| Basically, anyone with a computer can start up and run | | | | collect payments from your buyers using credit cards |
| a successful business on eBay and make a lot of | | | | and other payment methods. Follow the instructions to |
| money. So if you're reading this article. Step one is | | | | set up your PayPal account from your eBay account |
| accomplished. Obviously you have access to a | | | | or go to and create one. |
| computer and Internet. | | | | Once you've done those two things you are in a |
| Let's cut to the chase and get right to the point... | | | | position to sell anything to anybody anywhere by using |
| You own a computer and have access to the Internet | | | | your eBay account and thanks to your PayPal |
| right? | | | | account you can now accept payments from your |
| Yes! | | | | buyers. Note: PayPal lets you transfer money from |
| What you need to know | | | | PayPal to your bank account so be sure you follow |
| The best eBay businesses sell unusual, "hard-to-find | | | | the steps to get verified with PayPal and register an |
| items" at discount prices. As luck would have it, you do | | | | account with them for future transfers in order to |
| not require to know anything about antiques & | | | | have physical access to your funds. |
| collectibles except some basic research is needed to | | | | Get familiar with eBay tools in the back office. eBay |
| find the "hard-to-find" name-brand items and to profit | | | | gives you lots of information on how to buy, How to |
| from them. | | | | sell, and how to increase your sales. eBay offers |
| Why sell on eBay? | | | | training and support for your new business. Make sure |
| Compare a yard sale to an online auction: | | | | you get through all of them. It is vital to your success |
| Yard sale: people will gather up things from around the | | | | "selling" on eBay. |
| house that they no longer use and put them on their | | | | You're ready to go ahead and start your business with |
| front lawn and turn them into some cash that can | | | | eBay. Remember the yard sale idea? You had your |
| hardly cover the bills. The problem with that is that you | | | | own inventory in your home which you gathered up |
| may have valuables that may worth more than what | | | | for sale on the lawn. Ok! So we're not going to go |
| folks will want to pay at your yard sale. You will | | | | there of if you have done that already and have |
| probably get next to nothing for it because; people only | | | | exhausted your personal inventory, you need this next |
| go to yard sales for a good bargain. | | | | step. You are not going to need to go around the |
| Online Auctions: permit anybody to put their particulars | | | | neighborhood looking for junk or cheap deals to auction |
| for sale on a global scale. Which means if you have an | | | | online either. There's nothing really wrong with that idea, |
| item such as a special vase for sale, someone in one | | | | it's just that takes up much too much time than it's |
| state may want to buy it because it matches | | | | really worth. |
| something that they already have and they were | | | | You're thinking about making money right? |
| looking for a another one identical to yours to make a | | | | Right! |
| pair. This person may offer you top-dollar for your item | | | | It is in your best interest that you learn how to locate |
| compare to if you had sold it at a garage sale for only | | | | merchandises for you to distribute. If you're going to |
| $5 or $6 dollars. | | | | sell products on eBay, you require a consistent source |
| You need to know how a retail business work if you | | | | of products supply. You need to be sure that you can |
| are going to sell on eBay | | | | buy those products at a true wholesale cost so that |
| An industry will manufacture a product. They don't | | | | you are able to establish a profit once you sell them to |
| want to distribute the productions to the worldwide | | | | your buyers on eBay at your retail cost. Which means |
| population; they in turn sell wholesale amounts of | | | | that you have to find a wholesale supplier that will |
| merchandise in bulk to a distributor. The wholesale | | | | work with you. |
| distributor appends a markup cost to each product | | | | When you sell merchandises online do not spend your |
| and sells them to a retail merchant. The retail merchant | | | | own money up front for these products or for storage |
| appends a little more to the price of each products | | | | of your merchandise. What you will need is a "drop |
| and sells to its customers (you and me the buyer) | | | | shipper". With a drop shipper you won't have to worry |
| Let's get started | | | | about stocktaking, or storage, no up front unnecessary |
| There are several auction sites on the Internet such as | | | | overhead spending, just earnings! |
| eBay, Yahoo, ebid, ubid, Amazon and so on. eBay, is | | | | Abolish the command overhead expense mentality for |
| an auction site with the most members and hits. They | | | | your online business. It's Old School |
| are plainly the best option to go with. There are no | | | | Find a drop shipper that carries the merchandise you |
| fee's to join eBay. The only fees affiliated with | | | | wish to sell example of some are megagoods.com, or |
| marketing items on eBay takes place when you | | | | simply type in Google [dropshipper] |
| actually list items. So the first thing you would need to | | | | A drop Shipper will provide you with pictures and |
| do is to open up an eBay Seller account. You would | | | | descriptions of the products, maybe even catalogues, |
| need to go to site. On the welcome page you click | | | | so you can upload the information to your eBay |
| Register to create an account. It is quite a simple | | | | account and offer it to the public. |
| exercise to complete; basic information required such | | | | You sell the item on eBay for $99.99 [just an |
| your name, address, ph # and some other information. | | | | example]eBay/PayPal charges the customer credit |
| It should take no longer than 5-7 minutes to complete. | | | | card plus shipping & put the $$ in your PayPal |
| eBay will then send you a code in your email to verify | | | | acc. |
| your account. Check your email and click the link, copy | | | | This money gets transferred directly into your bank |
| and paste the code in the code box. And you're done. | | | | account [you would need to physically transfer the |
| It's that simple. | | | | money from your PayPal acc to your bank acc] |
| Now you would want to set up your PayPal account | | | | You email the order to the drop shipper. |
| so you can accept payments from people over the | | | | They ship the product directly to the buyer from their |
| internet when they purchase from you. PayPal is the | | | | warehouse with your business name on the package. |
| largest most respected and trusted online payment | | | | The drop shipper charges you the wholesale price of, |
| processor. There are no fees to create an account, | | | | let say $56.00, plus shipping which you've already |
| and no monthly fees either. You only pay a | | | | received from the customer, so it cost you nothing. |
| percentage on each transaction you process and you | | | | Your order is complete. You just made $43.00 on your |
| can find that information in your PayPal back office | | | | sale and you didn't have to touch the product or carry |
| once you set up your account. PayPal allows you to | | | | any overhead cost. |