May 3, by Andrew Minalto Comments. People who have lost their jobs or students who are simply students! People are very wary of buying anything from an account with 0 feedback!

The easiest way to get this done is by buying some cheap stuff on eBay in the first place. Just make purchases and get your first feedbacks. Many sellers will leave automated feedback when you make payment OR when you leave positive feedback for the seller. So what you want to do is simply buy the item, make payment and leave positive feedback straight away.

Here is a sample message that you can use for this:. I recently purchased this item from you and have left you positive feedback. I would be most grateful if you could do the same for me. This process will take just a few minutes in total.

4 Ways to Make Money on eBay - wikiHow

Anatomy of a Perfect eBay Listing. Once you create your first listing, then you can simply duplicate that listing for all the other items you sell. Even a decent, modern smartphone with a good camera is okay to use. Most importantly — I DO NOT recommend using any stock images images from Google etc.

Not some fancy stock images! Okay, so once you have mastered the art of creating listings that sell, you can actually start selling! To get some practice, start with unwanted items you can find around your house. Anything that is gathering dust on your shelves will be perfect for this task! The main idea here is to get you some experience before you move onto selling money making items. You can start off directly with money making items.

But if you already have an established account with at least feedbacks AND know how to take good pictures and create listings, you can skip this step completely and move onto…. The idea behind the Used Goods Concept is very simple — you buy undervalued used items on eBay and sell them back on eBay for a healthy profit.

First of all, this market is massive. What you do is simply check Amazon or any other large online video game shop and pick one popular game to start your research. It can be any console and any game, not just the latest releases. Now, my task is to determine the TRUE market value for this used game.

The first step in this process is to get some invaluable data for our item using…. What is Terapeak you may ask? Grand Theft Auto 5 for PS4. The sell-through rate is VERY IMPORTANT as it tells us how much demand there is for this item on eBay.

You really need products with a high sell-through rate to make this work. Total Sales — this shows the market size for that particular item or to put it simply, how much money was made in sales for this item over the last 30 days. While Terapeak does give very accurate numbers for total sales, the amount of competition and the sell through-rate, we want to manually check the REAL target price we can expect to achieve selling this item.

Because the average price in Terapeak is exactly that — an AVERAGE! Many people are not aware of this handy eBay feature! To access this tool, simply click on the ADVANCED button, located next to the main search box.

Then you can quickly browse through the latest listings for this item that have already ended. Next step is to determine your profit goal. Then there will be the eBay Listing Fee, Final Value Fee and the PayPal fee. I like to keep things SIMPLE! I have put together a special EXCEL spreadsheet for people who hate doing maths like this.

You can download it by clicking on the image below:. It depends on the niche, the item and your ability to create the best listings possible. You may now be wondering — how can this even work at all? The thing is — eBay is full of both professional and amateur sellers. Used goods in general attract more amateur selling — ordinary people who use eBay just to get rid of old stuff.

And with this business model you can take advantage of them! These 3 points make these sellers vulnerable and an easy target for business minded people like you and me. Okay, so now you have to start looking on eBay for a used item that meets your set criteria maximum purchasing price. You can do this in various ways:.

Apply the used items filter and sort all results by lowest price first. See whether there are any listings that meet your buying criteria. Look for low price BIN and Best Offer listings first. If the BIN price is below your target price, purchase the item. If there is a Best Offer option, offer your target buying price as the offer. The Best Offer strategy works best with newly created listings, so for this, sort all listings by creation date to see which were added most recently.

The majority of listings will be auctions. Just put your maximum bid in that will be your target buying price and let eBay manage the bid for you. It will increase your bid up to your maximum setting each time someone else bids on that item. This is THE BEST and basically ONLY way to make this system work properly.

An automatic bid means that the auction sniper will place bids for you, in an automated and rather smart way — by placing your bids at the very end of the auction, before it ends, so that no one can out-bid you. You can read more about how this works in my Auction Sniper reviews guide: Another great and FREE tool you can use when working with this eBay business model. Stuff Alert will send you daily emails based on search criteria you have specified.

For our example, Grand Theft Auto 5 for PS4, you can set up an alert in Stuff Alert so that it sends you an email when new listings are posted. Ideally, stick with items that are described as new or slightly used.

This is CRUCIAL to make this system work as you want to automate as many tasks as possible. The pot of gold with this concept actually lies not in single items, but BUNDLES! Yes, you can make a phenomenal profit by applying the same system to bundles. All you do is purchase such a bundle and list each item separately to get the maximum market value.

If it gets refused, increase your bid a little and make another Best Offer. Do this until you have reached your maximum buying price. There are more than items in this bundle, some of which are selling for 10 quid alone on eBay. Toys, Blu-rays, DVDs, video games, clothing — these are all perfect items for bundle hunting and there are thousands of these listings available on eBay, each and every day!

Quite often a bundle looks great, but when you actually calculate the average market price for each item, the total value is actually not that high. In fact, using the methods listed below you can get even better deals:. Gumtree — this is a superb source for getting cheap stuff locally to resell on eBay. Who posts on Gumtree? People who are too lazy to put a listing together for eBay. Or people who hate eBay.

The good news is that when buying locally, via ads on Gumtree, you can always negotiate the price down to ridiculously low amounts. Especially if you buy bundles of bulky items or heavily-used items. Also use this opportunity to source more goods — for example, you pick an ad for 3 used Blu-rays.

You go and meet the seller to buy these films. On the spot you ask whether the person has any other used items for sale like video games. You give your offer price and most people will be happy to get some extra cash, right on the spot. Friends — yes, why not? Ask your friends, work colleagues or neighbours whether they have any unwanted items they would love to get rid of. MOST people will be happy for the opportunity to make some ready cash for basically nothing.

Local Ads — check your local newspaper for the classified ads section. An even better way of doing this is by putting up your own ad, something along these lines: This method alone can be a real goldmine! You can put an ad in the local newspaper, create a Facebook page or get some business cards done so you can leave them with your customers.

