Hi there, are you a teenager and want to become an entrepreneur? In this interconnected world where everyone dwells on digital platforms and making money, you may have friends or schoolmates making money on eBay. The first question that should pop into your mind is How to sell on eBay if you are under 18? If that’s right, then you are in the right place because we will break down every detail that you should know before getting started.
We’ll guide you through the process of becoming a young entrepreneur. You may have heard these names: Hart Main, Kamaria Warren, Ryan Hickman, and many other young wonders who have become successful at a young age. Their stories will give you some lessons to help you choose and pursue your dream. So, further ado, let’s dive into this guide.
Things to Know About eBay
If you’re interested in doing business on eBay, first thing first, you must learn about the platform where you want to do business. eBay (founded in 1955) is an American e-commerce company based in San Jose, California that facilitates customer-to-customer and business-to-customer sales through its website. It’s a multibillion-dollar with access to 32 countries.
Undoubtedly, eBay is one of the largest e-commerce platforms in the world. And their stats are so mind-bending that they capture the attention of huge entrepreneurs across the globe. According to our research, in the fiscal year of 2022, eBay generated $9.7 billion, and its gross merchandise stands at a volume of $73.9 billion. 138 million sellers registered their accounts on this gigantic platform, and the numbers are expanding. To know more about eBay, visit here.
The company runs a free website where people and businesses buy and sell a wide range of goods and services worldwide. This website is free for every buyer wishing to purchase items or products. But for the sellers, there are some charges for listing their products after a limited number of free listings and a charged fee upon selling.
So, without wasting more time, let’s get into the process of your entrepreneurial journey and find out the answer to the question of How to Sell on eBay If You Are Under 18.
Can You Sell On Ebay As A Teenager?
The most common question that many others ask, like you, is, Can I sell on eBay as a teenager? Well, the answer to this question is not straightforward. Because according to eBay’s User Policy, eBay made it clear that if you want to do business, you must be 18 or older. But despite this policy, you can start as a younger person in a few ways. Follow these words to make it possible.
- Firstly, get the permission of an adult to use their account. You can ask your parents, convince them of your plans. You can ask your adult siblings, too. Remember one thing: the account you’ll operate will be the legal responsibility of the account holder, not you. If you don’t follow the rules or fulfill the promises you made to buyers, then the account holder who registered the account may face the whole consequence.
- Secondly, if your parents or siblings have an active seller’s account, you can join them by splitting free listings. This process only works if you and the person’s (whose account you’re sharing) IP address is the same. Which means you may need to use the same device.
Now you’ve got the idea of whether you can start as a teenager. If you think you can start immediately, learn some important tips below.
How To Sell On Ebay As A Teenager?
If you managed to collect an account, you’re ready to go. Setting up an eBay shop means starting a business. However, it may cost you time and effort, and there are a few things to consider before starting your e-commerce store. If you want to make money and want to become successful, then follow these guidelines:
Identify What You Should Start With
See, there are millions of people selling almost anything on eBay. Name any legal product, and you’ll find them and see competition. So, deciding your niche is very important to survive in this marketplace.
If you have specific products or items that you feel are unique or believe you have the best among others, you can start those, too. Otherwise, you can research what’s hot or trendy. People’s tastes and the demand for the product change from time to time.
You can dig out using this analytical tool from eBay. Or you can use Google Trends, too. It’s another resource to help you discover and identify the best-selling items and the best time to list.
List Your Items
Well done! If you discover what you’ll do in the business, it’s time to list them. Follow these simple steps:
- Create your listings: All you have to do is write a detailed description and title of your products. Take high-quality photos and set the price. Keep your eyes on the selling fees.
- Follow a format: A few formats vary from seller to seller. Research how other sellers follow the format on the same products that you’re listing.
- Ship your products: Be sure you have the proper shipping items like boxes, packages, packing tape, bubble wrap, etc. Another feasible option is purchasing your shipping and printing your label directly from the eBay dashboard. eBay has discounted shipping for your convenience.
- Get Paid: Payments will go directly to the bank account that is associated with the account you are using. Keep track of your transaction and keep swift communication with the account holder, which might be your parents or siblings whose account you’re using.
Pay attention to the right business structure
Young entrepreneurs must grasp the implications of their business structure from the get-go. Here are a few structures to consider:
Upon listing items on eBay, you’re automatically considered a sole proprietorship. This structure is convenient for those simply earning a bit extra cash on the side. However, it comes with a caution- a sole proprietorship is not a legal business entity. Consequently, your eBay account holder is personally vulnerable to any potential liabilities.
