Everyone wants to make some extra money online through the many
selling platforms available — Amazon, eBay, you name it. However, it can
prove to be difficult, particularly when you’re trying to make a
profit, and especially on eBay. Through eBay’s Auction format, you never
know what you’re going to sell for until the end of the auction. In
most cases, you’re selling at a loss — getting less than what you paid
for for an item, and that’s usually because it’s been used or it might
not be in the best condition. Other people haven’t tried to use eBay at
all, as they’re not quite sure how they can make money with it. If you follow along below, we’ll show you the best methods for making cash online easily with eBay.
Sell Items Around Your Home
If you’re simply looking for ways to find some extra cash, selling
items you don’t use anymore around your home could ‘net you a few
hundred dollars at least. You certainly won’t be making a profit on your
items — you’ll likely sell for less than you paid for them years ago at
the original purchase. But, if they’re just sitting around your home
not in use, that few hundred dollars could be of more use to you in your
bank account than sitting in physical items that are collecting dust.
You might be surprised what you find around your home that you can
sell — you might have some antiques that could go for a pretty penny
online, or you might have some gaming equipment you can list. Gaming
equipment is usually really valuable, and you can make some really good
money off of that alone. Simple look for things around your home that you aren’t using
anymore, open the eBay app and see what they’re going for. List the item
under the auction prices of similar items, and you’ll make a quick
sale!
Look For Items To Sell At Stores
You can also look for items around stores that you can buy and sell
for more on eBay. If an item is selling for just $5 at Target, but
they’re selling like hot cakes for $15 per item on eBay, it’s a simple
task: buy the item at Target (a couple if you can), list them on eBay
under the selling price (maybe $13 instead), and just rake in the
profits!
This process is a little more involved, as it does take a substantial
amount of research. Before you buy, you always have to do a search
around eBay and see how much the item you’re looking at is going for.
You have to be sure that you’re going to make a profit, otherwise you’re
just throwing your money and time away.
Sell In Bulk
What most sellers on eBay have found is that the most profit to be
made is in items that you can not only buy cheap for in bulk, but also
items that you can ship cheaply. For example, you could consider selling
fitness watches online. These can be sold for between $150 and $200
each, so you can make a fairly good profit margin off of them. On top of
that, they’re usually very lightweight, so it’s easy to ship these
fitness watches relatively cheaply, thus increasing your profit margin.
Computer accessories is another good one, particularly gaming
accessories. A mouse is really lightweight, but you can usually sell a
mouse from a reputable gaming accessory company for a good profit —
around $50 to $100. Since they’re lightweight, shipping is cheap, and
again, you come out with a large profit margin.
One other example are video games. Video games cannot be sold for
tons of money, but they can be bought in bulk at extremely cheap price
points. That said, you can sell a substantial amount, which will let you
make a fairly good profit online. And, since they’re so light, they’re
very easy to ship out packaging costs less, and so do shipping labels.
As you can see, it’s fairly easy to make money off of eBay. It is a
game that you have to master in order to make a considerable profit, but
by starting with easy items like video games, you can easily start to
see how you can turn an easy profit.
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