![\"how](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/how-to-sell-on-ebay.png\")
Learning how to sell on eBay is the easy part. You make an account, set up a listing and wait for the sale.<\/p>\nLearning how to sell on eBay is the easy part. You make an account, set up a listing and wait for the sale.<\/p>\n
Easy, right?<\/p>\n
Profiting and building a business<\/a> is the area that no one ever seems to talk about. So the million dollar question still stands:<\/p>\n Can you make money on eBay and afford to eat more than\u00a0Pizza Pops and Kraft Dinner?<\/p>\n Here’s the good news:<\/p>\n You can be the least sales savvy marketer, the most socially awkward person and still run away with a profit killing machine selling butterflies and rainbows.<\/p>\n Selling on eBay is easier than it looks and profiting happens before you reach the end of the rainbow. No unicorns required.<\/p>\n Anyone can sell on eBay for free.<\/p>\n They have a whopping 145+ million users (May 2014)<\/strong>\u00a0making lead generation effortless. They’ve already built an\u00a0audience for you.<\/p>\n All it takes is a systematized process\u00a0and\u00a0a few minutes out of your day to\u00a0tackle these 3 steps.<\/p>\n My case study is going to demystify making money on eBay by demonstrating how a beginner turned a zero dollar account into a $300,000 store in 9 months.<\/p>\n To put the cherry on the top, I collected over 300,000 travel rewards miles<\/strong>\u2026<\/p>\n \u2026enough to travel the world 4 times and catch a show with the wife.<\/p>\n If you’re ready, let’s hit the ground running.<\/p>\n I made an exclusive checklist guide<\/strong>\u00a0just for this post only.\u00a0Download your free checklist<\/a><\/strong>\u00a0for\u00a0a step-by-step guide to your first $300k on eBay.<\/p>\n You don’t need a regression analysis to start selling on eBay.<\/p>\n The concept is simple: you buy stuff for less and sell them for more. There’s no need to over complicate the principles.<\/p>\n Your goal doesn’t need to be $300,000. It can be $3,000,000, $30,000, $3,000 or $3.<\/p>\n Whether you have a magic number or not, successful eBay stores all start by following these 3 steps.<\/p>\n Step 1: <\/strong>Create an eBay and PayPal account.<\/p>\n Step 2:<\/strong> Find products that sell backed with hard data.<\/p>\n Step 3:<\/strong> Choose a strategy that best suits your financial goals, condition and risk.<\/p>\n The first two steps can be done today before you’re done reading this article and the third one comes with a little discernment.<\/p>\n Heck, if you’re an eager beaver<\/em>, you can have your first eBay sale within the next hour. Hot dam!<\/em><\/p>\n Lame\/amazing<\/strong> jokes aside, this 3-step process works.<\/p>\n I had sold a few things here and there on eBay, but nothing substantial.<\/p>\n I decided to give it a shot and planned my strategy with a budget of $20,000.<\/p>\n I set an aggressive goal to turn this into $40,000 by the end of April for part time hours.<\/p>\n I jumped into the cell phone niche because it’s what I knew. I bought $14,000 worth of iPhones in varying conditions.<\/p>\n It was too bad I didn’t know how to fix the ones that were damaged (80% of them)\u2026<\/p>\n I found some DIY tutorials, followed them, permanently broke a few phones (including one that I threw against the wall), but managed to fix the majority of them.<\/p>\n I was finally ready to start selling by the New Year.<\/p>\n I had profited about $4,000 and still had quite a bit of inventory left from the original load.<\/p>\n I upped my budget to a total of $60,000 since my strategy seemed to be working. I expanded my inventory to pretty much all consumer brand electronics and continued the buy and sell game on eBay.<\/p>\n I almost met my $40,000 goal in just one month. Hitting a net credit of $35,246.23 was pretty exciting to see.<\/p>\n May was no different<\/strong><\/p>\n I eventually hit a plateau in August 2014 at $38,190.32 selling iPhones and a few other consumer electronics.<\/p>\n There was about a $3,000 difference which isn’t mind numbing, but the difference was in what I had built.<\/p>\n I had created a viable business with multiple streams of revenue.<\/p>\n In January 2014, I built a simple website<\/a> where customers could opt in for exclusive sales and be in direct communication with me.<\/p>\n The trust had already been built.