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The 5 Things to Remember if You Want to Make Money on EBay



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By : Brock Hamilton    99 or more times read
Submitted 2009-11-21 07:26:57
One of the great things about eBay is that there are millions of people looking to buy something. That “something” might be junk to you, however it make be a piece of art to someone else. The subjectivity of taste is a beautiful thing for something like eBay. Besides, finding a treasure for a cheap price, another benefit to eBay is many people are selling enough to work from home. As with every process there are certain tips and clues, eBay is no different. Listed below are five tips which might just bring a prosperous future more immediately then you think.

The first tip is know your product. This is the basic issue with all salesmen and women, if you don’t know what you are selling, then you won’t sell it. For organization sake eBay categorizes their products, so the first thing to do is: Find the right category! Think about the repercussions from putting a product in the wrong category. This simple mistake could be devastating to your future plans. The best way to avoid this mistake is research. You can always research online and don’t forget to use the tools on eBay itself. Just look for similar items, and place your product with them.

Related to the point above is making notes about your research. There is a lot of information including categories and pricing which you as a seller must contemplate. With the tool of comparative research you can set a competitive price and also promote why your item is unique and needed. Do not be afraid to be competitive and tell people why your product is great, especially if it is backed up with research.

Thirdly, remember your product is going to appear from a search engine – So be relevant. The title and photo of your product is paramount in increasing your sales and profit. People like to see what they are buying and know from the title what they are looking at. Also, more than one photo is great. No one just wants to see one angle of a product, especially if the bids and the desire is high. Give your customers no room to doubt the authenticity of your product. You must name your product well in the categories given other wise your item might come up is a totally irrelevant search and will never get a bid.

The fourth point is payment. Many people do not provide enough of option when it comes to this point of the process. Not everyone has a credit card and not everyone has a Paypal account – Do not segregate your customers! Offer and diversify the payment options. This point can greatly increase your profits.

The last and fifth point is be honest. If you are honest you will receive more and repeated customers. Never, boost up your product to a point which it cannot satisfy your buyer. That is one clear way of loosing business. Always state the true condition of the product and all the features of it. Included with this is always make sure you put down a phone number or address, you must seem legit not a ghost.

With these five hints one can increase their profits and satisfy their customers.

Author Resource:

If you’re interested in learning more about how to make money with ebay, or if you’re looking for other way to make money online please feel free to visit our website at http://www.101waystomakemoney.com

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