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Starting on eBay,can I expect earning in first month?

Discussion in 'Ebay' started by mergEd, Apr 8, 2012.

  1. mergEd

    mergEd Junior Member

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    I have some big plans to move to China if my bussines on accept success
    so I need some advices.

    I can source almost all products.
    And in beginning I am planning to list about 20 items

    Can I expect earning in first month?
     
  2. nianain

    nianain Junior Member

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    more details. category you are selling from?
     
  3. aZooZa

    aZooZa Newbie

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    You need to explain further, but I would doubt if you'd be earning that quickly.
     
  4. asiriusthoth

    asiriusthoth Jr. VIP Jr. VIP Premium Member

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    You may want to see if you can purchase an already established ebay account. Quite a lot of people are hesistant on purchasing from inexperienced members. I've been using eBay Since 1998.
     
  5. thedon23

    thedon23 Elite Member

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    This is definitely good advice. With an account that already has feedback, it will be a lot easier to get started.

    I started around 2 months ago with like 0 feedback, and it was difficult at first. I've worked my way up to like 60 feedback now (100% positive) and things are picking up. I'm able to sell higher priced products and such, and people are willing to buy from me.
     
  6. Stizerg

    Stizerg Power Member

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    At first, you need to get at least 5 good feedbacks (ask your friends to make a fake purchase), then sell products cheaper than your competitors. As you gain more feedbacks you can rise prices. If you can do it all within couple of weeks you'll see some income at the end of the month.
    Good luck!
     
  7. DonOmario

    DonOmario Newbie

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    You will get sales.Don't be afraid.
    Just be carefull there are many people who will buy your product and then they will ask for a refund. :(
     
  8. mergEd

    mergEd Junior Member

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    I can sell almost all
    Tech
    Clothes
    Toys
    Gadgets

    I have few feedbacks,coz I was buying stuff
     
  9. Aclizzy

    Aclizzy Registered Member

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    How do you expect Blackhat Members to predict your profits/revenues without any quantitive data ? This is something only You can work out!
    It depends on the types of products you will be selling (whether they are in high demand or not), the competition, the cost price, your feedback, etcetc
     
  10. shaddelick

    shaddelick Regular Member

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    Take you time, build you business, enjoy the journey. If you rush your success you are not doing yourself a favor. If a seller account is new, the first month you can only list 10 items or make a dollar amount of $1000 , so it will be a slower start then you might think.
     
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  11. InfinityAI

    InfinityAI Jr. VIP Jr. VIP Premium Member

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    So it really depends on what types of products that you're selling which will determine how much you make. It will also depend on what your account limits are. For example, new accounts can only post 10 items or $1000 a month. I have my ways of getting around this, but that's for another day and another time.

    Generally, I found items that are branded and non-high risk to sell the best on eBay. For example, if you're selling high risk items, you'll probably lose your account within a day; if you sell non-branded items, your items may never sell. This will be the best of both worlds.

    On the other hand, another thing that you might want to consider is that you should probably stay in the United States and simply import from China. While moving to China may be a good idea (I'm Chinese by nationality), have you considered the shipping costs if you were going to ship everything from China? How about the return rates if you're shipping from China?

    People generally believe an item is real if it ships from the United States and automatically assume an item is fake if you're shipping from China so you might want to take that into consideration.

    Hope that helps you out!
    Make that money ;-)
     
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  12. The_Clarkey

    The_Clarkey Junior Member

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    Buy an established account with some decent feedback. Sell products that have demand, sell with competitive prices (bearing in mind you have calculated shipping costs and fees), have a good sales page. Then yes you definitely can make profit within first month!

    I made profit within my first month with a brand new account so you shouldn't have problems.
     
  13. mergEd

    mergEd Junior Member

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    Hey thanks for support guys
    For example one of product I would like to sell is
    DVD Players for VW,Audi,BMW cars
    Some dual sim mobile phones
    And maybe DC Hats
     
  14. closeout

    closeout Newbie

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    You can definitely be able to expect earnings the first month if you do it right.
     
  15. kyij03

    kyij03 Newbie

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    Honestly, STOP (in my opinion). In the first month your limited to 10 items automatically, so no not to 20 items. I buy everything from china, due to the cheap factors... If you can sell for cheaper than them, good for you. Though I have gotten things like HDMI cables for $0.06 + free shipping from China that still work... Not sure on your profit margin.

