Saturday, October 29, 2011

eBay: Getting Ready to Sell!

Alright, so if you read the eBay/PayPal Tutorial in the post before this you will now have an eBay and PayPal account and be slightly familiar with both sites.  If you just want to buy on eBay, you are all set! :) Go start buying.

Yet if you want to sell on eBay and make the most profit, you are far from being done. Right now you are just a young cocoon and you need to wait until you can blossom into a beautiful butterfly.......so yea.



Anyways, you are still a novice seller. Before you  actually sell you need to get ready to sell.


First of all, you need to decide what it is that you are wanting to sell. You want to start by searching some of the items that are already listed on eBay for sale and get an idea of the prices and margins of the items/categories you are interested selling in.  You can use listings and prices that you find as a guide to what you are planning to sell. "Watch” is a good eBay tool that will assist you in watching how other eBayers bid on the items and what is the average price they go for. You will be able to monitor the progress and see what the selling prices usually end up being. Look closely at how the item is described and make sure that when you describe your item, it is done in a way that is professional and clean.  So look around and see how others who sell a lot have described and listed their products.

Next, you actually get to use eBay, yayyyy!
Every eBay buyer or seller has a rating.  If its anything below 95%, normally that is bad.  You get bad ratings when you describe your products wrong, don't communicate between you and your customer, take too long to ship it, or really anything that would displease someone with your selling services and product or how you buy. 
So you want to start off by having a good rating.  So every seller needs to start as a buyer to get a rating and show that they can be expected to make and receive payments and follow common courtesy.  You want to search up some items (preferably ones that you actually want) and buy them off eBay. I would suggest between 5-10 items.  It doesn't matter the price, just make sure you make the payments fast and you get something you would want, not just to waste money.You will receive good feedback and it will show that you can be trusted.  The buyer or seller can leave feedback first but just make sure you get your feedback. If you leave feedback and they don't, contact them.

This is enough for now, there will be one more part to getting ready to sell, work on buying the items, seeing average prices that the items you would be interested in selling go for, and looking at how others describe theirs for now. In the next blog you will actually list your first item!


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