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How do you make money on Ebay?

November 26th, 2012 Leave a comment Go to comments

Yeah, I know you sell items and hopefully make a profit. However, I was looking for more information on legitimate wholesalers, if it’s smart to only use dropshipping wholesalers, or to just drive around and hopefully find goods that are popular on sale or clearance and resell them using ebay.

Thanks so much, just trying to get started.

It is difficult to make any money by buying wholesale and reselling on eBay because so many other people are already buying things from the same wholesalers. It is very competitive so you have to keep your prices low to sell so there is usually a very low profit margin on each item sold.

Drop shippers can be kind of scary because you have no control. You can’t see the product before it is shipped and you need to depend on them to ship the item promptly. If things ship slow or arrive damaged it hurts your seller feedback and you get negatives. It can also be a mess to deal with returns of damaged items since you have to deal with the drop shipper. I have used a few drop shippers, but only those that I have tested several times by making purchases and have the items shipped to me to make sure they are dependable.

People who make the most on eBay are the ones who search estate sales, garage sales, swap meets, liquidators, quitting business sales, Craig’s list, etc. for items that are being sold at well below their value and re-sell them. Of course you need to become knowledgeable about the value of the items you see and spend most of your spare time looking for items to sell.

  1. Raven
    November 26th, 2012 at 10:12 | #1

    It is difficult to make any money by buying wholesale and reselling on eBay because so many other people are already buying things from the same wholesalers. It is very competitive so you have to keep your prices low to sell so there is usually a very low profit margin on each item sold.

    Drop shippers can be kind of scary because you have no control. You can’t see the product before it is shipped and you need to depend on them to ship the item promptly. If things ship slow or arrive damaged it hurts your seller feedback and you get negatives. It can also be a mess to deal with returns of damaged items since you have to deal with the drop shipper. I have used a few drop shippers, but only those that I have tested several times by making purchases and have the items shipped to me to make sure they are dependable.

    People who make the most on eBay are the ones who search estate sales, garage sales, swap meets, liquidators, quitting business sales, Craig’s list, etc. for items that are being sold at well below their value and re-sell them. Of course you need to become knowledgeable about the value of the items you see and spend most of your spare time looking for items to sell.
    References :

  2. Khan
  3. Mike Tyson
    November 26th, 2012 at 10:40 | #3

    I use a simple methods, I buy low price goods and sell that goods as high price, this is my favorite idea making money from eBay. If you are searching for more information to sell on ebay, you may visit my website. Here you will find some helpful information related ebay on ebay section.
    References :
    http://www.makemoneyfreemoney.com/

  4. Robbie
    November 26th, 2012 at 10:57 | #4

    I have never tried dropshipping, but you have to be careful and pick a good one if you do. If the dropshipper does something wrong with the order, you will receive the negative feedback on ebay.
    References :

  5. John
    November 26th, 2012 at 11:26 | #5

    if you use a dropshipper or an online wholesaler really do your homework, some of them can be scams. maybe you could find a wholesale warehouse in your area or think of a specific thing you’d like to specialize in (specialty stores often do better in the long run) and then try to wholesalers that cater to that.

    you could also go to flea markets,yard sales, and thrift stores to find deals, if you specialize learn all you can about your trade so you can spot a really good deal when you see one, an antique or a rare video game for example.

    if you’re crafty you could also make products and sell them. as well as selling them on sites like etsy.com which is much cheaper to list than ebay. the sky is the limit.

    good luck!
    References :
    http://www.mycashsos.com/

  6. Sam
    November 26th, 2012 at 11:41 | #6

    Hello,

    Good wholesale suppliers can be very hard to find, this site has quite a big list at only a small fee!!
    http://www.worldscheapestwholesale.com/

    I think it would be quite time consuming driving around to find sales in shops, plus i don’t think you would find products cheap enough to make it worth your while or any profit.

    A lot of sellers are leaving ebay now as you get charged for all sorts, they may only be small fees but they do add up, these include;
    – Listing fee, the more you put into your ad to stand out the more they will charge plus if you are selling fairly expensive items this also ups the price
    – Final value fee
    – Paypal fee (85% of buyers will use paypal and they take a charge as well)
    – Postage costs (majority of sellers are doing postage for free, again just to try and stand out)

    I was a big Ebay seller I had my own shop and everything but they have really changed it, even the search criteria for Ebay isn’t as good. They are including lots of big outlets stores now which does not help the independent seller.

    I had to find something else as my store sales were decreasing very suddenly and I found a great way for a whole new business for myself working from home. It does take a bit of time and effort but the results have already paid off for me after a few short weeks! http://www.lifeincomestream.ws

    This is just my opinion, you never know until you try but just do as much research as you can.

    Good Luck! If you want any more advise on other way to make money send me message.

    I have a lot of experience with trying to make money online anything I advise is not a scam I have been ripped off way to many times myself!
    References :

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