• Have you ever sold anything on eBay?
  • Have you ever sold anything on eBay?

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  1. #1
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    Have you ever sold anything on eBay?

    I know someone who started up a home business where they find old items at yard sales and auctions, clean them up a bit, and then sell them on eBay. Apparently, they make $800 to $1200 a month doing this. Someone on another forum mentioned that they do this with clearance items they buy in stores. They buy the items for 70% to 90% off and charge the full retail price.

    I have never tried selling anything on eBay before but I have considered opening a store. I always buy things that I enjoy for a while but then they end up in boxes packed away and collecting dust. I think it might be a good way for me to earn some extra income. I am just not sure how eBay works.

    Anyone here ever sell anything on there before?

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    I've actually done this exact thing, and yes, there is money to be made. However, you really need a discerning eye or you'll end up wasting more money than you make. Ideally, you want items that are nearly guaranteed to resell, can be purchased cheaply, and allow you to charge a high markup. Video games are a perfect example; outside of sports games and highly popular stuff like Call of Duty, video games usually sell out within a few days of being listed, and even though you can sometimes charge a lot of money for them, many people (particularly at yard sales) are willing to give them up because they consider them worthless toys.

    Another surefire way to make some cash is to find people who are more interested in getting rid of things than making money. If I had to venture a guess, I'd say that about half of yard sales are usually people just trying to lighten their load. As a result, many people are willing to give you things for dirt cheap -- sometimes even free. I've found tons of cool and valuable stuff like an antique Japanese tea set that a lady and her husband gave me for 50 cents. If you're smart, you can load up an entire car full of product with $20. Even if 3/4 of it doesn't sell, you'll profit greatly.

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  4. #3
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    Woo, first time I've been on OSN in a while, and I knew there would be an eye-catching post!

    I have been selling on eBay since December 2017. You can find my store here: https://www.ebay.com/str/alchymistscorner

    It's a great hobby/source of secondary income! I started by just selling stuff in my closets that I wasn't using/didn't need anymore, and from there expanded into trips to yard sales, Goodwill, local music/book stores, etc. I'm not making as much as the person you mention, but I make an extra $50-200/month usually. eBay takes a fee from what you sell, but offers 50 free listings/month. It's well worth it even if you just use the 50 listings/month; you probably won't sell a ton of things having only 50 items in your store, but it's always nice to hear my phone go off with the 'ka-ching' sound!

    If I had to wager, I'd say look for items you can acquire cheaply (70-90% off) or free, as the eBay fee, Paypal fee and shipping will eat into your profits if you spend too much on any one item. And if you're looking to start a business, invest in a printer and a postal scale (this way you can weigh your packages at home/print your own shipping labels). It saves you LOADS of time standing in line at the post office!
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    Gotta be honest, I can't add much to this thread. I've used eBay pretty casually. I just do what most would do: sell old or unwanted belongings. Years back I used to make some extra cash reselling codes, like Xbox Live for example, but eBay clamped down on digital purchases somewhat. Sometimes I've purchased discounted items with the intention of holding onto them and later selling them at a higher price. I did that with some Lego figure promotions. I got a bunch of them for £2 a piece and either auctioned them or sold them as Buy It Now. Auctions often reached £30 or more. Some people will pay crazy money for Lego.

    Having said that, I've since disagreed with this because despite the item being a British exclusive (and most buyers were from the United States) it's pretty much scalping. Won't do anything like that again. (Cel scalpers are assholes, but at least I know I was an asshole to do that. )
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    Never sold anything. Bought quite a bit of things of ebay. Music CDs, some t-shirts and old comic books but I never actually sold anything on there.

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    Quote Originally Posted by StarDood64 View Post
    I've actually done this exact thing, and yes, there is money to be made. However, you really need a discerning eye or you'll end up wasting more money than you make. Ideally, you want items that are nearly guaranteed to resell, can be purchased cheaply, and allow you to charge a high markup. Video games are a perfect example; outside of sports games and highly popular stuff like Call of Duty, video games usually sell out within a few days of being listed, and even though you can sometimes charge a lot of money for them, many people (particularly at yard sales) are willing to give them up because they consider them worthless toys.

    Another surefire way to make some cash is to find people who are more interested in getting rid of things than making money. If I had to venture a guess, I'd say that about half of yard sales are usually people just trying to lighten their load. As a result, many people are willing to give you things for dirt cheap -- sometimes even free. I've found tons of cool and valuable stuff like an antique Japanese tea set that a lady and her husband gave me for 50 cents. If you're smart, you can load up an entire car full of product with $20. Even if 3/4 of it doesn't sell, you'll profit greatly.
    I have actually done a few garage sales before. I was more aless just adding to my mom's sale. She used to do one every year just to get rid of clutter. By the last day, we were just taking whatever deal people gave us so you are right on that. In a way, ebay kind of is like an online garage sale when you think about it. lol

    I'll have to plan something out.

