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How to resell Items on eBay for extra money

11/05/2020

Selling Items on eBay for extra money

Buying and reselling items on eBay can be a great way to make money – whether you are working from home with a limited budget or a reseller who sells large quantities or products.

What is reselling?

Reselling is where you purchase an item to resell for a profit. A reseller may buy an item from charity shops, car boot sales or eBay auctions and then you go and sell that item on eBay for a higher price. Many resellers use marketplaces like eBay, Facebook marketplace, Gumtree and Amazon, to source and sell their items.

Why sell on eBay?

eBay has roughly 167 million active users as well as 25 million sellers. It’s one of the largest online marketplaces with millions of new listings every single day. One great benefit to using eBay is their low listing fees compared to other online merchants.

By selling on eBay though PayPal, you have immediate access to revenue from the moment the buyers pay. While on other platforms such as Amazon, sellers have to wait 14 days to see their funds released into their amazon payments, then wait another week for that money to be moved to their bank.

Selling vehicles and real estate can also be done on eBay which can not be done on most other online marketplaces.

eBay is also unique in its auction styled listing formats, which lets bidders decide how much an item with sell for.

What items should you resell

There are many great items to sell on eBay ranging from garden utilities to photographic equipment. There is a market and buyers for every item. Some eBay sellers focus on a certain niche while others follow trends to sell what is popular or trending and that point in time. Both have their pros and cons. First, we will look at some categories and then we will look at trending items.

Electronics

Selling second hand electronics on eBay has always been a profitable endeavour. The main thing to consider when dealing in this market is having a good way to source items. You can use our service to help you find discounted items on eBay. Other areas you can look into to find items, are the Facebook marketplace, gumtree and local car boot sales.

When buying electronics, always look at the pictures carefully for any blemishes or damages the item may have and if possible, arrange to see the item in person.

There is also a sizable market of broken phones, that go for a very low price. Common issues are broken screens and broken charging ports. If you are willing to learn how to do repairs for these two prominent issues, there is opportunity to make a great amount of money.

Auto Parts

Selling auto parts online is growing fast, listings now reach over 10 million unique car buyers. For this category eBay’s fees are 6-10% depending on your account type.

Vehicles, auto parts and accessories can be listed in the same formats as most other product categories. You can choose to list as an auction, buy it now or best offer.

Selling auto parts is now very simple if you use eBay.

Clothes

There are millions of items of clothing for sale on eBay at any given time. The clothing market is a very competitive space. As a seller you must go the extra mile to give outstanding service.

For clothing, always include all measurements in an informative description. This includes the sleeve length, pit to pit length, collar size and shoulder to seam length. If you can, display the clothing on a mannequin, this will increase the chance of your item selling as buyers will be able to visualize better how the item will look.

You can source clothes from a variety of different locations, including charity shops, car boot sales and friends and family.

Cameras and Photography Equipment

Photographers are always looking to buy new equipment to add to their arsenal. When selling photography equipment make sure you evaluate the price of your items correctly.

Looking for trending items

One way to find items is too look for what is trending. This can help you to gauge consumer demand and determine the best time to list a product. . Items will trend at different times of the year; an obvious example is winter clothing. You can use our tools to see the trend of an item in search results.

Where to source your items from

You can find items to sell with our free tools. Our tools allow you to search for any item on eBay’s market. You can then learn of its price history and if the item is regularly sold on eBay.

There is also a live auctions section. In this section you will see all the current listings for this item. You will be able to spot items that are currently selling for less than their average price. If you are able to win these items, you will then be able to resell them for a profit.

Selling your items

eBay has two selling formats, Auction and Buy it now. There are pros and cons to both selling formats – the one that will work best for you will be highly dependent on your individual business.

Auction Listings

This type of selling works very well for unique and collectable items. Passionate buyers will bid up the pricing in an attempt to secure the item for them self, allowing you to receive to a nice profit.