Even a promotional flyer in the local community can work brilliantly for this concept. You can target your Facebook ads down to street level — the opportunities are endless here! When making any purchases away from home, always be sure to check what the average selling price is for that particular item on eBay. You can even use Terapeak in this way. And for you to be able to reach your target selling price, you have to create perfect eBay listings that really sell your item!

As for the product pictures — this is really easy. Even more — people want to see REAL images of the item, taken by you! NEVER use stock pictures when selling a used item! Take your own pictures, several of them. Ideally images per listing. If there are any defects or scratches make sure you take photos so that these defects can be seen. Again, this one is very easy with used goods. All you have to do is say what the item is AND perfectly describe its condition.

As for the best listing time and format. I would definitely recommend using BIN listings when you list your item for the first time first 7 days. Best listing end times — they vary from item to item and you would need to use Terapeak to find out the best selling time for your particular item. BUT in general a good guideline is to end your listings on weekdays, between PM.

There will be exceptions, of course — for example, baby toys. These you would probably list to end during the day as most mothers will be staying home to take care of their babies and maybe they only have a spare minute to check eBay at 11AM.

Again, Terapeak is a great help in finding the best listing times. If 7 days pass without the item selling, simply re-list it at a slightly lower price. If the same thing happens for a second week in a row very unlikely you should just reduce the price to your break-even point and re-list it for a third time.

At this point you just want to get rid of the item without losing money and without wasting any more time. Please make sure you learn from every such situation.

What did you do wrong? Was your pricing correct? If possible, use free shipping add the shipping cost to your final selling price as this gets your listings featured higher in search results. Always pack items in suitable packaging materials — cardboard boxes, mailing bags, jiffy envelopes. You can get all of these materials cheaply right on eBay itself.

While I have used a PS4 game as an example throughout this post, video games actually do not represent the best ROI for this system. In a lively marketplace like this the final selling price is usually not as flexible as with other products. For this reason, I highly recommend that you look into OTHER products!

Products that are not as obvious as video games or Blu-rays. Just to give you a few good examples:. Sports equipment is a very good niche to research. We all know that person who gets really into a new sport and buys all the equipment, just to get bored after a few weeks and list it all on eBay.

You can even create a full time business in a niche as popular as this. Hobby type products are perfect for this too. Just like with sports equipment, many people get excited about new hobbies and purchase all kinds of tools, materials and equipment just to realise few weeks later that this is not for them. Again, a typical situation and opportunity for business savvy people.

The more expensive the items are, the more people look for second-hand versions. Take for example the PRINTING industry. There are dozens of companies in the UK who deal with used guillotines, presses, printers, digital printers etc. As not everyone can afford to buy brand new equipment, these companies act as middle men and make thousands in a single sale. Still — there are plenty of opportunities, you just have to look for them.

If you go down this route, you can also check out clearance companies who sell pallet loads of broken items mostly catalogue returns etc. There are really no excuses anymore! Anyone can follow this system and make money on eBay without investing huge amounts of money in wholesale stock.

Yes, this system is time consuming the buying part but the pay-off is not too bad either. If you can dedicate more time to this, you can actually achieve a full-time income using this business model. Remember, this is all about VOLUME! You want to research as many items as you can and then bid on multiple listings using Auction Snipers!

You will win only a small percentage of auctions but when you do, profit is almost guaranteed. If you plan to do this on a serious level, ideally you will need two eBay accounts — one for buying and one for selling. The main purpose of this system is to give you the ability to start with limited funds quid is all you need and build it up from there!

And then you can start looking for the best products to sell on eBay by importing them from China! With that being said, even this used goods business model can be turned into a full-time venture, with an office, warehouse and staff to do the hard work for you.

Make sure you have a quality control system in place AND make customer support your priority; this is crucial when you sell used items on eBay. You should have a no questions asked returns policy to minimise the risk of getting bad feedback based on the condition of goods. Obviously, I could go on for hours and hours about this topic, the best selling practices and so on, but I hope the quick overview I gave you in this post is good enough for you to get started. Then I recommend you check out my Easy Auction Business video course.

ALSO you will get FREE access for life! Your email address will not be published. June 20, at 3: Hi, Andrew I must say you sir are a Goldmine with so much info and it shows you certainly have grasped firmly this Ebay business. I am humbled by all this knowledge and glad I found this site…. June 20, at 7: June 14, at 3: June 14, at 6: April 20, at I have a feeling that if I can find the right products to sell then I could easily sell them on eBay.

I have previously sold cars on eBay, gumtree, auto trader and motors to make a living along side running my Italian restaurant.

April 21, at 5: It really comes down to you — IF this, having an eCommerce business, is what you really want, you should go for it! April 5, at 9: March 11, at Does that mean that you are taking an average of items that have not sold? Also, do you include the postage costs when taking an average of the completed sales on the first three pages.

March 13, at 8: February 21, at 3: I mean, what an excellent teacher and so many well written articles, wow. THX so much Andrew for helping all of us noobs, really appreciate it! February 21, at 4: February 5, at I am currently using you excellent!

February 6, at 7: February 3, at 3: Feel like I am taking a risk going self employed vs employed full time but I long for the day when I could be my own boss so what the heck — here I go.

Just a quick question regarding products, if the stock is stuff you have bought a while back and not from Ebay, do you still need to include this into the sales and purchase ledger? January 9, at 1: Thank you Andrew for such informative post I have a question regarding the delivery packing: Or maybe exist other way. January 2, at Firstly i would like to thank you very much for making this easy and understandable.

I really found it very helpful. January 3, at 8: January 2, at 5: As far as buying from China or America like you suggest and buying in bullk, what are products you suggest to sell that have a decent profit margin for somebody who has a decent start up capital?

Hi, this was a great read! Or is it showing completed listings because perhaps the seller gave up and ended the auction? I see some items with their price in green, some with prices in green with a green line through, and others in black and it says no bids. I am assuming therefore that not all the listings it shows actually sold? And what does a green line through the price mean? January 2, at 6: You can set it so that it shows ONLY listings that ended with a sale OR all listings — ones that ended with a sale are in green.

