subject: Guide To Making Money On Ebay - You Can Thank Me Later [print this page] Learn How To Make Money On Ebay
Online auctions are helping people create their very own home business. To help you succeed, here are some tips.
So you want to make lots of money on Ebay, do you know what to sell?. This might not sound to sexy, but it's better to start selling what you know and like. If you try to sell something that you just don't know anything about then you'll never complete a good auction description and sell it for a good price. A good idea would be to prepare a list of what you like and then carry out some research on ebay to find out how popular these items are and what they sell for. If your research throws up some potential leads, see if you can find some suppliers you can buy some from, but don't go crazy and buy truck loads, you don't want to over expose yourself and end up with a mountain of stock that you can't sell.
You now have a business, and as any business owner will tell you, you need to keep an eye on the competition and how much they are selling the same or similiar items for.
With so many ebayers selling the same items, great quality customer service is key to success. Success is based on buyer feedback. Ebay works by offering customers the chance to leave feedback on the seller, so it's key to have top feedback. The only way to have great feedback is through great communication, great business practices and great overall customer service.
Pictures are key for your success, most people are visual so the more pictures you have on your listing the better. Get into the habit of taking lots of pictures for your listings. Purchase a nice compact digital camera, you don't have to spend a lot, this small investment will benefit you greatly as it will enhance the quality of your listings and will mean you get higher bids.
Be careful what you charge for shipping, high prices scare people away from auctions. Find the lowest shipping prices you are able to, may be even pay for shipping yourself, if profits allow it.
Package items correctly. Your wrapping should be professional for the best impression: use appropriately sized envelopes or parcels, wrap the item in bubble wrap to prevent it from getting damaged, and use printed labels instead of hand-writing addresses.
