How to Make Money Online on eBay

10 Ways To Make A Lot Of Money With eBay:
If you are interested in making money online and are not sure where to start,eBay is probably the easiest place to begin. If you are new to eBay, you must first register for a free eBay user account. This site is an auction format, sellers list items and buyers bid on them. There is also an option to "buy it now" and avoid the auction altogether. Each eBay item has its own auction; buyers can choose the price they are willing to pay by bidding on the item or "buy it now" for an amount that the seller has listed. This process is the equivalent of an online garage sale.
It is best to have a PayPal account, as it has become the standard payment option allowing customers to register a bank account, credit card or debit card against which they can charge their purchases. Some customers also keep funds in the PayPal account having funds ready for future purchases.
  1. Create an eBay store. An eBay store lets sellers display all the items they sell in one place, under one virtual roof. Some stores sell niche items and all their auctions are for very similar products. Other stores are more like general stores. If someone clicks on a particular auction item and likes what you are selling, they can access your store site from that auction and other items you are selling online, kind of like blogging and driving traffic.
  2. Helping other people sell their items. You may do this with one of the drop off franchise retail stores (AuctionDrip and iSoldit), or you may wish to do it as an independent consultant. The bottom line here is: learn and help others do it for a fee or percentage of what you sell for them on eBay.
  3. Buy an entire lot.There are many items being sold on eBay in bundles of 20 50, or 100. These are people who managed to buy a bulk of something at a discount price. Re-list and resell items individually. The profit from selling items individually will usually be higher than selling the items as a group.
  4. Buy items that have not included a photo. By not including a picture many buyers will simply ignore the product altogether. Photograph the item and re-list it. You stand to profit at least 20%.
  5. Teach others about eBay. There is an Education Specialist certification program available from eBay, where you would be responsible for offering others guidance.
  6. Find poorly listed items and mark them up. I personally have had some luck with buying products people have spelled incorrectly in their listing, and simply re-listing the item with the correct spelling.
  7. Reverse e-commerce and drop Shipping. Find a company that will supply and drop ship high quality products that you sell first then order from the supplier. These companies offer hundreds of products they can drop ship to eBay buyers. Most suppliers do not require payment of the wholesale cost of the item until a sale is made.
  8. Buy and re-list auction items that have a more desirable ending time. Some items may end at 2:30am and sell for less than they would if they had closed at 2:30pm. Watch auction closing prices and times to see if you can see a pattern. Buy items from auctions that end low un popular times and re-list them to close higher at busy times.
  9. If you have another business, advertise your service. If you have a service business such as permanent makeup artist, you may list a coupon on eBay. For example you could say. $50 off permanent tattoo by Skarlet, and let the bidding wars begin. Not only is the name of your business searchable on google while listed on eBay, but its a way of branding your business name to a large number of potential customers for FREE.
  10. People will pay more on eBay. I suppose its the feeling of competition, but people will pay more for items on eBay than they will in a store. I have seen it for myself when buying products that I know are $150 in the store brand new, and I see them on eBay for $170. This is very common with Apple products. Knowing that many will pay more for a product on eBay than they will retail, we can also assume that if we were to buy a desirable item, such as a Dooney and Bourke purse, for a decent price at an upscale resale store, that we can mark it up on eBay, and it really works!


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