January 1, at 9: Thanks for this article. If this is something that I can make happen I will definitely look into getting your system and having a chat with you to help me set i t up. Secondly — you def. I would recommend you check out my EAB course first — to learn how to start selling on eBay properly:.

December 26, at 6: December 27, at 8: November 24, at 9: I was just thinking, are there any legal aspects to buying like this and selling it on straight away? November 25, at November 6, at 9: Do you think the shipping costs might be way to big for a profitable business? Since my country is basically on the west-edge of europe….

November 7, at 7: Depends on what kind of shipping costs for International Airmail you can get from local post office.

Sell It Now! How to make money on eBay in just 37 minutes

November 1, at Can some of what you have said above apply to private sellers — i. Should I make the listings look nice — i. Hope that makes sense. Get some free templates from SAT and follow formatting principles to create good looking listings:. October 30, at 4: Thanks for the extremely informative post. I shall do a bit more research and put in a bit more effort in selling these games to maximise the amount of profit I make.

October 31, at 6: November 25, at 9: October 26, at 4: October 27, at 7: October 7, at Hi I have some question that are really private. How to become EAB member so that I can chat with you.

Btw your article was so meaningful and encouraging. October 7, at 8: September 14, at 7: September 14, at September 6, at 3: Thank you for this informative article its answered all my questions in opening an eBay shop, not seen any sites explain this well. I do have a question though, are there any legal implications in selling used goods and even new goods to resell for profit?

As in is there any tax implications in selling goods online and do I need to declare to HMRC? September 7, at 6: August 13, at 2: August 15, at 7: July 27, at 8: I am however not a regular ebay user, I have made 1 or two transactions on it within the past 5 years! I do however have a fairly decent budget to start with, so my question is, where would you recommend I start?

July 28, at 7: You can definitely start with this concept, gain some experience on listing creation, photos, general selling etc. July 27, at 9: July 25, at 2: I never thought of bundle buying and separating that bundle for profit. July 26, at 7: June 30, at 7: I am a single mum of 4 and keen to get started. I list on eBay everyday in my job but am looking forward to starting my own business.

July 1, at 7: June 9, at 7: How do i know what to sell in these categories i have no clue where to start! June 10, at 4: Then you look for used versions and run them through Terapeak. Another way to get popular items in any niche is to take biggest sellers in that category on eBay and do Terapeak competitor research which will show you clearly which items are sold most:.

Lastly, you can always check Amazon best seller lists in any product category to find even more idea on what products are popular in that niche.

June 14, at 8: June 15, at 4: As I explain in the guide, games is actually not the best example of this. At least not single, brand new game releases as margins are very smalll on them. If you want to deal with video games, you have to look for older games and most importantly — BUNDLES!

June 6, at I am a 17 year old student and struggling at school mainly due to my lack of motivation, anyway not important, but reading this article has really excited me to think this is possible and I could potentially do this alongside my studies and make this a hobby to motivate me and get stuck into. I currently buy PS4 games on eBay on release day and play them, complete them, then about two weeks later I sell them on, losing a bit of money but I still get to play the games on release.

Until one time where I actually made a profit, and I was actually really happy, the thought that I had bought something and sold it for more almost gave me a thrill, and thought maybe I could take this further and learn more.

So I currently have 30 feedback all positive and really enjoy selling, and I know the games market pretty well I would say. And I have a little experience in selling and customer service and I understand its importance.

Also my dad always tell me to sell internationally as it increases the size of the target market, but with this method is that advisable?

Is it common to find games that have good ROI, or is it fairly rare. Should I be looking for new releases or older games, are new releases more lucrative, or are both as good as each other? I understand this is how to make money while smithing in runescape long response and if you have read this far I greatly appreciate it!

June 6, at 7: Yes, of course — this is perfect for students, people who want a small part-time business to make some extra cash. If you want to concentrate on video games market, I recommend you stick with older titles, yes and even retro games even for older PS consoles.

ROI wise older games will generate you much better profits, especially if you buy them as bundles. June 1, at 6: June 2, at 7: May 20, at If I am based in Ireland will your model still work or should I register with Ebay UK and how may this impact on shipping etc. May 20, at 4: May 6, at 4: Hi Andrew, What a great article I have been buying off eBay for many years and always thought about one canadian forex calgary selling I have bought numerous books etc on the subject but never got around to actually selling anything, it all seemed to long winded and complicated however after reading your article everything seems much clearer and simpler indeed your article cuts through the gobbledygook and gets straight to the important stuff, I shall follow your blog with interest.

May 9, at 4: March 28, at 9: Hi Andrew What a great blog! I have just started a little ebay business selling silicone moulds and baking cutters.

Buy from aliexpress and sell on ebay. The packages are only small but already selling very well. Please can you help me with info on what legalities I should have as I am unsure that I have all the right things in place. March 29, at 7: February 17, at Hi Im already selling on ebay regret havent read ur article ealier, as Ive made some mistakes. Anyway Option put call wiki thinking about starting business and registering as self employed.

What bothers me is tax return…What should I do if i buy stuff on car boot no recipt or sell them on shpock with collection customer paying by cash.

How can i keep a track of them? February 17, at 4: Sole traders can be quite flexible with this — in cases like these, you can create self-serve invoices that documents the sale. You need to speak with an accountant to learn how to properly create such invoices. January 9, at 2: What is the best way to deal with tax? Will I have to declare my earnings with HMRC Will I have to register as a sole trader? Is it best to get a business bank account? January 11, at 5: January 4, at 6: If the auction, what sort of price would you start at?

January 5, at 7: Depends on the item really BUT if you buy used goods to re-sell for guaranteed profit, then you should use BIN listings only — so you know exactly how much money you make once item sells.

November 15, at 1: I am located in Hungary. Do you think it would be reasonable to start selling globally from here? November 15, at 6: What prices you can get on EU Airmail shipments? October 10, at 9: My name is Guillermo. I have some savings and I would like to start something to get some extra money.

