Monday, May 07, 2007

Why Use eBay? - By Aaron Bennett

I started using eBay a few years ago and have had many different accounts with them, I have been a power-seller and a full time buyer with eBay. This is not only the worlds #1 marketplace to find good deals, but you can make a nice second (or if you are good) a full time income selling things from home. eBay is like a massive flea market, but with a small twist, you come and look for what you are interested in buying and only bid or buy things that are suited to your needs, much like a flea market.

So, as my title here states, why eBay and not some other auction site? Well, here is the plain truth, eBay holds the eyes of millions of users for online auctioning, much like google does for the search engine, yahoo for mail accounts and myspace for finding friends... When you do a search for anything online, you go straight to google, it has set the standard for internet searching and gives you the best results. Yahoo is still #1 free mail provider and millions of people use their service including myself, I have 3 mail accounts on yahoo. Myspace has risin in the last few years as the place to go to make friends online... Folks, these services aren't going anywhere anytime soon, so you might as well be a part of them.

I have tried selling on yahoo and other auction sites, but they cannot compete with ebay, yes the fees are starting to get out of control (and personally I think the owner needs to stop before he really screws things up), but all in all, this is the site anyone who is anyone comes to to buy or sell things online, this is THE site to make your online business start. Anyone can sell on ebay and if you have the knowledge, you can make a good living on it if you play your cards right.

Selling on eBay can be a total pain in the arse if you don't know what to do or are just starting out. If you are worried about people not bidding because you have a low score, get some feedback first buy buying things, get your feedback up to about 20 or so then start selling. It's not hard to make money online using eBay, but beware of the selling fees, they can kill your business, that is why you see outrageous shipping charges, these sellers want to cover their fees. I cannot complain about someone charging $3 to ship a CD because I have been there and know EXACTLY why they charge that amount.

eBay will charge you a minimum of $0.20 to list an item (as of now), then add a final value fee (about 3%).. Oh, ON TOP OF THAT... another 3% from any paypal transactions, which by the way, is also owned by ebay.. so they are taking a minimum of 6% of your sales plus a fee just to list it whether it sells or not. So, basically I am saying if you are wanting to sell on eBay, make sure you are ready to take the losses with the profits, running a business on eBay is not as easy as most people think. It is very frustrating and time consuming.

A lot of people think eBay sellers are lazy and I have to disagree whole-heartedly because I have done it and it it not as easy as it seems. You have to collect your money and make labels, whether it be a profit or loss, then package up the product and head to the post office with an arm-load of merchandise and hope they get it to the buyer (yes, I've had people steal my products from the mail and it was probably a crooked mail-man, then here comes a big refund to 15 or 20 people...). So yes eBay has it's ups and downs, but you can make some extra income selling items you pick up at a yard sale for twenty five cents and resell it for $5...

All in all, I do not hate eBay, but I wish the fees were not so high, being charged 25-35 cents an item does get expensive if the items do not sell, then relisting them cost you another fee (unless it sells the second time, which is just another way to bribe you into relisting it), I do not like the new owner of eBay, that is a fact, he is scamming sellers left and right, but all in all it is a good site to make money from if you know how...

If you want to reprint this article, please feel free to do so, I just ask you keep this signature with it and this link to Wholesale Information along, this site has all the wholesale and drop shipper sources you will ever need to find if you are an eBay seller.