I have bought wrecked motorcycles and parted them out on eBay for a very decent profit. The higher the better. I have not bought items due to a low feedback score under I was thinking about starting an ebay buisiness and was wondering about what I should do shipping wise. Should I do drop-shipping and Do the majority of ebay buisnesses ship there product through drop-shipping? Very intriguing article, I am currently trying the Doba route myself.
Although I am concerned with the negative reviews I have come across in searches regarding Doba… Are they a legit company? Also from the one week trial so far, it seems to me that the cost of Doba products and eBay fees along with PayPal fees leaves very little room for profit. In my test so far, I have six Doba items listed for bidding with a reserve….
I learned a lot from this post. There seems to be a kind of an art to selling successfully on Ebay that I have yet to learn.
Making your listings available internationally is easy and can help you grow You can choose the countries you want to ship to in different ways: These fees aren't refundable unless your listing doesn't meet the other country's requirements. I am relatively new to Selling, and just had an item that was sold (Buy It Now) to is buy the item, you ship it, but it cannot be tracked outside of the US unless it's sent . linawycatuzy.gq I called seemed to be out of the Country. could not even understand that good .
I read your article and looked at the table of examples of items you sold and your net profit. It seems that the net profit is rather low considering what your investment was. I wonder if this is typical? I am doing research to start my own business but this concerns me. Thank you for all the information and tips that was very helpfull, I my self also have been seeling things from around the house the kids old clothes that kind of thing, I have just decided to try it out more as a business and have gathered funds to start my self off, deciding what products to go for though to me is the hard part.
I am visiting Florida in 6 weeks and was thinking of grabbing some bargins to test the water. Do you have any tips as to what i could go for? Hey all, Just a little warning about paypal. The day after you sell your first item you will probably receive a notice that all future funds will be held until one of two things happen. Either proof of delivery or a positive report on you. So you must again front the money till paypal [believe me they are no pal of yours! They have more rules than Quaker has oats that they seem to make up as they go.
I just recently started selling on ebay as a business.
So, bottom line…you cannot start your brand new business without some capitol to back you up. You need at least double the total price of your listings to stay solvent and operating smoothly. May 10th my husband was in an accident that left him disabled, needing brain surgery and orthopedic surgery to repair a shattered pelvis. We were heading to the mission field, but plans are definately on hold for now.
What advice can you give us about home businesses that he can do. My job and his disability pay wont even cover the normal bills, such as rent, utilities, gas and debt reduction. We do have a plan in place, debts records organized — but not the income to meet the plan! I also started selling on ebay.. Hi Bob, Would it be legitimate to write this article in my local language blog with reference to this site and put a link in there if some one interested to read the original version?
Do not laugh if it is a silly question. I do, from time to time, get frustrated…especially with buyers who are never happy. I have lost profits due to some of these people…just to keep them from leaving negative feedback. They know they have that power, and so do I! Other than that, I really do love it. And, I follow-up with every single customer to make sure they are happy with their purchases and get a lot of wonderful responses. One of my greatest weaknesses is that I try way to hard to keep the customer happy.
Anyway, enough on that. I, too, am looking for a steady wholesaler with a product I want. Currently I do the clearance shopping thing and rummaging consignment shops, which is okay but I want to be able to take the pictures one time, like you, and be done with them for awhile.
I just need to find that comfort level with it, and the magical product for me…one that I know will make most even though never all buyers happy.
I had an Ebay business for 2 years and items. I lost money overall and found better opportunities elsewhere. That was below breakeven without any reward or salary. The biggest problems I faced were finding product at a low enough price to make a profit considering ebay discount buyers and the sales conversion rate I was getting at the moment. I would think very seriously before I attempt to do that again and so should you? Might as well buy locally. Can you write something that are country specific particularly the Middle East and Southeast Asia? I am a bit skeptic with ebay.
I think if yoiu want to engage in selling and in ebay, its better to be cautious, check and recheck the client if you are selling, vis-a-vis the supplier if you are a buyer. I agree with Brent. I sold on ebay for years full-time under username Cheyenne I did not sell to the extent of Brent but did find that once everybody started finding the same wholesale distributors I was using they would undercut my listings and it made it increasingly harder to make a decent profit. I am looking to sell comic books, hockey and other sports cards and other collectible items such as Harbor Lights lighthouse replicas and a few collectible dolls that I had collected as a child.
Would Ebay be the best medium for selling these kinds of things especially the comic books and cards? I am interested in starting an online home business. I have no money to invest. I am also considering selling Plexus. Based on your chart, that seems like a large investment for such a small profit. Your email address will not be published.
Skip to content Skip to primary sidebar. Deciding to start an eBay business I decided to try it out and see if I could start a part-timeeBayy biz. Starting the Ebay biz As I mentioned in an article I wrote called 7 steps to selling on Ebay for beginners I started by selling junk around my house. How to sell on eBay [a step-by-step guide].
How to finally get started with your business idea. The only credit card I use for my business. Comments Thanks for the explanation on how to do this, Bob. You can use the "Buy it Now" feature, set a price you are comfortable and see what the market says. There is also a "Make an Offer" feature you may want to look into using, once you get the hang of the basics. Don't start your auction at. Don't be one of the whiners who say " eBay is a ripoff! I lost money selling my items on eBay! Understand that the amount an item sells for will not go directly into your pocket as profit.
