Summary:
Selling on eBay can be expensive if care isn´t taken to learn the fee structure and keep overhead costs low. There are several easy things any eBay seller can do in order to keep their eBay business running at a profit.

Details or Sample:
When looking for a part time income, many people turn to selling on eBay. Unfortunately, it can be very expensive to sell on the site, and many new sellers end up losing money. Simply looking at the monthly sales figures can be a misleading way to see how much you are really making each month. Researching the fees and the cost of inventory and supplies can help you to understand how much is really coming in.

How much are you spending for inventory?

Keeping track of what you spend for the items you sell is the first step to maintaining a profit. The price you pay for each item should be cataloged, and each items should be priced high enough to garner a profit. This sounds easy, but it´s much more complicated than simply setting a price above the price you paid. If the starting price is high, it will attract fewer bidders and may end lower than it would have with a lower starting price. If you start the price just above what you paid, the profit you make will be eaten by the eBay and PayPal fees that will be due on the ending price. For items that you know will go high, start the price much lower than what you paid in order to attract more bidders. If you have an item that you aren´t sure will sell for higher than you paid, set it high enough to cover your purchase price, the eBay commission, PayPal fees and the cost of packing supplies. Anything anyone pays above that amount will be your profit.

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