EBay has opened up a whole new world in terms of monetary gain and the elimination of household clutter. Time was that if you found that your house was simply getting too crowded, the day when the attic door justrefused to open over your head or the garage was just too stuffed to fit your vehicle, you had no choice but to make a trip to the dump or await the summer garage sale season in order to get rid of some of the clutter.
EBay works on the old adage that if the customer base isbig enough, a seller will always be able to sell any item, no matter how obscure. This has certainly proved true so far in the short history of eBay, where three million auctions close every single day, in every area conceivable. You might find it hard to believe, but the auction environmentis such that that pile of old National Geographic magazines that you have might fetch close to their original value or even higher on the site. There are so many opportunities that some people have made a business out of becomingeBay Power Selling professionals, with some stores netting $1,000 a day!
In order to make eBay work for you, you have to use the right approach both in your marketing and in avoidingcommon eBay pitfalls. One great way to ensure sales is to purchase or borrow a digital camera to take pictures of your goods- items that have accompanying pictures are much more likely to sell, and at a higher price, than areones that are placed without a visual aid. Buyers can see what the product is like, including the condition it is in, and thus the chance they are taking is much lower.
In terms of pitfalls, most of the deals that go bad on eBayare avoidable if you have a good heads up. The first issue,of course, is one of non-payment. If you have sold an item on eBay to a buyer who just refuses to pay, a simple taskcan become an arduous exercise in collections, and might even end up costing you money. In order to avoid a non-payment scenario, it is crucial to set up a payment optionbefore you ship the goods. If the buyer refuses to pay you, all you have to do is relist the item and start another auction.
Other eBay pitfalls mostly revolve around bad payments. Bad checks, credit card fraud, international fraud, andcredit card charge backs are all part of the Internet selling process. All of these situations can now be avoided, however, by requesting payment through the eBaydeveloped Pay Pal. Pay Pal is a great way to receive moneyfrom the sale of goods immediately, and also incorporatesa dispute resolution system in the event that the buyer or seller is unhappy with the outcome of the sale.
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