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You can sell an item occasionally or specialty
items around holidays and make a nice little sum of extra money or you can
become a full time seller on eBay and make all of the income you need by doing
nothing but selling on eBay but you wont have a part time job.
If you are considering selling on eBay as a the main source of income for
yourself and your family, you need to think of it in the same way you would
think of opening a shop on Main Street in your home town.
You may think of the Internet as a big impersonal, anonymous place. It isnt that
at all.
You will be building a reputation that will follow you and that reputation will
have a great deal to do with how successful you are.
The reputation that you build will be just like that of a real brick and mortar
business.
People talk...people exchange information and eBay makes it very easy. A few
negative feedbacks and you will find yourself out of business on eBay.
Build a good reputation by selling quality merchandise at a reasonable price.
Your word should be good. The product that you sell should be the product that
you advertise.
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There are two fees that eBay charges; the insertion fee and the final value fee.
The insertion fee is based on the asking price of the item. For an item that is
listed for under $1.00, the insertion fee is $.20. For an item that is listed
for $500 or more the insertion fee is $4.80.
The final value fee doesnt apply until an item is sold. If the item listed does
not sell then there is in final value fee.
For items that sell for $25 or less, the final value fee is $1.31. For items
that sell for more that $25, the fee is $1.31 plus 3% of the sales price over
$25.
The math might be a bit mind boggling but the fees are really very reasonable
when you think about the value of the advertising that you receive.
The Insertion Fee for Multiple Item Dutch Auction and Fixed Price listings will
never be more that $4.80 no matter how many items are listed.
However, the final value fee is based upon the sales price of each item rather
than on the total of sales. |
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