    I do rather buy things from the US if they are only remotely more expensive than I can have them within a week, rather than a month.

    Consider being a shipper?
     
  16. Sweet Deal :)

    Sweet Deal :) Newbie

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    OK, first of all, don't be stupid, dont go listing 20 items in one day, u need to go slow 1 or 2 per day MAX! These items should preferably be less that $50, you will have a limit on ur account and u wont be able to sell more than probably 100 items a month, in ur first month u dont really wana reach that limit. Aim for like 80-90. Dont sell anything 'risky' or anything over $100 till you are a member for atleast 2 months and have over 100 positive feedback. After that you can enter the more 'risky' realm. You preferably want at least 3 accounts so if one dies (its gana happen trust me) then u can just start selling on the other account. You have to make sure these accounts are aged and have good feedback to, so do some side selling on them every once in a while.

    Now then, selling. There is no point listing items that you do not have the lowest price in and items that don't get much sales. You need to snoop around on ebay and see all the products that you can smack up a profit in. I generally aim for 100% and higher profit, some items I sell for over 700% profit. The more profit the better. If u can get an item for $8 and sell it for $30 then good, this is especially good if u get any disputes and have to refund the buyer. E.g You get an item for $10 and sell for $30 and u get a dispute u only loose $10, but if u got an item for $25 and sold for $30 then u loose $25 cause ur profit was only $5 to begin with, u get me? Ok, anyways its hard to find items that produce over 100% profit if ur sellin legit items. U mentioned DC hats, that is good you should be able to get over 100% profit on them, but that is risky business, so dont attempt that till u get some good feedback.

    Now then, sales. You only want to list products that guarantee a sale at least 1 once per week (this is if ur using Buy it Now). A good way to find this out is go to the buy it now tab, click on lowest price first (nothing sells if it isn't the lowest price), then check go to the cheapest listing of that item and see how many have sold. But dont be fooled if it says '20 sold' make sure you click on the 'sold' icon and see the dates they have all been sold, u never know, that listing could have been there since 2001. Anyways I generally go for items that sell minimum 1 per day, but this should not apply to u. You should try find one that sells atleast 1 per week, because your ganna be listing 20 items. 20 items x 4 = 80 eighty items for that first month. You will probs get over 80 sales anyways.

    Uhh theres so much more i can say but i really cbf to. Main advise is dont be fooled by dodgey looking china sites, make sure you check em out.
    Always order your product and assess its quality before u start to sell it
    Make sure you or your dropshipper has the item you are selling instock, when you go on a china site and it says instock half the time it is not, you have to ask the customer service, make sure you ask 'how many there is' otherwise they will just say "yes yes is instock, all good" or something and for all you know there is one left and it just got sold.
    You must always have the lowest price otherwise you wont sell anything
    Oh and i mentioned to create atleast 3 accounts, dont attempt this until you know the proper way otherwise you will loose all your accounts, you need to change up IP's, clean cookies, VCC's, phone forwarding ect, you can probs find another post on how to do this properly.

    I recon you will make something like $20 a day which is $600 in ur first month if u follow most of those guidelines. GOOD LUCK! :)
     
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  17. mergEd

    mergEd Junior Member

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    Sweet Deal,thanks for good reply,I am working for a company which imports all kind of goods
    I have contacts in China and was there few times,so it is easy for me to check,get price and source.

    If bussines is going good there is no problem I can move to china,and there wont be big shipping cost.
    (+ I will learn language) :)

    Also I can open atleast 5 regular accounts with real cc and all,I have friends and family who will give me their info without problem
     
    Last edited: Apr 11, 2012
  18. Sweet Deal :)

    Sweet Deal :) Newbie

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    ^ 5 accounts is awesome, the more the merrier

    I wish you luck
     
  19. mergEd

    mergEd Junior Member

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    Thanks,I am just unsure because will I get something in first month or not,because even 100$ monthly will be good just to keep me doing (to not lose will).
    Now I am waiting for PP to verify my account,then going to start selling..
     
  20. eBayer.

    eBayer. Junior Member

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    eBayer!
    On the first month of ebay sales you can earn some dollars but then again it depends on your product category and how fast it sells itself. What happened with me was, I made nothing for several months untill I had some good experience.. Experience is important, you have to have the desire to keep reading and learning!

    Just don't set your first month targets so high. Anything is good and then you can build your way up from there.