Start Ebay Business

Tips for getting started

As ebay sells everything, it’s easy to start ebay business selling all the things that you no longer need or want. However to ensure you are starting your business successfully its best to actually plan further ahead then that. Here are some helpful tips to get you started.

Sell a product you know.

As with any business it is best to start ebay business selling something you are interested in. I have found that if you sell things you are not interested in; you get very bored and don't have fun with it.

By this I mean follow a theme, while its possible to make money selling anything if your business is focused around a central theme it’s easier to create a reputation and bring customers back to you.

Start Ebay business Tip: If you don't know your product, you cannot accurately answer all the questions you will get from potential ebay buyers. A poorly answered question will not get you another bid..

When my son was born we decided to use real nappies, and in order to get them cheaper we brought them in bulk and then started selling of the excess on ebay.

It was not a spur of the moment thing but something we researched first. While looking for real nappies on ebay we saw that even used ones where selling well. We found a few suppliers and got samples so that we could check the quality.

As our son grew we brought designer clothes for him and as he grew out of them resold them on ebay often for more then what we brought them for.

We started building a business round baby clothing as this fit in nicely with what we were in to at the time.

Signing up to start ebay business

To sign up for ebay, click on the link to the right. The link will take you directly to the ebay registration page.

All you need to do is enter your name and contact information and select a user ID. The whole process will only take a few minutes. Select a user ID that fits in with your theme; use our business name ideas page to help you.

If you have never used ebay before its best to start your ebay business career by buying as you cannot effectively sell unless you understand the buying process. Doing this will also build up experience some people will not buy/sell to people unless they have above a certain number of activities

When creating your listing keep it simple.Your listings should say the item, a small description that is accurate, in short detail, shipping terms, and a thank you. You do need to put in enough information remember that people are buying from a picture, so nice informative descriptions are a most.

Pricing on Ebay

Never assume that there would be a huge bidding war on an item, ask what you’re willing to sell it for. You can research how much things are selling for by looking at other sellers listings.

It is not good to list your item cheaply to save in fees, and then mark up high shipping. It is discouraged now by Ebay, and you are marked down for it because legitimate shipping charges are high enough, so the thing to do is make enough money on the product that you can afford the fees

Learn your Market. It changes a lot, so always test the waters on things. Don't buy 4 dozen on a maybe. Buy 2 or 3 single items; first see if it sells, then you can buy more. Things are cheaper in bulk, but not if they don't sell.

Start Ebay business Tip: Use ebay as your buying guide. If you find something you think will sell on ebay, search the completed items listings to see what like items have been selling for. Don't pay more than 65 percent of what the ebay completed sales history tells you...

Timing

To ensure you start ebay business on the right footing ensuring your auction ends when your main audience is there to bid is key. Watch when other auctions end, and see if they have bids on the items, listing out of the majority time for your shopping audience, could end you not selling an item.

Start Ebay business Tip: A good starting point is listing on a Thursday for 10-day auctions. That means the auction ends on a Sunday, when people are home. 10 day auctions also give you the maximum exposure. If your item is seasonal, list it ahead of time. ...

After the sale

Customer service is the key to start ebay business successfully , Respond quickly to questions and when sending an item ensure it is wrapped well and presented in a suitable way. Doing that little bit extra goes a long way to ensure that you have a repeat customer. Putting in a thank you card also will add that personal touch.

Start Ebay business Tip: Always Ship paid orders the same day every time. Buyers like fast shipping. ...

When shipping use Insurance or Delivery Confirmation on everything. If anyone claims they did not get it, you have proof you sent it.

Remember to leave Feedback, but think carefully about how you word things even if someone has messed you around if you leave a nasty feedback it could but customers off. Don’t let people get to you be fair and honest but don’t go to town.

After you have sold something on ebay, you will need to get paid. There are the usual forms of payment: money order, cashier's check, personal check and cash. However, if the buyer wants to pay using a credit card, you are stuck unless you already have a merchant account with your bank.

This is where PayPal comes in. It provides merchant services so you can accept Visa, Master Card, American Express, and Discover cards. PayPal is the most widely used payment method on ebay. It also happens to be the only payment service on ebay. This isn't surprising, considering PayPal is owned by ebay.

In addition to merchant services, PayPal offers fraud protection, foreign currency conversion, and automated end of auction email notification to the winning bidder, printing of shipping labels and packing slips, and package tracking. The shipping integration is a very valuable feature all by itself as it greatly simplifies the work you need to do to ship your items.

All these services come with a cost. There is a transaction fee for every payment that you receive. The transaction amount includes the shipping charges paid by the buyer. Be sure to take this into account when calculating how much to charge for shipping. Relative to other merchant accounts, Paypal is a great deal.