How to become an eBay entrepreneur

Have you come across the term eBaypreneur? Well, you might be heading to this title if you are thinking of or selling on the well-known auction website, eBay.

There have been plenty of wild success stories of people seemingly putting in a few hours a day selling items on eBay and then retiring at a young age to gloat over the huge profits they make. You may scoff, but there are ways you too can make a good living (and profit!) from selling on eBay and various other websites too. For many people, they started with something as simple as eBay starter kits and have seen their business flourish, without too much hassle, trouble, or stress.

Perfect for so many people, from all walks of life.

People started selling on eBay for all kinds of reasons; some wanted to earn money while at home with young children, others wanted to earn extra money, and still others decided to start selling items when they recognized there was a gap in the market. Whatever your reasons, being an eBay entrepreneur is something you too could become.

money

However, many people worry about financing such a venture, after all, if household finances are tight, you don’t want to throw your money away on items that don’t sell. And that is why, before you make any investment in any item, especially clothing, research the site and see what is currently being sold.

There are many websites online that are full of information and tips on how to start selling online, especially on eBay, but don’t forget, everyone started somewhere and starting small is the way to go.

Starter kits are a great way to buy a small quantity of various items that can make it easier for you to start selling on eBay; After all, you’ll need to write a description per item, photograph it and upload these photos, and then when you make a sale, you’ll need to pack and mail the items, all on time.

It can lead to other things…

Many eBay entrepreneurs have sold their items in other ways as well; some clients have used the profits they have made to finance another similar project, such as handmade bags and other bespoke items and sell them both online and through pop-up shops, market stalls and craft fairs, for example.

Of course, the profits can also be used to buy more items in bulk to sell online through eBay, and that’s how the trading world works: you sell items for more than you paid for, and then reinvest these profits, regardless of how small, back to your flourishing business.

Learning from eBay entrepreneurs… what lessons do they have for other budding eBay sellers?

There are many lessons you’ll learn as an eBay entrepreneur, but here are a few other sellers suggest you should keep in mind;

· Sell what you know, but don’t assume all your items will sell on eBay, so have other avenues up your sleeve eg local tabletop sales or craft fairs etc.

Research not only your products, but also how much they sell for; eBay is always willing to help its sellers sell products, so try some of their tools to help you find items.

· Just because an item you want to sell isn’t on eBay doesn’t mean it won’t sell; it may be that you have stumbled upon a gap in the market

Getting started on eBay is easy and requires very little, if any, cash to set up, so if one or two items don’t sell, you won’t be wasting money on them.

You get what you put in, but essentially for a few hours a day (or even a week), you can make a decent profit.

· Use the tools that eBay offers you as a seller to keep track of your own items, what sells and what doesn’t sell; it also helps you monitor how much you are selling items for

· Upon reaching certain levels of sales and other goals, you can increase your status as a seller to ‘power seller’, which means your listings are automatically placed closer to the top of search results; Many eBay business owners suggest that making sure items ship quickly, on time, and well packaged is imperative to boosting your business.

And finally, what do eBay entrepreneurs think is the most important factor in running an eBay business?

A high level of customer service, hands down, each and every time; people are looking for bargains but expect a high level of service. Ebay starter kits can be a great way to become an eBay entrepreneur.