How To Make Money With On Ebay Store

Updated 19th June 2019

 

Selling On Wholesale On Ebay As A Home Business Enterprise

 

internet home based business opportunity

 

How to make money with an eBay Store – The success of theHow To Make Money With A Ebay online market has been surging for years now; the demands for such a marketplace are still increasing.  There are many people who are now utilizing the online places for buying, selling and reselling goods and commodities as an online work from home business.

 

If you’re accustomed to browsing the Net, you must have come across eBay.  It’s an online site where you will find people buying and selling goods as well as services worldwide; eBay is also known for managing online auctions and shopping websites to facilitate this.

 

Everyday, millions of items and services are being listed, bought and sold in eBay and other online companies.  These include collectibles, appliances, computers, furniture, equipment, vehicles, clothing etc.  You name it, its being sold on the internet every single day of the year by a whole lot of companies.

 

How To Work At Home Business – Online With eBay

how to make money with on

 

 

But the online company I will deal with in this article is eBay.  Therefore aside from the bricks and mortar businesses a few years back, selling wholesale has found its way to eBay.  

 

It’s believed that there are millions of registered users in eBay worldwide; hence, you can conclude that millions of consumers are searching for merchandise on eBay.  With these figures, you can assume that there is a substantial market for any wholesaler, manufacturer, importer, distributor or a home business owner.

 

Thus, as a home business enterprise wholesale for eBay sellers has been quite popular among home business owners for eBay users.  One reason why wholesale for eBay sellers is great is that it has a very good turn over; some auctions last only for few days which means sellers will need more merchandise.

 

Ebay For A Home Business

 

how to make money ebay

Now, if you’re interested in offering wholesale for eBay for your home business enterprise, here are some tips that you might want to consider:

 

  • Investigate. Yes! You need to know which products are in demand on eBay; this way, you will know which items those eBay sellers are interested in buying wholesale and what you will wholesale for eBay sellers.

 

  • Research Closing Prices. Next thing you should do for great wholesale to eBay sellers is to conduct a research regarding the closing prices of auctions on eBay.  This is to know how much any items of merchandise are usually sold for on eBay and in turn you’ll know how much you should wholesale for eBay sellers for your commodities.

 

  • List Your Wholesale in Directories.  Basically, you cannot contact an eBay seller directly; hence, for you to have a good outcome in wholesale for eBay sellers, you should get your wholesale business listed in directories and eBooks that most eBay users use.

 

Now, if you want to have a successful wholesale for eBay sellers business, you need to understand what motivate your target customers so you can maximize your sales.  You can base your analysis through your customer’s needs.

 

On the other hand, if you’re looking for good deals on wholesale for eBay sellers you should be at all times careful in your analysis of the wholesale products and the seller offering the commodities.   Below are tips that an eBay seller should take when looking for wholesale for eBay sellers products.

 

Selling Ebay Tips

 

  • You should determine the direction of the eBay business.  Be sharp and analytic; when a seller starts to sell used clothing, it won’t mean that they want to build an eBay business selling used clothing

 

  • Next thing to do is to decide whether the eBay business or the wholesale for eBay sellers products will be based on volume or price.  EBay sellers looking for wholesale for eBay seller products should know whether they’ll be conducting lots of auctions for low-priced merchandise or instead sell fewer, but higher-priced items.

 

  • You should investigate the eBay marketplace for best wholesale for eBay sellers products. You need to see whether the wholesale product you plan to sell is viable; use the number of similar “wholesale for eBay sellers” products being sold and listed on eBay.

 

  • Test out your market – You could test your market by placing a small order and see the result.

 

There are lots of ways for you to find the best deals on wholesale for eBay sellers; every eBay seller has their way of getting their products sold and also selling them.  But the first and best thing to do if you want to be successful in wholesale for eBay sellers deals is market research, and lots of it. 

 

Here’s a link to a web page on ‘How To’ open an eBay store.  I’m sure you will pick up even more tips and advice from it.  I published another article within this site on starting an online business with eBay here.  Lots of tips and advice in it as well folks, so worth a read.

 

You can do your research in your own manual way; but using market research tools for wholesale for eBay sellers that are available on the Internet has proven to be more effective.  In this process, you might need a moderate amount of investment but the information that is compiled and presented is indispensable to a achieve a successful and profitable wholesale for eBay sellers business.  

 

Also be aware if you are just a beginner you could make a lot of mistakes.

 

Here’s a video for you to watch outlining some of them.  Also be aware it is rather a long one but well worth the watch.

