Unleashing the Secrets of eBay Selling for Newbies: Your 2023 Guide for Success!
SIDE HUSTLES
Beginner’s Guide to Selling on eBay in 2023
By Marc Andre
Updated December 19, 2022
Interested in making some extra income in 2023? Why not consider reselling used items on eBay? This guide will help you get started, even if you’re new to eBay.
Meet Nathan Clarke – a Successful eBay Seller
Nathan Clarke, a full-time system engineer, resells used items on eBay for extra income. He started this side gig to boost his savings with a goal to increase his net worth. Nathan uses eBay to make profit from items he no longer uses or finds uniquely interesting. His diverse inventory on eBay ranges from clothes and hats to unique vintage items and even things that people might consider trash.
What Can You Sell on eBay?
On eBay, you have the freedom to sell just about anything, depending on your preference. Some sellers specialize in a specific niche, while others, like Nathan, take a more general approach.
Where Can You Find Items to Sell?
If you plan to scale up from selling unused items at home, thrift stores, yard sales, and estate sales are great places to start. You could also explore auctions, flea markets, and even the free section of Craigslist.
Selling on Other Platforms
Although eBay is Nathan’s primary platform, he mentioned that Facebook Marketplace is also a good platform for selling larger items.
Investing Your Time
Selling on eBay can be as minimal or intensive of a project as you want it to be. Nathan invests around 5-6 hours per week in his eBay store, which earns him over $500 a month. He believes he could turn this into a full-time job if he devoted more time to it.
How to Get Started on eBay
1. Set up eBay and PayPal Accounts: You’ll need eBay and PayPal accounts to conduct transactions on eBay.
2. Find Your First Product to Sell: Start by selling items around your home. This not only helps you familiarize yourself with the process, but it also enables you to start without additional costs.
3. Photograph Your Items: Clear photos are crucial to successful selling. Take pictures in natural light and from various angles, ensuring that the product is in focus and clearly visible against the background.
4. Create a Listing: Use keywords in your product title and description to increase visibility. Provide accurate and detailed information about your item’s size, condition, brand, etc.
Once the auction ends and you receive payment, pack your sold item properly and mark it as shipped. Don’t forget to leave positive feedback for the buyer.
Scaling Up Your Business
Once you’re comfortable, you can start sourcing products to sell regularly. The option is open to either specialize or continue with a variety of items.
A Few Handy Tips for eBay Sellers
– Check completed eBay listings to understand the ongoing rate.
– Allow buyers a chance to counteroffer.
– Optimize your eBay listings for SEO.
– Deliver excellent product photos.
– Consider starting an eBay store for a professional interface.
– Offer free shipping and returns where possible.
– Improve your feedback score.
If selling online seems like an interesting side hustle for you, try it out! Start by looking around your house for items you no longer need and could sell. You’ll learn as you go, and with experience, you can start making more money.
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Tags: #makemoneyonline, #makingmoney, #money, #sidehustle