Signing up for Ebay is a simple process. There are a few Hoops to jump through initially but none of it is too difficult. You do not need a legal business name to get started on Ebay. You can start selling today after just going through the basic registration steps. The registration simply means your name and address and a payment method for fees.
Ebay lets you post your first 50 listings every month free of charge and only charges fees on the back end when something sells. Ebay makes most of their money from the final value fees which are 10% of the sale. that gives you a lot of freedom and ability to grow a business on their platform for very little. After the first 50 listings which are free they start charging a small $0.35 insertion fee for additional listings. Even this can be lowered over time when you sign up for a store but there is no need for an eBay store in the beginning.
Here is a video that walks you through the registration process for Ebay.
There are so many things to learn about Ebay. It’s not terribly complicated and once you get the basic stuff down it is just a matter of repetition. Volume is the key for success on Ebay. Here are a few things to keep in mind as you get started:
Create a business account with Ebay and paypal to get the greatest benefit
Focus on building your feedback right away by buying items and selling used items
Feedback creates authority
Feedback helps avoid scammer headaches
Feedback shows Ebay you are interacting on their platform
Get rid of negative mindset including the following
I don’t want to handle product…
I don’t have a place to store it…
What if it doesn’t sell…
I don’t want to go to thrift stores…
I don’t want to go to yard sales, estate sales…
Everything can be researched on Ebay before you invest in it.
You can filter by sold listings in the ebay app after doing a search
Look for the same item
Pay attention to how much it sold for
Did it sell with free shipping?
How often did it sell?
How long ago was the most recent sale?
If you work with items you can get your hands on, you can make money faster
You can make higher profits
You look more legit to Ebay
You don’t have to start with a warehouse full of items
You gain valuable practice
Check out the video below for some great tips that will help you get things started on Ebay.