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How to Make Money on eBay in Nigeria

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Make Money on ebay in Nigeria

In today’s article, we are going to be looking at how you can make money on ebay from Nigeria – the options you have as regards making money on ebay. There are many questions as regards if Nigerians sell on ebay, how beginners make money on ebay.

How to sell on ebay, and more. In this article, we are going to be exploring all this and giving the right answers in the best way we can. If you can read this article to the end. Read it and if you cannot you can just go to the part article that answers any question on your mind.

I guess you have been hearing about eBay especially online but do not really know what it is all about. So let us explain what ebay is first.

What is eBay?

Ebay also known as ebay Inc. is an American Multinational e-commerce Company located in San Jose, California, United States. They facilitate consumer-to-consumer and business-to-consumer through their website. EBay was founded by Pierre Omidyar in 1995.

It became a notable success story during the bubble of dot-com. EBay was formerly known as AuctionWeb.

Why You should Sell on eBay?

There are many benefits you stand to gain if you decide to sell on eBay. The first is that you will make money in dollars. We all know that as of today the naira is weak against the dollar. As every day goes by the dollar appreciates while the naira depreciates. 

Another reason why you should sell and make money on eBay in Nigeria is the fact that you do not need much to start. With a minimum capital, you can start selling on eBay if you have everything you need and you have the time. Lastly, you should sell on eBay because you can sell almost anything.

And if you do not have anything to sell you can become an affiliate partner promoting the company or use the drop shipping method.

What is Needed to Buy and Sell on eBay?

There are different things you need to be able to confidently buy and sell on eBay in Nigeria. These are:

1. An eBay Account

With an eBay account, you cannot sell anything on eBay. However, you can buy from eBay without creating an eBay account. To sign up on eBay you will need an active email address but if you have a Facebook account you can use it too.

2. An eBay Managed Payment System 

After signing up on eBay you will need to use a US phone number and address to set up your payment system if you really want to be paid directly.

3. A US Address

For the US address, you will need a virtual office address in the US. But if you have a family or friend in the US you can use their address as your address.

4. A US VPN Service

VPNs can be used to change locations. They are very powerful because it can make you look like you are browsing from the USA whereas you are in Nigeria. You will need a VPN. There are two types of VPNs: the free ones and the paid ones. 

5. US Mastercard or Visa Card

This master US master card will be used to cash out money after payments have been made to your account. You need the master card to be able to access money at all times.

6. US Phone Number

You also need a United States (US) phone number. You can get one from a virtual office. Asides from this, there are other online outlets where you can also get a US phone number in Nigeria.

7. Internet Connection 

Since selling on ebay is completely online, an Internet connection is very important. You need an internet connection to create an ebay account and do other things. Luckily, internet subscription is now cheap in Nigeria so this will not consume much of your money.

How to Sell on eBay in Nigeria

Here are the steps to start selling on ebay in Nigeria.

1. Create an eBay Account 

The first step to selling on eBay is to create an eBay account. Creating an eBay account is not difficult as long as you follow the steps involved. Remember that Nigeria is not one of the countries stated ebay. For this reason, you will need to use VPN to change your address or simply use the address of any family and friends you have that are living in the US.

You can tell them to open an account from their location in the US and send you the login details when they are done. To be able to sign in successfully you will need the VPN to change your location to US first. After signing up the next thing will be to start selling. To do this, you will need to log in to your eBay account to click sell.

2. Create a Listing for Items

To create a perfect listing you need to search for items buyers buy the most. It is these items that you should sell. To create listings for your Items upload pictures of your items from your device and give them short and simple descriptions that any buyer can understand

After doing all this, you need to set up how often you want to be paid. Is it daily or weekly payouts you want? Verification is also important during this process. You need to verify your account with the US phone number I explained earlier. On this number, you will be called and given a pin. It is this pin you will use to verify your ebay account.

3. Start Selling your Items

Because there are about 182 million users worldwide on ebay, it is easy for you to sell items. Many buyers are looking forward to buying new or old products. After setting up your ebay account and setting up your management payment system you will see buyers coming to buy your products. 

It is important to note that if you are selling old items you need to make sure these items are in good condition. If they are in good condition you need to clean the items so that they can look attractive enough for buyers.

4. Promotion of Items

Depending on your connections and the influence you have. You can also drive traffic to your store. For example, if you have a blog you can drive your readers to go to your store to buy your items. If you also have a YouTube channel you can direct your viewers to your store on ebay likewise other social media platforms.

But if you do not have any of these you do not need to bother yourself as buyers will still come and buy.

How to Make Money on eBay in Nigeria 

There are many other ways you can make money on ebay asides from selling your own items. You can make money through affiliate marketing, drop shipping, and sales of digital products.

1. Affiliate Marketing

Many social media influencers make money on ebay through this method. With affiliate marketing on ebay you can earn money from directing people to their website without selling anything. To make money on ebay through this method you need to join their affiliate program by signing up.

After doing this, if someone clicks your unique affiliate link and makes a purchase or places a bid within 30 days, you will earn $0.05 but if users register on the platform, you will earn $5 if it is within 30 days the users click your unique link.

2. Dropshipping 

Drop shipping is another way you can make money on eBay without necessarily selling anything. If you do not understand drop shipping, it is simply the business of selling products you do not have when there is an order. You will then get the products from the seller and deliver them to the buyer.

To do this on eBay, upload pictures of items you want to sell, and when buyers pay and order the items you can now buy them from your sellers and deliver them.

3. Digital Products

The sale of digital products is another way you can make money on eBay without stressing yourself. To do this, you can write an ebook or buy an ebook online then upload them on eBay to sell.

Conclusion 

To make money on ebay as a beginner in Nigeria you need to have the necessary tools. After possessing these tools you can now sign up and make money through selling items, affiliate marketing, drop shipping, and digital products.

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Ralph Bamigboye is an Accountant. He is the owner of TheInfoWorth.com, NetWorthVerse.com and Finance Naija YouTube Channel. He has helped many individuals to start their businesses and make money online. How can he help you?

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