Let me tell you how it works and probably in a few minutes you will be ready to start your new business selling articles online.
What is Ebay?
Ebay is a business concept created in the late 90’s as a auction site. Its creator, devised it as a platform through which people could offer their items for sale, whatever they were, published in an auction system. The auction allows several interested parties to see an item and offer a sum of money to buy it with the final buyer being the one who offers the highest amount at the close of the auction.
The concept worked so well that today, millions of articles of all kinds are published around the world and thousands of sales are made daily.
What does Ebay earn?
Very simple, at first the publication of an article has a minimum cost of more or less a couple of dollars, and additionally Ebay charges a percentage commission if the article is sold, with which they also have a great business taking into account the amount of items being promoted. Additionally, if you want to make use of some advantages when publishing, you pay a few additional cents.
What can be sold on Ebay?
You can simply sell anything from autographed photos of artists, video games, cars, strange artifacts, exotic perfumes, etc., to name just a few examples, to clothing, toys, parts, appliances, books, and any other item you can think of.
In fact, it is said that the rarest items you can imagine have been sold at very good prices, such as the slice of bread that had the image of the virgin that was sold for $ 28,000 dollars, an 18th century vampire killing kit that sold for $ 2,000 or even the 18-year-old British girl who sold her virginity for $ 1,000! You can see a full report on these and more articles at this link.
What is your business about?
Let’s get down to business now. The business on Ebay It basically consists of promoting items for sale, especially if they are used or second-hand items since they are the ones that can be offered at more attractive prices. Some people even strike deals with wholesalers to offer certain (new) items at special prices that can be successfully marketed on Ebay.
If you want to start by familiarizing yourself with the system, you can sell some used items of your property that you consider salable, set them a base price and soon you will receive offers from the hundreds of thousands of users who visit the auctions on Ebay daily. Obviously, since the site is international, you should consider shipping within your conditions of sale, which you should not worry about because the shipping of the items is usually paid by the buyer.
What you will need is to approach a shipping company such as DHL, UPS or similar to request specific information on the costs to send the articles to certain regions in such a way that you can make it specific in the publication of your article.
Ready, once published, the item is automatically sold to the buyer who makes the highest offer (within the price limits that you establish). Then, the buyer sends you the payment money and once you have the check in your hand, you send the item. Easy !
Simple as it sounds!
Of course, although it is a relatively simple system and easy to learn, like any business, it has important aspects that must be taken care of and respected so that everything works properly, among them, you must be responsible with shipments and comply with the letter with what is offered in the item description. This has to do with the characteristics, general condition and operation of the article when applicable.
The Ebay auction system includes a buyer and seller rating mechanism. You rate the buyer and they rate you in such a way that other people can know who they are doing business with, so maintaining a good reputation is the absolute guarantee of more and better business.
Additionally, Ebay was conceived in English, so it will help you a lot if you can do it in this language, but don’t worry, if you don’t speak English, you can make use of Ebay subsidiaries in Spanish such as . or .
The steps to follow
Basically to start your business are the following:
- Register on the Ebay.com site
- You will need to confirm your data and it is a requirement to have a credit card (this as you will understand is the only mechanism that Ebay has to ensure that it is dealing with serious and formal sellers and buyers)
- Start publishing your articles
- Track your sales transactions
- Once your sales are complete, submit your items
- Rate the buyer
- Publish more articles
In reality there are no limits to how much you can sell and the specific prices and conditions are decided solely by you and it is precisely there where your business skills come into play. A good item at a good price is ideal as well as a good sales promotion.
I know you will have many questions, leave a comment and we can answer them. Also, if you want to know more about Ebay and see a complete tutorial on the use of its platform, you can find it by clicking on this link.
So I wish you luck with your new internet business!
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