<\/p>\n It was safe to assume that if a customer had received a product (exactly as described), they would be happy to purchase again or refer a friend without hesitation.<\/p>\n These are the exact results I got.<\/p>\n I now had eBay, Amazon, a direct sales channel and a wholesale system that were\u00a0working synergistically to maximize profits.<\/p>\n I was cutting out the middleman, which meant greater profits while expanding my network of loyal customers.<\/p>\n How did I know what things to sell on eBay? Why did I choose them? Where did I get them for such a bargain?<\/p>\n Let’s dig deep into the step-by-step process I followed.<\/p>\n Let’s face it. No one likes signing up for new accounts, but there’s no other way around it when using this awesome sales platform.<\/p>\n There are two accounts required to start selling on eBay.<\/p>\n Making an eBay account will allow you to create listings and sell your products.<\/p>\n Visit eBay.com<\/a> or one of their partner sites.\u00a0This will define your primary currency and target demographic market.<\/p>\n <\/p>\n <\/p>\n <\/div>\n <\/div>\n <\/div> <\/div>\n Head over to\u00a0the register link and enter your details.<\/p>\n Follow the step-by-step onscreen instructions to complete your eBay account setup.<\/p>\n If you’ve signed up for an email address, you can set up an eBay account.<\/p>\n PayPal is eBay’s merchant services company that allows you to receive payments for your eBay sales. You will need to create a PayPal account to both receive and withdraw money to your bank account.<\/p>\n Visit PayPal.com<\/a> and sign up for a premier or business account<\/strong>. After you’re done, you can start selling immediately.<\/p>\n If you already have a personal account, you can upgrade it to premier or business status by logging in, visiting the profile tab and clicking on upgrade to a business account<\/em>.<\/p>\n Next, you will want to add and confirm your bank account<\/a> so that you can withdraw your earnings. This doesn’t need to be done immediately, but I would strongly advise getting it over with since it takes about 3 business days to complete the verification process.<\/p>\n Knowing the best things to sell on eBay normally starts with items you can get your hands on. But where can you find these mysterious items?<\/p>\n First, you need to know how to conduct market research on eBay<\/strong>.<\/p>\n Here is a bulletproof way to find out if your items will sell and be successful on eBay.<\/p>\n By default, a list of sold items for your keyword phrase will show up giving you statistics on previous sale prices, dates, and links to the auction listings.<\/p>\n You can laser target your results\u00a0by using the filters in the left column. I would recommend selecting a condition (new, used, not specified) and the most suitable category at the very least.<\/p>\n It’s important to investigate some of the listings that sold for more or less than the median. Some sellers mark an item as “used” when the item is in fact damaged.<\/p>\n A few key questions\u00a0that will help identify if your products are popular on eBay are:<\/p>\n You probably won’t get calls from suppliers offering you a bunch of iPhone 6s for $20. If you do, then don’t fall for it. Or if it’s the real deal…give me a call.<\/p>\n In order to find the best items to sell on eBay, you need to immerse yourself where the sellers are.<\/p>\n I’ve tried getting direct contracts with big name manufacturers, but my volumes weren’t even close to what they wanted. Authorized distributors would offer items that were $25 more than what I could sell it for on eBay because my volumes were not high enough.<\/p>\n Here are a few places you can start finding hot items to sell on eBay:<\/p>\n 1. Local stores and chains<\/strong><\/p>\n Have you ever seen a crazy deal at a major chain store? Well not everyone knows about that same deal.<\/p>\n You can find some easy things to sell on eBay right in your local Walmart, HomeSense and Target stores.<\/p>\n Sign up for their newsletters,<\/em> do your research and buy when it makes sense.<\/p>\n Keep in mind that storage is a huge factor for any retail store. When it’s time to come off the shelves, items are marked for clearance or they’re sent back to headquarters for an online clearance.<\/p>\n This is where the majority of my travel points were gathered.