Posted 2 Apr 11 12:48 am.
After months of preparation I finally started making sales both online and offline. I was so excited when I made my first sale on ebay then more of them continued to pour in. Then I noticed by the time the money made it to my paypal account it wasn't much more than what I paid for it at wholesale price. For example. I bought a pair of jeans at wholesale price of $19.00 regular $50.00. I chose to sell them on ebay for $33.00 with $7.00 shipping. ($40.00)
Ok, here's the break down which I'm sure you already know how this works:-)
Insertion Fee $0.50
Final Value Fee $3.96
Paypal Fee $1.26
Grand total of $12.72
Total Net Profit $20.28 Which I brought at wholesale for $19.00
That's along way from the initial $40.00. If you try and increase your prices, ebay increase there prices. Which brings me to the question, how are people make money on ebay? It seems more of a ripoff and not worth the time and effort. Please tell me I am wrong about all this?
Discover four of the most profitable niches on eBay and get details for the best suppliers for these niches. Enter your details below and we will send them instantly.
Your list of profitable markets and supplier details are on their way to your email inbox.
Be sure to add firstname.lastname@example.org to your safelist to ensure we can deliver the free suppliers details to you.
If you haven't received an email from us in 5 minutes, please check your spam folder or email us at email@example.com.