King bell
VIP Contributor
You can make money by starting an Ebay store. Whether you want to sell collectibles, electronics, arts and crafts, or unsaleable items that may have accumulated over the years and need to be hidden from the eyes of your family members - this article will show you how to turn them into cold hard cash.
First, you'll need to decide if it is worth time and effort for you. And then comes a list of things that are best sold on Ebay: antiques, electronic components such as cellphones/TVs/computers etc., arts & crafts (painted canvases etc.), bike parts e.t.c.
You can start with an auction or a buy-it-now. If you want to start slowly, give auctions a try. If it goes well and you make profits, then you may eventually go for buy-it-now option too. That is the way to go if you already have some sort of reputation on Ebay or if your item is in great demand - keep in mind that people who are bidding on your stuff will eventually be paying higher amounts so that they can get it faster than others.
There are two kinds of sellers on Ebay - wholesale and retail. Wholesale sellers are people who buy items at wholesale prices and sell them at higher prices (this is how they make profits). Retail sellers are people who buy from wholesale stores and sell them at retail (i.e. the ones that they sell at small stores). You have to decide where you fit in, to know the prices of items you should be charging. You should always charge a bit more than what it would be sold for in a regular store, because the customer will pay shipping charges too - which you should also charge extra for (in some cases).
Ebay has an item category chart that is useful in helping sellers to choose between categories and subcategories depending on what they're selling. You can find it here: eBay Customer Service.
First, you'll need to decide if it is worth time and effort for you. And then comes a list of things that are best sold on Ebay: antiques, electronic components such as cellphones/TVs/computers etc., arts & crafts (painted canvases etc.), bike parts e.t.c.
You can start with an auction or a buy-it-now. If you want to start slowly, give auctions a try. If it goes well and you make profits, then you may eventually go for buy-it-now option too. That is the way to go if you already have some sort of reputation on Ebay or if your item is in great demand - keep in mind that people who are bidding on your stuff will eventually be paying higher amounts so that they can get it faster than others.
There are two kinds of sellers on Ebay - wholesale and retail. Wholesale sellers are people who buy items at wholesale prices and sell them at higher prices (this is how they make profits). Retail sellers are people who buy from wholesale stores and sell them at retail (i.e. the ones that they sell at small stores). You have to decide where you fit in, to know the prices of items you should be charging. You should always charge a bit more than what it would be sold for in a regular store, because the customer will pay shipping charges too - which you should also charge extra for (in some cases).
Ebay has an item category chart that is useful in helping sellers to choose between categories and subcategories depending on what they're selling. You can find it here: eBay Customer Service.