Selling on eBay is gives you an opportunity to start a home based business. Many people have already started a home based business selling on eBay and many more will do same. Virtually anyone can do it.
This guide will walk you through basics of starting a home based business selling on eBay.
What you need to Start a Home Based Business Selling on eBay You will need a computer, an internet connection, an eBay account which you can get free at eBay website. You also need to be familiar with how to list items that are sold, and you will have to be able get products sold to person(s) who buys from you.
Getting Started Selling on eBay
Before selling on eBay as a business, you will have to familiarize yourself with eBay format if you have not already done so. Simply go to eBay.com browse through categories that you feel you will be selling in. It is also a good idea to register (for free at eBay.com) and buy a few items yourself to get a feel for process.
A few of questions you will want to answer are what are you going to going to sell, where you will get products from and at what cost, and who are your buyers going to be?
If you are serious about making serious about starting a profitable home based business selling on eBay, you are going to have to develop a marketing strategy.
The first important decision that you will have make is What to Sell."
What to Sell What can you sell on eBay? Pretty much anything. When you first start selling on eBay, items sold will most likely be things that are "lying around house unwanted."
It is almost always better to focus your time and energy on selling a few items or related items.
Where to find Products for Sale? A major part of success of your home based business will being able to reliably find products that you will be able to sell for a profit.
Personal items - Selling personal that you do not want is a great place to start.
Garage and yard sales - You can spend some of your time shopping at garage and yard sales looking for items that you may be able to sell for a profit.
Estate sales - If you have a way of moving a lot of items that are being sold at estate sales, you can make a good profit by practically buying whole estates. However, if a professional is handling estate sale, you may not be able to buy items at a low enough cost to benefit you.
Established retailers - You may be able to buy overstock, discontinued, damaged, seasonal products that were not sold from retail stores at a discount.
Buying from wholesalers - If you are careful in who you choose to buy from, what to buy, and all of costs associated with buying wholesale, this can be a good way to have a steady stream of products to sell. The most important decision may be who you choose as your wholesaler.
Finding a Niche Market Once you have an idea of what you want will be selling on eBay, you need to focus your efforts more and find one or more niche markets. If you sell books for example, you can consider selling mainly college textbooks. This will allow you to better know items that you will selling and more importantly your target customers and categories which they buy from on eBay.