Ebay Business

Garbage Can Lid
Garbage Can Lid

I want to start selling things on ebay to make some extra cash

Going to start with retro video games, vapes and some old collectables I can't be bothered to store anymore

Are there any benefits to registering a new business account when selling a large amount of items?

Should I stick with a regular user account?

All urls found in this thread:
http://ehome.uspis.gov/fcsexternal/default.aspx
https://youtu.be/iCtDiLiaayk
Booteefool
Booteefool

@Garbage Can Lid
I want to start selling things on ebay to make some extra cash
prepare to get scammed
a lot

King_Martha
King_Martha

@Booteefool
Can't be that bad since there's still a large amount of successful ebay businesses

I can deal with the odd customer charging back or claiming they never received their item

askme
askme

In my own experience it's not worth even trying ,the fees suck up any profit you make and you will have to send everything with recorded delivery or get scammed ,eBay ain't for the little guy anymore

likme
likme

Don't listen to this cucks, ebay is literally a goldmine if you have the resources and dedication. I make $300-$500 weekly selling vidya, toys and some electronics. Keep in mind I only been selling for 2 months.

Methnerd
Methnerd

@askme
Don't listen to this guy. Ebay is a very successful platform for the little guy with very little drawbacks, and these drawbacks have nothing to do with Ebay itself. Ebay grants the indivual aspiring entrepeneur access to the entire world, a market full of buyers. Very few places will offer that level access to the small businessmen and women of the world. Ebay enables you to make the most out of your business and grants you access to a large market of buyers.

There are incredible success stories with people generating annual incomes of 50 000 to 100 000 dollars. Ebay is synonomous with success so join Ebay and never look back.

This is an honest review given in exchange for an ebay gift card.

happy_sad
happy_sad

@likme
Any resources to get started?

Burnblaze
Burnblaze

Get yourself a shipping easy or stamps.com account ship everything with tracking take good pictures and give honest descriptions. Figure out the cheapest ways to ship. For used Vida small flat rate boxes from usps are really good but bubble mailers might be cheaper and there is a special media mail rate for games that are on a cd/DVD

eGremlin
eGremlin

@Methnerd
Hi Uncle Grief

OP, @likme
is bending the truth. New accounts are limited to 10 items or $500 per month. No way somebody with 2 months in is selling the monthly limit each week.

Spazyfool
Spazyfool

@eGremlin
Really? I get 30 free listings a month

iluvmen
iluvmen

what's a good way to find a good product to sell?
If im not in the USA should I even bother? I feel the US market is the best for this kind of business.

hairygrape
hairygrape

@iluvmen
garage or carboot sales

Snarelure
Snarelure

@eGremlin
should I sell on a regular user account or should I register as a "business" ?

Stark_Naked
Stark_Naked

@Snarelure
regular for now until it becomes a full time business

Sir_Gallonhead
Sir_Gallonhead

@iluvmen

Garage sales and Craigslist

I make a lot selling NES/SNES/N64/Gamecube games. Certain PS games as well. Other items that I always sell are musical instruments (brand name ones, not cheap shit), academic textbooks (you can always find tons of these at Goodwill/Savers/Value Village after a semester ends), and sterling silver. You'd be amazed at how many people don't know how valuable sterling silver flatware is. They think they're just regular forks and knives. I bought several cases of them over the years for not more than 50 bucks a case that are probably worth several thousand a piece.

Raving_Cute
Raving_Cute

@Sir_Gallonhead
@Garbage Can Lid
Antique dealer here, I work full time for myself and do quite well. I do an Ebay sale once a month, usually about 30 items.

EBay is a mixed bag.

On one hand you can make great money on rare items (usually rare games, quality products in general, medals, coins etc) but common items have flooded the market and it's not worth listing for a miniscule profit. It's better to research what sells, what you are likely to find and how to sell it. Start auctions at .99 or 9.99 to encourage higher sales as people want bargains. Be careful of shipping overseas as people can screw you if you do not have insurance and the item isn't tracked, which often costs more than the item itself.