 

 

However if you’d prefer not to watch the video, then here is a summary of the 11 tips:

 

  1. Margins Aren’t High Enough
  2. No Listing Routine In Place
  3. Your Pictures Need Improvement
  4. Your Wasting Time Creating Listings From Scratch
  5. Unwilling To Try New Sourcing Methods
  6. Only Selling Auction Style
  7. Offering NO Returns
  8. Shipping TOO SLOW!
  9. Not Having An Ebay Store
  10. Not Using Shipping Labels From Ebay
  11. No Clear Vision

 

Having a clear understanding of how wholesaling works in an open market like eBay along with reliable research will give you the chance to multiply your chances of having a successful wholesale for eBay sellers business.

 

Now lets move on to…

 

Product Pricing and Traffic Tips for Ebay Sellers and Drop-Shippers

 

What To Dropship – How To Dropship

 

drop shipping wholesalers

 

One of the most common mistakes new drop-shippers make is pricing their items without taking into account the fees that are involved in completing the transaction.  There is a simple way to avoid falling victim to this mistake and make a profit on every sale.  More info in this article on dropshipping.

 

Formula for setting a profitable price:

 

Wholesale cost + Shipping Fee + Drop-ship Fee + Profit you desire to make = Preliminary price

 

Preliminary price + 15% = Sale price

 

It is necessary to add at least 15% to your preliminary price to cover your Paypal fee for payment received and your Ebay listing fees and final value fees.  You can spend the time to calculate exactly the fees that will be associated with the sale of your item if you have the motivation and then you can adjust the 15% that you add to your preliminary price accordingly.

 

Once you have decided on a total sale price you need to decide how to break it up.  For example, if your total sale price is going to be $50 you can list the item for $35 with $15 shipping. 

 

Use your common sense when deciding how to proceed.  Lower item prices are attractive to buyers but outrageous shipping costs will kill your sales. 

 

Again, search for similar items on eBay to see how other sellers are pricing their items and shipping.

 

Ebay Listing Optimization

 

As you are setting your pricing you should also take the time to optimize your how to ebay listing optimizationlisting title.  A good title states clearly and concisely what the item is, what condition its in, and if you can squeeze it in it’s a huge bonus to add the MSRP (manufacturer’s suggested retail price) to the title – especially on items that you can offer a substantial discount.

 

For example:

 

Nikon d70 Digital Camera w/ extras! NEW! MSRP-$1800

200 Rolls Kodak 400 Film. FREE shipping! 50% off retail!

Lot of 5 belt buckles-Many choices-Retail $85

 

Once you have set your pricing and titles you are ready to start driving traffic to your Ebay listings.

 

Now lets look at how to optimize your ability to tap into the 100’s of millions of users on Ebay.  The wonderful thing about Ebay is that you don’t have to worry about advertising since there are already millions of customers at your disposal every day. 

 

All you need to do is optimize your listings and take advantage of a few key insider secrets to drive Ebayers to your listings again and again.

 

Optimizing Your Listings in Ebay:

 

what is doba

 

Go through your listings one at a time and do the following:

 

  1. As already discussed earlier in the article, you title is crucial. When you feel there is not enough space in the title field to include the necessary information, add a subtitle.  Items with subtitles are more likely to sell.

 

  1. Add a gallery preview photo to your listing.  I cannot stress this enough!  Items with gallery previews are 35% more likely to sell.

 

  1. Use the listing designer to spruce up your listing. The more professional your listing looks the more likely you are to win the sale over a competitor who has a dull presentation.

 

  1. Clearly state your return policy! You can check Doba’s return policy in the item product details under the supplier notice tab.  Potential buyers are more likely to purchase if there is a return policy available.

 

  1. Offer combined shipping discounts and clearly state the details in your auction details.

 

Use Ebay’s cross promotion tools to gain a ton of exposure for all your items.

 

Driving Traffic To Your Listings:

 

Use Ebays cross promotion tools to gain exposuredrive traffic ebay listings for all your listings every time someone views one of your products on your particular store listings.  This is accomplished by adding a window to the bottom of your listings that constantly scrolls through your other items for sale. 

 

The settings are highly customizable to suit your style and needs and its very easy to set up through Ebay.

 

Here’s a tutorial you might like to browse to get some idea how you should use the tools.

 

End your listings on Wednesday or Sunday evenings.  Statistically items ending on these nights have a higher sale rate.  This is because this is when consumers are typically at home and using eBay, and buyers love to snatch up items that are ending soon.

 

Open an eBay Store and watch your traffic explode.  All you need is a basic subscription which is only $9.95 a month.  It easily pays for itself when you consider that it is only 11 cents insertion fee to add an item to your store whereas running auctions and fixed price listings can cost $2, $3, $4 or more for the insertion fee.

