« Finding Your Niche on eBay | Main | Looking for Auction eBay Power Seller Info? »

May 10, 2007

Make Money on eBay – Follow These 3 Easy Steps

By Max Suther

So you want to make money selling on eBay but you really don’t know how to get started. Well the whole process can be intimidating but this article helps you understand the basics of getting started.

Sign up to sell on eBay – The process of selling on eBay starts with becoming a member of the eBay community. The process is easy and it does not cost anything to get started. After you sign up you should read the tutorial on how to get started selling on eBay. Just skim over it to get the basic idea. You don’t want to memorize the whole process. Instead you want to experience the process by listing an item and hopefully selling it.

Pick an item to sell – This is an easy step. Look around the house for items that you don’t want anymore but that someone else will. Don’t select junk. You want an item that has value but you just don’t want anymore. Go to eBay and create your first listing. Don’t make this step complicated. Sure other eBay sellers have pretty ads but you don’t need this your first time out. You need an honest description of the item and a picture. Make sure you price the item low. The purpose of this step is to help you learn how to list a product and get your feet wet, so don’t try to make a large amount of money on your first product. You want to sell the product and then ship it.

Find a reliable source of product – Once you have successfully sold your first product you will need to find more products to sell. This is the most difficult part of selling on eBay. You can look for more items at your home but eventually you will run out of things to sell. Decide what products you are interested in and then find a wholesale source for the product or someone that is willing to drop ship the product. I prefer drop shipping because the drop shipper takes care of the inventory and shipping. I can then focus on marketing the product and selling it. There are only a few eBay certified drop ship companies that I know of so be careful when selecting a wholesale source or drop shipper. Many of the companies on the internet are scams.

For a free beginners eBay course, try visiting http://www.website-for-free.com/make_money_ebay_beginner.htm, a popular website that offers eBay selling tips, advice and resources to include information on how to make money online on eBay and the best free list of eBay wholesale sources.

Posted by Dave Bromley at May 10, 2007 08:09 AM