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Its easy to lose money. If you are not careful when listing your items you can rake up hundreds of dollars worth of fees relatively easy. Ebay has a mountain of fees that people tend to overlook somehow. Let’s start with the listing fee. Every single time you put an item up for sale on eBay you are charged a listing or insertion fee. Depending on the starting price of your item this fee can be anywhere from $0.10 to $4.00. You are also charged for extras such as a border around your listing and you are charged a final value fee if your item sales. But wait, that’s not all…. You also have to think about the fees from your payment processor. Most ebayers use Paypal to process credit cards for them. Paypal charges 2.9% plus $0.30 for each and every transaction. All of these fees can add up very very quickly and before you know it you could be owing eBay way more then what you are bringing in. So be very careful and make sure you consider ALL fees before pricing your item.

Another problem is finding products to sell. Its hard to find a product that no one else is selling. Watch out for wholesalers that claim to be eBay certified. You have to really do your research when it comes to finding products to sell on eBay. To find a comprehensive wholesale directory visit salehoo.com

Just like any other business in order to make money on eBay you will need to be patiant and committed. Do you research and make sure you understand exactly what you are getting into. A good guide to invest in is the Beginners eBay(R) Auction Guide – Learn To Sell On eBay By Clint Herman. This is a great step-by-step guide showing you everything you need to know to start making money on eBay.