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    Quote Originally Posted by Alchytect View Post
    Woo, first time I've been on OSN in a while, and I knew there would be an eye-catching post!

    I have been selling on eBay since December 2017. You can find my store here: https://www.ebay.com/str/alchymistscorner

    It's a great hobby/source of secondary income! I started by just selling stuff in my closets that I wasn't using/didn't need anymore, and from there expanded into trips to yard sales, Goodwill, local music/book stores, etc. I'm not making as much as the person you mention, but I make an extra $50-200/month usually. eBay takes a fee from what you sell, but offers 50 free listings/month. It's well worth it even if you just use the 50 listings/month; you probably won't sell a ton of things having only 50 items in your store, but it's always nice to hear my phone go off with the 'ka-ching' sound!

    If I had to wager, I'd say look for items you can acquire cheaply (70-90% off) or free, as the eBay fee, Paypal fee and shipping will eat into your profits if you spend too much on any one item. And if you're looking to start a business, invest in a printer and a postal scale (this way you can weigh your packages at home/print your own shipping labels). It saves you LOADS of time standing in line at the post office!
    Do you know what percentage ebay and paypal take by chance? I mean I know I could end up making little for my time which is something I don't want to do.

    I also know there are sellers who use Amazon Prime and sell items from Amazon on ebay, they just make the cost slightly higher and ship the items as a gift so no information is given to the person buying the item. I can't tell you how many times I have gotten stuff on ebay and received an Amazon package lol

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    eBay has been my Mom's job since approx. 1998, although I think she opened her store on eBay in 1997. In late high school and my first 2 years of college it was my primary job as well, particularly around this time of year since she sells costumes. Back in the day though, we were your average yard sale re-sellers. Pokemon (mind you, this is 1998-1999) items could be flipped for 2x - 10x what you paid for them well into the 2000's, as well as Toy Story stuff for some reason.

    @ Korin, the fees are dependent on the final sale price of the item. Buy It Now listings vs. Auctions have a different fee structure. PayPal takes a cut as well when you get paid, usually around 12%, but it can be higher or lower depending on the amount as well. If you are a "Power Seller" or have certain other rankings (selling a certain amount of things in a given calendar year) eBay will take a lower fee to reward you for the volume of business you are conducting.

    I've also been a customer on eBay for many many years, I opened a bank account, PayPal, and eBay account when I was 13 to buy and sell. It's also where I get most of my games from to this day, since I buy games on physical media exclusively when the option exists but I hate paying $60 so I get almost everything 3/4 months late on eBay for $20-30 instead. A few exceptions are made for my 2 or 3 favorite series but even those I have been buying used in recent years. I have so many collector's editions and Steelbooks I just don't care anymore about getting the Day 1 crap anymore, I need my extra $30 more than that.
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  12. #9
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    Quote Originally Posted by Zemekis View Post
    eBay has been my Mom's job since approx. 1998, although I think she opened her store on eBay in 1997. In late high school and my first 2 years of college it was my primary job as well, particularly around this time of year since she sells costumes. Back in the day though, we were your average yard sale re-sellers. Pokemon (mind you, this is 1998-1999) items could be flipped for 2x - 10x what you paid for them well into the 2000's, as well as Toy Story stuff for some reason.

    @ Korin, the fees are dependent on the final sale price of the item. Buy It Now listings vs. Auctions have a different fee structure. PayPal takes a cut as well when you get paid, usually around 12%, but it can be higher or lower depending on the amount as well. If you are a "Power Seller" or have certain other rankings (selling a certain amount of things in a given calendar year) eBay will take a lower fee to reward you for the volume of business you are conducting.

    I've also been a customer on eBay for many many years, I opened a bank account, PayPal, and eBay account when I was 13 to buy and sell. It's also where I get most of my games from to this day, since I buy games on physical media exclusively when the option exists but I hate paying $60 so I get almost everything 3/4 months late on eBay for $20-30 instead. A few exceptions are made for my 2 or 3 favorite series but even those I have been buying used in recent years. I have so many collector's editions and Steelbooks I just don't care anymore about getting the Day 1 crap anymore, I need my extra $30 more than that.
    So this is why people hassle me when I give them a negative review. LOL I didn't know they had a ranking system that gives discounts.

    There isn't a fixed % for what ebay takes? Like for new shop owners?

    And 12% from Paypal... Yikes. That is a hefty percentage for simply making a transaction with someone. I heard ebay and Paypal are parting ways starting in 2020 or something like that.

  13. #10
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    Quote Originally Posted by KorinKitty View Post
    There isn't a fixed % for what ebay takes? Like for new shop owners?
    It depends on your seller ranking and how much the item sells for. They just take like 3% or so if it's under $5 but it climbs quickly as the product's sale price rises.
    "Out of the ground, raze all greenery with flame! Fire2!"
    Quote Originally Posted by Starwind55 View Post
    It deals with a demon virus that transforms people into freaky looking fuckers

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