Start Your Own Business: Sell Things on eBay

The popularity of online auction site eBay has been legendary. With millions of transactions completed daily, it is no surprise why many individuals who do not usually shop online regularly purchase items through eBay. From antique washboards to brand new wedding gowns, everything under the sun can be found within the many categories in one of the web's most popular websites. Many entrepreneurs have used the website's popularity to their advantage and sell things on ebay. With little start-up costs, using eBay as your marketplace instead of a traditional storefront, selling items on eBay is an excellent means for any entrepreneur to develop a successful business.

There are many e-books and websites devoted on how to start an ebay business, so resources abound on the World Wide Web. You may want to seek out individuals who have started a successful eBay business for their stories and helpful tips. You can find these individuals by directly contacting them through their eBay sites or through business-related websites. Additionally, you should check out the websites of other eBay sellers, especially those selling things similar to your goods. Finally, access the eBay website and find the specifics on how to go about setting up your eBay business. You will find some auctions will be more successful than others. Many sellers choose to set their auctions to end on a weekend instead of a week day. These sellers have determined their auctions tend to elicit more bids during that time since more potential buyers are online.

Regardless what you choose to sell on eBay, keep in mind the size and shape. You will be shipping all auction items to their buyers, who will cover the cost of shipping in their payment. For this reason, many buyers may be hesitant to bid on items that will be expensive to ship. Additionally, you will want to choose items that will easily fit into a standard-size box, since oversized items (even though they may be lightweight) will be expensive to ship. You will want to be knowledgeable of the shipping policies of the United States Postal Service in addition to other shipping companies. Furthermore, if you plan of shipping a large volume of items, you should consider where you are going to get your shipping supplies. Many sellers add in a slight handling fee to cover the cost of these supplies.

Just as with starting any business, carefully consider what type of eBay business you wish to start. Deciding what items to sell will be a huge part of the start-up of your eBay business, as you must figure out where you are going to get your stock. Many sellers choose to sell their handmade or craft items instead of purchased goods. Other individuals choose to sell antiques on eBay instead of renting space in an antique mall or setting up a traditional storefront shop. If you currently participate in an "at-home" business such as Mary Kay, Pampered Chef, or Creative Memories, eBay is an excellent way to expand your clientele. Many buyers are looking for these items but do not know a representative or do not wish to wait the traditional order time to receive their products.

Whatever you choose to sell on eBay, the appearance and wording of your auction will make all the different when it comes to selling your products. Perhaps the most important feature of your auction website will be the photographs of the products. Investing in a digital camera will pay off quite well in the end, as most eBay users do not look at auctions unless they have images of the product attached. Your description should compliment your image and describe the product to the utmost detail. If there are any flaws in the item, be sure to note this and even take a picture. You will find sellers would rather bid on items they know is slightly damaged instead of thinking they have been duped when they receive your auction in less than mint condition. The buyer feedback that makes up your seller rating will be quite important, since you are selling items based on your good faith.

John Evans runs http://www.SuccessAlert.com, and has written the book Success Alert - Conversations with Successful Internet Entrepreneurs which has been widely acclaimed in a variety of online and print media. If you want to learn to sell things on eBay this book is an absolute must-read!

In The News:


CEP News

TREASURIES-Bonds extend gains after 10-year note auction
Reuters - 1 hour ago
NEW YORK, Jan 8 (Reuters) - US Treasury debt prices extended gains on Thursday afternoon after decent demand in an auction of $16 billion of reopened ...
Treasurys down after $30B auction CNNMoney.com
Solid auction strengthens safe-haven bid guardian.co.uk
Borrowing binge exacerbates selling in US bonds Reuters India
CanadianBusiness.comall 146 news articles

United Country Auction Services, Colliers International form alliance
Bizjournals.com, NC - 2 hours ago
United Country Auction Services, based in Kansas City, has aligned with Colliers International to provide accelerated transaction services to commercial ...

Economist

BOND REPORT: Treasurys Modestly Lower Ahead Of Three-year Notes ...
CNNMoney.com - Jan 7, 2009
Another $112 billion in short-term bill auctions are scheduled as well. Also on tap, Treasury Secretary Henry Paulson will discuss the role of Fannie Mae ...
US Treasuries Decline Before Record $30 Billion Debt Auction Bloomberg
Weak Jobs Report Lifts Treasurys Wall Street Journal
TREASURIES-Longer bonds fall on auctions, issuance fears Reuters
EasyBourse.com - Wall Street Journalall 235 news articles

Boston Globe

Japan’s 10-Year Bonds Fall; Surge in Sales Cools Auction Demand
Bloomberg - 11 hours ago
The sale drew bids worth 2.33 times the amount offered, compared with a so-called bid-to-cover ratio of 2.9 times at the previous auction last month. ...
Japanese 30-Year Bonds Decline as Dealers Prepare for Auction Bloomberg
Japan 10-Year Bonds Fall as Stock Gains Reduce Demand for Debt Bloomberg
Japan Bond Futures Fall as Stock Gains Reduce Demand for Debt Bloomberg
Bloombergall 641 news articles

ABT: Lionel #3650 Dk Gray Searchlight Car/OB
Auction Central News, NY - 2 hours ago
TIME: This Auction begins at 7:30 pm Eastern Standard Time on Monday, January 19, 2009. It will be completed prior to midnight on that date. ...

CEP News

French, Spanish bond auctions soothe supply nerves
guardian.co.uk, UK - 6 hours ago
"The Spanish auction went a bit better than the French. You got a bit better bid-cover ratio for the 2014 (Spanish sale) from the last auction in October ...
German Bond Auction Fails to Attract Enough Demand Bloomberg
Bond scare as German auction fails and British debt hits danger level Telegraph.co.uk
Investors shun auction of German Bunds Independent
Financial Times - CEP Newsall 25 news articles

Record UK Gilt Sales Raise Risk of Auction Failure
Bloomberg - Jan 7, 2009
7 (Bloomberg) -- Britain may overwhelm bond investors with a record number of quarterly debt sales, risking the first failed auctions since 2002 as the ...
More questions over Britain’s ability to raise new debt Financial Times
Treasury agency finalises €5bn sale deal for funds to plug budget ... Irish Independent
Fears over UK gilts going unsold First Post
all 5 news articles

Auction to benefit Warrior Foundation
San Diego Union Tribune, CA - 4 hours ago
By Rick Rogers (Contact) Union-Tribune Staff Writer OCEANSIDE — An art auction to benefit the Warrior Foundation will be held at 5 pm Jan. ...

St. Louis Post-Dispatch

Fire damages livestock auction site
Belleville News Democrat,  USA - 5 hours ago
Investigators are looking into the cause of an early-morning fire at a livestock auction site in Franklin County. The fire broke out around 3:30 am Thursday ...
Three-alarm fire guts Livestock Center in St. Clair, Mo. St. Louis Post-Dispatch
Three Alarm Fire At Livestock Auction Center MyFox Saint Louis
fire guts Livestock Center in St. Clair, Mo. St. Louis Post-Dispatch
all 10 news articles

Voxy

Farmers hit out at Fonterra
Stuff.co.nz, New Zealand - 35 minutes ago
The introduction of auctions in July coincided with a fall of over 50% in international dairy prices. Last month, former National MP Wyatt Creech, ...
Suppliers call for review of auction system Otago Daily Times
World Milk Prices Continue to Decline - NZ's Fonterra FLEXNEWS
Milk powder prices curdle in crisis The Australian
just-food.com (subscription) - NZ Herald Dunedin Metroall 125 news articles
auctions - Google News


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