Channel Button

There are 5 articles on this title. You are reading the article ranked and rated #3 by Helium's members.

Business   >

Starting an Online Business

Get a Widget for this title

How to get rich on eBay

What You Need to Know BEFORE You Get Started on eBay.

So you've decided that you want to get started as a seller on eBay. There are a few things that you really need to know before you go and throw yourself in at the deep end.

What to Sell.

First off, you need to know what it is you're going to sell: what's your speciality? You'll do far better on eBay if you become a great source for certain kind of products, as people who are interested in those products will come back to you again and again. You won't get any loyalty or real reputation if you just sell rubbish at random.

When you think about what to sell, there are a few things to consider. The most important of these is to always sell what you know. If you try to sell something that you just don't know anything about then you'll never write a good description and sell it for a good price.

You might think you're not especially interested in anything, but if you think about what kind of things you usually buy and which websites you go to most often, I'm sure you'll discover some kind of interest. If all else fails mention it to your friends and family: they'll almost certainly say "Oh, well why don't you sell", and you'll slap your forehead.

Out of the things you know enough about, you should then consider which things you could actually get for a good enough price to resell, and how suitable they would be for posting. If you can think of something of that you're knowledgeable about and it's small and light enough for postage to be relatively cheap, then that's great!

Don't worry if you think the thing you're selling is too obscure - it isn't. There's a market for almost everything on eBay, even things that wouldn't sell once in a year if you stocked them in a shop. You'll probably do even better if you fill a niche than if you sell something common.

Tax and Legal Matters.

If you earn enough money, you should be aware that you're going to have to start paying tax - this won't be done for you. If you decide to sell on eBay on a full-time basis, you should probably register as a business.

Prepare Yourself.

There are going to be ups and downs when you sell on eBay. Don't pack it in if something goes a little wrong in your first few sales: the sellers who are successful on eBay are the ones who enjoy it, and stick at it whatever happens.

Anyone can sell on eBay, if they believe in themselves - and if you do decide it's not for you, then the start-up costs are so low that you won't really have lost anything.

If you wish to get more information about selling on eBay or would like product sourcing information, market research, and tips, please visit http://www.worldwidebrands.com /?kbid=17863

Learn more about this author, MyTwoSons.
Contact this writer Click here to send this author comments or questions.


Below are the top articles rated and ranked by Helium members on:

How to get rich on eBay

  • 1 of 5

    by Arjun Wadhwa

    If you are a regular on ebay then you must have heard the story of one red paper clip. If you haven't heard it I will briefly

    read more

  • 2 of 5

    by M. Halyard

    Most people don't get rich selling items on ebay, at least not in 2008. But a few do earn a decent enough living to quit

    read more

  • 3 of 5

    by MyTwoSons

    What You Need to Know BEFORE You Get Started on eBay.

    So you've decided that you want to get started as a seller on eBay.

    read more

  • 4 of 5

    by Phil Planet

    I have sold stuff on Ebay for a few years now. I used to work for a large audio company in Manchester (UK). My job was to

    read more

  • 5 of 5

    by Jose Aviles

    When you come to think of an online business it can be pretty intimidating at the beginning. There are literally millions

    read more

Add your voice

Know something about How to get rich on eBay?
We want to hear your view. Write_penWrite now!

Helium Debate

Cast your vote!

Can you earn money with MySearchFunds just for searching the Internet?

Click for your side.

94043

Featured Partner

The Center for a New American Dream

The Center for a New American Dream has partnered with Helium, giving you the chance to write for a cause. Brows...more

What is Helium? | Buy Web Content | Contact Us | Privacy | User agreement | DMCA | User Tools | Help | Community | Helium’s Official Blog | Link to Helium

Helium, Inc.
200 Brickstone Square Andover, MA 01810 USA