Welcome to part 2 in my series "How to Make Money Selling Online on eBay". My feedback score is 99.4% with 920+ positive comments from my Customers. I'm making money while having fun! In this article we'll look at your "eBAY FINDS"! In my last article I asked you to scout around and find a few small, light weight items hiding around the house that may be good eBay candidates. Now I'll help you get prepared to make money with these items online, on eBay! Remember, if you're a Craigslist junky, think eBay. Same idea, greater exposure, and bigger bucks!
Step 1: Selection.
The first item you put up for auction should be small and light weight. The reason I suggest your item be small and light weight is that you will be SHIPPING your item to your buyer. No use choosing something big and bulky to start with.
A smaller package offers you the ability to take advantage of USPS Flat Rate Priority boxes. Did you know that these boxes, and all sizes and shapes of Priority boxes are all free? The Flat Rate boxes are great because you can stuff them and it doesn't matter how much the contents weighs. What a deal! Even better, the post office will even ship these boxes to your home free! I hate dumpster diving for shipping boxes. I love USPS free boxes. And there's more! Did you know that the post office will even pick up your packages? That saves you valuable time and money. Based on what you found to sell, see if any of their free boxes will meet your shipping needs. Just Google and search for USPS.
Step 2: What's it worth to you?
You have to determine your items value. Is it a family heirloom? Is it an antique or collectible? Is it really yours to sell, or does it belong to someone else in the home? It is just a dust collector or space hog? These questions will help you place a value on the item. This is the item's "personal" price tag.
Step 3: What's it worth on eBay?
Next you will log onto eBay and search for your item or a similar item. Just type "eBay" in any search box. You don't need to register yet. I want you to just play around searching for a like item for now. Search in "all categories". Jot down or make a mental note of what your item is listed for. Next go to the advanced search (right next to the large search button) and check off "completed items". Jot down or make a mental note of what your item actually sold for.
Step 4: What price are you willing to let it sell for?
Somewhere is the middle of the current listed prices you found, and the completed listing prices you found, will be the amount you choose to list your item for. This is where the "personal" price tag come is. You must understand that if you list your item for $19.99, and it sells for $19.99 there's no turning back. You are committed to the buyer. So pricing carefully is important. You don't want to list your item so high that it will keep buyers from bidding. However without some selling experience under your belt, you don't want to go too low and risk a give-away. It's a balancing act.
I gave you lots to think about and another task. So while you're doing that, I'll take care of some business at home. Look me up for the next step you'll need to know to get starting selling online on eBay. I'll check in with you later!
Things you'll need:
- DESIRE to make extra MONEY at home, in your spare time!
No comments:
Post a Comment