What Are The Best Types Of Items To Sell On EBay?
Keywords: ebay, selling, buying, online auction, online auctions, sell, seller, sellers
One of the most asked questions I get is, “What are the best products to sell on eBay?”
The truth is that virtually anything will sell on eBay. But it must first of all be realized that nothing can be guaranteed - eBay is after all an open market place.
Here are some pointers which will lead you in the direction of finding the right type of products for you to sell:
a) Before we talk about actual products, at all times try and appear as if you know about what you’re selling. You will look more professional as a seller, and sell more if you give good, authoritative auction descriptions. This is just another way of saying ideally you should be selling things about which you have knowledge - indeed a hobby can be the basis of a successful selling business on eBay.
b) Some items are much easier to mail than others. So, think about small, lightweight items - these are easier to store, pack and post. Jewelry fits the bill neatly.
c) The items need to be robust enough to survive the handling they will get in the mail service. This also means they must be able to be well packaged. (Dropshipping is an alternative here, where someone else has the responsibility for packing and posting.)
d) Consider the debate between volume and value. Some items require volume sales to make reasonable profits. At the other end of the scale, expensive items could require a high investment but may return acceptable profits on low volumes of sales.
You can see this better perhaps with an example. Let’s consider DVDs and cars. Selling DVDs on eBay is a highly competitive market, often with narrow profit margins per item. You can make good money selling DVDs, particularly in specialist niche markets, but it will pay to plan along the volume route.
By contrast, if you could sell one car per week with say £500 ($1,000) profit each time, this may be where you want to be.
But if you’ve only got one car, how can you make a business out of selling one car? Easy, go and visit your nearest car dealer, preferably one who sells above average vehicles or even classic cars. Offer to put one of those cars in front of millions of eBay members on his behalf. Ask how much he wants for the car, and then put it on eBay with a Reserve Price of his figure, plus your profit!
If you need convincing of this opportunity, go and have a look at eBay Motors and see what buying traffic is being generated there!
One final tip. Information and computer products are also good to sell on eBay. Why is this? Because everyone looking on eBay has automatically qualified themselves as a prospect for both of these types of products.
First, they’re using a computer to access eBay, so they are a prospective purchaser of digital products such as information.
Second, as they are a computer user, they are also potential buyers of computer accessories, upgrades, replacements and consumables.
Whatever you decide to sell, you will definitely find a supply of potential buyers on eBay. With 168 million eBayers, you can be guaranteed that your item will be of interest to some members.
Brian McGregor is an eBay and internet entrepreneur. He recently created the ‘eBay Master Class’ for eBay sellers. For your free copy, please go to www.workwinners.com
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