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How to make $5000 a month on eBay

making money on ebay

How to make $5000 a month on eBay

Whenever it comes to make thousand or thousands of dollars a month on eBay, everyone gets perplexed to give a final verdict. But the mystery is resolved now. We are going to share the finest tips through which you can make more than $1000 dollars up to $5000 (no max. limitation) a month on eBay.

It is a tradition of work, work, and work to make money on e-commerce stores and you get a little in return. This question was asked by some officials of eBay who were appointed at a higher position. They requested to not disclose their names. One of them also delivers lectures on how to make money on eBay. He said:

Your income is not fixed on eBay instead it depends on how much you want to earn from eBay. Don’t invest all your money at once but invest as you earn more and add more products to your listing.

But this answer is still vague to most of the newbies. eBay is currently at 3rd position after Amazon and Walmart with over 113 million visits per month. Every seller on eBay wants to earn more than the last earning. It is important for them to set a benchmark for monthly earning and try hard to cross it. But how they can hit that is a million-dollar question which we are going to discuss here.

There are some important steps to do to make your desired income on eBay.

Choose the Top Selling Items on eBay

Many sellers try to work hard to sell a good number of items but another more important thing than mere selling is the selection of good stuff. You can earn better with your micro business selling other stuff that you usually obtain locally.

Edison trends tell us about the top-selling products on eBay.

making money on ebay

Many sellers buy local products that are available on sale at a retail discount store and sell for full price in other marketplaces. You can even sell things for garage or thrift stores. Discounted branded stuff is another good option. You can do your product research in these steps:

  1. Sign up for eBay
  2. Look for the product you want to sell
  3. Search that product on Google and e-commerce sites
  4. Set the price
  5. Start marketing the product on eBay listing
  6. List the first item on eBay
  7. Complete the first sale

Add HD Images

After selecting the products you are going to sell, you need to focus on exhibiting the high definition images. You can add many images from all angles to let your visitor view from every aspect of the item. Just remember that your first impression is very crucial yet most important to turn your visitor into a client.

Whenever you are about to upload your product images, remember these things:

Quality:

Images are the first thing any viewer sees on your profile. So, it is important to use good quality images that show the tinier details of the product. Use a white background and good lightening to capture images.

Quantity:

You can upload 12 photos for free on eBay which is a good number though to show your product. You can also use third-party tools if you want to add more. The benefit of using the third-party app is that you don’t have to pay extra to manage to list and uploading extra images.

Tip: Use Flickr or Garage Sale to upload images.

Detailed Product Description

Many sellers think to give a brief description but it is not enough. Think of yourself as a buyer who wants to buy shoes under $500. You would want to know about the details of the product you’re about to spend your money on so that you may get satisfied with your purchasing. Likewise, any buyer wants to know more about the product and giving all details is a plus point in this.

It is recommended to fulfill all the field eBay asks you before publishing your product. Don’t skip any of it as it may not be worthwhile for you but definitely for your buyers. Think about your buyers first.

If you are selling a branded product then you must add the brand name in the description. The buyer will get your product listing if your product description has the desired keyword in it. Always consider these things while writing a description:

Completeness:

Your product description must have all the information regardless if you don’t find it useful. As far as it depicts any element, it must be added in the description. As buyers want to know all.

Search Engine:

It is quite important for your product to not only be visible but to be on the top. Henceforth, all the targeted keywords should be there in description and title.

making money on ebay

Tip: You should add product color to your description.

Carefully Schedule Your Listing

Scheduling is important to reach your targeted sell within time-bound. You should schedule a 10-days listing starting from Thursday as it will have 2 days of the weekend. Weekends have the highest traffic than other days and it is a good time for sale.

You have 2 options to schedule your listing based on your target.

Shorter Duration:

This is a duration of 3 to 5 days that shows urgency. You will see a lot of businesses with sales “only X days left”.

Longer Duration:

Your product will be listed for a longer duration and buyers will have more chances to bid on.

making money on ebay

Avoid Reserve Prices

Reserve price is a minimum price a seller can set on the product. The seller won’t have to sell the product if the auction ends without any bids at that price or higher. You are advised to not use reserve pricing but rather start your pricing with as low as $0.99.

This may seem odd but trust me, this little will add up to make a lot without costing you money and get you in the tough competition.

Conclusion

Earning on eBay requires tiresome efforts and more time but once you hold the strong grip on your selling, you soon will enjoy having higher returns. You can make a big from small from your endless efforts. Always remember that:

There’s a limit on how much you can save but no limit on how much you can earn.

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