Ebay is one of the best shopping portal in the world which offers you with an excellent business opportunity of Buying & Selling Stuff Online. This means that you can just sell off all your used old stuff as well as new products at almost no brokerage charges, this is because you can sell thousands of products and get free audience or buyers who would buy your stuff and these would cost you minimal transaction charges. In order to get started you will find a option of Sell on the homepage itself which redirects to http://sell.ebay.com/sell
Next you need to create a ebay account which costs nothing with all your correct details, ie contact details. Next you will be asked to Select the Category under which the product you are trying to sell would be listed. Next you will be asked to enter the product name briefly based on which you can get suggestions so that you can directly use other listing details instead of writing a new one. This is useful if you are planning to sell products which are already listed on eBay, because this can actually save up your time. Next once you have selected the product you will be asked with the listing form which is available under two different modes.
More listing choices : Includes more options to help attract buyers:
* Additional selling formats
* Upgrades and extra photos
Keep it simple : A short form with selling essentials:
* Auction format with a fixed price option
* Up to four photos (first one free)
Its preferred to go for the second option as its quite easier to understand and implement. A big page is displayed with all the options under one platform asking you to fill each of these like Shipping Details, Products Description, Payment Mode, Photo Gallery etc all of which when filled you can proceed to the Sale of your Product. You will be asked to pay more amount of money if you want additional photos to be inserted in the sales page and also if you want to add extra styles like bold, highlight sales bid etc which normally is just some rupees more. Once the product is listed for sale, you will be seeing a page which looks something like the below screen-shot and this would have the sales end time, Buy It Now Price [BIN], Minimum Bid details, Shipping Details etc.
Once the sale is completed, you will be notified about the same with the details of the buyer of your product and also the buyer is sent a notification to make the payment of the auction within 3 days. Next once ebay receives the payment on your behalf you will be again notified and would be given a 7 days time to ship the product and enter the Shipping Details. This means that you need to within 7 days of the confirmation of payment received have to enter the tracking code of the courier though which you are going to ship the product. Once this is done, the buyer is notified about the same and using the same code he can see the current status.
That’s it, once the buyer confirms that he has received the product in perfect condition and is satisfied, he would update his ebay account with the same and would also add a testimonial for the same in the form of ratings which is really important because the ratings are going to help you in getting better business deals. You as a seller can also rate your buyers when you are satisfied with timely payment. The whole system is quite easy and if you are going to perform this stuff on a large scale you should try to signup for a eBay Store where you can have a complete catalogue of your products and list them on multiple basis.
Once the shipment is confirmed by the buyer, the payments which were in ebay hands for that period is transferred to your account. Normally they accept Paypal Payments all around the world, but in India they use the Indian version of the same called as PaisaPay. Dont forget that Selling fees are subject to a 10% Service Tax and 3% Cess (Edu: 2% + Sec & High Edu: 1%) thereon, where applicable. Service Tax and Cess will be assessed at time of invoicing.