Learn How To Be A Successful eBay Seller

Home
>
Online Auction
>
Learn How To Be A Successful eBay Seller

Learn How To Be A Successful eBay Seller

Anyone can sell anything on eBay. Open an account, list your product, and wait for the bids to start coming in. While it is true that anyone can sell, to be successful, you need to know the inside secrets.

One woman made over $250,000 last year on items sold on eBay. She is just one out of thousands and thousands of people that make a ton of money just selling merchandise.

Are you ready to learn how to be an eBay seller? You will find it to be easy, fun, and exciting. Here are some of the things that you need to know to get started.

Just eBay

Although there are several other quality auction websites, eBay is by far the most popular and most successful. Although you could start using all the other sites, by spreading yourself out too thin you take the risk of getting things mixed up. In reality, it is better to use eBay and focus your attention and efforts on this one site. You will not be disappointed.

Look Around

Navigate through each section to familiarize yourself with all the different pages. You will find a site map and help tab, which are very useful tools. It will take a little time to get used to the site but start by looking. As you start selling, navigating will become much easier.

Terms & Conditions

You will run into all types of buyers that try to move past the terms and conditions provided by eBay. Know the Terms & Conditions inside and out and if you have problems, contact eBay immediately. A few examples of the insider secrets are listed below:

* Bid Shielding ? Two buyers work together. One person bids high to protect a low bid place by the other person. Right before the auction closes, the high bidder cancels, meaning the low bidder gets your items for a huge bargain.

* Bid Shilling ? This is where the seller actually uses a separate ID set up to inflate the number and price of the bid.

* Deadbeat Bidder ? The deadbeat bidder bids on your auction and then simply fails to pay.

* Sniping ? A "sniper" is a bidder that waits until there are only minutes or seconds left on an item and then quickly bids just a little higher to get the items. Although not against the T&C's, it is considered unprofessional and limits competing bidders from driving a high price.

Excluded Items

Although eBay accepts just about every type of item, there are a few exclusions such as explosions, corrosive material, etc. Before you go through the entire process of listing your items, make sure you are not listing something forbidden by checking out the do's and don'ts listed on eBay.

Competitor Analysis

Just like any other business, you need to know what your competitors are doing. This will help you make the best possible decision when it comes to your own auction. Before listing your items, do a search for the same type items to see what their descriptions looks like. Find different aspects from different sellers and use them to form one comprehensive site for yourself.

Community Boards

Pay attention to the community boards provided by eBay. They offer valuable information and helpful tips that can ultimately save you time and effort.

Category Guide

Use eBay's Category Guide, which is a helpful tool to ensure you place your auction items in the appropriate category.

When to List

The time of day you list your auction is important. The start time will be the same as the end time, which is why it is so important. If you want your auction to end at 10:00 p.m. on a Sunday night, you need to have the auction start at 10:00 p.m. For this reason, be sure to set the start time accordingly.

Do your Homework

In addition to researching what other people are selling similar items for, you need to conduct your own research outside of eBay as well to determine the going rate for your items. As an example, if you are selling artwork, jewelry, or collectibles, you need to state in your description the going price. Although you may or may not get that price from the buyer, it shows buyers that you have done your homework and will stand a little more firm in your price. It also tells buyers that they are getting quality for a good price.

When it comes to selling on eBay, the door of opportunity stands wide open. Opportunity is what you decide to make of it. As mentioned in the beginning, people literally buy and sell just about everything on eBay. For this reason, do not think that items you have would not be of interest to anyone because more than likely, they will be.

Lewis Leake helps people make money from home. His website at GrowNetProfits.com contains tools, resources, articles, newsletters, product reviews and traffic builders to help you make money from your home based business. Click here to get additional Online Auction articles.

