Sunday, October 7, 2012

How to get started on eBay

           I often speak with individuals who would really like to sell on eBay and make money online.  Typically, I hear the same exact thing again and again, "I don't know how to get started."

          Well here are the very most basic steps of getting started on eBay.  I believe that anybody who has even half a brain can sell on eBay.  If you really want to make great money on eBay it will take some time.  The great thing about selling on eBay is that you can learn how to be successful, it's not a lottery favoring a certain few.

eBay. First of all, click here to Set up an ebay account. At the very top left of the page you'll see where you can Set up an ebay account. It's FREE!

PayPal.  You now need a Paypal account to make sure that you can get paid for items you sell and pay for items you buy.  Sign up for a Paypal account here. It's FREE! After clicking the link, look for the sign up button in the top right corner.

If you haven't set up your eBay account or Paypal account, take the time now to do so before continuing on.

       Now that you have set up your accounts, you are ready for the next steps.

Feedback. Because you are new to eBay, you do not have a reputation of being a good member, yet.  You'll need to get your feedback score up to about 5 or 10 before you start selling any items. A feedback score is basically a score given to an eBay member according to buying and selling transactions that he or she has had with other members on eBay.  When members have good experiences, they leave positive feedback.  When members have bad experiences, they leave negative feedback.  YOU DO NOT WANT NEGATIVE FEEDBACK, it will kill your chances of selling any items on eBay. You can find your feedback score next to your user id when logged in to eBay.

Start Buying. Start buying really inexpensive items on eBay.  Buying items between $.01-$.25 cents total (includes shipping) is the fastest and cheapest way to raise your feedback score. (CLICK here for current inexpensive penny auction items on eBay). 

          After you have received some feedback, you are ready to start listing and selling items.  Read the next blog posts by clicking on them here: "what to sell" and "how to list an item.  

        If you are interested in a book about selling on eBay, I've found this one to be really good "The Official Ebay Guide to Buying, Selling and Collecting Just About Anything By Kaiser, Laura Fisher/ Kaiser Laura Fisher/ Kaiser, Michael B.