Interested in selling on Ebay? Maybe you’re wondering why sell on Ebay when there are so many other platforms out there to sell on?
I’m not going to tell you any lies, selling on Ebay is not easy.
I started my Ebay journey on October 18, 2023 and it’s been a crazy ride thus far.
You see the YouTubers make reselling on Ebay look so simple, but it’s not. I’m not here to give you a pipedream, but what I am here to do is give you some real feedback about why you should sell on ebay.
Selling on Ebay as a Side Hustle
I wouldn’t tell you to quit your day job… just yet.
When you start to sell on Ebay you should do it part-time, or at least until you have some steady income coming in.
The exception to this rule would be if you have a significant other or somebody else who can hold down any responsibilities you may have for at least a year or two, or more.
Ebay is a great way to earn some income on the side. Especially if you aren’t pressed for cash because the cash does not come quickly.
Like I said above. I started selling on ebay on October 18 and didn’t make my first sell until October 30. That was a total of 12 days of consistently uploading items to my Ebay store before I made any money at all.
The profits from that sell was about $11. So, what’s that? Basically .91 per day? And, by that time I had about 53 listings in my ebay store.
Get Rid of Your Old Stuff
People don’t realize how much money they have sitting right in front of them. What’s old to you, is new to someone else.
Over the years I have collected so many things. Some things I forgot I even owned. Others tucked away and now are considered vintage.
If you have a boat load of stuff, you should think about selling it on ebay. It’s sitting around collecting dust anyway, so why not earn a buck or two for the items you already own.
That is also the best way to get started selling on ebay, too. That way, you haven’t invested any money to get started.
You Can Start For Free
Ebay is a platform that you can start using to sell your items for free.
That’s a plus in my book. They do take fees after you’ve made a sell, and they also limit you on the amount of items you can upload, but it’s so worth it to get started.
I know there are other platforms you can sell on for basically free. Etsy is one of them. They do have a listing fee of .20 on Etsy, but you can get your first 40 listings free by using my link if it’s your first time opening an Etsy shop.
Other types of marketplaces are Amazon, Poshmark, and Mercari all have options to sell from their marketplace, but not all are completely free, and some have higher fees than ebay.
But, at least with ebay they will waive the insertion fee for a set amount of listings for you without a code or a link. Just sign up for an ebay account, which is free to do, and then start selling.
Ebay is a Marketplace
There is a difference between Ebay and places like Shopify. Ebay is similar to Amazon and Etsy where it is a marketplace.
Marketplaces have customers already there. You don’t need to run ads. You don’t need an audience and the platform will send you buyers.
Granted, there are some caveats to this because you need to have the proper items, have your listings optimized and be consistent.
That goes for any platform, but especially Ebay.
Each marketplace have it’s pros and cons, and each one has it’s own algorithms. They each take different things into consideration when showing your listing to potential buyers.
And it takes time to learn what the platform wants.
If you take the time to learn the platform and AIM to build out your ATM, which I talk about further on my Getting Started page than you’ll be well on your way to building any business you want.
So, why sell on Ebay?
Ebay would be a good fit for you if…
- You have a love for shopping/thrifting
- There is a lot of stuff you have at home to get rid of
- You don’t like garage sells or are in a place/environment where a garage sell isn’t possible
- Some extra money is all you need to get by
- You have a job or someone to support you while you start your ebay reselling business
- You don’t mind putting in the work and can be consistent with your item listings
- Capital is an issue to start with and you have limited to no disposable income to get started
- A marketplace type of environment fits your needs right now
And there are so many others reasons too.
Everything is a Learning Process
No matter which platform or business model you choose there is going to be some growing pains. There are going to be curve balls thrown at you from all different directions.
This is normal and should be expected.
Though my ebay journey is challenging. I’m going to stick with it for a bit longer and make sure that I share everything I learn along the way.
Feel free to follow me over on my YouTube channel to get more information about building your own business and the different business models, so that you can find what works for you.