by salehoo » Sun Jan 03, 2010 5:06 pm
Hi seller784,
I would also suggest making a Completed Listings Search on eBay and checking out your competition. Check out the average selling price and the sell through rate and note that the wholesale price needs to be at least 20% lower than the retail price in order for you to make money.
If you think that there are too many sellers of this product on eBay and that it would be difficult to compete considering how low they can offer their products for, you might be better off selling on a specialist site like what Spencer has suggested. Sites like etsy.com may not be as popular and may not get the most traffic like eBay, these sites are also gaining popularity and more and more people are turning that way for some great deals.
Good luck on your business and may 2010 be a more fruitful year for you!