Secrets to eBay Success -- Savings Experiment

When it comes to eBay, knowing how to sell your item can mean the difference between making a profit and losing money. Here are some tips on how to optimize your online listing.

First, determine a fair starting price. Do a quick search for your item on the site, and take a look at the "completed listings" to check out comparable products and what they sold for. This will help you figure out whether your item will sell, and give you an idea of how much you can potentially get for it.

Next, make sure to post plenty of high-quality photos of your item. This allows buyers to see exactly what they're purchasing, and can help increase your chances of a sale. eBay generously offers up to 12 free photos per listing, which you'll definitely want to utilize.

Shipping costs can make or break a sale. Don't set the price too high, as it can scare off potential buyers. Be fair and accurate by using Flat Rate USPS boxes, or pack and weigh your item before listing it so you can ensure your shipping price isn't inflated.

If you're looking to make some extra money, eBay is a great online marketplace in which to sell your used items. Just follow these tips on how to list and you'll be cashing in right away.

Read more: EBay Expands One-Hour Delivery Service to More Cities