What do I need to know about ebay and paypal?

Question

What do I need to know about ebay and paypal before I start selling?

Im very new to the whole selling on the internet thing and I want to be smart and knowledgable about everything I do. SOO does anyone have any useful tips? Especially about paypal, that whole thing is blurry to me.

also, what about shipping? when I sell, do i pay the shipping fees? should they be included in the asking price.

Please help!

Answer 1

Ebay and PayPal have set their sites up to be very resourceful. Pretty much anything that you are unsure of, you can ask or find in their Q&A. For ebay, when you list an item, you also specify shipping price. Which is something that you do pay yourself. I had no idea how much it would cost to ship an item so I searched on Ebay to find similar items to see how much they shipped for an average. Specify to US only when selling if you don't want to do international. I have a paypal debit card and it's linked to my ebay account and to my bank account. That way, when someone buys something off of ebay from me for $2.00 and the shipping is $5.00, when the pay the $7.00, it goes into my PayPal account. I then take my PayPal debit card to the post office and ship their item using the money on it. It's linked to my bank account that way if I want to buy something and don't have enough in my PayPal account, it will just suck out the remainder from my bank. Good luck and like I said, they have a pretty awesome "help" set up.