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Beginner's Guide To Selling On Ebay

Beginner's Guide To Selling On Ebay

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Beginner's Guide To Selling On Ebay

Länge:
169 Seiten
2 Stunden
Herausgeber:
Freigegeben:
Dec 20, 2020
ISBN:
9781393522324
Format:
Buch

Beschreibung

UPDATED FOR 2021!!!

Have you always wanted to try your hand at selling on Ebay but weren't sure where to start? Then the Beginner's Guide To Selling On Ebay is just the book for you! Author Ann Eckhart, an Ebay Powerseller since 2005, walks you step-by-step through the entire Ebay process, including:

  • How to set up your Ebay account
  • What equipment and supplies you need to sell on Ebay
  • What items sell best and where to find them
  • How to resell secondhand clothing on Ebay
  • How to photograph your items
  • How to write Ebay listings
  • Ebay shipping made easy
  • Processing your orders
  • Customer service and troubleshooting

Whether you just want to sell things from around your home or you want to pursue a part-time or even full-time reselling business, Beginner's Guide To Selling On Ebay will have you flipping items for profit in no time!

Herausgeber:
Freigegeben:
Dec 20, 2020
ISBN:
9781393522324
Format:
Buch

Über den Autor

Ann Eckhart is a writer, blogger and bargain hunter who lives in Iowa. She has written a number of books on topics ranging from Ebay and saving money to self-publishing and Walt Disney World. She maintains a popular blog (www.SeeAnnSave.com) as well as an active YouTube channel. You can connect with her on Facebook, Twitter, Pinterest, and Instagram under the name "See Ann Save".

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Beginner's Guide To Selling On Ebay - Ann Eckhart

List

TABLE OF CONTENTS

INTRODUCTION

CHAPTER 1: GETTING STARTED

CHAPTER 2: EBAY SELLING ESSENTIALS

CHAPTER 3: WHAT SELLS ON EBAY

CHAPTER 4: RESELLING CLOTHING

CHAPTER 5: PHOTOGRAPHING & LISTING

CHAPTER 6: EBAY SHIPPING MADE EASY

CHAPTER 7: PROCESSING YOUR EBAY ORDERS

CHAPTER 8: CUSTOMER SERVICE & TROUBLESHOOTING

CONCLUSION

ABOUT THE AUTHOR

INTRODUCTION

I have been reselling on Ebay since 2005, and I have been educating others about selling on the platform for nearly as long. I have written several books and produced hundreds of YouTube videos teaching people about how to make money on Ebay; and I have also created hundreds of social media posts about reselling on Facebook, Twitter, and Instagram. However, out of all the Ebay content I have produced over the years, this book is far and away my best seller because it teaches people EXACTLY how to source, list, and ship items on Ebay!

While it is easy to tell people just to log on to Ebay.com and follow the on-screen instructions to learn how to list items for sale, those who have no experience with the Ebay website often want someone to walk them through the entire process. And that is what I will be doing in this book, walking you step-by-step through everything you need to do to get started selling on Ebay. From where to source and how to photograph, to how to list and how to ship, after reading this book, you’ll be able to begin making money selling on Ebay immediately.

I began my Ebay journey when I tried to liquidate some inventory from the first company I ever started, an at-home gift basket business. After a busy Spring season, sales slowed down during the summer, and I found myself with excess supplies that I needed to move. And despite having had a previous bad experience using Ebay, I decided to give the site one more try in order to clear out some of my business items. I initially only listed a handful of things, but I was shocked at how quickly everything I listed sold and how much money I made. I not only made back my initial investment, but I made a profit. After only one week of selling on Ebay, I was hooked!

After moving my excess gift basket inventory, I then sold unwanted items from around my house. After selling my old work cloths along with books I had already read and CDs I no longer listened to, I was desperate to find more things to sell. I began searching through my gift basket suppliers' wholesale catalogs in search of other items that I could potentially sell on Ebay. I started ordering stand-alone gift products such as ceramics, books, collectibles, and plush toys, all of which sold much faster and for more money than my gift baskets had. My sales were so strong that by the end of the year, I ditched my gift basket business and started my Ebay store, selling new gift items that I shipped out to customers around the world.

