I'm shocked!!! I had no idea you could make that much money on ebay. I've got tons & tons of books that I'd like to sell on ebay. Is there a trick to making a profit?
[friends] did $10K worth of E-Bay business during December
I'm stunned. In one month?! Somebody please tell me how to get started. Are there any tricks of the trade? What do you have to pay to ebay in order to sell your stuff?
"Buy something and sell it for more than you paid for it." - Father Guido Sarducci.
I would reckon profits as dollars per lot sold, not dollars per item. Figure that it takes about 1 hour to post and process one lot. Set a minimum thresh hold of profit that you want to make on a lot, and post things that you can reasonably expect to sell for that much.
If you want to see what something sells for, do a completed item search on a similar item.
If you don't have enough of your own stuff to sell, you can always sell someone else's stuff on consignment. However, I wouldn't sell anything on consignment until I had some experience selling my own stuff.
Before selling, I would buy some stuff on eBay so you understand what the process is like to the buyer.
Be honest about your items. Be descriptive. If there's a flaw, mention the flaw. Don't be judgmental. Just be descriptive and let the bidders decide if the item is worth it.
Good luck!