Turning An EBAY Buyer Into An EBAY Seller

I am not what you would call a ‘Power Seller’ on eBay.  And by ‘Power Seller’, I mean someone who sells daily or even a few times a week; someone who is making at least a partial income from the work and time they invest in selling on the site.

I know a few of these people.  One of them is Tristen O’Brien… he has given me tips in the past intended not only to improve my selling, but also to allow me to share his knowledge with you. If you want to make money on eBay and you are willing to truly invest time and energy, Tristen is your guy.

But, here’s what I have learned during my time as a member of eBay’s Parent Panel…. eBay is different things to different people.

When I ask on Twitter or Facebook:

I’m inundated with people who say ‘YES!!’ But the largest percentage of them are BUYERS, not sellers.

They love not paying full price, discovering the ‘impossible-to-find’ items and having things sent right to their door.

When I follow up to ask about selling, I hear a familiar refrain.

Many aren’t selling at all.  And for those who are, the complaints are the ones I heard as I sat having dinner with a good friend recently.  It was that conversation that inspired this post.  (As well as a conversation I had with myself when I stopped selling years ago)

Here’s the thing… this list of complaints is exactly what came from my mouth before I began to work with eBay.  I could have been the one complaining to my friend instead of the other way around.  So, I wanted to explain to you how I have overcome the biggest complaints about selling and actually made money (remember: not POWER SELLER money, but money to save for vacation, for kid’s sporting events, for the ‘extras’ in life.)

1) I don’t know what to sell.

Dim the lights – there is a confession coming.  I initially had no idea what to sell either.  But as it turns out, this is one of the easiest challenges to rectify.  1) eBay has created the Selling Inspiration House.  You can virtually go room by room throughout your ‘home’ to see what the best selling items are – in the kitchen, the bedroom, the kid’s room and your office.  It will get you started and provide some inspiration.  Keep in mind, as well, if you are a buyer, what types of items do YOU look for?  Let those be your guide? And finally,  you can look up items on line that you are considering selling to see what current price they are fetching.

2) It is too much work to do it all.

This is, in part true.  Initially, there is work.  You do need to do some research.  This was probably my biggest mistake.  I didn’t spend enough time determining the best time or day to list, which items might really sell and which wouldn’t. I suggest you start working with the Quick Start Guide.   This explains how you will list your item, sell it, ship it AND, get paid.  You should start small – don’t choose the items you are most excited to sell – the one you hope will bring in the most money.  Also, plan to sell a variety of items so you can see what works.

3) Shipping is Complicated.

Ultimately, this was the reason I stopped selling on eBay years ago, but so much has changed.  There is actually a Seller Information Center on eBay and they have a section dedicated to Shipping.  Now, I told you, I’m never going to be a Power Seller, which means I keep the shipping simple.  I don’t ship huge items and I choose not to mess with anything internationally – it just feels too complicated to me (though I do know people who have had amazing success selling unusual items to overseas sellers – and these items weren’t big ‘selling’ items in the U.S.)

4) Sellers fees are expensive.

If you don’t read the rules of engagement, this will come as a shock to you.  The very first time I sold an item, I was definitely surprised to see the fees pile up – from the sale itself, from the ‘business’ and, of course from shipping.  I wil get to that in a moment. But it is important to understand WHAT you will be charged as well as understanding how to save.  The first 50 auction items you list every month are free. Also, as of June, the first 12 pictures you list with an item are FREE.  So much of this is about understanding the process.

And The truth is, I have found it to be a matter of ‘just getting started’.  As with anything, the unknown can seem frightening – especially when you are concerned it may take up too much time and NOT make you monety.  But the good news is, if you are willing to invest a little time – the time you need to FIND what you need to sell, some time to do a LITTLE research, and the time it takes you to upload it all – you should be on a roll! .

Disclosure: I am working with ebay on their ebay Parent Panel and am compensated as such.  As you know by now…. all opinions shared by me on this site are my own.


