How To Make Money On Ebay

Its fairly easy to start making money with eBay

. Once you set up a free account, you can see other auctions to get an idea how everything works. However, you wont learn just buy watching. If you got any personal stuff that you no longer need, then sell it on eBay and see how everything works. If you are going to start buying stock to resell, selling your stuff will give you the experience you need to start for real.

You should focus on one market area so that you become known for the products you sell. There are plenty profitable areas like toys, cell phones or electronics in general. You pick, there are tens of categories you can choose from.

Lets suppose you want to sell video games. There are thousands of games that you can choose, but if you buy the wrong ones you can loose a lot of money. Search for those who sell best and are more profitable for you.

Now you need to get your stock. This is the main key and you have to do your own research. There are 2 main sources of stock: wholesalers and drop shippers. Each as their pros and cons, its up to you which one you like the most.

Drop shippers hold all the stock for you, so you only pay for a product once you have receive the payment from a costumer. Usually you have to pay a fee to join. If you choose wholesalers you need room to buy the stock and money for it. Requires a up front investment with more risks. However if you study your market you will know what to buy, so this risk will be kept to a minimum.

One tip that can help you to find a supplier is to look at the packaging of the product you interested in selling. Sometimes the supplier is revealed here. Also you can search on google for wholesalers companies and find some good ones.

Building your feedback will allow you the increase your score and reputation with eBay costumers. Its a very important factor to get potential costumers.

Many sellers have their own shop on eBay. If you are just starting, dont bother with this yet. If you build your own, it would look kind empty. First take the time to find good and profitable items to sell, then you can create your own shop.

Last thing i want to talk about is the price range of the products you are selling. We all know that if you sell 15 products with a price range $10 - $20 you will get less profit than if you sell 15 products with a price range $100 - $200. So, try to find products with a considerable high price range, so that you can have higher profit. But attention, if you are thinking in selling $1k products, think carefully. Its truth that you can make great profit, but those products are also a lot harder to sell. Take that in consideration before choosing a product.

Above all, take in consideration that it will take some time and effort to build a consistent business.

by: Fabio Jesus

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