How to make money on eBay is really quite simple. eBay has made this business model very easy, so easy that everyone can do it. The people that sell on eBay month after month has to have self-discipline and a determination to be successful.
You don’t need to pay for a domain name, web hosting, email service, or pay for ads. You can start making money with eBay without any out of pocket cost at all. You can list 50 items a month for free, you only pay a fee when you sell, and when you sell you make a profit.
You sell an item for $20.00
eBay’s fee = $2.00
Profit = $18.00 x 50 items per week = $900.00 x 4 weeks = $3,600 per month
Not bad for a few hours per week of work, if you even want to call it “work”.
Selling 50 items per week might sound like a large number, but that is only about 7 items a day. Your items are viewed 24 hours a day, 7 days a week, on the weekends and in the middle of the night.
This is a great additional mostly passive income that works for you around the clock. The worst business model is what most people work, trading time for money, if you don’t work, you don’t get paid.
You might be saying to yourself, but I don’t want to:
- Buy inventory
- Pack shipping boxes every day
- Drag them to the post office every day
This is where drop shipping comes into play, the best eBay business model there is. You list items for sale from the drop shipper’s website. But not just any products, here are the guidelines:
- Your cost is less than $5
- Not fragile
- Items that you can’t buy at your local store
- Items that are in high demand on eBay
When you place a listing on eBay, a pop up window appears, asking you to share the listing on social media sites like Facebook and Twitter, and you can also pin it directly to your boards on Pinterest from there. Just think of the added exposure your listings will be receiving.
With the free program Buffer, you can schedule your tweets on Twitter to go out all throughout the day, and eBay automatically creates the tweet for you, which is a big time saver.