5 Reasons eBay is Better Than A Garage Sale

Every single time I have ever comitted myself to a garage sale, I have finished it feeling violated.  Defeated.

And with a promise to never, ever put myself in that position again.

Yet, here I was.  On a blistering hot, record-breaking June weekend in the Midwest, watching people mill about, fondling items that used to be in my home – some former treasures, some brand-new-still-in-thebox.

And I was reminded anew.

Ebay.

Ahhh yes – what was I thinking?  So, I put together this quick-reference, handy list lest you find yourself pondering the garage sale route.

5 Reasons eBay is Better Than A Garage Sale

1) You don’t have to brave the weather 

At 7pm, as I was setting up for our garage sale on a Friday night, it was 102 degrees.  Let’s be clear…. that is miserable.  Sure, people wandered by as I was getting things situated, but they were sweating, I was sweating.  It wasn’t fun. At 8am on Saturday morning, it was equally as sweltering – AND – YEAH!!!  The sun was actually shining IN to the garage.  I have also worn gloves and down coats during garage sales.  The weather is unpredictable and can affect your turnout.

2) Negotiating -on eBay you just don’t have to deal with someone offering you $1 for THREE articles of kid’s clothing when you were only asking for $1 each

When you post an item on eBay – you aren’t faced with the repetive insult of one person after another trying to cut your price in half.  Yes, someone may message you to ask if you would be willing to take a little less, but a) not on EVERY item and b) you aren’t faced with one attempt after another to cut every price in half to save $1

3) Manual Labor

On eBay there is no lugging of boxes, setting up of tables, or making sure that your items are displayed ‘just right’.  And when it is all over – there is no decision to be made: should you donate it?  Try to sell it somewhere else?  Should you have let that woman have it for 50 cents instead of $3?  And now you have to pack up all of the remaining items and DO WHAT with them?

4) Fair Market Value 

On eBay you have the benefit of searching for similar items.  You can see if that watch, that toy or that jacket have recently sold and what they are going for. And when you list yours, you can reasonably expect to be in the same range. Not so much at the garage sale.  Anything listed above $4 is considered highway robbery.  Expecting $2 for an article of designer clothing is ‘absurd’ – and even the people who *might* have considered purchasing from you will walk out if you offend their ‘garage sale’ sensiblities.

5) Time investment

Consider the hours culling through your home, lugging everything outside, setting it up, sitting while strangers lift and sift, barter and dig through their coin purses.  And then the mental effort you invest into the ‘no, of course, I don’t want to give that to you for $1!!….. but I really don’t want to pack it up again, so I guess *shrugs*….ok….$1 is fine”.  And I haven’t even touched on the packing up of everything that DOESN’T sell…..

And on eBay, I can list in minutes on the mobile app?  MINUTES?  Is there even a contest?

To be clear… yes, I am aware that eBay has fees and some garage sales don’t (but did you advertise? *fee*).  I’m also aware I have to ship and head to the post office.  Yes, that takes time out of my day, but hopefully, I planned well and can be shipping multiple items at the same time maximizing my trip and time investment.

Overall – the time, physical and mental energy invested in a garage sale isn’t worth it.  In fact, it is exhausting – compared to the minutes you spend listing things on eBay and walking away.  If something doesn’t sell, you don’t pay – AND, I simply plan to list (and hopefully sell) items around the same time so trips to the post office all coincide.

Happy Selling.

Disclosure: I am working with ebay on their ebay Parent Panel and am compensated as such.  As you know by now…. all opinions shared by me on this site are my own.

 

Make Your Summer Fun With EBay – Win a $100 Gift Card

My small people are officially out of school for summer vacation.  And they don’t go back for almost 90 days.  YES, NINETY!  Do you remember that feeling?  When Summer stretched out in front of you like one long, lazy day… full of sunshine and endless possibilities?

