How to make money selling your products on eBay and create a profitable online business? step by step guide

The virtual markets have become the main form of do business online and project, globally, to small entrepreneurs and large transnationals. The best thing is that trading can prosper even if you don’t have enough experience at first.

One of the first platforms that made its appearance to carry out auctions and electronic commerce was eBaywhich allows buy and sell either with the mobile application or from the web browserwith strong security policies that protect both sellers and buyers.

If you want to start working with eBay, here is a complete guide for you to earn money quickly. Starting with the requirements to create a store, what are the sales commissions, the steps you must take to configure your profile and the different ways that exist to do business online.

How much money can you make on eBay?

There are many people who manage to earn money from the Internet with eBay selling new or second-hand items. The eBay company also has an affiliate program in which you can receive from 10 to 24 Euros for each user who registers with your link. Another option you have is to import products, bringing them from one country to another, earning good commissions for sales. Nevertheless, the final fee you can earn on eBay will depend on the items you sell within the platform.

You must work consistently learn from mistakes and create a different strategy for each sale, because there are thousands of products posted on the site. You have to earn a good reputation, as you level up, the options to generate money are greater. In the low category you can earn up to 3,000 euros per month and at the highest the number goes up a lot, which is the one used by large companies and recognized entrepreneurs who have been in business for years.

Requirements to create an official store on Ebay

The 10 million visitors per month and the thousands of transactions that take place every day make eBay one of the leaders in online sales.

If you want to know how to create a store to start selling on this platform, here are the requirements you must meet:

• Sign up on eBay page signup.ebay.com.
• Have a bank account linked to receive payments from buyers or a paypal wallet.
• Choose an account type based on your needs and products you want to offer.
• Customize the store giving it a personalized look with the best marketing tools.

eBay fees How do your commissions work?

this platform suits all types of vendorswhether professional or private.

Of course, each one has a fee when it comes to commissions:

• Private sales: a total of 10% of each finalized transaction.
• For ads: the first 50 of each month are free, then you must cancel 0.35 euros.
• Basic tent: a monthly payment of 19.95 euros is made with a maximum of 100 free ads per month. From that amount onwards, 0.35 euros are canceled at auction and 0.15 euros for conventional sales.

Learn how to make money on Ebay step by step

If you don’t have experience with electronic commerce, but want to get started in it, here are the steps you must take to create your account on Ebay and leave it fully configured to start earning money as quickly as possible.

Go for it:

Register

The initial step to start selling is create an eBay accountfor which you must have an email, although you can also you can do it with a Facebook profile.

In both cases the procedure is as follows:

• Enter the page register signup.ebay.com and put the first name, last name, email address and password.
• You accept the conditions of service and finally click on “Sign up”.
• On the right side of the registration page, you have the option to continue with Google, Facebook, or Apple.
• If you choose any of these three optionsyou need to authorize eBay to access your public profile.
• Confirm the account that you are going to use and at the end click on “Sign up”.

configure profile

If you want make any changes to the account created or update your profileyou can do it at any time.

To do this, do the following:

• After logging in, go to the upper left corner where your name appears.
• Clicking the down arrow brings up the option “Account settings”.
• A window opens in which you must search for the data that you want to modify or add to your profile.
• The section appears “Personal data and security” in which you can edit what you consider pertinent.
• If you wish change password, it is also possible to do it from there.

Set up payments

One of the purposes for which you created the eBay account, is to receive payments for the products you manage to sell. To do this, you must make the respective configuration in your profile.

It is as simple as doing the following:

• After enter your profilelook in the upper left corner for “Account settings”.
• In the new tab, look for the section “Payment Information”.
• You have two alternatives, “Payments” and “PayPal Account”.
• In “Payment options” you are going to add a bank account.

Post your first products

After created and configured the account with all the options, It’s time to put it to use. you owe have the product or products that you are going to offer along with the price that you will place on it.

Then focus on those steps:

• Within your account, at the top right look for the function “Sell”.
• When you click, the option appears “Sell an item.”
• Select a categorywhich will allow your ad to be more visible in searches.
• You can modify this category later by clicking on “Change”.
• To finish, click on “Create ad” and so you will have your first publication ready.
• In the ad, you must insert an appropriate title and make use of keywords related to it.
• Attach a photograph and provides data on the conditions of the product, as well as whether it is new or used.
• You must also specify if you will have a sale or an auctionalthough you can do a combination of both.
• Later, you are going to select the type of shipment and the payment method.
• Before finishing, check that your ad looks good and that you like its design.

