Gain Financial Freedom – Make Money with eBay Selling
eBay is one of the largest worldwide eCommerce platforms with more than 180 million users. In Q3 2019, eBay sold $9.79 billion worth of goods, which is up 33% from the previous quarter. Overall, there are more than 1 billion listings on eBay, with more than 25% of sellers residing in the US. To help you unlock financial freedom, we’ve compiled this short guide for you to follow so you can make money with eBay selling.
eBay’s marketplace is one of the most unique worldwide retail platforms, with goods, collectibles, antiques, and trendy new products from all corners of the globe. More than 15% of eBay’s sales stem from electronic and technological sales. There are thousands of product categories, or niches, at eBay, making standing out less challenging with such a vast marketplace.
Generally, successful sellers can optimize their selling in one of two ways. The first method, and perhaps most common, is retail and collector arbitrage. Where sellers buy desirable products and goods at lower price points and later sell them for a profit, with such competition, widescale retail arbitrage is a bit difficult in the eBay landscape. However, collector arbitrage continues to rise steadily.
Collector arbitraging mostly falls under the umbrella of the second way that eBay sellers are most successful (which includes maximizing a niche). Circling back to the thousands of eBay product categories, there are a seemingly endless number of niches that you can work within. A tip of advice, though. Don’t choose the niche that you think will make you the most money but instead would give you the most enjoyment – that is the key, enjoying the process and finding success through your eBay selling endeavors.