What is eBay About? The Shockingly Simple Way of How to Sell on eBay, and Make Money in 2022, on the eBay Official Site
Among the countless earning opportunities available nowadays, with their technicalities and technological skills required, e-bay reselling is probably one of the most effective and fun methods available. So, what is ebay about?
If all those talks about coding, learning digital marketing, branding, etc seem too complicated for you, don’t worry. After knowing how to work on ebay, you’ll ace through the process of online money making. What I have in store for today is something that is fun and doable for anyone.
Shopping is fun that is hard to deny, but imagine shopping and then being able to sell the item bought to make profits? So, if you’re wondering how to sell on ebay and make money, e-bay reselling is an extremely popular business and we will learn step by step how to sell on ebay and make money.
So, go test your beginners luck, but you can also cheat a little bit by using my guide before you start. Fair, no?
My review of eBay as a tool to make money online will take you through all there is to know about what is ebay about and what is the best way to make money on ebay.
So, without further ado, let’s dive right in!
Who am I?
My name is Aparna. I am a dreamer who is passionate about every aspect of her life. Variety, adventure, and new things interest me and are what keep me going. Furthermore, I believe that you have to “be the change you wish to see in the world”.
I avoid the nay-sayers, and the overtly careful. I prefer to forget the critics and believe that we should learn to cast aside our doubts and inhibitions. We are indeed the masters of our own destiny!
This life is our only chance. No one is getting out of here alive. It’s time to live our dreams, to take risks and to give it all we can. We only live once.
Today, I want to tell you about a really simple way to start making money online.
Yes, it’s by using eBay.
I have always believed in conveying the absolute truth, and so my articles do just that. You will get both the good & the bad. Basically everything related to what is eBay about and whether it is really worth going in that direction when it comes to making money online.
Let us see how this whole eBay thing works now, shall we?
What Is My Aim?
My aim is to find you the best possible ways to make money online. I understand that it obviously has to match your interests.
While I shall be telling you about eBay here, you should know that there are literally a thousand ways to get rich online. You have to choose one or two methods and stick to them. Consistency is what is important
The money comes, that’s for sure, but only after some amount of time and effort has been put in.
So, if you wish to check out the many common and uncommon ways of making money online, please go through my list below, and click on whatever suits your fancy. Let’s make some money together!
|Ideas For Making Money On The Internet||My Rating|
|Affiliate Marketing with Wealthy Affiliate||9.9/10|
|Affiliate Marketing with Authority Hacker (TASS)||9.5/10|
|Making Money on YouTube||9.5/10|
|Affiliate Marketing with Income School 24||9.3/10|
|Affiliate Marketing with RA Wealth Partners||8.7/10|
|Affiliate Marketing with 2020 Super Bundle||8.6/10|
|Sell a Service on Fiverr||8.5/10|
|Affiliate Marketing with Partnership To Success||8.4/10|
|Sell Items on eBay||8.3/10|
|Affiliate Training with Rich Dad Summit||8.2/10|
|Create a Membership Site||8.2/10|
|Making Money with the Amazon Associates Program||8.1/10|
|Affiliate Marketing with 12 Minute Affiliate System||8.1/10|
|Create a Niche Website||8.0/10|
|Affiliate Marketing with Legendary Marketer||8.0/10|
|Write and Publish an eBook||7.9/10|
|Affiliate Marketing with $1K A Day Fast Track||7.8/10|
|Affiliate Marketing with Click Wealth System||7.5/10|
|Making a Coupon Website||7.0/10|
|Affiliate Marketing with Super Affiliate System||6.0/10|
|Selling a Course on Udemy||5.0/10|
GET THE WIN-WIN ADVANTAGE
As the owner of this website, I have tracked down special deals for some products and services mentioned herein. When you use the links on this page to make a purchase, I may also get a small commission, and you will definitely get a great bargain. For example, as an Amazon Associate, I may earn from qualifying purchases. This commission is paid by the product company and has absolutely nothing to do with the price you are being charged. The discount you get is due to my efforts to trace out the best available benefits for you. It’s a win-win situation all around. Full Affiliate Disclaimer.
