Are you looking for ways to make a little money and are curious about EBAY? EBAY is an online auction website that allows people to sell items safely and securely on the internet. If you are willing to put some effort into it, then there is lots of money to be made.
How do I make money on EBAY? Making money is simple. You can easily sell some of your old items and make a profit of some kind. The question is how to make lots of money for little time and little effort. That’s actually the more difficult part of EBAY. You need to find items that you enjoy, sell them at the right time, factor in shipping costs, and be able to keep up your inventory (might have to order in bulk).
How do I find items to sell? Again this is by far the most difficult task. You can look at purchasing items in bulk from wholesalers. You can go to the dollar stores and find items of interest. You can make your own items to sell yourself. You can go to Garage Sales and find Items of interest. You can piece out cars/motorcycles. You can find cool stuff at thrift stores, and you can attend real estate auctions for good deals. All are good options, but you also need to know what you are looking for.
Can you give some examples? 1 guy found a niche having collective coins made in celebrations of mothers of soldiers. Sold millions of these coins online and made a lot of money. Another family started selling unique DVDs (those hard to find) and made a business out of it. Pawn shops have gotten an online boost of people shopping their store through EBAY for more money. Another person has made millions of buying old cars and parting them out. He would then sale those parts on EBAY for more than the car was worth.
Why can’t you just tell me what to sell? If I told you what to sell, then everyone reading this article is going to sell the same thing. That would create a surplus and the demand for that item would go down, making this article useless at that time. That’s why you need to discover that for yourself. Be creative and do what interests you.
What else am I missing? Effort! That’s the thing that stops so many sellers. They will sell a couple of items and get frustrated that the money is not necessarily rolling in. In order to make money, you have to be selling items daily and spending an hour or 2 at least a day working the site. The other problem is that they will get burned out because they are only making a couple of dollars on an item. If you are not making $5, $10 or $20 per item then it’s not worth your time. Make sure your item of choice has a reasonable profit margin to keep your interested.