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***Make Us Money in 2010 with Ebay Challenge***

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  • mrscmr
    mrscmr Posts: 2,903 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i will have a look if you pm me your ebay name if you like?
    Highest Debt £581,000 Nov 08 and now owe nothing! yes really! I have learnt my lesson the hard way!
    :heart2:Ebay Challenge 2011 - Still supporting from afar!
    Long haulers supporters DFW #223
  • gemma1984 wrote: »
    Right I currently have abour 24 active listings.

    I never seem to make much on ebay my things never seem to go for that much.

    Can anyone have a look at my stuff for me and give me some hints/tips???

    This is my worry too. If i put the starting bid too low then i end up making nothing and if I put it too high people dont bid on it.

    Im going to make january a month of learning how to sell and if it works out worth it put in more effort in feb.
    Nov 2010 :1st win beauty box set of 3 worth £40 and a cushelle koala
    Dec 2010: hair products by liz earle, 9 koalas:o

    Jan: Rimmel Mascara, No7 mascara


  • gemma1984
    gemma1984 Posts: 215 Forumite
    A couple of people are looking at my current listings for me so will see what they say..
  • You can have two accounts one for your personal stuff and one for your business items - that way it keeps the two separate. You need another email address to do this - I have tried it and it all got a bit complicated for me with Paypal etc

    I personally just bung it all together as I buy to sell a lot more than I do selling my personal things. for example I sell maybe £250 of my items a year against business items of £7,000 a year (turnover - not profit) so you see for me it's not worth separating it. And you can claim for quite a bit being self-employed.

    Postage costs inc bubble wrap, mailing bags, stamps, tissue paper, jiffy bags etc
    Milage at 40p a mile to car boots/post office/wholesaler
    and lots more ;)
    8 years of being on a DMP finished 3/3/14
  • benbenandme
    benbenandme Posts: 12,346 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Photogenic
    Another BIN sold for £9 :D
    Mortgage Total: £51,549 / £75,000
    Mortgage Overpayments Pot £1079
  • Floxxie
    Floxxie Posts: 2,853 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    edited 3 January 2010 at 9:11PM
    rictus123 wrote: »
    Just saying is it worth it. If i buy and sell to make up 50% of the income, the other 50% from selling my own clothes, if i registar for tax am i not just signing up to pay tax for selling my own items? Seems a bit rubbish to be honest.

    No, you are paying tax on a percentage of your profits. And you will be offsetting a lot of payable tax through your expenses. You have to seperate out your personal stuff from your business stuff so will need two accounts - a personal and a business.

    Whoops, sorry for repeating trying hard's posting!
    Mortgage start September 2015 £90000 MFiT #06
  • Floxxie
    Floxxie Posts: 2,853 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Another BIN sold for £9 :D

    Are you still selling CDs BenBen? (Sorry to hear your news btw)

    Have listed 18 without piccies and will go back and relist some. Not sure I want to add any more without piccies as it takes forever to add them on.
    Mortgage start September 2015 £90000 MFiT #06
  • rictus123
    rictus123 Posts: 2,560 Forumite
    1,000 Posts Combo Breaker Name Dropper
    Ok i get you il look into it now...Does anyone on here use any online wholesalers? Thinking this is a route i need to go down to achive my aims and hit my targets.
    Work in progress...Update coming July 2012.
  • gingababe
    gingababe Posts: 1,040 Forumite
    Part of the Furniture Combo Breaker
    Well we have been sorting bedrooms today & I have 3 bags full of stuff to sell, but unable to get photos today as natural light not too good! So I am still listing books & magazine, my mil has given me bags full of books!!!
    So I have 105 items on at the minute & will keep going!
  • mrscmr
    mrscmr Posts: 2,903 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    hi rictus

    i am keen this year to start a proper ebay business so would be interested in wholesalers... still deciding which market though.
    Highest Debt £581,000 Nov 08 and now owe nothing! yes really! I have learnt my lesson the hard way!
    :heart2:Ebay Challenge 2011 - Still supporting from afar!
    Long haulers supporters DFW #223
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