Today I have a guest blogger, the eBay Selling Coach, Suzanne Wells. I have asked Suzanne to share some insights about selling and making money with eBay.
As an eBay Consultant, one question I get from a lot of people is, "How do I even start on eBay?"
First of all, start small. Set up an eBay account and buy a few things to learn the process and get a feel for how eBay works. eBay and working at home is not for everyone. And it is ok if it isn’t right for you. Sell some of your own things before you invest any money in other products to sell. Understand that eBay is more than taking pictures and working on the computer – you need to be familiar with how to edit photos, shipping, customer service, and Paypal. Take your time and learn about these things before you jump in and go for it full-time.
You can look for items to sell at thrift stores, garage sales, off-price stores like TJ Maxx and Ross, member’s clubs like Sam’s and Costco, salvage stores, flea markets, and consignment stores. To find out what an item sells for on eBay, do an advanced search for completed items matching the key words of your item. You will get a list of all the listings that have ended with those key words in the last 30 days. You can use that information to make educated decisions about pricing or if you even want to pursue selling a particular item.
Once you are comfortable with the whole process, don’t be afraid to take a risk every now and then. I am often asked, “But what if you buy an item and it doesn’t sell?” Well, that’s ok. You can always relist it. You can mark it down and sell it for what you paid for it and move on. You don’t want to buy a truckload of 1,000 items without having tested them out first, but you do want to experiment with different products – you may find something profitable to sell on a regular basis.
Make small investments and try new products to test them out and see what kind of results you’ll get. Don’t be afraid to experiment with new products and try new things. eBay is constantly evolving and no trend will last forever. Experience is the best teacher.
Read blogs, article sites, and eBooks on eBay selling. Be careful not to get duped into buying "Get Rich on eBay" kits. As a power seller with over 4 years experience, and 13,000 sales, I am here to tell you that you aren't going to get rich selling on eBay, very few actually do. I will tell you that eBay selling is fun, profitable, and a convenient way to make money from home. eBay is just like any other entrepreneurial adventure - it takes time, patience, dedication, and hard work.
Suzanne Wells is an eBay Power Seller, author of "The Stay-at-Home Mom's Guide to Successful eBay Selling," eBay Consultant, and mom of 2 in Atlanta, GA. You can visit her blog at http://www.ebaysellingcoach.blogspot.com/ for more eBay selling resources and tips, and join her free eBay discussion forum at http://ebaycoach.freeforums.org/