Monday, June 09, 2008

10 Tips to Starting a Financially Successful Ebay Business

Ebay is Perhaps the easiest and fastest way to start a home based online business. Here are 10 Tips to starting a Successful Ebay Business
1 - Become an Ebay Shopper
Buy a Few things on Ebay. Learn your way around. Pay for your winning Bids Promptly and get positive Feedback
2 - Register as a Reseller
Go to the EBay Web Page and Register as a Reseller
3 - Take a Class
Ebay Offers online Classes starting at $19.95 and up
Ebay also Offers Classes in a Live Seminar Format
4 - Practice
Find something around the house you no longer want. Some Old Jewelery, a Game your child outgrew, that Gown you bought on sale and never wore, the Special addition Rubik’s Cube. One man’s junk is another man’s Treasure.
5 - What to Sell
Sell something you enjoy. If you enjoy what you are doing you more then likely will be more successful. Sell what you know. If you couldn’t spot a Rolex from a Timex you don’t want to be selling watches.
6 - Create Your Ad
Use Keyword rich text in your ads so they will be picked up by search engines. Make sure your text is people Friendly and People Readable
7 - Picture
You need a Picture with your ad. If you are serious about selling on Ebay you will need a good Digital Camera, Don’t skimp. A 4 Mega Pixal camera is Good a 5 Mega Pixal Camera is Better. All things being Equal between 2 Ads the one with the best pictures will get the Best Bids.
8 - Payment Options
It is always best to have lot’s of Payment Options, Paypal, Credit Cards, Money Orders. If 2 Auctions are the same the one with the most flexible payment options will get the best bids
9 - Shipping
Make sure you pack your items well. Research shipping options and pricing and list them in your Auction, Offer insurance as an Option and charge the actual cost.
10 - Feedback
Always give your Buyers Feedback especially if it is positive. After you give positive feedback request positive feedback in return.
Good Luck and Happy Ebaying

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