I love eBay. I can’t get enough. I used to just shop on eBbay. Spend hours a day browsing, bidding, and buying. EBay really is a virtual museum for those who collect anything. Even if you never buy, you can really find just about anything on eBay including things you will just never find at a local store. My fascination with shopping on eBay was a good education on what types of things are valuable, what is rare, and what is just plain junk. It also led me to doing a lot of selling on eBay, and I want to share some of what I have learned.
Anyone can make money on eBay. Its very simple to set up an account and eBay will walk you through everything. I am not writing this to do a tutorial on how to use the website. You do need to set up a Paypal account. This will insure you get your money right away. You can also attach a debit card to that account and use it like cash. You can transfer your funds to a bank account or Paypal will send you a check. Again, Paypal will walk you through the steps on how to set up an account.
Now you can choose to sell lots of little inexpensive items, or you can get educated and sell things that will make it worth your time and effort. Sometimes I just sell inexpensive items ($5 or less) just because things pile up in my house rather quickly and its good to get rid of the stuff. I feel like if someone else can enjoy it, I would rather sell it than toss it or donate it. (I do donate a lot too but I try to sell it first)
The best way to figure out what sells to to do a quick search. Go to advance search settings and type in keywords. Then hit completed Listings. This will show you what was recently completed. You can choose to have it show you prices from highest to lowest. Look at what has sold, not just what people are asking for the items.
Once you are ready to list an item make sure to do a little research on it first online. Type in some key words for a description and see if you can find your item. Also look on eBay the same way. If there are 100 of the same items on eBay that aren’t selling, don’t bother wasting your money on the listing fee. If you see there are other items on there that have sold, you can figure out what you will get for your item. Then you can list starting price or even a buy it now price. Buy it now prices are great. You can even check the box to have the buyer pay as they are bidding and get your money immediately. This works great for gold or silver.
I think the most important thing to know when selling on eBay is what is going to sell. I am going to give you a list of items that I have had a lot of luck with on eBay. It is really important though to look around for a while, shop on eBay, even if its just window shopping, so you know what will sell and what is just another of the same.
So, first and foremost, anything unusual will sell. This means you have to know what is unusual. Being an antique will pretty much insure that it is unusual because over the years things that are old are thrown away or get broken. An antique is pretty much considered anything over 100 years old. Condition is going to be a big factor. No one wants a porcelain item that is cracked or damaged. Keep in mind, eBay is competitive and there will be another like yours on there that is not damaged. Also, most of what is collectible and what gets a lot of money is not what is sold as a collectible. What I mean by that is that a lot of those avon bottles, collectible plates, dolls, have been made in huge mass quantities and labeled as collectibles, and they just aren’t that desired.
Here are things I have found sell very well and you can find them at garage sales, thrift stores and around your house.
Silver & Gold – Everyone has seen the ads about selling your gold. Well let me tell you, they won’t give you anywhere near what you can get on eBay. Right now, you can pretty much get $15 per oz for Sterling Silver, and about $20 per gram for 14k gold. If you want to be sure to sell it right away, just put a little lower buy it now price and check the box that says pay for it immediately and you will have the money in your Paypal account right away. Many times I have the money in about 5 minutes. Some people are confused about silver items. If it doesn’t say sterling, 925, or have hallmarks, it is not Sterling. It is plated. There are some good sites for identifying foreign hallmarks online. Some plated Silver is also collectible. These would be the antiques and figural items. Figural napkin rings, spoons, really anything figural if its old, will sell.
Paintings – If you are artistic and can recognize things you like, most likely someone else will like them too. You can also pick things up cheap. Also sometimes the frames they are in are worth some money. Art is nice because you can buy it if you like it, keep it for a while and when you find something you like better, sell the first one. Try to buy smaller artwork. Larger items are hard to ship and can be cost restrictive.
Toys – Surprisingly, these items will make you a lot of money. Many toys and games are not marketed for long and if someone likes them and can’t get them anymore they become very valuable. Also many people will get rid of toys that are barely used and some still in boxes. You can find things at garage sales and thrift stores for a couple bucks.
Golf Collectibles – again, it has to be unusual but golfers love golf and spend a lot of money on collectibles. Good ones are hard to find though.
Jewelry – This is sort of the same as the silver and gold, but it doesn’t always have to be. I do find these things pretty easy to find at garage sales and thrift stores. Many people get rid of watches once they need batteries. Stick with the better name brands and you can make money on these as long as you find someplace that sells cheap batteries. I found a place that does them for $1. Also vintage and old jewelry that is marked sells great. If you can’t sell it separately you can always sell items in a lot.
Ooak – This stands for One of a Kind. If you are crafty and can really make something special, people will pay big bucks for it. ACEO’s are miniature paintings or other artwork that are pretty easy to make if you are artistic because they are small, and people pay for these items. I have sold things for a few bucks up to $13 but I have seen some from some well known artists go for $300 or more. It is just a great outlet for you, if you are creative to do something quick and and get paid.
The most important thing to remember is selling on eBay is an ongoing learning experience. Be cheap with what you buy. Don’t spend a lot of money on items if you are looking to buy and then turn around and sell. When I say cheap, I mean don’t spend more than a buck or two unless you really know what will sell. Once you start researching your items you will start learning a lot.
Start with things in your house. Look around for items that you really have no use for, or items that have even been packed away and see where it can lead.
If you want other ways to make money online there are other things you can do. Some people can make a ton of money posting content on their websites. Every time someone clicks on their ads or used their search engine they get paid. Google adsense does that.
There are sites that pay you to surf the web. http://www.swagbucks.com/refer/tinacf. This is a referral link and if you want to sign up I would appreciate it if you do it under my link. Technically they don’t pay you, you get their points for surfing and doing other things and those points can can be used to get gift cards and Paypal money.
This article is through associatedcontent.com and if you have something to contribute you can write articles and get money when people read them.
There are also some great sites that pay you to take surveys. None of these things pay you much as you can make just getting rid of your stuff on eBay, but it all adds up. While this article isn’t meant to show you how to make a living off of the internet, if you want to just get some extra cash you can with not much effort.