For me, it means no alarm clock, no school lunches, lots of pool time, a new summer wardrobe (gosh – those kids keep growing!) a few family vacations and a new idea I’ve stolen from a good friend – a series of day ‘field trips’ around St. Louis to keep everyone on their toes. There will be a lot of time spent in our car.

I’m excited about the freedom and THRILLED about the memories I know we will create, but I also wanted to come up with a way to fund these extra plans since I knew they were just that – extra.  You’ve heard me talk about ebay as a way to ‘find’ money at home and that’s just what I’m doing.  Maxi dresses I won’t wear anymore?  Electronics the kids have outgrown? Those winter coats I KNOW we won’t wear again?  All making their way to eBay.  My goal is to make $500 by the end of July.

What is on your family’s agenda?  A road trip?  A STAY-cation? A trip to the beach? Summer Camp? Do your small people need new pool gear? Start looking around your own home for the unused items that could finance all the things you want to do with your family. If you are stuck…can’t figure out what to sell…. head to eBay’s Selling Inspiration House for ideas.

To help you on your way, I would like to give one of you the opportunity to win a $100 eBay gift card.

Here’s how to enter:

  • You MUST include your eBay User ID in your entries
  • Tell me about an item you have recently sold/are about to sell OR
  • Share a story about an item you have purchased on eBay OR
  • Share your family summer goal and how you plan to reach it with eBay
  • For ADDITIONAL entries, you can
  • ‘Like’ eBay on Facebook (you must come back and post it in the comments – include your ID)
  • Follow eBay on Twitter @ebay (you must come back and post it in the comments – include your ID)

DON’T FORGET YOUR eBay User ID WHEN YOU ENTER!

Good luck and have fun!  Cannot wait to hear what treasures you have found in your home (and how close it is getting you to your family summer goals.)

No purchase necessary to enter. The ‘Make Your Summer Fun With EBay” Giveaway will fun begins on Saturday, May 19th, 2012 and ends on Saturday, June 9th, 2012 at 11.59pm CST. ExtraordinaryMommy.com is not responsible for prizes that are shipped from outside vendors or sponsors. All entries will be pooled together and one (1) winner will be chosen using Random.org. The winner will have three calendar days to reply via email. Unclaimed prizes will be placed for availability to newly chosen winners after that time. Giveaway is open to all U.S. residents only, must be at least 18 years old to enter.  Relatives and employees of ExtraordinaryMommy and 330Media are not eligible to participate. Entries that do not follow all of the entry requirements will not be considered.

Disclosure: I am working with eBay on their eBay Parent Panel and am compensated as such.  As you know by now…. all opinions shared by me on this site are my own.

 

 

 

EBay Sellers Can Include Pictures For Free

As I’ve told you before, I’m not big into resolutions for the ‘new year’…. but there are a few things that have been making me a touch crazy.  You know… the things that have been keeping me from being my very best me?

I’m not organized.

And….

We have too much stuff.

I have a room dedicated to the ‘what should I do with that?” coupled with the “I’m not sure I can part with that just yet”.  But I’m making progress.  I’ve been sorting through it all…. putting it into piles of ‘donate’ and ‘sell’.  It is amazing to see just how much ‘money’ we have just sitting on shelves and underneath beds.

As I’ve explained to you before, I’ve renewed my relationship with eBay.  I played around with eBay years ago and found I couldn’t master it for a few reasons: 1) I didn’t take the time to understand the process 2) I always miscalculated shipping and 3) I spent more than I made in listings. (think pictures)

NOTE THE PICTURES DOWN HERE ON THE LEFT!

But things have changed around ebay.  And a lot of the credit goes to how they are changing their relationships with people like me who list items from around their home – the ‘casual’ seller.  They are taking the mystery out of the process. The newest change tackles my number 3 challenge: As of July 2, 2012,  we will be able to include 12 PHOTOS FOR FREE for every eBay listing, using eBay picture posting. This is fabulous – now sellers can make sure their listings have their best face forward and you and I both know buyers are more likely to make faster decisions when listings have more photos. The more you show, the more you sell.

