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Many people utilize the well-established auction site eBay to make a few extra bucks when selling old baby stuff or passing on unwanted gifts. However, if you see yourself as someone who knows a bargain when she sees one and understands how to mark up an item, then working from home as a full-blown full-time eBay seller could be for you. Take a look at this guide to mastering the often neglected logistics of selling online.
Unless you time your auctions perfectly, it can be hard to ensure that all of your eBay sales are completed at the same time. If you were able to do this, it would make sorting out postage a lot simpler.
Whether you choose to sell via auction or the ‘buy it now’ option, set aside three days a week when you will be shipping out items. This way, you will never fall behind on your delivery times.
When selling items don’t over-promise and under-deliver. Work the other way around. If you state that you’ll ship an item within three days and your purchaser receives it within 48 hours, you’re sure of positive feedback.
As you become more proficient as an eBay seller and you’re able to source goods from suppliers that you buy in bulk to then sell online, you’ll need a space to store them. It pays to try and separate your workspace from your humble abode. Mixing the two can lead to a cluttered home and a feeling of never being able to escape your business.
If you are fortunate enough to live on a large plot, consider a self-build. There has been a surge in the popularity of metal shop building due to the low cost of the process, the durability of the building and their energy efficiency credentials. With a small outbuilding to store your goods, you will have your stock easily reachable and organized.
If you would struggle to find space for an outbuilding, consider renting a storage unit to keep a healthy workspace to home space balance.
Ensure that the adverts that you produce for the auction site consistently remain at a high quality. Utilize your entire allocation of photographs, make sure they look professional and flag up any flaws with the items that you’re selling. The aim of being a well-regarded seller is to obtain as much positive feedback as possible. If you’re a seller with 100% positive feedback, you are more likely to be able to sell your products at a higher price.
As you become successful, remember that you have moved from hobbyist to self-employed worker. You need to keep a set of accounts detailing your incomings and outgoings with regards to your new online business. You don’t want anything flagging up negatively to the IRS simply because you’ve forgotten to sort out your tax.
Selling online can be a lucrative way of earning money. Why not take it a step further and set up a new online business empire?
Have you ever sold anything on eBay? Let me know about your experience in the comments below!