However, if the bidding was not as successful as you would have hoped, you are able to set a reserve price. This ensures that you don’t have to sell the item if it did not sell for as much as you believe that is it worth.

Auctions can also take a lot longer then buy it now listings. This can mean that your capital can be held up in specific items.

Buy it Now Listings

Buy it now allows sellers to declare a fixed price for item. Buyers know the exact price upfront and there is no need for bidding. This style is efficient and convenient as there is haggling or waiting for an auction to end.

However, if the price you set is too high you may get no buyers, so when you list an item, set it at competitive price in its respective market.

Photos

Having the correct photo for your item is one of the most important aspect to attracting buyers. A bad photo can make people skip over your listing. Having great photos will also help the customer have greater confidence in the item.

Some general guidelines to follow are: • Clean your items • Have bright lighting • Use a solid background • Take photos from multiple angles

Product Titles

On eBay, shoppers search using keywords. The title of your listing is very important. The title along with the photo will allow customers to learn more about your product and the condition it is in. Use descriptive keywords to clearly convey what you are selling and include the item’s brand name, artist or designer.

Product Descriptions

You can optimize your product description by making sure to include relevant keywords and product identifiers, such as the brand, style, model number, colour and size. Be transparent about the condition of your item, including any flaws or defects.

Fast, Low-Cost Shipping

Cost and speed are at the forefront of buyer’s minds on eBay. Over time buyers’ expectations have increased, and they are more frequently looking for free shipping. To compete in the eBay marketplace, offer low or free shipping, as this is likely to appeal to more buyers and increase your chances of sale.

Free Returns

eBay offers five different types of return policies for you to choose from. • No returns accepted • 30-day buyer-paid returns • 30-day free returns • 60-day buyer-paid returns • 60-day free returns

Free returns are the most attractive return policy to buyers and will help your item to stand out the little bit more in a crowded market.

You Need Patience

Depending on where you are looking, you are most likely going to have to sift through a lot of items to find anything that has some sort of value. If an item is sitting in plain sight, then there will probably be a lot of attention attracted towards it, raising the price.

Building customer trust

It can be difficult to get customers to trust and buy from you when you are an unknown name. But customers trust eBay, and you can use this as leverage to make customers trust your store.

The strongest way to build customer trust on eBay is by building positive customer feedback. This means have rapid dispatch times, answering customer's queries and complaints and offering a service that keeps them happy. This can take time, and the less you sell the longer it will take.

Conclusion

To maximise the amount of money you make, you have to do the research and put in the work. There is nothing like eBay, which offers so many opportunities to make extra money and to find great deals. You can use our free tools to assist your eBay Business.

How to resell Items on eBay for extra money

11/05/2020

Selling Items on eBay for extra money

Buying and Reselling items on eBay can be a great way to make money – whether you are working from home with a limited budget or a reseller who sells large quantities or products.

What is reselling?

Reselling is where you purchase an item to resell for a profit. A reseller may buy an item from charity shops, car boot sales or eBay auctions and then you go and sell that item on eBay for a higher price. Many resellers use marketplaces like eBay, Facebook marketplace, Gumtree and Amazon, to source and sell their items.

Why sell on eBay?

eBay has roughly 167 million active users as well as 25 million sellers. It’s one of the largest online marketplaces with millions of new listings every single day. One great benefit to using eBay is their low listing fees compared to other online merchants.

By selling on eBay though PayPal you also have immediate access to revenue from the moment the buyers pay. While on other platforms such as Amazon, sellers have to wait 14 days to see their funds released into their amazon payments, then wait another week for that money to be moved to their bank.

Selling vehicles and real estate can also be done on eBay which can not be done on most other online marketplaces.

eBay is also unique in its auction styled listing formats, which lets bidders decide how much an item with sell for.

What items should you resell

There are many great items to sell on eBay ranging from garden utilities to photographic equipment. There is a market and buyers for every item. Some eBay sellers focus on a certain niche while others follow trends to sell what is popular or trending and that point in time. Both have their pros and cons. First, we will look at some categories and then we will look at trending items.

