First lets set the record straight so we are both talking the same language. Every business on this planet sells either a product i.e. a widget or a service i.e doctor selling his time.
Ebay is no different and to make a living selling on ebay, we sell physical products.
Ebay is simply a platform where we have the ability to sell products however… unlike a conventional bricks and mortar shop we don’t have to dress up and drive to work every day. We can stay at home, or work from anywhere on the planet where we have internet access. And… the great thing with an ebay business is, we can almost fully automate it including packing so we can take extended holidays for weeks or months on end.
In essence… ebay is simply a platform which has 162 million active users and from your lounge room while dressed in your pajamas you can list an item on ebay. It then has the potential to be seen by 162 million + people and… for new products, you can sell each of them over and over again.
If you have the internet, you can make a living selling on ebay.
The ease of automation of an ebay business comes from the choice of which products we sell i.e new or used with the selling of new items the easiest to automate.
There are many options when it comes to which items to sell including new, used, dropship, close out stock, garage sales, importing etc etc
We prefer to sell new items as they can be photographed once and then sold over and over again. We also find new items to be the most profitable and take the least amount of time to research.
With new items which can be purchased over and over again from a supplier, each new item is a cash cow which can continually bring in more sales day after day, week after week, and even year after year.
The difference between a small ebay business and a large one is simply how many of these repeat selling items it has listed.
Each item is essentially a separate business as it continually generates sales revenue.
The great thing with an ebay business is we can just keep adding more items.
To make a living selling on ebay you need to learn 4 things.
- How to do research and find new products
- How to make / get made a professional looking ebay store template
- How to list your items on ebay so they show near the top of the search results
- How to maintain your ebay feedback score
The great thing is these 4 components can be easily learnt by anyone.
To make a living selling on ebay, like all businesses, it does take some time and patience to learn the methodologies. However if you are looking for a business which is scalable, can be almost fully automated, and works from almost anywhere on the planet, it is well worth learning how to make a living selling on ebay.
To your success