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Making Money on eBay

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Making Money on eBay

Postby j24jags » Thu Mar 12, 2009 5:31 pm

Has anyone tried this? I've used eBay plenty of times, but always to buy/sell something, never with the intent of making money. I think it would be pretty easy to find something that is a bargain (most things that are listed poorly sell for very little money) then to resell it for a higher price. Am I way off? I know eBay takes a small percent as commission, but I think this can be done with almost any product (i.e. baseball cards). This could be a fun hobby/way to make a little side income if you have the time. Anyone have any comments?
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Re: Making Money on eBay

Postby bigken117 » Thu Mar 12, 2009 5:51 pm

I've sold baseball cards on occassion. Their fees are getting pretty high, and it's kind of a pain listing stuff (IMO) but I guess if you're itemizing a lot of cards it would...
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Re: Making Money on eBay

Postby CadensDad » Thu Mar 12, 2009 6:15 pm

If you can get your own "e-bay store" on there the fee's are not as bad. But you have to be selling several items a day if I'm not mistaken
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Re: Making Money on eBay

Postby j24jags » Thu Mar 12, 2009 6:16 pm

CadensDad wrote:If you can get your own "e-bay store" on there the fee's are not as bad. But you have to be selling several items a day if I'm not mistaken

Do you know if you have to be selling multiple items per day, or just have to have multiple items listed per day?
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Re: Making Money on eBay

Postby Yoda » Thu Mar 12, 2009 6:20 pm

j24jags wrote:Has anyone tried this? I've used eBay plenty of times, but always to buy/sell something, never with the intent of making money. I think it would be pretty easy to find something that is a bargain (most things that are listed poorly sell for very little money) then to resell it for a higher price. Am I way off? I know eBay takes a small percent as commission, but I think this can be done with almost any product (i.e. baseball cards). This could be a fun hobby/way to make a little side income if you have the time. Anyone have any comments?


The problem is, you need an inventory which means that you are either stuck with what you can't sell or eat the cost of the product. I think it can be done easily but making a huge profit is probably not realistic unless you have a legitimate business plan.
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Re: Making Money on eBay

Postby Dan Lambskin » Thu Mar 12, 2009 7:12 pm

i'm more of a Craigslist type of guy
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Re: Making Money on eBay

Postby Guru13 » Thu Mar 12, 2009 7:51 pm

Ya it definitely seems like it would work better with craigslist, no posting fees. And you can still find things really cheap, especially cars. wow.
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Re: Making Money on eBay

Postby RugbyD » Thu Mar 12, 2009 9:50 pm

don't forget PayPal's 3% take if you take payment from them.
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Re: Making Money on eBay

Postby CadensDad » Thu Mar 12, 2009 9:58 pm

j24jags wrote:
CadensDad wrote:If you can get your own "e-bay store" on there the fee's are not as bad. But you have to be selling several items a day if I'm not mistaken

Do you know if you have to be selling multiple items per day, or just have to have multiple items listed per day?



Not sure, I think having multiple listed is the key. Craigslist is another good site, but I've learned 80% of that crap is spam.
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Re: Making Money on eBay

Postby Snakes Gould » Thu Mar 12, 2009 10:43 pm

the fees on ebay are absurd. if you really want to make money, use a site like craigslist, or better yet, start your own.
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