Electronics

Selling second hand electronics on eBay has always been a profitable endeavour. The main thing to consider when dealing in this market is having a good way to source items. You can use our service to help you find discounted items on eBay. Other areas you can look into to find items, are the Facebook marketplace, gumtree and local car boot sales.

When buying electronics, always look at the pictures carefully for any faults or damages an item may have and if possible, arrange to see the item in person.

There is also a sizable market of broken phones, that go for a very low price. Common issues are broken screens and broken charging ports. If you are willing to learn how to do repairs for these two prominent issues, there is opportunity to make a great amount of money.

Auto Parts

Selling auto parts online is growing fast, listings now reach over 10 million unique car buyers. For this category eBay’s fees are 6-10% depending on your account type.

Vehicles, auto parts and accessories can be listed in the same formats as most other product categories. You can choose to list as an auction, buy it now or best offer.

Selling auto parts is now very simple if you use eBay.

Clothes

There are millions of items of clothing for sale on eBay at any given time. The clothing market is a very competitive space. As a seller you must go the extra mile to give outstanding service.

For clothing, always include all measurements in an informative description. This includes the sleeve length, pit to pit length, collar size and shoulder to seam length. If you can, display the clothing on a mannequin, this will increase the chance of your item selling as buyers will be able to visualize better how the item will look.

You can source clothes from a variety of different locations, including charity shops, car boot sales and friends and family.

Cameras and Photography Equipment

Photographers are always looking to buy new equipment to add to their arsenal. When selling photography equipment make sure you evaluate the price of your items correctly.

Looking for trending items

One way to find items is too look for what is trending. This can help you to gauge consumer demand and determine the best time to list a product. . Items will trend at different times of the year; an obvious example is winter clothing. You can use our tools to see the trend of an item in search results.

Where to source your items from

You can find items to sell with our free tools. Our tools allow you to search for any item on eBay’s market. You can then learn of its price history and if the item is regularly sold on eBay.

There is also a live auctions section. In this section you will see all the current listings for this item. You will be able to spot items that are currently selling for less than their average price. If you are able to win these items, you will then be able to resell them for a profit.

Selling your items

eBay has two selling formats, Auction and Buy it now. There are pros and cons to both selling formats – the one that will work best for you will be highly dependent on your individual business.

Auction Listings

This type of selling works very well for unique and collectable items. Passionate buyers will bid up the pricing in an attempt to secure the item for them self, allowing you to receive to a nice profit.

However, if the bidding was not as successful as you would have hoped, you are able to set a reserve price. This ensures that you don’t have to sell the item if it did not sell for as much as you believe that is it worth.

Auctions can also take a lot longer then buy it now listings. This can mean that your capital can be held up in specific items.

Buy it Now Listings

Buy it now allows sellers to declare a fixed price for item. Buyers know the exact price upfront and there is no need for bidding. This style is efficient and convenient as there is haggling or waiting for an auction to end.

However, if the price you set is too high you may get no buyers, so when you list an item, set it at competitive price in its respective market.

Photos

Having the correct photo for your item is one of the most important aspect to attracting buyers. A bad photo can make people skip over your listing. Having great photos will also help the customer have greater confidence in the item.

Some general guidelines to follow are: • Clean your items • Have bright lighting • Use a solid background • Take photos from multiple angles

Product Titles

On eBay, shoppers search using keywords. The title of your listing is very important. The title along with the photo will allow customers to learn more about your product and the condition it is in. Use descriptive keywords to clearly convey what you are selling and include the item’s brand name, artist or designer.

Product Descriptions

You can optimize your product description by making sure to include relevant keywords and product identifiers, such as the brand, style, model number, colour and size. Be transparent about the condition of your item, including any flaws or defects.