Beware of the risks, but go ahead and try. I did and with a lot of trial and error ended up ok.

Good luck user!

kizzmybutt
kizzmybutt

I sell vidya and weeb stuff mostly. I go to flea markets/swap meets and buy up any cheap stuff and resell. I buy limited edition stuff too if I know it's popular and limited print I take a chance and it's worked out pretty well so far.

I put this stuff up 2 days ago, the remaining 21 items are worth 522 bucks and I still have like 60 items to put up on the 1st.

Stupidasole
Stupidasole

@Garbage Can Lid
Are there any benefits to registering a new business account when selling a large amount of items?
Plenty small benefits, mostly in terms of reduced fees but also more prominent listings etc

Should I stick with a regular user account?
Until you know what you're doing it wont make any difference

Amazon is generally better once you reach a big enough level, but ebay is typically better when you're a bedroom operation.

Inmate
Inmate

@Methnerd
There are incredible success stories with people generating annual incomes of 50 000 to 100 000 dollars. Ebay is synonomous with success so join Ebay and never look back.
$50,000/$100,000

Implying that's a lot. You can easily do more. I run my business out of a bedroom, and I'm already doing $30,000 in sales a year. Profit is a whole other factor.

Techpill
Techpill

@kizzmybutt
Nice

You've gave me some hope

Currently putting up my first 20 listings

MPmaster
MPmaster

@Techpill
Not sure what you thought was bad but I've had no troubles with eBay so far in 3 months of selling. Good luck friend.

girlDog
girlDog

@Techpill

Be sure to add insurance to all your listings. Don't do the SlipCover insurance, though. Do the USPS insurance. It's free until a certain amount.

ZeroReborn
ZeroReborn

@girlDog
USPS insurance is included @ $50/$100 with Priority Mail.
Commercial Base/Commercial Plus.

Priority Mail Express includes $100 if I'm not mistaken.

It is not included with other services.

Raving_Cute
Raving_Cute

@Techpill

I started eBay exactly 5 weeks ago. The more you sell the more your seller limits disappear. Out of all that 3.5k is profit for me.

Skullbone
Skullbone

What would you recommend newbie with some textbook knowledge about marketing and business in general except kill himself?

Emberfire
Emberfire

@Garbage Can Lid

anybody got any good tips for sourcing items to resell?

so far i'm onto an wholesale factory outlet company, but their prices are uncompetitive, and they want be to sign a 3k contract before they'll even discuss drop-shipping and trade discounts.

they sell electronics and dvds. although i'm open to sell basically anything.

anyone had any experience sourcing items?

PackManBrainlure
PackManBrainlure

How do you guys do it? do you buy in bulk on alibaba and then sell on ebay? And what's the benefit of selling on ebay over selling on amazon

BinaryMan
BinaryMan

@Emberfire
uncompetitive
Don't even look at toys and games. Practically nothing left after eBay takes. And that's assuming you can sell through an order before you hit the poorfag segment that only shops at fire sales but will send back anything with so much as a scuff on the bottom of the box.

PurpleCharger
PurpleCharger

biz needs want to find items to sell on ebay
sad pipe when they realize cant sell their sister's ass

CouchChiller
CouchChiller

@likme
this nigga knows whats up, if you can hussle 500 a week on ebay you aint worth shit

TechHater
TechHater

@Emberfire
If you're not branding your own products then don't waste time with U.S companies; hell, I wouldn't fuck with them anyway. They're essentially a middleman. You need to be looking for a manufacturer of an item to resale or for them to make and brand for you.

Toys and games have margins. You can make some okay money, but you will be hustling by hitting up yard sales, goodwills, maybe craigslist.

TreeEater
TreeEater

@TechHater
If that was directed at me, I meant new toys and games. Obviously there's money to be made farming yard sales for pennies on the dollar.

