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!