One of the great things about the Internet is that it gives you the opportunity to just work from home and have a steady income. While eBay is famous as an auction website, you also have the option of becoming an eBay store owner, which enables you to sell items at a fixed price.
What Can You Sell?
The prototypical eBay seller is someone who just cleans out their attic or garage and sell the things they don’t need on eBay. While this may suffice at the start, you can hardly make a living out of it—sooner or later, you’ll run out of stuff to sell.
So here are some of the better options:
Keep in mind, though, that on eBay your best chances are in a niche where there is very little competition. If you have lots of competitors, then as a newbie you will have a very tough time competing with the big guys.
Know the eBay Rules
eBay offers extensive instructions on how to do things properly, so you may as well take advantage of them and read them carefully. To open an eBay store, the easiest way is to have a PayPal account in good standing, although you can also become ID Verified (this comes with a fee) or have a feedback score of at least 20.
You’ll also need to learn about the fees. There’s an insertion fee, plus an extra fee for images. You’ll also have to pay subscription fees depending on the eBay store level you choose. The Basic costs $19.95 a month, the Premium $59.95, and the Anchor Store $199.95 a month. If you sell only around 50 items a month, then the Basic Store will suffice. But if you list about 500 items and you want top level support, then the Anchor Store will be your best bet.
Avoid Negative Feedback
Even just a single customer complaint can really mess up your “livelihood,” so you need to avoid this at all costs. It’s not enough that you learn how to sell effectively. You have to sell in a way that leaves your customers really satisfied.
So that means you have to be upfront about any defects your merchandise may have. You also need to make sure that the delivery is prompt. Leave positive feedback for buyers, so they will reciprocate the gesture. Good luck!