How to make money on ebay
How to make money on ebay
Thatís the question that everyone seems to be asking lately. How to make money on ebay. Well, this article will hopefully answer that question for you. I will tell you how to find hot selling items for you to trade and some of my tips for you to make as much money as you can on ebay.
The first thing to do is to find out what the hottest selling items on ebay are. There are a few steps to take when doing this. Sit down with a pen and paper and write down a list of all the products you think would be good sellers. Write down as many as you like but I would suggest at least twenty. The more you have then the more chance there is of finding a really hot seller. When you have your list, you should go to ebay and search to see how many people are selling the items on your list and how much feedback they have. Do this for every item on your list and see which ones are being sold by the most sellers, then take a look and see if the sellers have got a lot of feedback as this would indicate that they have sold a lot of items. As you are searching for the hot sellers on ebay, you should be noticing which items are getting bids. If an item has a lot of bids then it shows that people are interested in it.
Narrow down the list to about five items. With your five products, do a search on ebay for each one but this time tick the completed listings box on the left hand side and this will show exactly how many of each item has sold and for how much. By now you should have a very good idea of which items are hot sellers on ebay. If you are unsure just research into this deeper and for longer until you are sure.
Now that you have a good selling product. You should look into getting yourself some inventory. There are many wholesalers and drop shippers on the net, simply search google until you find one that you are happy with and that can supply you with the product you need to sell to make money on ebay.
When you have your stock you should understand that itís not just as easy as getting items and putting them up for auction. You have to promote your auctions with every chance you get. Here are a few tips to help you make money on ebay.
Write articles on a topic relevant to your items. Write good quality information and submit it to article directories. Doing this should drive targeted visitors to your auctions as you can include a link to them in your resource box. However, you should write good quality articles and offer people good advice with every article you submit.
List a few lower priced, but also good selling, items as this will bring in visitors to your higher priced auctions on ebay. If you link to your items through the lower priced auctions you should get some extra visitors.
When you are just starting out selling on ebay, you should list quite a lot of items as you will want to build your feedback up and try to get power seller status. When you have a good amount of feedback you will see an increase in sales and when you become a power seller you should see another increase in sales.
Start a free blog . In your blog you can record your progress and give readers good information. This will help you in a few ways as recording your progress will help you keep track of how well you are doing, posting good, original information to your blog will result in more visitors from the search engines and you can link to your auctions from your blog therefore generating visitors to your ebay auctions and hopefully sales.
About the Author: Niall Mehaffey is an ebay seller and internet marketer. He also runs a website dedicated to selling on ebay which can be viewed by clicking here make money on ebay