Reliable ways to make money from home has never been easier. Because meanwhile, not only large sales platforms such as Amazon or eBay have established themselves. Consumers who want to earn money on the side or full-time over the Internet can also sell on Etsy, a platform that has now established itself as a good alternative to eBay.
And best of all: the seller doesn’t even have to own the products he offers to be able to sell them successfully. So he does not take any risks and does not even need his own homepage, the creation, and placement of which in the search engines involves considerable effort.
eBay: Where you can shop around the clock
In the meantime, many German consumers also appreciate the online auction platform eBay for shopping. Because there you can choose from thousands of products around the clock and often even make very special bargains. Because the owner changes the selected pieces at auctions to the highest bid.
Although the huge hype surrounding the platform has now abated, it is still possible for retailers to generate high income via eBay. It is not for nothing that the platform is one of the most popular methods for making money online. At least, this is the case if you approach your project well prepared. First of all, you have to ask yourself the question:
What can be sold well on eBay and at what price?
So the trader needs a really good idea of what he wants to trade with. This usually works best when it serves a certain market niche. Then you have a clearly defined target group and can tailor your offer accordingly.
Why selling on eBay is so easy
eBay is included in one of the Reliable ways to make money from home…
Selling products is also a lot easier for retailers than on their own website or in a shop.
- Because it doesn’t take much time.
- High start-up capital is also not required.
- The advertising also is not a problem, because the platform has a very high profile.
- The dealers can thus reach a lot more people than they would be able to do with their own resources.
What needs to be considered when trading on eBay?
Nevertheless, the dealer is well advised if he thinks in advance about how he wants to stand out from the large mass of other dealers. In order to find as many buyers as possible, optics are the most important factor.
That means: dealers should make their auctions appealing, which includes good photos in particular. The photos should look as professional as possible and also clearly show all the important details of the respective product.
Furthermore, the dealer must make a product description in which he names all the important functions and properties of the respective product. He should not write the product description in an advertising style that often seems screaming to potential buyers, but factually and above all truthfully. Of course, the presentation of the product should also be designed appropriately. And it can do no harm to read the product description carefully before publishing it.
This appealing and professional design is particularly important because the providers on the Internet do not have a showroom in which customers can take a close look at the products on offer.
Start well informed as a dealer
If you want to start trading on eBay, you will find a variety of useful books on this topic in bookstores. It can also be worthwhile to do a little research in other online shops or book stores so that you can book a good income right from the start.
Earning money with eBay is even easier if beginners follow the instructions of professionals who have already successfully done just that – even if it should only be an additional income.
Earn Money Without Capital
If the dealer has a good idea, he can also generate a correspondingly high income without the need for great start-up capital. Because that would actually be necessary if the dealer didn’t want to sell just individual pieces. Online retailers can avoid this by teaming up with a local retailer.
The online retailer then only has to agree on a good price with the actual retailer so that he can also make a profit from it, take photos of the products and note down the information necessary for the product description.
Because he can achieve a significant price when selling on eBay than for products that customers can find umpteen times in the current offer from eBay. Under certain circumstances, the shipping of the ordered products can even be carried out by the provider, so that the online retailer does not have to buy the product himself and then send it. This concept is also known as dropshipping and it makes online trading much easier.
An example: Selling products over the Internet is so easy
Step 1: the product search
First, the retailer looks for a product that he can assume that not too many salespeople are romping around on the Internet, although there may well be a certain interest on the part of the customers in a purchase.
For example, traders who live in the Ore Mountains can specialize in the sale of Christmas decorations, which also play an important role in this region economically. The so-called candle arches are known nationally. These are light arches that have been put in the window by many people since the middle of the 20th century in the run-up to Christmas.
The dealer will find a genuine and handmade candle arch at numerous craftsmen in the Ore Mountains. And the costs for this are also kept within reasonable limits with an average of 50 euros. After all, the original candle arches from the Ore Mountains are traded on the Internet at significantly higher prices.
Step 2: Create an offer
As soon as the dealer has agreed with the craftsman, he needs the data for his product description and takes a picture of the candle arch. He then creates an attractive offer on eBay or another platform.
