Your Questions About Make Money On Ebay

Brenton Parker answers:

There’s a site where sellers are looking for people to make descriptions for their auctions. I think they pay a dollar or something like that for each ad. You can easily pump out 10 auction ads in an hour. It’s not a lot of money but it’s easy.

Http://makingmoneymaryheavens.com/list-things-on-auction-websites-for-people

Good luck, I hope that helps

Brenton Parker answers:

Its tough to make money on ebay because thre are so many sellers.

You have to sell in volume and make at least $2.00 on shipping.

The best items to sell are free items.
1) Print up business cards,

2)Goto yard sales and tell them you will buy what’s leftover for $5.00 or haul it away and charge them money.

3) buy items from goodwill & salvation army

4) sell all those free and cheap items on ebay with no reserve.
If they only pay you a penny you make money on shipping.

Good Luck

Brenton Parker answers:

Buy a thousand of something for really cheap and sell them individually.

Brenton Parker answers:

The key to succeed on eBay is to be highly competitive on price while still remaining profitable. And that means you must find a good supplier.

Also if you have the right products you don’t need to sell them on eBay only, you can also sell them to your relatives and friends.

Have a look on this wholesaler from China:

Brenton Parker answers:

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!