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Making a profit on ebay
By Todd Luck
Staff writer
Online auction
sites like Ebay let you sell practically
anything you own. Here are some easy steps for making the most profit
off Ebay:
1. Buy
something and get feedback first.
This isn’t vital, but any sort of good feedback from an Ebay
transaction on your account will reassure buyers you’re not
some fly-by-night scam artist.
2. Use
Paypal.
Set up a free Paypal account
and offer Paypal as a payment option. Most buyers prefer to pay
online using Paypal.
3. Figure
out the postage.
Before posting your item, package it for shipping and get a postage
estimate by either going to the post office, or by putting the item’s
weight in the postage calculator at www.usps.com. Remember, lower
shipping charges attract more buyers.
4. Create
a title, picture, and description.
Your title should include as many keywords and abbreviations associated
with your item as possible so it’ll show up on buyer searches.
Make the description and picture of your item detailed and accurate
even if it means showing the item’s flaws. It helps to search
for items similar to yours to see how others have done this.
5. Set
a reasonable minimum bid.
Also look at similar items to see the minimum bids of other sellers
and how buyers react to each of them. You want one low enough to
attract buyers but high enough to make money.
6. Check
your email.
Buyers might email you questions about the item so constantly check
your email. When the auction is over, Ebay will send you an email
letting you know how to contact the winner.
7. Mail
the item.
You want to do this as soon as you receive payment for the item.
If there are problems or delays, email the buyer. Be sure to leave
the buyer positive feedback. If you do all this, there’s a
good chance he or she will have good feedback for you too.
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