(Part 2) eBay as a Business

Welcome back fellow eBayers



Now you are bonafide eBay sellers and obviously you are happy with your work and now interested in taking the next step. Read On...

Part 2 eBay as a Business

The first thing you must do is accept that this is going to be a business, a serious business.
The beauty of eBay is that you can continue with your normal account while building your business, once orders and sales grow then you can consider opening an eBay shop and hopefully gaining eBay power seller status.
Now stock, do you have something in mind or starting from scratch? No longer will your local car boot sale be able to supply you with the amount of stock or profits that you intend to make.
I would still visit at the weekends though, low price treasures can always be found, just learn to keep an open eye.
There are many eBayers who make a living buying from eBay to sell on eBay! Sounds incredible I know.
Unfortunately for some people they have no idea of the value of their item and many a bargain has been sold for the minimum price set. Keep an eye on ‘items ending soon’
Another way to cash in is to check on misspellings, take any items you are interested in re-selling and carry out a search using all the variations of spelling you can think of.
Camra, mobil fone, comuter games, jewelry, u laugh, weight un till u c a phew!!
Books particularly 1st edition can command high prices, keep an eye out for sales that appear in the wrong places. However do not become involved in any bidding wars unless you know the market.

Check out ‘wholesale and job lots’, in all categories many a sale has included items which are worth more on their own.
Some sellers even start their own house clearance business and sell the stock on eBay. If that is a little too much like hard labour, try to find some friendly dealers in your local area, offering to take some of their stock.
With experience and time you will start to discover what sells on eBay. Keep a close eye on other sellers.
Avoid buying too much stock to start with, buy and sell as you go along.
Learn the tricks like when you find an old magazine full of vintage advertisements. Maximise your profits, sell the pages separately.

So I wish you good luck in your business venture, I’ve sold on eBay for many years now and there is nothing to replace the thrill that you get watching a bidding war on your item.