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Tips for Selling On Ebay

| Extra Cash | November 1, 2011

Ebay Tips For Sellers - Make Money Selling on EbayOne of the main reasons people don’t sell items online is because they simply don’t know how, or they don’t know how to get started. Also, they’re worried about their personal security. Neither of these has to be an issue, and once you start selling and understand how online auction websites, like eBay.com, work, you may be hooked.

Ebay Tips Needed In Order To Sell Like A Pro

eBay.com is the most popular online auction website, and it’s very easy to set up and use. First, you’ll want to set up a profile if you don’t already have one. Click “register” at the top of the homepage, or click here. You’ll be required to enter some information and choose a username. If you run a small business, it even gives you the option of creating an account for your company. There’s a third option, if you choose to get serious with your sellings. As an individual, you can open an eBay store. There is a fee, broken down into three levels (the cheapest is $15.95 per month, and goes up to $299.95 per month). For most people getting started, the free individual account works best.

Once you’ve created your account, you’ll want to head over to PayPal.com and make an account there also. One of the most important steps in creating an eBay persona, using PayPal is how you actually get paid. This is also where any security issues can be put to rest. People often think that because the sales and exchanges on eBay are directly between two people that all of your information is out in the open and compromised. PayPal acts as the middle man in sending and receiving payments. As a seller, your customers will electronically send their payments to PayPal, and PayPal will deposit the payment in the account you create with them. These payments, if you choose, can be directly deposited into your own bank account. If you buy from someone, you will log into PayPal through eBay and send your payment via PayPal.

Some people do not feel comfortable giving their home address to strangers via the internet, but there are ways of protecting yourself. Do you work at a business that uses the USPS? If so, and your employers don’t mind (and most usually don’t), use your business address as your eBay shipping address. If this isn’t an option, you can set up a P.O. box at your nearest post office. Fees for this vary by location and size of the mailbox. Check out usps.com for info on fees and mailbox sizes.

After you’re all set up, it’s time to sell! Make sure you have some actual photos of your item. They’re not required, but who wants to buy something before they see it? I take at least three good photos of the items in all different positions. Once you go to sell, you’ll find that it’s actually pretty easy. Just fill in the forms with all the information for your item. You might notice that to list some details, you have to pay a little extra. It’s completely up to you if you want to do this. It sometimes helps your item show up better in searches if you give more info. It also helps to add more than one picture, and it’s only 15 cents for each additional picture.

Towards the bottom of the selling form, you’ll see your payment options. There is a starting price, which I usually set pretty low, and the Buy It Now price. If you enter a Buy It Now price, you’re giving the customer the option to buy the item right away rather than bidding and driving up the price. If you do this, enter the price that you’d like the item to sell for. If you choose Buy It Now, you can also give the customer the option to submit their Best Offer, if you would accept a lower price. You can set a reserve price for an item, meaning you don’t have to sell it if it doesn’t reach a certain price. Keep in mind though, using Buy it Now and setting a reserve fee can result in a higher listing fee.

Then you’ll come to shipping. For small items, you can mail them. However, if you’re selling something large like a television, you have the option to have the customer come to you to pick it up. Most things, however, are mailed. Personally, I always offer free shipping. I do this for two reasons: the items I sell are normally pretty small and can be shipped first class at a low cost, and people tend to bid higher and quicker if they notice free shipping. It’s a small sacrifice, but I’ve found that items I list with free shipping tend to sell better and with higher prices than items that I tack shipping charges on. You can also give the option of offering returns.

So now that you know the basics of getting started on eBay, jump in and start selling! Like anything new, it does take a little bit of practice to become perfect, but go ahead and clear some clutter while practicing!

 

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