Sign up for an account
Before you get started in the world on eBay auctions and Buy-it-nows, you’ll need to sign up for an account. It’s simple to do, and only takes a couple of minutes. eBay does allow you to change your username, but it’s worth picking one you’re going to stick with so any repeat purchasers can easily find you.
There are different types of account you can sign up for – private seller and business, and it’s important to know who should sign up for each. If you’re consistently buying things for the sole purpose of selling them on, you probably need to think about registering as a business seller rather than private.
List your item
Once you know what it is you want to start selling on eBay , whether it’s a couple of unwanted items or something you want to become a specialist seller in, you’re going to need to put them up on the site. Research which category would be best for your items, and also whether you want to list it only in the UK, or worldwide. A good way to find the right category is to have a search and see what categories other people have used for similar items.
You’ve also got different ways to sell your items – auction and Buy It Now. Auction listings are what eBay first became known for with buyers bidding the highest amount they’d be willing to pay for your item and the final price being decided by the highest bidder. With Buy It Now, you decide the price you are willing to sell it at.
Decide on price and postage
Do a bit of research into what other people are charging, so that you know you aren’t being unreasonable, or too reasonable! eBay charge different fees based on the price you list your item for, so best to keep this in mind!
Remember, your listing needs to include information about how you’ll post the items out. If you’re not sure about prices you can always get a quick quote online from My Parcel Delivery.
Wait for bids and buyers
This is where the fun begins! Watch your bids come in, look out for any questions from buyers and be ready for when your auctions end and items sell so you can post them out.
Whether you want to set up an online business, or you just want to sell a couple of items – you still need to work out what it is you want to sell. eBay is an enormous marketplace and you can sell everything from buttons to buses. Some of the highest selling categories in the UK are brand name consumer tech (that’s your Apple, Samsung etc), trendy fashion, furniture and even Lego – which has almost two searches every minute.
eBay charges different selling costs for different items, and as you’d expect, a car costs more to list than a pen! As a general rule, big items likes cars and houses have bigger fees than small items like used clothes. There’s also different rates for private and business sellers. As a private seller, each month you can list 20 things for free, and any items above that they charge £0.35 per listing. If you’re a shop, you pay a monthly subscription that gets you 100 free listings. There’s also final fees and a fee if your buyer uses PayPal.
You can use eBay’s fee calculator to get a better understanding before you take the plunge!
Whilst it used to be a requirement, Paypal is just one payment method for buying and selling on eBay. It’s one of the easiest to use and most secure websites on the internet, so any first-time buyers might feel more at ease if they can pay you with Paypal.
eBay offers sellers two different ways to shift their items, and you need to work out what’s best for your items– and who you’re selling them to. The benefit of Buy It Now, is you can set a specific price and it’s great for if you have more than one of the same item to sell, for example Manchester United football scarves. With an auction, you won’t know the final selling price until the auction ends, although you can set a “reserve” if there’s a minimum amount you’ll accept. Auctions are great for used items and anything you’re unsure about the value of. You might even get lucky and lots of competing bids give you a great sale price for your item.