Ebay / I Sold It

[Bob Roberts]

I've been purchasing things off of ebay for several years now, but have never sold anything. I've got several things I would like to sell, but don't know much about that whole process. Recently, a store called "ISoldIt" opened up here in Knoxville that will sell your items for you on Ebay. Anybody have any experience with them? How big is their commission off of your stuff? Would I be better off selling it on my own?

[pbans]

Just sell it yourself....it's so dang easy!
If you have a digital camera and a place to host images...piece of cake!
I'll be happy to help however I can.....nothing to it, I promise!!

[thebeachbumm33]

I'm really not familiar with them and I have sold many things on my own only getting burnt once with postage (my own fault for not clarifing shipping to the lower 48only, had to ship to Alaska ). I think it's quite easy, just make sure your aware of the actual weight of the products your prepared to ship, price it reasonably not what you want it to be worth but what someone is willing to pay, take decent photo's, be very specific with payment instructions(I recommend paypal) and where and how your willing to ship(ups, usps etc...)

Good Luck

[RinglingRingling]

I've been purchasing things off of ebay for several years now, but have never sold anything. I've got several things I would like to sell, but don't know much about that whole process. Recently, a store called "ISoldIt" opened up here in Knoxville that will sell your items for you on Ebay. Anybody have any experience with them? How big is their commission off of your stuff? Would I be better off selling it on my own?

you'd be better off selling it on your own. Make sure you charge realistic postage and handling fees; it's easy enough to make up an ad; and in the age when digital cameras are dirt cheap, you can easily get 3-4 good pictures of the item to go with the description. Write it out, then have someone else look it over for questions about the item that your description might have left out.

last but not least: if it is something you absolutely need to get your money back on, set that as the reserve price. It might not sell the first time, or the second, but if it doesn't, there is no fee for relisting.

Never give someone else money for doing something you can do for yourself with relative ease.

[markruble]

My opinion is you'd be better off selling it on your own. Why pay commission to someone especially if the item is a small ticket item. If you have an account which you do if you purchased items on e-bay, and you have a scanned picture of the item you wish to sell. The rest is relatively simple. If you have any questions e-bay once had online directions and help. I't been a couple of years since I sold anything on e-bay so things may have changed.

[pbans]

These are some of the most practical and truthful tips I've ever picked up for ebay selling......
http://hometown.aol.com/roy4ohio/page9.html

[pbans]

Oh....and on the postage issue, ebay has really made it pretty easy. Weigh the item....add a pound for packaging....put it in the online calculator and it will be figured at the close of auction....

I've made some pretty good cash over the years picking up 'crap' at yard sales and selling it on ebay.....paid for a trip to Paris for a week and a trip to Orlando for a week with $300 worth of old toys I picked up off of an ad in the paper!

[PHAW Webmistress]

I agree it's very easy to sell on eBay - however, I would be remiss in my pimping duties if I didn't tell you that SHOULD you decide to use a "consignment" business - there is a parrothead business that does just that.........just let me know and I'll get you the info

[ragtopW]

Oh....and on the postage issue, ebay has really made it pretty easy. Weigh the item....add a pound for packaging....put it in the online calculator and it will be figured at the close of auction....

I've made some pretty good cash over the years picking up 'crap' at yard sales and selling it on ebay.....paid for a trip to Paris for a week and a trip to Orlando for a week with $300 worth of old toys I picked up off of an ad in the paper!

Santa busted his Butt to get those toys out to the kids..

[pbans]

Oh....and on the postage issue, ebay has really made it pretty easy. Weigh the item....add a pound for packaging....put it in the online calculator and it will be figured at the close of auction....

I've made some pretty good cash over the years picking up 'crap' at yard sales and selling it on ebay.....paid for a trip to Paris for a week and a trip to Orlando for a week with $300 worth of old toys I picked up off of an ad in the paper!

Santa busted his Butt to get those toys out to the kids..

and they all went back to grown up collectors trying to have their second childhood.....no worries Santa.....I just made a tidy profit from your earlier work!

[prrthd1987]

I would definitely second any of the information mentioned here... I come from a family of long time eBayers and think this is all awesome advice!

And as it was said before, definitely indicate in the auction you will only ship to the lower 48... International shipping is a pain. Customs forms, insurance, etc...

[pbans]

I would definitely second any of the information mentioned here... I come from a family of long time eBayers and think this is all awesome advice!

And as it was said before, definitely indicate in the auction you will only ship to the lower 48... International shipping is a pain. Customs forms, insurance, etc...

I think it's crazy NOT to ship international, unless it's something really heavy or very fragile. My best sales have come from Japanese and European buyers....it's a little more paperwork, but the difference in the bidding is worth it to me! I've never had a problem with an international sale....it's like have a yard sale and inviting the whole world! There are some deep pockets out there!!

