Make Money On eBay – Don’t Lose It!

This post was written by Internet Marketing John on October 7, 2009
Posted Under: eBay Business Information

Here are some ways to make money on eBay without losing it!

We all know that selling your items on eBay, is a great way to make some money on the side.

If done properly, you can even make a good living for yourself, however, there are some tricks to the trade you need to know before you lose money on eBay.

EBay sellers are required to pay fees for listing their items on their website.

Generally, two separate fees are charged. One for listing your item; called an insertion fee and a final sale fee, which is charged to you, after your item has been successfully sold.

The last fee, or final sale fee, is normally a percentage of the final value of what your item sold for.

It is only charged when your item is actually sold on eBay’s site.

If you want to make money on eBay, and become a successful eBay seller, you need to take the time to fully understand these fees.

For instance, many are not aware that if your item is not sold the first go around, you are still required to pay the insertion fee.

Although it may not seem like a lot, if you have a substantial number of items listed; like coin dealers or antique vendors do, and your listed items don’t sell; you could wind up on the short end of the stick.

You also need to know, that the these fees are applicable when you re list your items for auction.

If you want to make money on eBay, you must also pay attention to all the additional fees that eBay charges their clients.

Photographs and good product descriptions, greatly increase your chances of making a sale on eBay.

You may not know that eBay allows only the first picture of your item to be posted for free.

Any additional digital pictures will cost you. They can be purchased for a small fee, however that small fee over time quickly adds up, and also reduces your bottom line.

Many eBay sellers limit the number of descriptive pictures they insert in their auctions for this reason.

Although this appears to be sound reasoning, it can cause your listing not to sell.

Fortunately there are free sites like Auctiva, or PhotoBucket that allow you to add additional photo descriptions to your eBay auctions.

Both sites require registering, and are currently free to use.