<\/p>\n 2. Local auctions<\/strong><\/p>\n These can be an absolute gold mine. Local auctions are usually smaller and have some popular items you can sell on eBay for more than 200% margins.<\/p>\n I sold these speakers for $187.44 and purchased it for $40.<\/p>\n Live auctions usually have a pre-show where you can inspect the items available for bidding. Take a look through the items, do your research and bid accordingly.<\/p>\n 3. Storage Lockers<\/strong><\/p>\n I have yet to explore storage lockers, but plan on going to one sometime. These $100 lockers can turn into $30,000 ones if you happen to be lucky.<\/p>\n To be completely transparent, I only want to attend one to say “yuuuuuup” but probably never will.<\/p>\n 4. Alibaba and DHgate<\/strong><\/p>\n The majority of sellers on these sites are from Shenzhen, China \u2013 manufacturing central.<\/p>\n There are a ridiculous amount of scams you can run into, but with some due diligence and payment protection, there are some products you can find behind this magical rainbow.<\/p>\n From my experience, never send a wire transfer on your first payment, and if the deal is too good to be true, it definitely is<\/strong>.<\/p>\n DHgate is China’s eBay. It’s a safer solution to purchase items with PayPal and further negotiate on larger quantities.<\/p>\n Take note: any major brand being sold on these sites are fake. Don’t bother trying to pick up Beats by Dre, iPhones or any major consumer items here.<\/p>\n 5. Google for Suppliers<\/strong><\/p>\n This can be hit or miss, but it never hurts to look.<\/p>\n If you found some popular items to sell on eBay, do a quick search and send off some emails. Here are a few examples of search queries you can use to find baby products:<\/p>\n Now that you know how to find some top notch items to sell on eBay, we need to choose a plan of attack.<\/p>\n Regardless of the strategy you choose, there is one commonality that makes all of them successful: customer service.<\/strong><\/p>\n Solid customer service converts leads into sales. In fact, 34% of the people who asked a detailed item related question (pre-sales) purchased the item within 24 hours of receiving a reply.<\/p>\n Here’s a common example you can expect to see by delivering detailed answers promptly:<\/p>\n The magic words when selling on eBay are turnover and liquidity<\/strong>. The last thing you want is dead inventory.<\/p>\n Here are three profitable strategies to consider which will depend on your level of risk and cash flow.<\/p>\n In its simplest form, each strategy is centered around three variables (MVP):<\/p>\n 1. Lower margin, lower volume and higher price (medium \u2013 high risk) <\/strong><\/p>\n Margins are around 5% – 30%, while volumes are usually limited by a budget. The plus side is that profits convert into higher dollar figures.<\/p>\n I followed this strategy by selling what I know: cell phones and other consumer brand electronics. My cost on items ranged from $15 – $400 per piece.<\/p>\n The lower cost items usually fell in the range of 30 \u2013 75% margin and the higher priced items were in the 5 – 20% area.<\/p>\n This strategy in particular requires wise budgeting and solid inventory control. Deep pockets certainly help.<\/p>\n 2. Higher margin – higher volume – lower price (low \u2013 medium risk)<\/strong><\/p>\n Generally speaking, with high margin comes a low price. Aftermarket cell phone accessories seem to be one of the hottest selling items on eBay.<\/p>\n People will generally sell them for $0.99 – $12.99 and will purchase them from anywhere between a penny to ten bucks a unit.<\/p>\n At the end of the day, if you purchase an item for $0.10 and sell it for $0.20, your profit margin is 100%, but it’s still only a $0.10 profit.<\/p>\n Sellers running eBay stores on less than a dollar margins usually ship from China and move massive volumes.<\/p>\n If you’re in a high cost shipping country like Canada (booo), you may want to reconsider selling these items internationally and focus on a domestic market.<\/p>\n A good chunk of buyers are loyal to purchasing from their own country and prefer getting their items quicker without the risk of it getting stuck at customs.<\/p>\n I haven’t explored this strategy a whole lot, but popular stores like eforcity (US company) recorded over 40 million dollars in revenue in 2008.