[pbans]

Just out of curiosity....did some checking on the "I Sold It" franchise....
pretty pricey commission....30% plus all associated ebay and payment processing fees.....




What does it cost to sell my stuff with iSold It?


iSold It does not charge you anything upfront to list your item. Once your item sells, iSold It deducts both our commission and eBay + payment processing fees before sending you a check for the balance.

iSold It Commission (may vary by store)
Typically, iSold It's commission is 30% of the first $500 and 20% of the remaining amount (over $500). iSold It charges a $5.00 minimum commission per item.


eBay Fees
Listing/Gallery photo fee of $0.70 (assumes $9.99 starting bid) plus 5.25% of the first $25, 2.75% of the next $975, and 1.5% of any amount over $1,000.


Payment Processing Fees
$.30 plus 2.5% of the total transaction value (sales price, shipping & handling and sales tax)

[RinglingRingling]

Just out of curiosity....did some checking on the "I Sold It" franchise....
pretty pricey commission....30% plus all associated ebay and payment processing fees.....




What does it cost to sell my stuff with iSold It?


iSold It does not charge you anything upfront to list your item. Once your item sells, iSold It deducts both our commission and eBay + payment processing fees before sending you a check for the balance.

iSold It Commission (may vary by store)
Typically, iSold It's commission is 30% of the first $500 and 20% of the remaining amount (over $500). iSold It charges a $5.00 minimum commission per item.


eBay Fees
Listing/Gallery photo fee of $0.70 (assumes $9.99 starting bid) plus 5.25% of the first $25, 2.75% of the next $975, and 1.5% of any amount over $1,000.


Payment Processing Fees
$.30 plus 2.5% of the total transaction value (sales price, shipping & handling and sales tax)

dang. good idea on someone's part for a business, not a good idea for sellers if they want to make anything off the sale.

[tjtryon]

Oh....and on the postage issue, ebay has really made it pretty easy. Weigh the item....add a pound for packaging....put it in the online calculator and it will be figured at the close of auction....

I've made some pretty good cash over the years picking up 'crap' at yard sales and selling it on ebay.....paid for a trip to Paris for a week and a trip to Orlando for a week with $300 worth of old toys I picked up off of an ad in the paper!

I sell alot of "Goodwill" ties. Pick them up at Goodwill for $1 or $2, and I've sold some for MUCH more than that (Jerry Garcia tie cost me $1 and sold for $137).

I sell 5-10 ties a week for $10-$25 apiece.

[job41475]

I've been purchasing things off of ebay for several years now, but have never sold anything. I've got several things I would like to sell, but don't know much about that whole process. Recently, a store called "ISoldIt" opened up here in Knoxville that will sell your items for you on Ebay. Anybody have any experience with them? How big is their commission off of your stuff? Would I be better off selling it on my own?

This sounds alot like what the lady in "40 Year Old Virgin" did for a living....Didn't know anybody actually did it...BTW, I've sold a few things on there and it was very easy to do.

[tjtryon]

I've had a couple of PM's about the ties, here was my reply to them:

As far as ties, I look for:

1) Italian Silk Ties sell for $10-$20 apiece
2) Jerry Garcia Ties (these go for VERY big dollars - $100+)
3) Cocktails Collection
4) "Virus" ties (these go for big dollars - $75+)
5) Any of the brand name "designers" ties (Tommy Hilfiger, American Eagle, Perry Ellis, etc.)

I believe Tuesdays is the day at our local Goodwill that has ties for 50% off, which means all ties are a buck. You may only find 1 or 2 good ties at each store, or may find 20+. Make sure there are no stains/snags, and list them as Used like new, with a disclaimer that they are used ties, and may need laundering/drycleaning, etc.

You can see how some are listed at my ebay store:

http://stores.ebay.com/Pirates-Cove-Treasure-Chest

Music CD's, DVD's and VHS tapes are great, if you can pick them up for less than a buck at a yard sale, or Goodwill. Last batch, I bought about 100 CD's for $10.

Lightly used clothes are great too.

Sorry, I just noticed my store is kind of low on stock, I need to get some more listed this weekend. Speaking of which, try to keep your ebay store at least 100 items, and offer about 10-20% per week up for real auctions, starting at like $.99, just to keep your store rotated.

Another great store to look at is:

http://stores.ebay.com/Zimmos-Midwest-Treasures

This is my inlaw's store, and they do alot of business out of it... They are a good model for what kind of stuff to buy at Goodwill, Yardsales, Estate Auctions, etc.

[Bob Roberts]

These are some of the most practical and truthful tips I've ever picked up for ebay selling......
http://hometown.aol.com/roy4ohio/page9.html

Thanks for the great link. Some very good advice there. I now feel better about selling items on my own. Thanks for the advice, guys.