Article
by: Ian Major
Many people make a full-time living on eBay. This is not only
possible but it is also quite easy once you know what you are
doing. Some people just make a little extra money through eBay
auctions simply because it is fun it becomes a hobby.
Whether you just want to sell some old items lying about your
house, or you want to build a business by becoming a PowerSeller,
there are five things you absolutely must do before you can start
selling on eBay.
1. You must Register. Begin by registering as a member of eBay.
This registration is free, and it will allow you to participate
in auctions as a buyer. As soon as you have completed your
registration as a buyer, you can register as a seller simply by
logging into your eBay account and clicking on the 'Sell' tab
at the top of the page. The information that you will enter is
very basic information, but as a buyer, you will need to enter
a credit card number, or sign up for a paypal account.
2. Sign up with paypal.
Paypal has become one of the most popular payment gateways on
the Internet. This website allows people to transfer money from
their bank accounts or credit cards, and to transfer money from
one Paypal account to another. Signing up is quite easy, but you
will need to verify your account with a checking account, and
you can optionally add a credit card to the account. Paypal is
very secure. As long as you don't give your password out to anyone,
you shouldn't have any problems.
Paypal is not required to sign up with eBay, but it is highly
recommended. This will allow you to give your buyers more payment
options. Signing up with Paypal is free.
3. Find items to sell. You may already have items that you want
to sell.
For instance, if you have recently cleaned out your attic or
your garage, you probably have tons of stuff that you want to
get rid of. Some items won't sell well on eBay, while others will
sell like hot cakes! So a little research to see what sells well
before you set up any auctions.
You can also find items to auction by going to yard sales around
your area.
Many eBay PowerSellers sell brand new items through drop shipping
companies as well. It is all just a matter of determining how
you want to profit from eBay, and what items are hot sellers.
4. Set up your auction. Once you are signed up, and you are ready
to set up your auction, eBay has a form for you to fill out.
Here, you will determine how you are going to sell the product.
You can choose to sell a group of items, or just one item. You
will have a list of categories to choose from, and these categories
determine where your item is listed on eBay. Choosing the proper
category for your item is essential this is how people
will find your auction.
You must choose a title for your auction. You want to use your
title to catch the buyer's eye. Coming up with a great title isn't
always easy, and it does require some thought. Look at some past
successful auctions to get some ideas. Make sure that you follow
eBay's guidelines for titles!
Make sure that you use the form to add as much information about
your item as possible.
The more information you can include, the more successful your
auction will be.
Look at the history of past auctions for items similar to yours.
This information will help you determine your title, your description,
and even your reserve price. The reserve price is the absolute
minimum bid amount that you are willing to accept.
You will be allowed to include pictures of your items, and it
is very important that you do so.
Make sure that the pictures are clear, and take several different
shots from different angles. Pictures will help make your bid
more successful. Many bidders won't even look at auctions that
do not include pictures.
You will also need to determine how long your auction will run.
Don't make the auction too short give bidders time to find
your item and place their bids but at the same time, don't
make it too long. Force bidders to act by getting their bids in
before the auction closes!
eBay has many upgrade options that will make your auction more
noticeable.
Depending on the reserve price of your item, it may be well worth
it to take advantage of these upgrades to get your auction noticed
more easily.
5. Communicate with your bidders.
Make sure that you monitor your auction, and keep the lines of
communication with your bidders open. Bidders will have questions
about the item you are selling. Make sure that you respond to
the questions and comments in a timely manner.
Think of yourself as a shop keeper, and reply to the bidders
just as you would to a customer who was standing in your shop!
CopyRight Ian D. Major 2005
Ian D. Major makes it easy to understand and use eBay, quickly
and easily. Learn all you need to know by visiting eBay
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