eBay Auctions

When you decide to sell something on eBay, it is wise to learn all the basics first. That way, you'll be able to surge ahead with no frustrating hold-ups. The first thing you will need to do is register. This is quite easy when you follow the instructions carefully and better still, it is free. There are a few points that you must adhere to, to register.

You must give a correct email address. If you don't, you will not be able to register. If your email address is from a free source, eg. Hotmail.com, it will not be suitable to verify your identity, so you will need to use a credit or debit card to do so. It is quite safe and will not be charged without your express permission, at any time. If you feel uncomfortable using your card, then you'll need to use a different email address - one from a paid Internet provider, a school or a company.

For selling purposes, ebay need to have both your credit/debit card and your checking account details. If you don't want to provide this, then it may be possible to use a service such as ID_Verify to verify your identification details, instead. This is done online and all you do is answer a series of questions that help to establish your identity. It will cost $US5.00.

Even before you have registered, you'll be able to find out a lot about ebay basics by simply surfing the website. You'll find out that ebay does not buy or sell anything for you. When you sell things on ebay, you just use the facilities they provide. You will need to pay them seller fees. To do this you can use your Paypal account, checking account (direct pay), credit card or by check or money order.

If you don't have a Paypal account, consider getting one. It's free and you'll be able to accept credit card and electronic check payments online from your customers quickly and easily. For this function to be activated, you'll need a Premier Grade account.

Other things a seller needs to do are:
* Inspect the article to make sure it is clean and free from flaws.
* Photograph the article so that the buyer will be able to see what is offered. This can be done with a digital camera or an ordinary camera and scanner.
* Write an accurate description of the article.
* Weigh the article to calculate freight costs
* Have adequate packaging on hand

Joining the discussion groups in the forums is also a good way to find out details of anything you may be wondering about. It is also possible to get a free telephone consultation with ebay experts if you run into problems or simply need advice.

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Once you have set up your business of selling on eBay it is a wise idea to continue to read and learn all you can about the process. There are some mistakes that you could make when selling on eBay that could cost you money. Some are quite simple and easy to correct once you know what they are. Here are some samples.

* Listing an item at the wrong time. Sunday evening is the time that most people have a few spare hours. It has been proven that this is the most popular time for surfing and buying online, so if you've set the timing of your auction to miss Sunday evening, you could be losing customers.

* What about photos? If you think they are unimportant, it could easily cost you the sale. People like to be able to see what they are buying and if you have several photos taken from different angles, so much the better. Another problem is the quality of the photos. Ebay has a list of good advice about the sort of photos that are the best. For instance, make sure that you have a plain background so that the product shows up well and there is no confusion as to what you are selling. The simple truth is good clear photos will help you get higher bids.

* Using too much animation, colored text and other distractions in an attempt to get the customer to notice you actually works in the opposite way. It provides great distraction and makes the listing very hard to read. If a customer has clicked on your listing, you already have his attention. The details then need to be as easy as possible to read and aimed at getting his bid, not his attention.

* Placing a reserve price on your item is a big mistake. Potential bidders are scared off when they see the "reserve not yet met" tag on your listing. You run the risk of having to sell at a ridiculously low price - and it might just be to some other seller who will sell your product a few days later at the price you should have got for it, had you done it right.

There are a few other mistakes you should watch out for. Not researching the proper value of an item before you buy it to resell at a profit is one. Ebay has tools you can use for research. Learn to use them for your own benefit. Buying emotionally is another one. If you see something you really, really want you are likely to pay much more for it than you need to, especially if it a collectable. A major mistake is failing to take responsibility for your mistakes. Once you learn what you are doing wrong you can easily change it. Why leave money on the table if you don't have to?