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Selling Used Items on eBay and Amazon for Beginners
Rating: 4.2 out of 5(671 ratings)
31,359 students
Last updated 10/2018
English

What you'll learn

  • Understand which selling platform is better to list your household items on - eBay or Amazon.
  • Conduct presale research to maximize their sales price and volume on eBay and Amazon.
  • List their items on eBay and Amazon to make extra cash.
  • Ship their customers orders and save money.
  • Signup for an eBay Seller account and start selling today!
  • Signup for a PayPal account to accept payments from eBay sales (Transfer your money from your PayPal account to your bank account for free).
  • Know how to increase their eBay selling limits
  • Ask unlimited questions to the instructor and get help along the way to their success.

Course content

3 sections13 lectures36m total length
  • Signup for an eBay Account3:13

    How to Setup an eBay Account

    eBay gives you an easy access to a worldwide customer base - who is looking to buy the products you're selling. Getting started with eBay is virtually risk free for you. You don't need any startup capital and you don't need to take out a loan. You benefit from massive amounts of internet traffic. There are safety measures that protect buyers and sellers from fraud. Your income potential is virtually unlimited and is only limited by…your ability to find items to resell. Your knowledge of creative selling techniques and your time.

    You can list a product immediately and make a sale on eBay within 6 hours of listing that item. If you're new to selling and marketing then eBay is a great solution. eBay does all the marketing for you. The best part is, eBay only gets paid when you make a salet! eBay is a great way to test which items sell and which ones don't sell.

    Go on your desktop, laptop, or tablet. Make sure you log into one of those options before continuing. Go to ebay.com and click register on the top left corner of your screen, where it says “sign in or register” This will prompt you to the “Get Started with eBay” page and you can proceed to type in your “first name, last name, email address, and password” By clicking submit you agree to eBay terms and conditions.

    eBay will send you a welcome message and now you've created an eBay account. You're not done just yet. You still need to learn how to create an eBay selling account. Go to the top left hand corner of your screen and click on your name. A tab will appear and click on “account settings” This is where you can access your account information at anytime.

    Next you need to click on the sell tab that is located on the top left corner of your screen. eBay will prompt you to a page where you need to “update your information” You need to type in your “country, street address, zip code, city, state, and phone number” and click continue so eBay can update your information.

    Next you want to access your eBay “selling manager” this is where you can keep track of sold, unsold, and active inventory listings you have listed on eBay.

    Go to your messages and click on the “eBay welcome message” and click on account preferences. You'll be prompt to your account information and click on edit to the right of your “user id” eBay will require you to confirm your password before you can make any change to your ID.

    The final step to creating your eBay selling account is to click my account and then on eBay store subscriptions. You do not need an eBay store in order to create a selling account. You'll notice that eBay says “you do not have an active sellers account” click on that link and then confirm your personal information. eBay will call you immediately to confirm your identity. This will prevent fraud. Next type in your credit card information because this is how you pay your eBay commission fees every month after you sell an item.

  • Signup for a PayPal Account2:05

    How to Setup a PayPal Account

    You'll quickly come to know that eBay and PayPal work hand and hand. Especially when you're first starting out. PayPal is owned by eBay and eBay requires you to use PayPal to accept payments when you're first start to sell. Because of this you're forced to create a PayPal account to sell on eBay. So lets get you started!

    Go to ebay.com and go to my “account settings” Scroll all the way down to “my PayPal” and click “link my PayPal account” This will take you to the PayPal website and you can click “I don't have a PayPal account” Type in the same email address that is associated with your eBay account and create and confirm your password. You need to review your account information and then click continue.

    Now that you've created your PayPal account you need to finish linking your eBay and PayPal accounts in order to sell on eBay. Go back to eBay “account setting” and click “link my PayPal account” and now type in your PayPal email and password that you created and click “link my account”

    Now that your eBay and PayPal accounts are linked. Go to PayPal.com and login. PayPal will prompted a screen that requires you to create two security questions to protect your account. Any time you're dealing with a financial account you want it to be secure as possible.

