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How to Start an eBay Business From Scratch
Content Introduction
In this video, a full-time eBay seller shares their experience of setting up a brand new eBay account with the goal of generating $5,000 in sales over 90 days. They discuss the importance of account setup, including customizing user ID and profile, and outline their strategy for sourcing items for sale. Following a thrifting trip, they highlight their finds, emphasizing key items they've secured for their store. The seller plans to batch process photos, optimize titles, and manage inventory, all while keeping an eye on maintaining a strong average sale price. Though the initial results show zero sales after the first 19 hours of listing, the seller remains optimistic and intends to update their process to ensure future success.Key Information
- The individual is a full-time eBay seller and plans to scale a new eBay account to reach $5,000 in sales within 90 days.
- Setting up an eBay account is completely free and easy, requiring just a name, email, and password.
- The seller has already made adjustments to account settings and added a profile picture.
- Essential equipment for successful eBay selling includes a trestle table, box lights for taking quality photos, and storage tubs.
- The seller discusses the need to buy stock efficiently, focusing on high-demand items to achieve a good sales performance.
- To achieve the $5,000 sales target, the seller needs to generate an average of $388 in weekly sales, potentially requiring double the listing effort.
- The seller emphasizes the importance of creating effective listings and competitive pricing to increase visibility and sales.
- The journey of building the new eBay account involves listing items, tracking sales, and adjusting strategies based on performance in the early days.
Timeline Analysis
Content Keywords
eBay Seller Journey
The video outlines a full-time eBay seller's plan to scale a brand new eBay account to $5,000 in sales within 90 days, sharing tips on setting up an account, changing settings, and the importance of getting organized.
Account Setup
The seller emphasizes the ease of setting up an eBay account, noting that it requires minimal information and is free. They mention the importance of setting up payment details and personalizing the account.
Sourcing Inventory
The seller discusses sourcing inventory for their eBay store by purchasing items like storage tubs, shelving, photographic equipment, and items to sell, highlighting the importance of efficient space management and product presentation.
Selling Strategy
The seller outlines their strategy for achieving the $5,000 sales goal through careful item selection, pricing strategy, and listing photos and titles to attract potential buyers efficiently.
Inventory Management
The video covers the use of a spreadsheet to track sales and inventory, which leads to managing profits effectively as the seller aims for a good sell-through rate and a high average sale price on listed items.
Sales Expectations
The seller notes the slow initial sales while establishing the new store, sharing insights on baking patience and confidence in the quality of sourced items leading to eventual success.
Related questions&answers
How quickly can a full-time eBay seller grow a new account from scratch?
What is needed to set up an eBay account?
How important are titles and photos in eBay listings?
How should a seller determine prices for their eBay listings?
What is the significance of providing payment details in the eBay account setup?
What strategy should new sellers implement to start gaining traction?
How should inventory be organized once a seller starts listing products?
Why is it suggested to review and possibly adjust pricing frequently?
What types of products tend to sell best on eBay?
Is it necessary to have a lot of feedback to start selling on eBay?
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