What To Sell On Ebay To Make Profit
Author: admin
what can i sell to make the best profit on Ebay?
I want to sell t shirts but I’m wondering if there is something that I can sell that is in higher demand and that might have a higher price margin? Any advice?
You need a product that costs $0.10, sells for $20.00, and is addictive but legal.
Jewelry is best.
The thing about eBay is you MUST calculate ALL your possible costs in advance.
For Example:
Say you have an item that costs you $20.00, and you list it for $25.00, and charge $5.00 shipping, and it sells for $30, and it costs you $5 to package and ship it. Your gross profit margin is $10.00, or 50% of the cost of the item.
Ebay charges, I think $1.20 for a listing fee, and I think 8.5% final value fee. They just change their fees to make them even more confusing. Then if you use PayPal, there is a $0.30 + 2.9% fee.
So you have eBay costs of $1.20 + ($30 * 8.5%) or $2.55 = $3.75.
The buyer pays with PayPal, $35.00. so the PayPal fee is $1.32. Note that eBay now owns PayPal, so they get all of this.
Your total eBay and PayPal fees are $5.07. Which is over 50% of your gross profit. You make $4.93. Is that really worth your time and effort? You need to decide this.
Now do the math to see how much you would make if it sold for only $25, a 25% markup.
Other items may be better, or worse, depending on the costs.
Do the math before listing on eBay.
Again, JEWELRY.
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