    You're going to need to link your credit card, bank account, and social security number with your PayPal account. This is to prevent fraud and confirm your true identity.

    You're going to have to rely on your abilities to adapt and learn new things. Throughout this book you're going to be introduced to websites and tools you're not familiar with. Most websites have knowledge bases and videos that will teach you to how to use their websites properly. Your ability to learn these new skills will determine your success.

    Once you sign up for a PayPal account and make your first sale, you'll notice that eBay holds the sale transaction money into your PayPal account for up to 21 days. This is to prevent fraudulent transactions. eBay has standards that you need to live up to in order for you to sell on eBay long term. You need to be patient because eventually they will not have that 21 day limit placed on you. This is only for new sellers to prevent fraud. When you upload your tracking number for each order, PayPal will release the funds 2-3 business days after your customers order has been received.

    To start, PayPal charges 2.9% merchant service fee on every transaction. Once you start selling more, that will be automatically be lowered to 2.5% or 2.2% depending on your volume of sales. You will get to that point eventually, you just have to be patient throughout the process. This is easy to accomplish, you just need time. Like Frank Sinatra said if you can do it here, you can do it anywhere. Meaning if I can do it, you can do it.

  • Increasing eBay Selling Limits1:50

    How to Increase eBay Selling Limits

    After you've created an eBay selling account, you're limited to listing 50 items or selling $5,000 per month. Selling limits serve the purpose of preventing fraud. eBay does a background check on every seller to make sure their legitimate.

    It's easy to increase your selling limits. You're going to have to be patient. You'll need to sell some products and max out your selling limits during your first month and receive 5 star feedback from those transactions.

    After one month you'll be able to call eBay and explain to them your business plan and they will increase your selling limits each month by about 80%. eBay will want to know where you're getting your products, how many products you want to list, and what the average sale price is.

    eBay will also hold your funds into PayPal for up to 21 days after you sell the item. Which limits your cash flow.

    eBay wants you to call every month and speak with their experts to talk more about your business and more about you. They'll want to know where you get your products. What other platforms you're using. They will mostly go by your past selling performances. eBay will increase your limits based off your selling habits and tailor the limitations to your business needs. They will increase your limits every 30 days immediately after a phone call with a representative.

    Since I'd have about 530 positive feedback and 100% positive feedback, asking for increases every 30 days was easy and I was getting a 75% increase in both categories. After about 1 year or 12 calls to talk to eBay about increasing my selling limits. eBay raised my limits to 2,500 items per month and could list $1,300,000 worth of items.

  • Amazon Product Bestseller Rankings1:31
  • eBay Completed Listings3:21
  • Don't Use eBay Auctions1:22

Requirements

  • Students will need used items to sell.
  • Amazon account in good standing
  • eBay account in good standing (if not, there is a lecture in the course that will teach you how).
  • PayPal account in good standing (if not, there is a lecture in the course that will teach you how).

Description

Hi, my name is Matt Bernstein, successful Udemy instructor with over 175,000+ students across 198 countries.

From an eBay and Amazon standpoint, I’ve been selling online since 2006.

At the end of the course you'll learn how to…

  • Understand which selling platform is better to list your household items on - eBay or Amazon.

  • Conduct pre-sale research to maximize sales price and volume on eBay and Amazon.

  • List your items on eBay and Amazon to make extra cash.

  • Ship the customers orders and save money.

Who should take this course? Who should not?

  • Anyone who wants to make extra money on eBay and Amazon.

  • Students who have no experience and want to get started with eBay and Amazon

  • Students who are shipping items for the first time.

  • Students who want to understand the differences between eBay and Amazon.

Who this course is for:

  • Students who have no experience and want to get started with eBay and Amazon
  • Students who want to sell their household items and earn extra cash
  • Students who are shipping items for the first time and have no idea how to save money doing so
  • Students who want to understand the differences between eBay and Amazon.