How to make Money on eBay

Ebay is one of the biggest names in ecommerce. People set up virtual stores where they sell what they don’t need or their own products. This makes it a great place to earn some good money. All that you need to know is where to start.

Know where to start

As well as bringing in extra cash, eBay* can help declutter your home and is environmentally-friendly too. After all, people are reusing your goods rather than flinging them into the tip, so everyone gains.

Selling on eBay isn’t just for those in the first flushes of a major declutter either – continuing to get rid of things you no longer use can provide regular ready money.

For those who’ve got the eBay bug, it’s addictive watching the bids flow in. The pounds can quickly add up, especially as you’re profiting from stuff that was just picking up dust.

Committed MoneySavers on this site’s eBay board make £100s a year – although of course it depends on whether you’re just flogging a few cast-offs or trading full-time. For more ways to bring in extra loot, read Boost Your Income.

Sourced from: http://www.moneysavingexpert.com/family/selling-on-ebay

You will not become an overnight success on ebay. There are certain rules that you must adhere to in order to make it. You must be determined and passionate even if you do not make a sale for a month.

Rule #1: Determination

Posting a few items for sale and hoping for the best isn’t a true test to discovering success. You need to be determined to become the greatest seller possible. This will require learning all you can about the best methods and tools in order to secure your financial growth; tools such as Terapeak.com – the website that analyzes all sales on eBay and can provide you with information you need to find the best items to sell. You can’t be easily swayed because a few items don’t sell or don’t see a lot of attention.

Rule #2: Passion

Many sellers try to cover their bases and sell everything they come across. Those who focus on a niche that they are passionate about are generally more successful. Although general stores can make a decent amount of money, those pertaining to a niche make more on average. If you love makeup, selling makeup should be your niche. If you love computers, you should sell peripherals and other computer related materials. When you zero in on the items that you are excited about, it makes your efforts more focused. It’s the same principle for owning a blog – work with your passion to improve your results.

Sourced from: http://www.quickanddirtytips.com/business-career/small-business/can-you-really-make-money-on-ebay

You might not make Millions but you can make thousands of dollars on eBay. This could actually turn out to be the perfect side hustle. What you see is what you get. There is nothing hidden.

You get out what you put in. As Chris says, your earnings are often proportional to the effort you put in. “Only have time to list one item per week? No worries,” says Chris. With an eBay resale side hustle, you can put in as little or as much time as you want.

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It can be fun. If you are truly passionate about the items you’re seeking out and reselling, flipping items on eBay can be much more gratifying than a side gig; it can be a fun hobby too. For Chris, eBay flipping is filling a void left after he quit playing video games. Still, it’s basically “a real life video game,” he says. “Instead of going and killing monsters in a dungeon, I’m finding treasures at a garage sale.”

Sourced from: http://www.clark.com/how-to-make-money-sell-on-ebay