 

 

 

 

 

 

Take, for example, my desire to sell these shoes… one picture simply wouldn’t be enough.  But now that I will be able to put UP TO 12, I won’t hesitate to make sure all of the best angles are covered…. and that will mean a better sale for me.

(and in case you were wondering, that = more money)

Consider this….  if you are the kind of seller who typically lists 8 pictures on an Auction-type sale…. and you sell that item for about $60?  You will now save about 16%.  That is serious money in your pocket.

Disclosure: I am working with ebay on their ebay Parent Panel and am compensated as such.  As you know by now…. all opinions shared by me on this site are my own.

Also? In two weeks, I’ll be heading to eBay headquarters to as part of the panel… so if you have any questions you want me to ask or thoughts you want me to share, I’d love to hear them!

 

What’s Holding You Back on eBay?

I have stuff.  Some might call it clutter (ehem… my husband).  But it has finally occurred to me that my ‘stuff’ – you know the cameras, clothes, toys, books, bags and well, everything else is truly worth something. You might think I jest – that potentially, I don’t have quite so much clogging my closets and packing my shelves, but, in fact, I do.

A few years ago, I decided to use eBay to sell a few items.  I had moderate success with old bridal magazines and a few articles of clothing, but I couldn’t get a handle on the shipping.  I clearly remember one set of magazines COSTING me money to ship to a ‘seller’.  It was at that moment that I became an eBay ‘buyer’ instead.

But now, I’m back and I want to tell you what has changed for me. (Aside from my desire to clear my clutter and make money doing it!)

My eBay challenges were:

  • Deciding what was worth selling.
  • Setting the correct pricing.
  • And shipping.  Oh the shipping.

But now, things are a mite different.

EBay has a Learning Center, for buying, selling and increases your productivity….and if you are especially committed, you can actually take a class in your area through eBay University.

I decided to pretend I was completely new to the process and I read through eBay’s suggestions on Tips for Successful Selling, as well as the Shipping

The Solutions to my eBay Challenges:

  • Take the time to sort through my items, but don’t feel pressured to do it all at once.

*I took 30 minutes, scanned through one closet and started pulling items out.  I know I don’t have to list everything at once – I’m not in any hurry.

*This gave me an idea of what items were listed for within the last 15 days, whether they sold or not

This whole-pretending-I’m-new-again process took me 30 minutes.  (of learning)

And finally – I’m listening and learning to people who are having success….like other members of the eBay Parent Panel – Eric Payne specifically.  I love that he has set a goal of generating $500 of ‘fun money’.  I’m trying hard not to copy him.

So, my goal for now, is, as he suggests, to start slowly.

Disclosure: I am a member of the eBay Parent Panel and am working closely with eBay, however, all opinions and experiences shared are mine alone.

Finding the Hidden Cash in Your Home: ebay Style

I wouldn’t say I’m officially a ‘hoarder’…. definitely not by the scary examples you see on TV, but I have always had a hard time parting with things.  This makes me a great candidate for cleaning house and turning what might be considered my ‘trash’ into someone else’s treasure….

Let me explain.

With the holidays coming I have grand plans for us.  That’s you and me.

And, as much as I would like to say those plans include buying for me….like a little Kate Spade…. or some new wine glasses I understand we are  working on *selling* together.

And what fun will it be to have additional cash as look for presents this season.

Since we are getting started together – I’ll confess that I’ve only ever sold a few things – I’m a much more successful ebay BUYER than I have been a SELLER, but the goal here is for you and I to find the hidden cash that is sitting on our shelves, in our closets and under our beds – and better yet – how can we utilize ebay EASILY to make it happen.

Here is where to start:  the seller information page will give you basic information. Once we’ve done it a couple of times, I bet it will be easy. There is even a fashion selling guide if we want to start wtih clothes and accessories and need ideas.

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