eBay For Beginner's Guide 2024 | Full Step by Step Guide

Summary

In this comprehensive guide for 2024, Ryan roots offers a step-by-step tutorial for starting and running a successful eBay store. He covers everything from setting up an account, understanding seller limits, choosing what to sell, listing items, pricing strategies, to shipping and building a positive feedback score. Ryan also shares tips on sourcing inventory from garage sales, thrift stores, and auctions, emphasizing the importance of time management and profitability in building a thriving eBay business.

Takeaways

• 😀 Ryan roots provides a step-by-step guide for starting and running an eBay store in 2024.
• 🛍️ eBay and PayPal are now completely separate, and you only need an eBay account to sell.
• 🏪 Consider getting an eBay store subscription if planning to list 50 items or more a month.
• 🚫 New eBay sellers have selling limits, but these can increase over time with good seller performance.
• 🏡 Start by selling items around your house that are desirable and easy to ship.
• 🔍 Use the sell through rate to check if an item is selling well on eBay.
• 📈 List items as 'Buy It Now' with best offer to allow negotiation and potentially higher sales.
• 💰 Price items competitively based on recent sold comparables on eBay.
• 📸 Take clear, high-quality pictures for your listings, and include a thank you note in each package.
• 📦 Ship items quickly using USPS Ground Advantage and purchase shipping labels through eBay for better discounts.

Q & A

What is the main topic of Ryan's video?

The main topic of Ryan's video is a step-by-step guide on how to start and run an eBay store in 2024.

Why does Ryan emphasize being an active seller on eBay when giving advice?

Ryan emphasizes being an active seller because he believes it's important to only take advice from people who are actively selling on the platform and have a track record of making sales the right way.

What has changed with eBay and PayPal accounts according to the video?

According to the video, eBay and PayPal are now completely separate, and eBay has taken all Payment Processing in-house, so you don't need a PayPal account to sell on eBay.

Why might a new eBay seller consider getting an eBay store subscription?

A new eBay seller might consider getting an eBay store subscription if they plan to list 50 or more items a month as it gives access to features like running store sales which can help sell more items.

What are seller limits and how can they be increased on eBay?

Seller limits are restrictions placed on new accounts, such as limits on the number of items that can be sold or the total sales value. These limits can be increased by eBay automatically as you gain positive feedback and maintain good seller practices, or by requesting an increase once a month.

What is the best way to start selling on eBay according to Ryan?

The best way to start selling on eBay is to look around your house for items that are not being used and are desirable to sell.

What is the sell-through rate and why is it important?

The sell-through rate is the ratio of items listed to items sold on eBay within the last 90 days. It's important because it indicates the demand for an item and helps sellers determine if an item will likely sell.

Why does Ryan recommend listing items as 'Buy It Now' with 'Best Offer' for new sellers?

Ryan recommends 'Buy It Now' with 'Best Offer' because it allows for negotiation and can lead to quicker sales, which is beneficial for new sellers looking to build their feedback score and account standing.

How does Ryan suggest determining the right price for an item on eBay?

Ryan suggests looking at sold comparable items (comps) on eBay to determine the average selling price and then pricing competitively, especially for new sellers.

What is the significance of including a thank you note in every package shipped?

Including a thank you note adds a personal touch, reminding buyers that they are supporting a small business, which can encourage them to leave positive feedback.

Why is it recommended to ship items quickly on eBay?

Shipping items quickly is recommended because it can lead to positive feedback from buyers, which is crucial for building a seller's reputation on the platform.

What are some ways to source items to sell on eBay as suggested in the video?

Some ways to source items to sell on eBay include garage sales, thrift stores, estate sales, and in-person auctions.