When it comes to pricing, the retailer should look at what his colleagues are offering. If it is too expensive, it will hardly be possible to find a buyer for it.
In any case, the price must be designed in such a way that the fees incurred for hiring as well as the costs for shipping are covered and a profit remains.
With an original candle arch from the Ore Mountains, the price can be around 80 euros. The dealer makes a profit of EUR 15.30 per sale. Because he has to expect 50 euros for the purchase, for the fees from eBay, which are 8.80 euros and also the shipping costs of 5.90 euros in his invoice.
What can be sold on eBay?
In principle, traders can sell everything imaginable on the auction platform, such as:
- Household products
- Electrical appliances
- Game consoles
- Games or
- extraordinary collector’s items
And even ordinary people can make a lot of money on eBay if they clear out their household and sell things that they no longer need. If you want to earn more than just a few euros on the side with your own eBay store, you should deal with some basic tips and internalize them. Then it is quite possible to earn more than just an additional income with eBay.
Tip 1: High resolution and good quality images
Every month, around 150 million users visit the eBay platform on their desktop computers alone. This fact also makes eBay interesting for the sale of used items that are no longer needed. The right picture is particularly important for a successful sale. It is of course not necessary to have the products made by a professional photographer, but retailers should make sure that the pictures they take are as good as possible so that they can sell successfully.
On the contrary, the self-made photos even exude a certain charm and inspire confidence and seriousness. The reason: the actual condition of the product can be seen as much better than with a professional glossy photo.
The more positive evaluations a dealer can book, the more successful the sale
.It is absolutely taboo to use photos of other users or pictures from the Internet. It is a violation of copyright law, which is punished severely and fined in painful amounts.
Tip 2: A perfect description and a perfect title
Many traders consider the headline to be the most important element in successfully selling. In the form of sales on eBay, however, this is not entirely correct. The reason: retailers who want to sell as many products as possible here must formulate the headings in such a way that they come as close as possible to the search requests of the site visitors. In any case, the dealers must choose a title that is as striking as possible.
This means that simply stating the brand of a product is far from sufficient for dealers who want to stand out from the crowd of sellers.
For example, if you want to sell a laptop, you should also provide information on the speed, size, weight and storage capacity. Because this information is extremely important for many interested parties.
In addition, the announcement of the sale must be formulated relevant to the user. Beginners can use the formulations of other retailers as a guide.
Tip 3: Research the optimal starting price
Once sellers post a product, they must also set the starting price. Even if the dealer wants to sell at a much higher price, it can be worthwhile to set the starting price at EUR 1.
As experienced sellers have found, the lower the starting price, the greater the interest of potential buyers.
At a low price, prospective buyers also bid much faster because they hoped for a bargain. However, this strategy only works if the products are sought-after and of high quality.
Tip 4: Use the Seller Tools
Sellers find a variety of useful seller tools on eBay. This is particularly worthwhile for retailers who want to sell many products because these tools make the sales process much easier.
Tip 5: The fee and the type of shipping
From the beginning, the topic of shipping costs caused unrest between the sellers and the buyers on eBay, which is not surprising. The usual practice of some sellers is to set the shipping costs as high as possible so that they can earn a few euros more for their items. However, if the seller only provides vague information about the shipping fees and sets them at an obviously overpriced price, the potential buyer is deterred.
Sellers who are not sure how much they should set the shipping fee can use the postage calculator, which they can find on the homepage of Deutsche Post. So you know in advance how high the shipping fees will be.
Even for beginners without any experience, it is quite possible to make money quickly by trading on the Internet. For this, however, they need a suitable product that, in the best case, also differs from the broad masses and is not available everywhere.
For example, dealers who specialize in selling regional products from their home country have very good chances of selling successfully. With a bit of luck, they will even find a gap in the market in search of the right product, with which they can generate a high and regular income.
For more details about Reliable ways to make money from home keep reading our blogs.
If you like our articles and you think it’s helpful for you and others then subscribe to our social media pages and share our articles.
” Facebook, Instagram, LinkedIn “
” Pinterest, Tumblr, Reddit, Twitter “