This week I’ve made it a goal to sell stuff around the house that I don’t use. I have an X-Box 360 that’s been sitting in a box for over 2 years along with 4 controllers and a bunch of video games.
I also have boxes of books I haven’t opened in a while.
All that makes today’s article fitting since I’m talking to you about how to sell stuff on eBay.
Alright, before I jump into that, yesterday I introduced you to Affiliate Marketing. Please click here if you missed it so you can catch up!
Look, I know you might already have a business or have aspirations to sell your own product. But Affiliate Marketing saves you the time and money it takes to get your own product and service to market…
Why not earn while you learn?
Or bare minimum, earn while you get your own stuff ready for market?
That said, if you make your own arts and crafts or have stuff around the house you want to sell like I do, then you’re really going to enjoy today’s article.
Since the arrival of online shopping centers, people have grown accustomed to buying what they need online.
Whether you want to order custom-made cakes for special occasions, buy home décor or looking for the perfect gifts for loved ones…
… online shopping centers such as eBay and Amazon.com can be your virtual shopping mall.
If you’re looking for the best way to unload your unused pieces of furniture and other personal belongings cluttering up your home, eBay can be your perfect answer.
What’s more, you can buy and sell goods from other countries such as clothes, jewelry and new electronic devices, all on eBay.
Take the Guesswork Out of Selling Items On eBay
You need to understand how this system works so you know the best ways to set up your account and start buying and selling items on eBay:
• The first thing you need to do is create your own eBay account. Submit the required personal information such as your contact information, the name of the business, and payment options.
• Be ready to answer all inquiries from potential customers. You have to regularly check your eBay account to respond to questions.
If you have a fast response rate, it’s more likely you’ll encourage lots of visitors to check out your listings since they’re interested in what you’re selling.
NOTE: It helps your sales if you include plenty of product, shipping and policy-related questions and answers so potential customers don’t feel the need to contact you directly because they won’t.
This way, they have all the information they need to make a buying a decision quickly.
Again, take time to list all product-specific and pertinent information that’s needed for your potential customers to make a buying decision such as manufacture date, expiration date (if applicable) and locations products were made.
• Be familiar with eBay’s different policies for selling personal and commercial items online so you don’t inadvertently break any laws.
• If you plan to sell items that belong in separate categories, you should create your own listings. You also need to determine the pricing of your items.
You can sell via auctions where potential buyers can bid on specific items they want.
Plus, you can try more traditional ways of selling by assigning a set price to each item.
• You can sell the same products but in different colors or sizes within the same category. eBay also has their own listings for your items and categories.
• You need to monitor your listings. Regularly check your account to track views, submitted orders or inquiries.
• Lastly, be sure to close the deal with your buyers quickly. It’s worth repeating, provide potential customers with all the details they need, specifically, the modes of payment and the turnaround time for delivery.
What should you keep in mind when selling on eBay?
Before you start selling your products on eBay, watch out for scams and be extra cautious. This will help you avoid making bad business decisions.
Here are 5 tips to help you sell successfully on eBay:
Tip 1. Research is the key to a successful eBay business.
It’s natural that you’ll find similar products posted so check out your competition. Competition is an indicator that your products are popular with buyers and auctioneers. This will also help you determine whether to continue selling these products or sell something different.
Tip 2. Take pictures and post. Pictures will help you sell your products. Just like when you order at a restaurant, pictures of the food will entice you to order. If the food doesn’t look appetizing, there’s no way you’ll order it.
The same applies to sell on eBay.
Potential buyers will first see photos of products before deciding if the items are worth buying. That’s why it’s critical to post photos that’ll attract more buyers.
Tip 3. Provide multiple payment options. Buyers will look for better, easier payment options when purchasing products online. So aside from money-grams, transfers, direct deposits, and online payment websites, be sure that you accept payments made through credit and debit cards.
Tip 4. Be professional when dealing with clients. Keep your mind focused on nurturing loyal customers with professional and honest customer service.
Make sure every detail posted about your product is true and do not overcharge your clients. Respond to your client’s inquiries and feedback as quickly as possible.
NOTE: It can be tough sometimes but hone your ability to accept feedback, both positive and negative.
Tip 5. Convince more buyers to visit your page and purchase each item with creative, yet accurately descriptive, articles or posts.
The Pros of Selling on eBay
For starters, it’s a virtual mall accessible to anybody with an Internet connection so your products can be easily viewed and purchased by droves of potential customers.
You do not need highly developed technical skills to start an account on eBay or any other online shopping center.
If you have a steady Internet connection, a little knowledge about navigating through eBay, you’re in business.
The Downsides of Selling on eBay:
There are fees that are charged for advertising and selling. This can affect the amount of money that you’ll earn.
Also, there’s no guarantee that you’ll make fast or consistent cash so this model isn’t the most scalable for growth.
It definitely helps if you’re already established or have received a lot of positive reviews about the products you’re selling.
To recap, I covered “Selling On eBay” including how eBay works, tips, the pros, and cons.
I hope this information served you in evaluating the Internet Marketing model that works best for you.
Stay tuned because I’m merely scratching the service on all the opportunities that exist in creating the income of your dreams online.
Tomorrow I’m going to cover one of my favorite Internet Marketing models…
… Info-Product Creation!