5 Simple Steps to Make Easy Money on EBay

5 Simple Steps to Make Easy Money on EBay

As an experienced eBay Powerseller, I always get a great deal of e-mails from my subscribers. One of the frequently asked question is, “Shireen, can you please show me some simple ways to make cash on eBay?”

In my opinion, the easiest way to start earning online is through eBay. In this article, I’ll illustrate you 5 easy tips on how to achieve this.

Follow these methods carefully and I’m sure you’ll be benefited from it.

Step 1.   Eye catching photo

According to investigation, a catchy picture will raise your eBay closing rate by 20%. In some categories the figures are even higher. Demonstrate at least six pictures from different angles in all your eBay listings. If your item has some minor damages, make sure you take picture on that particular part and explain it to your potential buyers.

Your clients will perceive you as a sincere seller and this will increase your creditability immediately.

Step 2.   Look for weak eBay listings.

Every day lots of auctions on eBay closed without any bids. There are quite a lot of causes, for example: poor listing title, short description, item listed in wrong category, wrong spelling and others. You can find all this weak listing straightforwardly.

]]>

Pick an eBay category that you plan to focus in and seek out for items that are going to finish within the next hour. This is where you will find some fantastic deals at cheap price. Buy them and resell back on eBay at market price.

Step 3.   Auction closing time

Normally the greatest time to close your auction is on Sunday and Wednesday evening. Some eBay gurus recommend that for business related items Monday or Tuesday during working hours are best.

And there is certain ending time where your auction will not do so well. If your auction ends between 5 am and 8 am on Monday morning, you will have very few bids. Again you should make the most of this, purchase and relist these items.

You could easily add extra 20% to your profit margin for very little attempt.

Step 4.   Buy in volume

This is one of the prime principal I doing business, buy in volume and sell individually. In order to do this, you need some funds to start. Find a reliable supplier, negotiate for a good price and buy wholesale.

This will lower your unit per cost and increase your profit margin.

Step 5.   Try other online auctions.

According statistic, approximately 95% of all online auction sales comes from eBay.

eBay has the biggest number of registered users and listings. Because of this, merchandice listed for sale on eBay get the best prices.

Start looking around for some minor online auctions site, because merchandice listed with them will not end at a good price compare to eBay. What you need to do is buy from them and resell it on eBay.

I have just shown you the 5 easy steps to make easy cash on eBay. Start putting in massive action now and make it happen.

Shireen C. (eBay ID: auctionsifu) is a very experience eBay Powerseller. She started her eBay business since 1994. Recently she has discovered 5 secrets to increase your eBay sales.

You can find out her 5 eBay secrets in her latest FREE ebook at http://auctionsifu.com (value at .00). ONLY available for first 100 visitors. Get It Now.

Article from articlesbase.com