eCommerce eBay 101 Get Started 2.6.2013

When you want to get started on eBay there are things that you will need to do to insure that you will have the greatest amount of success. The first thing that you will want to do is create an account with eBay. To do so you will need to go to www.eBay.com and click on the register button. You will then have a form to fill out asking for name address and phone number. Towards the bottom of the page eBay will ask you to create a seller id. Don’t be afraid that the name you pick doesn’t reflect the product that you will be selling a year from today. The user ID is something that can be changed every 30 days.

Once you have your eBay account set up, the next step is to create you PayPal account. This is the preferred merchant account used by eBay. You will want to sign up for a premier account. This account is free and will allow you to move money from your PayPal account to your bank account more frequently without risk of penalty. Keep in mind that you can only have one PayPal account per bank account. Now that you have a PayPal and an eBay account created the next step is to look around the house for things to sell.

eBay has a section on the site called the eBay Seller Central. This tool will help you break down your home and see what other people are selling from around their homes. Once you pick the room that you want to sell out of the eBay tool will allow you to look at completed listings.

Completed listings show you what happens after auctions close. Completed listings show items with Red and Green prices. Red price means that the item closed with out a sale and a Green price means it has sold. You want to eyeball the first couple of pages and if it looks like at least 40% of the products old then this is a good product to sell. Once you know this is a good products to sell there are 4 ways to market the product. 1) Make sure your price is not higher then the average selling price of the product. 2) With the title you use common keyword phrases 3) Make your description is detailed enough to were a person doesn’t have to ask for more questions about the product. 4) Make sure you products has images with it.

The last step is to list the item you have done the research on, remember that duplicating your competitors listings can be a great way to get an idea of how to create a listing.

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