In The News:

Sci-Tech Today
Disputed dinosaur fossil auctioned for $1M in NYC
BusinessWeek
By JENNIFER PELTZ A dinosaur dispute is brewing between the Mongolian government and an American auction house, which sold a fossil of a fearsome T. Rex relative despite a court order not to. The 8-foot-tall, 24-foot-long skeleton of a Tyannosaurus ...
Dinosaur Auction: Tyrannosaur Skeleton Fetches $1 Million Despite ObjectionsHuffington Post
Dinosaur Dustup: Auctioneer, Mongolia Battle Over $1M BonesABC News
Disputed Dinosaur Fossil AuctionedSci-Tech Today

all 281 news articles »

Telegraph.co.uk
Foundation objects to auction of purported vial of Reagan's blood
Reuters
By Alex Dobuzinskis | LOS ANGELES (Reuters) - Ronald Reagan's foundation expressed outrage on Monday at a British company's auction of what it says is a vial of the late US president's blood taken at the hospital where he was treated after a 1981 ...
On-line auction site is selling a vial of President Reagan's blood taken after ...Washington Post (blog)
Outrage at auction of Ronald Reagan's bloodTelegraph.co.uk
Ronald Reagan Blood: Auction Anger From Presidential Foundation - PFC AuctionsSky News
ABC News (blog)
all 53 news articles »

New York Daily News
Babe Ruth jersey fetches a 'Ruthian' $4.4 million at auction
Chicago Sun-Times
By MIKE FITZPATRICK AP Sports Writer May 21, 2012 9:58AM This undated photo provided by SCP Auctions shows a circa 1920 New York Yankees baseball jersey worn by Babe Ruth that sold for more than $4.4 million at auction, Sunday, May 20, 2012.
Babe Ruth jersey sells for record $4.4 millionBusinessWeek
Outsize Figure, Even by Ruth's StandardsNew York Times
Babe Ruth jersey sells for record $4.4 million at auctionCNN (blog)
New York Daily News
all 418 news articles »

VINTAGE: Auction-Star Ferrari 625 TRC
SPEEDtv.com
(Photo: Wouter Melissen) The star of the various auctions during last week's Monaco Historic Grand Prix was this 1957 Ferrari 625 TRC sold for just over 5 million euro ($6.5 million) by RM Auctions. It is one of just two 500 TRCs built in period with ...

Diego Rivera poised to top NY Latam art auctions
Chicago Tribune
NEW YORK (Reuters) - A Diego Rivera portrait of a 10-year old girl, her head cocked and gaze wary, is expected to top this week's Latin American art auctions, where surrealist-tinged works by other artists are also primed to do well.

and more »

NHR: Old Hamden PD Stuff to be Auctioned Tuesday
Patch.com
The New Haven Register reports today that no one showed up for an auction of everything left behind in the old Police Department buildings. The two-day auction began Monday and continues Tuesday from 9 am to 3 pm Tuesday's auction is set for the annex ...

and more »

German Bonds Decline as Stocks Rise Before Dutch Notes Auction
BusinessWeek
The Netherlands will sell notes maturing in April 2015 today and Spain auctions bills. The 10-year bund yield increased three basis points, or 0.03 percentage point, to 1.46 percent at 7:52 am London time, after falling to a record 1.396 percent on May ...

and more »

KGMI
Exclusive: US lets China bypass Wall Street for Treasury orders
Reuters
Those dealers then bid on their behalf at Treasury auctions. China, which holds $1.17 trillion in US Treasuries, still buys some Treasuries through primary dealers, but since June 2011, that route hasn't been necessary. The documents viewed by Reuters ...
Records Show China's Private Link to Treasury MarketsNew York Times
China gets VVIP treatment from USFinancial Times (blog)
US lets China bypass Wall Street for Treasury ordersTODAYonline

all 50 news articles »

Successful John Dixon Auction Blitz: 11 Commercial Buildings, 10 Events, Three ...
MarketWatch (press release)
"We really felt that it was important to sell most of these buildings at the location itself, and that meant we had to form three teams, with multiple auctions two of the three days. But our folks were up to it, and we had 10 auctions, each of which ...

and more »

State surplus auction draws hopeful bidders, sales of boats, ATVs, file ...
Nashua Telegraph
By JONATHAN VAN FLEET Staff photo by JONATHAN VAN FLEET Crowds await the start of the state auction Saturday morning in Concord. Thousands of items were up for sale from boats and ATVS, to file cabinets and chainsaws. Staff photo by JONATHAN VAN FLEET ...

Google News