I have read your blog and it looks really interesting! Also I would like to ask you, if you know some cheap european post delivery?

So i could send item from Spai to the rest of europe. October 12, at For European Shipping — Airmail via your national post is the cheapest shipping method for anything up to 2kg. September 30, at 6: October 1, at 5: September 26, at 5: September 28, at 7: For details on how to best format these, you should get a consultation with an accountant.

September 11, at Hi Andrew, Thanks for your Kind Support. I have to say the Information in this Website is really fantastic.

I am a registered Business seller. Sometimes i find good deals from other ebay sellers and they also allow me to buy in bulk not outside ebay, in ebay deals only. As per the ebay policy, is the reselling activity allowed, i. September 4, at I think you are misleading people. You could use the defence that this was posted a while a go but this article was updated within the last 2 days.

On Wednesday you were talking about Fifa technical analysis eur usd today September 5, at 6: Why you say it was updated 2 days ago?

August 4, at 2: Private ecn forex brokers uk Andrew, I would like to say thank you for writing this post as it has inspired me when I am having a difficult time financially. So I followed your advice and switched to a But It Now Listings instead.

However these but it now listings always end up with zero to just a few views. August 4, at 6: Or maybe your listings, titles, product images need to be improved? June 29, at 3: Is this accessed through Terapeak? If so i have signed up for the free trial and cannot find where this is. June 29, at 5: June 24, at 4: Also may I ask how old you are as you seemed to base this round video games so I was just is it easy to make money in forex whether that had a link to your age.

June 25, at 6: June 21, at I have to say you are the man! Invaluable information here and thanks for taking so much time to help others. I am just starting out on the road to reselling but find it really difficult.

It seems everything that I research or see that I think is a good bargain, when I search for how much it sold on ebay it is around the same price! June 22, at 6: STOP thinking about the PRICE alone! Spend your time and energy on improved selling tactics, branding, higher product quality, better service, unique features etc. June 16, at 6: Hey, How to buy ipo shares in singapore I bought your EAB course some days ago and I have started with this Used Goods concept, I was just wondering if you still need to use a template for used goods.

June 16, at 7: Yes, you should use a template from SAT directory you got for free with your EAB purchase when selling used goods. Not only this will make your listings look better, it will also teach you how to create and format proper looking listings for future, when you may want to start selling brand new goods. June 1, at 3: Hi, impeccable website and very nice tips you gave us around here: Now, I have this old used phone and some other electronics RAMs, and CPUs i want to sell on ebay.

If lets say I find a seller from uk. How much money I have to consider with this taxes, to make the math? FedEx, PostOffice, DHL that seems to be very expensiveChronopost, etc. June 1, at 4: June 2, at 4: June 12, at 2: June 12, at 6: May 26, at I am just now starting on ebay. I sold 6 used items but today. I put them on auction. But I dont know how to reserve the price on auction? Or maybe I cant do that?

Can I reserve the price on auction? May 27, at 4: Yes, of course — you can set a reserve price for auction listings you run. May 16, at 6: Well I THINK im glad forex pk intl rate today stumbled across this website, your advise seems genuine and you have inspired me to start a small store on ebay to sell stuff I have a Paypal account 2x ebay accounts selling and a buying one I think thats what you need to get started yes?

May 18, at 6: May 18, at TY very much do you think there is a market for things like E Cigs etc or has that ship sailed also Terepak how much is that per month assuming there are different packages which do you suggest a small start up invests in? May 18, at 2: April 23, at April 23, at 4: April 22, at 2: I want to get into buying blu ray and game bundles and I have seen some good deals in eBay, however most of them as a single item have a poor sale-through, is it still worth buying them because I am struggling to find a good deal?

The average selling prices are good though. I would stay away from low sell through rate items as that usually means theres no demand for these titles. April 22, at 3: Any tips for finding great game and blu ray bundle deals on ebay to resell individually? Ones with a good sell through. April 23, at 7: March 18, at 9: March 19, at 4: March 12, at 2: Have you ever used Discount — Wholesale as a website to source goods as a starting point rather than importing in bulk.

March 12, at 3: If the price is good and you see you can make profit on eBay, of course cisco dhcp option 43 hex calculator can use UK based wholesalers instead of importing from China.

But it obviously depends on each item individually. March 12, at 6: Thank you for that. March 13, at 4: February 20, at 1: Would you suggest that this market is now oversaturated on eBay, or am I just looking at buy worldstock fair trade wrong games? February 20, at 6: Yes, video games are oversaturated now as so many nasdaq finance stock market inc headquarters are using this australia option trading simulator india. These are niches with most activity on eBay, in used goods segment.

February 20, at 2: Sorry Andrew, I did read through some of the comments but I guess I overlooked the ones asking the same.

Sorry for adding to your workload! February 21, at 7: February 5, at 2: January 24, at 3: What can good things to make a profit on ebay recommend? My budget is approx. Have a nice day, Luka.

January 25, at First thing that comes to my mind is an eCommerce Shop! You just have to pick a niche and create an online shop you can market online. January 7, at Happy new year, you are a eBay legend. I must thank you for all this information and plus answering all the questions. I will start my research straight away cause I have resources, time and energy.

January 8, at 5: January 6, at 7: As a beginner in online business. January 6, at 8: But if people do shop online there, probably your best bet would be to start an eCommerce shop, selling in-demand items? January 2, at 9: If you add in the cost of any possible returns you would be seriously out of pocket.

Far better to walk someones dog or deliver pizza. Why does it take 30 days for you to replacement stocks for remington rifles transfers from PayPal? January 3, at 2: It is not a personal decision to wait 30 days before taking money out of Paypal. Rather that, for new sellers, Paypal insist on retaining your money in moratorium for the duration of that period.

