What is eBay?
eBay is the most popular website to buy and sell goods on the internet.
It’s a place where individuals and businesses can buy or sell new or second-hand items, from books and clothes to cars to almost anything.
Here's how eBay works:
A seller lists an item on eBay, almost anything from antiques to mobile phones, books to sporting goods.
The seller chooses whether to sell the item at a fixed price or accept only bids (auction-type listing).
In an auction-type listing, the bidding opens at a price the seller specifies and remains on eBay for a certain number of days.
Buyers then place bids on the item. When the listing ends, the buyer with the highest bid wins.
In a fixed price listing, the first buyer willing to pay the seller's price gets the item.
Suitable For -
People who are self-motivated and know how to spread the word – to friends, family members, acquaintances and strangers using online or offline mediums.
Skills Required -
Some experience of selling goods online or offline is welcome, along with a business savvy mind.
Time Required To Start Selling On eBay -
To start selling you first need an eBay account and a PayPal account.
After that, you need to enlist your product for which you’ll need upload some product pictures and write an appealing description.
Even if you are a beginner you can do all the above tasks within a day or two.
Tips -
1. If you are completely new to eBay and your account does not have any feedback, then getting some feedback before starting to sell anything is a good practice.
People are very wary of buying anything online nowadays, so if your account has 0 feedback then no one’s is going to buy anything from you.
It’s recommended that you should get at least 10-15 feedbacks before selling anything.
The simplest way to get feedbacks is to buy 10-15 $0.99 items with free shipping.
Many sellers leave positive feedback to you straight way when you’ll make payment.
2. Start small - Most of the eBay resellers buy a bulk wholesale stock of any particular product then sell it on eBay at a retail price.
If you don’t have money to buy a wholesale stock then find out unwanted items present in your house which are in good condition and make a list of them.
3. Research - Now as you have a list of few ready to sell items you must ensure that there is a market for them.
Take 10 minutes to Google your item and uncover its true market value on eBay and another bunch of e-commerce sites.
This will help you to sell right items more competitively because you’ll have the knowledge of your item’s market and its pricing strategies.
Also, dig out relevant targeted keywords which will help people to find your items via Google search engine Continue reading...