A Quick Summary
|Name of Program||eBay|
|Website||ebay official site https://www.ebay.com/|
|What Is It?||List items for sale on the e-commerce website, eBay, then make money as other users|
bid on them in auctions
|Price||FREE to start. Selling fee of 12.55% plus a $0.30 transaction fee|
|Located||California, United States|
|Verdict||Overall, the reselling business on e-bay is easy-to-do and can give good profits. |
But it has a real learning curve and you have to learn as you go.
|Review Time||120+ hours|
What is eBay About? Breaking Down eBay
If you’re active on instagram and follow personal finance accounts, you’ve probably come across quite a few resellers. So, what are resellers? Well, resellers are people who buy second hand items from a variety of sources (charity shops, bootsales etc) and then sell on ebay (or other platforms) for a profit. This in its entirety is what is ebay about and how it works.
So, how to work on ebay? Well, though the premise of eBay reselling is pretty simple – you buy stuff for cheap, and then sell it on at a higher price, it pays to have a bit of knowledge under your belt before you get things rolling, so you can maximize your chances of success and increase your profits from day one by knowing exactly what is the best way to make money on ebay.
Whilst some people might question whether buying from charities to make a profit is ethical or not, it is a perfectly legitimate way of making extra money or even a full time income.
How to Work On eBay? Getting Started
Even though it is very tempting to just go ahead and buy items to flip for higher prices because the idea sounds so fun and popular, the best way to start is to declutter your home and sell whatever you don’t need any more. Only this way you will be able to capitalize on what is ebay about. Selling your own stuff allows you to get a feel of the platform, without the commitment. You can experiment with auctions or ‘buy it now’ listings, develop your descriptive skills and find out what works for you.
Start small and take little risks in the beginning. Buy a few cheap items to start, and see how you get on with those. Don’t buy a massive great bundle of clothing for £100 only to get into sorting it out and then realizing they aren’t that profitable. Get experience first and become comfortable with process.
Next is the part that beginners miss out on when they start. Listing is an art, and the more attractive it is, the more you can sell. Firstly, your listing title. Here, you want to be as descriptive as possible and put yourself in the shoes of your potential buyers… What keywords would they be typing into eBay when they were looking for an item like yours? Ditch words like ‘stunning’ and ‘lovely’, which really don’t mean a lot, and aim to include the brand, the size, the colour, and the style. And of course, a picture paints a thousand words.
Snap your items in natural lighting, from lots of different angles, and ensure there’s no clutter in the background. You can also consider adding measurements that allows buyers to make a more informed decision.
Well you have decided to sell, but what item should you sell? Why that item, and why not the other? Should you just go for multiple items and try selling whatever you think will profit? These are all traps that we fall into when we start reselling on e-bay.
An important point here is to pick very specifically what you will sell and make sure you know a lot about what you are selling. Don’t try to skip the tedious part of doing your homework. You can’t possibly know about everything… But if you choose just one area to focus on, you quickly learn the ropes. If you don’t know your items, buyers can be very clever in trying to get refunds and might deceive you.
You can sell your own items on eBay with a personal account, but if you’re buying to resell, you’re classed as a business seller and you’ll need a business account on eBay. This means that you’ll have to accept returns, in line with distance selling regulations.
A Sneak Peek Inside the eBay Official Site
eBay Official Site:
Here is the sign up of eBay:
Here is the interface of eBay:
What is the Best Way to Make Money On eBay?
Monetization on eBay is very simple. More people place orders with you the more money you make. Your item quality and delivery influence your user feedback which directly affects your order placement. So make sure you are delivering items with good quality. eBay handles all your transactions securely so you don’t need to worry about any payment processing issues.
When you have your item for selling, make sure you just don’t put it on the website to sell directly. Look for small defects and problems that you can fix. For example, if you have clothes to sell, cut off loose threads, remove any stains, repair any holes/defects, remove bobbles, etc. Packaging is what eBay is all about, so presentation matters, and hence the price the customer will be willing to pay.
If you buy your packaging in bulk, then you can get the cost per item down to just pennies, but prices are high for limited products. Also, there are eBay and PayPal fees to consider as well. These costs can seem a little daunting, but as long as you know your margins and keep track of your money, they really don’t have to be an issue. They’re simply a cost of doing business, and you can still create fantastic profits.
How much to list your product for? E-bay has already made that easy, just search that product and see for how much it is being listed and sold by others.
Armed with the information, you can make informed choices about how much to charge for your item. This function is really easy to use, and you’re going to be using it a lot in your reselling, so make sure that you’re familiar with how it works. Well the basic idea is to buy something of good quality at a cheap price and sell it for a higher price – simple enough right? Well, this isn’t as effortless as you think.
