The popularity of eBay continues to grow each day as more people realize that it is a great way to buy things. People are becoming more aware of the fact that the prices that they can pay for products on eBay are often much lower than elsewhere and the quality can also be very good. Selling products on eBay can make you a lot of money but you must know what you are doing. EBay is now a very competitive marketplace and it is important to develop a thorough understanding of how to sell products on eBay before you start. Initially you will of course have to sign up and then either generate a sale or make a purchase. Once this happens your status will shift to ‘verified’ and this will allow you to get feedback from other sellers and buyers. Feedback is critical to your success and it is important to have a hundred percent positive feedback ratings for maximum success.
It is important that your product descriptions are accurate and not misleading in any way. Keep in mind that even 1 negative feedback can make a big difference to your sales since most people only buy from those that have 100% positive feedback ratings. Accept as many different payment methods as possible but be sure to definitely have paypal as most people trust it and use it often.
Product selection is critical as you need to make sure that the product you pick will profitable. You need to find wholesalers that will sell you quality products at low prices, also try to look for drop ship wholesalers as they will also ship the product to your customers. Use the history check feature and look for products that sold well in the past and use them as hints as to the kinds of products you need to sell.
It is a good idea to look for products that are somewhat unique and are not being sold by too many other sellers. This will help to get you high bids as you will be one of the few that offer that kind of product. Do not rush the research phase as it is critical. Selling the right kinds of products can make all the difference.
Seriously consider taking advantage of drop shippers as this will save you time and space as you will not need to carry any inventory or do any shipping of your own. Find as many drop shippers as you can and use your common sense in deciding which ones are worth using as far as their commitment to product quality and customer satisfaction. Be very selective about your drop ship sources.
Remember that if you use poor quality drop ship wholesalers then this will reflect in your account as buyers will leave negative feedback and you want to avoid this at all costs. Buyers want to know they can trust the seller fully so having a perfect feedback rating helps to build trust. It is best to avoid the ‘Buy it now’ feature at the start and instead use the auction format. Keep in mind that people do come to eBay to bid and try to get a deal so let them do just that. Also do not start with a very high initial bid as that will keep bidders away from your products so keep your initial bids low.
The eBay official site can be a great source of information to learn how to sell products there. Read through the faqs on their site and most important learn from your experiences. Many people are making lots of money on eBay so stick with it and become a specialist at that if you really want to succeed big. Do not try to do every kind of thing to make money online. Pick one approach like affiliate marketing or eBay marketing and stick with it until you make it work.
Posts
