Tough Question Tuesday: Should I List On eBay For Other People?

Q:  Should I List On eBay For Other People?

I have recently been approached about doing some ebay listing for people.  I know you did this some time ago and then stopped.  Can you give me the pros and cons of this, in your opinion, and what someone would charge for something like this.
 
Also, with the economy the way it is, I’m even wondering if it would be a great idea to promote this as a possible increase of making some income.  I mean people these days are always looking for extra money and nothing better then cleaning out the closets, cellar and having someone sell it on EBAY for you.
 
Your thoughts of this and thoughts on prices?

Awesome question, Debbie!

A:  I would definitely consider it.  You have to take into consideration fee’s and your time.  Back when I used to consign for people, I would charge 20% – but that’s about 5 years ago now so the percentage you will charge, may be higher considering the changes in eBay since then. 

Another thing to consider is to just buy the inventory outright for a set price.  That was much, much easier and not as much pressure to sell everything.
 
When setting your pricing, take a look at what surrounding consignment shops are getting.  Search Craigslist for clothing.  Just recently, I met up with another eBay selling mom who has a maternity store on eBay.  I kept her contact information, and will be in touch with her everytime I come across some maternity inventory to sell.  She pays $2 a piece for used maternity and up to $6 a piece for new (depending on the brand).

Most of the time people are just so happy to get rid of things & they don’t mind what you give them for it.

I hope that helps a little!