Some Information You Need to know Before You Start Selling on eBay.

So you have made a decision that you want to sell things on eBay. There are some things that you should know before you decide to go and throw yourself in at the deep end.

What to Sell.

First off, you have to know what it is you are going to sell: what’s your speciality? You will do much better on eBay if you become an excellent supply for a particular kind of item, as those people who are keen on those products will come back to you over and over. You won’t get any kind of respect or genuine reputation when you simply sell rubbish at random.

When you think about what to sell, there are a few things to consider. The most crucial of these is to always sell what you know. If you try to sell something that you just don’t know anything about you’ll never create a good description and sell it for a good price.

You might think you just aren’t especially enthusiastic about anything at all, but if you think about what sort of things you typically purchase and which internet sites you check out quite often, I’m confident you will uncover some sort of interest. In case all else fails mention it to your friends and family: they’ll almost certainly say “Oh, well why don’t you sell…”, and you’ll slap your forehead.

Out of the stuff you understand enough about, you should then think about which items you might actually obtain for a good enough price to resell, and just how suitable they might be for posting. If you can find anything which you’re knowledgeable about and it is small and light enough for postage to be reasonably low-cost, then that’s great!

Don’t worry if you think the product you’re offering is just too obscure – it isn’t. There is a market for virtually anything on eBay, even stuff that probably would not sell once in a year when you stocked them in a store. You will most probably do even better if you fill a niche than if you sell something common.

Tax and Legal Issues.

When you earn enough money, you ought to know that you’re going to need to start paying tax – this will not done for you. If you decide to sell things on eBay on a full-time basis, you should probably register as a small business.

Prepare Yourself.

There will probably be good and bad days when you sell things on eBay. Don’t jack it in if something goes slightly wrong with your first few sales: the sellers who are successful on eBay are the ones who enjoy it, and stick at it no matter what.

Anyone can sell on eBay, when they have confidence in themselves – and if you do make the decision that it’s not for you, then your start-up costs are generally so small that you won’t actually have lost anything.