How To Make Money With eBay: Top 10 eBay Tips

Posted on 30 August 2011

How To Make Money With eBay: Top 10 eBay Tips: Thousands of people are finding ways to make money off of eBay every single day. Some make this their full-time jobs, while others are just looking to supplement some income. Care to figure out how to make money with eBay? Join us here at Make Easy Money 365, as we take a look at the Top 10 Ways To Make Money with eBay.

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Tip 1: Create a Professional Page – Ever look at some eBay auctions and wonder whether some child just slapped the website together? Notice that you find yourself clicking off those auctions immediately? If you would just take the time as a seller on eBay to make your selling page look great, you’d be surprised how much more interest you’ll get on your item! Learn HTML! eBay allows you to use HTML in your pages to bring color, new fonts, and basically anything you can dream up on your selling page. Create a page that looks as good as you hope your product does, and you’ll be sure to be adding to your eBay sales in a heartbeat.

Tip 2: Build Up Your eBay Score – Your credibility on eBay is absolutely everything. If you don’t have eBay cred, you’re never selling any items. So, if you find that your seller rating isn’t at least in the 1,000s, don’t be opposed to buying a whole bunch of dirt cheap items that you might not ever really need, just to build a rating. You also might want to sell a whole bunch of items significantly underpriced just to get some positive feedback going. Make sure you always speak well of the person whom you are dealing with, and they’ll be sure to be positive with you as well.

Tip 3: Optimize Your Auction Times – The truth of the matter is that the longer you keep your item open on eBay, the more likely it is to garner attention. However, the real trick is making sure that your auction is closing in primetime. When anyone searches for an eBay item, the first items that come up are the ones that close first. Most sellers don’t even pay attention to auctions are close in more than 24 hours time. So, make sure that the closing time for your auction is somewhere between the hours of 7:00 PM and 10:00 PM ET to make sure that you cover the primetime for the entire continental United States.

Tip 4: Don’t Jack Up the Price of Shipping – It’s a time tested theory that used to work a number of years ago, but it’s a scam that people don’t like paying at this point. If you’re selling a single baseball card, don’t charge $4.00 to ship the item to your seller. Sure, if your expenses are legitimate $1.08 for the postage and another $0.50 for the envelope, no one will bat an eyelash if you charge $2.00 for shipping. However, if you’re selling some bigger items, seeing the words “Free Shipping” will attract a heck of a lot more people than an item that you charge $0.01 plus $4.00 shipping for.

Tip 5: Use eBay Bold and Subtitle Visibility Options – They really work. Sure, you wouldn’t want to pay for these features for an auction in which you’re selling a $5 shirt, but if you’ve got a rare collection of old CDs that value at $300 that you’re hoping to sell for significantly more than that, cough up the few bucks and make sure your item is a featured item that is consistently seen.

Tip 6: Take Lots of Pictures, and Make Sure They’re of High Quality – When someone is buying your item, they want to know exactly what they’re getting. A tiny little blurry shot isn’t going to get all of the details covered. People would much, much, much rather see the flaws in your item if they exist than to get the item and realize that it’s not exactly what they thought they were bidding on. And that brings us to our next point…

Tip 7 – Be Honest With Your Buyers – If you know that you wouldn’t buy the item that you are putting on eBay, don’t sell it. If you are selling a CD with a scratch on a certain track but the rest of it works like a charm, be sure to say that. A table with a ding or a chair with a slight bend in it can really upset your buyers if you don’t disclose the issues ahead of time. Remember, it’s not always about getting the best price for your items. It’s about getting the right buyer to pay the highest price possible. Make sure that you level with your buyers as well. If by chance they do buy an item that they don’t like when they receive it and they want a refund, issue the refund once you get your item back. Odds have it, the positive feedback is worth a lot more than the shipping cost you, especially considering the negative feedback that you’ll probably get if you don’t issue the refund.

Tip 8: Use Your Hit Counter – eBay offers you a hit counter that you can put on your web pages to track how many people are coming to your sale. This way, whether an item sells or not, you can see how many people have come to your sale. Say that you have 30 identical shirts that you are selling on eBay. Post the auctions at different times, use different titles, different descriptions, and see what works. You’ll quickly find out what does and doesn’t work, and it’ll make you a better seller the next time that you are producing that item.

Tip 9: Don’t Be Afraid To Take Advantage Of Less Savvy Sellers – Be sure to scrounge around to see what the competition is selling. After all, if they’re selling tickets to an event that you’re also selling tickets to and their tickets are cheaper, buyers are going to flock to their seats first. However, perhaps you realize that the seller of those other tickets are just trying to get rid of them and doesn’t care about their own profit margin. If they’re underpriced, buy them up! Not only does it take a competitor away from your auction, but it also gives you the ability to resell the ticket or other item sold. If you buy an item for $100 that should be selling for $150 and you resell it for even $140, you’ve still made a $40 profit.

Tip 10: It’s Corny, but USE ALL CAPITAL LETTERS FOR YOUR HEADLINE – See how your eyes came straight to this tip! Sure, it’s annoying, and if the whole world on eBay used nothing but capital letters, it would make the site impossible to use. However, unlike others who might be using all of these goofy symbols such as ~, $, @, #, &, etc., you’re merely capitalizing your letters. It still looks relatively professional, and it doesn’t give the buyer the feeling that you are screaming at them.

Tom Barnes is one of Ebay’s Famous Power Sellers and has made over $8.4 Million Dollars since 1997 Selling on Ebay. Now he is Selling his Ebay Secret System to Help others get a Piece of the Pie!
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