Your Internet Business

How would i be able to Make Money on ebay?

How can i make money using ebay. i have a paypal account. What sort of stuff can i buy and sell on ebay? Also would i make much money doing it?

It doesn’t matter what you sell. To wit, as it is often said, “One man’s trash is another man’s treasure.” Most everyone collects or wants something or other.

The thing you want to be aware of with the most popular items is that you will have the MOST COMPETITON from other sellers who sell the same items. You can’t be competitive and make a decent profit unless you get the best wholesale price to maintain an adequate profit margin. If your opening bid price is higher than other sellers selling the same items, you won’t have many sales.

Other suggestions for items to sell:

Look no further than ebay itself. You will not be looking for single item listings but rather your target will be listings that have similar, grouped items. There are ebay ‘vultures’ who just love to swoop down on similarly grouped items in one listing. When they win these auctions, they turn around and sell the items individually and, in most cases, get one and a half to 2 times and sometimes three times what they paid for them on an average item basis. I know this works. When I had more time (read unemployed), I was one of these ‘vultures.’ This is one of those situations where the parts are worth more than the whole. However, do be cautious if you venture into this arena. You have to know your merchandise. Stay in those areas you are familiar with. You can’t jump in blindly to any and every auction that has grouped items.

If you can buy a large lot of similar merchandise for $100 to $200 and turn it around for $300 to $600, it works out very nicely, indeed! Most buyers of these large lots will be vultures as well so you could be ‘butting bids.’ Keep in mind that the higher the closing price at ebay, the less your profit on the turnaround. It’s not an exact science and it does take a little experience to really know what you’re doing but you can’t be afraid to go out on a limb. That’s where the fruit is. When I see an auction of grouped items it tells me loud and clear that the seller is far more interested in getting rid of their stuff the quickest, easiest way possible and ‘be done with it’ rather than in making a decent profit or profit at all.

Short of items to sell and where to find items to sell? Garage and yard sales, church bazaars, flea markets are obvious. These can be the cheapest sources of merchandise. ‘Junktique’ shops are not that good because these folks know their merchandise. This being the case, it is usually OVERPRICED, not under priced.

If you want to let your fingers do the walking, you too can be crafty ‘vulture’ like a select group of other ebay sellers. Become a member of several smaller auction sites and search for bargains there. But as before, ‘stick with what you know.’

These smaller auction sites are great for buyers for the same reason they are bad for sellers:

Fewer potential bidders = Less competition = Lower closing prices.

Turn them around on ebay:

The ebay formula:

LARGEST auction site by far = MAXIMUM competition = HIGHER closing prices

There are also volume sellers who concentrate on only a handful of popular items by buying in volume / wholesale at a discount and selling at a discount. The average schmo at eBay can’t compete with volume sellers of a particular item.

GOODWILL sometimes also has good bargains, but not always. Mondays / Tuesdays are the best days to visit Goodwill as most people will drop off their donations on Saturdays and Sundays and it has to be cleaned, sorted and marked before it can be placed on display.

To maximize profits, sell WORLDWIDE, not just one country. A basic business tenet is, ‘The greater the potential market, the greater the potential to maximize profits.’ It’s TRUE! You will now have access to 200+ million members.

Lastly, keep in mind that experience is the best teacher. Start off slowly listing only two or three items and see how that goes for you. Once you Get Your feet wet and gain confidence, start listing more items on a weekly basis. You will soon learn the ins and outs and the dos and don’ts in short order and ultimately settle on a system that works best for you. The more items you list, the more items you will sell, the more $$ you will make and the harder you will work. Nothing in life comes easy and that includes becoming a successful seller at ebay. If you are conscientious and put in a little extra effort, you will do well. If you are lazy or indifferent in selling your items, you won’t. Good luck & happy selling!

How Mums Can Make Money on eBay

Nespresso C100-US-AERO Essenza Automatic Single-Serve Espresso Machine with Nespresso Aeroccino Milk Frother Combination package of C100 Automatic Essenza and Aeroccino. Compact Brewing Unit with a 19 Bar pressure pump and thermobloc heating element. Automatic and programmable Coffee Quantity (Settings : 40 ml for espresso, 110 ml for lungo) with backlit on/off and coffee volume buttons. The Essenza also has a removable water tank (41-ounce.) and features easy insertion of capsules and ejection used of c…

Dr Heater Portable Quartz + PTC Infrared Space Heater – 1500W, Dual Heating System, UL Listed. $250.99 This Dr Heater Elite Series combines an infrared heater, a humidifier, an air purifier, and an oscillation fan. Each function can be operated independently. The ultrasonic humidifier produces a cool mist, adding much needed humidity to the dry winter air. The Elite Series can also be used as a fan with or without a humidifier during summer time. 1-12 hrs timer, Easily rolls from room to room on du…

All-Clad Copper Core 7-Piece Cookware Set $674.95 The ultimate in beautiful, high-performance cookware, All-Clad’s innovative Copper Core collection combines the unexcelled heat conductivity of copper with the easy maintenance of stainless steel. Crafted in a unique five-ply construction, the cookware contains a core of pure copper that spreads heat quickly and evenly across the bottoms of pots and pans and all the way up the sides. Aluminum laye…

Us & Them: Symphonic Pink Floyd $10.04 …

How To Make Money On eBay $7.99 …

How to Make Money With Ebay $8.99 …

Snow White and the Seven Dwarfs (Walt Disney’s Masterpiece) [VHS] $2.79 Walt Disney’s Classic Masterpiece movie. Comes in plastic protective case enjoyable entertainment for young and old….

Aladdin [VHS] $12.39 A Walt Disney Classic movie about Aladdin and the magic lamp. plastic protective case good and VHS plays very good….

Schoolhouse Rock! – Money Rock [VHS] $14.99 The world of finance bewilders many adults, so it’s not surprising that kids often find it incomprehensible. Money Rock tackles subjects like budgeting, taxes, interest, and the stock market with simple definitions, fun animation, and lots of catchy music. The country-inspired “Dollars and Sense” explores the concept of interest with respect to saving and borrowing, “$7.50 Once a Week” teaches mon…

Klein 11045 Wire Stripper/Cutter, Yellow $8.85 6″ T-Type Wire Stripper/Cutter. Loops Wire and Has Narrow Surrated Tip For Pulling. Strips 10-18 AWG Solid Wire. Easy-to-read wire gauge markings on both sides for stripping in either direction. Compact, lightweight wire-stripping and cutting tool. Narrow nose fits into tight places. Black-oxide finish resists corrosion. Yellow Plastic Dipped Handles. Made In USA….