Lucrative Ebaying In The UK – A CD Course That Spells It Out
First steps in developing an eBay business are succinctly described below by smitty4321, first published on ehow.com. Once you have mastered the basics and are ready to build a real business, take a look at the “ebay business in a box” opportunity at http://ebaybusinessinabox.info
How to get started on Ebay
Ebay is such a popular and powerful tool to not only get the ‘stuff’ you need, but to sell items and earn some extra money. People can be intimidated by Ebay by everything from getting ripped off to not knowing how to bid, and so forth. Hopefully, this will clear a little of this up.
Step 1 The first thing you should to is go to Ebay at www.ebay.com. Next, you will need to register, so click on either buy an item or sell an item and follow the prompts to sign up.
Step 2. Once you do that, you can begin buying or selling. Ebay has a very user friendly tool for getting started on either buying or selling. But before this, you will need a way to pay for items and/or get paid for stuff you sell. It is highly recommended you get a PayPal account. PayPal acts as a third party money exchanger, serving as a common point for buyers and sellers to exchange money securely and with some accountability. Just go to PayPal.com and sign up. You can link a credit card or bank account to your paypal account as your source of funds. It is very easy.
Step 3 Lets talk about buying items. Ebay’s search component is very comprehensive, and it will look for whatever you ask it to. The problem is, unless the seller used the exact same words to describe the item that you are looking for, you won’t find it. For example, lets say you are looking for the Star Wars Episode 1 DVD. If you search for “Star Wars DVD” and the seller with the DVD listed it as “SW: Episode 1” you will not find what you are looking for. So try different combinations.
Also, if you are not sure how much to pay for something, you can click “Advanced Search” and look for items that have already sold. That way, you can see what the market is on what you are looking for and not get ripped off by a seller who is trying to take advantage.
Finally, if are bidding on an item, pay close attention to the last half hour of the auction. Pull up the auction listing and hit the “refresh” button on your browser frequently. This will update the time left on the auction. With high speed internet, you can literally get a high bid in on an auction with only ten seconds left if you time it correctly. So if it is something you want…be vigilant!
Step 4 – Selling is an art in and of itself. Big rule – put a picture of the item you are selling. And not an internet stock photo, but take a picture of the actual item. People want to see what they are buying, not what the item SHOULD look like.
Second, find the actual shipping cost and be honest. Many sellers today are listing their items for reasonable prices, but then gouge you on shipping. Buyers will notice reasonable shipping and gravitate toward it.
Describe your item well. Is it new? Is it still in the box? Do you have the original box? Is it from a smoking home? That sort of stuff.
Try and work your auction out to end on a weekend. Simply, more people are off on weekends and will fight a little harder for your auction.
Lastly, if you avoid putting a reserve price (a minimum price that you will sell for) you will attract more bidders. It is a little more risky for you as the seller, but buyers can be put off by trying to bid up and up just to meet the reserve price.
Tips & Warnings
Whether you are a buyer or a seller, try to complete your end of the auction within three days of the auction completion. It shows integrity on your part..Always check someones feedback rating before you buy something from them. If it is below 85% – pass on the item..Don’t settle for a feedback rating of less than 100%. Great integrity means more sales..Internation auctions can be tricky. As a starter, limit yourself to the continental US..Once you register with Ebay, watch out for spam e-mails. If you ever get an e-mail from someone claiming to be Ebay, forward the e-mail to spoof@ebay.com and they will tell you if it is real or not.
The above steps will put you ahead of 90% of ebay buyers and sellers, who don’t put this amount of thought into their activities. Now, if you’re ready to turbocharge your income from Ebay, take a look at the “Ebay Business In A Box” opportunity at http://ebaybusinessinabox.info
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