Do you make money on ebay?

@VotreAmie (3028)
United States
March 24, 2007 7:39pm CST
Everybody has heard of Ebay and how you can make a decent amount of money from it. Do you sell regularly on ebay? Is it true that you can make a living from it? Personnaly I have been discouraged by the ebay fees and I'm sure there are many people out there who think they are making a lot of money but in reality they are losing money just because they don't take into account the insertion, final value and paypal fees.
12 people like this
19 responses
@KarenO52 (2950)
• United States
25 Mar 07
I have made some money on eBay, and I believe it's worth a try. True, there are fees, but it can still be a good way to earn money. A couple of months ago, I bought a pair of jeans in a resale shop for 5 bucks. I listed them on eBay and ended up making 25 dollars. The shipping and insertion fees can be set up to be paid by the buyer (by adding a small handling fee). The main thing about selling on eBay is in trying to get to know the trends and what will sell. If you study the completed items and see what things sold for you will get a pretty good idea. I've also had good luck selling books. A friend of mine was thowing out books and gave me a bunch of them. I sold a very old cookbook for 10 dollars. It's really fun when you have something up for bid, and people will try to outbid each other.
4 people like this
• Canada
25 Mar 07
If you have stuff to sell that you think people will want it is quite possible to make a great living on eBay. A few tips: Make your items end on Sunday evening Start with low, or no, reserve/starting bid use pictures!!!!!! There are many more tips, but to be honest I have not done a lot of eBay selling as of yet so I am fairly new to it.
3 people like this
25 Mar 07
don't use ebay any more,lost money on a few occasions. I use to sell computer parts though, but never really took off, just run my own webdesign business(only part time) now and work for a large IT company.
3 people like this
• United States
31 Mar 07
Dont be discouraged. I have written a detailed guide based on my expertise concerning ebay sales. Have a visit on my squidoo page. I discuss lots of sales boosting techniques and tips. http://www.squidoo.com/boostingebaysales
1 person likes this
@missybal (4490)
• United States
25 Mar 07
It's up and down. I've been selling there for years however they have upped their fees a few times since I joined. I do pretty good most times however I can see how they are making a huge profit. And that Paypal thing is the worse because the people using to pay don't have to pay it... I do. And they want to use it so much when I tried to just accept checks and money orders I got a lot of people that didn't read and were very angry with me. Also you really don't sell very well until you get a solid rating and that also depends on supply and demand how you do. I suggest you watch for when they have one of their fee sales and list then. They do a free listing day every so often. That is usually when I post the most. I have had to resort to upping my shipping cost in order to cover more of the fees. This year I will have to up my starting bids in order to make up for a little more of my over head. I really should have a while ago but I hate to do that to my customers. I'm not losing any money but it's not making me rich either. I pays some bills. I have another work at home job to fill in the rest. On ebay I sell baby and lap quilts that I make myself and anything I find I need to get rid of in the house.
3 people like this
@gberlin (3836)
25 Mar 07
I have bought and sold on ebay. It was just stuff around my house. I do not do it everyday and it is not my sole source of income. I do it as a hobby that earns me a little money.
@cjthedog64 (1552)
• United States
25 Mar 07
I've only recently started selling stuff from around the house. I've made around $50 after all the fees. I think if I had more time available to get things listed, I'd be able to make a lot more. I have tons of stuff waiting to sell, but it takes a while to get things organized, photographed & listed. Right now I'm just hoping to make a decent amount to supplement our income. I think to be successful in making ebay a business, you have to have a good source of products to sell. Eventually I'll run out of extra junk around the house. (Yeah!) But if you like buying good deals and reselling them, it's definately possible.
3 people like this
@cuterat (296)
• India
25 Mar 07
I had a very sour experience with eBay. I thought I would auction my mobile through eBay and so I went and put it on auction. Someone was ready to buy and I accepted his offer. Now the bad part, he never sent me a cheque or money but eBay considered that I have been paid and asked for their fee. I was shocked and never paid the fee, and closed down my account.
@dixie1 (1330)
• United States
25 Mar 07
Seems like there are more and more fees with ebay. However, honestly, I have never tried hard to sell. I buy things from ebay mostly.