Fast, Low-Cost Shipping

Cost and speed are at the forefront of buyer’s minds on eBay. Over time buyers’ expectations have increased, and they are more frequently looking for free shipping. To compete in the eBay marketplace, offer low or free shipping, as this is likely to appeal to more buyers and increase your chances of sale.

Free Returns

eBay offers five different types of return policies for you to choose from. • No returns accepted • 30-day buyer-paid returns • 30-day free returns • 60-day buyer-paid returns • 60-day free returns

Free returns are the most attractive return policy to buyers and will help your item to stand out the little bit more in a crowded market.

You Need Patience

Depending on where you are looking, you are most likely going to have to sift through a lot of items to find anything that has some sort of value. If an item is sitting in plain sight, then there will probably be a lot of attention attracted towards it, raising the price.

Building customer trust

It can be difficult to get customers to trust and buy from you when you are an unknown name. But customers trust eBay, and you can use this as leverage to make customers trust your store.

The strongest way to build customer trust on eBay is by building positive customer feedback. This means have rapid dispatch times, answering customer's queries and complaints and offering a service that keeps them happy. This can take time, and the less you sell the longer it will take.

Conclusion

To maximise the amount of money you make, you have to do the research and put in the work. There is nothing like eBay, which offers so many opportunities to make extra money and to find great deals. You can use our free tools to assist your eBay Business.

How to resell Items on eBay for extra money

11/05/2020

Selling Items on eBay for extra money

Buying and Reselling items on eBay can be a great way to make money – whether you are working from home with a limited budget or a reseller who sells large quantities or products.

What is reselling?

Reselling is where you purchase an item to resell for a profit. A reseller may buy an item from charity shops, car boot sales or eBay auctions and then you go and sell that item on eBay for a higher price. Many resellers use marketplaces like eBay, Facebook marketplace, Gumtree and Amazon, to source and sell their items.

Why sell on eBay?

eBay has roughly 167 million active users as well as 25 million sellers. It’s one of the largest online marketplaces with millions of new listings every single day. One great benefit to using eBay is their low listing fees compared to other online merchants.

By selling on eBay though PayPal you also have immediate access to revenue from the moment the buyers pay. While on other platforms such as Amazon, sellers have to wait 14 days to see their funds released into their amazon payments, then wait another week for that money to be moved to their bank.

Selling vehicles and real estate can also be done on eBay which can not be done on most other online marketplaces.

eBay is also unique in its auction styled listing formats, which lets bidders decide how much an item with sell for.

What items should you resell

There are many great items to sell on eBay ranging from garden utilities to photographic equipment. There is a market and buyers for every item. Some eBay sellers focus on a certain niche while others follow trends to sell what is popular or trending and that point in time. Both have their pros and cons. First, we will look at some categories and then we will look at trending items.

Electronics

Selling second hand electronics on eBay has always been a profitable endeavour. The main thing to consider when dealing in this market is having a good way to source items. You can use our service to help you find discounted items on eBay. Other areas you can look into to find items, are the Facebook marketplace, gumtree and local car boot sales.

When buying electronics, always look at the pictures carefully for any faults or damages an item may have and if possible, arrange to see the item in person.

There is also a sizable market of broken phones, that go for a very low price. Common issues are broken screens and broken charging ports. If you are willing to learn how to do repairs for these two prominent issues, there is opportunity to make a great amount of money.

Auto Parts

Selling auto parts online is growing fast, listings now reach over 10 million unique car buyers. For this category eBay’s fees are 6-10% depending on your account type.

Vehicles, auto parts and accessories can be listed in the same formats as most other product categories. You can choose to list as an auction, buy it now or best offer.

Selling auto parts is now very simple if you use eBay.

Clothes

There are millions of items of clothing for sale on eBay at any given time. The clothing market is a very competitive space. As a seller you must go the extra mile to give outstanding service.

