eBay / Start Selling Used or New Items

eBay seller review quick take: eBay marketplace is where sellers can open their store and list items at a fixed price.

What is eBay?

eBay is an online marketplace that facilitates buying and selling of new and used products. With millions of users worldwide, eBay has become a go-to platform for people seeking to sell items they no longer need, launch small businesses, or showcase unique and handmade creations.

How eBay for Sellers Works

eBay provides a platform for sellers to reach a broad audience, from local buyers to international customers.

• Sellers on eBay create listings for their items, including detailed descriptions, images, and pricing.
• Buyers can then browse, bid on auction-style listings, or purchase items outright through fixed-price listings.

Creating a seller account on eBay is straightforward, and listings can be easily managed through a user-friendly interface.

Side Hustle Potential

For those looking to make extra money or establish a side hustle, eBay offers a flexible and accessible opportunity. Sellers can start by decluttering their homes or sourcing products to sell.

Requirements: The main requirements include a PayPal account for transactions, adherence to eBay’s seller policies, and a commitment to providing excellent customer service.

Average Earnings: eBay seller earnings can vary widely based on the type of items sold, market demand, and your efforts. Sellers can earn hundreds to thousands of dollars per month, with some turning their eBay ventures into full-time businesses.

Pros & Cons

Pros

• Global Reach: eBay provides access to a vast and diverse customer base.
• Flexibility: Sellers can set their own schedules and work at their own pace.
• Ease of Use: The platform is user-friendly, making it accessible for sellers of all experience levels.

Cons

• Fees: eBay charges fees for listing items and takes a percentage of the final sale price.
• Competition: Depending on the product category, sellers may face stiff competition.

Who is eBay Seller For

If you’re looking to make extra money from the comfort of your home, starting an eBay side hustle might be right for you.

How to get started

Compared to other online marketplaces, eBay marketplace offers a variety of ways to sell. You can list your items with a fixed price or a virtual auction where buyers can bid or buy now.

1. Sign in to your eBay account. You can sign up if you don’t have an eBay account yet.
2. Once you’ve registered an eBay account, you can create a listing for the item you want to sell. Lists your items, add photos and descriptions, and choose a price and shipping options.
3. When you complete your listing, you’ll be asked to add an automatic payment method, which you’ll use to pay eBay fees.

Our eBay Seller Review

In reviewing eBay for sellers, we learned it’s a good side hustle for those who enjoy hunting for unique items, entrepreneurs testing out e-commerce, or anyone with a knack for sales. The simple interface makes it ideal. Although, the fees may eat away at profits.

eBay Alternatives

Some eBay alternatives include Etsy, for handmade, vintage, and unique items; Facebook Marketplace for used items.