Tuesday, 10 October 2017

10 Tips for selling on eBay

Back in 2001, guided by D, I set up my eBay account. I didn't have a clue what I was doing with it and he had to talk me through how to use it. Fast forward 16 years (SIXTEEN?!) and I'd like to think I'm now a dab hand at it with both buying and selling.  

These days you would be hard pushed to find anyone that didn't know what eBay was but you might not know how to make the best of it. Having spent a chunk of my time recently organising items to sell, I thought I'd share with you some of my tips for selling on eBay.  

1 -  Having a sort out?  You can sell pretty much anything on eBay, new items, particularly those still in the packaging, often do well. So do branded goods.  Over the years I've mostly sold and purchased clothes and shoes - you'd be surprised at what people will buy. Something I might think of as being old and possibly a bit faded has gone better than anticipated. 

2 - Before attempting to sell, try to build up your feedback. I cannot stress this enough!! People are likelier to buy from sellers with feedback than without. I know that I avoid anyone with feedback under 50 as I like to be able to see they have a good amount of feedback showing them as a trustworthy buyer or seller.   

3 - Take time to research the items you want to sell. Check listings to see the key words being used and the price similar items are going for.

4 - Confused by all of those abbreviations? Here's a quick run down:

BNWT - brand new without tags
NWT - new without tags
BNIB - brand new in box
NR - no reserve
VTG - vintage
VGC - very good condition
BIN - buy it now

5 - Help keep your costs down by taking of free listings.  You can list 20 items per month for free and pay 10% of the selling price. 

6 - I would always recommend using PayPal for payment. It saves the hassle of having to go to the bank to cash in cheques and is quick and simple to use.  It is, however, worth remembering that PayPal takes 3.4% plus 20p per transaction.  Letting a buyer collect from your home? Cash is probably a better option and will save on fees.

7 - Take the time to write a good description. Try to include the brand, condition, the specifications, model, size, dimensions, colour and anything else that is relevant.   When I first started selling, I sold some belts and learnt the hard way after receiving a number of questions asking for the length, how many button holes, the size of the buckle and so on. Ensure you are as honest as possible so that buyers know exactly what to expect.

8 - And on that note, make sure to take good, clear photos to include in the listing. Take close ups of anything detailed (eg a pattern) or imperfections.  

9 - Depending on what it is you are selling, start your price low to entice more buyers. Just remember this doesn't always work and the item might sell for a lower price than you hoped for.  If its a specialist item, its worth trying to go for a higher price, especially if the item is harder to get hold.  

10 - Finally, try to avoid auctions ending in the early hours. You want people to see the auction is ending soon and hopefully panic bid!  Try to end listings on a Sunday as that seems to be when eBay is at its busiest.  

Are there any tips you would add to my list?  Pop them in the comments below!


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