So you've decided to start up an eBay business have you? Maybe you've
picked out a wholesale source and you're ready get your hands dirty as
an eBay retailer. Your awesome wholesale supplier has thousands upon
thousands of items, so it should be easy to make a fortune, right?
What to sell on ebay
Well,
maybe not. Not everything sells well on eBay. I take that back.
Everything does sell well on eBay... if the price is right. And that's
what really sticks a thorn in your side. Thousands of wholesale
products, but so few that you can resell on eBay for a worthy profit. Am
I right?
One of the most common complaints I hear from would-be
entrepreneurs looking to hit it big with online auctions is that they
can't find a decent product source with wholesale pricing low enough for
them to turn a profit with. But the reality is that virtually any
product source of respectable size -- whether they claim to be wholesale
or not -- will have items that are quite capable of turning a tidy
profit on eBay. You just have to know what to look for.
To start
with, you've got to do some deep research. At a high level, that means
choosing a product and searching through eBay's completed item listings
to see how much the item is selling for. That is the most basic research
you can do that will provide effective results. Only problem is that it
is a long and tedious process.
The good news is that the longer
you do it, the easier it gets. You start to get a feel for what might or
might not sell well. In time, your research time will grow shorter and
shorter, and pretty soon you might even find your groove, settle into a
specific product niche, and start on your path to eBay super stardom.
To
make life easier, you might want to take a look at some heavy-duty
research software such as Terapeak. Trust me, using something like
Terapeak makes researching items much easier.
And don't forget to
use eBay's tools like "Want It Now" (where buyers tell you exactly what
it is they want to buy, which can help you narrow down your search
field) and eBay Pulse (a listing of the most popular searches).
It
might take a little practice. But with time and experience, you'll not
only be an eBay selling expert, but an eBay research genius too.
What to sell on ebay