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Finding Products to Sell on eBay
Do you know how many people in US are earning their livelihood
with the help of eBay? According to a new survey conducted on
July 2005 by ACNielsen, a leading research firm, an astounding
724 thousand Americans respond that they rely on eBay for their
main or supplemental income. Apart from these professional
sellers, another 1.5 million people confirmed that they generate
additional income by selling goods on eBay. Last year alone,
around 150 million registered users have sold over US$ 34 billion
worth of goods on eBay. Isn't it amazing?
Why entrepreneurs are flocking into eBay? Some of the reasons
are quite apparent.
? Starting a business on eBay is easy and quick
? You don't require large investment
? Anybody can start an eBay business, no special skill is
required
? You can sell virtually anything on eBay
? With your eBay business you can have flexible work time
? You have a ready-made market of over 150 million people and
counting
? eBay get 1.5 billion page views each month. You get access
to this massive traffic almost paying nothing.
So, there is no wonder that anybody with slightest penchant to
have their own business will jump into this great opportunity.
But, there are two major problems that many of the would-be eBay
sellers encounter. The first is what to sell and the next is
where to find it.
What to sell?
According to Forrester Research, a major research company,
this year, categories with products purchased by women will have
the most growth in online retailing. Some categories are already
getting more than ten percent of their overall sales through the
Internet, which include: computer hardware and software, tickets,
travel, books, consumer electronics, cosmetics and fragrances,
toys and video games, and flowers, cards and gifts. While
choosing items to sell on eBay, you should also explore the
features available on eBay and other places on the Internet that
show items people search and items people actually buy.
eBay has a complete section called "Seller Central" dedicated
to delivering utmost information to help you succeed in selling
products through eBay. Two links from this section should
interest you. One is What's Hot
(http://pages.eBay/sellercentral/what'shot.html) and the other
one is Category Tips
(http://pages.eBay/sellercentral/sellbycategory.html).
When you go to the subsection 'What's Hot', check out the
following three areas:
Hot Items by Category
This is a comprehensive report of categories, and products
within a category by the ratio of bid to listings growth rate in
PDF format. The report gets updated monthly and shows which
products have increased demand in comparison to last month. Super
hot products, for example, have over 35 percentage point
difference between bid growth rate and listing growth rate.
According to the latest report, by the way, Sunglasses for men,
in particular Prada sunglasses are super hot.
eBay Pulse
This is another area where you can see the top ten searched
categories, ten most widely watched auctions, list of stores with
most active listings, and other cool stuffs on daily basis.
eBay Summer Catalog
This is a new subsection. It's a real catalog with pictures
and average price of products. In each category of products there
is a list of top ten summer trends. You, definitely, should check
this out if you are planning to start selling now.
In Demand
On the page "Category Tips" under each category you will see a
link under the name "In Demand". This area will show you a list
of ten most sold items of this category as well as most searched
items for each subcategory.
You might also like to see what people buy on non-eBay part of
the Internet. The Shopping.com Consumer Demand Index (CDI)
(http://www.shopping.com/CDI/cdi.cmp) makes a weekly list of most
sought after items. This list could give you the needed glimpse
to the future market trend!
Where to find items to sell on eBay
Your own home
If you are just planning to start selling on eBay, your first
option is to go through your attic, closets and garage. Find
those long stashed items that you will probably never need. These
may include: books that you will perhaps never read, CDs that you
out grew, gifts that you received but did not like much, the list
can go on! Take them out, brush them off and post them on eBay
for sell.
Flea markets and garage sales
Every body knows that garage sales and flea markets can be
real treasure troves! Well, now you can look at them from a
business point of view. Your sales experience with own home
items, hopefully, will help you understand what will sell well
and what won't. Don't go for any costly items as yet.
Local liquidators and auctions
Classified sections of local Newspapers' week-end editions are
good place to look for estate auctions. While buying items from
local auctions determine what are you going to buy and for what
price beforehand and stick to them no matter what! At an auction
there is always a risk of getting carried away!
Go visit some local business liquidators. These are excellent
places to find items for bargain price.
Drop shippers (http://ezine.rusbiz.com/article/39)
When a manufacturer, wholesaler, distributor or importer,
after receiving an order from their retailers, individually pack
and deliver the product to the customer of the retailer with
retailers address as shipper, this selling technique is called
drop-shipping. This is an excellent way to find products to sell
on eBay. Drop ship source directory
(http://www.worldwidebrands.com/wwb/?8188) is the place to go if
you are looking for drop-shippers.
eBay
eBay itself can be a great sourcing place for you. Check out
wholesale items and eBay business marketplace from your chosen
fields. In order to find wholesale listing, while searching a
product select "Items listed as lots". You can buy goods in
wholesale and then sell them piece by piece and make decent
money. Of course, you have to develop good knowledge of the
products before doing this.
If your business has grown and you are considering importing
products to sell on eBay, read my article "Importing Products to
sell on eBay" (http://ezine.rusbiz.com/article/52).
