The Power of eBay: Earn Extra Money with eBay

Ways to Earn Extra Money with eBay

earn extra money with ebay from homeWe have all heard of eBay, the trading site where anyone can sell to any other, anywhere in the world. It is the archetypical way of making money from home. Many eBay sellers have even given up their day jobs to concentrate on listing, selling, packing and posting their merchandise and more than a few thousand are actually drawing more of an income now than they were in their regular day job.

Even Silver Power sellers on eBay are raking in profits of $3,000 (£2,000) per month, and if you can crank up to a Gold Power Seller, then how does $10,000 (£6,500) per month sound to you? The great thing about eBay is that you can create a shop and not pay any business rates or members of staff, so once the stock has been purchased, you are left to see the rest of your inventory as pure profit. Here’s how to earn extra money with eBay:

First of all, decide what it is you are going to sell; don’t just sell loads of old tat, make it something you are interested in and know a lot about. It may be old coins, stamps, CDs or vinyl records, books or even trinkets or home-made jewellery. Just be sure you know your niche.

Once you have opened an eBay account, make sure you have a PayPal account to match (this will get you paid). Take a photo of your item (the best photo you can) and list it. Decide how long you want your listing to last (3, 5, 7 or 10 days) and confirm listing. You may want a specific price, so list it as a (“Buy it now”).
Once sold, you go and post it (always use bubble wrap to protect delicate items). The next thing on the list is to source more stock at the cheapest possible price. If your item has struggled to sell, you must look at making it a perfect listing: consider the title – has it got those keywords there to attract buyers? Without buyers being drawn into your listing you cannot expect to make money from home.

Don’t bother with sensational titles like “Wow! Super New CD by One Direction” this will not draw potential buyers in. Always write an “About Me” page for your account – this makes potential buyers feel comfortable about doing business with you. And above all, have fun making money from home with eBay.

Tips on How to Earn Extra Money with eBay