How to make money on ebay with little or no money to start

By steven316

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Everyone wants to know how they can make money online with little or no investment. I've found a way to make money on Ebay without spending your own money. Usually millions of buyers access to their own country’s registered eBay website. For example,eBayers from UK access www.ebay.co.uk ebayers from Australia access www.ebay.com.au. ebayers from USA and other countries access www.ebay.com This is usual practice. But it does not mean that eBayers in UK can’t access to ebay.com or ebay.com.au. Think about yourself, what ebay website do you usually access? You may think - so what? How will I make money utilizing this practice? I am here to explain you ways and help you to make some extra cash. Sounds interesting?

Instructions

Difficulty: Moderately Easy

Things You’ll Need:

  • A PC, online connection, a currency converter, and a ebay account, as well as a ebay seller account. and a Paypal account.

Step1
Open 3 tabs in your browser. 1 is for the USA Ebay website. 2 is for a foreign ebay website. For example Ebay.eu. The 3rd tab is for a currency converter.
Step2
Search for a general item on both the US ebay website and the foreign website. For example a playstation 3. When you have found similar listings on both websites, use the currency converter to convert the amount of the foreign currency. For example the Euro price for a playstation 3 price may be 450 euro which equals out to 639.72 USD. and in the Us the price of a playstation 3 equals out to 400 us dollars. Now that is a big difference.
Step3
Now that you have your product and price difference you can start making money. Here is what I do. I take the Us playstation 3 that is being sold, and I list it on the foreign ebay website for the regular foreign rate of the item. Now it is very important that you look at these key factors. 1. the US seller has to offer shipping to the Foreign country that you are listing the product in. 2. You have to accept and pay only with paypal. The reason is because it makes the transactions go faster and smoother. 3. Make sure the product that you are listing is in a buy it now format and the product that you are buying is in a buy it now format. 4. Make sure that when you list the product you look at all of the expenses that are going to effect your profit. For example the price of the currency conversion of when you are paid through paypal, and the shipping cost from the US location to the Foreign country's location. Now that you have everything figured out, When you are paid from the buyer in the Foreign country, Buy the product from the US website. Now when you buy the product IT IS VERY IMPORTANT THAT YOU PUT IN YOUR BUYERS FOREIGN SHIPPING ADDRESS SO THAT THE PRODUCT GOES TO YOUR BUYER AND NOT TO YOU. After all that is done you would have made about 200.00 dollars in profit without even spending your own money.

Tips & Warnings

  • Make sure that you are selling an item the is popular in demand. The laws of Supply and demand come into effect when you sell over seas.
  • It is easy to make sure that the product that you are selling is in stock if you sell an item that the US Seller has more then 1 is stock. For example, in the ebay listing the page will say how many of the specific product the seller has in stock.
  • If the product that you are selling on the foreign website is sold on the US website before you have a chance to buy it for your seller. Simply just find another product on the US website that is similar to the same price of the original. This is why I say use a product on that is popular on demand.
  • You may loose money if your product does not sell on the foreign website. And the way that you will loose money is that you will have to pay selling fee's for listing the item on ebay.
  • If you are in any way unclear of a step or how this works, Please email me your questions and I will answer them.

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eHow Article:  How to make money on ebay with little or no money to start

eHow Member: steven316

steven316

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Category: Business

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