Make Money on Ebay
Making hundreds of dollars on eBay
in minutes
This article has the best tips to make money on eBay.
Here’s the actual steps we accustomed to make $1,000 selling things on eBay during the last two months. Plus, we surveyed readers who make over $1,000/month using eBay (including person who earned $50,000 during the last year), and now we spoke to your senior executive at eBay to have insider tips on learning to make extra money with eBay. Below, you’ll find: |
Here’s the direction they optimize their eBay listings, if you want of importance:
Use lots of fantastic pictures
Write complete descriptions and consider potential buyers
Do your research
Time your listing right and steer clear of reserve prices
Choose things to sell carefully
Use lots of fantastic pictures
Write complete descriptions and consider potential buyers
Do your research
Time your listing right and steer clear of reserve prices
Choose things to sell carefully
- Use lots of fabulous pictures
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Quality: They use fantastic pictures – not blurry but not old-looking. They don’t ought to be perfect, but should show NOT ONLY the product BUT ALSO that the product lives in the nice environment. I don’t care simply how much of a deal it really is – I’m not investing in a designer sweater that’s being photographed inside a coal plant.
Quantity: They use a lot of pictures. If you’re buying something from a mysterious eBay seller, your confidence goes up with all the number of real photos of them in question. One reader told us her secret was “LOTS of pictures. Use an outside app to regulate listings (I use Garage Sale) and upload photos in your own server and that means you don’t need to pay eBay’s prices for really photos.”
Quantity: They use a lot of pictures. If you’re buying something from a mysterious eBay seller, your confidence goes up with all the number of real photos of them in question. One reader told us her secret was “LOTS of pictures. Use an outside app to regulate listings (I use Garage Sale) and upload photos in your own server and that means you don’t need to pay eBay’s prices for really photos.”
- Write complete descriptions and contemplate potential buyers
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Completeness: Fill out every one of the fields within your listing, and ensure that your textual description offers a LOT of information about that. It’s just stupid not to ever, but SO many sellers don’t try this. Laziness I guess? Whatever the reason, don’t become them.Think as if your buyer – if I’m dropping $200 for the rare book on eBay, I want to know EVERY detail regarding it. I don’t care how mundane or maybe repetitive it really is, I want every
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reason to get faith that my $200 are going to be well spent.
Search optimization: Use targeted keywords inside your item title AND description. You don’t must be a tech wizard with this. It’s as basic as asking yourself, what might a potential buyer because of this item type in to the search box? The more closely your description matches that search query, greater visible your products will probably be. If it’s a brand name name thing, then men and women probably be typing from the brand, not merely the name of an item itself, so be sure to add some brand –eg. [pottery barn queen duvet] versus [queen duvet]. One reader told us “Don’t misspell brand names” – who’s seeking Calfin Kline, anyway? Yeah, it’s obvious. But people still get it wrong.
Bad eBay listing title - this is NOT how you can make money on eBay
Bad eBay listing title – this is NOT steps to make money on eBay
Good eBay listing title - THIS is making money on eBay!
Good eBay listing title – THIS is how you can make money on eBay!
Search optimization: Use targeted keywords inside your item title AND description. You don’t must be a tech wizard with this. It’s as basic as asking yourself, what might a potential buyer because of this item type in to the search box? The more closely your description matches that search query, greater visible your products will probably be. If it’s a brand name name thing, then men and women probably be typing from the brand, not merely the name of an item itself, so be sure to add some brand –eg. [pottery barn queen duvet] versus [queen duvet]. One reader told us “Don’t misspell brand names” – who’s seeking Calfin Kline, anyway? Yeah, it’s obvious. But people still get it wrong.
Bad eBay listing title - this is NOT how you can make money on eBay
Bad eBay listing title – this is NOT steps to make money on eBay
Good eBay listing title - THIS is making money on eBay!
Good eBay listing title – THIS is how you can make money on eBay!
- Do your research
- Time your listing right and get away from reserve prices
One reader gave us a superb tip for timing your listing: “Use the 10 day listing starting on the Thursday, that provides you two full weekends of eyeballs. Weekends routinely have the highest traffic.”
This same seller told us more about reserve pricing: “99.999% from the time I never make use of a reserve price. My goal is to make just as much money as I can, so I lessen the amount of upfront money I should pay. I also try this by using a low starting expense of $0.99. This keeps me competitive with everyone. I would rather get little for this than are sit on my shelf and own it COSTING me money.”
