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  • Added for You - EBay Consignment Business 10 Practical Rules

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    st a ten dollar item as it does to list a one hundred dollar item.
  • Give your client a reasonable estimate of what their items will sell for. You can check on eBay and see what similar items have sold for in the past. Don%u2019t tell them you can sell something for $100 when you know this item has never sold for mor
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    You can start your own eBay Consignment Business and earn a great living selling other peoples unwanted items. This is one of the easiest, lo-cost ways to start your own business on the internet.

    A few simple rules to follow are:

    1. Have a contract - This would list the items you are selling, the fees you charge your client, whether they pay a flat fee or percentage of selling price of the items or a combination of the two, etc
    2. Take possession of items - Under no circumstances should you allow the client to keep the items that you are selling for them. They may decide they don%u2019t want to sell them for the successful bid price or may just change their mind about selling the item.
    3. Promote your services using brochures, flyers, business cards, etc
    4. Have adequate storage space for the items so they don%u2019t get damaged, lost or stolen.
    5. Insure the items you are holding for the client.
    6. Specialize in selling a particular type of item, eg. I sell antiques and collectibles specializing in rare and collectible books.
    7. Don%u2019t waste your time handling junk - Many people will want you to sell all of their cheap items. Don%u2019t waste your time. Set a minimum value for items you will handle. It takes as long to list a ten dollar item as it does to list a one hundred dollar item.
    8. Give your client a reasonable estimate of what their items will sell for. You can check on eBay and see what similar items have sold for in the past. Don%u2019t tell them you can sell something for $100 when you know this item has never sold for more
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      he fees you charge your client, whether they pay a flat fee or percentage of selling price of the items or a combination of the two, etc
    9. Take possession of items - Under no circumstances should you allow the client to keep the items that you are selling for them. They may decide they don%u2019t want to sell them for the successful bid price or may just change their mind about selling the item.
    10. Promote your services using brochures, flyers, business cards, etc
    11. Have adequate storage space for the items so they don%u2019t get damaged, lost or stolen.
    12. Insure the items you are holding for the client.
    13. Specialize in selling a particular type of item, eg. I sell antiques and collectibles specializing in rare and collectible books.
    14. Don%u2019t waste your time handling junk - Many people will want you to sell all of their cheap items. Don%u2019t waste your time. Set a minimum value for items you will handle. It takes as long to list a ten dollar item as it does to list a one hundred dollar item.
    15. Give your client a reasonable estimate of what their items will sell for. You can check on eBay and see what similar items have sold for in the past. Don%u2019t tell them you can sell something for $100 when you know this item has never sold for mor
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      r the successful bid price or may just change their mind about selling the item.
    16. Promote your services using brochures, flyers, business cards, etc
    17. Have adequate storage space for the items so they don%u2019t get damaged, lost or stolen.
    18. Insure the items you are holding for the client.
    19. Specialize in selling a particular type of item, eg. I sell antiques and collectibles specializing in rare and collectible books.
    20. Don%u2019t waste your time handling junk - Many people will want you to sell all of their cheap items. Don%u2019t waste your time. Set a minimum value for items you will handle. It takes as long to list a ten dollar item as it does to list a one hundred dollar item.
    21. Give your client a reasonable estimate of what their items will sell for. You can check on eBay and see what similar items have sold for in the past. Don%u2019t tell them you can sell something for $100 when you know this item has never sold for mor
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      selling a particular type of item, eg. I sell antiques and collectibles specializing in rare and collectible books.
    22. Don%u2019t waste your time handling junk - Many people will want you to sell all of their cheap items. Don%u2019t waste your time. Set a minimum value for items you will handle. It takes as long to list a ten dollar item as it does to list a one hundred dollar item.
    23. Give your client a reasonable estimate of what their items will sell for. You can check on eBay and see what similar items have sold for in the past. Don%u2019t tell them you can sell something for $100 when you know this item has never sold for mor
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      st a ten dollar item as it does to list a one hundred dollar item.
    24. Give your client a reasonable estimate of what their items will sell for. You can check on eBay and see what similar items have sold for in the past. Don%u2019t tell them you can sell something for $100 when you know this item has never sold for more than $25.00.
    25. Protect your reputation in dealing with your client and your eBay customers. The success of your business will depend on your reputation.
    26. Have fun. It is very important that you enjoy what you do or you will not succeed and will tire of it quickly.

    Follow these simple rules and your eBay consignment business will be enjoyable and successful. Happy eBaying!

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