There were a lot of people making money on Ebay in a long time past. But is it still crowded now? In one word YES, people are still making money on Ebay. And plenty of it. I think Ebay sort of lost its popularity over the past few years but truth be told it is still a great place to make money on a part time or full time basis. Many people start with things around their house that they no longer want or need. Once they sell those items they quickly move into purchasing inventory or using dropshippers to continue selling on the site.
Some people also use Ebay to sell their original items. I think Ebay is probably one of the best places to test out how profitable something you created can be. You can put it on the site and you instantly have access to millions of people. You the fees to post your item on the site and you are up and running in no time. But most eBayers are not traders, they use eBay because they want a bargain, or they want to sell the items that they no longer want.
To give an example a friend of mine has been using eBay for a considerable number of years. He recently obtained Powerseller status for a few months, the reason? He sold off his complete model railway in a number of packages. As model railway parts command a high sale value his sales qualified him for Powerseller status. He did not make any money on this he merely re-cooped an amount of money that was dormant so that he could use it for something else, in this case a top class plasma TV and theatre kit. So really he was not trading as such.
One of the things that push most people away from Ebay are all the fees. When I first starting seling on Ebay several years ago the fees where alot cheaper. But even though fees have risen, if you do it right you can still make a ton of money selling on the site. Just have a clear plan and execute.
Consider this, if you had never sold the items you did not want you would still have them, but there monetary value would be nil to you. By selling them what have you got, your starting capital for something else, what if you should lose it all (very unlikely) you really are no worse off, you simply do not have the things you sold, which you will remember you did not want anyway.
Figure out what you want to sell and figure out our profit margins. Decide whether you want to purchase inventory or use a dropshipper. These are all important things when it comes to the success of your Ebay business. Don’t ignore Ebay because you here a few people being overly negative about it. Again its all about planning. Don’t just in head first. Take the time to learn the ins and outs of selling on Ebay and you will be successful.