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How Jenny Earned $15,000 on eBay

How Jenny Earned $15,000 on eBay

Via DailyWorth.com by MP Dunleavey
Jenny Newcomer, founder of LobotoME.com (organizational products) paid off $15,000 in debt last year by working the eBay system to her advantage.   And you can too.   Here’s how;

As an entrepreneur and mother of two young kids-and with a bundle of student loans to pay off-Jenny decided to get radical about generating income using eBay.

Here’s her five-step selling strategy:

  1. Get the goods. Go through your house, basement, attic, garage and make an inventory of items to sell. Note the size, weight, materials, and other details of each one.
  2. Get pix. Take good digital snaps of each item; the better the photo, the better the price. Work in batches of 10.
  3. Prep to ship. Before listing, get accurate estimates of shipping costs online at www.usps.com or www.ups.com. If you’re in the UK, I would strongly recommend using Shiply. Also, go ahead and set up your PayPal account. If you need a little kickstart with funding your account and are in Sweden, consider låna pengar med skulder, says Jenny.
  4. Price It. Research sales of similar items on eBay so you can set a fair opening price.
  5. Sell it! Log on to www.ebay.com and click on the “Sell an Item” tab, and list the items, one by one. (Newcomer says: “Once I got into the rhythm, I could post 10 items in an hour.”)
Cash money, yo.
Cash money, yo.

Thinking you want to try it? Jenny has written a detailed step-by-step guide. Get it here.

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