If you are interested in a home based business, eBay is still one of the best ways to make fast, easy money, but sellers beware.
I sold on it for several years, but stopped after hearing about buyer fraud and experiencing buyers’ refusal to pay for orders.
I am back on eBay, but I use simple yet tough selling tactics in my descriptions to dissuade fraudulent buyers.
When selling my things, I brook no nonsense so you can buy it or leave it alone.
You buy according to my sales and shipping policy or look elsewhere for a ripoff deal!
Honesty is the way I do business with honest buyers, not hustlers and thugs only interested in making a quick buck by stealing.
That kind of bullshit puts me on a “stand your ground” kind of offense and defense.
It is still a mighty flowing river that can help you create another “income stream”.
That means it is another source of cash flowing into your monthly income reservoir.
In my view, eBay ranks second only to Amazon as an “important” way to make money from home.
However, the main downside is competition, fraud and increased fees.
Once you figure out how to deal with these hurdles, stay at home and liquidate almost anything for quick cash.
Overtime, add items to your inventory to make a steady income stream.
eBay PowerSellers are making thousands of dollars per month and newbie sellers can too.
I admit that after listening to a few PowerSeller testimonials, you get fired up.
Consider that every single one of them must be making at least $1,000 per month, which is eBay’s requirement for becoming a PowerSeller.
Silver PowerSellers make at least $3,000 each month.
Gold PowerSellers make more than $10,000 and the Platinum level is $25,000.
The top ranking is Titanium PowerSeller, and to qualify you must make at least $150,000 in sales every month!
If you are like me, I just want to be in the river fishing because they cannot catch all of the fish.
The fact that these top sellers exist gives you some idea of the income possibilities for you!
Most of them never set out to start a business.
Like me, they simply started selling a few things, but they kept going.
There are plenty of people whose full-time job is selling things on eBay.
And, some of them have been doing it for years.
Once they acquired stock, sold and deducted expenses, the rest is profit for them.
And, they do not have to pay for business overhead, staff, etc.
The key to selling here is to make a profit on each and every sale!
There is nothing complicated about it, just buy low and/or get it free and sell high.
After deducting fees and shipping, your income reservoir will start rising.
Even if you do not want to quit your job and really go for it, use eBay to make a significant second income.
Give yourself a maximum of three days to pack and ship orders in case your sales are on the weekend.
There are a few other tips you can do that may help your earning potential.
What’s more, the “big easy” does not care who you are, where you live, or what you look like.
Some PowerSellers are very old or very young.
Some live deep in rural and remote areas where selling on eBay is one of the few alternatives to farming or being very poor.
eBay has torn down barriers to earning in spite of its constant battle to please shareholders and stay relevant.
There is no job interview and no commuting involved.
If you can post things in the right category, write a good description with a tough sales and shipping policy, and price it right, you can do it.
If you know where to get something free or cheap to sell, then you can make a nice profit.
PowerSellers are expert at buying a lot of items cheap that are in-demand and selling them on eBay.
However, I do not advise trying to sell bulk items or drop shipping for newbie sellers.
If you want to dip your toe in the eBay water, then start selling things lying around the house that you are paying storage on each month.
Search through the cupboards of stuff you never use.
You will probably find a few hundred dollars’ worth of stuff lying around in there!
The power of eBay is this: There is always someone who wants what you are selling.
Since they are “watching” your item, you do not have to do anything to get them to buy it.
Have I convinced you that eBay is still a relevant income stream?
As you see, there are only a few little things you need to learn to get started and I hope I have given you the relevant information to get busy.