Big Bucks with Ebay Part 2

BusinessAuctions / Classifieds

  • Author Angela Anthony
  • Published January 24, 2008
  • Word count 488

Getting Started on eBay

Registering an account on eBay is simple and free.

Go to ebay.com

Click on Register

Fill out the registration form.

Click the blue Register button.

Check your email for a registration email from eBay and follow the instructions in the email to confirm your registration and complete the registration process.

Selling on eBay

To sell on eBay, you need to create a seller’s account. To register, click on the Sell link at the top of eBay’s page, and then click Create a Seller’s Account.

You will need to:

Verify your identity

Select the way you pay your sellers fees

Offer PayPal or a Merchant Account Credit Card as an accepted payment method for your items

Fees

When you list an item on eBay, you’re charged an Insertion Fee. If the item sells, you are also charged a Final Value Fee. The total cost of selling an item is the Insertion Fee plus the Final Value Fee.

Insertion fees range from $0 .20 to $4.80, depending upon the starting price. Final Value fees range from 5.25% to 10%, depending on the closing price.

Optional features to help increase bid activity and your chances for a successful sale. Optional feature fees include:

Reserve Fees

Buy It Now Fees

Listing Upgrade Fees

eBay Picture Hosting Fees

Seller Tools Fees

PayPal

PayPal allows you to accept credit card and electronic check payments online from your buyers. You can sign up for PayPal through eBay’s website.

Listing an Item

Before listing an item, you should:

Inspect the item carefully.

Take good clear pictures of the item.

Write a title and description of the item. The title should tell exactly what it is you’re selling. Be sure to include keywords in your title that buyers might search in order to find your item. Your description should be clearly written and should include information about the condition of the item, whether it is new or used, color, brand, size, product type, model number, style, and anything that is relevant to the item.

Research similar items. Using the Completed Listings Search, you can see the starting and ending prices of similar items.

Package and weigh your item. This way you will have an idea of the mailing costs for your item. Once your item is packaged and weighed, you can go online to any of the Shipping companies and put in the package information and get a shipping rate.

Selling Your Item

To sell your item on eBay, click on the Sell link at the top of eBay’s page. Enter 3-5 words that describe your item and click Start Selling.

You will need to:

Select a category

Add your photos

Describe the item you’re selling

Add your description

Set a price and shipping details

Decide how you would like to be paid

Click Save and Continue

Review your listing

Click List your Item

That’s it! Happy Selling

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