Nude_Bikergirl
Nude_Bikergirl

A guy sends me a lowball offer 1/3 my price. This guy is a completely new account made yesterday with just 1 upvote. Should I just ignore or decline this offer?

Spamalot
Spamalot

@Raving_Cute

What are you selling?

Skullbone
Skullbone

@eGremlin
@Spazyfool
reading comprehension

2 months as a SELLER, my account is 9 years old and I have purchased many things over the years and the occasional selling, but its just been 2 months were I became a full time seller.

Methnerd
Methnerd

@Garbage Can Lid
Yes. I used to have an eBay store selling a whole variety of $1 - $3 cordes. My store was located in China. People would buy my cordes and I'd tell them they had been shipped. They'd message me saying they hadn't got it (I never sent it) I'd tell them I sent it again. Usually they stop replying after that.

It's likely that the cords get lost on the way so I think that's what they think and they just stop asking and they go "oh well it was only $2"

I earned about 3k before I got too many negative reviews and people stopped buying from me.

New_Cliche
New_Cliche

@Nude_Bikergirl
Ignore it and wait the price you want

takes2long
takes2long

@TreeEater
Ah, if you're wanting to do new games, then you hit up clearances and learn how places like Target do incremental reductions in prices. Buy gift cards, etc. I wasn't getting rich when I'd flip new items but I could still pull a few hundred a week.

StonedTime
StonedTime

@Raving_Cute
Where do you buy your stuff?

DeathDog
DeathDog

Buyer claims item not received ($49)
Item not moving
USPS can't/won't do shit
Buyer keeps trying to make me refund before eBay steps in
Ask eBay to extend case 5 days
Item still not delivered
Buyer wins case
Buyer keeps money and product
1 day later item starts moving

haveahappyday
haveahappyday

When people message you with a best offer but you didn't put a best offer option in the listing.

Why.

hairygrape
hairygrape

Should I peel the original price sticker off the cardboard box of my item?

LuckyDusty
LuckyDusty

@hairygrape
I would.

TalkBomber
TalkBomber

@haveahappyday
There was an update where eBay did allow people to send a best offer to items without Best Offer enabled.

And, yeah, it's stupid...but so is eBay.

On the one hand, they're manipulating the fuck out of search results. Unseen items don't generate advertising revenue and unsold items don't generate fees. If what they're showing isn't moving either, that can't be good for revenue.

On the other hand, they're flinging untold amounts of shit at the wall in desperate attempts to bump up revenues. They pester people to sell their iPads and iPhones. They keep rearranging pages to hide details or force bigger pictures or show lists differently. They jacked up store subscription prices because people were cancelling because their listings were hidden. They run reduced fee promotions but because listings are down but won't reduce listing fees even though the reason listings are down is because nobody wants to pay for listings that eBay is just going to hide.

Boy_vs_Girl
Boy_vs_Girl

@TalkBomber

You know too much

Techpill
Techpill

@Garbage Can Lid

Between scammers and ebay/paypal fees you'll more likely be in the red than make extra cash

SniperGod
SniperGod

@Techpill
eBay/Paypal fees do pile up but you won't be in the red.

RumChicken
RumChicken

@SniperGod

You will if your margins are small enough and you factor in losses from scammers.

Stupidasole
Stupidasole

@RumChicken
Well I've had no scammers so I've never been in the red.

askme
askme

I want to do this where I buy cheap common goods off Alibaba and resell them marked waaaay the fuck up.

I've been thinking about this but I've been fucked by eBay too many times. I think Amazon is more appropriate.

Thoughts?

Deadlyinx
Deadlyinx

@askme
Fees are a lot higher on amazon.
Also @Stupidasole

takes2long
takes2long

@askme
If you can source really cheap goods, then you might actually be able to make it on Amazon.

HOWEVER.

