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What to Sell on eBay - 7 REAL Tips for Finding Successful
Products
This question has become one for the ages. There are many
answers to it, few of which will actually help you. Today we will
give you 7 tips you must keep in mind when you search for items
to sell on eBay.
The problem with asking the question "What can I sell on eBay"
is that you're likely to get one of a small group of boilerplate
answers. These answers get repackaged and dispensed as brand new
answers, however they are still the same, reworked, difficult
advice.
The most common answers you will find are:
- Look for items at garage sales, flea markets and estate
sales.
- Speak to manufacturing corporations and ask them if you can
sell their products on eBay for them.
- Buy from wholesalers.
- Buy cheap items from retail stores.
- Negotiate with stores to sell their overstocked items.
The problem with all of these things is they just don't
work, they are too complicated, or they are just overdone.
How to Settle on a Product
There are 7 necessary tips to keep in mind when searching for
a product that will sell well. To find the best product it must
meet a number of guidelines.
- Keep it small. Larger items bring with them a host
of issues, from storage to shipping and everything in between.
Unless storage is not a problem for you, keeping more than a
few large items around can cramp up your extra rooms, basement
and garage. The problem is that you need to be able to keep a
large supply of items that you're selling to make any real
money. Making $100 on a sofa is great, but it hardly pays the
bills. If you have any ideas about quitting your job or
supplementing your income, you will need to be selling a lot
more of these. Heck, 3 or 4 sofas in a room should fill it up.
So where are you going to put 10 of them? Keep your items
small, and you can use shelves, drawers and closets for
storage.
- Can it ship easily? I know we covered the size issue
in the previous paragraph, but it comes up again here. Even if
you find the perfect product, you must be able to ship it
easily and cheaply. You may find a great deal on rocking
chairs, but how are you going to get a box around them? Not to
mention, the shipping costs on large, heavy and bulky items can
be in the hundreds of dollars. Look for products that can ship
for a minimum amount of money. Anything from toothpicks to
books fit the bill nicely.
- Find a niche! If you try to sell everything to
everyone, you will end up selling nothing to anyone. The more
specialized you become, the better your chances of being able
to offer unique items. For example, there are thousands of
people on eBay selling DVD's. Prices have been cut down to
nothing, and profits along with them. The only way to make
money as a DVD seller on eBay is to be one of the few sellers
who have huge volumes. Starting out that way is very tough
indeed. On the other hand, if you sell a specific type of DVD,
like old horror movies or cartoon sets, you will likely have
better profit margins. The large DVD warehouses just can't move
enough of them to make it worth their while. Come up with a few
niches, and you should do pretty well.
- Beware of seasonal items. Christmas decorations may
sell well from October until December, but no one will be
buying them in April. If you will be selling seasonal items,
make sure you know when their season ends, and don't get stuck
with a lot of leftover products.
- Fads can be great money-makers for short periods of
time, but after that, good luck getting rid of them. Think
of Beanie Babies, Tickle Me Elmo and Cabbage Patch Kids. All of
these fads enjoyed phenomenal sales due to their intense
popularity. After the boom, however, sales (and prices) dropped
immediately. Ride the waves of popular items, but beware of
their life-cycle. Prepare for the end of the fad, even as you
are beginning the selling.
- Bring something unique to the marketplace. This
seems difficult - and it can be. If you have access to
something unique, such as a specialized book, health product or
computer program that other sellers don't have license for,
your products will be in demand. This tip is worth putting some
time into. Think of ways to obtain such products, or modify
existing ones (But be sure of your rights to do so!).
- Sell what is in demand. Coins, stamps and other
collectibles are always in demand. They are easy to buy and
easy to sell and ship. If you spend time researching the ones
that sell the best, for the most profit, you can do very well
in this area. Try to come up with unique ways of presenting
these items as well.
- Hopefully these tips will get you
started. Always keep in mind that uniqueness seems to be the
key to eBay success. Even if you're selling existing and
plentiful items, come up with a unique way of selling or
packaging them, and you may just find the next winner.
Good luck, and happy selling!
©2005 Matt Blasses
Matt Blasses is the author of the groundbreaking ebook
"How to Get Rich Buying and Selling Stamps on eBay - Even if
you don't know anything about stamps."
This ebook is available for immediate download at http://www.stampebook.com
You can reach Matt Blasses at: mblasses@comcast.net
MORE RESOURCES updated Thu. February / 09 / 2012
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Elizabeth Taylor auctions raise $183 millionWHIO RadioChristie's auction house says all of the 1817 lots offered sold at auctions in New York and London, some at 50 times their pre-sale estimates. The top lot was Vincent van Gogh's landscape "Vue de l'asile et de la Chapelle de Remy," which once hung in ...and more » |
 WSB Atlanta |
Elizabeth Taylor auctions raise $183 millionWSB AtlantaChristie's auction house says all of the 1817 lots offered sold at auctions in New York and London, some at 50 times their pre-sale estimates. The top lot was Vincent van Gogh's landscape "Vue de l'asile et de la Chapelle de Remy," which once hung in ...and more » |
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Elizabeth Taylor auctions raise $183 millionU-T San DiegoChristie's auction house says all of the 1817 lots offered sold at auctions in New York and London, some at 50 times their pre-sale estimates. The top lot was Vincent van Gogh's landscape "Vue de l'asile et de la Chapelle de Remy," which once hung in ...and more » |
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Elizabeth Taylor auctions raise $183 millionKTUL (blog)Christie's auction house says all of the 1817 lots offered sold at auctions in New York and London, some at 50 times their pre-sale estimates. The top lot was Vincent van Gogh's landscape "Vue de l'asile et de la Chapelle de Remy," which once hung in ...and more » |
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Elizabeth Taylor auctions raise $183 millionYorkdispatch.comChristie's auction house says all of the 1817 lots offered sold at auctions in New York and London, some at 50 times their pre-sale estimates. The top lot was Vincent van Gogh's landscape "Vue de l'asile et de la Chapelle de Remy," which once hung in ...and more » |
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