Making Money on Ebay Part I

After much thought on what money making adventure series to start first I decided Ebay was the way to go. There was a lot of reader interest in how I turned $10 into $900+ in just one year (I didn’t reach the thousand mark which was a bit frustrating! I believe I ended up about $20 shy).

The first few weeks of the year are slow so I will go over the basics then. By the time garage sale season rolls around many of you should be able to “flip” items with ease.

This is going to be a series post. Feel free to leave comments with your ebay listings if you want suggestions. I will also try to post an exercise that you can work on with each post.

The series will consist of the following lessons:

What should you sell
Fees for selling on ebay and how to create an account
How to ship your packages
How to create a listing
How to take a good picture

How to time and price your listing

{ 13 comments… read them below or add one }

1 Allison January 15, 2009 at 6:16 pm

Here Comes The Stork website is a great resource for selling on ebay. There are tons of tips and helpful people and a section on hot auctions on things I’d never even imagine – but there is a link on my blog.

oh, and I’m also in KC- so I really enjoy your blog! Thanks!

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2 LittlePeopleWealth January 16, 2009 at 12:38 am

Awesome – I’ll check it out!

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3 Survey Fan January 16, 2009 at 1:46 am

I haven’t tried eBay yet but want to give it a go.

How many hours off work do you think it took you to make the almost $1000?

That sucks missing that mark by such a small amount

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4 Teresa January 16, 2009 at 2:09 am

I look forward to the Ebay tips and help.

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5 LittlePeopleWealth January 16, 2009 at 2:33 am

Hmm, I’m not sure how many hours that part took me 🙂 I made around $3000 total that year (the $980ish was just part of the “turn $10 into as much as you can” contest – the rest was my husbands half of that contest, things we already had around the house (the contest was only for “found/bought” items), and drop shipped items.

I was probably averaging 3-5 hours a week for all of my ebaying (the $3000). The garage sales were something that we would have been doing anyway – but I usually went once a week for a morning.

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6 Sidnei602 January 16, 2009 at 4:39 pm

I was going to try this last year, but fell throught with it. but this year its on! I can’t wait for this challenge!

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7 LittlePeopleWealth January 17, 2009 at 8:38 pm

Every year is a new start 🙂 I can’t wait to have you join us!

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8 Anonymous April 22, 2009 at 12:36 pm

I have never sold anything on ebay, but have always wanted to give it a try. I feel more confident and comfortable doing so, after reading your post. Thank you!
Carrie
mommycarrie1(at)hotmail(dot)com

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9 Anjie the frugal freelancer April 27, 2009 at 2:24 pm

I made $2000 my very first month of selling on ebay (things around my house) I easily became a power seller, selling things that I won or got free on the internet and went to a convention or two! I now have an ebay assistant that sells for me but occasionally I will list a thing or two (have had GREAT success selling junk mail and catalog coupons as well!) DONT BE AFRAID GO FOR IT!

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10 Amazon Coupons December 9, 2009 at 10:39 am

thanks for your informatic post!! whenever i go for shopping i don't forgot to use coupon because it reduce the price of products and save my money,I have learned so much. I get most of my groceries, personal hygene stuff for free. It truley is amazing. I never thought couponing could really save me the money that it has.With the economy being so bad this could not have come to me at a better time.

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11 LittlePeopleWealth December 29, 2009 at 2:50 am

You're welcome everybody – ebay is a great way to earn some spare cash!

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12 Nelda Strackbein November 29, 2010 at 6:27 pm

Quite a beautiful website. I recently built mine and i was looking for some design ideas and you gave me a few. May i ask you whether you developed the website by youself?

Cheers

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13 Heidi November 29, 2010 at 10:37 pm

Thanks, my website was built by a designer (Jessica at A Blog to Brag About).

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