For clothing, always include all measurements in an informative description. This includes the sleeve length, pit to pit length, collar size and shoulder to seam length. If you can, display the clothing on a mannequin, this will increase the chance of your item selling as buyers will be able to visualize better how the item will look.

You can source clothes from a variety of different locations, including charity shops, car boot sales and friends and family.

Cameras and Photography Equipment

Photographers are always looking to buy new equipment to add to their arsenal. When selling photography equipment make sure you evaluate the price of your items correctly.

Looking for trending items

One way to find items is too look for what is trending. This can help you to gauge consumer demand and determine the best time to list a product. . Items will trend at different times of the year; an obvious example is winter clothing. You can use our tools to see the trend of an item in search results.

Where to source your items from

You can find items to sell with our free tools. Our tools allow you to search for any item on eBay’s market. You can then learn of its price history and if the item is regularly sold on eBay.

There is also a live auctions section. In this section you will see all the current listings for this item. You will be able to spot items that are currently selling for less than their average price. If you are able to win these items, you will then be able to resell them for a profit.

Selling your items

eBay has two selling formats, Auction and Buy it now. There are pros and cons to both selling formats – the one that will work best for you will be highly dependent on your individual business.

Auction Listings

This type of selling works very well for unique and collectable items. Passionate buyers will bid up the pricing in an attempt to secure the item for them self, allowing you to receive to a nice profit.

However, if the bidding was not as successful as you would have hoped, you are able to set a reserve price. This ensures that you don’t have to sell the item if it did not sell for as much as you believe that is it worth.

Auctions can also take a lot longer then buy it now listings. This can mean that your capital can be held up in specific items.

Buy it Now Listings

Buy it now allows sellers to declare a fixed price for item. Buyers know the exact price upfront and there is no need for bidding. This style is efficient and convenient as there is haggling or waiting for an auction to end.

However, if the price you set is too high you may get no buyers, so when you list an item, set it at competitive price in its respective market.

Photos

Having the correct photo for your item is one of the most important aspect to attracting buyers. A bad photo can make people skip over your listing. Having great photos will also help the customer have greater confidence in the item.

Some general guidelines to follow are: • Clean your items • Have bright lighting • Use a solid background • Take photos from multiple angles

Product Titles

On eBay, shoppers search using keywords. The title of your listing is very important. The title along with the photo will allow customers to learn more about your product and the condition it is in. Use descriptive keywords to clearly convey what you are selling and include the item’s brand name, artist or designer.

Product Descriptions

You can optimize your product description by making sure to include relevant keywords and product identifiers, such as the brand, style, model number, colour and size. Be transparent about the condition of your item, including any flaws or defects.

Fast, Low-Cost Shipping

Cost and speed are at the forefront of buyer’s minds on eBay. Over time buyers’ expectations have increased, and they are more frequently looking for free shipping. To compete in the eBay marketplace, offer low or free shipping, as this is likely to appeal to more buyers and increase your chances of sale.

Free Returns

eBay offers five different types of return policies for you to choose from. • No returns accepted • 30-day buyer-paid returns • 30-day free returns • 60-day buyer-paid returns • 60-day free returns

Free returns are the most attractive return policy to buyers and will help your item to stand out the little bit more in a crowded market.

You Need Patience

Depending on where you are looking, you are most likely going to have to sift through a lot of items to find anything that has some sort of value. If an item is sitting in plain sight, then there will probably be a lot of attention attracted towards it, raising the price.

Building customer trust

It can be difficult to get customers to trust and buy from you when you are an unknown name. But customers trust eBay, and you can use this as leverage to make customers trust your store.

The strongest way to build customer trust on eBay is by building positive customer feedback. This means have rapid dispatch times, answering customer's queries and complaints and offering a service that keeps them happy. This can take time, and the less you sell the longer it will take.

Conclusion

To maximise the amount of money you make, you have to do the research and put in the work. There is nothing like eBay, which offers so many opportunities to make extra money and to find great deals. You can use our free tools to assist your eBay Business.