<\/p>\n 3. Sell your personal\u00a0belongings \u2013 limited volume and no investment required. (low \u2013 no risk)<\/strong><\/p>\n This is the most profitable way to do some spring cleaning and make a quick buck without spending another penny.<\/p>\n Take a look through your basement, attic or storage locker and put some of the shippable items up for sale.<\/p>\n For larger items that aren’t worth the cost to ship, you can set a “local pick up” option in your listing.<\/p>\n It should only take a few minutes to make each post.<\/p>\n This is an awesome way for those without a budget to fund strategy one or two.<\/p>\n The cost for selling on eBay is free. Making a sale is not.<\/p>\n eBay is a business. They let you post for free (up to 100 listings\/month) but will take a commission for each successful sale.<\/p>\n The brilliant part about their model is that they own PayPal (merchant service) who will also take a piece of the final sale.<\/p>\n So, how much does it cost to sell on eBay?<\/p>\n Here is a list of expenses you should account for and some proven eBay selling tips to maximize your revenue:<\/p>\n Yes, eBay and PayPal fees are high. In fact, that is the single greatest complaint about selling on eBay.<\/p>\n But come on\u2026<\/p>\n They are essentially selling the product for you. They provide a selling platform, find you a buyer, process your payment and provide protection if something goes sour.<\/p>\n eBay fees in the cell phone niche have a whopping 10% commission in addition to PayPal’s 2.9% + $0.30 transaction fee.<\/p>\n And don’t forget about shipping\u2026<\/p>\n eBay Fees Explained:<\/strong><\/p>\n Yikes is right! Shall we run through an example?<\/p>\n Let’s assume I had 10 iPhone 5s and sold them at $320\/piece with free shipping over the period of one month.<\/p>\n Using the eBay fees calculator<\/a>, this is what my cost structure would look like:<\/p>\n <\/p>\n Not a great profit.<\/p>\n Let’s break this down:<\/p>\n eBay Store Fees:<\/strong><\/p>\n By registering for an eBay store, you are entitled to a discount on the final value fee and can post up to 150 listings per month.<\/p>\n In the cell phone category, the fee is brought down from 10% to 6% – no questions asked.<\/p>\n The cost for an eBay store is $15.95\/month on a yearly subscription or $19.95 month to month.<\/p>\n So when is it worth getting an eBay store subscription?<\/p>\n If you intend on staying within your listing limits, the\u00a0break-even\u00a0point is about $500 in gross monthly sales.<\/em><\/p>\n Here’s the math:<\/p>\n PayPal fees:<\/strong><\/p>\n Your PayPal fees remain the same. Since you’ll be accepting more than $3,000 in this month, you move on to the next tier. Your next month will be discounted further by PayPal to 2.5% + $0.30 per transaction. This is a $15.50 in savings assuming you sell $3,200 worth of goods in the next month.<\/p>\n Shipping:<\/strong><\/p>\n You have 4 options when setting your shipping rates:<\/p>\n <\/p>\n Let’s get into the mindset of a buyer.<\/p>\n 1. Free shipping<\/strong><\/p>\n You’ll notice that more established sellers set their items to have a free shipping option.<\/p>\n There are two very good reasons for this:<\/p>\n All of my auctions had a free shipping option for these very reasons. I also added an express shipping option for an additional $9.99 to $12.99.<\/p>\n 2. Fixed Shipping<\/strong><\/p>\n This shipping model is ugly. I’ve seen way too many eBayers doing it, and it pains me to see it every time.<\/p>\n Fixed shipping costs deter local buyers from wanting to purchase the item because it’s usually too high. It also forces buyers to mentally calculate if the deal is worthwhile.<\/p>\n Don’t force your customers to think more than they have to.<\/p>\n Others go as far as listing a $100 item at $20 with a $79.95 shipping charge. The click through rate on your listing will likely be higher, but prospective buyers may find it manipulative.<\/p>\n eBay’s fees on shipping used to be less than the final value fees, but they caught on quickly.<\/p>\n Another disadvantage to using fixed shipping is the chance of getting low detailed seller ratings (DSRs). When a buyer leaves feedback, they are able to set the shipping costs to the dreaded one star for any reason they believe to be fit.<\/p>\n Free shipping<\/em> and calculated shipping<\/em> can eliminate low DSRs on shipping costs and raise your chances of reaching top rated seller status for further discounts to your eBay fees.