Even though most of you have had some experiences with ebay, I still want to spend some time to go over the process of setting accounts with Ebay and Paypal very quickly here. I know newbies will definitely appreciate it, so please bear with me. If you have already gone through all the account setting of Ebay and Paypal, you can definitely skip this article and check my next few blog posts for other information.
No matter where you are located in the world, I will suggest you to try to register your account at ebay.com. Even though some of the functions are not working for you if you are not living in USA, as long as you can list your products onto ebay.com, always start from there, because ebay.com is the top ebay site with the most visitors. I don’t how many times I want to mention it here – For an online business entrepreneur, traffic and conversion rates are the only two things matter to you.
In this post, I will use pictures to demonstrate the process. As there are lots of details I want to emphasize, in my opinion, videos might not work as well as pictures. Of course if you miss my voice, you can always go to my YouTube Channel at www.youtube.com/user/createvalueshare.
Register an ebay account is very straight forward, after you go to ebay.com, on the left hand side of your screen (see the picture below on the left hand side), you will see a link to bring you to the registration page. Click on the link and fill out the information on the registration page (see the picture below on the right hand side)
I will highly recommend to have a separate email address for your ebay business. Depending on the number of listing and your sales volume. You might expect well over 100 emails a day – I an not kidding, so in order to make your life easier, please do not use your regular daily personal email address that you communicate with family and friends for the business purpose. If you are having trouble to register any email address, please check my video on How to register a Gmail Email Account.
Once you submit you personal information, you will receive confirmation on your computer screen and also in your email box that you provided to Ebay and you will be logged into you new ebay account automatically.
Paypal as a financial institution handling online payment for buyers and sellers need more information for its account opening. Similar to ebay, the “Sign Up” link (as showing below)
will bring you to the page to choose account type. As I mentioned in my previous post, it’s completely up to you run the Ebay business online as a person or business. If personal, I will suggest to go with Premier as it provides functions to seller for collecting payment.
All the detail personal information is mandate. When there is any change to your personal information, make sure you update the information as soon as possible as I am assuming you do not want to miss any important message from Paypal when they have questions about money in your account.
After you fill out the personal information, Paypal will ask you to link either your bank account or credit card to your Paypal account. As a seller, you will most likely transfer your profit from Paypal account to bank account in the future, I will suggest you to go with “Pay with my Bank Account”.
Unless you know your banking information by heart like me, (My advantage of working for a financial institution before kicks in here!) you will need a cheque handy to enter your banking information. After you enter all the information, the following page will appear as to be safe, Paypal wants to confirm your account to make sure it gets linked to your right account.
One more important thing to mention here is to get your Paypal account confirmed as soon as you receive the two small amount deposited into your bank account. This will remove the limit on your Paypal account. For details of verifying your account and limit on your brand new unverified account, please click on the link on the front page of your Paypal account. (as showing below)