Many people make a full-time living on eBay. This is not only
possible but it is also quite easy once you know what you are
doing. Some people just make a little extra money through eBay
auctions simply because it is fun - it becomes a hobby.
Whether you just want to sell some old items lying about your
house, or you want to build a business by becoming a
PowerSeller, there are five things you absolutely must do before
you can start selling on eBay.
1. You must Register. Begin by registering as a member of eBay.
This registration is free, and it will allow you to participate
in auctions - as a buyer. As soon as you have completed your
registration as a buyer, you can register as a seller simply by
logging into your eBay account and clicking on the 'Sell' tab at
the top of the page. The information that you will enter is very
basic information, but as a buyer, you will need to enter a
credit card number, or sign up for a paypal account.
2. Sign up with paypal.
Paypal has become one of the most popular payment gateways on
the Internet. This website allows people to transfer money from
their bank accounts or credit cards, and to transfer money from
one Paypal account to another. Signing up is quite easy, but you
will need to verify your account with a checking account, and
you can optionally add a credit card to the account. Paypal is
very secure. As long as you don't give your password out to
anyone, you shouldn't have any problems.
Paypal is not required to sign up with eBay, but it is highly
recommended. This will allow you to give your buyers more
payment options. Signing up with Paypal is free.
3. Find items to sell. You may already have items that you want
to sell.
For instance, if you have recently cleaned out your attic or
your garage, you probably have tons of stuff that you want to
get rid of. Some items won't sell well on eBay, while others
will sell like hot cakes! So a little research to see what sells
well before you set up any auctions.
You can also find items to auction by going to yard sales around
your area.
Many eBay PowerSellers sell brand new items through drop
shipping companies as well. It is all just a matter of
determining how you want to profit from eBay, and what items are
hot sellers.
4. Set up your auction. Once you are signed up, and you are
ready to set up your auction, eBay has a form for you to fill
out.
Here, you will determine how you are going to sell the product.
You can choose to sell a group of items, or just one item. You
will have a list of categories to choose from, and these
categories determine where your item is listed on eBay. Choosing
the proper category for your item is essential - this is how
people will find your auction.
You must choose a title for your auction. You want to use your
title to catch the buyer's eye. Coming up with a great title
isn't always easy, and it does require some thought. Look at
some past successful auctions to get some ideas. Make sure that
you follow eBay's guidelines for titles!
Make sure that you use the form to add as much information about
your item as possible.
The more information you can include, the more successful your
auction will be.
Look at the history of past auctions for items similar to yours.
This information will help you determine your title, your
description, and even your reserve price. The reserve price is
the absolute minimum bid amount that you are willing to accept.
You will be allowed to include pictures of your items, and it is
very important that you do so.
Make sure that the pictures are clear, and take several
different shots from different angles. Pictures will help make
your bid more successful. Many bidders won't even look at
auctions that do not include pictures.
You will also need to determine how long your auction will run.
Don't make the auction too short - give bidders time to find
your item and place their bids - but at the same time, don't
make it too long. Force bidders to act by getting their bids in
before the auction closes!
eBay has many upgrade options that will make your auction more
noticeable.
Depending on the reserve price of your item, it may be well
worth it to take advantage of these upgrades to get your auction
noticed more easily.
5. Communicate with your bidders.
Make sure that you monitor your auction, and keep the lines of
communication with your bidders open. Bidders will have
questions about the item you are selling. Make sure that you
respond to the questions and comments in a timely manner.
Think of yourself as a shop keeper, and reply to the bidders
just as you would to a customer who was standing in your shop!
CopyRight Ian D. Major 2005
About the author:
Ian D. Major makes it easy to understand and use eBay, quickly
and easily. Learn all you need to know by visiting
http://www.ebay-articles.com
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