As the largest marketplace that connects millions of people around the world, eBay is the place where you can make money. What do you need to sell on eBay? Don’t worry about the things you want to sell on eBay because you can sell many kinds of things here.
The Practical Tips for New eBay Sellers
What is eBay? eBay is one of the largest marketplace that connects millions of buyers and sellers around the world. It also can be a great way to make money. But what to sell on eBay to make money? You can sell many things on eBay as long as it’s not breaking the law.
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The first thing you need to do before you can sell on eBay is creating your eBay seller account then you need to fulfill all the requirements. Here are the requirements you need to fulfill.
- Provide the valid credit card, debit card or other bank account information. You can also use PayPal.
- Fill in the information on how you would like to pay your seller fees.
- Choose the payment methods that you will accept.
- Ensure your feedback profile is public
But before you decide to be the seller on eBay, you need to consider few things such as:
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- Decide If You Need a Personal or Business Account.
- Choose a Good eBay User Name.
- Set Up a PayPal Account.
- Know That Buyers Will See Your Return Address.
- Get Shipping Supplies Before You List.
- Consider If the products you want to sell.
- Remember that eBay gets paid, too.
How much does it cost to sell on eBay? The fee you need to pay will depend on the higher dollar amount of your minimum opening bid or your reserve price. If your Buy It Now price is $0.99 or higher, you pay eBay $0.50 per listing. How to sell on eBay for free then? If you start your auction at $0.99 and have no reserve, the listing fee is free for the first 100 items per month.
Are curious on how to sell on eBay for beginners? Here are the tips for you.
Related: Ebay Dropshipping Policy to Follow for Good Business
Learn to Price Items for the Most Profit
Before you decide what to sell on eBay and post anything about it on your account, you need to how much is the products you want to sell. The frequent mistakes that new sellers make is looking at retail value, active eBay listings, or going by what they paid for an item recently or any number of years ago.
You can find out what other customers search for and how much they pay for the items that look similar to your product. Look at the completed listings which show the historical sales data. This really works to see other sellers’ prices without asking for it.
Finding Things (Inventory) to Sell
You can sell many things on eBay. You can find the top selling products on eBay or any products that are on trend. You can use the eBay tool to see what buyers are searching for. Beside that, you can also find them in Google trends.You can use it to help gauge consumer demand and determine the best time to list and sell your product.
Since you are the new seller, you can try to sell the products for less than $50. Beside that, you can learn how to ship on eBay, answer customer inquiries, and navigate your seller dashboard, so it is best to work with low-dollar items at first. Don’t forget to choose items that are easy to ship. Avoid breakables, very large items, or items with multiple pieces.
Get the Right Supplies
Try to find the trusted and responsible supplier to help you supplies your product on eBay valet. You don’t have to find and sell expensive products on eBay because you can sell many things. Since you are a beginner, just find the products that suit your capital. After you find it out, don’t forget to do this things:
- Take a picture of the products by using white background.
- Scale the weigh items when listing and shipping the products.
- Shipping supplies.
Avoid Selling Problematic Items
To avoid getting scammed, you need to stay away from selling the high risk items. You need to protect yourself from the dishonest buyer and don’t ever fall for their scam. Here are the high risk product that you need to avoid such as:
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- iPhones and smartphones.
- Designer handbags.
- High-end designer clothing and shoes.
- Electronics.
- Anything with multiple parts or components that could be removed and the item returned.
- Autographed items without COA.
- Event tickets.
- High end cosmetics.
Offer a Fair Refund and Return Policy
The return policy has been set under the eBay guarantee. Like it or not, sellers have to offer this return policy because eBay wants the customer to feel safe when purchasing on the eBay site so they guarantee that if an item isn’t as described or doesn’t arrive, the customer will get a refund.
eBay rewards sellers who offer a 30-day or longer return policy by giving them a boost in search results. So if you have a 30-day return policy, you will automatically place higher in search than a seller who does not offer one.Buyers also look for sellers who offer a return policy as this builds trust.
But you don’t need to worry because most buyers failed to ship the item back as set in the return policy. You can also include this verbiage in your return policy:
Items must be returned in original condition, new in package if applicable.
This disclaimer keeps you from being scammed. If you receive your returned item in the same condition as you shipped it out, just go back to your Sold Items folder, hit re-list and your item will be up for sale again. Returns are a part of being a seller, so accept it and keep listing.
Conclusion
eBay is a great place to make some extra money. It is accessible to anyone, there are no barriers to entry, and eBay is a household word. Make sure you take the proper steps to educate yourself about eBay policies and rules before deciding to be an eBay seller.
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