A Beginners, and VERY important, Guide to Selling on eBay
Updated: May 19, 2019
When you find a highly successful business, the primary mechanism to their success is massive sales. Whether you're selling cell phone, computer, shoes, clothing or just about anything else, other than real estate, it's important to remember that generating huge profits requires selling a lot of products.
For this reason, especially for a new business that are now establishing a web presence, we highly recommend selling on marketplaces such as eBay. eBay and Amazon expose your products to millions of shoppers without the need to think about marketing. Fees are high, usually around 7-13% when you add both eBay fees and payment processing (Paypal), but advertising is both expensive and time-consuming. So while you'll pay a bit more, in the beginning, you can save time and effort worrying about marketing and instead focusing on sourcing products and establishing processes to streamline your business.
Below is an old guide we've reviewed that every new seller should read. It's packed with fundamental strategies that should be practiced not just by new eBay sellers but experienced sellers as well.
These strategies will allow you to multiply while maintaining a good reputation that will drive more sales. This, along with a business management platform like 3web1, can really be an advantage over other sellers. Let us know what you think about the guide after you've read it and don't forget you can set up your eBay management tool in less than 5-minutes and try it for free. Plan start at just $7.99 monthly.
Table of Contents
Welcome to eBay and Tons of Income Opportunities! 5
What You Need to Know Before Getting Started 6
5 Easy Steps to Posting Your First eBay Auction 8
An eBay Seller's Checklist 9
What's Your eBay Reputation Worth? 10
10 Steps to Successful Selling on eBay 12
How to Think Like an eBay PowerSeller 14
Choosing the Right eBay Product Category 15
Tips on Writing Your eBay Title 17
eBay Description Writing Tips 18
10 Tips for Increasing Your eBay Response 19
The eBay Glossary 22
Welcome to eBay and Tons of Income Opportunities!
If you've ever read an article about eBay, you will have seen the kinds of incomes people make - it isn't unusual to hear of people making thousands of dollars per month on eBay.
Next time you're on eBay, take a look at how many PowerSellers there are: you'll find quite a few. Now consider that every single one of them must be making at least $1,000 per month, as that's eBay's requirement for becoming a PowerSeller.
• Silver PowerSellers make at least $3,000 each month,
• Gold PowerSellers make more than $10,000,
• Platinum Powersellers make more than $25,000, and
• Titanium PowerSellers make at least a whopping $150,000 in sales every month!
The fact that these people exist gives you some idea of the income possibilities here. Most of them never set out to even set up a business on eBay - they started selling a few things, and then kept going. There are plenty of people whose full-time job is selling items on eBay, and some of them have been doing it for years now.
Can you imagine that? Once they've bought the stock, everything else is pretty much pure profit for these people - they don't need to pay for any business premises, staff, or anything else. Multi-million dollars businesses are making less in actual profit than eBay PowerSellers do.
Even if you don't want to quit your job and go for it, you can still use eBay to make a significant second income. You can pack up orders during the week and take them down to the post office for delivery each Saturday. There are few other things you could be doing with your spare time that have anywhere near that earning potential.
What's more, eBay doesn't care who you are, where you live, or what you look like: some PowerSellers are very old, or very young. Some live out in the middle of nowhere where selling on eBay is one of the few alternatives to farming or being very poor. eBay tears down the barriers to earning that the real world always puts up. There's no job interview and no commuting involved - if you can post things, you can do it.
Put it this way: if you know where to get something reasonably cheaply that you could sell, then you can sell it on eBay - and since you can always get discounts for bulk at wholesale, that's not exactly difficult. Buy a job lot of something in- demand cheaply, sell it on eBay, and you're making money already, with no set- up costs.
If you want to dip your toe in the water before you commit to buying anything, then you can sell things that you've got lying around in the house. Search through that cupboard of stuff you never use, and you'll probably find you've got a few hundred dollars' worth of stuff lying around in there! This is the power of eBay: there is always someone who wants what you're selling, whatever it might be, and since they've come looking for you, you don't even need to do anything to get them to buy it.
So you want to get started on eBay? Well, that's great! There are only a few little things you need to learn to get started. Read on!
What You Need to Know Before Getting Started
So you've decided that you want to get started as a seller on eBay. There are a few t