All the ways to make money on eBay

Surely, You already want to know what are the possibilities of earning money that you have on Ebay to start taking advantage of the account as quickly as possible.

The following list contains five recommendations for you to make your sales, with or without capital:

With Dropshipping

If the expression doesn’t sound familiar to you, Keep in mind the following definition: drop shipping it is based on selling a product that is not yours but from a wholesaler, so you offer the merchandise and when an interested party acquires it, the order goes directly to the other company who makes the proper dispatch. So immediately you have a profit for the transaction made.

It can be done both nationally and internationally. Perhaps you know of small businesses, factories or artisans who do not have an eBay profile but produce high quality items. It’s just a matter of getting in touch and agreeing on a commission. your task is sell the product without mentioning the company name. In neither case do you need capital to work.

Selling your own products

Yes there are articles that you produce yourself and want the world to know, the best option is to place them in your eBay online store. These can include craft designs, courses, tutorials, e-books, clothing, goldsmithing and much more. Set a price that is consistent and competitive to display them on the web. Also, it is advisable to know what are the products and categories that people are looking for the most on eBayso you know what level of interest your post will arouse.

affiliate marketing

The affiliate program allows you to earn passive money by attracting visitors to your website and earn commissions for the purchases they make by clicking on your links. The main thing is submit a request to eBay Partner Network, using your account on the platform. There you must select what type of partner you are going to be, with the option to mark several options at once.

You will make the choice taking into account the theme of your website so that it works properly. To obtain the income, you must configure the payment data and accumulate ten coins of the format you have chosen. Your commissions will arrive the first 10 days of each month.

selling energy

The sellers of energy or power are an elite group of eBay vendors who get special privileges. Among the requirements that must be met are having sales equal to or greater than €3,000 for 12 months, 9 months as a member of the platform and that at least 98% of the comments received are positive.

SoeBay will give you a special logo that will be reflected in your profile, which will give you greater reputation and confidence in front of potential clients. In addition, you will have the right to special discounts, protection against non-canceled items, discounts on the final price at the time of purchase and customer service.

eBay Consultant

There are people that they have no knowledge of how eBay works, but they want to sell their products themselves, without an intermediary. If you have enough experience in managing the platform, you can charge for teaching a course or teach how to make the first sale and create ads that are attractive to the type of market you want to attack.

This is how you will become an eBay consultant, generating income independently for each person you manage to train. You may promote your services on social networks, on your website or on a third party blogso whoever is interested will contact you.

Learn how to manage a sale on eBay

Already you posted your eBay listing, description and photos that you used caught the attention of a user so he gave him the option to buy. What are the steps to take to manage your first sale on eBay?

Here is the procedure you must follow to start earning reputation and earning your first income:

Get in touch with your buyer

Whether you have held an auction or through direct purchase it is important that you contact your buyer as quickly as possible. When activating the function “Order online” the other person will receive your contact details.

You need to confirm the final pricethe taxes to be paid if applicable, the type of shipment and the expenses involved, the estimated date on which the product will arrive, the means of payment that you have available and the tracking number to know the status of your purchase. While The more you expedite the process, the more reputation you will gain for being a good seller. It will help you gain a foothold on eBay.

Check the payment

Before shipping your product, It is important that you confirm in your bank account that you received the payment from your buyer. In most cases these arrive on time, as users know that their ratings will be accurate if they keep their end of the bargain. If it takes time to arrive, it is advisable to send a reminder.

If they don’t pay you the money, try your best to settle the case with your buyer, before going to eBay Resolution Centerwhich is the arbitrator on the part of the company to resolve any issues between sellers and buyers.

Ship the product

Checking the account and seeing that you received the payment from the buyer, ship the item in accordance with the agreement reached. Pack it safely so that it arrives in the same condition as it is leaving your hands. If you don’t take too long, you will have a satisfied customer who will surely give you a good rating.

On the page you can create a shipping form with your delivery note. Once you send it Give the buyer the tracking number provided by the company with which you made the parcel, which will protect you in case of a claim.

Evaluate the transaction and pay the commission

As a seller it is important that you leave a comment on the behavior of your buyer, that will give you reputation for future sales. But it also gives a reliable, professional, serious and grateful image. The last step to complete the transaction is pay the commission that corresponds to eBay for the sale made. If you do it on time, you will establish yourself as a trustworthy seller, which will give you points and status.

Every time you make sales, your business will grow and ads will appear in better locations. Work hard on building your niche, serving your customers in a friendly way to become an exemplary seller and start making big money on eBay.