How to start eBay Business?

eBay was started by Pierre Omidyar in September 1995 as a result of his wife’s desire to add to her collection of sweet dispensers. The site now has over 181 million customers worldwide, 10 million in the UK, with up to three million items from Britain on sale every day. With so many customers online, it is not surprising that many people choose to start an eBay business.

eBay is now becoming a phenomena on the internet. And more and more Internet Entrepreneurs are launching they eBay Business. Many High School Going Kids are earning 6 figure income every year from their eBay Business.

So How to Start eBay Business? -

Let us first discuss the Example of Julie King. See here How Julie King has started her own eBay Fashion Business & How much she is earning according to one popular media.

“Julie King, from Newcastle, gave up her job as an IT consultant after she found she could buy and sell designer shoes and handbags on eBay for a profit. Her eBay business, Killer Heels, now makes over £6,000 a month buying shoes and bags from wholesalers and selling them on eBay.”

The main advantage of Information age store is, eBay Business (Shop) doesn’t require any commercial property at prime location. Unlike Traditional brick and mortar Shops, eBay Business can be launched within minutes and can run day and night without the presence of its owners. All you have to do hard work is to grow it and that’s it.

Quick Guide to Start eBay Business -

- First of all signup on eBay and get a free account. It will take few minutes only. It is very simple and this is the reason why eBay has over 180 Million users.

- Go to Sell items section on the eBay and follow the instructions. Chose from various categories and start selling.

Tips of Successful eBay Business -

Start with selling something that you know about and/or love doing.

Research the eBay market in your particular sector as well as on the internet to see what the competition is doing and what is being offered. Find a point of difference that will set you apart from your competitors.

Be committed to it. It is not easy but it can be extremely rewarding.

Build up your positive feedback. This is the bedrock of eBay and what sets you apart as a good seller. Excellent customer service = great positive feedback. Never slack on good customer service.

Always keep track of your competition. Don't just research them once or occasionally. Remember they are looking at you and as your business steams ahead; they are plotting and planning to take over. Half of my eBay time is spent researching competitors and new marketing techniques. 

Be as transparent as you can with your potential customers. Don't hide costs and describe your items clearly and honestly. Building trust builds business on eBay.

Don't spend huge amounts of money on stock and setting up. Start small and grow it slowly. The world of eBay can be complex and the best way of discovering this world is by experiencing it. If you plow in with a huge store full of lots of stock and you don’t know about it then you risk falling quickly on your face.