Buying & Selling Thru Ebay & Other Auctions/Selling Online

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QUESTION: Dear expert

I have four boxes full of new items that I want to sell online. I have T-shirts, books, umbrellas, toys, laptop bags, and key chains.

Do you know where and how can sell them online?
Is there any charge to sell them online?
Do I have to pay for shipping charges to the buyers?
Do you have a phone number where they can help me or answer questions to sell them online?

Thank you

ANSWER: There are many venues for selling these items online. Ebay, Bonanza, Ebid just for a few. Ebay probably has the most traffic but it also has the most fees.

Ebay:
You go to http://www.ebay.com/ sign up as a new seller and start your selling account. Ebay will give you 50 free auction listings a month. They charge a final value fee on the sales of the auctions as well as on the shipping. You start your auction at a price that you can live with if the auction sells at that price. You can check out other similar items on Ebay. Look at the top price and the lowest price and put yours somewhere in the middle. You will also have to set up a paypal account so you can be paid. Paypal also takes a percentage of the final sale for use of paypal.
You list your item for sale with the item price and the shipping price. The buyer pays the shipping. Beware though that new accounts often have up to a 21 day hold on the funds through paypal until you are established so you will need enough to pay the shipping until the funds are released to you. When you are established your holds will no longer apply.
Ebay has the most traffic but it is expensive to sell on Ebay so your profit will be less.

Bonanza:
You go to http://www.bonanza.com/.Bonanza is a fixed price storefront. You sell from your Bonanaza Store.  Bonanaza is free to set up a store and free to list. You go in set your store up and list your items. They do charge a small fee when the item sells but it is about a third of the amount Ebay charges and they do not charge on shipping. Buyer still pays shipping. You can either use paypal or you can use check or money order or other method of payment such as google wallet or credit cards but you have to set up accounts for those. We just use paypal and checks or money orders on Bonanza. It is friendly and easy to use. The only drawback is it does not have the traffic that Ebay has. You will sell but it will take longer to sell. It is a good spot to get started on. We have a small store on Bonanza.

Ebid:
you go to http://us.ebid.net/. Ebid is a free auction site. YOu can set up a free account on Ebid. You can't do a lot with the free account. It lets you list and you can have 1 picture.
If you upgrade you can list more auctions, have a free ebid store and other options. The upgrade is reasonable. SELLER : upgrade fee : Lifetime $0.00

SELLER+ : upgrade fee :7 Day $1.99   |   30 Day $6.99   |   90 Day $16.99   |   365 Day $49.99   |   Lifetime $74.99

SELLER+ Lifetime is currently available for $49.49 if upgrade takes place within 24 hours of registration OR any other upgrade.

You will have to check out the options for free and premium at the website. I am not as familiar with this one as it is not one I use. It is an option, however, it has less traffic and is not as recommended as Bonanaza for an alternative to Ebay. The fees are low, 3% for the free listing and no listing or 2% if gallery listing for the premium subscription.

Etsy:
You go to http://www.etsy.com/. You sign up to sell and get a free shop. It cost to list but the fees are less than Ebay. The final value fees are also less than Ebay. We have a shop on Etsy and do about an equal business with Ebay.
You probably will not be interested in Etsy but am listing it anyway just in case. It is for handmade and vintage items. The items have to be either handmade or at least 20 years old to sell on Etsy. This is a good place to sell those type of items.

Amazon:
You go to  http://www.amazon.com/. This is probably the least likely for a newcomer to start on. They cater mostly to the larger sellers of items. It is a difficult process to get started selling. I am not sure how it works you would have to research on their site. I do not sell on Amazon.

If you want to see what a store looks like you can look at ours
For a new seller I would suggest that you start on Ebay or Bonanza or both. I would suggest you use the 50 free auctions on Ebay if you are selling on Ebay. We do have a store but it costs to have a store and I wouldn't suggest it to a new seller.


Here is our stores so you can see what they look like. It might help you get an idea on how listing needs to be done. We have been selling online for quite a few years now and have it down, but I can still remember our first sale and getting started.

http://stores.ebay.com/Bill-and-Shirleys-Bargains

http://www.etsy.com/shop/BandSBargains

http://www.bonanza.com/booths/BandSbargains#/?s=3

My email is shirley1206@msn.com if you wish to contact me, I will try and help you as much as possible with whichever routes you decide. I can't help much with Ebid or with Amazon as I do not use those sites.

Shirley




---------- FOLLOW-UP ----------

QUESTION: Dear Shirley

Thank you for the information.

I already replied to you by using your e-mail , but I did not receive any respond ye; however, I am going to repeat the same inquiry here:

I am located near Detroit. Where are you located? Are you interested to get my items so you can resell them in your stores? You will make everything easier if you just buy all the parts that I have and try to resell them yourself since you have more experience with this trade.

Answer
First of all sorry if I did not respond to the email my email filter probably put it in my junk mail and I did not catch it. Once in a while that happens.

I do not resell items, I have more than enough of my own and I only sell vintage tins. There are those that do resell items for you.

It really is not that hard to get started. I started with one $1.00 tin and I didn't know anything about selling.

I am in Idaho which is a long way from Detroit.
Here is a verified ebay seller that resells items for people in Detroit

http://detroitlistingservice.com/ebay/ebay-locations/ebay-reseller.html
(913) 735-3229.  Call them or visit their website, they will be glad to help you out.

Good luck.

Shirley

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Buying & Selling Thru Ebay & Other Auctions

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Shirley McAllister

Expertise

I have experience with Ebay, Etsy and Bonanza. I can also answer some questions on RubyLane and Ecrater. I know a little about running an ecommerce site off Ebay and the google adwords although I no longer have my ecommerce site due to time constraints. We are powersellers on Ebay and have been for a few years. We know most all the rules and regulations. What I can help with is how to write the descriptions to sell the product. What should be there and what should not. How to research the product to find the right prices. Communication and it's importance before and after the sale. I do know about sales tax how to set up an account, collect and pay also how to set up an EIN business account. I am working on becoming familiar with the new 1099K and how it works. We deal with collectible tins, so can answer most questions about collectibles, especially older tins, (tobacco, condom, powder, coffee) also some newer ones (cookies, candy, trucks, trains, toys, food tins). Just basically old collectible stuff. I can answer questions on how to package and ship the various items. I am not a tax expert so do not ask about your Schedule C forms, I pay someone to do that. Since I have been 30 years in Payroll and Human Resources I have some experience with numbers and with people. It has helped me with running our Ebay venture over the years. I'll do my best to either answer your question or find the answer for you and if I cannot I will let you know.

Experience

Ebay, Etsy, Bonanza sellers. Ebay Power sellers since 2003. Sales Tax experience through employment. Experience with people and communication through my employment for 30 years. Packing and shipping experience as well as reasearch through running our own business.

Organizations
SHRM (Society of Human Resources) APA (American Payroll Association) CPA (Canadian Payroll Association) NAPW (National Association of Professional Women) The Mentoring Network

Publications
IOMA, BNA

Education/Credentials
CPP (Certified Payroll Professional) BSU (Boise State University) Accounting/bookkeeping/Human Resources PHR (Professional in Human Resources) PA (Payroll Administrator -Canada) Payroll administration UK George Washington University certificate in Internal Investigations Notary of Public State of Idaho Ecommerce business owner

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