the ebay business answer book
What should I sell on eBay Part 2
"What I have to sell on eBay?" is the biggest question I receive from my readers newsletter book buyers. Let me say at the outset: ". There is no way I can answer that question "No one can answer that, except you.
Unless you have very deep pockets, I can tell you that you can not be sold on eBay: Plasma TVs, iPods, laptops, cameras and digital music players late model DVD player, Xbox, Gucci shoes, the latest perfume and other hot consumer products. Distribution Wholesale products are closely controlled by the manufacturer.
For example, if you want to buy iPods in bulk to sell on eBay, the concessionaire is required to have a credit line of $ 200,000. Channel only sell their perfumes in some stores for selection. You can purchase surplus items or designer Famous surplus (Gucci, Prada, Hermes, etc.) through some, but the final product is sold in its retail stores and some high-level selection.
Recently providers, wholesalers and several companies have reduced demand for vessels that have iPods and Xbox consoles at a price where you can win money. Be careful. Many of my readers have sent thousands of dollars to companies for a transfer of Xbox consoles that never appeared. Other lists of drop ship companies that never delivered and never responded to e-mail once the item was sold and paid for. Companies that sell iPods through the channel drop ship prices are so high, after adding in the price of the expedition ship and can not fall not make money. Other companies say they have iPods, but once you pay the membership fee of $ 199, suddenly "exhausted." The only place I've found unless you sell on eBay iPod is in my local Costco. And they were only about $ 12 less is not enough obtain a benefit.
Return to the original question: What should I sell on eBay? As I said, only you can answer this question, but Here are some tips to help you understand what to sell:
* You've probably heard a dozen times, but to sell what you know and love. I picked up cups of Starbucks, bears and cards for some time. Last year, I started selling and have built a very good – and profitable niche. Because I know a lot about them, I recognize a good value when I see it and can often double or triple the money to buy a collector's item.
I love my new laptop, but I am not a computer expert. If I were a type of computer complete, could not afford to become a distributor of a computer company, but there are sources of surplus and equipment Rebuilt. If you knew about computers and the market, I would like to know what were good value for money and how he could market and sell them. Do not have this knowledge, however, would be very risky for me to buy a pallet load of surplus computers from someone like Liquidation.com.
* Try to find a niche. A niche can be a product category, product, or even how to market a product. The main advantage selling in a niche is that you really get to know the product, the market price, sources and because it is a niche, competition is much more low.
* Select the products you can be sure of making money. By a small margin on something that sells for over $ 500 is good, but if it takes only 10% after the cost of a $ 50 item, you have to sell a large quantity of products to make $ 500 per week. If I sell something under $ 100 I am looking for a margin of 25% net after costs, fees, shipping costs and eBay and PayPal.
* Research, research, Search! Do not buy anything until you sell on eBay having carefully examined the product, market and competition. Make sure the object is sold at a profit. There are many search services. I tried everything, but for now, my favorite is Builders Bright HammerTap. This has always been a good tool, but the new version really crushes the competition. You can get a one month trial for only $ 1.00
* If you're really stuck, start by selling things around your house, then move the sale of items that you buy in sales garage and thrift stores. While doing this, you will see emerging patterns – things that sell well and are easy to purchase. If you are patient and try many things that will lead to a niche.
A person who did this are very old machines sold well and was easy to find good price on garage sales. He is now an eBay business selling vintage and collectible large gear such as reels, rods, lures, etc.
Another woman I know who saw puzzle model sold very well. Some went for a few dollars, while others offer high prices – As much as $ 50 each. With the experience she has learned that those who buy to return enormous profits. A few hours spent in Garage sales spend less than $ 20 can often return more than $ 500 in sales.
* Nonfiction books sell well on eBay. Look for books in good condition topics as art, photography, transport (cars, trains, airplanes, etc.), to books, courses (once found a cassette tape during a book on "Winning at Black Jack in a garage sale at a cost of $ 5.00. I sold it on eBay for over $ 70), local and regional history, guides pricing and collecting antique (less than 5 years) and books about animals. Stay away from cookbooks if it is a very famous. Children's books sell very whether they are in excellent condition and children's books pop-up can win a fortune if they are not broken or torn. The best sources are books sales garage, flea markets and local thrift store.
Product information * and the new policy on using eBay to sell digital products downloaded can be the most profitable niche on eBay. Last month, I made a great teleseminar with Tim Knox, who is an expert in creating and sale of information products. Her book on creating information products is one of the best on the market. Tim recently wrote a short article that I posted on my page called Free Articles How to create your own product information. You can read the article, or click here to read the new book Tim.
I'm working on a new product should be launched in time for eBay Live. It's called How to Create and sell information products on eBay. View my launch date newsletter.
Whatever you decide to sell, try a small amount or research first ensure there is a market before committing a large sum of money and ensure you have a stable source of supply.
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