eBay 2021: 5 Moves You Need to Make Today to Sell More Stuff on eBay
By Nick Vulich
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About this ebook
Do you want to make more money selling on eBay?
eBay 2021 is the missing handbook for how to make money selling on eBay. Everyday sellers struggle over the following questions – How to sell? What to sell? How to keep up with all of the changes happening on eBay?
If you really want to be successful on eBay, you need to come to grips with all of them.
eBay 2021 discusses the new eBay Seller Updates, Covid 19, and how they affect you. It covers current problems eBay sellers are having with listing visibility, pictures, pricing, and more.
Read it today and unleash your full sales potential.
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eBay 2021 - Nick Vulich
eBay 2021
5 Moves You Need to Make Today to Sell More Stuff on eBay
Copyright © 2021 by Nick Vulich
A person with a beard Description automatically generated with medium confidenceTable of Contents
––––––––
Table of Contents
Getting Started
Make These Changes First
Plan for Success
Find Your Niche
Ship Like a Pro
Package Your Items Like a Pro
Set Up Your Shipping Station
Must-Have Supplies
Packaging Tips
Do I Need to Offer Free Shipping?
Setting Shipping Rates in eBay
Printing Shipping Labels Using eBay & PayPal
Do I Need Insurance?
Using a Third-Party Shipping Provider
Sell International
eBay Global Shipping Program
Enable Items for International Shipping
List Your Items on International Sites
Open an International eBay Store
Customs Forms
Getting Down to Business
What You Need to Know About Taxes
Most Common Tax Deductions
Choosing Your Business Structure
Business Permits, Licenses, and Such
Sell your Stuff Off of eBay
Sell it on Amazon
Sell it on Etsy
Sell it on Fiverr
Sell it on Your Personal Website
Other eBay Alternatives
Getting Started
It’s been nearly a decade since I published my first book detailing how to sell on eBay. Since then, the marketplace has undergone many changes—some good, some not so good.
The only sure thing for online sellers is that change is inevitable. Therefore, sellers need to be quick on their feet and agile enough to execute at a moment’s notice.
Looking back, the most significant change over the past decade has been the decline in auction sales. As a result, everything now is fixed-price, with a side-order of best-offer.
Fixed price listings are great, but...
They keep you from posting items at your best price because you need to leave a little wiggle room in case the other guy wants a discount.
They prevent you from getting the most money possible. Bidding wars were the most exciting part of old-time selling. You could list an item at 99¢, expecting it might go all the way to ten bucks. The next thing you know, it hit $250 because two wild and crazy guys got caught up in a bidding war.
I miss that stuff!
Don’t get me wrong. Auction listings still work, but they’re not what they used to be. I can list 500 auctions this week and sell twenty items—most of them at the starting bid. Ten years ago, if I listed 500 things, I would have gotten a minimum of 100 sales. Half of them would have sold at the buy-it-now price, seventeen dollars higher than my opening bid. Most of the others would have drawn several bids. That doesn’t happen today.
Is it me or eBay? That’s a question you’ll have to figure out for yourself.
The newest elephant in the room is eBay’s managed payments. Twenty years ago, they pushed all their sellers to switch to PayPal and slam all their business through there. Five years ago, they sold PayPal.
Now that eBay’s agreement with PayPal is over, they’re forcing sellers into their managed payment system. Again, it’s good and bad. eBay collects your money, holds it for a few days, and pays you less your seller fees. For sellers who’ve posted items on Amazon, getting your money in a few days is a big deal because Amazon only issues payments twice a month. For eBay sellers used to PayPal, it’s a problem. PayPal lets you withdraw your money literally seconds after the buyer paid.
Sellers are mad, and justifiably so.
Many are used to pulling cash out whenever they need it—for gas, food, bubblegum, or whatever. Now, they have to wait.
Professional sellers depended on immediate cash flow to keep their business running. Now they're jumping through hurdles to get cash when they need it. Taking your fee as you go sounds good, but many sellers count on that money to get them through the month. The timing is off.
Managing payments can save you significant money on listing fees if you're a high-volume seller. A premium store used to come with 1,000 no-cost fixed listings. It still does, but now eBay offers sellers with managed payments up to 75,000 bonus listings. The exact number of zero-cost items depends upon your store level and the categories you list in. For sellers like myself, that’s a significant savings.
When eBay opened the offer, I was on the verge of moving up to an anchor store for another $300 per month. The managed payments bonus listings have put another $3600 a year in my pocket, so I’m thrilled with the service.
Except...
There’s no guarantee it’s going to last. eBay is careful to promote them as promotional offers
in your selling manager. The start and end date changes to the current month. That means eBay can take your no-cost listings away as quickly as they gave them. Nothing is free forever. Enjoy the extra listings while they’re available.
Welcome to eBay selling. There’s nothing you can do about it. It’s either accept the changes or pack up and leave.
eBay doesn’t care.
Really.
The other big thing is Covid-19.
Online sales are exploding—for eBayers who sell necessary items. Not so much for everyday sellers of collectibles, books, clothes, etc. Once everyone is vaccinated and people get out and about again, things should return to normal.
Traditional retailers are counting on a newly-coined term—revenge buying. The thinking is that as the pandemic is winding down, people will emerge from hibernation and rush down the street, throwing hundred-dollar bills here and there. So, naturally, they expect to get their share of the freshly printed Biden-Bucks Some of it should come your way.
The pandemic has caused another problem for online sellers. Buyers want their items now, but shippers can’t keep up.
The post office took up to two weeks to deliver first-class items at Christmastime. The standard delivery time is three to five business days.
As you can guess, customers got upset and demanded refunds.
Those issues hit sellers where they were already hurting—in the pocketbook.
Now the post office is looking at streamlining service—possibly making fewer or centralized deliveries and extending delivery times.
And, oh yeah, they need to bump their rates again to stay solvent.
It’s gonna tear a hole in your pocketbook.
Why am I telling you this? Because no one else will. They’re afraid you won’t buy their book if no one’s buying anything from you. So, I’m not going to lie to you.
It sucks, but...
If you’re already selling on eBay, odds are you’re feeling the pain. However, if you’re new to eBay, keep in mind—selling on eBay doesn’t mean you aren’t going to hit some rough patches now and then.
Most books that talk about selling online paint a rosy picture. They tell potential sellers that once you post your items for sale on eBay, you can spend the rest of your time lying around the house in your jammies or undies watching TV. Money will pour into your PayPal account 24 / 7. That’s the dream for surviving the Covid pandemic, isn’t it?
I wish I could tell you it was so, but