This was also on the list of key takeaways from my interview with eBay’s Jim Griffith. Keep reading for much more on this point.
Case study: How to earn money on eBay
Here include the 6 exact steps I employed to sell my first item on eBay in a mere 37 minutes:
Sign up for the eBay account (2 min)
Find something to promote (2 min)
Research the merchandise and the value (5 min)
Market your eBay listing (15 min)
List a item on eBay! (5 min)
Fulfil your eBay sale (8 min)
Step 1: Sign up for the eBay account
Sign up to have an eBay account to earn cash on eBay
This was very straightforward. If you know using email and look this blog, then you definitely don’t need additional explanation.
Time taken: 2 min
Step 2: Find something to market
Selling my Seychelles shoes on eBay
Almost all people have something available for eBay. Last month, for instance, Ramit sold his broken laptop (normally the one he ruined that has a latte, of the stuff) for $661. (In fact, he used an assistant to try and do the market research, write the eBay page, and ship it, but that’s a narrative for another time).
Apparently, someone available knew the best way to fix it. This highlights one of many greatest reasons for having eBay – its wide reach implies that you’re very likely to find a buyer for pretty much anything that you simply have to promote. While most people don’t have plenty of spare high-value electronics here and there in, it is likely you do have another thing. As for me, I had these too-big shoes around my closet that I’d never worn.
Remember, the purpose of this post to comprehend and optimize the task, so let’s make use of the shoes as one example.
Time taken: 2 min
Step 3: Research the item and the purchase price
Under Step 3 Research
I didn’t desire to make the mistake of setting an arbitrary price depending on emotions, or you cannot knowing what the new keywords are for describing the sneakers.
Here’s how I researched:
Searched for the item name with Google Product Search [ Seychelles Share the Wealth ]
Looked at the summit 5 ecommerce sites selling the merchandise. This set it up the price AND, more vital, plenty of details about the shoe plus the brand to put from the description so it will be look super professional.
Saw the product I have has one major distinction – a hard-to-find color. I’ll highlight this inside description.
Note: it’s challenging to Google ‘value of broken laptop,’ but also in this case, Ramit’s damaged computer was making $0 landing on his shelf. Remember the tip about pricing at $0.99 we been told by our power seller-it’s always easier to make some money out of your item than to acquire all emotionally attached with it instead of make any by any means.
Time taken: 5 min
Step 4: Market your eBay listing
This same seller told us more about reserve pricing: “99.999% from the time I never make use of a reserve price. My goal is to make just as much money as I can, so I lessen the amount of upfront money I should pay. I also try this by using a low starting expense of $0.99. This keeps me competitive with everyone. I would rather get little for this than are sit on my shelf and own it COSTING me money.”
- Choose things to sell carefully
This was also on the list of key takeaways from my interview with eBay’s Jim Griffith. Keep reading for much more on this point.
Case study: How to earn money on eBay
Here include the 6 exact steps I employed to sell my first item on eBay in a mere 37 minutes:
Sign up for the eBay account (2 min)
Find something to promote (2 min)
Research the merchandise and the value (5 min)
Market your eBay listing (15 min)
List a item on eBay! (5 min)
Fulfil your eBay sale (8 min)
Step 1: Sign up for the eBay account
Sign up to have an eBay account to earn cash on eBay
This was very straightforward. If you know using email and look this blog, then you definitely don’t need additional explanation.
Time taken: 2 min
Step 2: Find something to market
Selling my Seychelles shoes on eBay
Almost all people have something available for eBay. Last month, for instance, Ramit sold his broken laptop (normally the one he ruined that has a latte, of the stuff) for $661. (In fact, he used an assistant to try and do the market research, write the eBay page, and ship it, but that’s a narrative for another time).
Apparently, someone available knew the best way to fix it. This highlights one of many greatest reasons for having eBay – its wide reach implies that you’re very likely to find a buyer for pretty much anything that you simply have to promote. While most people don’t have plenty of spare high-value electronics here and there in, it is likely you do have another thing. As for me, I had these too-big shoes around my closet that I’d never worn.
Remember, the purpose of this post to comprehend and optimize the task, so let’s make use of the shoes as one example.
