1) Sell Gift Cards on eBay
Gift cards are a profitable market on eBay. There are many people that have gift cards but not all of them will use their gift cards. If you can offer to buy these unused gift cards for a price at 20% or less of the value of the gift certificates, they will sell to you. You can advertise your offer in your local newspaper, penny shop and trading post. You are looking for gift cards that are still valid (not yet expired). Most gift cards have a toll-free number on the back so you can dial to check whether the cards are still valid and the expiration date.

When determining the buy and sell price of a gift card, you should do some research on eBay. Try to look for an auction that sells the same or similar type of card. See how much the card sells for in the auction and set your buying price at 40% to 50% of the selling price of the auction. The starting bid and winning bid of the auction can also give you an idea on how much your card can sell for on eBay.

2) Sell Used Cell Phones on eBay
The demand for used cell phones with brand names like Motorola, Nokia, Kyocera, Alltel, Ericsson, Sprint, etc on eBay are very high. Many of the used cell phone auctions on eBay usually attract bidders.

So how to find used cell phones to profit on eBay?
A lot of people change their cell phones every year. If you are one of them, probably you already have 2 or 3 used cell phones kept at home that can sell on eBay. Your friends may also keep a few of old phones left unused. You can buy from them and resell on eBay.

To get a consistent supply of cell phones, you may think about placing classified ads in newspapers that state that you pay money for used cell phones. You shouldn’t pay much when buying used cell phones. Do a little research on eBay to find out how much used cell phones are generally selling for. If a used cell phone sells at a price of $50 on eBay, you should pay no more than 30% of the price to buy it. If the phone is a recent model you can pay a little more and cut a little if it’s an older model.

3) Sell How-to Used Books on eBay
Used how-to books are rather easy to find and inexpensive to buy. They can be bought at $1.00 or less. You can buy how-to books from thrift shops, flea markets, used book stores, yard sales, etc and sell them on eBay for a high profit margin. You can also get how-to books from Book Sale Finder. Here are the type of books you should be looking for:

Hobbies
Photography, blacksmithing, clock building & repair, woodworking, magic, treasure hunting, iron work, pipe smoking, dog training, antiques, coins, buttons, medals, drawing, painting, craft making, dolls, pottery, etc.

Home and Garden
Home decorating, home remodeling, gardening, etc.

Misc
How to repair (watch repair, door repair, pipe repair), how to play, lost treasure, early aviation, etc.

When you list your books on eBay, you can either list them in the “Book” category of eBay or in the subject specific category of eBay. For instance, If you’re selling a book related to home decorating, you may be making more profit if you list the book under the “Home Deco” within the “Home & Garden” category of eBay compared to listing the book under “Book”

4) Sell Your Old Goods on eBay
Well, there’s nothing ground breaking here, I know.  But, nevertheless, most people don’t even think about some of the old things which they have lying around their house, could actually be worth a lot of money – right here and now.

If you can find collector’s items, these are the most valuable.

Maybe you used to collect coins?  Or stamps?  Or match boxes?

Do a search on eBay, and you’ll be surprised to see the variety of things which people are searching for and collecting.

People buy many things on eBay, and one of the main advantages with this site is that people go there for two reasons only:

Either they want to buy something; or they’re there to sell something.

So, if people are searching for an item, there’s a good chance that they are doing that because they are potential buyers.

This means that you don’t have to spend significant effort in convincing people.  They are already there to buy.  Now they’re looking for the most useful bargain.

Do you have a great idea on making money on eBay? Share your idea with us using the form below.

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1) Much depends upon how well you design your auction. You have to attempt to put information on it in a manner that it gives the much required incentive to the casual or interested visitors to actually bid for your item. For example some people do not give enough importance to the accompanying picture they have posted on eBay. A professionally shot picture with proper lighting and un-intrusive background is as vital as the description of your item.

