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2006-07-27 09:14:38 · 5 answers · asked by Anonymous in Business & Finance Small Business

5 answers

very easy. make sure you have a paypal account so that ebay can take more of your money after you have sold the item. seriously though, paypal is the preferred method of payment.

2006-07-27 09:18:05 · answer #1 · answered by Queen of the Dachshunds 5 · 1 1

It is easy to start a business selling on eBay. But whether you can find buyers for your items is a different story altogether

I suggest you start by reviewing the how-to guide of Ebay for sellers
http://pages.ebay.com/help/sell/sell-ov.html

Selling on eBay is not as easy as some portray. In fact, go to eBay and check out the number of auctions that end without a single bid. You will find a LOT of listings that end with no bids. Competition is getting tough, as more sellers go to eBay; even the big boys are joining in the eBay marketplace. Add to that the increasing listing and final value fees.

If you want to earn serious money from eBay, you need to have a well-thought out business model. Buying from garage sales and selling on eBay is fun, and good getting a few dollars here and there from ebay. Sometimes, you luck out on an item and hit big, but many times it will just be so-so (assuming you can even get the price you paid for it). In terms of fun factor, it is great. But from a business stand-point, it is not sustainable.

eBay has several ways for you to determine exactly what the hot items to sell on their marketplace:

Items In Demand = the most popular items currently within that particular category. To see the In Demand page, go to http://pages.ebay.com/sellercentral/sellbycategory.html

Hot Items by Category Report = a monthly report that lists the fastest growing categories on eBay for the previous month. Go to http://pages.ebay.com/sellercentral/whatshot.html and select "Hot Items by Category" from the menu on the left.

eBay Pulse = "a daily snapshot of current trends, hot picks, and cool stuff on eBay". Go to http://pulse.ebay.com/ to see eBay Pulse in action.

Merchandising Calendar = eBay promotes specific categories on its home page each month. Savvy eBayers know that this home page exposure results in more interest in such categories. Go to http://pages.ebay.com/sellercentral/calendar.html to view the current Merchandising Calendar.

One success model of ebay is the couple Jay and Marie Senese (username jayandmarie) of the 1-cent CD fame. They have the highest positive feedback number of all sellers on eBay. Their business model is to buy very low cost CDs in bulk (those that CD stores sell in their discount bins) and offer them on ebay at a starting price of 1 cent http://www.businessweek.com/magazine/content/04_23/b3886080.htm Their success is based on the fact that they stumbled on a sustainable business model with products that people really want. They sold their business -- where else but on ebay -- for $5 million! Now that is success.

As for items to sell, you can:

1. Buy bulk liquidation items such as those at Liquidation.com. The capitalization may be big, but the idea is to sell the items individually and profit from it.

2. Find manufacturers of items you want to sell and buy discounted items from them

3. Make deals with retailers in your area, and offer to buy their unwanted items for deep discounts. jayandmarie - the most successful ebay sellers - made deals with music stores where they will buy the entire inventory in the discounted bins, and then sold the items on ebay for 1-cent starting bid.

4. Look for possible partners on the Web, preferably outside of the US. Import items from them and sell them on ebay. There's huge profits to gain from this approach.

5. Check deals in the outlet stores

2006-07-27 09:29:17 · answer #2 · answered by imisidro 7 · 0 0

yeah, it normally is, but you have to watch out for fraudulent buyers and sellers

2006-07-27 09:19:05 · answer #3 · answered by Calvin 1 · 0 0

if you offering high demand items

2006-07-27 09:17:58 · answer #4 · answered by raysmaid1 2 · 0 0

it must be everyone does it
try it and see

2006-07-27 09:17:45 · answer #5 · answered by lidipiwi 4 · 0 0

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