How do I personally sell on eBay? What do I choose to sell on eBay? How much do I make in a month on eBay?
I will answer all of these questions after a brief intro!
Here is my eBay account if you want to check it out: My Personal eBay Store
Introduction
I got an eBay account a long time ago in 2008. I got it to sell off some stuff I didn't need anymore as a kid. Some were card collections when I gave up collecting and playing, some of it were old electronics and video games and other times it was just junk I didn't need anymore. eBay would become part of my personality to recycle things I didn't need at the time and also as a way to make more money than sitting around at a 9-5pm job later on in life.
Feedback is very important on eBay, so it was nice that I got a head start on it. I was at around 300 Positive feedback so I already learned how to ship effectively and to also list effectively as well. There are still times though, where I feel like I am learning new and have more knowledge to share.
How do I personally sell on eBay?
I essentially get an item that I want to sell for profit and then list it on eBay and see where it goes. I try to list it for the lowest price so that it sells faster, since inventory is dead money and its better to move things than not. If I don't want to move an item I get back from grading, for example, then I keep the item and wait to sell later.
My strategy isn't all that different from other sellers on eBay trying to profit off their goods, sometimes there is no profit at all, and I am okay with that. But there is a strategy for avoiding fees, which are typically 13% before any shipping and handling to eBay.
What do I choose to buy to sell on eBay?
In continuation, that is what you need to decide what new product you can get so you can list it on eBay and sell for more.
In Pokemon grading, it is not uncommon to get a PSA 9 on a card you inspected and to break even. I have to accept that when it happens. On the flipside, you might get a PSA 10 and then usually double your money (or even quadruple if you bought a vintage card for cheap) after grading fees/listing fees/final value fees/shipping handling costs.
I generally buy the following and then grade them:
- Modern Cards in great shape
- Collections of Vintage (that usually have a bulk pricing the more cards you get, but these are rare, so acquisition is something you really need to think hard about)
- Graded Cards
- Signed Cards
- Graded Funkos
- Singles (that are not gradable)
How much do I make in a month on eBay?
I typically make around $20k USD revenue per quarter (every 90 days) on eBay. Its a hustle. Sometimes its cyclical, during Covid era when everyone was at home, collectibles really did increase a lot in price since people were buying things left and right with their stimulus checks. Right now volume has decreased a bit due to inflation and recession/debt crisis fears, but they still sell. Hardcore collectors still want their PSA 10 Charizards and the Pokemon Company still keeps printing cards.
How do I list my items to get more traction?
Simplest thing I do: Have good volume and feedback
- Volume
- Have a lot of cards for sale, so sometimes buyers would want to add shipping together, or visit your other listings from their initial listing that they saw
- Upselling and Cross-selling are two terms that every seller needs to know. Promoting your listings is nice on eBay, but eBay takes an even bigger cut. I wouldn't do this unless you have a very high value item.
- Feedback
- Have 100% at all times, lowest you would want to be if you messed up on a previous order is 99.5%. DON'T DROP BELOW THAT
- By having 100% feedback, you are already above a lot of people. But you generally want to have 1000+ 100% Positive feedback to really get an edge. Your lowest priced item will be a no brainer for your customers
Comment below if you have any questions and keep an eye out for more. Bookmark this blog since I will be posting very frequently.
Instagram: @Collectorsphere
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