2) Most of the bidders are uneasy about disputes and the hassles that they might get into after they pay up. To relieve such fears the best policy is to sign up at SquareTrade and get permission to display their logo on your auctions which will assure the bidders that they will be not be shortchanged in any eventuality. It gives a professional look to your auction and you will always see it on PowerSellers auctions. To further your professional image and build confidence, put up all business practices in a visible place giving details, including shipping, time schedules, and refunds.

3) Nothing boosts confidence more than positive feedback. Include all positive feed back comments prominently and in the event that you have 100% positive feedback, make sure that it’s mentioned on all auctions. If you have a reserve price it is likely to discourage bidders. Displaying a NR (no reserve) along with your item’s name should take care of that.

4) Benefits not features: Make sure your description emphasizes on the benefits that your item can give to the customer, not just its features. This is a classic sales technique. If you have trouble with this, remember: ‘cheap’ is a feature, ‘save money’ is a benefit.

5) You can never be sure of which payment method a particular bidder might be comfortable with. Try to include unusual payment methods such as checks, which most of the sellers try to avoid. Also keep just two or three auctions going on for an item you have more than one of in stock rather than choosing the Dutch-auction route.

6) Remember that much depends upon the search results when it comes to categories that are crowded. To ensure that your product comes up in the first ten results and you get the maximum hits you need to upgrade regularly. The best upgrades may be expensive but they may be worth the money you pay for them.

Do you have any other ideas for increasing your eBay response? Share your ideas below.

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Step 1: Open an eBay seller’s account
If you’ve ever bought anything on eBay, then you already have an account – just log in with it and click ‘Sell’ in the toolbar at the top of the page, then click ‘Create a seller’s account’. If you’ve never used eBay before, then you’ll need to open an account first using the ‘register’ link underneath the toolbar, and then click ‘Sell’ and ‘Create a seller’s account’. The eBay site will then guide you through the process. For security, this may involve giving card details and bank information.

Step 2: Decide what item to sell
For your first listing experiment with eBay, it’s not really important what you sell. Take a look around the house – I’m sure there’s something in there that you’re not all that attached to and could put in the post. Small books, DvDs and CDs are ideal first items.

Step 3: Submit your item
Click ‘Sell’, and you’re on your way to listing your item.

The first thing you need to do is select a category – it’s best to just type in what the item is and let eBay choose for you. Next, write a title and description. Include key words you think people will search for in the title box, and all the information you have about the item in the description box.

Now set a starting price. $0.01 is the best starting price, as it draws people in to bid who otherwise wouldn’t, and items will almost never finish at such a low price. The next thing to set is the duration of the auction: 3, 5, 7 or 10 days. This is up to you: longer sales will usually get more bids, but will also seem to drag on forever. If you’ve taken a picture, add it now – items with pictures always sell for more. Finally, tick the payment methods you will accept (just PayPal is best for now), and where you will post to (limit yourself to your own country to begin with). Submit and you’re done!

Step 4: Wait for your item to sell
This is just a matter of sitting back and letting eBay do its thing – buyers will find your item and leave bids on it. Some bidders might email you with questions about the item, and you should do your best to answer these questions as quickly as possible.

Remember that if your item doesn’t sell then you can relist it for free.

Step 5: Collect payment and post it
eBay will sent your buyer emails guiding them through the process of sending you payment for the item. Make sure you have the money before you send anything.

Once you’ve received the payment, all you need to do is pack the item for shipping (you can purchase packaging materials at the post office, Walmart, or a local mailing center), take the buyer’s address from the confirmation email eBay sent you, and write it on the parcel. Put some stamps on, post it, and you’re done!

I hope you enjoyed selling your first item. Leave us a comment using the form below and tell us how your first eBay sale went.

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Here are the best ways on how to make money on eBay:

1. Find out what’s popular to make more money on eBay

Always (and yes, I mean always) check eBay pulse to find out what’s hot!

