Monday, April 5, 2010

Tips On Selling Your Collectibles on eBay

By Leslie Yc

Do collecting trinkets like vintage jewellery, limited-edition figurines, antique music boxes and the like appeal to you? Are you also interested in making a business on eBay? Perhaps you do not have any collectible items to sell, but still wish to sell something on eBay. You've come to the right page! Here are some tips to get you started on your journey on eBay.

Before we can begin, you need to have the following essential equipment. A working computer, an Internet access, a digital camera and some space to store the items you are about to sell on eBay. You will also need to know more about the different types of shipping and packaging materials, but not to worry; we'll come to that later.

Next, you will have to learn how to list an auction on eBay. There are many types of information you see are what you need to know for a successful listing on eBay. Here's a link to an overview from an eBay seller: http://pages.ebay.com/education/sellingtips/index.html. There are many articles and tutorials available online that will teach you all you need to sell successfully on eBay. Also, mentors are available but a consultation fee may be imposed.

When you have learnt how to set up an eBay store, you will now need to focus on what product you want to sell. Before you go off finding a supplier, try to auction off some collectibles or unique products from your house first and start building up on positive feedback on your sales. As many eBay buyers shun away from sellers with little to no feedback, it is wise to build up your reputation and then, when you have gain trust within the eBay community, you may start to focus on a particular niche of products from your supplier on eBay.

You also will not want to sell an item that is unique, but not in high demand on eBay. Do a quick search around eBay by looking up on "completed" items and then sort it by the highest price. You will be surprised to see the little music box you are planning to sell has over 20 listings but not one of them has been sold.

The next thing you need to be wary of is the pricing of your products. You'll have to do a very thorough research and sometimes, it can be quite a challenge for new beginners on eBay. Find out the price the items or similar items you are planning to sell are going for on eBay. Always remember, many eBay buyers are looking for the most affordable price, so do not mark up the price of your product. You can find more information in the link provided at the earlier section of this article. Don't scrimp and also, don't be cheated when selling or buying anything on eBay!

So what happens when someone has expressed interest in your product and wish to buy it from you, how do you deal with online payments? The majority of eBay users use PayPal to settle online transactions. Provide a variety of payment options like PayPal, personal checks or direct cash to your customers. With more methods of payment options, you will likely get more bids on your products.

After your customer has paid for the product, it is now time to ship the item. There are many shipping companies and shipping methods. Many sellers use USPS and some use UPS. By shipping with USPS through Priority Mail, your items can be packaged free whilst you have to look around for packaging materials like boxes, bubble wrap and Styrofoam peanuts for your item if you ship via First Class, Parcel Post or UPS.

In summary, if you want to learn how to sell your collectibles and other items on eBay, you can do it! Overwhelmed yet? Yes there is a lot to learn, but it's not nuclear science. Just take it one step at a time. It's a learning process. If you need mentoring and support from others, those resources are available too. Use what works for you and become the newest eBay seller! Selling on eBay may be difficult, but with practice and lots of patience, you can do it! There are many people out there willing to help you with your journey and there are many resources available too! Don't be intimidated by the process and most importantly, don't give up!

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