Anyone knows how to make money from ebay?
• United States
19 Sep 07
The key to making money on ebay is specialization and consitency. The biggest mistake people make is just throwing stuff up there and giving it a whirl. You may get lucky once but it won't last. If you only seek out and list stuff you are truly knowledgeable about, you will know what items have value and what don't and what other people like you are looking for. Also, having repeat customers come back to you is that really drives profits. If people know you specialize in a certain thing or have a certain way of doing things, they are more likely to keep you as one of their favorites and buy again. it is not about how much you make on each item but how much you are making overall when you add up everything you are offering. Also, keep in mind someone may pay X amount for a certain dish set but they are not going to buy yours for a few dollars cheaper than they can get it at the store if its something to be easily had at every store. So rarity and scarcity play into it too. I won't pay shipping just to save $2.00. Also, sending a periodic newsletter out to past customers isn't a bad idea to remind them of your offerings. You can create a nice little business on ebay if you put a little time and thought into it, and censor yourself. Don't pick up every random thing you think might sell.