Making More Money on eBay and Other Auction Sites

On-line auctions are a great way to make extra cash. They are convenient and you can easily find almost anything on the planet you're looking for. It's easy to get started and you can do your business on line to a wide variety of customers.

First, you must become familiar with the different auction sites. There are many to choose from such as eBay, Yahoo, Amazon and Boxlot. Go to the different auction sites and become familiar with the seller requirements. Do you want to accept payment by a credit card? It will require you to give your credit card information to the site. They may be willing to accept payment by PayPal and getting a PayPal account is easy and free. Find out what fees, if any, the sites charge. You will want to know that so you can add that to the price of your goods.

Second, when you have found an auction site that you like, look at the specific features they offer. Look at the categories and see where your products will fit. It's a mistake to think the fewer items in a category will allow you to sell more. The smaller categories don't normally get the same traffic as a site with good competition.

Look at what your competitors are selling. Check out their prices and what they charge for shipping. What payments do they take? You will want to be competitive with similar merchandise.

Once you've decided which site or two is best for your goods, the final step is to register with the site. It could take up to 24 hours to be approved and registered.

Remember, as a seller, sites often offer reviews. So, when you receive an order, get it out in a timely manner. It will create repeat business and good advertising. You can make money on eBay and other auction sites; it's fun and profitable!

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Sourceswww.about.com