After several years of successfully selling gifts, first on just Ebay and then expanding to include Amazon, I found myself suddenly being squeezed out of the market as more and more people turned to selling online, sometimes even the wholesale companies I had been purchasing my inventory from. Desperate to save my business, I knew that I needed to find something else to sell; and that is when I turned my attention to learning about reselling secondhand items from estate sales and thrift stores. Reselling vintage items became much more profitable than the wholesale products I had been dealing with. And within a year from first starting to look beyond new gift items, I officially stopped purchasing goods at wholesale and was only selling vintage items and pre-owned clothing on Ebay.

In a matter of seven years, I went from a home-based gift basket business to an online gift and collectible business and then to an online vintage store. It was a whirlwind, and I indeed bought my education as I taught myself how to sell on Ebay through trial and error. And now, I am sharing everything I have learned over the years with you!

This book is strictly geared for beginners, people who have never used Ebay, those who have only barely bought or sold anything on the site before, and those who have tried to use the site without much success. I will be going over the basics of selling on Ebay, walking you through setting up your account, finding items to sell, taking photographs, creating your first listings, figuring out shipping, and packaging up orders. I will also share tips and tricks for dealing with problems, communicating with customers, and managing your Ebay account.

In my opinion, Ebay offers you the best opportunity to get top dollar for your items. As the third-largest online shopping site (behind Amazon and Walmart), Ebay allows you to offer your goods to millions of customers around the globe. While you might get a quarter for an old CD at a garage sale, you may be able to get $10 or more for it on Ebay. In fact, once you know how to sell on Ebay, you will be able to scrape together cash in a pinch. If an unexpected bill pops up, you will be able to pull some items from your closet to sell to pay that bill fast. Knowing how to sell on Ebay provides you with an added layer of financial security; I genuinely believe that schools should teach kids how to sell online as it is something that can come in handy for anyone at any stage of life.

Ebay is a unique marketplace with its own particular learning curve to master. However, with this book, as well as with a little time and practice, you will be selling on Ebay and making money in no time. I know that Ebay can seem overwhelming at first (even I was scared to use it before I started my business), but once you have a few listings under your belt and have shipped out a couple of orders, you’ll realize how easy it is. And if you are like me, you will wonder why it took you so long to give Ebay a try!

CHAPTER 1: GETTING STARTED

Ebay debuted in 1995 as an online classified ads marketplace. It offered people all over America the ability to list items they had for sale and sell them to customers in every state.  When Ebay first started, it was an online auction site; people put their things up for auction, and customers bid on them. The highest bidder won the item, paid the seller through Ebay’s payment system, PayPal, and then the seller shipped the winning bidder their merchandise. In the beginning, customers were also able to bypass PayPal altogether and mail checks to sellers, and sometimes they even sent cash!

After initially being only available in the United States, Ebay quickly expanded to sellers and buyers worldwide. While auctions and antiques remain what the site is known for, these days, sellers large and small can also sell both new and used products through Ebay at what is called Fixed Price,; i.e., the seller sets the price, and there is no bidding. I sometimes miss the days when you could start every item at a 99-cent auction and watch the bidding go up and up! However, those days are long gone except for scarce, in-demand collectibles. Nowadays, Ebay is mainly a buy it now shopping site, just like Amazon, Walmart, and other retailers.

One thing that has always been unique to Ebay was PayPal, which was Ebay’s payment processing system. For buyers to shop on Ebay, they had to have a PayPal account. PayPal allowed buyers to set up multiple funding sources, everything from their bank accounts and their own PayPal balances to their debit and credit cards. Sellers also had to have a PayPal account to facilitate their orders and to get paid. PayPal was the payment system that everyone on Ebay, regardless of whether they were buying or selling, HAD to use.

However, in 2015, Ebay and PayPal split, becoming two individual companies with no ties to one another. And while Ebay continued to rely on PayPal as their payment processor for several years, in 2019, Ebay introduced its own payment system, named Managed Payments. Managed Payments works just like any other payment system on any other website does; now, instead of Ebay customers needing to have a PayPal account to shop on Ebay, they can simply enter their preferred method of payment at checkout right on Ebay’s site.

