eBay Sales 101 - By Mark Justice
For years now, everyone has talked about eBay and the possibilities of getting rich from sales on the auction site. However, you never believe such stories quickly, and now that it’s been going strong for so long, you have finally thought about jumping on board. Yet, you know absolutely nothing about how the site actually functions. You can’t begin to imagine selling items on the Internet and having strangers pay you through an online service. How does it all work?
First of all, eBay requires all users to register. As purchases are completed, members become “verified” and receive feedback from other buyers and sellers regarding their satisfaction with the transaction. You can read through any member’s feedback or view a percentage of satisfied customers for anyone prior to engaging in your transaction.
Basically, eBay allows people wishing to dispense with items or sell merchandise to reap the greatest possible benefit by offering the entire nation (and even many in international locations) to bid on the item for sale, just as they would at a physical auction. At the same time, buyers can review an item and decide themselves how much they are willing to pay to purchase the item. A buyer will set their own price (which must at least meet the minimum request set by the seller), and the highest bidder wins the item.
Several payment options are available; money orders are accepted by most eBay sellers, and some will accept personal and cashier’s checks. However, the preferred method of payment by most is eBay’s PayPal service. This allows individuals to pay either by credit or debit, or by electronic check. The money is deposited into the seller’s “account”, and it can either be used to pay for eBay fees and other merchandise, or a PayPal debit card can be issued so that the money can be used anywhere that major credit cards are accepted.
The eBay auction site is a great place for people to interact, as long as purchasers are willing to wait for the items to ship to them. Great discounts can be found, and many collectibles, antiques, and hard to find items are also available on eBay. It can also be a great source of income for sellers, supplementing a regular career or even becoming a career itself. Using eBay is easy, and with a little practice, you can become an expert at the process.
Mark Justice has developed many websites over the years in many different business areas. He has a free Blog on eBay Sales. Visit his blog at: http://05mj.blogspot.com