<\/p>\n 3. Calculated Shipping<\/strong><\/p>\n This is the option I use for timed auctions. Setting up an auction is unpredictable. You can sell for way above your desired price, but it normally goes the other way.<\/p>\n Also, you eliminate risk in shipping to high cost rural addresses.<\/p>\n It’s simple:<\/p>\n You select\u00a0Calculated: Cost varies by buyer location<\/strong>.<\/p>\n Best of all: no low DSRs allowed on the shipping cost category.<\/p>\n This is great for items with low margin or if you are the type that doesn’t know how to take a loss (raises hand).<\/p>\n Although you may not get the snap purchase because of free shipping, you can offer delivery to various countries without having to worry about it cutting into your profits.<\/p>\n 4. Local pick up<\/strong><\/p>\n If you’re in a highly populated city, people will likely want to pick the item up from you.<\/p>\n Providing the option is a plus for buyers but an annoyance for sellers. I personally did not have any local pick up options available in my store but received multiple requests on a weekly basis.<\/p>\n There are two ways to list your item:<\/p>\n Here’s how you can get\u00a0your item listed in less than 5 minutes:<\/p>\n Now list it.<\/p>\n eBay has a massive list of regular users. Your shop doesn’t require any fancy marketing, a million dollar budget or hi-tech coding to be successful.<\/p>\n![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-platinum-seller.png\")
<\/p>\nThe 3-step process to start your 300k journey<\/h2>\n
Committing to a Blind Journey of Buy and Sell (December 2013)<\/h2>\n
![\"starting](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/starting-to-sell-on-ebay.jpg\")
<\/p>\nI went live on January 6, 2014 and here’s what happened:<\/h2>\n
![\"paypal](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/PayPal_-_January_2014.png\")
<\/p>\n![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-expanded-inventory.jpg\")
<\/p>\nWhy Reach a Goal when you can Destroy it?<\/h2>\n
![\"paypal](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/PayPal_-_April_2014.png\")
<\/p>\n![\"paypal](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/PayPal_-_May_2014.png\")
<\/p>\n![\"paypal](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/PayPal_-_August_2014.png\")
<\/p>\nThe massive difference between April and August Revenue<\/h2>\n
![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-referral.png\")
<\/p>\nStep 1: Get Past the Sign ups.<\/h2>\n
a. Create an eBay account<\/h3>\n
\n \n \n <\/i> Click to see all eBay partner sites<\/a>\n <\/div>\n \n \n \n
![\"sign](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/register-ebay.png\")
<\/p>\nb. Make a PayPal account<\/h3>\n
![\"sign](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/sign-up-for-paypal.png\")
<\/p>\n![\"paypal](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/paypal-premier-business.png\")
<\/p>\nStep 2: Find the best products to sell backed with solid research<\/h2>\n
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![\"find](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-advanced-search.png\")
<\/p>\n\n
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![\"finding](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-advanced-query.png\")
<\/p>\n![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-advanced-results.png\")
<\/p>\n\n
Sourcing your products<\/h3>\n
![\"walmart\"](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/walmart.jpg\")
<\/p>\n![\"paypal](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/paypal-sale.png\")
<\/p>\n![\"dave](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/dave-hester.jpg\")
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![\"find](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/google-for-suppliers.png\")
<\/p>\nStep 3: Three Strategies to Choose From and Some Sick Math<\/h2>\n
![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-good-customer-service.png\")
<\/p>\n\n
![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/low-margin-low-volume-high-price.jpg\")
<\/p>\n![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/high-margin-high-volume-low-price.jpg\")
<\/p>\n![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/sell-your-belongings.jpg\")