Further, you cannot spend or transfer this balance in any way. As I said in my earlier post whilst your methods are faultless, and I appreciate the fact that they hold true regardless of the amount of start-up pet rescue putnam county ny, it concerns me that people on a very low budget or in receipt of welfare benefits, I note from some of the above posts that this seems to be the demographic would be tempted to try this, perhaps not fully realising that with just one returned item they will lose any profit they had anticipated as well as in all probability a significant amount of their own money.

January 3, at 4: Have you fully verified yourself with PayPal, including Definition exchange stock market crash, credit card, bank should i buy genesis energy shares and address? January 16, at 2: Business accounts are subject to the same parameters as private sellers in terms of the length of time they withhold your payments.

All I can say is I have been with ebay two years have a score of and am an above average seller and my account has been verified with Paypal inc. ID credit card and bank account. It clearly states that unless you meet pretty rigorous criteria your payments will be subject to a 21 day moratorium.

Yes it says 21 days, but in effect it is 30 days minimum! Remember these are working days so if your money is marked as completed on say a Monday it will be the following Monday before the cash is in your account.

In these days of Faster Payment Systems it should be a matter of hours but as I said earlier Paypal are a business and the longer they can keep your option trading quora the happier they are.

January 16, at 5: Maybe one or two over last 5 years. November 25, at 2: November 25, at 3: This blog has hundreds upon hundreds of comments which all have been personally answered by me.

There are also testimonials of my products and services on every corner of this blog and product websites, from real, genuine people — even some video testimonials. October 17, at Great currency trading strategies excel Andrew which I have found world forex robot contest helpful and informative.

Do I have start a new ebay account and build it up again? Also how do you register as being self employed? This will be a part time venture to try to make a bit extra. October 17, at 1: Yes, you need to upgrade your account to Business. As for registering as self employed, please check out my eBay tax guide. October 5, at Trade future options nse your article here.

October 6, at 7: Yes, this model can be scaled and best way to do it would be to buy LOCALLY! Advertise your company in local community, newspaper, Facebook groups etc. September 7, at September 8, at 9: Video games is just one product group — one that is very competitive as it has such a high liquidity.

August 30, at September 1, at 5: I think it would be better for you to concentrate on these two regional sites, instead of. August 21, at 9: August 22, at 5: This post was not published yesterday so obviously prices for my example items have changed since I wrote the post.

August 18, at 9: Your post is most informative as are the many replies to the comments. I am hoping to help my son set up an e bay business in stock market psychology cycle history to supplement his studies.

In the process of our research I have come across the term drop shipping; I think I understand it, but is it legitimate and if so where is the best place to start? He is planning to source and sell golf equipment as he is a keen golfer and therefore has product knowledge. August 19, at 5: Yes, dropshipping is completely legitimate business concept.

Only thing — you have to know that there are thousands of SCAM drop shipping websites online so you have to be extremely careful with finding drop shippers. I would recommend you first checking out this guide. August 20, at 5: August 21, at 4: July 23, at 6: I noticed your products graphic design like a box with a cd, feather pen, etc. July 24, at 5: July 22, at July 22, at meaning money on the binary options from canonbury publishing July 21, at 8: July 22, at 4: July 9, at 7: Hi and thank you for a very professional guide.

July 10, at 4: Check out my Easy Auction Business course! June 12, at 7: I just want to write and say a very big Thank You to you. You have written this plan in good plain English, easy to understand, no jargon and above all with great professionalism. I now know where I have been going wrong on Ebay. Once again, Thank You. June 13, at 4: June 10, at 2: Can you explain further?

June 10, at 6: For that reason I DO recommend that you use 2 accounts — one for buying and one for selling. May 25, at 3: May 26, at 5: When you have say 5 or 10 phones ordered, consolidate them into one shipment and get them delivered to SA. May 20, at 1: Hi Andrew, I have never bought or sold anything on E Bay before. I am currently out days of binary options trading signals franco work due to a massive stroke I had two years ago.

I have no income except for a few computer repair or upgrade jobs I may happen to get now and then. Is it possible for me to achieve that by selling on E Bay, and can I rely on you to give me a few pointers on thing. May 20, at 6: May 18, at 9: Great stuff as usual.

This either means potentially opening a case against the wrong seller or just absorbing the loss. May 19, at 5: May 16, at Also, the real power with this strategy lies in BUNDLES! May 14, at 7: I was wondering if you had any specific hints or tips for this type of product? Also, regarding going self employed, do you know if you can put ebay sellers fees on your tax return as business expenses? May 14, at May 13, at 6: I have tried looking at bundles on ebay to sell individually.

I have looked at DVDs, blu rays and video games and cost of exercising stock options the life of me i cannot find any that i could make any profit on. All of the bundles i have seen are selling for the same price you would get if they sold separately.

Am i doing something wrong or stock market as an investment avenue it that a lot of other people are doing this now? I have spent hours trawling ebay and have yet to find anything. May 14, at 5: The biggest money deutsche bank forex polska in auctions and NOT BIN listings!

So you want to find a sniping tool you like and use it on as many listings every day you can. In general — the more items there are in the bundle, the more money you can make by re-selling them individually. While video games and Blu Rays is an obvious target, as you say — many people now follows this model, hence the increased competition.

But this system can work in ANY niche, with ANY items! Just look for other niches, explore other product categories. May 16, at 8: Despite watching about 30 fidelity investments stock quotes they all went for about the average.

I tried this with a few other games minecraft, GTA and a few PS3 titles but to no avail. I,ve looked into some toys moshi monsters, fisher price but have no knowledge of these and have yet to find anything worth bothering with, unless making 20pp profit per listing is worth it. April 20, at 2: Hello Andrew I have read your post and I found it very interesting and useful. Could you please explain how is possible and what is the best way for sending small pack in UK. Sorry about my writing because my language is not very good.

Thank you very much for your time and information. April 21, at 6: So just head to RM website and check their prices using an online calculator.

April 22, at Do you know any cheaper way? I really appreciate for your information. April 23, at 5: April 24, at June 25, at 7: June 26, at 6: The fact that many of them end up loosing money is true though and usually is caused by lack forex edge model download free knowledge, experience and simple understanding on how to make it work.

