Running A Successful Home Based Ebay Businesses

Posted by Nick Niesen on November 1st, 2010

eBay, the Internet auction site, is hot. Anyone with a computer and Internet access can buy nearly anything they want on eBay. Want a new dress? Get it on eBay. Want an antique lamp? You can get that on eBay, too. How about a new house or property? You got it. You know that you can spend a fortune on eBay, but did you also know that you could make a fortune, too?

When you register for an eBay account, you can sell anything that you have on eBay. EBay is the perfect way to sell your goods and make money. In fact, you can sell clothes when the kids outgrow them or make your eBay selling into a full-blown business. There are many people that have left the comfort zone of working a 9 to 5 job and turned to eBay for their livelihood.

How do home based eBay businesses work? If you have never sold an item on eBay, you may feel intimidated at first. However, once you get the hang of selling, it is easy. Some even describe selling on eBay almost like an addiction. You have thirty minutes left on your auction, so you want to watch every minute to know that you are getting the top bids for your products!

The first thing you will need to do when you have a home based eBay business is to set up an account. This is fairly easy, as all you will really need to do is to set up a user name. Most people go with names that reflect what they sell such as ?granniesquilts? or ?babyscloset.? You will also need to set up a PayPal account. A PayPal account is connected to your bank account. When someone makes a payment to you, it can go directly to your PayPal account, where you can then transfer it into your bank account. You also have the option of allowing your buyers the option to pay by credit card, personal check or money order.

Now you will need to decide what you want to sell. This can be virtually anything. You can sell secondhand clothing that you find at garage sales. Perhaps you love to haunt the thrift stores for quirky little treasures. Books and movies also sell well on eBay, too. Whatever you want to sell will be up to you. Many people find that they can make good money selling items that they find on clearance at department stores. If you like to shop, then you can sell your finds on eBay.

When you get ready to sell your product, you will need to write your product description. This is where you must be as accurate as possible. Nothing will give you bad or negative feedback faster than inaccurately describing your products. Never list used items as new and if you have stains or tears in a shirt, make sure you note that. Also, take good digital pictures. When you sell on eBay, you can list one picture with your item description. Additional pictures cost you a small fee, but you will soon find that pictures are worth a thousand words. Buyers want to know exactly what they are buying.

Now that you know the basics of running a home based eBay business, you can start thinking about all the things you can sell. It is time to clean out the closest and dig through the attic. You never know what kind of money you might make off of ?junk? you have sitting around.