Online product sellers use eBay auctions and listings to sell millions of products. Both home-based marketers and large businesses can use eBay. The company handles the database of auctions, product listings, seller accounts and buyer accounts for the sellers. Marketers that sign up to sell items on eBay also need a PayPal account to accept payments from customers. They can then receive money directly from customers for products sold through eBay listings and auctions.
Things You'll Need
- Internet access
- Bank account
- Credit card
Click on the "Register" link on the top of the home page at eBay.com. Fill in your personal details and an email address on the eBay registration page if you are signing up as an individual. You will also see a "Want to open an account for your company?" link on the registration page. Click on that to get the business registration form to sign up as a business entity.
Check your email address for a message from eBay with an "Activate Now" link. Click on that link to confirm your registration. A confirmation page will open to confirm your registration to buy and sell on eBay.
Click on the "Sign up for PayPal" link on the confirmation page. PayPal is an online service that allows users to send and receive money. You can use PayPal order buttons in your eBay listings to accept payment from customers when selling on eBay. Enter your details to get a free PayPal account.
Log in at eBay.com, and click on the "Sell An Item" link from the "Sell" menu at the top of the page. Click on "Start Selling" on the next page. The system then walks you through the process of placing your auction or flat-fee listings. You should follow the instructions to upload a picture of the product if you have one. Enter your PayPal email address from your PayPal account to seamlessly integrate payment processing into your eBay listings. Certain eBay listings also allow you to accept payment by check, cashier's check, wire transfer, payment upon delivery or other online payment options.
Pay for listing fees with a credit card, debit card, PayPal or electronic check. View the eBay fees page for a detailed overview of current eBay listing fees. As of 2010, fees range from about 8 to 15 percent, plus there is a small initial listing fee for some listings. EBay requires you to have a credit card for identity verification before paying by electronic check. You can still sell on eBay without a credit card by funding your PayPal account with bank funds. Log in at PayPal.com,and click on "Add or Edit Bank Account" in the "Profile" menu to add your bank account. You can then use the "Add Funds" feature to transfer funds from your bank account to your PayPal account.
Tips & Warnings
- You need to consider eBay's fees as well as the payment processing fees when using PayPal to accept payment. Refer to the PayPal domestic fees page for an overview of U.S. payment processing fees. As of 2010, the basic domestic fee is 2.9 percent. PayPal also has a separate fees page for cross-border payments. As of 2010, these fees are a maximum of 3.9 percent plus 30 cents per transaction.
- Do not list prohibited or restricted items for sale. You may not sell alcohol, tobacco, used clothing or a number of other items. Refer to eBay's overview of prohibited and restricted items.
- Photo Credit Pixland/Pixland/Getty Images
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