25 Mar 07
eBay on line - Busy listing onto eBay
I have been with eBay for 3 years and although I have sold quite a lot of things, I can't really see anyone making a really good living from this. When you add up the listing fees, the final valuation fees, the paypal fees, the postage costs etc., you need to be selling a lot of things regularly to make any real money
3 people like this
@Denmarkguy (1845)
• United States
25 Mar 07
I have been selling on eBay for almost 10 years, and I do make "real" money from it. So far, my best month brought me about $8000 NET profit (after fees and the cost of products), but I typically make a lot less than that. Indeed, fees have gone up a lot... and with the cost of shipping also having gone up a lot in the past 4-5 years, it's difficult to make much money unless the products you sell are going to sell for $20 or more... unless you already have a huge following and can sell large numbers of items. I used to sell $5 items and still do OK, but that's just not possible (for me, anyway) anymore.
• United States
25 Mar 07
I haven't personally made a lot of money on ebay as of yet either because just like you I think their fees are outragous. In the beginning the fees were a lot less and more affordable for the common person to make some good money while still paying ebay's electrical bills however now it seems like ebay is making more money than the people selling on ebay. My research has proven though if you don't mind the monthly fees of running an ebay store then the fees are a lot smaller and you can have your products listed for a longer period of time in compared to a non store owner.
@Gemmygirl1 (2867)
• Australia
25 Mar 07
eBay isn't too bad for making money, i have done it quite a bit - i opened an eBay store but don't always have a lot in there but it's fun to play with & making the money means i have more to spend on the things i want! There's another Australian auctions site called Oztion - there's no insertion fee but a small final fee, it's not a lot though & you can buy from there no matter where you live & like eBay, most people are listing so that people overseas can buy. www. oztion. com .au If you don't use PayPal then there aren't any paypal fees & the fees there aren't too bad - the smaller the amount is that goes in to PayPal the more the fees seems but if you lose say 50c for the 1st dollar - you still only lose about $1.30 for an amount of say $30 so it's on;y really bad if you sell things very cheap!
3 people like this
@maucute (979)
• Philippines
25 Mar 07
Yup, I do sell on ebay but not in US. There's no charge for being a seller in ebay ph, I'm selling bnew and second hand items that's why I don't earn that much. I mean, I do post my items often but some people usually look for items based on brands. I agree that there are fees to be paid, I really earn but not that much..
3 people like this
@tingvan (12)
• China
25 Mar 07
of course i have heard of Ebay. but i have nothing i think it's worthy to sell. i just bought a lot of stuff via ebay. i think ebay is a good place to buy goods. it's very cheap in my opinion.
3 people like this
@Ca8680 (26)
• United States
25 Mar 07
Hello, well i haven't met someone that has made a living trough ebay. but i have read many articles on people that do hit-it big using ebay. There is a big possibility to make a living off a ebay, you just have to tap a niche that no one has really exposed and make your money there. For me i am just 17 and i just sell e-books of famous titles like 48 laws of power and the 7 habits of highly effective people. I barely started 2 weeks ago and have made $30 dollars not bad for me and i am barely starting to understand how to make the most using it. just find something that interest you and sell that. People do make money regardless of the insertion fee $1 insertion doesn't give you a hassle, you just have to know how to price it so you can profit.
3 people like this
• United States
25 Mar 07
I sell on ebay every once in a while. I do usually make some money but not enough to live on. It is possiable though to do that. The thing is though it is more work then a real job I think. You have to be at it everyday and deal with some really silly people. There are better ways to make a living but for a few extra bucks it's OK.
2 people like this
• Hong Kong
25 Mar 07
I think it is not easy to make a big money on Ebay. If you wanna earn lots of money there,you must spend much time there. you know, there are so many online shops on ebay. if you wanna attract others to buy your prodcuts, you must try your best to promote your products, and also you must have a regular budget to make sure your income is more than the fees. I think it is just like to open a shop in our real lives. I do know some people are sucessful on ebay, but it needs a long time to accumulate experiences and credit. The credit score is a very important factor on ebay. most of the guests wanna buy something from those who have a high credit score.
@roque20 (518)
• Philippines
25 Mar 07
ohh, i havent been to ebay and ive heard also many things about ebay same as yours..so i think it is not a good money making oppurtunity unless you are wise enough to manage or to deal such things..
• Lincoln, Nebraska
25 Mar 07
I registered an eBay account several years ago and still have as yet to sell anything on it. If I had a digital camera to take pictures of items and some hot sellers to list then I might get things rolling. I do plan to make use of their affiliate program some time soon though.
• United States
25 Mar 07
As far as making money on ebay I dont see how people can do it for a living because you have to lose before you can earn. unless you have a whole warehouse full of merch.
1 person likes this