One way to work from home on eBay is buying and selling products. There are many individuals that do this. eBay is their primary source of products and their primary outlet for products. This is how to work from home on eBay, buying and selling products.
Buying on eBay is simple. Find a product you like and bid on it. If you are looking for products to sell, an ideal place to look is the wholesale lots category. You can locate great deals here. Be aware that these are usually large lots of products and if you are just starting out, be sure to know what you are buying. For a beginner, keep these things in mind before deciding to make a purchase. First, know what the items are selling for individually on eBay. Do a search to find this out. Next, keep your price per item at 1/3 the current selling price. You will be paying shipping charges so look at that as well and figure it into the total cost. Once you have your costs figured out set your bid. Many people wait until the last seconds to place a bid. You may want to watch your item carefully and try to get it at the last minute or two. This is how many people work from home on eBay: buying products.
Another reason to use eBay to buy your products is if you are new to eBay. Every transaction on eBay should give you a rating. The fewer ratings you have, the less inclined buyers will be to purchase from you. Buying products on eBay will quickly add to your ratings. Once you reach about 25 positive ratings, your chances of attracting buyers increases significantly. The best way to receive great ratings is to pay for the auction quickly and to leave feedback as soon as you receive the item.
Selling on eBay is also simple. Once you have your product selected, you need to list your item. Keep the auction simple. Every service you add to your listing costs you money. These little costs can add up quickly, especially if your item does not sell. Gallery listings cost money, special layouts cost money, bold faced listings cost money. Watch your costs if you want to make money. You may want to look into software that is very inexpensive or free that will make the listings for you. This way you can create designer listings and add pictures without paying extra fees. Decide on your shipping policies, return and refund policies, and if you want to ship internationally or not. For an eBay beginner, you may not want to ship outside the US as there are customs forms and regulations that can get complicated. Get the hang of selling your item in the US first. Then decide on how you want payment. If you want to accept credit cards, a PayPal premiere or business account is better than a merchant account if you have low volume or low dollar amounts. This is how to work from home on eBay: selling.
Overall it is not difficult to set up a home based business buying and selling products on eBay. The great thing about it is that you can start slow and keep you current job. As you learn more about eBay, you can increase what you buy and sell and look for outside wholesalers as well. This is how to work from home on eBay: buying and selling products.