eBay
has been around for years and i'm sure practically everybody reading
this will have heard of it, For those who haven't heard of it I shall
explain, eBay is an auction site where users buy and sell items across
the interwebs.
Now
the question is how do I start well firstly you create your eBay ID,
this allows you to buy and sell items. The second step is to setup a
PayPal account this is the most common way to pay for products on eBay,
It is a secure website where you can link your credit/debit card too or
deposit funds into your PayPal account.
Buying
on eBay - to buy on eBay you have to bid on items (unless the buy it
now option is available) each item has a time until the auction
finishes e.g. a week. If you really want an item just click add to watch
list (this will watch the item until the auction runs out) and wait for
the time to near its end, this is the best way to buy because bidding
early on items raises the price if there are more than one interested
eBayers. All searches on eBay can be refined using the left hand side
toolbar where you can change the maximum price of the product displayed
etc.
Selling
on eBay - this is what most people are interested in, making money. You
have to make sure that you have a good quality item you're willing to
sell, whether this be found in your house or bought from a garage sale
(car boot sale for UK’ers) you need to make sure that the item is
wanted.
How do I know if item will sell?
This
is the most commonly asked question, to find out search the product
you're going to sell. e.g. dog chew toy and select the completed
listings option located on the left hand side toolbar, this will show
you the recently ended listings, if the price is coloured red then the
item hasn't sold if its green than it has. Now there may be a lot of
unsold listings don't worry about this can be due too a lot of different
factors for example postage costs, too expensive, damage etc. Always
check the listing for any of these signs that put buyers off.
Selling Rules:
- List items professionally - no spelling mistakes or bad pictures.
- ALWAYS include a picture, people don't tend to buy things they can't see.
- Start the bidding low - if you're selling an iPad and list it at £0.99/$0.99 it's going to catch peoples eyes.
P.S I will do future eBay tips and tricks (just the basics for the moment)
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