Time taken: 2 min
Step 3: Research the item and the purchase price
Under Step 3 Research
I didn’t desire to make the mistake of setting an arbitrary price depending on emotions, or you cannot knowing what the new keywords are for describing the sneakers.
Here’s how I researched:
Searched for the item name with Google Product Search [ Seychelles Share the Wealth ]
Looked at the summit 5 ecommerce sites selling the merchandise. This set it up the price AND, more vital, plenty of details about the shoe plus the brand to put from the description so it will be look super professional.
Saw the product I have has one major distinction – a hard-to-find color. I’ll highlight this inside description.
Note: it’s challenging to Google ‘value of broken laptop,’ but also in this case, Ramit’s damaged computer was making $0 landing on his shelf. Remember the tip about pricing at $0.99 we been told by our power seller-it’s always easier to make some money out of your item than to acquire all emotionally attached with it instead of make any by any means.
Time taken: 5 min
Step 4: Market your eBay listing
Since I already did the analysis, it was the easy part. I took photos and determined the title and description copy in the other sites I saw that had been selling the product, making certain to highlight the key distinction (its color) along with all the standard brand distinction.
I took your reader tip and made a decision to list on the Thursday, to get a 10-day auction to acquire in two weekends’ valuation on eyeballs.
Here’s what I did:
Borrowed the title and descriptions from your other sites I saw. (5 min)
Took photos and did some minor editing. (10 min)
Note: when Ramit was trying to promote off his broken laptop, he used brand identification (it absolutely was an Apple Macbook), photos on the actual item for sale, and added a genuine, thorough description – ‘this laptop has some damage, but it’s definitely reparable and it’s a steal once you discover how.’ The brand name draws in a great deal of viewers, plus the honest, thorough description targets your chance to just the appropriate person who’ll finish up loving purchasing.
Time taken: 15 min
Step 5: List a item on eBay!
Listing my first eBay item
eBay makes this not thay hard. I chose to make available free shipping because attracts more buyers. I bundled the estimated shipping cost into your price of an item.
Time taken: 5 min
Step 6: Fulfil your eBay sale
It’s really, really important for getting those good seller ratings, even though you’re not quitting every day job. Fullfillment means to be a reliable seller, packager, and shipper, and becoming the item in your buyer ASAP.
Time taken: 8 min
Total time taken: 37 min
My completed eBay seller's listing
Bonus tip from my interview with Jim Griffith, from eBay University
When I asked Griff for virtually any secrets about the best items to market on eBay, he explained, “think local.”
Instead of thinking approximately how to offer YOUR stuff on eBay (much like your old stereo, computer, designer jeans), think about how you can make a micro business selling OTHER stuff on eBay, that you simply obtain locally, such as…
I took your reader tip and made a decision to list on the Thursday, to get a 10-day auction to acquire in two weekends’ valuation on eyeballs.
Here’s what I did:
Borrowed the title and descriptions from your other sites I saw. (5 min)
Took photos and did some minor editing. (10 min)
Note: when Ramit was trying to promote off his broken laptop, he used brand identification (it absolutely was an Apple Macbook), photos on the actual item for sale, and added a genuine, thorough description – ‘this laptop has some damage, but it’s definitely reparable and it’s a steal once you discover how.’ The brand name draws in a great deal of viewers, plus the honest, thorough description targets your chance to just the appropriate person who’ll finish up loving purchasing.
Time taken: 15 min
Step 5: List a item on eBay!
Listing my first eBay item
eBay makes this not thay hard. I chose to make available free shipping because attracts more buyers. I bundled the estimated shipping cost into your price of an item.
Time taken: 5 min
Step 6: Fulfil your eBay sale
It’s really, really important for getting those good seller ratings, even though you’re not quitting every day job. Fullfillment means to be a reliable seller, packager, and shipper, and becoming the item in your buyer ASAP.
Time taken: 8 min
Total time taken: 37 min
My completed eBay seller's listing
Bonus tip from my interview with Jim Griffith, from eBay University
When I asked Griff for virtually any secrets about the best items to market on eBay, he explained, “think local.”
Instead of thinking approximately how to offer YOUR stuff on eBay (much like your old stereo, computer, designer jeans), think about how you can make a micro business selling OTHER stuff on eBay, that you simply obtain locally, such as…
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