How He Makes Over $25 an Hour Selling on eBay | Summary and Q&A

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March 7, 2018
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Let's Talk Money! with Joseph Hogue, CFA
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How He Makes Over $25 an Hour Selling on eBay

TL;DR

Selling on eBay can be a profitable side hustle, with potential earnings of $200-$500 per month working part-time.

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Key Insights

  • 🥶 eBay offers 50 free listings per month, making it an attractive platform for sellers looking to start a side hustle.
  • 🥺 Selling items that you have knowledge about, such as sports memorabilia, can lead to higher profits.
  • 😀 The eBay app is a valuable tool for checking prices and scanning items for potential sales.

Transcript

Joseph ho here with another video on the let's talk money YouTube channel I want to welcome all our subscribers and thank you for taking a part of your day to be here now this is gonna be a great video it's the 6th in our expert interview series and I'm excited to bring you these ideas and these insights from some of my heroes in the topics some of... Read More

Questions & Answers

Q: Why did Jason choose eBay over Amazon for selling?

Jason prefers eBay because of the 50 free listings per month and the flexibility in terms of fees, which are lower compared to Amazon.

Q: How much money can one make by selling on eBay?

The earning potential is based on how much effort one puts in. Jason currently makes around $200 per month, but this can increase to $500-$600 with more time and research.

Q: How does Jason determine pricing when selling items on eBay?

He uses the eBay app to check sold listings and prices items accordingly. Occasionally, he prices items a bit higher for increased profit.

Q: What are some pitfalls to avoid when starting out on eBay?

Do not sell counterfeit items, consider shipping charges beforehand, and avoid pricing items too low to ensure profitability.

Summary & Key Takeaways

  • Jason Butler, creator of the Butler Journal, started selling on eBay as a side hustle to pay off his debt.

  • eBay offers 50 free listings per month, making it a cost-effective platform for sellers.

  • By sourcing items such as sports memorabilia, board games, and coffee mugs, Jason has been able to make up to $500 per month.

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