Whether you just want to declutter, raise money for a holiday or start your own e-commerce business, learning how to sell on eBay is the first step in making some extra cash online. I have literally made thousands over the past decade selling on eBay.
You can make money selling just about anything but you have to know your product.
If you don’t know about anything in particular, just jump in selling something that interests you. If you make mistakes, learn from them, you will be a pro as you learn from those mistakes. Just remember that birds just don’t fly they fall down and get up.
eBay is one of the biggest online marketplaces in the world with over 177 million active users according to www.statista.com. If you want to start making yourself some extra cash or set up your own small business, here’s my guide to help you achieve that goal.
Before we get started you will need to set up your account. It’s fairly easy to do. Just follow these steps:
Go to the eBay and click the tab marked “Register” at the top of your screen.
Enter your information to set up your account.
Select a payment method for paying your seller fees. To keep your account information safe, I personally recommend PayPal. PayPal — Though there is a small charge for using PayPal, currently it is 2.9% plus a 30 cent transaction fee. But with PayPal accepting payments is easy while lowering the risk factor involved.
Select the payment methods you’ll take from buyers
Once all that’s done, you’re ready to start listing items and making some money!
List Your Item
Now that you’re a registered seller, it’s time to do some market research. Browse through the listings that are similar to the goods you are selling and compile a list of market averages for each one. This will give you a good idea of how much you should list your item.
Creating Your Listing
The first thing you’ll need to do is go to eBay, login, and click the “Sell” icon in the top left-hand corner. Next, Enter the title of the product you’re selling, be specific. Because it’s not enough to just describe your product (which you should also do), you need to sell the reader on why your product is perfect for them. Remember there may be hundreds more out there just like yours, what will make yours special?
Once you’re happy with your product, click “Sell it”.
I personally always offer free shipping and factor the shipping cost into the product. It’s a marketing technique, people are more inclined to view your posting over another posting in where there is a shipping charge.
Ship the Item
Before you send your item, ensure that the buyer has actually paid for it. You’ll get an email from eBay notifying you when the buyer has paid for the item that you are selling. Login to your seller’s account and you will see the buyer’s information and where it needs to be shipped.
Firstly, package your item according to our packaging guidelines. Fragile items will need to be packed slightly differently than others.
Select the service that’s appropriate for the item you’re sending and matches the conditions outlined in your listing (delivery speed, method, or cost, for example).
Book and pay for the delivery.
I highly recommend inserting the tracking number. That will resolve issues if the package is lost by the courier service. If you do not include a tracking number and the package is lost or stolen you would then be responsible.