Little Earner » Make Money on Ebay

Make Money with ebay | Take Advantage of Sellers Mistakes

Dan — Fri, 20 Nov 2009 09:38:08 +0000

People who sell on eBay sometimes get it right. They use good keywords, strong sales techniques and offer a decent price that undercuts the high street shops. Other eBay sellers, however, make a mess of their sales adverts. They write poorly, with numerous spelling and grammatical errors and worst of all, list their items in a difficult to find category.

These sellers will not only waste their money on eBay fees but will probably end up re-listing the same advert many times over until someone finally sells it. They will take any low bid, as eBay winners are bound to a contract anyway, and think they have finally sold that pesky item. Buying products at low prices, which is sometimes easier from public sellers not big companies and then selling higher, using a proper sales technique and listing it in a few relevant categories can see big profit margins.

You may think eBay is past its best now and has been ruined by foreign products, spammers and bad sellers. However, they do still offer an amazing platform to shout about your business and sell items in bulk quickly to make good money from online selling.

Let’s say we use eBay to sell the items you buy. There are so many more auction sites and free classifieds websites to choose from. You can pick up bargains from lots of places to sell on at a higher rate. The key things to note are:

You need to know the product inside out. What it is worth and what people buy it for.
Quick transactions and having a float or cash fund to buy products when they pop up out of the blue. This always happens at bad times, so prepare for it.
Keep the stock moving. Once you buy it, try to have a seller lined up.

Use traditional methods to find second hand or cheap goods. Look in your local newspapers, free ads papers and even in supermarket message boards. These are where you find those gems, the Hasselblad 2000FC/M camera for £100, or a classic car such as a Fiat 500 kept garaged from the 1960s for a few hundred pounds. This is where the money is. Some people do not know the value of their items. So pick a subject matter you know lots about, or just simply learn one, stick to it (at first) and watch the profits come in.

Keeping your mind set on making a profit is the main factor. Even if it is a small one, an income is an income. You don’t need to get greedy, just make a few pounds on each item.

Copyright © 2012 Little Earner. This Feed is for personal non-commercial use only. If you are not reading this material in your news aggregator, the site you are looking at is guilty of copyright infringement. Please contact legal@www.littleearner.co.uk so we can take legal action immediately.
Plugin by Taragana

Make Money with eBay : Changes

Dan — Mon, 15 Jun 2009 10:33:27 +0000

Ebay has announced it’s latest scheduled ammendments in the first of this years bi-annual changes. I’ve compiled a short list of the main changes along with the implications for the buyers/sellers.

BUYING IMPROVEMENTS – New item page, basic photo zooming, catalog-pages, multi-sku/variations (there are like 10 names for this one), buyer incentives.

Buyers – These are all good improvements for buyers. I’m not sure about the catalog pages yet as I don’t know how well consumers like them – they are definitely more of an attempt to “amazonifi” eBay.

Sellers – ‘Catalog’ is going to require a good bit of work for sellers not already using that system. However multi-sku is going to be a huge, Huge, HUGE change for sellers. I’ll do a separate post on this.

TRUST – Two big changes here, first is eBay are going to make it much easier for buyers to ask for and receive returns. There will be a common area where you can say “I want to return xxxx”. This is going to be a big change for sellers – many of whom will fight tooth and nail to not take any returns. This will also effect the many ‘as-is’ sellers on eBay.

Second, there’s the “eBay Resolutions”. This looks set to be a big one as it looks like eBay is moving to guarantee EVERY transaction.

Buyers – The proof is in the pudding, if this makes the return and/or disputes easier then it will definitely work out better for the buyers. If it rolls out with tons of caveats and limits and 10 step processes, it will be negative though.

Sellers – The ‘resolution’ part is going to put eBay in the middle of more disputes. eBay+paypal are known for quickly siding with buyers and then deducting the amount from your PP account. Sellers are going to hate that aspect of this -especially smaller sellers. Smaller sellers are going to really dislike the return policy and when you make returns easier and in buyer’s faces, returns spike up.

Saving Money on eBay

Dan — Sat, 10 Mar 2007 14:48:19 +0000

Sometimes you find something on eBay that you really want, but don’t want to pay a fortune for. If you leave it until the last minute, you can reduce the chance that someone will outbid you. This is called sniping. It’s not a nice thing to do, but it is very common.

With Auction Sniper, you can automate the sniping. You can just set and forget the timer, and it handles the rest for you. You get 3 free snipes, and if you refer your friends, you can get even more free snipes!