When looking for your specific item, you will have to make sure you have multiple sources to rely on. Look for garage sales, local sales in your area, go for bulk buying to any nearby large sale or even travel large distances if you have to, to get good cheap products in bulk.
Make the sourcing part adventurous and enjoy the journey, keep expanding your network of potential places to buy from so that you always have multiple options and are never out of stock. Who knows, you might come across a rare gem in the hands of someone who doesn’t know its true worth? So keep searching!
Check Out These YouTube Videos How to Sell on eBay
What Is eBay About: My Final Assessment
What I Do Like
- Easy signup
- You can reach a vast audience
- New customers are easy to find
- You can literally sell anything
What I Don’t Like
- Policy Restrictions
- Seller fees to pay
- Niche competition
What I Think About eBay
Well, the process of reselling on e-bay is fairly simple and very enjoyable, I must say. The benefit that e-bay gives you is that you can reach a very wide audience with an extremely large customer base. The questions of an adequate market and interested audience are no longer an issue here. As you start selling on e-bay, you can make customers and develop direct communication with them.
Thus the building of a customer base is also possible and opens up avenues for others businesses in the future: such as starting your own online store. We all have knowledge about something in great depth. Let’s say you love fashion and clothing, this probably means that starting with reselling clothing will probably be your main item because you know about it.
Sell anything, that is what is ebay about. So, you can surely find your niche, for which a strong customer base will already be available.
Selling on e-bay is just not simply flipping items to make profits. You have to work by the policies of e-bay and have limited autonomy. But that is true for any line of work too. Return, refund, customer service, and other policies are set by e-bay and you will have to operate within their bounds, which you might find unfavorable at times. There is a fee that is to be incurred on e-bay for your selling, and this discourages a lot of activity on e-bay, especially if profits are low.
The fact that e-bay has millions of active users means that almost every niche will have competition. So you must be very careful about the items you are listing and must develop good strategies to beat the competition.
The room for profits is always there on e-bay but it takes to learn and understand your niche and the market. It is a good option, and if your niche is highly profitable and you keep on learning, you can make fairly good profits soon. But this work requires continuous effort and there is no passive income here. So choose according to your preference.
No matter what you decide upon, alway remember that you might start out making some extra cash on the side – and later, with enough hard work and persistence, make a comfortable living out of it. The important thing is that you keep trying.
Only in persistence shall you find success.
(That’s a quote by me so please take it with a grain of salt 😋 )
eBay IS For…
- People who are self-motivated
- People who know how to spread the word – to friends, family members, acquaintances, and strangers using online or offline mediums.
- It is great for people who already have experience of selling goods online or offline is welcome, along with a business-savvy mind
- It is for people who wish to attain financial freedom and spend more time counting their earnings than worrying about it.
eBay IS NOT For…
- It’s not for those wanting to get rich quick.
- It’s not for people who have no time.
- It’s not for those who are not willing to put in the work it takes.
Final Verdict About eBay
What is eBay About? A Hit or Miss?
- eBay is most definitely NOT A SCAM.
- eBay is great for gaining exposure and money depending on the business model that you choose.
- It is definitely in the TOP FEW ways to learn and earn through internet.
Are There Any Good Alternatives?
eBay can be a good tool for money-making depending upon your situaton and the business model that you choose. However, there is other thing that I’d like to talk about. Have you ever heard of Affiliate Marketing? Why does everyone online seem to be doing affiliate marketing? What is it really about?
Well, let’s take a moment to understand the concept of affiliate marketing.
What is Affiliate Marketing?
So, lets say that you just got into the online money-making scene and are exploring your avenues? Well, let us tell you about the easiest way to make a paycheck online. It’s called affiliate marketing.
You basically get paid to promote the product of others. So, no skills, products, or even a brick and mortar setup is required. You just need your laptop and an internet connection. Could it be easier? Affiliate marketing has thrown up thousands of millionaires in a very short time, and they call it the best business strategy in today’s online world. Check out a few of the TOP names:
Others like Bob Proctor, and Zig Ziglar, and Russel Brunson, and Dean Holland, and Brian Clark, and Ian Fernando, and Zac Johnson are all internet gurus who have made billions or millions online.
Imagine Working Anywhere, Anytime and Making Money While You Sleep! That’s unbeatable, trust me.
