Wednesday, September 9, 2009

How do I start a business buying and selling on ebay?

Resolved Question

How do I start a business buying and selling on ebay?

I am fed up working for some one else, I want to start earning money

Best Answer - Chosen by Asker

Very few individuals make their full-time living on eBay but here's how to get your feet wet on eBay with very little risk.

How To Create a Seller's Account
http://pages.ebay.com/help/sell/seller_a…

Your first five auction-style single-quantity listings to be listed on the site in a 30-day period are eligible for $0.00 Insertion Fees.
http://pages.ebay.com/help/sell/insertio…

That's for five per month single quantity Auction-Style listings with no upgrades, just a single picture and as long a description as you want for FREE Insertion. Set the starting bid for the lowest you'll accept and if they don't sell, you PAY NOTHING. Dig out five items from your closet or garage you don't want but think might sell and take a picture of each (if you don't have a digital camera, borrow one).

https://www.paypal.com/
You "Sign Up" (tiny print) for a Premier PayPal account at the top middle of this page so you can easily get paid. If any items sell, you'll pay PayPal 2.9% + $0.30 USD per transaction to get the money from your Buyer.
https://www.paypal.com/helpcenter/main.j…

In about a month, eBay will bill you or deduct from your credit card (your choice) the Final Value fees for any of the five items that sold.
http://pages.ebay.com/help/sell/fvf.html…

Make sure you include acceptable shipping charges when you list your items. If you package it and weigh it in advance, you can determine what the US Postal Service will charge to ship.
http://postcalc.usps.gov/

Five plain, single item auctions a month is an easy way to get your feet wet on eBay. Do that every 30 days until you're comfortable with eBay, PayPal and your Post Office. Don't buy any inventory until you've sold everything you don't want that's easily mailed. Don't expect to make a fortune.

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Other Answers (4)

  • 1. Set up an eBay account 2. You need to have a PayPal account too, to sell on eBay as eBay will charge seller fees and PayPal fees too.

    eBay alternatives - eBid, Amazon, CQout.
  • I would start by learning from someone who has already been successful at it. http://how.to/startanebaybusiness.com tells you how to do it.
  • you buy stuff and sell it for more

    check this website out...

    http://www.bidray.com/

    very cheap items... free shipping.. all proceeds go to charity
  • Buy stuff from your distributor, or wherever you find it, and sell it for more on ebay.

    Good Luck

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