Start Selling on Ebay in 2015 – Part 1

Nov 13

Start Selling on Ebay in 2015 – Part 1

I’ve been a member of eBay for 13 years. Yes, 13 years. I actually got an anniversary email from them about a month ago. I’ve been a buyer and occasional seller during those 13 years, but it was last January that I really picked it up again and decided to become more serious about making it more a business and less a hobby.

Many people want to get started on eBay and have no idea where to start. They don’t even have an eBay or PayPal account, aren’t sure if they can trust that stuff anyway, and then you start adding in strategies like retail arbitrage and everything gets more confusing.

If you’d like to get started selling on eBay in 2015 – or even before – this series will help you get started in the simplest way possible – by selling what you’ve already got in your house.

Let’s begin!

To start, you’ll need an eBay account and a PayPal account.  You’ll sell your items on eBay and receive your money through PayPal.

Go to eBay.com and register for a new account. You can start a personal or business account. Start a personal one. You’ll be turning this into a business, but right now, until you are sure you’ll continue, stick with personal.

You don’t need to have your username match what you’re planning to sell. For instance, if you plan to sell all of your homeschooling books you don’t have to call yourself “homeschooling mama books.” Just call yourself whatever you’d like that’s easy to remember.

Follow the video below to help you finish your registration.

Next you’ll sign up for a PayPal account if you don’t already have one. I know there is still misunderstandings about sending money online, but PayPal is completely safe. In fact, if you want to sell on eBay you’ll need to have PayPal or some other type of online payment process. Way back when, you could accept checks and money orders through the mail. That’s no longer allowed on eBay.

With PayPal, you do want to set up a Premium or a Business account so you can get the PayPal debit card. With a PayPal debit card you’ll be able to use the money in your account for any expenses you may have related to eBay or just to use some of the money you make to make a purchase.

This will take a few days as the account has to be linked to your bank account. It’s linked so you can transfer money back and forth from your bank account. That’s all it’s ever used for. PayPal cannot take money from your bank account without your authorization.

Follow along with the video below to sign up for PayPal:

You need to avoid all PayPal and eBay scams that are out there. Even though people have gotten smarter and more Internet savvy, so have the scammers. To avoid the scams pay attention to the following:

  • Always enter PayPal and eBay from their homepages, never from a link in an email.
  • If you get a payment received email that says it’s from PayPal, always check your PayPal account first before shipping the item, especially if it’s an expensive item.
  • If you get an email saying your PayPal account is about to be restricted unless you click on a link, it’s fraudulent. Don’t click on it. This is especially telling if it comes to an account that’s not your primary PayPal account.

Homework

While you’re waiting for your PayPal account to get confirmed, you have some homework. Are you ready?

Go around your house with a box or laundry basket. Check your bedroom, your bookshelves, your kids’ rooms, your hall closet. Fill up your box or laundry basket with items that are in good condition, maybe something you’d take to a thrift store, that you’d like to sell.

That’s week 1. Did you get signed up for your accounts and your homework done? Let me know in the comments or get in touch on Facebook or Twitter.

 

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