Spend Less, Make More: How I Make Extra Money with an eBay Store

Claire Tak

By  Wed Mar 20, 2013

Claire Tak is the news editor for MyBankTracker.com. More Columns »

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Ever since I could remember, I loved shopping. As a kid, weekends meant going to the local mall with my mom — who was suckered into buying me things I didn’t really need. I was spoiled rotten, and because my parents never said “no” to my begging and pleading, I became an adult who could not set limits for my spending.

I’ve spent decades buying clothes, shoes, purses, beauty products, and even began trolling through sites like Groupon and LivingSocial, hoping to score amazing deals. In hindsight, 90% of these items were probably worn or used once or twice, and then banished to the back of my closet or stashed away in my makeup bag, never to be seen again.

I once did the math on how much shopping I was really doing, and the numbers were shocking. I don’t like to talk about it, but at the height of my spending, I shelled out over $1,000 a month on shopping. For some that may not sound like much, but for someone in my tax bracket (and in this economy!) I should know better. Now that I’m in my thirties, I want to clean out my closet, buy only what I need, and minimize the clutter in my life. Call it enlightenment, but I reached a point where I was able to part with these items I once thought were so important. I realized none of these things made me happy, and to make matters worse, it was taking up precious space in my tiny Brooklyn apartment. Claire’s Closet NYC was soon born. As a longtime user of eBay, I decided to start my own store for a measly $15 a month, which is the most basic package you can purchase. Creating a store is much more cost-efficient since I have a lot of things I want to sell. Each listing comes out to about $0.20 (and even allows you to upload 12 photos), and I have about 30 – 50 listings at any given time. (I read a helpful article that explains how eBay will soon change the way they charge sellers for listing their items.)

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  • Janelle Campbell

    Nice article. I’ve just purchased my first home and with the extra cost and space I wanted to start an ebay business to generate some extra income. I work full-time and I really would like to make 2-300 more a month. This is encouraging, thanks!