subject: Tips for being a successful seller on eBay [print this page] Tips for being a successful seller on eBay
eBay has more than one million visitors each day and you should know that a large percentage of these visitors come to shop on eBay rather than to sell. Even though there are other sites you can buy or sell online, if you want to sell your product online fast and at a good price, eBay is the place for you. Below you will find some tips that can help you to start that money making journey with selling on eBay.
Learn the basics.
The market on eBay is truly global because there are sellers and buyers from all countries. You'll need to get familiar with the site in terms of, putting items on sale, applying different methods of sale, delivery and payment methods. In familiarizing yourself with these mandatory procedures you'll realize the differences and see which options are best suited for products that you intend to sell.
Usually, the site will retain a commission between 6-20% of final sale value for any product you sell. So you should read through the terms on conditions for the site before you begin.
For beginners, it is easier to sell new goods, that is to say "un-used" items; they are more easily evaluated and listed on the site. It is also advisable to find a specialized item; these are items that are not so popularly found on the site, or are not being sold by a great number of other sellers.
Only sell high demand products.
You could search on Google for "eBay hot items". Or you could go through the recently sold items to see what it is that people are bidding on and how much they are willing to bid for these items. Even if you do decide to sell used items, its best to go for things that the market is already looking for, but ones that not many people can provide.
Find the returned products and sell them on eBay.
You can obtain lower prices on some products by approaching traders and try to buy products that were returned because they have scratch, or the colour was wrong or some other reason. These are generally known as open box items and will often be sold for less than the regular price.
Feedback
Building a customer database is not very easy and it takes some time, but the thing you must avoid most is negative feedback. So, try not to promise too many things. People will be nicely surprised to see that you provide quality service and that they have a person that is fair with them, especially if they don't have very high expectations from you. So, do an accurate description of your products, even if they have defects. People will appreciate the fact that you are an honest person.