Tips on Making Money on eBay, Not Losing It.
Are you interested in becoming an eBay seller or are you a relatively new eBay seller?
If so, you may still be learning the ins and outs of eBay. Selling on eBay is a great way to make money on the side or even enough to support yourself, but you have to be successful at what you do. Unfortunately, it can take time to fully learn the ins and outs of eBay, particularly how to become a profitable eBay seller, until now. Below some helpful tips are outlined; tips that you wonâ€™t necessarily find explained on eBay.
eBay sellers are all required to pay fees to list their items for sale on eBay. You are charged two separate fees, a listing fee or insertion fee and a final value fee. For the final value fee, you are charged a percentage of the price that your item sold for. The insertion fee or listing fee is figured out a little bit differently. Instead of being charged a percentage, you are charged a set amount. For instance, at the current moment, it costs .20 to list an item up to .99 cents and .40 to list an item for sale between $1.00 and $9.99, and the fee scale continues up in a similar fashion. Please remember that this is just a sample. eBay regularly changes their fees; therefore, you are urged not to rely on the aforementioned fee samples.
Although eBay sellers must pay the eBay fees mentioned above, many do not take the time to thoroughly understand those fees. You are advised against doing that, as it may end up costing you money. For instance, many of the price ranges for eBayâ€™s insertion fee scale ends at .99 cents. For you, this is a great opportunity to save money, but you must know how to do so. As stated above, if you list one of your items at $9.99, the sample insertion fee would be only .40 cents. Did you know that if you listed your item for $10.00, your insertion fee could jump up to around .60 cents! An extra .20 cents just for a penny is pretty expensive, especially if you list a number of eBay auctions that way. Before listing items for sale on eBay again, examine eBay insertion fee sale and see how you can easily save money, sometimes by just shaving a few cents off your asking price.
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It has often been said that to be a successful eBay seller, you need to have good product descriptions and clear digital pictures of the item or items that you are selling. Of course, having a number of pictures in your eBay listings is a great way to increase your chances of making a sale, but it can be expensive doing so. eBay allows sellers to post one picture for free. Additional pictures can be purchased for a small fee, but that small fee can add up overtime. For that reason, many eBay sellers limit the number of pictures they put in their auctions; however, you do not want to do this. Instead, you will want to examine photo sharing sites. Photo sharing websites, like PhotoBucket are a nice, fee way to add more pictures to your eBay auctions. Register with a photo sharing site, like PhotoBucket, follow the instructions and you should be saving money in no time at all.
The above mentioned ways are just a few of the many ways that you can save money on eBay, not lose it. In all honesty, you should do a little bit of research first. Using the internet is a great way to research selling on eBay, as many other eBay users will share their money making secrets with you, free of charge.
Itâ€™s an EBay sellerâ€™s most frequently asked question: What should I sell? If youâ€™ve got a hobby youâ€™re passionate about, this question is a no brainer. But if youâ€™re not sure which items to list, take a look at the characteristics of Ebayâ€™s best selling items: collectibles, limited lifetime goods, and seasonal items.
Limited lifetime goods are products that are meant to be used, not put on a shelf and saved. Because of rapid changes in technology or fashion, these items will probably become obsolete before they lose functionality. They wonâ€™t last forever, but they can be put to good use in the meantime. These goods typically include electronics, clothing, and the latest and greatest installment of anything in a rapidly evolving market. Current promotional posters and products from popular movies and television shows also fall under this category.
To make the most money by selling limited lifetime goods on Ebay, you have to act fast. Pre-released electronics and game titles are among Ebayâ€™s hottest sellers ever. Timing is important with these products; sell them before the competition does, but after there is a definite demand. This window of opportunity can be very slim, so watch the market carefully. End-of-cycle merchandise can be bought at low prices, but make sure thereâ€™s still enough demand to justify such a purchase.
Seasonal items include holiday decorations and cold- or hot-weather clothing. The key to making money with these items is to list them before the competition does. Start a month or two ahead of time and write a convincing auction title and item description that will convince shoppers to buy early â€“ from you.
Antiques and collectibles are a challenging market to break into due to the limit of both supply and demand. You might find a rare item that only a handful of people are interested in. Even then, one of those people would have to have enough expendable income to purchase the item. That can be difficult to coordinate, so allow yourself plenty of time to make a sale. Use other avenues of sale, too; Ebay might not be enough to move some items.
The key to making a good living selling antiques and collectibles on Ebay is to know your market. Buyers will be more likely to purchase from someone with expert knowledge. Customer service is also paramount. Remember, these high-ticket sales depend on quality over quantity. Buyers will not part with their cash if the seller ignores their questions or acts rudely. Cultivate a strong, well-deserved reputation for excellent service.
The best selling items on Ebay tend to fall into one of the three categories mentioned above. Sellers who pay attention to the fluctuations of the market, who time things right, and who donâ€™t hesitate to snatch up a good deal for later resale, will likely find great success with their auctions.
eBayâ€™s Turbo Lister Program: Should You Use It?
Are you an eBay seller? If you are, are you familiar with eBayâ€™s Turbo Lister program? If you are not, you may want to take the time to familiarize yourself with it, as using eBayâ€™s Turbo Lister program can make selling on eBay as easy as can be.
eBayâ€™s Turbo Lister program is a program that is available for download, free of charge on eBayâ€™s website. What is nice about eBayâ€™s Turbo Lister program is that it is easy to install and use. In fact, like eBayâ€™s traditional way of listing items for sale, you are given step-by-step instructions. Even if you have minimal computer knowledge, you should still be able to use eBayâ€™s Turbo Lister program, without any problems.
Now that you know exactly how you can get eBayâ€™s Turbo Lister program, you may be wondering exactly what it is or how it can help you. See, when you download eBayâ€™s Turbo Lister program to your computer, you can access it at anytime, even if you are not connected to the internet. eBay markets its Turbo Lister program to those who are high or medium volume eBay sellers, but it is also great for those who have dialup internet. Listing a large number of eBay auctions can tie up your phone lines, but with eBayâ€™s Turbo Lister program you donâ€™t even have to be online!
The eBay Turbo Lister program sets up all eBay auction listings or â€œBuy It Now,â€ listings the same way as it is done online, through their website. For instance, when using eBayâ€™s Turbo Lister, you need to assign your item to a category, make a headline for your auction, write a detailed description of the item that you are selling, upload pictures if you have any, mention how your item will be shipped, as well as outline what methods of payment you will accept. As stated above, this process is easy, as everything is explained to you step-by-step. With eBayâ€™s Turbo Listing program, listing on eBay is still as easy as it was before, if not easier with the ability to do so while not connected to the internet.
Speaking of not being connected to the internet, you may be wondering how your eBay items can be listed on eBayâ€™s website if you are not connected to the internet. This is where the internet connection comes in. eBayâ€™s Turbo Lister program enables you develop as many eBay auctions as you want, even thousands of them, without being connected to the internet. When doing so, you have the ability to save your listings for a later date; a time when you can sign online. Once you are connected to the internet, a simple click of the mouse and your eBay listings will automatically be uploaded to the eBay site. In addition to giving you the ability to work offline, you also have the ability to time your auctions, like if you want them to start or end at a certain time.
As mentioned above, if you are interested in downloading eBayâ€™s Turbo Lister program, you can do so through their online website. Since downloading and using eBayâ€™s Turbo Lister program is free, you are urged to at least give it a try. Should you not like the way that the program works, you could always return to listing your eBay items the traditional way, though the eBay website.
Click here for the free download of Ebay Turbo Lister.
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