Moms can start a business from home.
Are you interested in working from home? We discussed how to sell on eBay as a great idea for a home business. This article will give tips and tricks for setting up an eBay business.
eBay Business Tips
Where can I find products to buy?
- Directly contact manufacturers
- Find liquidators to sell your products and merchandise at a discount
- Establish relationships with wholesalers
- You can find bargains at auctions and then sell the items for a profit.
- Outlet stores often offer huge discounts
- Garage sales
- You can search the newspaper or other websites like Gumtree.com.au
You can sell items on eBay.
- Cars
- Luxurious items
- Mobile phones
- Coupons
- Merchandise
- Clothing
- Sporting equipment
- Sports uniforms
- Beauty products
- Arts and crafts
- Jewellery
- Antiques
- Furniture
- Toys
- Baby products
- Products for the home
- Cleaning equipment
- Power tools
- Books
- Magazines
While it’s unnecessary, working on something you love is always more fun. It will reflect in your customer service and business decisions if you have a lot of knowledge in that subject.
Selling products that no one is interested in is not a good idea. To find popular products, you must first conduct market research.
You can make a list of niches or categories that you are willing to sell in. Next, go to eBay and do some basic searches. Logging in will enable the “Completed Items Filter” to see which items have been sold and at what prices.
Tools
- eBay trends – A brief but informative overview of eBay’s most popular items.
- Google Adwords Planner – While not intended for eBay, this tool will give you an insight into Google’s trend database. To compare search volumes, type in product ideas.
Sourcing products
There are many options for sourcing products for eBay. Here are some:
- Create them yourself – You will make the most of your profits if you create something unique and exciting.
- Wholesale – Wholesale directories can be used as an “eBay” for eBay sellers. Before you invest large amounts, start small and test the market.
- Importing is riskier but can bring you a greater return. Before placing an order, ensure you fully understand the import and carriage costs.
- Stocks at a Discount – Everybody is looking for a deal. To find bargains, check local auctions.
eBay charges and terms of service are important to understand. They will remove your item if your products and selling practices violate their terms.
Be as descriptive as you can in your description. Use clear imagery. To ensure you are competitive, compare prices with other competitors.
Offer Exceptional Services
Feedback is one of the many benefits of a multi-vendor marketplace like eBay. The feedback system is a key component of the entire platform. Buyers and sellers can share their experiences.
This can be a powerful trust signal to buyers and an indicator of whether they will buy from you or a rival. Be clear about the items, describe them well, ship promptly and give feedback if necessary.
Avoid unusual buyers
As with all online communities, some unscrupulous characters can get in on the action and profit from it. You should always send mail to the address on order. Also, report any unusual behaviour.
Always ensure that your shipment is insured and recorded. eBay’s buyer protection program only applies if you use a tracked, verified delivery method.
Optimize your listings
eBay is very similar to Google in that visibility is key. Optimize your product listings using relevant keywords to ensure that your products are easily found. Avoid spamming with too many keywords, as eBay will not tolerate this.