You Can ABSOLUTELY Earning a Living with Ebay! (Part III)
June 12, 2019
Part Two: Growing an eBay Business
If your test drive is good and you decide to have a home business from eBay, you need to find a source of items to sell and set up your business. Here’s how:
- Set up your business. If you plan to make steady income from eBay, you must set up an official home business, such as getting a business name, getting a license required by your city or county, and creating a business plan.
- Run your eBay business like a business. Along with a consistent stream of quality products, you must offer good customer service, pack items well and ship them fast, manage your inventory, and keep track of your business costs.
- Open an eBay Store. If you’re doing good, you might want to take advantage of opening an eBay store. Having a store offers many benefits over regular eBay selling like a custom online store, more free listings, lower final value fees, and marketing tools.
- Pick a Niche. Ultimately, you’ll run out of things around your home. So, you’ll have to find a new source of inventory. There are a few of ways you can do this. Based on what sold well in your home, you can find more sources of those products. Places to look are yard sales and second-hand stores. Or sometimes people sell items in bulk, that you can buy, break up and sell per piece.
Drop shipping companies will manage the order and shipping, adding your business label for a fee. A wholesaler sells items to you in bulk that you will then sell and ship.
Many eBayers concentrate on a certain product or sort of product. Others follow trends, selling what’s hot, which necessitates some research. Be careful about being swayed by get-rich fast on eBay offers.