If you sell items that are in very high demand you will sell, no matter what you do. Items that were particular hot during the last year are “PS3″, “Wii”, XBOX “360″, “Anti-Aging products”, “Disney tickets”, “iPhone”, etc.. I hope you get the point.

If something is hot there is a good chance that people need “sub items”. Items that are built on top of another product, e.g. Wii controllers, iPhone ringtones, repair PS3 service, etc.

2. Build an eBay shop – for people who don’t want to sell anything

Find something that people are interested in by checking eBay pulse and then register a domain name and create a website around that item. Get a script like BANS or any other eBay shop script that you can use to implement eBay affiliate products. This becomes even more lucrative since eBay is going to pay per click soon. If you receive a lot of quality traffic you can make a killing.

3. Sell something “Rare”

Sell things that are rare, weird, funny and don’t have much competition. If you have a USP and people want your items.. well I guess you figured out that the chances are very high that they will buy from YOU. Sell anything. Seriously, you could sell things on eBay that you haven’t even dreamed of.

4. Sell “as seen on TV” products

Those are hot! I mean *red-hot*. If people see a product on tv they want it. They will buy it and they will go to eBay first, because it’s the biggest site for “cheap” expensive stuff.

5. Import large quantities

Importing things can be very profitable. If you find a good way to import large quantities of things that are high in demand for a really cheap price, you are good to go. I am not talking about cheap, I am talking about rock bottom cheap! Buy from china where the production costs are just a fraction of what they normally would be.

6. If you don’t want to sell, don’t sell

You don’t have to sell on eBay to become rich and make a lot of money. In fact, some people became millionaires just by referring people. If you have a good strategy to refer people to eBay then you are done. Ok let’s be creative here .. think outside the box. How could you drive a decent amount of traffic to your site? Here’s my idea: Set up a site for a product. Only place items on the site that have discounts or even offer coupon codes. People love coupon codes because they think they can save some bucks (usually they don’t but that doesn’t matter). Next, you will print 2000 flyers for your eBay shop and pay a student to spread them amongst people. This can be really lucrative and drive a lot of traffic to your site, but it’s not targeted enough. How about doing something more targeted? You could start a blog and write about your product. Do some research into what people are interested in and drive traffic to your shop that way.

The opportunities are endless, all you have to do is think outside the box.

7. “Free” is not always what you want

Did you notice that most ways to make money on eBay involve buying something? I know many people can’t afford it or don’t want to spend money on a risky business adventure – but free is not always what you want. You have to risk something if you want to succeed. But taking a calculated risk is better than just taking a risk. Be prepared, study your business plan and find out how you can avoid losing money. There are always opportunities to test drive a certain niche on eBay. Buy a few items of your niche for cheap and resell them for more .. was it difficult to resell that item? Did it take long? How did the customer react? You’d have to write all of that down in your business notebook.

Treat it like a business not a hobby.

8. Reselling on eBay can be very profitable

Some people make a nice living by reselling. They buy things on eBay for cheap and then resell them .. either internationally or nationally. International reselling can be very profitable because sometimes items are much cheaper or more expensive in other countries. Of course you have to keep the exchange currency in mind, but usually there is still a lot of profit.

I hope this will give you some ideas how to make money on eBay. I really do. You just have to think outside of the box and risk something. Learning by doing. If you fail don’t give up .. most people will fail because they give up to easily. If you failed 1000 times you will know 1000 ways how *not* to do it .. at the same time you will come up with 1000 new ideas how to actually do it and make a living off eBay.

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EBay receives millions of visitors every day, and ranks as the most popular online auction website. Selling on eBay gives us the chance to sell to people from all over the world, unlike a physical store, where only locals are targeted. Earning a full time income from home is no longer a dream!