If your goods are low value/price, you had better be getting them practically for free. Here's why. The commission is 15%...but there's ALSO a 99 cent fixed fee plus a 45 cent fee on shipping (nevermind that the voucher never covers shipping even before the fee). So, hypothetically, somebody selling a $1 item owes Amazon money (1.00 - 0.99 - 0.015 - 0.45 = -0.47). Now, as you scale up, that fixed portion matters less and less (thanks math!), but your margins can't drop below 25% until you cross the $20 mark.

And even then it's a situation where Amazon is taking 25% and you get 1%, despite the fact that Amazon took no risk, stored no inventory, handled no orders, dealt with no customers, etc. You want to talk about wageslaves being cucked? Amazon is the biggest cucker(?) of them all.

Just go into this with your eyes wide open so you don't have to learn as many lessons the hard way.

Spazyfool
Spazyfool

@DeathDog
you have his address. you know what to do.

SniperGod
SniperGod

tfw when i buy e3 items for cheap and watch them rise in price got a pack of elder scrolls legends cards that were and will only be printed for this e3 for $2

Skullbone
Skullbone

What is the best thing to buy a low price and resell ? Oh and I don't use ebay so 1 have zero fee on what I sell

BinaryMan
BinaryMan

@SniperGod
What did you buy?

viagrandad
viagrandad

@Supergrass
Top rekt m8

What were you selling?

Sharpcharm
Sharpcharm

@Supergrass
Chinks are stupid then, i have refunded a lot of them threatening negative feedback

Emberfire
Emberfire

sell $12 anime DVD
buyer does a chargeback for "unauthorized charge" even though I require immediate payment
I fight back
I win the case

Holy shit what a faggot.

anyone have experience selling yugioh cards?

I have A SHIT TON of them, I know some are valuable ($40-$100) but I don't know if it's worth it to list the common cards. People are listing x3 of them for $1. Seems like a lot of trouble just for $1, then there is shipping fee of 0.47 , and ebay/paypal fees...

Gigastrength
Gigastrength

@Emberfire
try listing them together as a bundle deal instead of individually.

Stupidasole
Stupidasole

I dont know how many of you are into your /fa/ stuff as well but...

I've bought Supreme stuff on release before and listed it on eBay as it arrived, I made around £10 profit on a not so popular items.

The Chinese can't get some of it so they order it off of ebay etc.

There are other brands like this where they are fast to sell out, you just have to know what times the web stores open and but everything, there are bots out there to do this, you can do this for similar skate brands

Supreme
Palace
Anti Social Social Club
Y-3
Yeezy
Versace
Commes Des Garcons

The list is endless

StonedTime
StonedTime

@takes2long
Amazon is taking 25% and you get 1%
How do I only get 1%?

Need_TLC
Need_TLC

@StonedTime
OK, let's do the math here.

You have a Marvel Legend action figure that costs you, say, $16 shipped at wholesale.

You put it on Amazon for $20. That's what Hasbro says they cost, that's what they sell for at other stores.

It sells for $20 plus $4.49 shipping (a $24.49 sale).

Amazon takes the flat fee. $0.99.
Amazon takes 15% of $20. $3.00
Amazon takes the shipping fee. $0.45
Amazon's total take is $4.44.

$4.44 is 18% of the total sale. Alternatively, $3.99 is 20% of item price (because, ideally, shipping is a pass-through cost rather than a profit center).

Unfortunately for you, shipping on a product that size has a floor of about $6.45 (God help you if there's any real distance between you and the buyer).

$24.49 - $6.45 - $4.44 - $16.00 = -$2.40

So, Amazon took 18% and you took NEGATIVE 9%.

Now put that buyer in California.

$24.49 - $12.40 - $4.44 - $16.00 = -$8.35

Amazon still takes 18% but you take NEGATIVE 34%

In order for you to make a single cent of profit under the best conditions on a $20 item, your buy price has to be $13.59. This is the scenario where Amazon takes 18% and you take 1%.

In order for you to take 18%, just like Amazon does, your buy price has to be $9.16. Under the best case. In order to make it under the California scenario, subtract another $6.

