Making money on eBay isn’t as challenging as you may think! In fact, it is a quick and easy way to make some extra cash quickly, with the right amount of effort.
Here are some key pointers on how you can boost your income by selling your unwanted goods.
Before you start: Be a buyer first. It’s important to build up your profile before you start selling. So, buy some cheap items that have free shipping to receive feedback. It doesn’t have to be hundreds of items simply 5-10 items will do to get your feedback started.
When you do start selling remember to leave the buyer feedback this will prompt them to leave you feedback in return.
What to sell: Look at items you haven’t used in a year, don’t bin it, sell it and boost your income. Start by selling your unwanted items such as DVDs, clothing, furniture and appliances. You can still make a nice profit on these without having to invest a vast amount of money in brand new stock.
Items that still have the tags on them or with original packaging will fetch higher prices. If you have lots of similar items such as t-shirts considers selling them as a bundle to save yourself time listing them individually.
You can use nifty tools such as Terapeak.com to see what are the best sellers on eBay.
Know the costs: Nothing in life is free and this goes for eBay as well. Beware that 10% of the sale will go to eBay and if you are using PayPal as the payment method they also charge per transaction. So, make sure you research and factor in all the costs to ensure you will see a reasonable profit.
Descriptions: Keywords are key. People are more than likely going to search for “Reebok trainers” than “trainers”. Be extremely honest with the product description. Take your time with it and ensure it is accurate and informative. Avoid spelling mistakes and using caps lock. Use high-quality pictures.
Reaching your customers: It’s important to think about how you are going to get the item to the customer. For smaller items like clothing you can use your local post service and for bigger, heavier items you can use delivery comparison websites like Shiply for free quotes.
Always get proof of postage. Just in case the seller claims they didn’t receive it, it’s best to have some proof that you did indeed post the item.
Ramona @ Personal Finance Today says
Use GREAT images and make sure you properly spell your items’ names. My husband got quite some nice deals, since the sellers didn’t bother proofread their titles 😀
I have sold items on Ebay and it is really a great platform to sell items because in just a day, I was able to sell my items in the price I set.
Jayson @ Monster Piggy Bank says
Would try to sell some items on Ebay. Hope I can sell all of my unused items.
Great advice on selling on Ebay. I’d take note each of these, Pauline.
The Devil Corp says
Good post. Well done.