How Much Can You Make Selling on eBay?
If you sell on eBay, you’ll be completely in control of how much money you make. You can make $50 a month, or you can make thousands per week. eBay has been around for a long time, and the information is out there on how you can make a living on this online auction powerhouse.
Is it easy to make a living off of eBay? No, it’s hard work! Just like any other job, expect to do plenty of work. The biggest advantage of selling on eBay is that you’ll be working for yourself. You’ll be in control of your hours, and how many hours you put into your job. If sales numbers are up or down, you’ll have no one to congratulate or blame but yourself.
When you start selling on eBay, expect to spend a little bit more time establishing your feedback, reputation, and getting into the rhythm of selling. Once you have a system down, you’ll be able to list items faster and more efficiently (so if you ever broke it down hourly, your rate should be going up as you get faster).
How does a million dollars sound as an income? Well, it’s possible, but let’s not be unrealistic. The people that make a million dollars a year on eBay have warehouses of inventory that they sell. Right now, focus on making a part time income. Then, you can move on to a bigger part time income, then eventually a full time income. Who knows, you might even be able to hire some employees down the road and work a little bit less (or at least earn a lot of money). In the meantime, let’s focus on the here and now and start making a part time income.
A part time income on eBay can pay anywhere between just $50 a month to $2,000 a month. An extra $2,000 a month isn’t a bad thing to add to what you’re already making, and even $50 is nothing to sneeze at. When you’re deciding on what type of items you’d like to sell, keep in mind the selling price of that item, and the potential profit margin. You’ll probably never get rich about selling CD’s that cost under a buck, but you might have a good chance of making a good income from selling designer clothing or accessories. There are also many people that make a living off of selling digital products like eBooks. Some sellers have found an easy way to unload inventory without keeping it on their own premises in the form of drop shipping. Still others prefer to sell items they have found at a discount at local bargain stores.
What’s it like to be an eBay seller? eBay sellers have very different lives. Most of them make their own hours, but do tend to work at certain times of the day. While you might have plenty of free time in the summer, you could find yourself bulking up on work in the holiday season to take full advantage of the influx of buyers visiting the website.
So, how much money can you make on eBay? It’s all about how much you know about selling on eBay, and how much you’re willing to work!