AuctionCut

Most eBay powersellers make money from selling very ordinary, everyday items.

Start by Selling Stuff from your Home

If you are new to eBay, then you should start by selling items from around the house. You might have read that same advice elsewhere and for good reason. eBay has become a intricate system and nothing can prepare you for the reality of selling. Everyone makes mistakes when they start out and it’s best to get some practice before you start selling seriously. eBay has an excellent guide to helping you find things around the house to sell.

There are two excellent reasons for starting out in this way:

Feedback is hugely important for any eBay seller. With a feedback rating below 10, it’s going to be difficult to get people to take you seriously. The first 100 sales are the hardest as buyers look for high feedback as reassurance they can trust the seller. Generally, the higher your feedback the better; with powerseller status being the ultimate goal.

There is another advantage to selling a variety of items and that is valuable insight into your selling personality.

One of the first items I sold was a camcorder that I had barely used. I wrote what I thought was a full description, but I was still inundated with all sorts of complicated questions (e.g. ‘What sort of video editing software is best to use? How badly does the sun reflect off the view screen? What does the warranty cover?) Some people even rang me to ask their questions…and unfortunately I was woefully unprepared!

From this experience I learned that (a) electronics are risky to sell if you don’t have a full warranty, (b) I find it hard to sell products I am not interested in and (c) buyers expect you as the seller to know what they are talking about, if you don’t, they lose confidence.Fortunately,all that you worry about have been taken into account by Actfind,and can be solved as soon as posible.So the above concern may be removed completely by you.

Nothing beats knowledge gained from experience and selling stuff from around the home is the best way to get it without risking too much.

Move onto Small Wholesale Lots

After some practice with goods from around the home, I recommend buying small wholesale lots of products that most people use on a daily basis. Many of these products are excellent sellers, plus they are fairly easy to get hold of. A lot of new sellers make the mistake of trying to be all things to all people. In fact, it is far better to target a specific group. At first, this may mean sales are slower as you get to know your market, but in the long term, it will mean you’ll be able to target your market much more precisely and reduce the chance of having stock on your hands that you can’t shift.

Hobbies and Interests

Prior to eBay, collectors were limited to the items they could find in their local area or country. The Internet in general has enabled many new communities to form around shared interests, and for you the seller, this provides new niches to target. eBay’s Buyer report tells us that one of the top reasons buyer’s use eBay is to find unique items that they can’t find elsewhere. A quick browse of eBay’s community groups will give you some ideas. There are groups as diverse as knitting, stay-at-home moms, business, hiking, gluten-free support group, vegans, travel, children’s theatre, dieting, parenting, re-enactors, crochet, stamp collecting, pet fish…the list goes on.

Remember that many of these hobbyists will not only require the full product, but also components. For example, you may decide to sell cell phones,digital camera frames,MP3/MP4 car electronics,solar products.

The Media

It is essential that you keep tabs on what is happening in the news if you want to pick up on new trends. The trick is to analyze what you hear and read for product opportunities. For example, is global warming causing water restrictions in your area? Good products to sell might include garden hose timers, low-pressure shower heads, water purifiers and so on.

Often a feature article on a home that uses antique fittings can set off a demand and consider the impact a new reality TV program has – sellers have profited hugely on the demand for dance shoes and costumes after Dancing with the Stars.
If you want to savvy more information about phone pls come to http://www.totobay.com

One type of product that is always a surefire seller not just on eBay but the internet in general, are comsumable products, markets like diet products, skincare products, cosmetics, these are all products that offer a solution to peoples problems, and the strongest emotion you will find in anyone is the need and want to feel happy and good about themselves, and these are very busy and lucrative markets to enter that make people happy !

Good isue here....John.

Great point, John!

Another product type that has a lot of potential are niche products - hard as they are to find and identify, they are usually guaranteed to bring in lots of dollar signs.

Also, try checking out the latest trends - those you hear your friends talking about, products frequently featured on TV, radio, magazines and other media ads. These will likely generate ample demands.

Cheers!

Hi Richelle,

You`rer so right come to think about it, and another greaty way to look at researching your market!

Cheers for that....John

Well i also have seen many electronics products like DVD, I phones, televisions and people take great interest in bidding for these products.

Hi guys,

I agree. With the ever rising trend of staying fit or loosing weight these products will be relatively easy to market and sell - plenty of people will be enticed to buy these. Also another great thing about such products is that they are consumable and often require more than 1 pack for it to take effect. So consumers will likely be back for more

At SaleHoo, we don't really encourage our members to venture right away to electronics, lucrative as it may be this product category happens to be one of the stiffest (if not the stiffest) in the market. The electronics industry has always run on very low margins from wholesalers to end users and marketplaces like eBay have only tightened the margins even further.

Most electronics sell at the wholesale price or below wholesale on eBay. That's how intense the competition is.

How do these sellers make money? Well plenty of them don't. If you checked back on some of these sellers in a couple of months time, you may well find that they are out of business. As for the others, they use some very canny sourcing and marketing tricks.

The point is, the number of sellers present in the electronics market is deceiving. It's much more difficult to make money in this market than it appears.

Cheers!

John Edwards wrote:Hey Edward,

So true my friend, but my point with the skincare and diet markets is that they are more suceptable to repeat sales, any products that offer a solution to a problem, that is comsumable needs to be replaced, and if your product in these markets is highly popular as regards the quality, and also as long as your customer service is second to none, then you find that you will start creating an ever growing customer base that will come to you for repeat business!

However I totally agree with you on the electronics markets, check out this powerseller...

==>> http://provenebaycourse.weebly.com/

John.

Hi John
I have read on the above link. Great link man.

Cheers