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Anyone can sell anything on eBay. Open an account, list your product, and wait for the bids to start coming in. While it is true that anyone can sell, to be successful, you need to know the inside secrets.
One woman made over $250,000 last year on items sold on eBay. She is just one out of thousands and thousands of people that make a ton of money just selling merchandise.
Are you ready to learn how to be an eBay seller? You will find it to be easy, fun, and exciting. Here are some of the things that you need to know to get started.
Although there are several other quality auction websites, eBay is by far the most popular and most successful. Although you could start using all the other sites, by spreading yourself out too thin you take the risk of getting things mixed up. In reality, it is better to use eBay and focus your attention and efforts on this one site. You will not be disappointed.
Navigate through each section to familiarize yourself with all the different pages. You will find a site map and help tab, which are very useful tools. It will take a little time to get used to the site but start by looking. As you start selling, navigating will become much easier.
Terms & Conditions
You will run into all types of buyers that try to move past the terms and conditions provided by eBay. Know the Terms & Conditions inside and out and if you have problems, contact eBay immediately. A few examples of the insider secrets are listed below:
* Bid Shielding - Two buyers work together. One person bids high to protect a low bid place by the other person. Right before the auction closes, the high bidder cancels, meaning the low bidder gets your items for a huge bargain.
* Bid Shilling - This is where the seller actually uses a separate ID set up to inflate the number and price of the bid.
* Deadbeat Bidder - The deadbeat bidder bids on your auction and then simply fails to pay.
* Sniping - A "sniper" is a bidder that waits until there are only minutes or seconds left on an item and then quickly bids just a little higher to get the items. Although not against the T&C's, it is considered unprofessional and limits competing bidders from driving a high price.
Although eBay accepts just about every type of item, there are a few exclusions such as explosions, corrosive material, etc. Before you go through the entire process of listing your items, make sure you are not listing something forbidden by checking out the do's and don'ts listed on eBay.
Just like any other business, you need to know what your competitors are doing. This will help you make the best possible decision when it comes to your own auction. Before listing your items, do a search for the same type items to see what their descriptions looks like. Find different aspects from different sellers and use them to form one comprehensive site for yourself.
Pay attention to the community boards provided by eBay. They offer valuable information and helpful tips that can ultimately save you time and effort.
Use eBay's Category Guide, which is a helpful tool to ensure you place your auction items in the appropriate category.
When to List
The time of day you list your auction is important. The start time will be the same as the end time, which is why it is so important. If you want your auction to end at 10:00 p.m. on a Sunday night, you need to have the auction start at 10:00 p.m. For this reason, be sure to set the start time accordingly.
Do your Homework
In addition to researching what other people are selling similar items for, you need to conduct your own research outside of eBay as well to determine the going rate for your items. As an example, if you are selling artwork, jewelry, or collectibles, you need to state in your description the going price. Although you may or may not get that price from the buyer, it shows buyers that you have done your homework and will stand a little more firm in your price. It also tells buyers that they are getting quality for a good price.
When it comes to selling on eBay, the door of opportunity stands wide open. Opportunity is what you decide to make of it. As mentioned in the beginning, people literally buy and sell just about everything on eBay. For this reason, do not think that items you have would not be of interest to anyone because more than likely, they will be.
Lewis Leake helps people make money from home. His website at
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Antiques and the Arts Online
Yale Halfback's 1937 Heisman Trophy Drives To $312000 At Heritage Auctions
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DALLAS — Numerous bidders made a run at the 1937 Heisman Memorial Trophy presented to Yale University halfback Clint Frank to drive its final price to $312,000, with buyer's premium, claiming top-lot honors in Heritage Auctions' Fall Sports ...
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Over a Half a Million Dollars Raised to Benefit Tilly's Life Center
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Sponsors, supporters and friends of TLC gathered for an evening of dancing, drinks, family style gourmet food, music, live and silent auctions accompanied by a TLC graduate's captivating story of forgiveness. Their overwhelming support resulted in ...
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November Basrah Light Cargo Sold At OSP +$0.20: Dubai Mercantile Exchange Auctions
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Iraq's National Oil Company SOMO Monday sold a 2-million barrel cargo of Basrah Light via DME Auctions, achieving a premium of $0.20 per barrel over the November Basrah Light Official Selling Price (OSP). SOMO increased its Basrah Light OSPs for ...
Manchester Evening News
This is how you can buy cheap stolen goods - legally
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Bumblebee Auctions - This is a dedicated site where police forces across the country list stolen goods for sale. Auction Houses - Some forces sell their items through auction events, which you have to attend in person. GMP uses a number of auction ...
Sydney records weakest auction weekend in a decade
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The Star, Kenya
King Kaka auctions Eastlando Royalty album cover art for Sh32,000
The Star, Kenya
The proceeds of the auction will go towards the King Kaka Sanitary Bank Campaign that aims to keep 100,000 girls in school. In an interview, King Kaka said he has 18 songs on the album which also features artistes Talib Kweli,Tracy Morgan, Atemi and ...
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