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How to Make Money Selling Coupons on Ebay

By JodiJill | Jul 22, 2009 | Views: 1,323 | 4 Comments | Rating: 1
If you want to make money fast, then you need to start selling coupons on eBay. While you may know eBay as a world leader of online auctions, it is safe to say the dynamics of the site has changed and those who purchase online are looking for item specific opportunities. Hence why coupons are so popularly being sold. Selling coupons is really a unique perspective of what can and can't be sold on our computers. And if you are really wondering if you will make money selling coupons, let me assure you that this is a solid cash cow. You pick up the coupons free and sell them hogh! How could it be any easier?

Things You Will Need

Account at eBay

Coupons

Need to make Money


Step 1 First you need to find your product: COUPONS. To find coupons this means that while you are shopping you will keep your eyes open. The coupons are found in the grocers ad sheets and along the isle in front of different products. The coupons usually come in pads so you can pull off as many or as few as you wish. Keep in mind that since coupons are FREE, the number you take doesn't matter as you are not stealing.  If you have concerns you are stealing, ask a store manager for permission (they may roll their eyes for such a question, but you will feel better about it.)
Step 2 When you find your coupons, come home and put them up on eBay. It isn't as simple as it sounds, but definitely isn't hard either. First, all the coupons you collect need to be research to find out a medium price for selling the coupons. Simply type in the brand name and hit the recently sold button to see what the coupons sold for and when.
Step 3 Every coupon sold on eBay, except gift certificates, are sold in lots. These lots are groups of the identical coupon all put together. So you could have a lot of 10 Tide coupons for 50 cents off each or 5 coupons for $1 off cheese. As you look at completed listings you will see the average lot.
Step 4 Once you know how much the coupons are selling for and how many coupons are selling in the lot, you need to start listing your coupons online as well. The first part of the ad is your subject title where you need to inform your buyers the number of coupons, expiration date, and the cents off.
Step 5 In the actual body of your eBay ad you will need to let your buyers know all about what they are purchasing. Include in your details the name of the product, the cents off, if the coupon can be doubled, the number of coupons in your lot and MOST IMPORTANT a statement that you are not selling the coupons but you are selling your time to collect the coupons (eBay's Rules.)
Step 6 Now that you let everyone know what the coupons are and the details, you need to decide on the price of the coupons and how to sell them. The fastest way to sell coupons on eBay is the buy it now option. This allows buyers to purchase and pay. And the easiest way to decide on the final value of your coupons is to average out the most recent five coupon purchases sold for the identical coupons. That way your coupons will move fast.
Step 7 Don't bother putting photos on these auctions. Everyone knows what coupons look like and you are just wasting your time. Additionally, if your photos are crystal clear your potential (evil) buyers may print out the photo and try to pass the coupons off. eBay has been known to shut down auctions with photos that could easily be reproduced. CHECK out my other article on those EBAY ADS that don't need photos.
Step 8 Sometimes you will find other eBayer's critical of your approach of selling on eBay. Remember it doesn't matter how much they scream, what matters is what is in your bank account and how it fills up. Jealous people and eBay experts are always talking badly of others trying to sell books and coaching services to eBay novices, but your coupons sales will be steady and you make money!

If you find the world of coupon selling a bit confusing, just take a look at the random coupon listings that have sold during the past week on eBay. What you will find is a consistant way where auction items sold quickly and money was made. And get those coupons up as quick as possible! It's definitely money in the bank!

Tips & Warnings

If you decide to sell coupons often, make sure you have a no return policy so people know they can't buy and return them if they just feel like it.

Make sure your listings state that you collected the coupons at the local store so people know you didn't print them off the Internet. That is a big no-no in the eBay world.

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Comments
southernbelle
Jul 24, 2009 11:32pm
0

Your article is being criticized by the eBay "know it all" and she has nothing good to say about this article, she is trashing it for all of her blog readers. Nobody knows as much as it...

southernbelle
Jul 24, 2009 11:35pm
0

The "know it all" is probably not happy that you are stepping into "her" turf.

southernbelle
Jul 24, 2009 11:41pm
0

One of the tags on her blog regarding your article are "worst eBay advice".
Nice eh?

JodiJill
Aug 16, 2009 11:09pm
0

Hi - I do sell coupons on Ebay and anyone is welcome to do it themselves or email my if they need more info. I don't know of anyone who is trashing my advice here, but I thank you for letting me know and hope anyone who has questions to contact me directly.

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