Dads–are you looking for a hobby or a way to consistently make some extra income? Maybe there’s a new video game your kid has to have or a much-needed vacation that just doesn’t align with your current budget? Although anyone can sell items on eBay via auctions and the “Buy it Now” process, there are several perks to opening an actual eBay store. For example, this will allow you to become more visible to consumers, and it will also let you customize your storefront.
Due to this, creating an eBay store can help you turn the clutter in your home into a viable source of income. In fact, this is the perfect way for dads to create an easily managed home-based business.
Once you’ve had a few sales, you might catch the bug and start shopping for low priced finds at flea markets, thrift shops, yard sales (and friends) which can be converted to larger cash sums in your store.
Guide to Setting Up an eBay Store
1. Create an Account
If you do not already have an account with eBay, you will need to create one.
This will require you to provide eBay with payment information so that they can bill you for your store subscription, listing fees and their percentage of each sale, and you will also need to have a verified PayPal account.
2. Pick a Package
There are several perks associated with having an eBay store, including reduced listing fees. Additionally, your monthly subscription comes with a predetermined amount of free listings. For example, if you opt for the basic package, you will receive 150 free listings each month, and you can also save $48 by paying for the entire year upfront.
Most people who are selling items out of their homes will have their needs met with the basic or premium package, but power sellers will receive the best value by subscribing to the anchor package.
3. Build Your eBay Store
You will have the option of using a basic template and creating your own look with HTML. If you do not have any experience with HTML or creating templates, it will be best to stick with the basic layout.
Fortunately, you will still have the opportunity to customize your storefront by uploading a logo, writing a description that makes it easy for people to determine the type of items you sell and selecting an eye-catching color scheme.
4. Post Your Listings
Posting listings with a store account is easier than using the standard auction approach because you can upload multiple things at once. Additionally, you will be able to save basic templates for items that you plan to sell often.
Keep in mind that the store format also enables you to set a specific price for your items instead of operating your listings in the typical auction format.
5. Promote Your Store
Anyone who has an eBay store can take advantage of the site’s many promotional tools to increase their sales. For example, your buyers can sign up for your newsletter so that they can be the first people to hear about your latest listings.
You can also highlight some of your listings so they become more visible. If you have social media accounts, it’s smart to promote your links there too.
Setting up an eBay store does not need to take a lot of time. In fact, most people who choose the basic layout can have everything in place in less than an hour.
Once you have taken care of the necessary set up, you will be well-positioned to begin making money out of your home. This will allow you to get rid of unnecessary items, and you will have enough extra cash to splurge on something that you really want (I’m looking at the new consoles that are coming out later this year).