And the money is GOOD. It’s not a side hustle we are talking about here. You can forget worrying about your finances or job. You would probably be spending more time counting your money and thinking of ways to spend it!
If you wish to understand a bit more about Affiliate Marketing, please check out the infographics in the short articles below!
As Always …
As an affiliate marketer, eBay is a superb channel that you can utilize to make money online. If you have come this far in my “what is eBay about” article, please remember that only by taking positive action can you truly know what a program is like. I took the same plunge, a while before you, and I would not have been where I am today, had it not been for some wonderful programs such as these, that earn you good money.
Taking action is what counts for making money online. Only that can change your life.
Believe me, internet and social media marketing is a great way to go! It may take time to build up your system because just like any good business, it cannot be built overnight. But it’s way easier than a physical brick-and-mortar business.
The important thing is that you must join a program that is not a waste of your time. And you must learn the right way to start making money online.
I Believe In Action
If you are still unimpressed with eBay, I suggest you do not take it up. Part of the deal is that you have to be completely convinced for it to be of value. The reason for that is that it is going to be you who has to implement the system. And if you are not sure, then you may not work on it like it is required.
But there is also this other program that I wish to talk to you about.
Pull Open the Curtains
My top recommended money making system is a program called Wealthy Affiliate. It’s actually my #1 suggested program. According to my research, it is the easiest way to make money online.
Long ago, I took action by investing in and starting with a training course called Wealthy Affiliate. It is the ULTIMATE foundation course for learning affiliate marketing and getting your online business set up. It takes work, but if you work, so does the system. Completely GENUINE and easily the best training you can get online. And did I forget to mention, it is FREE to join, and not even a Credit Card is required.
I always talk about getting into a system that teaches you as well as helps you get set-up with a workable system that can earn you money. Well, that is exactly what Wealthy Affiliate is. It helps you to learn and put into practice what they teach side-by-side. By the time you finish the training course, you also have a website fully-ready to make you money. Now that’s what I call a proper “money-making program”.
Wealthy Affiliate is not really a resource or a tool. It is a platform that trains you to become an affiliate marketer and also helps you side-by-side to set up a full-fledged business, while they take care of all the resources and tools that you need along the way. Find out what is Wealthy Affiliate about, and give it a go for FREE. It is, in fact, the best way to make money online.
Sign Up For Wealthy Affiliate
Wealthy Affiliate is totally FREE. Not even a credit card is required. They give you time to understand the Premium level of the program fully for 7 days, without spending anything. In addition, you get a website free along with hosting, security, SSL, and other benefits. Even after the 7 days free Premium trial is over, you can continue with the free website. Please go to the Wealthy Affiliate login here.
If you wish to upgrade to Premium later, you can do that as it obviously gives better tools & functionality within the platform. Or you can continue to learn and build your website, without paying anything at all.
You can check out my reviews or Signup for Wealthy Affiliate by clicking below:
If you have any contributions to make, or questions to ask, you can put them down in the comments below. I would love to hear from you.
Good luck with your dreams. Remember, the best way to make your dreams come true, is to wake up.
How much does it cost to sell on eBay?Are udemy courses free?
To properly understand what is eBay about and whether or not it is a worthwhile tool to make money online, check out the article above!
Who pays for shipping on eBay?
To properly understand what is eBay all about and whether or not it is a worthwhile tool to make money online, check out the article above!
Is it easy selling on eBay?
To properly understand what is eBay about and whether or not it is a worthwhile tool to make money online, check out the article above!
What sells the most on eBay?
To properly understand what is eBay about and whether or not it is a worthwhile tool to make money online, check out the article above!
eBay has become very popular is used by many people. I buy there products that are cheap and I have gotten my money if I am not please with my purchase.
So, it’s good to offer that same service when selling. I person I know wants to sell on their platform and was wondering all about it, so it’s good I found your article.
I will bookmark to read in more detail and send it to them. Thanks for sharing your story as well.
You are welcome Fatoumata
I am so glad I ran across your site! I have been looking for ways to add additional income to my online work. I have tried Ebay before, but that was years ago. It’s all about finding the right products for sure. I like EBay better than Amazon because there are less fees? I have sold extensively on Amazon, but the fees amounted to about 40%. Too much in my opinion.
I will try ebay again.
Good to hear from you Leahrae
Thank you aparna for this post. I have a thing where i like buying new cars. I buy my dream car for the moment and after a few months i have another dream car.
