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Ebay - Any good now?

Is it possible to make a good sum of money on ebay? Like around £10'000? What tools/knowledge/ideas to do this?
Dropshipping - research showing its crap. Opinions from any one making a success on ebay?
Was £42'000 in debt!! Refuse to go bankrupt - there must be another way:embarasse
December 2016 - Debt now as 24000!!!
UPDATE: October 2017 - Down to owing 8700 :j

Comments

  • Course it is, many sellers are doing so. However, it takes time and hard work.

    You need to understand how ebay works, find a supplier for what you want to sell, buy stock and list it on ebay.

    Decide what you want to sell, research it, research wholesalers, research prices/competition and read all you can about ebay and selling.

    There is no quick simple way to make loads of money on ebay, you have to find the right thing for you to buy and sell and it takes work.

    Also don't forget fees, postage costs, packaging costs and storage needed.
  • asajj
    asajj Posts: 5,125 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Rampant Recycler
    £10,000 a year ? A month? There is a sub-forum for Ebay, have a look at there.
    ally.
  • Some people have a business on ebay, it is entirely possible you just need to research it deeply, including the market to find the niche, it helps if you know what it is your selling and heres the hard bit *actually do some work* it gets easier the longer you do it, but you need to think on such things as seasonal gear, special offers, luxuries and bargains.

    I make around £2000 a year from part time selling, unfortunately I probably spend £2500 on other stuff also :)
  • worbikeman
    worbikeman Posts: 2,971 Forumite
    There are 2 rules to success:
    1.Dont tell everything you know.
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