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Sunday, January 4, 2009 

How to Sell on EBay - Make Money From EBay!

EBay has created a vibrant seller market place that anyone with ambition and the willingness to learn can make money on eBay. Everyone has old stuff or things laying around that you do not use anymore. Sadly some people seem to ignore the fact that they can make money online, by selling this things on eBay.

When I say anyone can make money on eBay, I'm saying you can, but there important steps to follow to get the maximum amount for your used goods you plan on selling on eBay. These steps are not really hard, but unfortunately most people who begin selling on eBay, tend to not notice these steps, thus not receiving the amount of money for there goods that they should have, if they would of properly listed the products and known how to sell on eBay.

The steps are simple. The first step to make money on eBay is to locate the goods or products you have at home that are not used anymore and put them all in a certain location so that you can easily get them for listing and packaging purposes. (Don't get into the mindset that something may not be worth anything, because on eBay, someone is looking for it.)

Once you have piled all the items you are thinking about selling on eBay. The next step is to make a list of what you have to sell. Write the product name, the maker if possible, a brief description of the product, the year the product was made, and it's condition.

Now you take your list to your computer. You log on and enter the eBay website. You now with a separate piece of paper for notes, type in the first product into the search box. You will then be taken to the results page, which will give you an idea if other sellers are selling a product similar to yours. If you receive results, briefly look over the bidding activity and the current prices. This may give you an estimate of what the product is worth on the eBay Marketplace.

Now look to the left sidebar or advance search method. Fill out the form with the product information and check the box of past closed listings. Once you have done this you will be taken to a screen displaying recent closed auctions of the item you searched for. Find the auctions that completed with a successful sale. Take the top five winning auctions and compare them.

Make note of their starting and finishing prices. Then make a note of their categories, the words used in the title and the description, mostly the keywords used with in the description.

They say that this world is a copycat world and that's true, eBay is no different. Copy the success of others and you will have a chance to have the same success. (I am not saying copy exactly their entire listing title and description. I'm saying follow the same technique these sellers used to make a successful sale.)

Now it's time to list. Take as many pictures as you can of the product from different angles. Pick the best pictures of the bunch. Set up an account, if you don't have one. And Start selling. List the product, use the same category the highest sellers used. Use some of the words in the title these seller used such as, Vintage, rare, one of a kind, and so on...

The description should not be in all caps. This really irritates some people on eBay. You are talking to a very educational individuals on eBay, write like it. Describe the product to a Tee, the condition and blemishes, you get the point.

Once you have completed the description, bold the keywords in the description, this will make those words relevant for the eBay search engine. Then write your refund policy if any, and your shipping procedure. (If you item is breakable, make sure Shipping Insurance is mandatory, this will save you a lot of headache.)
Once your product is listed. Pay attention, answer any or all questions honestly and quickly. Being Honest will make your buyer impressed and potentially land yourself a repeat buyer for future auctions.

If your item doesn't sell the first time, don't sweat it, realist it a second time. It is not uncommon for the item to sell the second time around. Always make sure your listing is ending in prime hours, such as around 7pm to 9pm. Ending a auction at 3 pm in the middle of the week, well, wouldn't be to productive.

Once you have made some money on eBay you may get hooked. To expand you will need to locate products to sell by going to Garage sales, second hand shops, auctions, buying from auctions, buying wholesale, or trying the drop shipping method. There are people on eBay making a decent monthly income from using all of these sources, which source you choose will be your own choice.

For more information on selling on eBay or finding out how to earn money from eBay with out selling on eBay visit his website http://bigcashideas.com

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