| Most people consider starting a business of their own | | | | words will help a perspective buyer find a seller's items |
| at some point during their lives. With all of the | | | | during the search.. |
| opportunities there are for making money online these | | | | 3. Buyer enters a bid large enough to beat out other |
| days, it easy to get started. Regardless of whether | | | | bidders and win sellers item. Since eBay has a proxy |
| you want to sell products or provide services, eBay is | | | | bidding system a bidder can enter the highest bid they |
| a great place to test the online retail waters. | | | | feel comfortable placing right at the start of the bidding |
| There is a casual, almost garage-sale-like, atmosphere | | | | process. Note that the highest bid a buyer places will |
| to eBay, but don't let that fool you, eBay is big | | | | only be used if there is competition with other bidders |
| business. There are over 750,000 people making their | | | | that forces the bid up, if there is no competition for the |
| fulltime living on eBay. If you are considering become | | | | item the bid will not increase, regardless of the highest |
| one of them, then you have to enter into this arena, | | | | proxy bid entered. |
| fully prepared to win. The first step in getting started | | | | 4. The buyer initiates payment to the seller through |
| with an eBay business is to become familiar with the | | | | Paypal, check or money order. eBay owns Paypal and |
| eBay website. | | | | as such Paypal is the easiest way to make payments |
| Spend some time getting to know the environment. If | | | | online. Over 85% of all eBay transactions use Paypal. |
| you don't already have an eBay account, open one up. | | | | 5. Seller packs the item and ships. Breakage in shipping |
| Once you have a registered account you can begin to | | | | is one of the biggest reason for returns on eBay. It |
| make small purchases. By purchasing small items you | | | | pays to spend the extra time and expense for bubble |
| minimize your risk while learning how this ecommerce | | | | wrap, strong boxes, and packing tape, to ensure that |
| giant operates, while at the same time building up your | | | | an item arrives intact. |
| positive feedback. | | | | 6. Buyer receives package. Delivery confirmation and |
| Whether you ultimately want to be a seller or just | | | | package tracking allow both buyer and seller to be |
| mainly a buyer, going through the entire life-cycle of an | | | | aware of when the package arrives. |
| auction will help you see all the various facets of | | | | 7. Positive feedback left by both parties. If the seller |
| planning, initiating and following through with a sale on | | | | accurately describes the item, listing the item with lots |
| eBay. | | | | of pictures, charges actual shipping costs, packages |
| There are eight steps in the eBay auction life cycle. | | | | the item, and ships promptly, they will more than likely |
| | | | have a happy buyer. If the buyer pays promptly, uses |
| 1. Prospective buyer registers to sell. Before a seller | | | | Paypal, and leaves the seller positive feedback, the |
| can begin selling items on eBay they must register. The | | | | buyer will more than likely make the seller happy. |
| registration process is easy and only requires you to | | | | When both parties are happy they usually trade |
| put in basic information about yourself. | | | | positive feedback. As you can see the process of |
| 2. Registered buyer searches for and finds seller's | | | | understanding ecommerce on eBay is easy, you just |
| item. A good title with appropriate, descriptive key | | | | have to be familiar with the rules of the game. |