Get a separate bank and Paypal account for eBay: this is very important,
you must get a separate bank account and use it only for business purposes. A
separate bank account will make a world of difference. It will make it easier to
track your finances, simplify things and make your business look and feel like a
real business. Your business account does not have to be an actual business
account, a simple bank account in your name will do…as long as it is used for
business purposes only.
A Paypal account is something you absolutely NEED in order to sell things on
eBay. Almost everything sold on eBay is paid for through Paypal. With Paypal you
will be able to receive payments through the internet and also except credit cards.
Paypal is owned by eBay, so there are many advantages to using Paypal to accept
payments. Buyers will be able to send you money from their credit card or bank
account through Paypal. Your bank account will be linked to your Paypal account
so you can transfer money from one to another.
Get (or borrow) a digital camera: a good digital camera is something you
simply can’t do without on eBay. Good, clear photos are extremely important to
your success. The buyer has no chance to see the actual item in person so the
more of the item you can show him/her in your listing the better.
Get a separate email address: I suggest that you open at least 2 new email
accounts, this is important because once you start selling you will be getting a lot
of questions from people who are interested with the stuff you are selling. You
should have an email account just for questions and one for everything else
(Paypal, suppliers, memberships…).
Set up a home office: The more organized and tidy you are the more efficient
you will be able to run your eBay business. The more efficient your business is the
less you have to work! This all goes back to treating your business like a business.
You should also have a business telephone number so people can call you. You
may need to make some room in your home for all the merchandise you are going
to sell. As for the stuff you need in your office all I can say is OFFICE STUFF! You
know pens, binders, paper, a calculator, monkeys (joking).
If you are working at a full time job you probably have very little spare time to do
all of these things and remember, we are still just getting started. The good thing
about eBay is it can be done alone, you don’t need workers or assistants because
eBay takes care of a large part of the most important part of your business for
you…the selling.
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