Limited Liability Company (LLC)
Forming an LLC is a popular choice for Those seeking protection for their assets and finances. LLC shields your eBay account holder from potential business-related debts. Though this is an excellent option, it has some nuances that should be considered, especially when you’re under 18. You should need assistance from your parents of legal age to establish an LLC.
Doing Business As (DBA)
We recommend you file for a DBA if you plan to operate your eBay store under a creative business name different from your legal name. A DBA permits you to use your chosen name and can facilitate opening a business banking account.
Set Up a Business Account
Have you settled your legal structure? Now, take the next crucial step: establishing your dedicated business banking account. This separate account serves two essential purposes: safeguard your assets and simplify your tax filings. Tax filing is mandatory if your eBay earnings exceed $400 annually.
To open a business account, associate with your state’s regulations and policies of the banks. As a minor, you may not be eligible to open an account independently. Don’t worry; many banks offer the option to open a joint account with a parent or guardian.
Finances and Taxes
Don’t expect your teen business to be excluded from taxes. Remember, taxes are cold, hard facts for any kind of business. Adapt to eBay’s internet sales tax guide and consult an accountant to know what taxes and deductions could apply to your teen business.
These are all the steps that enable you to start your eBay journey. Though these steps may seem daunting, a surprise announcement is waiting for you.
Buy an eBay Seller Account
Suppose you’re an aspirant who wants to become an entrepreneur in the online world. Then eBay would be a great choice for you. The magnitude of this venture is already known to you. If you’re located in countries like Ecuador, Kuwait, Libya, Tunisia, and the countries where eBay is unavailable, you don’t have to worry. Because we sell verified eBay accounts to aspirants like you, any setback can’t stop you from being an entrepreneur, whether you are an adult or young.
Creating and verifying an eBay seller account is demanding, so we’ll be your companion in your seller journey. We process the accounts meticulously, so you don’t have to face any hassle while doing your business. We’ll be at your behest anytime, whenever you need us. With our eBay accounts, you can access eBay anywhere you want. So it’s your turn to buy an eBay seller account from us and reap all the benefits.
What You’ll Get With Our eBay Seller Account?
Our offers come with a wide range that will surely surprise you. We ensure you’ll get those important services that will help you grow your online business. A seller needs a verified account to join this huge marketplace. We save your frustration while doing those rigid verification processes that eBay requires. If you’re a newbie or experienced, you should have a verified account to embark on this journey. Here are the things that you’ll get:
- For a great kick-start, you’ll get a new verified eBay account and login credentials.
- Our 24/7 customer support will always monitor you through email so that you won’t face any problems with your account.
- We offer a 30-day replacement guarantee. So you need not worry a bit regarding your investment.
- You’ll also get a 100% free replacement guarantee, where we take over your worry about your account issues.
- You’ll find a verified email, phone number, and address in our services.
- Documents included like passport/ driving license/ utility bill.
- We also provide USA/UK accounts.
- With VPN access, you can access from any region.
- We used real and authentic data.
So, take charge of your e-commerce business now. Buy an eBay seller account from us and get all the benefits that will break all the obstructions that might hinder your journey.
Why We, Not Anyone Else?
Now, you’re probably thinking why you should buy an eBay seller account from us. Well, you’ll find numerous account sellers in the market. But finding the right one is going to make you suffer a lot. But we assure you that you’ve come to the right place. In such a market, authentic customer orientation is rare, but we take pride in our commitment to delivering the consecutive best support to our clients.
Our customers have transparency and accountability from our end. Our active 24/7 customer service is always available to stand beside you. Your problems are not yours now, as we take charge and do the needful that will solve your problems. Our sole intention is to make you successful in this marketplace.
Your investment is important to us. Our 100% and 30-day replacement guarantee will ensure your peace of mind. So stop wandering here and there and get ahead with your e-commerce journey with us.
In this guided article on how to sell on eBay if you are under 18, you’ve learned the process and procedures of selling if you are under the age of 18. It’s always advisable that you should always get in touch with your family or guardians for the opening of an eBay account. Because doing such business involves some legal aspects that may seem detrimental to under-age children, there are exceptions; if you do this business by cooperating with your guardians, the whole process will be easier.
In this competitive market where every seller struggles to stand out as the best, surviving with confidence and courage is not everyone’s cup of tea. Therefore, you can buy eBay seller account from us to stand apart from the crowd and kick-start your journey in no time.