When you're trying to figure out what to sell on eBay, remember the seasons.
If Easter is coming up, sell bunnies.
If it's getting cold, sell coats. If it's getting warm, sell coats to customers in the other hemisphere.
If a Batman movie is coming out, sell Batman stuff.
This is over simplified of course - but sometimes holidays, the weather, human events, etc are as good a guide as any about what you should try to sell if you can find it.
Showing posts with label product sourcing. Show all posts
Showing posts with label product sourcing. Show all posts
Wednesday, April 15, 2009
Thursday, March 19, 2009
Repeat Repeat Repeat if you can!
So when you're looking for stuff to sell on eBay, if you have the choice to get 10 different things to sell or 10 things that are exactly the same to sell - all else being equal - definitely choose 10 things that are exactly the same...
Why?
First of all, instead of having to write 10 listings descriptions and taking 10 photos, you'll be able to use one listing description and one photo 10 times!
Second, you'll only have to figure out the best way to ship that item once. No need to get a bunch of different sized boxes and so forth.
Third, if its a really hot seller and you have multiples of the same item - you can always offer second chance offers to bidders who come in just behind your highest bidder.
So re re re repeat if you can!
Why?
First of all, instead of having to write 10 listings descriptions and taking 10 photos, you'll be able to use one listing description and one photo 10 times!
Second, you'll only have to figure out the best way to ship that item once. No need to get a bunch of different sized boxes and so forth.
Third, if its a really hot seller and you have multiples of the same item - you can always offer second chance offers to bidders who come in just behind your highest bidder.
So re re re repeat if you can!
Sunday, March 8, 2009
On eBay, make money when you BUY
One of the biggest questions eBay sellers often ask is, "where can I get stuff to sell?!?"
That is a whole topic on its own - but one thing that I've learned when looking for stuff to sell is: make money when you buy.
It sounds a little counter-intuitive, but its true. What I mean is, don't bank on making a profit by buying something at a reasonable price, and then hope to sell it for a good price. Rather, look for things that you can buy at a ridiculously low price - then plan to sell them for a reasonable price.
Why? First, your chances of flipping the item quickly are much greater if you can offer it at a reasonable price - which means you can then take the money you had invested and go out and get something else for your inventory. Second, you may still be able to sell that item for a good price, then you make that much more profit.
So, look to make the profit when you buy - it will make getting the money when you sell so much easier.
That is a whole topic on its own - but one thing that I've learned when looking for stuff to sell is: make money when you buy.
It sounds a little counter-intuitive, but its true. What I mean is, don't bank on making a profit by buying something at a reasonable price, and then hope to sell it for a good price. Rather, look for things that you can buy at a ridiculously low price - then plan to sell them for a reasonable price.
Why? First, your chances of flipping the item quickly are much greater if you can offer it at a reasonable price - which means you can then take the money you had invested and go out and get something else for your inventory. Second, you may still be able to sell that item for a good price, then you make that much more profit.
So, look to make the profit when you buy - it will make getting the money when you sell so much easier.
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