As a captalist, I want to first sell the car I have, use part of that money and get a new dream car. Sometimes It becomes near impossible to get a buyer from my local market. After reading your nice review I believe Ebay will help me live my dream. I don’t like living below my means
That sounds nice 🙂
Thank you for such an important topic. I honestly did not know I can make money with eBay. Like you say, the process sounds fairly simple and enjoyable. I believe it is something that is worth trying. Anything great in life requires dedication, and I can see that monetizing on eBay is probably the same. I also love that it is not a get rich quick scheme. Thank you for opening my eyes to this opportunity
You are welcome Boi
This is a great review! I have always wondered how to make money from eBay and now you review gives great educational pointers that I can use. I know of a couple of friends that have found financial success from ebay. I jsut don’t understand their whole “bidding” system.
To be honest I like being creative and for that reason I think its easier to have an etsy store. What are you thoughts on that?
ebay is a commerce website. Pretty much everything sells here.
Etsy is a website that connects buyers and sellers too, except that here you get handicrafts, vintage items, arts and crafts. Etsy charges $0.20 per listing, plus a 5% transaction fee when an item sells.
Huge creativity required at both places if you wish to succeed, Sasha.
You have done a good job of this article and have virtually answered all the questions I could have asked.
I buy from eBay but never thought I could equally make money selling unused things.
I should sell off a couple of unused items filling space in the house.
Thanks for sharing this valuable information.
Thank u Muslimah
Thanks for sharing all of the relevant information needed about making money from selling on eBay.
I think this is a good option for uncluttering our homes as you have said. I have some stuff that I no longer need or use, and eBay sounds like a good place to sell it and get some money back.
I’m already a member of Wealthy Affiliate, and have to agree with you that it is a great way to set up a business to earn passive income in the coming years. It’s not a get-rich-quick scheme, but it does work when we put in the appropriate time and effort to make it work.
I wish you all the best 🙂
Good to hear from you Andrew
This is such an interesting article. I have used eBay to buy in the past but I’ve never used it to sell anything. There are things that I have at home, for example guitar amps and other things that I could definitely sell. They are in good condition and I haven’t used them for a good while so they will feel almost as good as new. They were expensive to buy, so even if I sold them for half the price that I bought them then I would dtill make a good bit of money off them.
Now that I have learned from you how to sell on eBay, I think I will look into selling those guitar amps. When I eventually do this I will let you know and how I found the process of selling on eBay.
Thank you for sharing and for your help with this. Keep up the great work.
All the best,
Set up a garage sale Tom. I did that and earned over $3000. Not bad, eh!
Thank you for these tips. I have sold on Ebay before however I was doing it the affiliate markerting route.
The only issue with this is that the they had 24 hour cookies which actually made me lose money even though I promoted products as an affiliate.
I have never done selling my own things like you mentioned.
maybe that’s worth a try Thabo. Reselling on ebay is a great system.
Good article outlining the steps needed. Is Ebay still as relevant as it was before Amazon became so popular? I know it still is a major force, but so often I hear of Amazon first, then maybe a small drizzle about eBay. I know I used to go to the platform a few years ago more than I do now. Maybe just convenience?
Are sellers able to get enough traffic to sell only on eBay or are they also listing other places?
I have listed a few items in the past with varied results. Some never sold. Others went higher than I thought they would. I might try listing a few of our items again. We are in the decluttering phase, so have plenty!
I personally think ebay is better than Amazon. But that’s just my opinion.
There are ideas on my website for side hustles that will, at most, earn you and me a few hundred or thousand dollars every month.
I wonder, though, if you are interested in the REAL thing! The actual big-bucks! Affiliate Marketing with Wealthy Affiliate! Do check it out.
what a fascinating article you’ve got hair on how to make fast money online, I must say that I never knew one could make quiet cool cash from sales on eBay, I am most lucky to stumble upon this article of yours that has explain to me how one could earn by selling on eBay.. thanks a lot for sharing such an informative review I look forward to share it on..
Ebay is a really great Site
This article is very informative. It answers almost all the questions that we have about ebay. Nearly everyone know the objective of selling or buying from ebay therefore it is a very relevant topic. It will have many readers because many people want to make money or spend less money when buying something. I especially love the many tips that are listed on the website. I think many readers will find them useful. This is a very interesting website.
Thank U charmaine. You have said some really kind words.