Selling Online

Ever since the idea of online auctions came into existence, the online selling market has been on the rise. Many are interested but don’t know how to get started. There are still all kinds of ways to make money by selling online, whether you’re selling what you already have or buying and selling like a store. Before we get started, here are a few general tips when selling anything online.

Do your homework and make sure you have the relevant knowledge. Get a PayPal account. If you don’t have a PayPal account, you’ll want to get one if you’re doing business online. It’s the standard in online business for receiving payment and paying others.

Take good pictures. Some of the options below don’t require you to actually take the picture and sell the product, but for the ones that do, make sure you take a clear picture that makes your product stand out from the others. If you’re going to be taking a lot of pictures, set up a small “studio-like” area in your home with a backdrop and proper lighting to really make your pictures come across as professional. And of course, you’ll want a good camera too

Be honest. If you’re selling used items, be honest about every dent, scratch, blemish, etc. This will reduce many issues you could run into and keep your reviews positive. Do good business. Plain and simple. Whether you’re selling on a small site or opening an online store, your customer service matters. You’ll want to get those positive reviews and make a good name for yourself. Respond to questions, concerns, and complaints. Offer a guarantee if available.

Follow those guidelines and you will do well in online sales. When you’re ready to start selling, here’s where you go;

Amazon– Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.

CraigsList– Some things don’t ship very well. Other things may make you feel uncomfortable to sell to someone across the country. Anytime you’re selling a large item or something you just don’t want to ship, Craigslist is a great place to go. It’s simple to list your item (again, take good pictures!). If you don’t like the idea of putting your phone number out there, the interested individual can send you a message to your inbox without even getting your email address.

eBay– Of course you can’t read an article about making money online that doesn’t mention eBay. You can start an eBay store and get serious about it or you can just sell some stuff to declutter your home. Either way, I’ve made my fair share from selling on eBay and it’s still a popular way to earn money. If you decide to start an actual eBay store, you’ll want to find a drop-ship business like Doba that will store and ship items straight to your customers so you don’t have to deal with an inventory.

Etsy– If you like to create arts and crafts, you can sell them on Etsy completely free. To open an Etsy store, you simply sign up, post pictures of your creations and starting selling. You can choose your payment option, but PayPal is generally the easiest. Etsy makes it easy to sell and keep track of your inventory. There is a small listing fee and they take 3.5% of every sale you make.

Facebook– Facebook swap shops are great for selling things locally. You simply search for swap shops in your area and ask to join the group. Once you’re in, take a picture of the item, write a quick description with the price and post it. It doesn’t get much easier than that. You can generally expect to get about what you would get at a yard sale, maybe a little more.

Being an entrepreneur requires making the right decisions, and having an entrepreneurial mindset means that you need to know what to avoid, how and when.

So when it comes to things that an entrepreneur shouldn’t do, the first thing that pops into my mind is losing focus. Don’t forget why you decided on starting this in the first place. There are steps that need to be taken, goals that need to be reached. If you lose your focus then everything you did slowly will go to waste. Never take uncalculated risks or impulsive decisions. A good entrepreneur knows that this job requires patience, and making even one bad decision can be disastrous for the business.

Never get into this business if you are interested only in the money. Being an entrepreneur is an experience that will provide you with many skills and values, but the cash should be the least important part.

Never undervalue your employees, your colleagues, your team. They play a big role in your path towards achieving your goals. So respect them and the job they do.

Last but not the least, never underestimate yourself. It will get rough, sometimes you will want to quit, and other times you will think that you are not good enough. Lose these thoughts and keep your motivation high.