eBay came into existence on September 3rd, 1995. Since that time, it has become a household name and currently has 183 million users worldwide.
People sell on eBay because it has a low barrier of entry. Plus, you can get your eBay store up and running in a matter of minutes. Buyers also consider using such online marketplaces as they offer them an excellent and convenient shopping experience. Furthermore, the auction listing style is perhaps the most innovative way to sell your items. Such a thing provides eBay with an upper hand over other online selling and buying platforms.
No wonder you're searching for a guide on how to sell items on eBay and make some real cash. After all, eBay is one of the giants of the online marketplace space. With more than a million active buyers and around two billion daily transactions, it is one of the best online selling platforms to make money. So, whether you're looking to start a side business, resell stuff for additional cash, or establish a scalable firm. eBay may be the perfect option for you because it caters to a variety of entrepreneurs. So, whether you're a serious entrepreneur or a casual seller trying to make a quick buck, the techniques outlined below will assist you in selling on eBay and earning real money!
Decide what you want to sell:
Some people are nurturing a small business to make a few hundred dollars on eBay. Others are operating from home to sell their old junk. Finally, a few large-scale enterprises are operating on eBay while working from a warehouse. For instance, the aftermarket auto parts industry has a significant presence on eBay.
The first step you would want to take is to look for items inside your home that you think will sell instantly. Items that sell like hotcakes on eBay include fitness equipment, toys, collectibles, clothes, auto parts, cosmetics, baby items, etc. Antiques, used products, or new things- you will always find someone willing to buy your items if you offer them the right price, of course! So, suppose you want to take the plunge and dive into the eBay marketplace head-on. In that case, all it takes is to open your browser and start your research! Rest assured, selling on ebay is not that difficult.
Register for an account:
After deciding what you want to sell, the next step is to create an eBay account. Luckily, the process is straightforward and only requires a few minutes of your time. All you have to do is head over to eBay.com, click on 'create an account.' Next, you'll have to provide your name, email address and set a password.
If you want to sell an item in large quantities, your best bet is to create an eBay business account. eBay will request your phone number and legal business name when you register for a business account.
Choose your subscription type:
Do you want to grow your online business on eBay? If so, eBay offers five subscription plans currently;
- Enterprise for 2999.95 dollars per month
- Anchor for 299.95 dollars per month
- A Premium for 59.9 dollars per month
- Basic for 21.95 dollars per month
- Starter for 4.95 dollars per month
You receive a host of business tools as you move above the subscription tiers. Moreover, eBay makes subscription recommendations based on the number of items you want to sell every month. For example, the basic subscription plan is best for businesses looking to list up to 100 items a month. In comparison, the Anchor subscription is suitable for companies willing to put up more than 100,000 listings per month.
Create your listing:
Learning how to create a listing on eBay is somewhat of a straightforward process. First, click 'Sell' at the top of the eBay page. Next, it will bring up a dialogue box asking you to type in a term related to the item you're selling, such as color, size, brand, or style. When you do this, multiple recommendations will come up, so choose one that matches the item you want to sell.
After that, click on 'Sell one like this' and specify your item's condition (pre-owned, new with defects, new without box, or new with box). Next, you'll have to provide your contact details, including your phone number and address. After re-checking your information, click on 'list your item,' and your listing will be live!
Provide product information:
When selecting your item type in the previous steps, you already entered item brand, condition, color. If possible, try to be more specific by entering other relevant details like measurement, gender, size, etc. Also, consider re-checking your listing's title. You would want to ensure that it's as accurate as possible to improve search engine results.
Furthermore, after doing this, you would now want to provide a detailed description of your item. However, this section does not let you choose from a drop-down menu. Instead, you'll have to enter free-form content inside a text box to describe your merchandise. For instance, if you're selling a fitness DVD. Enter content such as 'Get your dream physique today,' experience long-lasting energy,' 're-energize your heart while working out with your family,' and so on.
eBay lets you add a maximum of 12 photos along with your listing, free of charge. That said, you should go the extra mile and spend a few bucks and remove that limit to add as many high-quality product photos as possible. Quality is the name of the name here. Try to showcase your item. Also, take shots from different angles to show your item in all its dimensions. Moreover, be mindful of some restriction such as;
- Avoid using stock photos
- Don't include text in your photos
- Cut out borders
- Use an uncluttered background
Set a price for your listing:
Consider setting a price based on what other sellers are charging for an item similar to yours. If you need to, you can manually adjust your cost as well. Also, you have an option to either create a 'buy now' listing or an 'Auction.' eBay, on the other hand, is well-known for its auction-style postings. Buyers place a bid on a specific product. After a set time of typically seven days, the person with the highest bid pays for the product.
However, some sellers don't want to wait that long. It is why the 'Buy Now' listings have slowly gained popularity in the eBay marketplace. People can bypass the bidding process by clicking on the 'Buy Now' option on a listing page.
Suppose you think that eBay is too old school, especially with other online marketplaces like Amazon picking up popularity day by day. In that case, this guide will surely provide you with an eye-opener. That said if you want to succeed as an eBay seller and make some real money, ensure that you follow the steps mentioned in this article devotedly. Then, with enough grit, determination, and patience, you'll be able to build an eBay-based online store that will supplement or replace your income entirely!