How to Sell Other People's Stuff on eBay

Another idea when looking for products to sell on eBay is to sell other people's stuff for them. In fact, consignment selling on eBay can be very financially lucrative. Experienced sellers who sell items for other people on eBay are called Trading Assistants. EBay supports the idea and provides resources and a directory where you can list yourself as a Trading Assistant (TA) as well as provides training documents and a toolkit with research which you can study and use in order to build your TA business.

The first question most sellers ask when considering selling for other people is, "How much do I charge?" There is no set answer to that question as TA commission and fee structures vary widely. One suggestion is to research other TA's in your area, find out what they charge their clients and set your fees competitively. Another good piece of advice is to be careful and not under-charge your clients. Consider all the steps involved in selling an item, including taking possession of the item, researching the item (especially if it's in a category you are not familiar with), taking photographs, writing an excellent listing with a great title, packing and shipping the item, handling feedback or any problems, then paying the client his share of the profit. That's a lot of work and you deserve to be paid accordingly! A fee of 40 to 50 percent of the selling price with you paying the fees is not uncommon, with perhaps a sliding scale based on the value of the item.

Another question is, "Where will I find clients?" First, list yourself in the eBay TA directory. Then, begin to spread the word locally. Tell your friends and family members and ask them to spread the word, purchase business cards and distribute those to people that you meet, or place a notice on your local grocery store bulletin board with tear-off tags with your phone number. That should get you started. Provide excellent service for your clients and word will spread to the point that you may have more business than you can handle.

I recommend starting with this book, How to Start and Run an eBay Consignment Business, to answer all of your questions about how to get started selling on consignment, how to decide what kinds of items will be the most profitable, and how to set up your own eBay consignment business. You can find out from eBay about their Trading Assistant program here.