April 14, at Firstly I want to say that your information is superb. I would maybe need to buy Easy Auction Business partly as a thank you but also I am sure there is plenty of invaluable information in there.

I was wondering what is the best method of selling, BIN or Auction? Or, by more or less following all of your advice ie attractive listings etc, will that not make too much of a difference. April 14, at 6: So yes, I recommend auctions. IF you really need to achieve a certain value for an item, then yes — you can list it as an auction with a starting price of your target price.

But of course, be ready that no one bids on it as bidders are really looking for those 0. April 11, at Just wondering kingsport livestock market report it is best to sign up for an ebay shop when starting up a business on ebay or just sell as an individual to begin with?

April 11, at 3: I recommend starting with a shop subscription because only with a shop subscription you can have Good Till Cancel listings. March 31, at I wanted to ask: Also, if it is days would this decrease the chance of how many buyers view the item?

April 1, at 7: March 25, at stock buying checklist Really useful info here — could you elaborate a bit more on scaling it up and dealing in wholesale goods?

March 26, at 6: March 22, at Hi, Like many on here I am doing research prior to starting a business buying and selling on Ebay and despite research and having no special knowledge of any one product I am struggling to find what the best thing is for a beginner to sell just to get my feet in the water. March 23, at March 17, at March 18, at 5: Just pick one product group you know most about and just get started by researching and buying your first item!

March 16, at 3: Thanks again for all of the valuable info I keep finding!!! You have so much information which is very easy to follow and well laid out! Any way I am just average seller but I do want to make a profit and so I always research product I am selling. You have lots of great ideas and website tools. I used to sell on ebay a few years back, okay several, and things have changed a lot.

Different times call for new strategies, which you did touch base on. My question has to do with shipping ,I see that ebay is charging a percentage for shipping also, which I understand why, but I have read where there are incentives to add d free shipping and bump the item price up.

Back in the day I used to start items at low bidding. I also need to see what paypal is charging adoption of medically fragile children days. I have also and still do go to completed items? I will check out some websites you listed and continue investigating.

Anyway thanks for all off your great info. March 17, at stock market in islamic perspective One important thing you want to read about is Top Rated Seller status and how it affects eBay nowadays.

March 5, at 9: There are some really useful points on here but so much information to take in and absorb. Looking at your other post about becoming a TRS in 30 days…us it worthwhile following that plan ie registering business account etc if starting on a smaller scale as per this post? March 6, at 5: March 6, at 8: I am looking to follow this idea start with relatively cheap used stock together with some cheaper new items too.

I have also read your post about getting TRS status in 30 days. Another concern is if I am selling a wider range of goods for instance DVDs, phone accessories and clothes. March 6, at 9: March 6, at March 4, at In regards to your recommendation above to stard a sell as a bid- i have a feeling this would be a good strategy for me as i sell msotly vintage and antiques and second hand, but i have always stuck to buy it now for fear that i might have to undersell the items if thehighiest bidder bids for less than the products worth.

March 4, at 2: To minimize risks of underselling your items via auctions, do research first. And is there enough demand for it? If there are at least few recent sales, especially auctions that ended with your target price or higher, using Auction format is pretty safe. What you can do instead is start the auction at your absolute minimum price.

February 26, at 5: I have been looking at esources. February 27, at 5: February 21, at 1: I have a question that I have been trying to find an answer to and it is starting to hurt my brain. I have been researching profit margins and markups and still no viable answer as yet. Maybe you can help me with this riddle. To me it sounds like diminishing returns. How do you actually make any money if your profit keeps getting smaller and smaller each time you re-invest it into more stock?

February 21, at 6: February 20, at I am looking to start small budget business on ebay. So if the actual item cost 1. I will really appreciate your response. February 20, at 4: Very informative and like most before it has given me confidence to start up in the preowned games section, my question is or rather could you tell me if there is a dedicated Uk chart site for pre owned games?

I came across one I think? But that was for the US market. February 21, at Like the top 20 brand new chart for music, dvd etc but for preowned games if one exists? As whenever a game comes out, just few days after the releases demand for used game is there. February 14, at 1: Hi Andrew, great article!

Do I need to be patient or start looking at other ideas with a greater range of final sale prices?? February 14, at 2: Most likely you have picked wrong products?

Do you use a sniper tool or something similar? February 10, at I had a quick question on the final selling step, do you only recommend selling items through BIN listings? Otherwise how would you ensure that the break even price is achieved? What you do is use auctions and set the starting price same or close to your target price. This means — the first bidder will actually reach your target price and even if no one else bids, you still arrive in profit.

February 11, at 3: I had one more question regarding postage costs when BUYING items as they can vary greatly i. Do I need to take the postage costs away from my max buying price to ensure I am hitting to intended profit level? February 11, at 4: February 6, at I am from Srilanka, do you think this model is viable for us too?

Hi Andrew I wish I would have found your site before as I think I may have made a mistake. Is this something that I should have done? Thank you in advance. February 5, at 1: January 30, at Hi again Andrew i purchased your EAB video course which i am half way through which is superb covers every base. January 30, at 2: January 30, at 3: January 30, at 4: January 27, at January 28, at 6: January 28, at 1: January 26, at 7: Also I have read on money savings expert that if you are selling used goods then its not taxable.

Its only taxable if your are selling brand new and boxed goods. January 27, at 7: You should get a consultation from a professional accountant who will tell you best way to do this. Thanks for getting back. I will seek advice about the tax but if it involves having to become self employed again I think will give it a miss.

Have done this before and it turned out to be a far from simple process. Perhaps i just had a bad first experience? All you have to do really is keep records of all sales and expenses can be in a simple Excel format and once a year do your tax return.

Plus if you want to make it even simpler, you can always use online accounting software like Kashflow. It can get expensive though if you plan on selling just few items a month. May 6, at I was wondering about this as well and just wanted to know if went and spoke to an accountant etc? And what they told you. January 23, at Hello, I am interested in selling used mobile phones on eBay.

