The Internet is increasingly intertwined with modern reality. No one is surprised either by remote work or additional reality. You can earn money on the Internet by mastering one of the most popular professions (you can become a copywriter, SEO specialist, arbitrageur). But this is not the only way. Many earn on bulletin boards. So, how to make money on eBay - the American platform for buying and selling various goods?
Ecommerce Success
Even if you don’t have too much time and ability to successfully work in trading, eBay is a great opportunity to get rid of extra things in the house and make some money on it. eBay is a worldwide company operating on the World Wide Web. The platform is allowed to trade various items. The founder of the website P. Omidyar at the end of the twentieth century was deciding how to make money on eBay. It was he who highlighted the basic values of the eBay auction, on which the company relies today. The essence of the concepts is, first of all, in the humanism of trade.
First stage
The company is very popular abroad, but in Russia, eBay fame is growing rapidly. How to make money on eBay? You will have to start by registering on the site. Registration is free and quite ordinary. The system will prompt you to enter a name, email address and password, which will be used to enter the page in the future. Immediately you need to choose the type of account: personal or business account.
Before you start making money on the site, experienced trading enthusiasts offer at least a little to feel in the status of a buyer. Thus, you will understand e-commerce from the inside out, reveal the essential details and get the first experience. After getting to know the site, many already understand how to make money on eBay in Russia.
Where to begin? How to make money on eBay? To begin with, you can offer everything that is lying around at home: clothes (old, but in good condition), inoperative equipment (for parts), little things that are no longer needed.
Payment mode
Before building up the turnover in trade, you need to provide for a mode of payment for the site: agree to standard rates or still become a subscriber.
- In the first case, you are given the opportunity to exhibit 50 of your goods per month for free, but any sale will result in an additional 10% of the cost of the goods.
- Subscriber is a trading mode for professionals. They prefer to increase trade; limiting the volume of sales does not suit them. In this case, you will have to pay a fixed amount (from a modest payment of $ 16 to a very decent $ 180), but the subscriber will seriously win the sales commission. It will be greatly reduced (from 4 to 9%).
Electronic money
When deciding how to make money on eBay without investments, it is highly desirable for you to have a wallet in one of the electronic money systems, or better, in several. At the same time, pay attention to the prevalence of payment systems in individual countries and in Russia. For example, PayPal is widespread in Europe and the USA, and in Russia few people have an account in this payment system. For Russia, Qiwi is more suitable. The site does not offer other options for electronic money payment. EBay pursues this policy in order to ensure a successful shopping and sales experience.
Cost of goods
It is easier for a young player to determine the optimal value of goods by analyzing the activities of competitors who successfully trade in the same goods. Clarify the price range, while paying attention to the characteristics of the products in order to determine the products are the same as yours.
Payment Method
How to make money on eBay? Regarding the methodology for the transfer of the proposed products, it is necessary to highlight several payment options:
- In a regular auction, the first price and the time of its completion are determined. The buyer who has declared the largest bid is declared the winner and receives the goods. This method will be good for well-known or unusual products, buyers will begin to compete and raise the cost. So you can determine how to earn large amounts on eBay.
- The "Buy Now" method. The buyer confirms the cost at which he can buy the product. In the case when it suits all parties, the goods are transferred to the new owner.
- The “Best Offer” option is an additional function to the already described method. You, as a seller, will analyze options at a cost and decide whether to give the goods away or not.
After determining the methodology and putting up the goods for sale, you only need to wait for the first buyers.
The sales methodology itself is a rather complicated process. Sales managers constantly undergo continuing education courses and are engaged in self-education. How can I make money on eBay? The question is relatively easy, if you understand all the little things. In general, you can sell everything, the question remains only how and for how much.
Product Feature
The first problem is what are we selling? Home-made goods are going well, especially if a jack of all trades does them. And this is not only about Orenburg downy shawls or self-woven carpets. Sold for decent money and ordinary products from wood, fabric, wool, embroidery, soap or notepads to order.
Items of clothing, shoes, furniture, etc. are valued significantly less, but still paid well. For example, a blouse that has become three sizes smaller than another five years ago, and now gone for 700 rubles (if you get more, you can only be happy) is estimated as success in any case. Over the course of several decades, a large amount of old clothes and second-hand clothes have been accumulated in their native housing, on which you can earn several thousand rubles.
If you have entrepreneurial talent, you can try to become an intermediary. Carefully research popular products and determine which items sell best. Then see if you can find similar ones in your city, but at a lower cost: in the market, in commissions, second-hand, but in good condition. Another option is to purchase products in bulk. Next up is selling on eBay for a profit.
Product Photo
But one advantage of your product will often be not enough, because you still have to show the products. The second problem is to show the goods. Unlike a regular store, where the buyer can connect almost all the senses, online stores can only use vision. Therefore, the obligatory stage of the trading operation will be adding good shots.
Buyers, as a rule, want to look at goods in good quality so that the picture shows all the nuances of the products. Therefore, the image of the product must be informative and attractive. Well, if it will be possible to take a picture from a tripod, on a plain floor. In total, it is advisable to take 2-3 pictures from different angles.
Search algorithms
Internet specifics are search engines, with which you can find any information in the world system. That is why it is necessary to give work not only to the eyes, but also to the mind. It is necessary to write a capacious description for the photograph, taking care at the same time that it includes keywords with the most fundamental features.
If you do just that, then when the buyer types in the search for “Nokia Smartphone Black,” it is likely to be on your ad. This greatly increases the chances of selling the goods.
In addition, visitors to the site should see a variety of material: general characteristics of the goods, time of the previous purchase, material condition, secondary or not, dimensions, color, etc.
Delivery
You need to consider how the goods will be delivered to the buyer after payment. Shipping cost depends on the parameters of the goods. It is best to determine the status of “free delivery”, because a considerable part of people immediately try to find products with a similar parameter.
How to make money on eBay without investments? As you can see, the general logistics of selling goods on the eBay site is not very complicated, the main thing is to know the basic principles of electronic commerce and follow the main thesis of the founder of eBay - for the most part, people are good, which means they are looking for beautiful and similar products too.