From March 3, sellers will be able to list up to 1,000 items a month free of charge, up from just 20 now.
Sellers hoping to flog more than 20 items a month currently have to pay 35p per item to list them on the website.
But eBay is now increasing the number of free listings by 4,900 per cent to help sellers make more money.
Subscribers who have registered their account as an eBay shop and pay the £19.99 monthly charge will also get 1,000 free listings on top of their current 100 free short-duration auction listings per month.
Items can be listed for auction for one, three, five, seven or 10 days.
Top tips for selling on eBay
- Download the app: eBay has focused on making selling even easier and faster, especially when it comes to the app which benefits from seamless integration with your phone’s camera.
- Think like a buyer: Fill the title with as many key words as possible, take photos and write a description that really sells your product.
- Pick your price: Price for success by comparing your items to ones sold in the past 90 days – even see the likeliness of a sale for some listings
- Pick your duration: You also need to consider the duration: a seven-day auction that ends on Sunday gives more time to garner interest and watchers, but if you’re selling a unique item you might want to select ‘good til cancelled’ which gives you plenty of time to get your item in front of buyers with no end date.
- Consider allowing offers: To attract more buyers, allow shoppers to make offers on your listings. You can choose to accept, decline or make a counteroffer.
- Use eBay delivery: When it comes to packaging up and sending your parcel, eBay has secured great prices on tracked services that can be dropped off at thousands of locations nationwide. You’ll save money, be protected and can do it all through the eBay site.
- Go free: Increase your chances of selling by offering your buyer free shipping, you can always include the cost in your price.
But sellers will still have to pay 35p if they want their auction to last fewer than three days.
Of course, there's something in it for eBay too.
The auction website charges 10 per cent of the final sale price, including postage costs, so it will also benefit from people selling even more of their unwanted junk online.
And there are some restrictions – the 1,000 free listings per month will not apply to classified adverts, or to items listed in the cars, motorcycles and vehicles category.
It also doesn't apply to "buy it now" items – where buyers can snap up items at a fixed price – which costs 50p to activate.
And a "good til' cancelled" item wouldn't count as one of your monthly free listings and you'll be charged a 35p fee for every 30 days it is still live.
Plus, the changes do not apply to big-name corporate sellers such as Asos, Currys and Argos, which have eBay shops.
How to sell on eBay
How do I sell on eBay?
To sell something on eBay, you first have to make a listing so other people using the site can see what you have on offer.
To do that, you must create an account with eBay and once you have done that, you are free to make a listing.
In your listing you can add up to 12 pictures of your item and give a description of what is exactly on offer.
You can also opt for a reserve price for your item so that if you don't get any bids that are high enough, you don't have to sell the item.
While you make your listing, you also set the amount of time you would like your item to be on sale for.
At the end of the sale, whichever fellow user has bid the highest has to buy the product and once they pay you must send it to them.
You can list 20 items free of charge per month. After that, it costs 35p to list each item on eBay – though from March 3, you will have 1,000 free listings per month.
The auction website giant will also take 10 per cent of the sale including postage and packaging, so make sure you factor this in when you set your auction price.
How does PayPal work?
PayPal is the way most people spend and receive money on eBay and is an instant way of sending cash to each other.
Once you set up an account, it is linked to your credit card or bank account and is mainly used for online purchases.
Receiving money into your PayPal account means that you have to pay certain fees.
The fee for each transaction is 3.4 per cent plus 20p of the amount you receive from your selling price.
However, if it is a highly priced item you are selling, the fee reduces as the price goes up. To check out fees, log on to the PayPal fees calculator.
But you can avoid eBay's fees altogether by selling your things on classified sites, such as Gumtree or Preloved.
Facebook also offers a sellers service, Marketplace, which allows you to get rid of your unwanted things for free.
It works in a similar way to the classified sites, so cash in hand and no postage costs.
There are also other auction sites such as eBid and CQout which charge lower seller's fees than eBay.
In the UK, 24million people use eBay every month.
We've put together a guide on everything you need to know before selling on the auction website.
Some sellers can earn thousands from the website.
One mum says she's made £1,200 in 10 years just by selling her family's old clothes.
If you sell on eBay, beware of crooks preying on people flogging unwanted Christmas presents.
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