 

Drive Traffic Your Ebay Store

 

drive traffic online store listings

 

Once you have an ebay store you can explode your traffic by following these simple steps:

 

  • Build your store inventory using the niche model

 

  • Select one or two hot items to send to auction or fixed price.  Add a subtitle to those auctions that advertises your eBay store.

 

For example if you are selling handbags send two to fixed price with a subtitle that reads “Many more great deals on handbags at my eBay store”. This simple process will drive buyers to your store even if they are not interested in the specific item you have sent to fixed price.

 

You can further increase the effectiveness of this approach by highlighting your fixed price items with bold or highlighted options available when setting up your listing.

 

Finally with an eBay store you can utilize the Markdown Manager tool to create sales on items according to your parameters.  Buyers are suckers for a discount and this will greatly increase your store inventory sales.

 

There are dozens of other ways to drive traffic to yourincrease ebay sales listings and store to increase sales but I’m not going to get into detail with that here.  This article is meant to give you a solid start in your new business and for now this is all you really need to do to guarantee your success.

 

If you would like to learn more about selling on eBay or just earning an income from eBay then this web page has some tips and advice.

 

How To Create A Free Website In – 30 seconds

 

One final thing for your store.  You will need a how to make money online at homewebsite to show it to the masses who are going to be your potential customers and eBay likes to see the people who sell on their site have their own website and online store.

 

To that end you can get two sites for free here.  They will also be hosted on the internet for you at no cost.

 

There’s great training on how to create and build outhow to start with an online business a website as well as other ways you can earn an income from the internet from home, so what have you got to lose?

 

My very best wishes for your success, and if you get stuck then please do get in touch.

 

Regards.

Robert Allan

Hello I have been an affiliate/internet marketer for many years and I'm very successful at it. If you need any help and pointers to earning an online income from home or to start up your own home-based business then please feel free to read the other articles within this site. I'm sure you will go away with lots of tips and advice that will help you get started. Here is a link to my About Me page - http://quickwaysmakemoney.siterubix.com/about-r-allan This other link is my profile within the work from home make money online community I am a member of since 2014. https://my.wealthyaffiliate.com/robert-a

6 Comments

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  1. Perfect set of tips for beginning, no doubt of that. When I think about eBay, my biggest concern is competition inside the platform. We all know pretty much the same information, and the winner is the one with most skill and experience in the field.

    I see the tips you are giving, but I have no idea how to execute accordingly. That stops me and I do not start. It would be absolute best, if you make a study case on your page. Market research, merchandise and driving traffic to eBay store shown and explained in real battle conditions is invaluable to my mind.

    1. Hi Ablati and thank you for reading my article on eBay.
      I have published other articles on getting started with eBay on this website so you should read them as well.
      Just take it slow and easy and get the steps right first time and you wont go far wrong.
      You get stuck, you get in touch and I will be happy to point you in the right direction.
      Onwards to success my friend and have an awesome day.
      Regards.
      Robert Allan

  2. This is an informative and educational article. You have thoroughly put everything in perspective for anyone reading this post to understand the points. I have heard about ebay store but I haven’t tasted its benefits all that much. This is an eye opener for me and I must attest to the fact that I learnt a lot. Thanks for sharing

    1. Hello Again Ola, not your first visit to my website so hope you are happy with the tips and advice you are finding on it.
      You should read the article again and take some notes of my tips and advice then you can use them to get your own eBay store up and running.
      I wish you much success with it.
      Have a great day Ola.
      Robert Allan

  3. Good evening Robert,

    On your About page I read your converted from a night owl to an early bird. My alarm clock rings every morning at 07.00 but for me, that is as early as it will ever get. 

    Yes, I have seen eBay and the huge volume of goods which changes ownership each day. Thank you for this detailed post. It has lots of tips which are very helpful to get started. I still think I will have to wait some more time till I really feel comfortable with setting up my own eBay store.

    Regards, Taetske

    1. Hi Taetske and thank you for taking the time to visit my site and leave a comment.
      Yes indeed I used to be a night owl and burned the candle at both ends on may occasions.
      Now that I’m retired I still get up about 6 or 6.30 am. Old habits due hard as they say.
      Always best to wait and do your research before taking on something new.
      You will make mistakes but that is part of the learning curve of anything new that you take on.
      Don’t get discouraged and ask questions and keep asking until all is clear.
      An eBay store is a good way to make lots of money Taetske so if/when you do start you keep at it and you will be rewarded for all your hard work.
      I wish you success.
      Robert Allan

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