Your first question would be what to sell and where do you find products to sell? Begin by selling the few odds and ends that are lying about the house. The saying that one man’s junk is another’s gold holds so true. Of course, that doesn’t mean that you sell low quality stuff. Below are some of the best ways to find products to sell on eBay:

Your Home

A good place to find products to sell in the initial stages is in your home. I am sure you have plenty of unused baby clothes, car seats, toys, computers, books, china, cards, comics, electronics and a number of other things. As long as they are in good condition, these can be easily sold. Once you make some cash with these, you can venture into buying stuff for the purpose of reselling on eBay.

Second Hand Shops and Garage Sales

With the money that was made from selling things around the house, you can now start buying from second hand shops and garage sales. Look out for items that are in good condition. If you’re fortunate, you may find things that sell well. Do not venture into selling things that are too heavy, go for lightweight items that are easy to send through the mail. You will be amazed at the number of things you’ll be able to find and the profit that can be made.

Wholesalers

Once you have made enough from the methods discussed above, you can begin searching for a good wholesaler, where you can find goods at great wholesale rates.

Finding a good wholesaler is not an easy task. There are so many so-called wholesalers whose prices are not competitive. You will not find much help here if you ask others because nobody wants to share the names of good wholesalers as they don’t want more competition. This is the art of survival at it’s very best!

First, you will need to look around at what is being sold on eBay and what sells well. From my personal experience, I would say that electronics sell real well and since new ones keep entering the market every day, you will find a lot of buyers. Search for wholesalers in this niche, and settle for one that is the best.

I would suggest you join Salehoo.com. This is a place where you can find some of the best wholesalers for anything and everything you can think of. They even have a forum where you can meet others and get some ideas on legitimate wholesalers.

Drop Shipping

Drop shipping means selling for someone else. You will not have to buy anything or stock any products. The supplier stocks all products at the warehouse and shipping is done directly to the customers you point out. All you need to do is decide what you want to sell and list it on eBay. Once the item is sold, the customer will send the payment to you, you will then send the payment to the supplier and the supplier will dispatch the item to the customer.

The supplier has his product catalog with wholesale price to each product and you decide what items in the catalog to sell at a retailed price fixed by you. How are you going to fix the price? The price you fix should be based on the supplier’s price, eBay fees and delivery costs.

The advantages of drop shipping is that you don’t need any upfront money nor do you need any stock. There are a few disadvantages too. You will not know whether the supplier has enough stock of the item you are selling. You will need to constantly keep in touch with the supplier and checking out supplies. This is where a good genuine drop shipping company helps. Worldwide Brands is the best online source for all your drop shipping needs, read my Worldwide Brands review to find out more.

Flea Markets

If you are one to frequent flea markets, you know that it is a place where vendors sell their goods or even trade goods. You will find inexpensive goods from various parts of the country. It is a known fact that the second hand goods found at flea markets are sometimes worth far more than what the buyer pays. If you can get your hands on something good, you can make a fortune on eBay.

Discount Stores or Department

A discount store is a retail store where things are sold much cheaper than at a traditional department store. You can find a wide assortment of goods like electronic equipment, jewelry, electrical appliances and many others. Wall-Mart, Target and K-mart are examples of such discount stores that attract price conscious customers. If you are living in the US, this is going to be great for you, as you can make a ton of money just buying here and selling on eBay.

Trade Shows

Trade shows are the place to be for someone who sells on eBay. This is where all the manufacturers meet and you’ll have an opportunity to get the information straight out of the horse’s mouth, before actually deciding on buying their goods. Before deciding on going to a trade show, try and find out which manufacturers are going to be there and what the goods are. If it’s anything that you’re interested in selling, you can meet with the supplier.

Just use your imagination to find goods at affordable prices. You can visit Government auctions, Liquidators, Newspaper and magazine classifieds and wholesale gift catalogs as well.

Remember, wherever you choose to get them from, use your best judgment in determining the quality and worth of an item and go for it only when you are absolutely sure in your mind that this is going to bring in a nice profit after deducting all the other expenses involved.