To sell a $20 product cross country (because you have ZERO control on Amazon), you have to get it for $3.

Who the hell has an 85% margin?

Lord_Tryzalot
Lord_Tryzalot

@Need_TLC
Alternatively, instead of relying on a wider margin, you raise the price but that $20 product may end up priced at $40 before you and Amazon take home an equal share. Go on over to /toy/ or Fwoosh and see all the squealing about what a rapejob base retail is and think about how hard selling at double that would be.

This is for a $20 product too. At lower prices, that 99 cent and 45 cent flat fees actually take a bigger percentage of the sale. A cell phone cover that sells for $10 had better only cost you like a dime. A book that sells for $1 incurs a huge loss if ordered separately.

That's why I'm saying the fees, combined with not being able to use calculated shipping, on Amazon are killer.

viagrandad
viagrandad

@Lord_Tryzalot
And I haven't even factored in expenses like boxes or insurance or fraud/loss or trucking inventory around.

Spamalot
Spamalot

@Need_TLC
@Lord_Tryzalot
@viagrandad
Why would you even try to sell something you bought for 16 dollars for 20 hoping to make a profit? Not even worth the effort to begin with.

New_Cliche
New_Cliche

There's money to be made in eBay, it may not of been that same gold mine that it was in the 2000s since Amazon entered the online market but you can still make good money from it. eBay can be really dependent on what category you sell on. It's harder to make profit from going to thrift stores and buying and selling simply like before since everybody is doing it, but you can still make a good profit depending on what your profit margin is. Generally when I get anything that is games/electronic/computer related I try to avoid selling them on eBay because that's where all the scammers are at, especially on phones/ipods. I ended up buying a car or two for dirt cheap and parting it out to make the good money off eBay, on top of the other stuff I get in my everyday life. But generally if I smell scammers I stay away from the category and try to sell elsewhere. If not, then there's always Amazon if you have a UPC code.

Emberburn
Emberburn

@Emberfire
same

see someone opens up unauthorized charge for an
just sold a bunch of >1k items, almost shit pants until I realize the chargeback was just for an old video game that I listed
said game sold and shipped 340 days ago
for $20

won the case, but seriously? This shits from almost a year ago, quit wasting my time

SniperGod
SniperGod

@Stupidasole
did that in 2015, made about 4k off of not too much work. Only went for hyped items, and made about $50 average profit per item.

2016 has been weak for resale though and I stopped doing it.

TechHater
TechHater

I'v been selling stuff on ebay for about a year now and I made 25k over that time, stores are better in the long run because the fee reductions.

FastChef
FastChef

@SniperGod
yeah Supremes SS16 collection was when everyone picked up on the resellers, especially in the Supreme community.
Facebook groups like The Basement as well as Supreme Talk made jokes of it all and it really killed the resell game for a lot of people, its slowly picking back up now. I would leave Supreme until 2017 now unless there are some really hyped items. I shall try and learn how i can make a bot to buy shit in the mean time and try and queue up for some yeezys as well haha

Stupidasole
Stupidasole

@New_Cliche
Well, absent Amazon, you're being advertised a 25% margin which sounds pretty good if you don't know better. Second, you may be familiar with eBay's fee structure which is not only lower access the board but also doesn't punish low dollar items. If you read through to the end, that cell phone cover is exactly the kind of cheap junk half of Veeky Forums thinks it can get rich drop shipping from Alibaba.

Me, personally, I haven't sold seriously in Amazon for years. No name brand product sold through a distributor has the margin to be priced competitively on Amazon and not be taken to the cleaners on fees. And, like I said, cheap shit from Alibaba has to be really really really cheap because of how the fee structure discriminates against cheap shit.

farquit
farquit

@Stupidasole
Amazon fucks you hard, the fees are retarded, and I don't know how anybody seriously sells with the Amazon FBA either. Besides the fact they are super nazi about what can sell on Amazon, a lot of stuff I sell doesn't have a UPC code anyways. But like I said, there's money to be made on eBay still, but you aren't going to be making big profits drop shipping or buying from Alibaba, you'll be making profit going to garage sales, thrift stores, and charity sales getting items dirt cheap that they are retardedly selling for. So unless if that phone cover is a buck, you'll be wasting your time as a lot of them are run at $9 to start give or take.