If I am careful, should I be ok? Or is it too risky not to have insurance? January 24, at 7: From legal point of view you probably need it but if no insurer offers such package?

How many companies you contacted about this? Maybe you should try some more. May 25, at 2: January 15, at 1: Great informative article thanks! How do I deal with. Can I cancel the sale. What should I do? Thank you very much. January 15, at 5: January 14, at 9: I am from Egypt and want to use Ebay to sell products…. Do you have a solution for my problem. January 15, at 6: January 3, at Firstly, many thanks for the brilliant insights and guidelines you provided above.

At last I can say I have a clear strategy on how and where to start out on ebay business — an idea I have kept postponing for various reasons. However, how do you deal with the return postage costs? Do you absord the cost at your own expense or make it clear in the listing that cost of returns are to the borne by the buyer?

From my experience as a buyer, the later do definitely put me off from buying an item, so I do wonder how sellers cope with such costs especially when they have to fund it. I believe it would make sense to accept return at full cost for a poor quality or damanged product that was inadvertently put up for sale in the first place, but when someone just decides to return an item becasue they changed their mind, then such customers should at least meet part of cost of return.

Please what do you advise as the best strategy for a seller in this space i. You already answered your question in your comment — IF buyer just wants to return item for no reason, buyer should also cover return postage costs. January 5, at One more thing please. To set up a business account in ebay, must one have a registered company?

I was just checking the steps to set up a business account in ebay and it seem that a registered business is required. January 6, at 4: So you can be a sole trader or even an individual with a registered business name and still register a business account on eBay. Stephen de Vere says. I am a Special Interest wildlife documentary film maker and I make most of my income from DVD sales of the films I produce. I am looking at ways to increase sales using more channels.

I have had an Advantage account with Amazon for 4 years selling the first title successfully to Amazon at a trade price. Is this because it looks odd that I only sell one DVD title? If I presented myself as the film-maker self-distributing would anybody trust and understand me better? Should I list other titles just to look more like a normal DVD shop? Or perhaps I should set up as a specialist seller of a niche subject titles that I review because I am an expert on them and recommend?

The biggest problem probably lies in the fact that not that many people on eBay actually looks for such DVDs…. If you already sell on Amazon, I would probably try to work more on your website — it currently looks quite basic and out-dated. January 4, at Thanks very much Andrew — really helpful advice. I might as well try a perfect eBay page, using your excellent guide, to test the eBay market more thoroughly.

Yes, what I mean is you should start selling your DVDs directly on your website. Use PayPal as a payment option and install a special software to manage and track affiliate sales. December 28, at 6: I have excellent feedback and always did my best for customers. Then on Christmas day I get an email saying my account is suspended for suspected fraudulent activity.

Several phone calls and emails later I realise that not only am I permanently banned, but they are not going to tell me why or even discuss the matter. But if I was depending on this business to pay the mortgage…. I had not realised how easily this can happen to ANY ebay seller. I feel experienced traders should give big, load and clear warnings to newbies.

December 29, at 1: Sorry to hear it happened to you Patrick. I have always recommended expanding asap to Amazon and own online shop once eBay is set-up.

This way we can diversify risks if worse happens. December 23, at 1: I home — school one of my sons right now so struggle work wise and have done quite well with ebay over the years — but can hopefully takeit to the next level with your help in this article. I only need to earn a few hundred a month to supplement my wifes income which I now feel is in reach — I also have one of the biggest car boots in England on my doorstep and dozens of charity shops etc so will give it a real blast in !

December 20, at Hi Andrew, Great article! December 23, at 7: December 19, at 7: December 20, at 6: December 4, at 2: Hey Andrew, Some super learnings! Wondering if you have any tips on safe packaging and dispatching? December 4, at 3: In most cases you can use bubble wrap, foam to secure fragile items. November 18, at 4: You mention having one account for buying and another for selling — I assume both these would be new business accounts and then are there any complications or extra fees incurred by doing this?

November 19, at 5: On eBay you can have as many accounts as you want, so no — there are no complications with this. Hard to tell how many people would check feedback and how many of them would be disappointed to see the reality — I guess not that many. So if you want to keep things simple, you can still probably do ok with just one account for both buying and selling. February 18, at Thinking about it I would probably prefer one account for buying and one for selling just to be safe and it would probably be easier when coming to do the books!

The buying one can definitely be a personal one? February 19, at I know you can have multiple accounts but what I was meaning is can the buying account be a personal account? Yes, you can have it as a personal account. June 20, at 8: You said anyone can have any no of ebay accounts. How is this practically possible? Can we have more than one ebay account with one email address and one paypal? Yes, you can have multiple eBay accounts. November 14, at When selling an item, should I use an auction format or BIN?

If using an auction style, should I have a reserve price? Should I use just the cheapest listing I can? It really varies based on your account status and goals. Obviously, if you sell something highly valuable, you might use it but then again why not better simply use BIN?

November 4, at 2: November 4, at 3: You can still do it with Premier account. Here are differences between Premier and Business accounts. I hope I have explained better this time.

November 5, at 4: Personal accounts are really meant to be used just to sell un-wanted gifts, used items etc. November 5, at 5: Is upgrading to business account free too? Is it not the same thing to sing up for shop and upgrading to business account? November 4, at 7: Thanks waiting for reply Jaio. November 6, at 5: In the post I just explain that you need to get seller account first before you can sell anything at all.

November 6, at 3: October 18, at 1: This way your listings will get a boost in search before they end. Buy for say 4 pounds and sell off to make net profit of 2 pounds. November 2, at All your help was put too good use, Hopefully at least!!! Was just wondering whether you could check through some of my ebay listing see what you think. November 2, at 6: Here are just some of the problems:. Check out this guide to learn more about how to create and format good looking eBay listings.

