once in a
year if you stocked them in a shop. You'll probably do even better if you fill a
niche than if you sell something common.

Tax and Legal Matters

If you earn enough money, you should be aware that you're going to have to start
paying tax - this won't be done for you. If you decide to sell on eBay on a full-time
basis, you should probably register as a business.

Prepare Yourself

There are going to be ups and downs when you sell on eBay. Don't pack it in if
something goes a little wrong in your first few sales: the sellers who are successful
on eBay are the ones who enjoy it, and stick at it whatever happens.

Anyone can sell on eBay, if they believe in themselves - and if you do decide it's
not for you, then the start-up costs are so low that you won't really have lost
anything.

If you're ready to start selling, then the next thing you need to know is the
different auction types, so you can decide which ones you will use to sell your
read more about internet busiess www.netprowealth.com
Re: Ebay And Tons Of Income Opportunities! by stpat1(m): 5:08pm On Oct 16, 2012
Ebay is not for Nigerians. Infact with Nigerian IP you won't be able to sign up for an ebay account. For you to receive money for items sold on ebay, you have to get a paypal account which is not open to Nigerians. All the benefits of selling on ebay you highlighted are true but the sad news is that Nigerians can't enjoy them. If you try to cut corners you'll end up with nothing cos your account will be blocked.
Re: Ebay And Tons Of Income Opportunities! by nairabacks(f): 11:05pm On Oct 16, 2012
All this cut and paste, pls stop it.
Not applicable here in Nigeria.

(1) (Reply)

I Have N52 Thousand Naira, Which Business Do I Start? / 11 Nigerians Make Forbes’ Africa’s 40 Richest List •dangote Leads Again / How Can I Generate Income For a Club During The Day

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 25
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.