Ebay has been slowly moving sellers into their Managed Payment program, and they claim that all sellers will be enrolled by early 2021. I, myself, was forced to enroll in Managed Payments in July of 2020. So, my Ebay sales no longer run through PayPal; now, all of my financials are handled strictly through Ebay. While buyers can still use PayPal to pay, they are no longer required to do so. They can enter their preferred debit or credit card right on Ebay during checkout. And for me, I now receive my payouts directly from Ebay. I will discuss Ebay’s Managed Payments and how sellers receive their funds later in this book.

I have been selling on Ebay since 2005, and I have shipped items to every corner of the globe. When I first started selling on Ebay, it was one of the few online shopping sites on the internet, meaning you could sell nearly anything on it. In fact, when I started to sell online, Ebay and Amazon were pretty much the only two e-commerce sites available to sell or buy on. Today, however, Ebay competes with not only Amazon but also Walmart for the top marketplace spot. Plus, nearly every retailer, both large and small, has its own website. And sites like Poshmark, Etsy, and Mercari are only making the online selling landscape even more crowded.

The competition between online sellers is much more fierce than when I first started selling online. Therefore, the types of items that sell and the methods in which they sell have also significantly changed. Many sellers now turn to Amazon to sell their new goods, while Ebay is more centered on secondhand items. However, while things may not always sell as fast as they once did on Ebay, you can still sell almost anything there, new or used.  And, more and more companies are expanding on to Ebay with their new goods. And with shoppers no longer needing a PayPal account to shop on Ebay, the site is much more user friendly and accessible. Today the sky’s the limit for what you can sell on Ebay, whether new or used, and the customers are just as diverse as the offerings.

Despite the competition, Ebay is still the number one site for individuals, not companies, to sell their items to people worldwide. While it is much larger than it was in the beginning, at its core, Ebay still functions like the world’s largest flea market with items of every type and at every price point available. Ebay continues to expand and improve, giving sellers like me confidence that they will be around for years to come. With nearly two hundred million registered Ebay users, there are still plenty of opportunities to make money on Ebay.

Why sell your items on Ebay as opposed to a garage sale or consignment shop? Hands down, you will get the most money for your items on Ebay versus selling them locally. As I mentioned earlier, there are nearly 200 million registered Ebay users, meaning there are 200 million more chances to sell your items.

Let’s say you have a rare collectible to sell. While only a handful of people will come to your garage sale or enter your local consignment shop, on Ebay, your item is available for purchase to the millions of Ebay account holders around the world. You only need to wait for that one buyer to find your item for you to get top dollar for it. The chances of that same buyer coming to your garage sale are slim to none, but the odds are much better than the customer will find you on Ebay.

While Ebay does charge fees for both listing items and selling them, these charges are much less than an auction house or consignment shop would take. I have things in my Ebay store that I would be lucky to get a quarter for at a garage sale but sell for $20 and up online.

As I mentioned in the Introduction to this book, learning to sell on Ebay provides you with a certain financial protection level. Once you know how to sell on Ebay, you can sell your unwanted items for top dollar at any time, raising cash quickly if the need arises. While you could maybe earn a couple of hundred dollars fast by selling your stuff at a garage sale, you can definitely rake in a few thousand dollars for those same items after a couple of weeks of them being listed on Ebay! Most people who sell on Ebay got their start by selling their unwanted possessions from their own homes. And once they were hooked on selling off their own stuff, they started searching thrift stores and garage sales for more items to flip.

If you are already selling on Ebay, you have both an Ebay account and a PayPal account, or you have opted into Ebay’s new Managed Payments program. However, if the whole Ebay process is new to you, you’ll want to follow the following four steps before you embark on your own Ebay business.

STEP #1: SET UP YOUR EBAY ACCOUNT: Signing up for an Ebay account is the first step towards starting an Ebay business. Ebay makes this process very easy; simply visit Ebay.com and click on Register in the top left corner of the page to get started.

Note that you will need to provide your Social Security number and banking information when creating your Ebay account, either a bank account routing number or a credit card. The Social Security number is for tax purposes; if you sell more than $20,000 a

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