Monday, April 25, 2011

Easy Money With Ebay

Ill show you in a very simple guide that I have created for you “beginners” on how to put cash in your empty pockets.First let me introduce myself, my name is Freddy Haramboure.  I have been ebaying for about a year now and have generated a monthly income of about 2-3 thousand dollars.  Now when I first began I had no clue of what I was doing, I created an account and sold a few of my stuff.  The problem was nothing was selling.  I looked all over the internet, which is what you have been doing I assume, but found nothing to answer my questions.  I began to talk with one of my friends who has been an expert with ebay and he gave me some very essential and vital tips that I will share with you today.  With the first three months I made roughly 20 bucks, but deduct that with all the seller fees and shipping costs probably only about 5- 10 dollars.  Now with all of the knowledge I have gained and received I began to make some money after 5 months I began making 500-1 a month and slowly my income increased.  In this guideline I have created you will, become a successful ebayer and generate a steady cash flow.
1.      The first step is to create an account.  If you do not know how to do this I have a link on my website that will show you. 

2.      Next step is to find STUFF laying around in your house that has no value to you.  Now you may ask why I capitalized stuff, the answer is stuff can mean anything!!!!!!!!! People ask me all the time what should I sell, my respond is of course ANYTHING!!!!!!!!! That has of no value to you.  It has been proven the average house has around 10 thousand dollars worth of STUFF just laying around collecting dust.

3.      The third step is finding all that STUFF and doing some research.  The great Adam Smith was an early philosopher.  He created the book Wealth of Nations.  It was all about supply and demand of the product.  Do some research online see how much your item will sell and what the demand is for that product.  If you do some research on ebay and see the same item and it has 20 to40 bids don’t hesitate put it up for auction.

4.      Always add a buy it now to your auction.  The reason is to attract those “I want it now” bidders.  Also it will let the bidder see how much you want for the product and it should bring the bids up.

5.      Make sure to give a clear and detailed description of your item.  If it has a little or big scratch, if it has been used or new, etc.  Do not lie about your product.  Bidders will be more attracted to a more honest seller rather than a dishonest seller its common sense.

6.      Make sure to add as many pictures as you can.  People bidding on the item want to see every angle and aspect of the product.  Make sure to cover all of those angles and aspects with the pictures you put up.

7.      Shipping has been a big topic of discussion.  Sure it’s a hassle, but with good reviews you will become a top seller and more people will trust and see what other items you have to offer.  Make sure to do some research and calculate the dimensions and weight of your product.  Ebay has kindly put a shipping calculator to help you set the shipping price for you.  USE IT!!!!!!!!

8.      If you run out of things to sell don’t panic there are many options.  One option is to go to a liquidation sale or whole sale which will give extremely good discounts on top brand items and you can purchase those items and put the item on ebay for the original price and you will be surprised at how much income you make.  Another option is the bins of toys at the post office.  Next time you visit the post office ask for a bin of toys you can purchase like 30 toys for about ten dollars.With all these steps I hope you can now become a succesfull ebayer and generate a monthly income and get rid of all the STUFF lying around in your house.