What To Sell On EBay To Make Money

by admin on July 13, 2010

If you’ve been wondering what to sell on eBay to make money, then these questions will be familiar:

Where do I find ideas?
Should I sell the most popular items?
How do I know a good idea?

These are the typical questions every new seller faces when contemplating what to sell on eBay. eBay contains so many items for sale that you may feel overwhelmed from the start… You may even wonder how you can possibly find a product idea when the market appears to already be full!

So where do you start then? Here are 5 valuable sources to finding products when you’re searching for what to sell on eBay…

1. Garage Sales

Garage sales can be a great chance to find potentially valuable products selling for almost nothing. However, they do require a regular time commitment and a lot of patience! You’ll probably drive around a few sales before you find something suitable.

Garage saling requires planning and rising early. The best thing to do is to look through the morning paper as soon as it arrives. Plan your route to make efficient use of your time when you’re searching for what to sell on eBay so that you’re not doubling back.

Make a list of products you would like to find and the max amount you would pay in order to profit. Plus, don’t forget to take cash… Take small bills and change because most garage sale owners only have a small amount on hand. It’s a waste of everyone’s time if you have to run to the ATM machine.

Garage sales can be great sources, but they rely on luck and having a high-time cost-per-item; therefore, when considering what to sell on eBay, remember that serious eBay sellers don’t rely on garage sales alone as their sole source.

2. Clearance stores

At certain times of the year, most major retailers will have a stock clear out sale. If you know the store is going to have sales regularly, then this can be one method of getting stock. Some of these can give you the chance to buy things 50% or more below the regular retail cost. Good clearance sales can sometimes be below a wholesale price.

Be sure to not overlook the small hobby shops in your area that are having clearance sales. When searching for what to sell on eBay, these sales can be a great source to find products too.

3. Liquidation sales

Liquidation sales are a great way of finding brand name products at huge discounts. Check your newspaper and look for a sale in your location.

Before buying from a liquidator check to see why the stuff is being sold. Most of the time liquidation sales take place for good reasons such as a company bankruptcy, store relocation, or whatever. However, it’s always good to check as you don’t want to wind up with a pile of things you can’t sell. Also, remember to not bother with liquidation products that’s outside the scope of your niche when hunting for what to sell on eBay.

You can find liquidation sites on the Web. These sites make it really easy to buy liquidation, especially if you live in an outlying area. Just make sure that the possibility of damaged stock and used or returned products included in the lots is small or even non-existent.

Just like garage sales, liquidation sales are a great way to supplement your supply when looking for what to sell on eBay but they can’t be relied upon to restock the shelves.

4. Estate sales

Estate sales can be a goldmine for someone selling vintage clothes, jewelry, furniture, books, and so on. Again, you need to know how much you can afford to spend before you go.

Don’t forget to buy products your customers would like when considering what to sell on eBay, rather than getting caught up in your own excitement for what’s for sale. Be aware that estate sales run by an agent are unlikely to display the same bargains as one run by the family.

5. Wholesalers

Wholesalers are the most reliable method of sourcing goods. While the process can be time-consuming at first, it’s the effort that pays off. When you’ve found a wholesale, you now have certainty of when you’re going to receive stock and how much you’ll have to pay for it.

When making the choice of what to sell on eBay through a wholesaler, remember that the best way to find wholesalers is to use a good directory. A quality directory will remove the risk of dealing with illegitimate wholesalers and will give you some peace-of-mind when dealing with wholesalers and manufacturers, particularly from China. Wholesalers should be the mainstay behind your product sourcing!

Conclusion

Deciding on what to sell on eBay can be difficult when you’re not sure where to find good products, but these 5 eBay tips to finding what to sell on eBay are sure to clear up that uncertainty!

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Mortgage 101
July 13, 2010 at 8:34 pm

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aron madella April 1, 2011 at 2:40 pm

It is such an honor to have the chance to join the discussion of this great blog site!
aron madella recently posted..Best Things To Sell On eBay SecretsMy Profile

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