Resell Items On eBay
What is
eBay.com?
EBay is
the most popular website to buy and sell goods on the internet.
It’s a place where individuals and businesses can buy or sell new or
second-hand items, from books and clothes to cars to almost anything.
Here's
how eBay works:
A seller
lists an item on eBay, almost anything from antiques to mobile phones, books to
sporting goods.
The
seller chooses whether to sell the item at a fixed price or accept only bids
(auction-type listing).
In an
auction-type listing, the bidding opens at a price the seller specifies and
remains on eBay for a certain number of days.
Buyers
then place bids on the item. When the listing ends, the buyer with the highest
bid wins.
In a
fixed price listing, the first buyer willing to pay the seller's price gets the
item.
Suitable
For -
People
who are self-motivated and know how to spread the word – to friends, family members, acquaintances and strangers using
online or offline mediums.
Skills
Required -
Some
experience of selling goods online or offline is welcome, along with a business
savvy mind.
Time
Required To Start Selling On eBay -
To start
selling you first need an eBay account and a PayPal account.
After
that, you need to enlist your product for which you’ll need upload some product pictures and write an appealing
description.
Even if
you are a beginner you can do all the above tasks within a day or two.
Tips -
1. If you
are completely new to eBay and your account does not have any feedback, then
getting some feedback before starting to sell anything is a good practice.
People
are very wary of buying anything online nowadays, so if your account has 0
feedback then no one’s is going to buy anything
from you.
It’s recommended that you should get at least 10-15 feedbacks before
selling anything.
The
simplest way to get feedbacks is to buy 10-15 $0.99 items with free shipping.
Many
sellers leave positive feedback to you straight way when you’ll make payment.
2. Start
small - Most of the eBay resellers buy a bulk wholesale stock of any particular
product then sell it on eBay at a retail price.
If you
don’t have money to buy a
wholesale stock then find out unwanted items present in your house which are in
good condition and make a list of them.
3.
Research - Now as you have a list of few ready to sell items you must ensure
that there is a market for them.
Take 10
minutes to Google your item and uncover its true market value on eBay and
another bunch of e-commerce sites.
This will
help you to sell right items more competitively because you’ll have the knowledge of your item’s market and its pricing strategies.
Also, dig
out relevant targeted keywords which will help people to find your items via
Google search engine.
4. Craft
the title - Title is the single most important factor for grabbing the
attention of your potential buyer.
Make sure
your title is appealing, complete and you’ve included targeted keywords.
You don’t have to be a tech wizard for this. Just ask yourself, what would
a potential buyer for this item type into the search box?
5. Write
item’s description - Fill out
all the fields in your listing, and make sure your textual description is
providing all the information that your potential buyer might look for.
Most of
the lazy sellers ignore this and fail badly at selling anything on eBay.
6. Upload
item’s pictures - Upload only
high-quality pictures. Ensure that item’s pictures are new, clear (not blurry) and cover the product from
all angles.
Also, don’t restrict yourselves to 2-3 pictures upload at least 6 pictures.
Once you
are in a profit making stage, buy your most selling products in bulk on a
wholesale price and the sell them on retail price to increase your profits.
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