GuidetoMakeMoneyonEbay
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Ok so here we go how do you make money on Ebay?

People that make a business out of selling on Ebay do so by using some of the tools that Ebay provides. Ok So firstly have you heard of Ebay Pulse? Heres a link PULSE this clever tool will show you what the most searched for items are on Ebay. Look for a popular market and enter it? Well is you look at one of the biggest seaches ie IPOD you will see thousands of items for sale. So use Pulse to explore the most popular keywords, and incorporate these in to your descriptions. Ebay also provides a whats hot resource - check this out. Whats hot!

When Selling Descriptions and Titles are your shop front, One of the key rules of successful selling on Ebay is to always and I mean always provide a gallery picture. This will ensure people click on your link and have a look at your item, for the small amount extra this is an important feature. Countless times when I am on Ebay, and for you too, the picture gets the attention. Ignore at your peril!

Use the Ebay description to full effect. And use the subtitle as well, as people use the searches and the more keywords you cram in then the more people will see your item appear in their search. Even Ebay will tell you this will increase traffic to your item by 25%.

Thought about a shop? Well the main benefit of a shop is that when people see an item you have they will also look at your other items. And when they look at one of your descriptions, your other items for sale are featured at the bottom. But also one of the biggest selling points of this is that if someone is searching outside of Ebay, ie on Google or Yahoo, then your items in your shop will come up in these searches. The basic package is £6 a month - good value, and it will give you live Stats.

Ebay will pay you to promote their site! Amazing as it is but with all the marketing Ebay puts out there they are still willing to pay the little guys to supply them with Traffic. Logging on to Ebay and joing their affiliate program, means they will provide you with a link. You can then use this to put on your website and send them people. Plus when someone clicks on that link and either bids, wins, or signs up a new account you will be paid! Some people base their entire business on paying for keywords on GoogleAdsense to direct people to Ebay and picking up the commission. Click on this link to Ebay, notice it doesn't go straight to Ebay in the address bar, first it logs to my account that a click has been made.

Selling on Ebay is easy, making money easy! Making a million a little harder. The best markets to get in are not always the most popular, if you can find a niche market, something that no one else is doing or that only very few then you stand a chance of making some good money. Thus IPODs, XBox's etc are not always the best routes to go down. Vintage clothes, reconditioned violins include ideas that have made their creators millions.

Got and item you want to sell, need to find out how much it is worth chances are someone else has sold the same, so in the advanced search choose completed sales and you can see how much similar items have sold for. Advanced Search

A couple of tips for buying? Well the big items popular at the moment is sniping software. This software will 'snipe' items ie bid for you at the very last moment. You put in how much you want to spend and the software will bid this amount at the last minute. Here are the most popular items, and those that use these are quickly becomming known as technology bounty hunters. Try Powersnipe.com or Auctionsniper.com

Make money out of mispellings, chances are is someone has mispelled an item then it won't have appeared in many searches and won't have been bid up to a good price. Use this software to check for mispellings and bag a bargain. Floodle

Heard of ISOLDIT yet? This is the uk franchise that has recently come to the country. Like the Ebay shops in the state this is where you can take your items have them placed on Ebay for you and shipped, nd the shop takes a commission.

Finally sell something you have a genuine interest in and love. You'll have true enthusiasm for it then, will provide answers to questions, and this will rub off on your service. You'll be surprised how many customers come back, and you'll be added to favourite seller lists.

Now get over to Ebay and get started!

Time savers

BIN: Buy it now

BNWL: Brand new with labels

BNWT: Brand new with tags (on clothes)

BNIB: Brand new in box

MIB: Mint in box

NARU: Not a registered user (perhaps an NPB or NPS who has been terminated or Naru'd)

NPB: Non paying buyer

NPS: Non performing seller

NR: No reserve price

 
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