If you first time that you will be setting up your auction on eBay to sell your item and start making money online, you may find the whole process easier to comprehend in just five easy steps.

First Step: Create a seller's account on eBay
Let's say that you were able to make old transactions on eBay before, this means that you already have an active account. So all you have to do is to log in to that account and then click on the 'Sell' link located at the top most part of your eBay page on the toolbar, and then click on 'Create a seller's account.' If you haven't had any transactions before, you may click on the 'register' link which is located below the toolbar, click 'Sell' and then click on 'Create a seller's account.' Then after, all you need to do is to follow instructions accordingly.

Second Step: You should determine what item you want to sell
You may look into selling books or CD's for the first time, or maybe other stuff. You can always find something interesting to sell and make profit from it.

Third Step: Submit the item that you want to sell
Have your item listed by clicking on the 'Sell' link. You may start with choosing a category that would best describe the item, or have eBay choose the best category for you. Create a very good title and description for your item, and don't forget to add in keywords which you think people would be typing in on the search box and land into your item.

From here, you can set your own starting price, such as $0.01, which would help in drawing people's attention to your bid. Then you can set up a duration which has a range from three days upwards. The duration will be based on your preference; you may choose whichever is comfortable for you. Take note that this is also the part where you can upload the picture that you have taken, so the customers can get a glimpse of the item you are selling. After this, you are ready to select the payment method that would be best for you.

Fourth Step: be patient enough to wait for your item to sell
Remember that eBay will not leave you behind in getting your item sold. They provide tons of hints and tips to make your item more appealing to the buyer. Even if your item does not sell straight away, you may still end up receiving a lot of questions from potential bidders. If you want to seal a deal, be sure to respond to the questions accordingly.

It is not necessary that once you post an item, that it has to sell immediately. If you are not successful in selling the item, then you can post it again without having to pay a fee.Fifth Step: Get payment from the winning bid and have it posted
Your buyer will be informed via his or her email, regarding the process on how to pay you for the item. Before you send the item to the customer, make sure that you get the payment first.

After receiving the payment, you can then continue to ship the item to the buyer. Be sure to double check the shipping details available from the confirmation email that you received from eBay, and then you're done.