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How to Start a Consignment Business Using eBay

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By jeannie27103
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Start a Consignment Business Using eBay
Start a Consignment Business Using eBay
eBay is a registered trademark and use of logo must be requested in writing

I have made over $1000 in the last 30 days selling on eBay. I've cleaned out my boyfriends storage, bought at yard sales, and started a consignment business. See my other How To for tips on using eBay.

Difficulty: Moderately Easy
Instructions

Things You'll Need:

  • eBay log in
  • Digital Camera
  • Creative mind
  • desire to make money
  1. Step 1

    The first thing you want to do is pick a name for your business. Then contact the IRS (www.irs.gov) and request a tax id number. Next we will focus on advertising.

  2. Step 2

    Advertise by creating flyers, business cards, and word of mouth. You must contact eBay in writing to get permission to use their name on your advertising. Get these flyers out to everyone. Focus on people who want to clean out the attics or make some money. Be up front about your fees!!

  3. Step 3

    Set a fee schedule. I would highly suggest setting up a spreadsheet or database. You need to decide what you will charge if the item doesn't sale or you may decide not to charge but you will have fees for all items listed on eBay. Decide on a fee schedule if the item sales. Realize that you must pay for shipping (The buyer pays but you have to fork out the money)

  4. Step 4

    See my other how to for tips on selling on eBay. Be vigilant and provide the utmost in customer care. You will have repeat business this way. Once an item sells get the money to your client quickly as this builds trust.

Tips & Warnings
  • Allow the clients to view their items on eBay
  • Ask that the owner provide the description when possible
  • Research the item carefully to get the highest price
  • Create a contract and have each client sign BEFORE you list their item
  • Have fun with it and make some money!!!!
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