How many eBayers out there? Let's hear some ideas...dos, don'ts, etc.
July 5, 2009 3:29pm CST
I've been on ebay for about a month and am gettng up very slowly. I had limited funds so had to start with what was on hand, things I already had at home, and am adding little by little. I want to know how many eBayers are on mylot, and do you have any tips to share. I want some dos and dont's, etc. my site: http://shop.ebay.com/merchant/omacantu
• United States
5 Jul 09
I too have been looking for ways to make extra money these days and found that EBAY is the best way to make a few extra dollars. I looked around my house for items that are no longer being used such as gently used clothing, DVDs and recently purchased books. My daughter sold her old Nintendo and its compatible games. I was surprised that the Nintendo actually sold because it is a least 10 years old. Here is a great hint, I asked some of my co-workers for items. I got a couple of designer purses, a doll collection, clothing and perfumes. I just told them I would give them a few dollars when the items sold. Be sure to look carefully at some of the categories and see what is selling and how much the item is selling for. Do not over price your listings. Buyers are really looking for reasonably priced items. Happy EBAYING!!!
5 Jul 09
Write terms and conditions I have a set if you want them although they are copyrighted so you will just need to use them as a guideline. Makes you look more efficient. Write longer descriptions, go in to every part of the item, all the details and everything. In the terms and conditons write it out on word or something and then just copy and paste it into the end of the description of the item you are selling. Also go into charity shops you can pick things up real cheap there and resell them. Great for the charity and great for you! Good luck! Happy mylotting and e-baying
• United States
26 Jul 09
I too am an ebay seller. I read and did a lot of research, in the beginning and continue to, so that I can stay on top of what is going on. I even bought a few ebooks, which I recommend no one do. Save your money, the advice is out there for free on youtube.com and many other places, if you look for it. There is so much advice I could give you. I guess the most important advice is to be honest and write great descriptions. Tell your potential bidders everything about the item, good and bad. Your feedback and reputation are at stake. I would also suggest that you read every inch of the ebay website, know the rules, read the community forums, know what the old timers do and what they suggest, so you can avoid the pitfalls and learn from their mistakes. There is a lot you can do with ebay and there truly is a very decent amount of money that can be made, by one person starting out on ebay. Learn the basics first. Shipping was one area, I had trouble. I didn't take time to become knowledgable and when I would sell an item, I found myself having to use part of my profits for shipping, because I failed to charge enough. Packing materials are costly too. Use the post office for their free boxes and other items and accumulate packing materials, in packages that have been sent to you, to help cut down on what you may have to purchase. As you go along, keep your eyes open to other ways to modify your business; become more automated. Use what ebay has to offer in this area, to give yourself more free time, while your business does part of the work automatically. Lastly, work on sourcing the right products or items to sell. Your acquisition of these products or items at the lowest possible price is so very important, because it will determine whether your profits are great or just so so. When you find an item to sell, use a good ebay calculator online, to help you calculate your anticipated expenses/ebay fees/Paypal fees and ultimate profit, to see if that item is truly worth it. Research is key.
• United States
6 Jul 09
I have been an eBay seller for several years and, while it has been profitable, I have also gotten burned a couple of times. So you can learn from my mistakes, I will tell you that you should never sell for someone else. It is big business for people to pay eBayers with good feedback to sell for them on commission. While there may be reputable people doing this, you have to ask yourself why they don't just sell their own stuff. I tried doing this and ended up having my account suspended for awhile because the person took the money for the sale but never sent the item and I was left to refund the buyer to the tune of over $500. I assure you that eBay will do nothing to help you in this situation. Another thing is to never refund someone who wants to return an item until it has been sent back and you have opened the package. It is fairly common for folks to say they want to return an item but actually send you back a box of dirt or rocks. From the positive side, eBay has some recommended dropshippers, and I find dropshipping to be awesome once you have a reliable merchant to work with. You can make some hefty profit without the hassle of shipping the items. Most will even print the shipping label as if it came from your address. Good luck to you!
5 Jul 09
The best way to learn how to sell items, is to see how the top sellers in your niche are doing it. Just search similar items and watch them for a while to learn how to list products, what your starting bid should bid and so on. You can also visit the forums to read some tips from other sellers.