The bottom line is there was never a better time to start a
business. If you feel this is really your cup of tea, just go for
it!
Nowshade Kabir is the founder, primary developer and present
CEO of Rusbiz.com - a Global B2B Exchange with solutions to
create e-catalog, Web store, business process management and
other features to run a business online. You can read various
articles written by Nowshade Kabir at http://ezine.rusbiz.com.
 MORE RESOURCES updated Thu. February / 09 / 2012
WHIO Radio |
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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RELATED AUCTION INFORMATION ARTICLES:
eBay - Tapping Into The
Japanese Collector Market
If you owned a skateboard shop in your local mall would you
put a big sign in the window saying "No Baggy Pants
Allowed"? Of course not. If you did you would be
eliminating 50% or more of your most avid potential
customers.
Image Hosting For Online
Auctions
Use eBay picture service or host your own photos? If you use
the eBay picture service, your first photo is free. But
each additional picture will cost you $0.
What YOU Must Know About
The Advantages And Pitfalls Of Dropshipping
The following may be the most important information about
dropshipping you will find.Dropshipping can be a great way
to get started with your online venture.
Drop Shipping Increases
Profits
You would like to increase your income by selling other
peoples` products but you just don't have the money to
stock inventory.On the other hand, perhaps you have lots of
your own product and would like to increase your sales, but
you don't have a lot of money for advertising.
Fundraising Ideas Using
eBay
Have you thought of using the online auction site eBay as
your next major fundraiser?I have, and it was a huge
success!Like many other businesses the fundraising business
has seen an incredible change since the internet. Everyday
there are new tools, softwares and websites that are making
fundraising not only easier but a lot more fun.
Maria's New Lifestyle:
Short Story About The Benefits Shopping On The Net Has
Given
I've got this strange friend; her name is Maria. Maria's
always been a little weird but now things have gotten
unworldly altogether.
Selling on eBay-Get
Started in 7 Easy Steps
eBay auctions are definitely the easiest and fastest way to
start earning money online. eBay.
Taxing eBay Part
Deux
When my column on paying income tax on eBay profits ran it
brought a wave of emails on whether you were required to
report income earned from eBay sales to the IRS sparked a
number of additional questions and comments from eBay
sellers who were hoping that I could somehow validate that
their eBay activities were mere hobbies instead of actual
businesses and therefore not susceptible to IRS
taxation.Several folks argued that just because their
little eBay hobby generated a little cash, that didn't make
it a full blown business.
From eBay Zero to
Power-Selling Hero: The Devil Is In The Details
If you've ever heard the expression "the devil is in the
details," you can probably already guess how it relates to
today's lesson. The bulk of the work you do as an eBay
seller will be easy and repetitive, but it is the minor
details that will make or break your business.
Auctions Make
Money!
An untapped online business resource--outside of your basic
Yahoo and eBay, among others--is setting up your own
auction sales venue.Since most families have items in their
home that have outlived their usefulness, they can get
started at online auctions for mere pennies.
eBay and Dropshipping -
A Perfect Fit!
eBay and Dropshipping go together like a hand in a glove.
As you read this article, right now, thousands of eBayers
are running there own auction business.
Traditional Marketing
Techniques for eBay Auction Ads
Ya know, I sort of giggle when I look at an ad on eBay
that's just a black and white description of the item or
product that's up for bid. It wasn't long ago at all that I
would have done the exact same thing, but once I understood
some traditional marketing techniques, not just been
exposed to them; everything looked totally different.
Finding Antiques And
Collectibles To Sell On eBay
Many people who decide to make a living selling
collectibles on eBay soon fail. I meet them in the line at
the post office.
Don't Sell Grandmas
Jewelry at a Yard Sale...Get More Money
Have some vintage jewelry? There are several ways you can
sell collectible or vintage costume jewelry. How much your
vintage jewelry is worth depends on several things.
eBays Hot Selling Books,
Find Out Which Books Sell & How To Find
Them
Selling books on eBay can be a very lucrative business!
There are eBayers who sell only books and make a nice
little income doing it. Where do they get these books to
sell? At thrift stores, estate sales, flea markets, book
fairs, yard sales, library sales, grandmas attic, etc.
The Top Ten Antique
Categories On eBay!
Knowledge is Power! And this statement could not be more
true when it comes to selling on eBay. As explained in my
book "eBay Marketing Wholesale SourcePak", being successful
on eBay all depends on being in the right place, at the
right time, with the right product.
Selling Effectively on
eBay Motors
Remember back when selling online was a new experience?
Dealers tried everything to sell their vehicles online.
Today's market has expanded to include several hot online
marketplaces but there is the largest online marketplace,
eBay.
Authentic or
Fake?
1. Admit It: Old business models are no longer working.
Profit through Other
Peoples eBay Errors
There are many issues that influence how an eBay auction
ends. Timing, Description, Title, Photos, the list could go
on and on.
What eBay Can Teach Us
About Success
I flew back to New York from Atlanta a few weeks ago and
picked up 'Business 2.0' magazine for the flight.
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