Auction Registration

Jul 25

How To Sell On Ebay – A Beginners Guide

Whether your starting a new on-line business, or looking for an additional sales outlet for your products, eBay is far and away the easiest way to get started selling on the internet. There are two simple steps you need to take before you list your first item. Register on eBay, and create a seller’s account. Both are completely free (unless you choose to become ID Verified, which is recommended and explained below).

If you have ever purchased anything on eBay, then your halfway there! If you don’t have an eBay account, registration is fast and only requires some basic information. A seller’s account isn’t really a new account, it’s just additional information that eBay requires to allow you to list items for sale as well as buy under the same account.

Sell it! In order to became a seller, you will need to provide a valid credit card, or become ID Verified. ID Verify requires a small fee, but is an excellent way to provide trust to your trading partners. This is especially true for new sellers with little or no feedback ratings. A small icon will show in your seller’s profile which lets the buyer know you have taken the time(and money) to verify your identity with a trusted third party. This should ease any fears of the buyer getting scammed by a new seller.

What about the fees? eBay charges a listing fee, and if your item sells, what they call a Final Value Fee, which is basically their commission. The listing fee is small and the value fee a bit larger, but remember that you only pay this when your item sells, so be sure to take the total fees into account when pricing your item. Both fees differ based on your selling format, Auction-style or fixed-price. What’s the difference? Read on!

Selecting a selling format. Auction-style is probably what your most familiar with. You sell to the highest bidder, or set a Buy It Now price. Auction durations can be anywhere from 1 to 10 days. A fixed-price item allows you to set a price so buyers can purchase right away. With fixed-price you can set a Good Until Cancelled option, but you will be re-billed the small listing fee every 30 days until your item sells or you cancel the listing.

Okay, so how do I get paid? You may have noticed above that I mentioned there are two requirements to list your item. Well you do want to get paid right? The easiest way to receive payment from your buyer is PayPal, and your account is usually credited instantly. If you already have a PayPal account your set. If not, head on over to PayPal and set up a free account. If you already have a merchant account, you can also take payments through it by setting up the appropriate gateway at eBay.

Listing tips. First and foremost, take plenty of well lit, in focus pictures. Use a tripod if you have one. Good pictures will help seal the deal. Also, help buyers find your items by choosing the most specific category possible, and by using a listing title that is clear and complete. Put some though into your item’s description. When it comes to pricing, plan you strategy by searching completed listings of similar items on eBay, and searching other on-line stores. You can also set a reserve price. A reserve price sets a minimum amount you are willing to sell the item for. The reserve price is hidden to buyers. If the reserve is not met, you are not required to sell the item. Reserve pricing typically carries an additional fee.

Shipping your item. USPS offers free supplies sent right to your home, labels can be printed on line free of charge, and you can even schedule pickups at your home. You don’t even need to leave your house! Can’t beat that.

Taking the first steps to selling on eBay really is easy. And yes, there are many, many people making a full time living selling on eBay. How? Just like the brick and mortar guys, they do it by sourcing products at wholesale prices and selling for a profit.

By: Rob Kraft

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There are thousands of wholesale providers out there for every imaginable product you can think of. Click the link to find out how to gain instant access to a complete list of Wholesalers and Drop Ship Suppliers.

You Can Sign Up With eBay Here!