Comments on: How Not To Make Money On EBay http://money-watch.co.uk/4503/how-not-to-make-money-on-ebay UK Personal Finance Blog, Money Information and Links. Fri, 30 Jul 2010 12:33:13 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: katec http://money-watch.co.uk/4503/how-not-to-make-money-on-ebay/comment-page-1#comment-70893 katec Thu, 13 Nov 2008 10:20:31 +0000 http://money-watch.co.uk/?p=4503#comment-70893 You can make money on ebay you just need to be clever with what you choose to sell, make sure that you have full descriptions and any question that you do get asked you should bear in mind for your next sale. You can make money on ebay you just need to be clever with what you choose to sell, make sure that you have full descriptions and any question that you do get asked you should bear in mind for your next sale.

]]> By: plonkee http://money-watch.co.uk/4503/how-not-to-make-money-on-ebay/comment-page-1#comment-70851 plonkee Wed, 12 Nov 2008 21:24:04 +0000 http://money-watch.co.uk/?p=4503#comment-70851 I guess that's capitalism for you. If someone spots an easy way to make money it'll soon go away for one reason or another, leaving just the hard work ways again. Still, if you take into account the cost of selling when you decide whether to buy an item to place on eBay, you can still have a business. I guess that’s capitalism for you. If someone spots an easy way to make money it’ll soon go away for one reason or another, leaving just the hard work ways again.

Still, if you take into account the cost of selling when you decide whether to buy an item to place on eBay, you can still have a business.

]]> By: kiwi http://money-watch.co.uk/4503/how-not-to-make-money-on-ebay/comment-page-1#comment-70787 kiwi Tue, 11 Nov 2008 22:07:16 +0000 http://money-watch.co.uk/?p=4503#comment-70787 I agree, it has been tough with all of the restrictions that eBay has put on the seller. It's tougher to find good deals with so much competition, and it's tougher to find sources for new items. The time it takes to craft an auction, as you said, is really painstakingly long, so you have to have very high profit items to offset the paypal/ebay fees. I recently listed an item that sold for $200, the final value fee combined wiht paypal fee was $30! That's over ten percent. Sell 3-4 items like that a year and you've spent just as much as you would hosting your own domain for a year. I agree, it has been tough with all of the restrictions that eBay has put on the seller. It’s tougher to find good deals with so much competition, and it’s tougher to find sources for new items. The time it takes to craft an auction, as you said, is really painstakingly long, so you have to have very high profit items to offset the paypal/ebay fees. I recently listed an item that sold for $200, the final value fee combined wiht paypal fee was $30! That’s over ten percent. Sell 3-4 items like that a year and you’ve spent just as much as you would hosting your own domain for a year.

]]> By: BrokeBint http://money-watch.co.uk/4503/how-not-to-make-money-on-ebay/comment-page-1#comment-70752 BrokeBint Tue, 11 Nov 2008 10:41:48 +0000 http://money-watch.co.uk/?p=4503#comment-70752 Well said! eBay is no longer profitable unless you're selling a large volume - and if you're doing that, you may as well be running your own site where you can control everything and pay no eBay fees, and just use eBay to get new leads and customers. Well said! eBay is no longer profitable unless you’re selling a large volume – and if you’re doing that, you may as well be running your own site where you can control everything and pay no eBay fees, and just use eBay to get new leads and customers.

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