Antique Fishing Reels On Ebay

What should I sell on eBay Part 2

"What should I sell on eBay?" is the single most asked question I get from my newsletter readers and Book buyers. Let me say up front: "There is no way I can answer that question." No one can answer that except you.

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

For example, if you want to buy iPods for sale at wholesale on eBay, the dealers that you have a $ 200,000 line of credit. Channel will only sell their perfumes that a few shops. You can overstocks or excess famous designer items (Gucci, Prada, Hermes, etc.) by a few branches, but the latest Product by first selling its shops and a few selected exclusive retailers.

Recently, several allegedly wholesalers and drop ship companies Entitled to Xbox and iPod prices have here you can make money. Be careful. Some of my readers have sent thousands of dollars to businesses for shipment Xbox, which never showed up. Others listed by drop ship companies that never delivered and never answered e-mail when the product was sold and paid for. Also Companies that have iPods over the Ship Channel drop such a high price if you're in the shipping and drop ship charges, adding that you can not make money. Other companies are entitled to iPods, but once you pay their membership fee $ 199, suddenly they are out of stock ". The only place I found iPods have sold less than on eBay is at my local Costco. And they were only about $ 12 less and are not easily make enough to make a profit.

So back to the original question: What should I sell on eBay? As I said, only you can answer that question, but here are some tips to help you figure out what to sell:

* You have probably heard this a dozen times, but sell what you know and love. I have collected Starbucks mugs, bears and cards for a while. Last Year I've started to sell and up have 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 if I buy a collector's item.

I love my new laptop, but I'm not a computer expert. If I have a complete Computer guy would do, I could not become a dealer for a computer company, but there are sources of surplus and remanufactured computers. If I knew computers and the market would really, I know that were a good value for the price and how I could market and sell them. Not with this knowledge, but it would be very risky for me to buy a pallet load of surplus computers from the likes of Liquidation.com.

* Try and find a niche. A niche, a product a product category or even how to market a product. The main advantage of selling in a niche that you're really on the product, the market, the prices and the sources and knowledge because it is a niche, there is much less competition.

* Pick products, where you can be guaranteed to earn money. A small margin on something that sells for over $ 500 is ok, but if you are only making 10% of cost to $ 50 items, you must sell a lot of products to make $ to 500 per week. If I Sell all for under $ 100 I am looking for a 25% net margin after costs, shipping and eBay and PayPal fees.

* Research, research, research! Buy They have nothing to sell on eBay until you have thoroughly the product, market and competitive research. Make sure that the item will sell at a profit. There are many Research services. I've tried them all, but by far, is my favorite of HammerTap Bright garden. This was always a good tool, but the new version really blows the competition away. You to one month test run for only $ 1.00

* If you are really stuck, move to start selling things out of your home, then on the sale of items you buy at flea markets and thrift shops. How you do you will see these patterns emerge – things that sell well and are easily to buy. If you are a patient and try a lot of things, they will guide you on a niche.

One person who did that old fishing gear well sold was cheap and easy to find at flea markets. He now has a great eBay business selling vintage and collector of fishing equipment such as rollers, fly rods, lures and so further.

Another woman I know that jigsaw puzzles sold very well. Some went for just a few dollars while others would bring high Prices – as much as $ 50 per person. With the experience she has learned to buy that huge profits are returned. A few hours at flea markets, spending less than $ 20 spent are often over $ 500 in sales returns.

* Non-fiction books sell very well on eBay. Find books in good condition on subjects such as art, photography, Transport (cars, trains, airplanes, etc.), how-to books, courses (I once found a cassette tape of course to win with a workbook with Black Jack on a Flea market for 5.00 €. I sold it on eBay for about $ 70), local and regional history, antiques and collectibles price guides (less than 5 years) and books about animals. Stay away from cookbooks, unless it is a very famous. Children's books sell very well if they are in very good condition and children's pop-up books can make a fortune if they are not broken or torn. The best sources for books are garage sales, flea markets and your local thrift shop.

* use information and products eBay's new policy on selling digitally downloaded products are the most profitable niches on eBay. Last month I had a great teleseminar with Tim Knox, who is an expert at creating and selling information products. His book on the creation of information products is one of the best on the market. Tim recently wrote a short article that I am free on my page wrote called How to create Your Own Info Product. You can either read the article, or click here to read about Tim's new book.

I'm on a new product, I hope, start in working time for eBay Live. It's called How to Create and Sell Information Products on eBay. Watch my newsletter for the start date.

Whatever you decide to sell ensure test with a small amount or research first, there is a market before committing a large sum of money and ensure 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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