Last Updated on Mar 12, 2020 by James W
I don’t know about you, but I love eBay. It’s one of the few websites in the world where you can buy and sell items to a global audience. It doesn’t matter whether they are new or used, working or broken. You will find pretty much anything and everything for sale on eBay!
I’ve been using eBay for over ten years now, buying and selling in both a personal and business capacity. It’s great for selling the odd thing here and there. But did you know that thousands of people make a living by selling stuff on eBay?
The best thing about selling stuff on eBay is that you can do it from the comfort of your own home. In today’s blog post, you will learn how to set up a home-based eBay business. I will also give you some pointers on how you can make it profitable too! Don’t worry; you can thank me later!
Set up eBay and PayPal business accounts
What you need to do first is set up a business seller account. They differ to personal accounts in that you have powerful tools to help you be a better seller on the website. You will also need to set up a business PayPal account too.
Signing up is free and simple, but you might need to submit documents to prove that you are a business. Examples include company registration documents.
Set up an eBay “store???
The next step is to sign up to eBay’s store system. This gives you the ability to have a virtual shopfront and categorize your products. Buyers are more likely to get items from business sellers that have an eBay store.
There are various “levels??? of store you can get, with a basic store costing around $16 a month. Other benefits of eBay stores include free listings, reduced fees and better exposure in search listings.
Sign up to Terapeak
Research is key to selling your goods at the right prices. List stuff too cheap or too expensive, and few people will buy them. One of the best tools to help you research prices on eBay is Terapeak.
It’s not a free service. But what you get for your money is a valuable sales tool that can help you determine best prices, and even the best times to sell your goods! It’s a good investment that all eBay business sellers should sign up to.
Print postage stamps at home
If you sell a lot of small items that you can send in the mail without visiting a post office, you should print your postage stamps at home. You can get stamps right at your computer as long as you have a decent printer.
A good set of weighing scales will ensure that you don’t pay too little or too much for your stamps. It’s a great time-saver, and it means you can send items out in batches without spending your time queuing and paying for postage!
Good luck with your new eBay business venture!