How to Start an eBay Business Selling Antiques and Collectibles
Business Overview:
If you like antiques and collectibles and you’re looking for an online venture, consider learning how to start an eBay business selling these profitable items. To start your own eBay business in this genre, you will want to garner some unique products to begin your inventory. You may already have a collection that you’d like to sell or you may be scouting local thrift stores, garage sales, and estate sales to add to your collectibles. If this is the case, you will have to do a bit of research to determine the best price to list your products at when selling antiques on eBay. Looking online to see what similar items have sold for is a good place to begin. However, if you are looking to start an eBay home based business with no investment and no real knowledge of antiques, consider the business idea of selling antiques and collectibles via consignment. In other words, the way this online business idea works is people give you their items to sell and name the price they would like to get for them, and you do the selling online. When an item sells, you take a percentage of the sale. This is a great way to start this business idea quickly and simply—you’ll just have to seek out clients looking to sell their antiques and collectibles and make them an offer they can’t refuse.
A Day in the Life of an eBay Antiques and Collectibles Business Owner:
If you will be maintaining your own inventory for sale, you will want to begin each day with a review of your stock to determine what you have to sell and what you would like to add to your collection—jotting a list of “wants” will help you during your next scouting mission. If you’ll be selling on consignment, you will have to advertise your business service to keep your business going and garner items to sell for your clients. Next, you will want to log on and see if any of your products have sold and get those items shipped in a timely fashion. Finally, maintaining your seller’s site on eBay, and keeping up with your inventory and your finances will be daily tasks that will keep your business thriving.
About Your Customers:
Customers who buy antiques and collectibles online might be serious collectors or just hobbyists. You might also have customers buying gifts for loved ones or even first-time buyers looking to start a collection.
What You Need to Start:
- A collection of antiques and collectibles, either your own or those you’ll sell on consignment
- Advertising if you need consignment clients
- A selling site on eBay
- A digital camera to take photos of your inventory
- Financial-tracking software
- Shipping materials
The Good:
- If you like these types of products, you can really enjoy owning this business.
- You can discover some highly profitable items.
- Once you learn where to find your inventory, this can be a lucrative business.
- While you run this business from the comfort of your home, you still have the opportunity to engage with like-minded individuals.
The Bad:
- Initially, collecting your inventory and learning the business can take some time.
- There is quite a bit of competition in this business, so you need to know proper pricing for buying and selling your antiques and collectibles.
Resources:
- Antique Dealers’ Association of America
- National Antique and Art Dealers Association
- Wikipedia on Antiques
- Wikipedia on Collectibles
About The Author
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