ONLINE AUCTIONS YOU NEED TO HAVE A GOOD SYSTEM (read more)

I HAVE BEEN SELLING ON eBay FOR MANY YEARS. I HAVE LEARNED HOW TO MAKE MONEY WITH EBAY.

EBAY DEFINITELY HAS THE WEBSITE TRAFFIC. THE ODDS OF SELLING SOMETHING OR THE SELL THROUGH RATE IS GOING TO BE BETTER SELLING PRODUCTS ON eBay THAN ON ANY OTHER ONLINE AUCTION WEBSITE BY FAR IN THE LONG RUN.

WHEN I REALLY WANT TO SELL AN ITEM I KNOW THAT I CAN PRETTY MUCH BE SURE THAT IT WILL SELL IF I GO AHEAD AND LIST IT ON EBAY. "BOW DOWN TO EBAY!! OH GREAT GIANT SELLING MACHINE!!"

I GUESS EBAY KNOWING THIS FACT ENABLES EBAY TO CONTINUE TO RAISE LISTING FEES. MANY SELLERS HAVE TRIED TO REVOLT AGAINST EBAY THROUGH THE YEARS TO NO AVAIL! EVENTUALLY AUCTION SELLERS THAT VENTURE OUT LOOKING FOR LOWER COST AUCTION HOUSES ONLINE COME CRAWLING BACK FOR A GOOD REASON.EBAY HAS TRAFFIC.MILLIONS OF PEOPLE GO STRAIGHT TO EBAY EVERY DAY TO LOOK FOR SOMETHING TO BUY.WITHOUT TRAFFIC YOU HAVE VERY LITTLE CHANCE OF SELLING YOUR PRODUCTS.BUT GETTING ACCESS TO THIS TRAFFIC COMES AT A PREMIUM.CHECK OUT THE EBAY FEE TABLE HERE.

Click here to see ebay fee structure

NOW YOU MIGHT SAY TO YOURSELF "THAT DOESN'T LOOK LIKE VERY MUCH MONEY!" BUT WAIT A MINUTE. STOP AND MULTIPLY THESE FEES BY THE NUMBER OF ITEMS YOU MAY HAVE TO LIST. I GUESS IT'S O.K IF YOU ARE JUST LISTING A COUPLE OF ITEMS IN YOUR SPARE TIME TO TURN YOUR ODDS AND ENDS INTO SOME EXTRA CASH. BUT SAY YOU ARE SERIOUSLY GOING TO TRY AND SELL A WHOLE BUNCH OF ITEMS? START BY MULTIPLYING THESE RATES BY SAY FIFTY OR SAY ONE HUNDRED OR EVEN TWO HUNDRED ITEMS!.NOW DO YOU SEE WHERE I'M GOING WITH THIS.

NOW SAY YOU'VE LISTED EVEN FIFTY ITEMS.UNLESS YOU HAVE A PRETTY GOOD IDEA THAT ALL OF THESE ITEMS ARE GOING TO SELL THIS IS WHERE THE HURT COMES IN.

SAY YOU LISTED THOSE FIFTY ITEMS AND MAYBE ONLY TEN SELL.WITHOUT GETTING INTO THE MATH SPECIFICALLY I THINK THAT YOU CAN SEE WHERE THIS IS GOING.

ANOTHER THING THAT I MUST MENTION IS THE PAYPAL FEES.YOU HAVE TO FACTOR THE PAYPAL FEES INTO YOUR COST OF SELLING EACH ITEM.PAYPAL FEES ARE BASED ON THE TOTAL FINAL SALE PRICE OF THE ITEM PLUS THE SHIPPING AND HANDLING.IF YOU ACCEPT PAYPAL AS YOUR FORM OF PAYMENT WHICH MOST OCCASIONAL SELLERS USE BECAUSE OF THE CONVENIENCE FACTOR.

PAYPAL CHARGES THEIR PERCENTAGE BASED ON THE TOTAL SELLING PRICE OF THE ACTUAL ITEM+ SHIPPING AND HANDLING! TIMES THE PERCENTAGE FOR MOST IT'S 2.9%+ .30USD PER ITEM= PAYPAL FEE .NOT JUST THE ACTUAL PRICE THAT YOU SELL THE PARTICULAR ITEM FOR.YOU HAVE TO FACTOR THIS INTO YOUR TOTAL COSTS OF SELLING THE INDIVIDUAL ITEM.ANOTHER THING TO NOTE IS THAT THE PAYPAL FEE OF 2.9% IS ONLY APPLICABLE IF THE PERSON MAKING THE PURCHASE IS USING THE MONEY THAT IS ALREADY IN THEIR PAYPAL ACCOUNT. IF THE PERSON USES A CREDIT CARD, WHICH MORE AND MORE PEOPLE DO,THE FEE JUMPS UP TO 4.9% + $0.30 USD. I WON'T EVEN GET INTO THE RISK OF A PERSON DOING A CHARGE BACK ON YOU AFTER YOU SHIP THE ITEM TO THEM!. IT DOESN'T HAPPEN FREQUENTLY BUT IT DOES HAPPEN AND WHEN IT DOES OUCH!.WELL THAT IS A WHOLE OTHER SUBJECT.

PAYPAL CAN DO THIS BECAUSE THEY ARE A PAYMENT PROCESSOR. PAYPAL FEES ARE BASED ON THE TOTAL AMOUNT OF MONEY THAT YOU RECEIVE FOR EACH TRANSACTION.PAYPAL DOES NOT TAKE INTO CONSIDERATION THAT THE AMOUNT THAT YOU ARE RECEIVING FOR THAT PARTICULAR TRANSACTION IS PARTLY THE ACTUAL MONEY THAT IT IS GOING TO COST YOU THE SELLER TO MAIL YOUR ITEM TO THE BUYER.
Click Here to see Paypals fees Then Click the Fees link at the very bottom of the Paypal page to view actual Paypal fees

ANOTHER THING THAT I MIGHT AD IS THAT PAYPAL HAS A SLIDING SCALE FOR SELLERS BASED ON THE AMOUNT OF SALES A SELLER MAKES PER CALENDAR MONTH WHICH IF YOU DO NOT SELL OVER THREE THOUSAND DOLLARS OF GOODS A MONTH YOU WILL BE ON THE HIGHER END OF THE SCALE WHICH IS 2.9% + .30CENTS PER TRANSACTION
Click Here to see Paypals fees Then Click the Fees link at the very bottom of the Paypal page Then click in the link in the Receive payments box to view an explanation of this rule

IF YOU ARE GOING TO SELL WITH ONLINE AUCTIONS YOU NEED TO HAVE A GOOD SYSTEM. ALSO YOU WILL NEED TO KNOW WHERE YOU CAN GET PRODUCTS THAT WILL BE PROFITABLE FOR YOU TO PAY THESE LISTING FEES AND STILL BE ABLE TO MAKE MONEY.IT IS ONE THING TO TAKE SOME STUFF OUT OF YOUR CLOSET AND SNAP A COUPLE OF PHOTOS AND LIST THE ITEMS FOR SALE.IT IS ANOTHER THING COMPLETELY TO TRY AND SELL PRODUCTS ON A REGULAR BASIS AND STILL BE ABLE TO TURN A DECENT PROFIT.IF YOU DON'T HAVE A SYSTEM IN PLACE TO FOLLOW THESE FEES AMONG OTHER IMPORTANT ASPECTS OF SELLING PRODUCTS ON eBay WILL DEFINITELY HURT YOUR CHANCES OF SUCCESS WITH YOUR ONLINE AUCTION SELLING