<\/p>\nBefore you choose your strategy, let’s do some sick math.<\/h3>\n
\n\n
\n Description<\/strong><\/th>\n Cost<\/strong><\/th>\n<\/tr>\n \n eBay final value fees<\/td>\n 4-10% depending on the item type\/category<\/td>\n<\/tr>\n \n PayPal transaction fees<\/td>\n 2.9% + $0.30 per transaction for < $3,000 in monthly sales<\/td>\n<\/tr>\n \n Cost of product(s)<\/td>\n Variable<\/td>\n<\/tr>\n \n Shipping<\/td>\n Variable<\/td>\n<\/tr>\n \n Labor<\/td>\n Variable<\/td>\n<\/tr>\n \n Warehouse or Storage<\/td>\n Variable<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Minimize your eBay Expenses \u2013 Maximize your Revenue<\/h4>\n
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\n Description<\/strong><\/th>\n Cost<\/strong><\/th>\n<\/tr>\n \n eBay fees for selling<\/td>\n $32.00 x 10 = $320.00<\/td>\n<\/tr>\n \n PayPal transaction fees<\/td>\n $9.58 x 10 = $95.80<\/td>\n<\/tr>\n \n Cost of product(s)<\/td>\n $220 x 10 = $2200.00<\/td>\n<\/tr>\n \n Shipping<\/td>\n ~$12 x 10 = $120 (Canadian shipping)<\/td>\n<\/tr>\n \n Labor<\/td>\n ~$10\/device x 10 = $100.00<\/td>\n<\/tr>\n \n Warehouse or Storage<\/td>\n $0.00 assuming you are shipping from home<\/td>\n<\/tr>\n \n <\/td>\n <\/td>\n<\/tr>\n \n Total Cost for Selling on eBay<\/td>\n $2835.8<\/td>\n<\/tr>\n \n Net Profit<\/td>\n $364.2<\/td>\n<\/tr>\n \n Profit Margin<\/td>\n 11%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Here’s how we can increase our profits dramatically.<\/h3>\n
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\n Description<\/strong><\/th>\n Cost<\/strong><\/th>\n<\/tr>\n \n eBay store fees (month to month plan)<\/td>\n $19.95\/month<\/td>\n<\/tr>\n \n eBay final value fees<\/td>\n $19.20 x 10 = $192.00<\/td>\n<\/tr>\n \n PayPal transaction fees<\/td>\n $9.58 x 10 = $95.80<\/td>\n<\/tr>\n \n Cost of product(s)<\/td>\n $220 x 10 = $2200.00<\/td>\n<\/tr>\n \n eBay fees on Shipping<\/td>\n $0.00 – variable cost to buyer<\/td>\n<\/tr>\n \n Labor<\/td>\n ~$10\/device x 10 = $100.00<\/td>\n<\/tr>\n \n Warehouse or Storage<\/td>\n $0.00 assuming you are shipping from home<\/td>\n<\/tr>\n \n <\/td>\n <\/td>\n<\/tr>\n \n Total Expenses<\/td>\n $ 2607.75<\/td>\n<\/tr>\n \n Profit<\/td>\n $592.25<\/td>\n<\/tr>\n \n Profit Margin<\/td>\n 19%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n ![\"eBay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/eBay-Break-Even-Point.png\")
<\/p>\n\n\n
\n Description<\/strong><\/th>\n Cost<\/strong><\/th>\n<\/tr>\n \n None<\/td>\n $500 x 10% = $50.00<\/td>\n<\/tr>\n \n Basic Store<\/td>\n ($500 x 6%) + $19.95 store fee = $49.95<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n ![\"paypal](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/paypal-fees.png\")
<\/p>\n\n
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![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-free-shipping.png\")
\u00a0The strategy behind adding an additional shipping option was twofold:<\/p>\n\n
![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/free-shipping-options.png\")
Everyone loves free shipping. If your goal is to get your items out the door faster and your margins are significant enough, this is a great way to move items quickly and to stay liquid.<\/p>\n![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-fixed-shipping-settings.png\")
<\/p>\n![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-fixed-shipping.png\")
<\/p>\n![\"calculated](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/calculated-shipping.png\")
<\/p>\n![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-calculated-shipping-settings-1.png\")
Then set the package weight and dimensions. The buyer is then able to get an exact shipping cost based on their ZIP\/Postal code.<\/p>\n![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-calculated-shipping-settings-2.png\")
<\/p>\n![\"eBay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-local-pickup-only.png\")
<\/p>\nLet’s get your item listed<\/h3>\n
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![\"sell](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/sell-on-ebay.png\")
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![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-sell-similar.png\")
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![\"ebay](\"https:\/\/www.moneyjournal.com\/wp-content\/uploads\/2015\/03\/ebay-checklist.jpg\")
<\/a><\/p>\n