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Making a Living on eBay
Old 09-05-2012, 12:02 AM Re: Making a Living on eBay
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Ebay is so extremely competitive I have been searching for quite awhile to find products to sell on ebay that are unique and have a worthwhile profit margin.I will check out your guide.
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Old 09-16-2012, 02:29 AM Re: Making a Living on eBay
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I think the days of starting up selling products on ebay and making a living have long gone.
That bus went buy 5 years ago.

Everyone wants to sell or make money on the internet.
But someone/somebody has to be paying or buying!
Economics 101
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Old 10-31-2012, 11:38 AM Re: Making a Living on eBay
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There are many other sites for buying and selling products but ebay is still on top as people trust this site. You can actually search what you are looking for and it is safe too.
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Old 11-02-2012, 02:02 AM Re: Making a Living on eBay
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I came across this thread after searching for a way to .csv import items into Prestashop, that should give you some kind of indication of how things are.

It's extremely hard for new people to jump on eBay and start making money. Trial and Error is a huge part of a starting phase of any business, and eBay does not allow it. Accidently send three people the wrong items within your first 3 months because PayPal Multiorder shipping confused the postage label addresses of your customers? You're screwed. A customer orders a size 3 shoe that is too large for their child and just gives you bad feedback because they don't know how the feedback system works? You're screwed. I could probably name a thousand examples.

First off, eBay doesn't want to be the Flea Market of the internet anymore, they want to be Amazon. The CEO has clearly said this. This is why new sellers struggle their first 6 months because new sellers can only sell 10 items a month, and then maybe 25, and then maybe 100 - which is where Most of eBay users are limited to. Even people that have been on eBay since 1999.

eBay, as of right now, is All about Volume. There are very few things you can sell on there for a really good profit. If you find something with a great profit, chances are you might only sell this item once a month. I follow the 80-20 rule with eBay, where 80% of my items are items that sell fast but offer a low profit 20% of my items are what I call "Perceived Value" which means that I either have no competition and set the price to whatever I want, or are simply items that are high profit, low volume. My 80% is what carries my business and what made me a millionaire, it's the 20% that allowed me to grow my 80% and become even more profitable. This might be hard to understand, so I'll put it like this:

Hello Kitty Earbud HeadPhones sell for 2.49, which nets me .35 cents after its all said and done. But, I sell 10 of these a day, which is 300 a month. This is $105.

Apple iPod Fitness Band sell for 3.26, which nets me .29 cents. I sell 130 of these a month. This is $37.70 a month.

So now I've made $105 + $37 = $142 - I take 10% of this which is $14.2 and pay overhead expenses and myself, and the rest I can use to invest in a couple more items that might have a profit of $50 per item, but only sells once a month with little to no competition.

So, from these two examples you see that how important volume is. Sure getting on there and selling an item once a month for a $50 profit is great, it's not reliable. Competition swoops in, and next thing you know you've invested $5,000 in inventory of these items thinking you were going to turn that 5k into 15k, and now you are selling them just to get rid of them and only getting back half of what you spent.
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Old 11-12-2012, 12:25 PM Re: Making a Living on eBay
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I called it Feebay not eBay.They will charge every step to your card.So I don't use eBay.Contrary they have big competition.
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Old 12-19-2012, 03:50 AM Re: Making a Living on eBay
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Ebay is a waste. Maybe you could make money back in 1998, but then again I could build myself a time machine and meet up with Larry Page and become his best friend. You are better off not bothering with mass sites, and let Chinese sellers sell their Chinese garbage.
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Old 12-20-2012, 10:12 AM Re: Making a Living on eBay
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but then again I could build myself a time machine
Or just buy one

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Old 12-24-2012, 11:19 PM Re: Making a Living on eBay
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I still make a great deal of my annual income selling refurbished/niche musical equipment (valued at $2000 an item in good/great condition) off eBay.
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Old 03-08-2013, 07:43 AM Re: Making a Living on eBay
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I tried the ebay before,it does not work for me. I think if you have your own product, create your own website and use ebay & Amazon as well.
This way you can sell your product at big platform.
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Old 05-05-2013, 09:21 PM Re: Making a Living on eBay
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There are so many listings it's hard to get found. We have a patented product that sells well elsewhere but hasn't gone as well in the USA. It's a modular wine rack (Removed) but there are so many listings (junk mostly) when you search for wine racks.
Sold one container load so far.

Last edited by Giselle; 05-05-2013 at 11:46 PM..
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Old 05-25-2013, 06:24 AM Re: Making a Living on eBay
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I did quite well on e-bay when I started, but was scared off by the horror stores of accounts being shut down suddenly without notice. A friend of mine just had his account shut down, so they are more than just rumors, he was making about $60k a year.

The secret to e-bay is unique products people want, and then charging enough to pay for all the fees. If your going to sell generic stuff that people could buy from others, you probably will not make enough profit to survive.

Ebay apparently just got a big boost with Penguin 2.0, I can not verify this or that it is long term, but that is one thing Ebay always has going for it....huge traffic.
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Old 05-25-2013, 08:52 AM Re: Making a Living on eBay
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The secret to e-bay is unique products people want, and then charging enough to pay for all the fees. If your going to sell generic stuff that people could buy from others, you probably will not make enough profit to survive.
The "secret" to any kind of retail business really, but people still think that Internet trading is a bit like being the only "brown shoe shop" in town so everybody in town buys their brown shoes there. They fail to grasp that on the Internet they are just one among hundreds of 'shoe shops' selling every kind, every size and every colour of shoes, so people have absolutely no need at all to buy shoes from their particular shop.
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