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Here's a quick and easy eBay selling guide that you can benefit from.
First of all you need an eBay account, you can get one by going to Ebay's main page.
Second of all, if you don't know how to make money on eBay then here's a quick rundown:
You get something in real life, put a price on it, put an auction up, and sell it to somebody over the internet. Then, after they have won the bid or bought it directly, you just mail it to them. It's as simple as that.
The key to selling on eBay and making money on eBay is having a constant flow of sales coming in, so that you can start building on it and really get your success going.
So what are the key elements to successfully selling on eBay? Let's go through it now
1) You have to understand your product, and the people who are buying it
What do I mean by this? Well... If you're selling coffee to somebody who is cold, you know that you have a pretty good chance at making a profit. Cold people would want to drink something hot, even if it doesn't actually do anything to them, psychologically it will help.
What if you tried to sell coffee to an athlete playing in Miami during the summer? Do you think they will buy it? Not a quarter as much as the people who were in the cold!
That's just knowing your audience. If you know your audience, then you know what they want. If you know what they want, then you can give it to them.
2) Your product has to be affordable
This means that you yourself also have to be able to afford buying it in the first place and then reselling it.
Let's say you buy a flat panel TV for $ 500
Now you want to make a profit on it
So let's say you're able to sell it for $ 750
That means $ 750-$ 500 = $ 250 profit! You've just made a 50% profit on your money!
This is where the initial capital comes in. You have to be able to afford the things you're going to sell on eBay, because you can't sell something that isn't in your possession.
So where do you go from here? Well... Find things to sell, put a price on it, and sell them! Don't go too much into your own pocket until you get the hang of it, because the worst thing about eBay is if you want to give it up in the future you wouldn't want to have sunk too much money into it. Get the hang of it first, and then start going crazy!
Have fun!
