eBay is currently the third biggest online marketplace. Since the first auction was successfully finished, the number of professional sellers exploded. The marketplace also continuously attracts new members, which originally had other intentions of what to do for living.
Lots of sellers start their career on eBay as non-professional members and enlarge their business step by step until they become a professional partner. This post can be seen as an introductory guide for eBay starters which need a quick overview of the relevant issues concerning selling specific items on eBay.
Steven’s Story To Become A Professional Seller On eBay
Steven is one of these sellers, that closed many deals since his first auction over a decade ago. At first, it wasn’t easy for him to learn how to sell stuff on eBay because he wasn’t very familiar with using computers for this kind of issues.
With a little help of his brother Danny here and there he slowly learned how to sell stuff on eBay. Looking back the process of learning how to sell stuff on eBay isn’t really hard, Steven nevertheless needed to spend a lot of time in ‘getting used’ to the interface. He assumes that probably everyone can learn it how he did.
But he also admits that a guide for beginners would have saved him some time. Due to the lack of information, he started writing down the needed steps one by one and checked them during his first attempts.
Sell Stuff On eBay – Create Your Account
Before you can sell stuff on eBay you need to create an account. For this, you need to register on eBay. That means you give eBay your contact details and your private e-mail address.
After that, you receive and e-mail from the support of eBay in which you can finish your registration. With your new nickname and your password, you can log in to eBay and start your first auction. If you want to sell stuff on eBay, you also have to deposit your account data in the system.
Each auction is seen as an individual bargain between the seller and the buyer of the item. If you are looking for the items which have been sold on eBay, you’ll definitely find a lot of curious stuff. But still there are a few things that aren’t tradable on eBay. Further information is available in the general terms and conditions
But to get started you will need a certain amount of working capital. Fortunately, there are several ways to get working capital to launch your business. Peer-to-peer lending is definitely one of the options to be considered, due to its low interest rates, worldwide coverage, and accessibility – especially for small business owners.
Sell Stuff On eBay – Creating A New Auction
Before you start you should have a general idea which items are profitable to sell on eBay and which are not. Remember, it’s not free to sell on eBay. If you sell stuff on eBay, you have to pay a small fee for every article you sell, which means you have to achieve a higher profit. Your main task as a seller on eBay is to create new auctions.
- Tittle ✏
The main catcher of a new auction is the title. The title should be short and explicit so that an interested person gets every needed information from it. If you sell screws, for example, you list which kind of screws you offer, their measurements, the manufacturer and if they are new.
- Pictures 📷
The second main thing when you sell stuff on eBay is the quality of the pictures. Especially when you sell something used, original scans or pictures are absolutely necessary. You can upload two pictures for free, more pictures or scans cost extra. Usually, that isn’t a big deal because two pictures are often good enough to describe your auctions in detail.But even if you need more than two pictures to characterize your product, uploading more pictures normally pays out. When you have a good title and a catchy picture of what you offer, you are halfway through.
- Description 📃
Now you give further information about your product in the detailed description. With the given information the customer can differentiate between your products and the products of your competitors.It’s always good to give the customer a reason why he should buy your product and not that of another vendor. Give your customers the feeling that they feel save when they buy in your shop.
Ideally, they see you as a partner and trust you hundred percent in their concerns. That has a positive side effect. Satisfied customers will usually come back soon and buy other things in your shop. New members find worthy tips on the internet, for example, how they can successfully sell items on eBay.
Sell Stuff On eBay – Daily Routine Of A Professional Seller
As a professional seller on eBay, you usually have a daily routine. First, you log in and check any new messages. You answer open questions and afterward investigate in your private section of ‘my eBay’ which auctions recently ended.
Then you verify which bills have been paid and which are still open. If needed, you send out additional information or payment reminders to buyers that haven’t paid their bills yet. Paid items are ready to get shipped out.
Therefore, you organize packages and bring them to the post office. Many professional sellers don’t have to bring them to the post office on their own because that costs too much time. Instead, a driver of a cooperating company picks up the daily shipments in time and handles the following, mainly organizing steps, for you.
Afterward, you can focus on creating new auctions. Usually, you continuously sell stuff on eBay, that means you have to create new auctions every day. As a professional seller, you should keep in mind when your target group of buyers is active on eBay.
If they mainly buy in the evening, you should place most of your auctions at this time. For creating new auctions it’s necessary to make photos. Customers prefer to see original pictures of items they are willing to buy. That’s especially an issue for second-hand products. Obviously, it would cost too much time to create a new screen for every single auction.
You save a lot of time if you resort to already used auctions, which means that you need some kind of an archive. Also, specific online selling tools can help you creating new auctions. An important point which is often neglected is online marketing.
You can enhance your chances of having sustainable success with your business when you create a suitable marketing strategy for it. It’s not always as easy as it looks to sell stuff on eBay. Sometimes a problem arises, which you can’t handle on your own. In such cases, you can contact the eBay support to help you out.
And when your sales start going through the roof, there’s only one thing to do: expand! You will need to buy more and more inventory and a small business loan might come in hand. You should know that Bitbond is a global p2p lending platform, who offers a customized service for eBay sellers. When connecting your eBay account to the platform, Bitbond gets a “read only” access to your account to review the quality and quantity of your seller feedback. The higher your feedbacks, the higher your Bitbond rating – that means lower interest rates on your ebay loan request!
Sell Stuff On eBay – Steps After A Successful Auction
After an auction ends successfully, you find all relevant information under ‘my eBay’ in the category under ‘summary’ or ‘selling’. There you can check for which price the item was sold and who bought it.
Sometimes the buyer contacts you via e-mail and asks for more information about the bargain, but usually, everything is clear. Maybe you didn’t specify the costs for shipping in other countries, you didn’t offer a transport insurance or the buyer just friendly asks if he can use PayPal to send you the money.
A transport insurance, for example, might become relevant if the price for the sold item is much higher than expected. In most cases you and your partner can solve these problems quickly. Usually, you don’t hear anything from buyers.
After the deal is fixed the buyer is able to check your account data to send you the money and you are able to check the address where you have to send the package. You just have to wait until you receive the money. After that, you visit the next post office and send out the delivery.
If you hear nothing from your partner and you don’t receive money, you can contact the buyer and remind him of concluding the deal. If you sell stuff on eBay, it’s also important to be always well informed. You’ll find some interesting and up-to-date information on web retailer or internet retailer.
Sell Stuff On eBay – Conclusion
With this kind of understanding, Steven would have found it much easier to sell stuff on eBay in the beginning. Fortunately, he found his way even without the provided information. In fact, that took a lot more time than expected, but it’s also a good example of what you can achieve when you are motivated in doing something.
Of course, it’s generally better to sell stuff on eBay while having a plan in your hand or a partner at your side. Hopefully, you developed a basic idea of how you can successfully sell stuff on eBay with this post.
Need a small business loan to grow your business, buy new inventory or hire new staff? Bitbond provides quick and affordable working capital for funding your eBay business.
Latest posts by Veronica (see all)
- PayPal Working Capital Review 📝 - November 18, 2017
- Borrower Interview🎥 Statistician Data Analyst And Entrepreneur - June 14, 2016
- Amazon Business Loan | Get Your Loan Today ☝ - June 5, 2016