Carnalpleasure
Carnalpleasure

I guess no one buying on 4th of July, feels bad.

Firespawn
Firespawn

@Stupidasole
Amazon serves only amazon itself now. Sellers are fucked in the ass with fees and so are the buyers. You gotta go crazy volumes to break even.

Crazy_Nice
Crazy_Nice

@Emberfire
Make sure to report them to the FBI (ic3.gov) and to USPIS, if it was shipped USPS, as mail fraud is a felony.

http://ehome.uspis.gov/fcsexternal/default.aspx
mfw reporting buyers who scam/try to scam me.
mfw federal law enforcement shows up at their door.
also.
Sell one of my most expensive items.
Buyer pays with eCheck

REEEEEEEEEEEEEEEEeeeeeee

MPmaster
MPmaster

@Crazy_Nice
eCheck
The fuck is that? It makes no sense, I looked it up and says available if the instant transfer option is not available but why wouldn't it be?

WebTool
WebTool

@Booteefool
untrue. ive been an ebay seller for +/- 5 years now, in all my time ive only been scammed 1 time, and its -possible- that he was legit

(claimed item was broken, sent picture, was broken in a really odd way and was an odd item to even be able to break via shipping, then he goofed even more adn told me he buys these types of things all the time to sell locally, so my theory is he had a broken one and did the ol switcharoo)

as long as you play by the rules (mostly) then not only is it easy to avoid trouble, but ebay actually treats you really good when there -is- an issue.

BlogWobbles
BlogWobbles

@likme
curious how you get vidya products to sell if youd be willing to share the idea (doesnt have to explain your method, just a hint at the underlying concept)

ive looked but just cant find anything like that

ZeroReborn
ZeroReborn

@BlogWobbles
Flea markets/swap meets/garage sales/goodwill.

JunkTop
JunkTop

@ZeroReborn

weird, all the fleamarkets i ever go to have shitty expensive prices for all their games, and i havent seen a game in goodwill for at least 10 years now

GoogleCat
GoogleCat

@JunkTop
A lot of them have resellers, you gotta go as early as possible because the resellers go around and buy up any they see when they open.

Spazyfool
Spazyfool

@GoogleCat
curious, are you talking about "regular" goodwills or goodwill outlet stores? i used to go to an outlet store in the city i used to live in and there were -tons- of resellers, mostly wetback mexicans, but i rarely see that @ regular goodwills

Boy_vs_Girl
Boy_vs_Girl

@Spazyfool
I guess "regular" goodwills, I only have one near where I live and it's like a normal store. Didn't even know they had an outlet type of set up going on. I've found like two games worth reselling and they didn't sell for much but I've heard others say it's a great place so I just recommend it as well.

Have you tried swap meets? That's where I find my best stuff although if wetback Mexicans bother you you'll find an even more abundant population at those.

Carnalpleasure
Carnalpleasure

@Boy_vs_Girl
ive considered swap meets but have never actually gone to one or figured out where theyre at even.

and no wetback mex's dont bother me, was just something i noted

RavySnake
RavySnake

@Carnalpleasure
A quick google search might show some locations near you, I've known the ones around my area since I was a kid but have found others like that. Not sure if it's common but they double as drive in theaters sometimes too.

RumChicken
RumChicken

@Garbage Can Lid
stick with regular account bro if you don't want to ship large volumes
https://youtu.be/iCtDiLiaayk

TechHater
TechHater

@RavySnake
any time ive looked up swap meets its always just lead to some bullshit online platform, same for auctions

and i havent seen a drive-in theater since i was like 5, lol

thanks for the info tho, will take another look into it

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