Before you begin you’ll need some basic equipment: Computer,Internet access, digital camera, and some space to put yourstuff. That’s really all you’ll need to get started. You’ll alsoneed shipping and packing supplies but that is addressed later.
Next you’ll need to learn how to list auctions. Go to the eBaysellers overview. Thiswill be your lifeline. There is a plethora of information thereon everything you always wanted to know and more. Don’t beoverwhelmed; just take it one step at a time. You’ll see thereis information on listings, on bidding, on photos, on feedback -it’s all there.
Next you’ll need to figure out what to sell. Before you zero inon a particular niche you need some experience and somefeedback. Buyers are generally leery of buying from someone whois brand new and has a feedback rating of less than 10evaluations. While you are getting your feet wet, look aroundyour own house first. You’d be amazed at what people buy. Youcould list outgrown clothing, magazines, candle holders, CD,books, flannel sheets, recipes, the ugly old lamp that was AuntMildred’s, all those goofy Christmas gifts sitting in yourbasement, that old baby gate with a stain on it. Get the idea?You never know what someone will want.
Although you need experience, you don’t want to list somethingthat isn’t likely to sell. Do your research first before youinvest the time in putting together a listing. An easy method touse is do a “search” on eBay, then look up COMPLETED ITEMS, thensort by HIGHEST price. Then you’ll see if your Tommy Bahamashirt is really worth anything. Or you’ll see that your oldbaseball cards had 23 listings and not one of them sold.
Pricing is another challenge. Again, you’ll need to do yourresearch. See what they’re going for. Don’t have overly highexpectations. You know how you feel when you go to a garage saleand you see a pair of jeans for $15 or books for $4 each. Manypeople come to eBay to look for a bargain. Consider how much youhave into the item. If you have an item from around the house,you may consider that something is better than nothing, so youmay be inclined to start the bidding quite low. If you bought itwith the specific intention to resell, you will, at the veryminimum, want to break even, so take the price you paid for itand consider other costs, i.e. listing fees, final value fees(all explained in your lifeline - eBay seller overview above).People are much more apt to bid if the bidding starts LOW.Sometimes though, you will have collectibles that are worth achunk of money. Don’t give away that vintage postcard that isworth $56! Do your homework.
The next big question is how do you get paid? You determine whatyou would accept. Online payments such as PayPal (paypal.com)are very convenient. You can also decide that you’ll acceptmoney orders or personal checks. The more options you leave yourbuyers, the more likelihood you’ll get more bids.
You also need to decide how you want to ship your items to thewinners. Many sellers use USPS, others prefer UPS. If you useUSPS and ship via Priority Mail, you can get your envelopes andboxes free from USPS. If you ship First Class or Parcel Post orUPS, you’ll have to shop around for deals on boxes or envelopesand bubble wrap or packing peanuts.
Overwhelmed yet? Yes there is a lot to learn, but it’s notnuclear science. Just take it one step at a time. It’s alearning process. Some yahoo groups (or MSN or AOL, or whateveryour preference) are great sources for support and camaraderiewith others who are doing the same.
So in summary, if you want to just “start pushing buttons” andlearn to make money on eBay on your own, YOU CAN DO IT. If youdo better chatting with others, those resources are availabletoo. Use what is available.
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