Antique Pocket Watch Guides

What should I sell on eBay Part 2

"What should I sell on eBay?" is the most asked question I receive from my readers and newsletter book buyers. Let me say up front: "There is no way I can answer that question." Nobody can answer that, except you.

Unless you have very deep pockets, I can tell you that you probably can not sell on eBay: Plasma TVs, iPods, laptops, latest model, digital cameras and DVD players, Xbox, Gucci shoes, the latest perfume and other hot consumer products. Wholesale distribution of these products are closely controlled by the manufacturer.

For example, if you want to buy wholesale to sell on eBay iPod, the distributor requires that you have a $ 200,000 line of credit. Channel sell their perfumes to a few select stores. You can buy overstock or surplus items famous designer (Gucci, Prada, Hermes, etc.) by some outlets, but the latest merchandise is only sold through their shops and some privileged high-end retailers.

Recently, several vendors supposed wholesale and drop ship claim to have Xbox and iPod prices where you can earn money. Be careful. Many of my readers have sent thousands of dollars to companies to transfer Xbox that never showed up. Other listed companies drop ship that never delivered and never answered emails once the issue was sold and paid for. Companies that sell via the iPod drop ship channel have a high price once you add in the shipping and drop ship that you can not make money. Other companies say they have iPods, but once you pay their dues of $ 199, all of a sudden they are "out inventory. "The only place I found selling iPods on eBay is less to my local Costco. And they were only about $ 12 less, which does not make a profit.

But back 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 this a dozen times, but sell what you know and love. I collected Starbucks cups, bears and cards for some time. Last year, I started sell and we have built a very nice small – yet profitable niche. Because I know so much about them, I recognize a good value when I see it and can often double or triple my money when I buy a collector's item.

I love my new laptop, but I am not a computer expert. If I a complete computer guy, I could not afford to become a distributor for a computer company, but there are sources of surplus and refurbished computers nine. If I really knew computers and the market, I would like to know which ones are good value for the price and how I could market and sell. Having no such knowledge, it would be very risky for me to buy a pallet load of surplus computers someone like Liquidation.com.

* Try to find a niche. A niche can be a product, product category or even how you market a product. The main advantage of selling in a niche is that you really know the product, the market price and the sources and because it is a niche, competition is much less.

* Choose products that you can be assured of earning money. Make a small margin on something that sells more than $ 500 is good, but if you take 10% after expenses on a $ 50 item, you have to sell a lot of products for $ 500 per week. If I sell something for less than $ 100 Looking for a margin of 25% net after cost, shipping and eBay fees and PayPal.

* The research research, research! Do not buy something to sell on eBay until you have thoroughly researched the product, market and competition. Make sure the product is sold at a profit. There are many search services. I tried everything, but by far my favorite is HammerTap Constructors Bright. This has always been a good tool, but the new version really blows the competition away. You can get a one month trial run for only $ 1.00

* If you're really stuck, start by selling things around your house, then go to the sale of products that you buy at sales garage and thrift stores. As you do this you will see emerging patterns – things that sell well and are easy to buy. If you are patient and try many things will lead you to a niche.

A person who did this found that the old gear sold very well and was easy to find cheaply at garage sales. He now has a large gear eBay business selling vintage collectibles, such as reels, fly rods, lures and so on.

Another woman I know has found that jigsaw puzzles sold well. Some have gone for a few dollars while others would bring prices high – as much as $ 50 each. With experience, she has now learned which ones to buy that will return huge profits. A few hours spent at garage sales less expenditure of $ 20 can often return more than $ 500 of sales.

* Non-Fiction books are selling well on eBay. Search books in good condition on subjects like art, photography, transport (cars, trains, airplanes, etc.), how to books, courses (I once find a course of cassette tapes with a workbook to Winning Blackjack at a garage sale at a cost of $ 5.00. I have sold on eBay for over $ 70), history Local and regional price guides to antiques and collectibles (less than 5-years) and books about animals. Stay away from cookbooks if it is very famous. Children's books sell very well if they are in excellent condition and children's books pop-up can make a fortune if they are not broken or torn. The best sources for books are the garage sales, flea markets and your local thrift store.

* Information products and benefit from new eBay policy on selling digital products can be downloaded on the most profitable niche on eBay. Last month I made a great teleseminar with Tim Knox who is an expert on creating and selling information products. His book on the creation of information products is one the best on the market. Tim recently wrote a short article that I posted on my page free articles entitled "How to create your own product Info. You can read the article or click here to read the new book Tim.

I am working on a new product that I hope to launch in time for eBay Live. It is entitled "How to create and sell information products on eBay. Watch my ballot for the launch date.

Whatever you decide to sell, testing with a small amount or research first to make sure there is a market before committing a large sum of money and ensure you have a stable source of supply.

About the Author

Skip McGrath is an eBay Gold PowerSeller who has made his living on eBay and the internet since 1999. He is the author of several books about selling on eBay, Amazon and the Internet and publishes The eBay & Online Sellers News, the oldest and largest FREE newsletter for eBay and online sellers. Visit his website at http://www.skipmcgrath.com

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