November 2, at 9: After going back and checking all my listing i really understand what you mean! I was just rushing and trying to get everything listed ASAP. November 4, at 6: October 15, at Hi there, I was just wondering if you could give me some advice on the DVD market. My plan is to buy bundles of Blu rays and sell them individually. Im not sure how to approach the postage aspect of the sale. I am going to offer free postage but im not sure how to send them.

Also to build up some money to invest further i am getting rid of a load of old dvds. Im selling them individually on facebook, gumtree and to friends. But eventually i will have to sell the bulk on ebay. Im just wondering whether their is really a market anymore for them. October 15, at 4: If you offer free shipping selling used stuff, 2nd class is usually ok.

You can always add 1st class as a paid on option for people who want to get the item next day. As for DVDs — YES, of course! Market is still massive for these!

October 15, at 5: If i am not setting up an ebay shop right away how important is the listing and the template etc. October 16, at 4: Listings are still important of course — use a template, have good product pictures and description inside it. Also have clear payment, shipping, returns and contact information feature in your listings. October 18, at Okay that is all great information thanks. Sorry to ask another question but when selling the blu rays purchased from bundles would you recommend selling through buy it now or auction?

Also what would you consider the minimum profit percentage necessary when purchasing a bundle of 10 or more blu rays? Just to give me a clearer picture of what is a good deal for me. October 10, at Great read, thanks alot for the information. Quick question — Do you know of any sites that we could find wholesellers? October 11, at 4: October 8, at 3: Is there a way to differentiate between Blu Ray and DvD when searching on Terapeak to find a more accurate average price?

Yes, there will be items that increase average price like special editions etc. October 8, at 5: I know you have other advantages with terapeak but is it worth it at the beginning when starting up?

Once a year usually in December they run a special deal on yearly packages. October 5, at 6: Thanks for your Valuable info. Its an eye opener. I have couple of doubts, hope you can clear that for me. I am based in Singapore and my market focusing is either Singapore or India. Do you have any idea how can i source product to singapore and india, and then sell it globally. Or Do you suggest it sell it locally? October 7, at 6: In your situation I would probably concentrate on selling locally as shipping costs will be high to send goods to UK or USA.

Of course, you can also find some kind of niche items that are popular worldwide and being manufactured in Singapore — source them directly from factories in Singapore and sell Worldwide as then you should have decent margins.

October 4, at Hi there, Very impressive answers and helpful information. Thank you for sharing. October 7, at 5: September 22, at 5: Has given me the confidence to start this up straight away! September 23, at 3: September 18, at 8: Will I be able to ship products from Malawi to other countries?

September 18, at I would rather start importing something and try selling locally — offline and online in Malawi. August 11, at 6: August 12, at 9: August 7, at 2: August 7, at 3: Can you do any sort of tracing online in your country? I mean — you could do importing etc, and sell goods in Egypt, via an online shop.

Alternatively, you could source products in Egypt, from factories directly and maybe sell on eBay. June 13, at 7: June 14, at 4: February 18, at 6: Do you have a page on what forms are required to be filled out etc. February 19, at 4: When you start out, the best way to go is register as self employed. Call HMRC and ask any questions you have!

But if you are planning to do this along side my full time job will this not alter what i register as? February 20, at 3: Registering as Self Employed is still usually best way to go when you starting out, even if you have a full time job. August 3, at 4: I have bought and sold many items on ebay but not for a big profit just more of the case in getting rid of the items…I was wondering what items are more prone to turn over a larger profit Eg: Best Products to sell on eBay!

TOP Products to sell on eBay! August 14, at 8: Can you tell me which ebay account is required to buy and resell used items to make a profit? Is this free to carry out? Will a standard ebay account be sufficient to be able buy and resell? August 17, at 6: February 16, at Thank you for shearing this strategy with us. I am trying it now. Have added 4 snipes with http: February 16, at 3: I do cover wholesale, importing from China, re-branding and other, BIGGER scale business models in my EAB video course:.

May 11, at 6: May 12, at 4: May 12, at 2: January 22, at 7: January 23, at 7: You can make a full-time income doing this, why not? Most wholesalers are selling on ebay so when you buy from them you cannot beat there prices on ebay. June 14, at In line with Peter asked, if there are other sellers selling the same product at much lower price, why should buyers buy other high priced items. THey also uses same Ebay search to find the product right. So when we buy the cheapest and try to sell it there will still be the other cheaper one for others to buy right?

July 25, at 9: Could you check this link out for me please and tell me whether or not it is safe to buy genuine PS4 consoles for this price from this supplier. If they accept debit card am I was entitled to a refund on any site I use if I am scammed?

Can You Really Make Money on eBay? :: Quick and Dirty Tips ™

July 28, at 5: China is no good for branded electronics. Even if you would have millions to invest in stock, you would still make very tiny profit per console sold.

October 4, at 5: Hi Andrew, I was very interested to read your article. I have bought a few things from aliexpress in the past for myself but unsure of what customers want on eBay?

Any advice would be greatly appreciated. You have to start by learning to do proper market research to find what products you could potentially sell. I have published a number of useful guides on this topic here. February 2, at 2: February 3, at 5: He only managed this because he was highly motivated and spent every free minute he had on his […].

This can be very helpful for people who work with used goods as it allows you to get proper research data on the go — while at a wholesaler or buying a job […]. I am just trying to sell a few items to start with and need your advice on how to price an item […]. On eBay, you can start with one […]. If you want to sell media items such as DVDs, Blu-rays, video games, audio CDs or books, this is a MUST HAVE function!

It will show you the current best-selling media items on eBay with sell-through numbers which are very important when dealing with media items.

This function can also be used if you start your eBay business following my Used Goods concept. This is the easiest way to get started on eBay and make […]. I have already followed your used goods business guide and made my first 40 pounds in profit! I will stick with used goods for now, but in the future I […].

Serial online entrepreneur, eBay PowerSeller, business coach and active TWF community member! Created UK's Best Selling eBay video course - Easy Auction Business as well as several other video courses and personal coaching programs. Here is a sample message that you can use for this: