Buyers and sellers from around the world log on to eBay everyday. Some of them have mastered the online auction and storefront platform and have created successful businesses. By offering the right products and becoming familiar with how eBay works, it is possible to make selling on the site a career that allows you to enjoy the freedom of working from home while growing your profits.
Instructions
1. Open an eBay account for your business. Even if you already have a personal eBay account, you should open an additional account that you use exclusively to sell on eBay.
2. Set up accounts for receiving payments. PayPal (see the Resources section) is the most commonly used method of receiving eBay payments, but you may choose to accept payments via other methods that eBay has approved.
3. Sell what you know, advises Entrepreneur.com. Whether you make it yourself, scavenge for it at thrift shops or estate sales or buy it wholesale, be knowledgeable and passionate about what you sell on eBay. Having expert status involving your products will help you to provide excellent customer service.
4. Do the necessary paperwork. Obtain local seller licenses or permits and a Federal Employee Identification Number, or EIN (see the Resources section). A state seller's permit will allow you to buy products and supplies from wholesalers.
5. Build positive ratings, encourages AllBusiness.com. Since eBay operates under a feedback ratings system, the success of your eBay business will be largely based on how customers rate their experiences with your products and service.
