The first thing you need to do is set up your eBay seller's account. If you have already bought things on eBay in the past, then you already have an account. Just log in and click "Sell" on the toolbar at the top of the page and then click "Create a seller's account".
If you have never bought or sold on eBay, then you need to create a new account. First click on the "register" link beneath the toolbar, then click "Sell" and "Create a seller's account". From there the eBay website will guide you through the process of getting set up. For security reasons, this may involve including providing your card and banking information.
Now that you're registered, you need to decide what you want to sell. It doesn't really matter what you sell, this is just your chance to get your feet wet. For more information logon to www.auction-professional.com .Check your garage and attic, he is sure you can find something that you're not attached to and something interesting. Small items like books and CDs are great for your first time.
Once you have your item picked out, it's time to submit it. Just click "Sell" and you're on your way. The first thing you need to do is choose the best category for your item. eBay makes this easy, you just type in your item, and eBay suggests the best category for you. It's usually best to just go with the category that eBay comes up with.
The next step is writing the title and description for your item. You want to make sure to include any keywords that people might use when searching for your item in the title. Include all the rest of the information in the description.
Now you need to set your starting price. In order to draw people to bid on your auction, set a starting price of $0.01. Don't worry because items almost never end up as such a low price. Next set the duration of the auction. You have the choices of 3, 5, 7 and 10 days. This is really up to you, the longer the auction the more bids you are likely to get. Add a picture to your auction because items with pictures always sell for more.
Great, now you're ready to select the payment methods you want to accept, and where you will post to. You would just go with PayPal for now, and limit yourself to the country you are in. Just click the "Submit" button and you are done!
Now you can just sit back and let eBay work it's magic. Potential buyers will search for your item and submit bids on it. Some bidders may email you with various questions about your item. Just do your best to answer the questions as quickly and thoroughly as possible.
Don't worry if your item doesn't sell the first time. The great thing about eBay, is that if your item doesn't sell the first time, you can list it again for free!
Once the auction closes and you have a winning bidder, eBay takes care of all the work. eBay will send your buyer emails guiding them through the process of sending you payment for the item your are selling. For more details visit to www.auction-entrepreneur-kit.com .Just make sure you have the money in hand before you send the item.
eBay prefers that you use PayPal to send and receive your payments. PayPal is very safe and secure and you will get your money instantly so it's a good idea to use them. It's also free to create an account with PayPal.
As soon as you have received the payment, all you have left to do is pack up the item and send it to your buyer. If you're not sure of the best way to get this done, just take your item to your local post office and they can help you. Use the buyers address from the confirmation email that eBay sent you and write it on the package. That's it, you've made your first successful sale on eBay.
1. If the product is thought to be in great demand, the Auction needs to be open for a short time only. For example, if it is Picasso which is on sale, there would be thousands of bidders, so there is no point in extending the last date beyond a couple of days. It could even be a couple of hours! Considering the item offered, word will get around and many people will know about the offer soon. for more details visit to www.auction-professional.com. If they are common products which are highly competitive, it is advised to go for a longer auction time.
2. On the other hand, if you are offering, a used Printer, you need to have it for at least a week or somewhere thereabouts because the number of people interested in buying a used printer would be rather few and it takes time for buyers to notice it. for help visit to www.auction-extreme-package.com. Especially for second hand product, try to keep your listing there as long as possible because potential of second hand goods normally takes much longer time to think and decide! Get your Price Listing Strategy right and you will beat your competition!
3. The Reserve Ebay Price set for the item to be sold is another factor that determines the last date. If the Reserve Price is relatively high, say $2,500, you do not expect buyers to cough up such amounts in a hurry. You need to give them some time to consider if the purchase is worth the high price. Therefore in such cases the Auction may be kept open for up to a week or even more. Needless to mention, if the Reserve Price is a small amount, the bidding may be kept open for a much shorter period. Prospective buyers can decide faster to buy or not in such cases.
4. Urgency is yet another factor to consider. For example, if one is moving away, s/he needs to dispose off some of his belongings in a hurry, and in such cases you will have no option than to keep the auction open for limited time. In such cases, even if the bids are lower than the Reserve Price, the seller may accept it because of the urgency of the matter.
5. When perishable goods are offered, it is essential that the auction be kept open for a very short period. For example, if mangoes are to be auctioned, you cannot keep the Auction open for more than a day or two at the most. Also for these goods, remember to state that delivery be regional only! This is to avoid complications and mistaken bids later on.
Making Money on Ebay Finally you cannot go by the price alone as monthly revenue begins to loom large towards the end. In such cases, if your expectation isn't met but crossed the reserve price you may close the bid and award the highest bidder. You will still make some money on that product! Remember, making money on Ebay is not about selling a few products at a huge profit, it is about selling in mass volume at marginally thin profits! Look at all the Ebay Power Sellers! Remember, anyone can become an Ebay Power Seller. All you need is a good guide to selling on ebay and a good foundation. Start Your Ebay Business today!
Both Rahul Kumar Gupta & Simmi 9 are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.