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Is there still money to be made on eBay?

Discussion in 'Ebay' started by skylizard, Nov 2, 2011.

  1. skylizard

    skylizard Newbie

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    Seems like I hear so much negative talk about eBay lately. Is I still worth it?
     
  2. 2DHades

    2DHades Power Member

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    ... no ebay is dead. nobody going there any longer ...
     
  3. marusia

    marusia Senior Member

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    It depends. Suprisingly, used items and antiques do pretty well on ebay.

    Everything new, it seems everyone wants it for a dollar.

    Many people are leaving ebay because they are reporting taxes now. Actually, just about everyone will be reporting taxes now, as the IRS is demanding it.
     
  4. r00tk3y

    r00tk3y BANNED BANNED

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    I think its if you make over 50k a year
     
  5. marusia

    marusia Senior Member

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    No, it's if you have 200 transactions and a total of 20K a year. Paypal is reporting too.
     
  6. marusia

    marusia Senior Member

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    Yeah, the day I decided to leave ebay was the day I decided to leave paypal as well. I actually found a cc processor that has (much) lower fees than paypal anyways.
     
  7. Anonymous~

    Anonymous~ Junior Member

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    ebay dead ? what wrong.i'm still active on ebay
     
  8. stressfree

    stressfree Senior Member

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    Oh but didn't you just offer an ebay JV?

     
  9. tracksuitdave

    tracksuitdave BANNED BANNED

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    i just set up another account on there, my last try was dropshiping mobile phones and it failed i had 2 customers said they had faulty phones they done a charge back and sent me back 2 empty boxes, i got scamed for £300
     
  10. skylizard

    skylizard Newbie

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    Well darn, I was hoping to be able and sell on eBay :p
     
  11. marusia

    marusia Senior Member

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    You CAN sell on ebay. There's just a lot of people boycotting them for various reasons. It's still the #1 site people go to to buy, if I'm not mistaken. I just don't want to be a part of it anymore. There's still lots of money to be made there. I just hate ebay, and I hate paypal with a passion.
     
  12. Typlo

    Typlo Jr. VIP Jr. VIP Premium Member

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    If you hаvе a niche, аnd nоbоdy elѕe iѕ supplying the product(s) you have then уоu сan make а lot, depending оn the demand. The market fоr items ѕuсh аs electronics іs quitе saturated and yоu wіll need a decent start uр capital in order to break іntо thіs area and make az profit.

    Overall though, I strongly belіeve іt іs pоѕѕible tо still make a decent profit on ebay, but this depends entirelу on finding а niche, or hаvіng а decent start uр capital. You wіll nоt success simply buying 50 pounds worth оf electronics and expecting to get 200 back. This is extremely unlikely. Please alsо tаkе іnto accout fees whеn you аre selling!
     
  13. XBLElec

    XBLElec Junior Member

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    eBay is really annoying IMO. They take down your listings for any reason, always side by the buyer, and screw the seller.
     
  14. pla123

    pla123 Registered Member

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    Not to mention the holds in paypal accounts,,,, they are really anoying.... even if you sell legit stuff,, dont work that well but this is a necessary evil to keep ebay from be associated with thieves and fake stuff,
     
  15. vegasbound

    vegasbound Newbie

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    Ebay is still a viable source for making money, it's just harder to do it nowadays but what else is new?

    Like others have already said, there are still many niche's out there that are not overly saturated. However it now seems that volume has taken a precedence over high profit margins. That's okay too, just gotta go with the flow.

    With sellers being at the mercy of buyers, it doesn't make sense to invest in high priced items. You just don't know when a scumbag tries to pull a "significantly not as described" BS with you and you just have to bite the bullet and consider that transaction a loss. I know a few sellers who have lost thousands of dollars on a single transaction because some POS human being decided to say they received a fake item or an empty box.

    Ultimately with eBay progressively getting worse over time, one should see it as more of a marketing tool then a big profit maker. It's a great way to make life long clients since you can market to anyone who has purchased from you. Send them a thank you card with your own personal website and your contact information. (Give a discount if they buy from you directly).

    So find a niche, hedge your losses by staying with relatively low priced items and build a customer base in which you can market to your own website.
     
    • Thanks Thanks x 1
  16. logoz

    logoz Newbie

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    i use to be a ebay seller also, but i left ebay in 2008. they increased their fees so much that it was impossible for me to carry on with work and DHL also increased their charges to ship internationally. due to these two reason i left ebay,
     
  17. BossHoggRay

    BossHoggRay Newbie

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    I think I am done with ebay for a while,And paypal you have to be very careful when dealing with them. Smh
     
  18. Black Mamba

    Black Mamba Newbie

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    No truer words have been said. I've found that no matter how good the product ( real or fake ) sooner or later your gunna run into the douchebags buying your stuff. Theres just no way to filter them out!

    I'm of the opinion that its impossible to sell on ebay without getting a few negatives. Theres just no pleasing some people!
     
  19. pla123

    pla123 Registered Member

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    And this is not all , some guys do it for fun , or they are competition trying to bring you down,,, it is not because they were not happy with the product it is because they want to destroy your business....
     
  20. doomsday

    doomsday Junior Member

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    If that was true we should see many alternatives flourishing. Where are they?

    (This is not a retorical question. I really want to know alternatives to ebay. :D)

    It seems the real problem is paypal and it's buyer overprotecting measures. More and more "buyers" start to learn that it's just too easy to get a free iPhone or whatever.

    I think this is a great tip. You can also list items as decoy just so prospective buyers contact you with questions and then you can redirect them.

    I'm seeking advice on how to convince buyers to buy outside of ebay without paypal.