Want to know how to make money on
ebay? It's very easy. Thousands of other people make
extra money online every day on ebay and you can too!
There are three things you need to
have in order to make money on ebay: an item to sell, an ebay
account and a Pay Pal account.
You DO NOT need to pay
anyone to help you sell on ebay, show you a secret system for
selling or give you a 'great deal' on products you can sell there.
The only money you should be paying out of your pocket
to start with is your listing fee to ebay which will be just a
dollar or two.
What to Sell on Ebay
If you are just starting out
I HIGHLY recommend just selling some things you have
at home to start. We all have things we want to get
rid of and that 'junk' can turn into cash when you sell it
on ebay.
If you are one of the only
people in the world that doesn't have anything to get rid
of, then go to your local thrift shop - they have lots of
used items there.
As you get more comfortable with the
selling process, you will want to narrow your sales focus down to
just a certain type of item. That way you will get familiar
with how much money you can make on ebay selling that type of item
so will know how much money you can pay to get the item.
I can't stress that last part enough
as that is THE SECRET to making
money consistently on ebay: when you only sell one type of item you get really good at
finding deals and making a profit on that type of item.
That is THE secret if you want
to make extra money online selling on ebay. Don't try to sell
everything. Instead, you want to become an expert at ONE type
of product.
How to Sell on Ebay
Here are the three basics steps to
take in order to make money on ebay. Again, the process is VERY easy.
1. Create an Ebay Seller's
Account - this is just like any other online account you have
ever created. You create a username, password, etc.
You will also need to give your
credit card information. This is so you can pay the fee they
charge to list your item for sale. They also take a percentage
of the final sale price (very small) but you don't pay that until
someone actually buys your product.
2. Create Your Ebay Listing
- in this step you enter information about the product you are
selling. The more detail you put in the better. Also,
pictures help a lot so if you can make sure to get a picture of your
product.
3. Ship Your Product -
when someone pays you for your product you ship it to them.
It's a good idea to send it the same way other sellers selling your
item are sending
their products (ex: by UPS, Fed Ex, Priority Mail, etc.) You want to
send out the product within ONE day of receiving payment for it.
Selling isn't hard at all and what's great is that ebay has a lot of
great tutorials that walk you step by step through it. Check
out their free
Getting Started Selling on Ebay
guide for more detailed information.
How to Accept
Money on Ebay
The most common way
to accept payment from your ebay buyers is through a Pay Pal
account. Pay Pal is owned by ebay and is the most common way
people transfer money over the internet.
Your ebay buyer can
pay your Pay Pal account with their credit card then Pay Pal will
send you the money.
You will want to get
a
Pay Pal Business Account. It lets you
accept credit cards from your ebay buyers. It is FREE.
Pay Pal makes their money by taking a small percentage (2-3%) of the
total sales price.