The Ebay explosion has hit astronomical proportions. Over 11 million people did a search for Ebay last month alone on
internet. From all walks of life, everyone is drawn to Ebay.Some people use Ebay as a hobby to make extra cash. Some people have quit their jobs and are making their living off Ebay. On a monthly basis,
phenomenon of Ebay continues to expand and grow.
Naturally,
best advice is to start selling part time on Ebay so that you can learn
tricks and secrets. It will take some time to learn
inside secrets that
top sellers know. It can be a great way to make extra cash. Ebay will take some work and is not a get rich quick scheme. However, if you take your time and do research, you could make extra income for yourself and your family. After you start to make money on a consistent basis, you might consider doing Ebay as your full time job.
For your Ebay business, all you need is internet access and a product to sell. Don’t worry! If you don’t have a product, there are plenty of companies where you can purchase items to sell. SMC (Specialty Merchandise Corp) is one company where you can purchase items at reasonable below cost prices.
SMC can be found at: http://www.smcorp.com
Many people start off selling old or odd items from their homes. Others are going to garage sales and picking up great deals and then selling these products on Ebay. You can find almost anything on Ebay. You are only restricted by your own imagination.
Here is a little tip: Other’s people junk can be your gold mine! That old Barbie doll up in
attic or in
basement could be a gold mine and bring in a huge profit. For example, it is reported that
Collectibles Category is
top selling category on Ebay. An old barbie doll, old red wagon, and old clock are only a few examples of items in
Collectibles Category.
TOP 10 SECRETS FOR SELLING ON EBAY
1. Do your research!
Make sure there is a need for
item that you are selling. Do a search for your item and see how many items are found for your keyword search. Examine each auction and see
bid amount and number of bids. Follow a number of auctions for several days and see what
final bid is. This will give you an excellent idea if there is a need for your item. It will also help you estimate
amount of profit you can make from
auction. If you don’t find your item, it might not be worth your time listing that item. Try to find an item that people truly want. After you start making money with Ebay, you can always go back and list that original product.
2. Find
right Category for your item!
If you are selling a collectible, please make sure that you list it in
collectible category. If you are listing a toy or hobby, please make sure that you list it in
Toy and Hobbies Category. This could make it easier for people to find your item. Do your homework? Search for your item and see what categories other sellers listed
same item in.
3. Keywords and descriptions are critical!
Use
appropriate keywords to describe your product. If you are selling a Barbie Doll, specify
type of doll it is: 1980 Holiday Barbie Doll. If you are selling a model train, specify
type: HO Santa Fe Caboose. Your descriptions are critical to avoid any future problems or potential returns. Honesty is
best policy. If there is a chip, crack or dent, specify this in
description. This could save you a lot of aggravation later on. If a buyer truly wants your item, a crack or chip won’t stop them from bidding on your item. 4. Always post a photo with your auction!