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    Spend some time getting to know the environment. If you don't already have an eBay account, open one up. Once you have a registered account you can begin to make small purchases. By purchasing small items you minimize your risk while learning how this ecommerce giant operates, while at the same time building up your positive feedback.

    Whether you ultimately want to be a seller or just mainly a buyer, going through the entire life-cycle of an auction will help you see all the various facets of planning, initiating and following through with a sale on eBay.

    There are eight steps in the eBay auction life cycle.

    1. Prospective buyer registers to sell. Before a seller can begin selling items on eBay they must register. The registration process is easy and only requires you to put in basic information about yourself.
    2. Registered buyer searches

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