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One of the numerous pros, or positive sides, to selling on eBay is the fact that it’s very easy to do. Once you create an eBay account, you can begin listing items that you have in your possession for sale right away.  EBay has a simple step-by-step process for listing items for sale, in conventional auction formats or buy it now formats. In fact, eBay also has a program that lets you compile your auctions, with pictures and descriptions, when you are not even connected to the internet. As soon as you connect to the internet, you can start to upload your listings and have them begin immediately.

Another one of the numerous pros to selling on eBay is that just about anybody can do it. You don’t have to have extravagant, expensive items to sell on eBay. In fact, a great number of those selling on eBay are just selling items that are taking up space in their homes; items they don’t need anymore. If you are interested in becoming an eBay seller, but you aren’t certain as to how much you can depend on eBay for income, you may need to think about testing the waters. You can do this by listing the items have you have laying around your home for sale. Items that tend to sell relatively well are lots, or groups, of toys and baby clothing.

While there are numerous pros, or positive sides, to selling on eBay, there are also a good number of cons, or downsides, to doing so as well. One of the biggest cons or downsides to selling on eBay is the amount of competition. As it was previously mentioned, a multitude of internet users have began using eBay to make extra money or even make a living. This is what leads to multiple auction listings for the exact same items. While this is a great thing for eBay buyers, it can be harmful to you as a seller. When the supply is higher than the demand, you may not make as much money off of your items as you had originally hoped to, if they will even sell at all.

Another downside to selling on eBay is the fees associated with doing so. In recent years, eBay has remodeled their fee structure, oftentimes to raise their fees. Although these fees are still regarded as relatively low, they could possibly put a damper on your profits, which alone are sometimes hard to come by. Of course, there are some ways that you can lower the amount of eBay fees. For example, if you have a “hot seller,” you could start your auction out at a low price, as the fees are less for doing so; however, you are taking a risk, as you never have any guarantees as for how much your items will sell for. Perhaps, the unknown is one of the biggest downsides to selling on eBay; you never really know if you are going to make money or even if you will end up losing money in an auction.

As you probably already know, the decision as to whether or not you want to become an eBay seller is yours to make, but, when making your decision, you are advised to keep the above mentioned points in mind. With a relatively equal amount of pros and cons, you may be wondering what your best option is. For more accurate information, you may want to think about testing the eBay seller waters, as you are able to sell whenever you want, with no minimum auction requirements.

EBay often runs specials to help you get started selling, so you can try it for almost no out of pocket cost to you. But before you go off and become the next eBay success story, leave us a comment below and tell us what you think about making money on eBay.

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Ebay is a very popular and easy way to buy and sell products. Despite the ease of utilizing the services of Ebay, many people are still intimidated by the concept. Maybe this is because they are intimidated by the internet.

Back in the day, Ebay was a lot more complex. It required you to enter your own html to make the lettering changed or different colors or to set up your page. Much time was spent on getting the html correct, and if you didn’t you had to go back in and do it again until you got it correct. It was a very time consuming process and although Ebay did provide you with many of the html codes that you needed, there were many more that you needed to find if you wanted to keep up with the computer savvy sellers of Ebay.

As Ebay grew so did the complexity of the listing process, as then you needed to figure out the html to link some of your pages to others and how to link your website to Ebay. When all was said and done, you were exhausted, but you had your page exactly the way you wanted it.

Ebay later decided that they wanted to make their site easier, so that even those less knowledgeable of the internet would be able to use it. Although this as made the site very uniformed, and boring to some, it is in fact very simple to use. There are buttons that assist you with changing the fonts and colors, inserting text and much more.

This change is both a positive and a negative thing. It is positive because it allows for amateur users to get involved in the latest buying and selling craze. On the other side of the spectrum, it eliminates the ability for some of the fabulously unique techniques that were used by some of the more experienced users. No matter how you look at it, Ebay has successful achieved their goal of a creating a user friendly process, that allows all levels of internet users to buy and sell on their site.