Business Online

Do you have a penchant for selling? Would you like to earn money by selling coupons online?  Selling coupons on eBay can be one of the profitable work at home jobs.

Since 1998, eBay has been an online marketplace for millions of individuals. Buyers and Sellers alike grappled for the one thing they want most…a good deal. This is the single most important key to success in selling on e-Bay.

There are a number of people who sell coupons on eBay. The exciting news is that there are many people buying the coupons. Selling coupons has great advantages for example, shipping is easy with a regular envelope and a first class stamp. There is no need for packing materials, scales, or trips to the post office. Learn the secrets of becoming a successful seller of coupons.

Step One

To begin your journey of negotiating business transactions on e-Bay, you must first open an account. The steps are easy to follow. Just follow the directions and you will have your account fully functional within minutes. Remember to create an auction title which will include the number of coupons you are selling and the expiration date.

When it comes to selling coupons on e-Bay, it is important to do your homework. You want to price your coupons right. Browse eBay and look at the price other vendors charge for their coupons. Take an average of their prices and then mark the price in half. This will be your low opening price.

This low opening bid will actually grow and generate multiple bidding because people think it is too good of a deal. If you are willing to accept the going rate for your coupons, then use that price as a, “Buy It Now,” listing.

Step Three

Accept Paypal. PayPal is the simplest way to do business on eBay. PayPal enables you to accept online payments for your eBay items. Sellers must offer safe electronic payments to buyers on eBay, so go ahead and sign up for PayPal…it is free.

Step Four

Obtain your coupons. You can ask family and friends to save their coupons for you. Coupons can be found inside inserts, newspapers, magazines, and online. Once you have obtained the coupons, you can cut and sort the coupons into bundles or leave the coupon insert intact and then sell it as is.

Step Five

eBay has rules for selling coupons which you must adhere to or be removed from the site. For example, since coupons have no cash value, eBay coupon auction listings typically include a statement which specifies the coupons are free and the bidder pays the seller for the service of finding, clipping, and compiling the coupon sets.

Here are some other guidelines:

• No expired coupons
• Bulk coupons cannot be more than 100 coupons, 20 identical coupons, or 5 coupon inserts
• Listing must clearly state the description of the coupon
• Only 2 “Free” coupons per listing
• Only 2 printed Internet coupons per listing
• No electronic “scanned” coupons
• No recalled coupons or coupons for recalled products

here is a lot of money to be made as a seller on eBay. Thousands and thousands of sales are made each day, resulting in a lot of income for a lot of sellers. And there is still room for you if you want to get involved – whether you want to earn some part time cash or set up a whole new full time business on the side.

But where do you get your stock from? How do you get started? And how can you build a business that gives you PowerSeller status? Relax – you’re about to find out.

It’s easy work to get started earning money on eBay. Once you’ve signed up for your free account the best way to get a feel for what selling is like is to auction off some of your personal items that you no longer want. If you are going to start buying stock to resell, you’ll do better by getting some basic selling experience first.

Featured Story: Click Here to find out how one “stay at home mom” is making $379/day working from home using eBay & Google. Read the full story here.

While we are on the subject of stock, you’ll need to decide what kind of business you are going to set up. Of course you can sell anything you like, but if you want to make a name for yourself it helps to become known for selling a specific type of product.

Now that doesn’t necessarily mean your product area needs to be a small one; on the contrary it could be quite large. You could sell toys for example – there’s plenty there to keep any seller going for months on end without selling the same thing twice. You do need to pick a popular product though, and it’s worth doing some research using eBay’s advanced search feature to find out what is selling and how much it’s selling for.

So let’s say you want to sell computer games, for example. There are hundreds of games you could buy to sell here, but if you don’t know which ones will sell you could lose a lot of money buying the wrong stock. By searching the ended listings you can see which titles consistently sell well, and which ones will produce the best profit for you.

Okay – so you know how to figure out what to buy. Now you need to know where to get it from. It stands to reason that no seller is going to tell you where they get their stock; that would be like giving away the keys to their business. In order to find the best sources for stock you need to do a bit of legwork.

We should mention here that there are two main sources for stock – wholesalers and dropshippers. Both have their pros and cons; it just depends on which method you personally prefer.

Dropshippers hold all the stock for you, so you only actually pay for an item once you’ve received payment from the customer. You may have to pay a fee to join the scheme in the first place though. If you choose to go with one or more wholesalers you will need to have the room to buy the stock, and the money to buy it in advance. This comes with more risk since you could buy stock that doesn’t sell, but with the tactic we’ve already covered for checking completed listings before you order anything, the risk here should be kept to a minimum.

So – back to where to find these sources. If you have a particular product in mind that you want to sell, the simple act of looking at the packaging can often reveal the name of the supplier. You can then check out their website to see what else they do.

Another method is to search for what you want on Google. This sounds deceptively simple and in fact many people don’t think of doing this. It can be a bit hit or miss, but it’s possible to find some excellent wholesalers through this method. Over time you will go from having one wholesaler to a handful of sources to get your stock from, and you can build up your product range as you start to grow.

Building your feedback is an important part of being a good seller and the higher you can get your score the better. It sets you apart as being a dedicated seller. And the faster your score climbs, the closer you get to attaining PowerSeller status.

The PowerSeller symbol is highly prized among serious eBay sellers, and there are five levels to strive for. The first is Bronze, and it’s a lot easier to reach than you might think. While you might set a goal for yourself to reach PowerSeller, you will find that if you build up your product range and gradually increase your sales, you will reach it in no time. And if you get off to a great start you might just do it in three months – the minimum time you can actually do it in.

Many sellers have their own shop on eBay, but it’s not necessary when you first get started. In fact you are often better off waiting until you have a good range of stock before opening a shop, since it can look rather empty if you only have a handful of items.

The final thing to think about is the price of the items you are selling. It stands to reason that if you sell a hundred different products in the $5 to $10 price range, you won’t make as much cash as you would selling a hundred in the $50 to $100 price range.

But you need to work out what you enjoy selling and what you can sell lots of to experience real success on eBay. Don’t go for expensive products just because they might bring a bigger profit. Go for your calling – that’s where you will experience the biggest success.

Above all, remember that it can take time to build a successful business – but if you’re determined to achieve real success on eBay you should be enjoying the journey.

Featured Story: Click Here to find out how one “stay at home mom” is making $379/day working from home using eBay & Google. Read the full story here.