You will pay eBay for hosting your item, PayPal for processing the payment, shipping fees to the buyer if you choose to pay them , packaging costs, the cost of the item itself, and any incidentals of business. What's left after all that is your profit. Every business has overhead; eCommerce is no different. Those are just the basic fees and there are additional fees for other features to help you sell your items.
Selling on eBay eliminates the need to sit outside at a garage sale all weekend or to pay rent and utilities in a standard retail location, but it doesn't guarantee a profit anymore than opening up the doors of a new store in a local mall guarantees a profit. Consider all your expenses when calculating profit.
Although getting started on eBay can seem like a daunting task, you can keep it simple when starting out and grow your business as you learn. The most important aspect of selling successfully on eBay is good customer service and positive feedback , so make that your initial focus of learning.
Making money will mean nothing if you get poor feedback by disappointing buyers. A list of links to important eBay seller information is included further down the page. All information should be verified directly at the eBay site for the most up to date information. I own quite a few of Jordan Malik's books and have learned a lot from them. They are easy to understand, quick reading, and great references to look back on for review.
He is a trusted source of information for eBay and Amazon sellers. To comment on this article, you must sign in or sign up and post using a HubPages Network account. Liz Elias - good luck this time around! It helps to have learned from our mistakes, doesn't it? I appreciate your comment, thanks so much. I just began putting listings up a month or so ago after about a 3-year hiatus. I left when it became "FEE-Bay" a few years back. Now, they no longer expect you to start a listing at 99 cents, and say as much in their updated tutorials.
Also, you can now list up to 50 items per month for free as of this writing, I have to really watch it, as I'm not selling very high-value items right now, so the pennies do have to count and mount up in my favor. Glad you enjoyed the hub and thank you so much for commenting! Shipping from Canada would certainly be a game-changer in ecommerce. Good luck with whatever biz you decide to do! I'm still humming and hawing about whether to sell on ebay.
To make it easier for some of those shoppers, eBay boasts a whopping 26 international websites where internationals can browse and shop in their own native language. If you meet these requirements, the next thing to consider is what and where will you sell internationally. This service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. If you have payments shown as pending in your PayPal account, you'll see the status of these payments in My eBay or Seller Hub, including the estimated date funds will be available and steps you can take to help get your funds faster. If you don't want that to be your home address, then get a PO Box before you list your first item. Please answer this question before sending.
Everything shipped to and from Canada is truly expensive. Fanseller - You can buy and sell out of the same personal account. You can close out the business account to make it simpler for you. Please visit Ebay's Seller Center linked to in article for more information and to learn the ends and outs of Ebay. Signed up just last night as EBay seller, however, I couldn't see how to 'sell' on a personal account.
EBay only showed me how to buy with it. Consequently, I signed up as a business. I'm not, though, so your comment about being legal concerns me. What am I dong wrong or where do I go to remedy this please? Im so glad that I read this article!! I had sold on ebay quite often a few years back and found that I had success at it.
Now that being said a large portion of the items I sold were found, I am an addicted dumpster diver I am always amazed at the things people toss out! I rescue them and make a profit: But it appears things have changed the shipping rule you mentioned was not in place when I was selling Im so thankful I read your posting that is an area of the process that can really hit your profit if done without much thought: These things are actually helpful and need to keep in mind while selling on ebay and any other online store.
There are many other people who might be selling the same product as of yours , so its you who need to be proactively smart to know and plan things. You're right, Karlcei, those steps aren't hard. They're just good things some people uhmmm Have fun and make some money with your selling! This is really a nice story! Though the steps you have described are not hard, but most of the people who never tried before don't know the tricks. I am gonna sell something.. A really nice hub filled with great advice.
The 99 cent auction is always fatal in the end. I had a really bad experience with trying this and it cost me quite a bit of money. Luckily I didn't dwell on it. I've been selling on eBay U. K for about 15 years and I'm still totally addicted.
Keep up the great work! This is a good hub. It would be very helpful to anyone wanting to try the eBay way. The last thing to consider is how to accept payments. The industry standard is PayPal. With PayPal, you have a certain degree of protection and an acceptable exchange rate. But do be upfront and transparent about costs. The eCommerce industry grows every year, and so does its reach to international consumers.
Arianna is a copywriter for SkuVault. Her background as a tour guide and content marketing writer in New Orleans has bolstered her love for storytelling and creativity. When not writing, you can find her playing dodgeball, camping, or traveling. Pricing Blog Request Demo. Subscribe to our blog. Arianna Thayer Arianna is a copywriter for SkuVault. Subscribe to this blog: Popular Posts Latest Posts. Categories eCommerce SkuVault Inventory Tips and Tricks 63 Inventory management 58 warehouse management 47 Marketplaces 38 eCommerce Businesses 37 Amazon 30 Guest Posts 30 Conferences 26 Marketing 23 Peak Season 21 Case Studies 16 eBay 16 shipping 15 efficient warehouses 12 warehouse management software 4 International Markets 2 Inventory Management System 2 Magento 2 Popular Posts 2 awards 2 ecommerce conferences 2 improving ecommerce workflow processes 2 news 2 private label 2 ChannelAdvisor 1 accounting 1 channel management 1 dynamic pricing 1 eCommerce integrations 1 featured 1 integration: