Retail therapy could be about spending money or making money! But, of course, making money from home sounds a lot more appealing at the moment. Especially when the Holiday season is right around the corner! We’ve previously covered how to make money on Amazon. But today, we’re going to talk about how to make money on eBay, starting with 4 specific products!
So, here’s the thing: the retail industry might not be the MOST profitable industry out there. But, when done right, you can easily make a steady income – especially around the holidays! All you need is a set of retail knowledge! Therefore, before you jump right into money-making, make sure to check out our hub for retail guides. Everything about how to buy and sell the best retail products and more!
PS! Selling products on eBay is pretty straightforward. But, to get the full details on how to sell or build your own business, check out their guide here!
How to Make Money on eBay
First and foremost, how to make money on eBay with sneakers? Sneakers are one of the most popular categories on eBay and one of the most profitable industries in the world! So, it comes to no one’s surprise that selling sneakers on eBay is a huge money-making project! And the eCommerce platform has capitalized on the sneaker reselling industry by investing in its own eBay Authenticity Guarantee. Plus, it has most recently been compared to the BIGGEST sneaker resale platform – StockX!
But, to do that, you first have to get your hands on some of the coolest sneakers! And, you need LOTS of them. You ain’t here to build an empire of 2 pairs of sneakers! No.
In short, you’re going to need to learn the sneaker resellers’ ways. This means learning how to cop sneakers on release day at retail. This means learning how to cop sneakers in bulk. And, above all, this means having the BEST sneaker bot on your side! All that’s left after that is to start counting the moolah, baby!
eBay basic fees for selling sneakers: 8% if the total amount of the sale is $100 or more. Or 12.9% if the total amount of the sale is less than $100
#2 GRAPHICS CARDS
And then, there’s how to make money on eBay with graphics cards, aka GPUs! Graphics cards offer a profit anywhere between $300 to $600 per card, which is an insane amount of money! But, it all depends on choosing the right graphics card to sell. You can read all about that here.
Also, if you’re going to venture into GPU-reselling, you’re going to need two more things. First, you’re going to need to know when graphics card restock online so you can cop the product. And second, you’re going to need a GPU bot on your side to help you do that. If you thought you were the only one with this brilliant idea, you thought wrong. Check this list for the best GPU bots in the game!
eBay basic fees for selling GPUs: 6.8% on the total amount of the sale up to $2,500 calculated per item. Or 2.35% on the portion of the sale over $2,500
#3 TRADING CARDS
Next, how to make money on eBay with trading cards? Yes, you read that right! Your favorite childhood hobby has now become one of the most money-making hobbies online! And the best thing about it all is that a lot of people don’t know the value of what they have. This makes selling trading cards – especially Pokemon cards – on eBay so great! Did you know that some Pokemon cards are worth over 5 MILLION dollars?
eBay basic fees for selling trading cards: 5% on the total amount of the sale
#4 GAMING CONSOLES
Also, how to make money on eBay with gaming consoles like PS5s or Xbox consoles? The gaming industry is definitely a competitive one when it comes to gaming consoles. You know that PS5s are very HARD to come by – unless you live under a rock. And eBay happens to be the HUB for reselling PS5 and other gaming consoles. People have also used eBay to make a business reselling the hybrid video game console Nintendo Switch. However, we ultimately think it isn’t worth it anymore, and PS5s are a better choice!
But, there are also a few things you need to know before you get right into this business. Like knowing exactly when you can catch a PS5 restock and where. Because times change according to which store you’re hitting – we recommend you hit them all! And, to do that, you’re going to need a special shopping bot on your side. Specifically speaking, a PS5 bot!
eBay basic fees for selling video gaming consoles: 6.8% on the total amount of the sale up to $2,500 calculated per item. Or 2.35% on the portion of the sale over $2,500