eBay is also a place where there are a lot of people making money online. If you utilize it properly you can make money off eBay really quickly and a good amount. The first thing you will have to do to sell on eBay is to make and open an account. After you have done this you will have to open a seller account. A sellers account is really simple to make and you just have to provide some simple details. eBay will then ask you to provide a phone number so they can confirm if it is you selling. Provide a phone number and confirm that it is actually you and you are ready to start!
Anyway lets get back to the main topic, how to make money on eBay. There are millions of people making money on eBay each and everyday and you can too, you just have to avoid the common mistakes that everyone makes.
Spelling Errors
Some sellers normally make errors in their title and either spell the name of the product wrong or list a completely useless title that no-one will search for. It is your job to look for these and grab a bargain! For example if you are looking for a iPhone, someone might of spelt it 'ifone'or 'iPohne'. These is one of the easiest ways to profit of someone who has made a genuine mistake.Bulk/ Job Lot
Buying in bulk has many advantages. Firstly if you buy in bulk you usually get the product you are looking for at a much cheaper price However when searching for Job Lots you will also find faulty items with the items with spares or repairs. For example when searching for job lots you could search for 'mobile phone job lots' or just 'job lots'. Some items may be faulty but if you know how to fix items then you could make a tidy profit. |
| You can buy and sell almost anything on eBay |
10 Items that Sell on eBay According to eBay Pulse
These are some of the products that sell well on eBay. eBay Pulse shows the most searched for items. This doesn't mean that they sell well, but they are well searched for.
- Routers
- iPhone 4S (unlocked)
- Xbox 360
- iPod Nano
- PS3
- Headphones
- Blackberry
- Coach
- Macbook
- Nintendo 3DS
These are just some ways you can use to make money on eBay. eBay isn't necessarily something easy to make money on, however if you persist at it then you will start to see results.
In order to maximise your profits and make money on ebay you must learn how to buy low and learn how to sell high, believe it or not with a good auction listing you can earn as much if not more from a second hand product than you can from a brand new item, this is the key how to make money on eBay.
Learning how to buy low empowers you to sell high, learn from the mistakes people make and use proven techniques to sell their items at high prices and earn money from ebay by buying low, re-listing the items and selling high.
To buy low and start yourself on the track to make money on eBay you need to find badly worded or items with spelling mistakes in their titles and use software called auction snipers to ensure you get the items at the last possible auction moment for the lowest price.
Auction sniper programs are available at a very low cost per snipe, the best one I have ever used is called AuctionSniper (use Google to find). To find products with spelling mistakes there are freely available websites that will turn your correct spellings into common mistaken spellings and find the items on eBay for you again the best I have used is Goofbid(www.goofbid.com).Once you have sourced and bought items at low prices, how do you sell them for profit and make money on eBay?
In order to successfully make money on eBay through selling your items the single most important part to get correct it to get the title correct for your listing. This is what eBay matches the majority of people selling to your items. Here is an example of two listings :
Ipod Nano 4GB
New Apple iPod Nano 4GB Black MP3 Player (I Pod 4 GB)
The first item description is how the majority of sellers list their items; the second description is how people who want to make money on eBay list their items.
The reason being you are covering more potential search terms with the 2nd title so you are giving yourself the best chance of a bidder looking for your item, you will get approximately five times the traffic than you would from the 1st listing title, that is potentially five times the bidders or five times the chance of someone clicking the BUY IT NOW button.
This is your key to help you make money on eBay; The key is all in the titles, there are hundreds of more tips to help you make money on eBay and I will be writing more guides with tips and techniques of squeezing every last penny out of your auctions.
If you have any of you own advice and tips on how to make money on eBay or if you would like to share your own experiences, then please comment. If you enjoyed this article and found it helpful please share it. Also remember to subscribe RSS Feed for all the latest updates from us. Like us on Facebook and Follow us on Twitter.
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