10 Steps to Selling On eBay

So, you want to be a successful seller with your own eBay business, do you? Here’s a simple, ten-step path to eBay enlightenment.

Step 1: Identify your market. Take a while to sit and watch for what sells and what doesn’t out of the items, you’re interested in. Any market research data you can collect will be very useful to you later. You’ll probably see the sweet spots quite quickly those one or two items that always seem to sell for a good price.

Step 2: Watch the competition. Before you invest any money, see what the other sellers in your category are up to, and what their strategies are. Pay special attention to any flaws their auctions might have, because this is where you can move in and beat them at their own game.

Step 3: Find a product: Get hold of a supplier for whatever it is you want to sell, and see what the best rates you can get are don’t be afraid to ring round quite a few to get the best deal. If the eBay prices you’ve seen are higher than the suppliers, then you’re set.

Step 4: Start small: Don’t throw thousands at your idea straight away get started slowly, see what works and what doesn’t, and learn as you go. Remember that its very cheap to try out even the craziest ideas on eBay, and who knows, they might just work!