eBay the smart way: selling, buying, and profiting on the by Joseph T. Sinclair

By Joseph T. Sinclair

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Depending on the merchandise, a seller can make profit on the shipping and handling. If you make an obvious profit on shipping and handling, though, you will irritate potential buyers and reduce sales. But you don’t want to lose money on shipping and handling either, unless you plan to do so as part of your sales strategy. 34 EBAY THE SMART WAY Sales Tax Don’t neglect to charge sales tax to customers in your state. You will need a sales tax license too. If you make only an occasional sale, your state sales tax laws may exempt you from collecting sales tax on incidental items but probably not on expensive items.

In other words, the buyer won’t appear at your front door to hand you a check and pick up the item. Thus, to sell this way requires an additional time commitment on your part. You have to pack the item in a box and go to the post office or elsewhere to ship the 28 EBAY THE SMART WAY item. But strangers won’t knock on your door either (as they might with classified ads), perhaps a greater benefit. You can assume that the market is full of serious buyers. Occasionally buyers will not complete the transactions for which they were the high bidders.

You indemnify eBay from any claims by third parties arising out of your breach of the Agreement. 4. High bidders have an obligation to buy. 5. Sellers have an obligation to sell once a bid above the minimum (or the reserve) has been made. 6. Bid manipulation or interference is prohibited for both buyers and sellers. 7. You may not use any software that will adversely affect eBay’s website. com Policy Investigations Policy Prohibited, Questionable, and Infringing Item Policy Real Estate Policy Nonpaying Bidder Policy 42 EBAY THE SMART WAY Read the entire User Agreement and its incorporated documents yourself to get a full and complete understanding of what is expected of you and of the people with whom you will deal.

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