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How to Purchase Products to Sell on eBay

This is our fourth in a series of articles to help budding eBay entrepreneurs get started.

If you are looking for products you can sell on eBay, you might want to consider purchasing products that you can then resell on the site. Here is a list of some ways to find those products:

Government Auctions

So you want to know how to sell things on eBay? It’s quite simple: offer good products at bargain prices, and one of the best places to find really good items is at government auctions. Most of the items sold there are in mint condition and sold in bulk so you can get a very good discount.

Storage Unit Auctions

Most storage unit companies will sell the items in lockers once people fail to make a specified number of consecutive payments. This is another wonderful place to find things dirt cheap that are in a good condition.

Yard Sales

One person’s junk is another person’s treasure, so you can get some really valuable items at garage sales that are frequently offered at throw away prices.

Consignments

This is one of the easiest and fastest way to make money on eBay — sell somebody else’s stuff and make a cool 25% profit or more.

Retail Inventory

If you own a store, you could get rid of some of your old inventory through eBay. Alternatively, get in touch with the stores in your area and offer to help them sell their inventory for a percentage of the profit.

Festivals, Fairs and  Church Bazaars

When at a church bazaar, simply buy what’s left over for a deep discount. While at festivals and fairs, look for day sellers who want to sell all their items by the end of the business day. You can usually get huge discounts from them.

Drop Shipping

This is another simple way of doing business on eBay. Contact a drop-shipping establishment, and choose the products that you want to sell. The drop-shipping company ships products directly to your eBay customer. Obviously, your profit is the difference between what you charge your customer and what the drop-shipper charges you with shipping costs figured in.

eBay

Look on eBay for products like antiques, etc. that you can buy and then turn around and resell on eBay for a nice profit.

Of course, you don’t want to try all of these ideas at once. But pick a couple that appeal to you and get busy!

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Selling the Stuff You Have at Home on eBay

This is our third in a series of articles to help budding eBay entrepreneurs get started.

<i>This is our third in a series of articles to help budding eBay entrepreneurs get started.</i>

The wonderful thing about eBay is that you can sell most any odd item in your home and make a few bucks. We have all heard the old adage one man’s trash is another man’s treasure. Well it has never been truer than on eBay. So, here is a look at how to sell things on eBay without actually purchasing them.

With the economy still continuing its downward spiral many folks out there are trying to make a few extra bucks to keep their finances on track, and a good way to do so is to make some money from the things around your home which you are never going to use. If you are one of these people who are trying to figure out how to sell things on eBay, let’s begin by looking at what sells and how to find these items at home.

eBay has many users looking for collectibles such as old records, paintings, art work, copies of old or historical documents, books, furniture, and other rare or vintage items. So, start by rummaging through your closet, looking for items that may be useful to others even though they have little use as far as you are concerned.

Items like antique records, celebrity autographs, religious and other books, particularly those that are out of publication, old china and even your wedding dress can fetch you a decent amount of money. Remember the trick here is to offer a bargain.

Once on eBay, spend some time looking for items similar  to the ones that you want to sell on the auction list. eBay also has an advanced search option which can be used to look at the completed auctions from other sellers. You are trying to look for the auction time here, the description of the products, and the titles used by successful sellers.

Simply emulate these ideas to strike gold. Remember that your product is only going to sell quickly and at a decent price if you do a proper job of displaying and marketing it. So go ahead and take some time to get this right.  Post a picture of the product so that your buyers know exactly what they are going to get.

The site has several tutorials that give you step by step instruction on how to start selling on the site. Include as many keywords as you can in the listing and the title because people will often conduct their searches through keywords. Make your title descriptive and attractive.  Instead of going for something like new slippers, spruce it up and make it ‘Brand New Black Faux Fur Slippers’.  Be honest, of course.  But also get people excited about what you are offering.

Ensure that all your client communication is prompt and polite.  This will help you to increase your sales.

As you can see, the old junk lying in some corner of your house actually has money making potential, so why not exploit it?

Stick around for part four in our eBay start up series!

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Finding Products to Sell on eBay

This is our second in a series of articles to help budding eBay entrepreneurs get started.

After you have registered with eBay and opened a store, the second step of learning how to sell things on eBay is to find products that will attract customers. So let’s look at the type of products that you can sell and where to find them.

Selling products online is relatively easy but if you want to know how to sell things on eBay to generate a sizeable income; you will have to put in a fair amount of market research. In any industry, the more unique your product the better will be your chances of finding a buyer.

Unique Products that sell fast

With a little bit of imagination you can find several places where you could purchase unique products dirt cheap and then sell them on eBay for a hefty profit. For instance, start by rummaging through the yard sales in your area. Not only will you find many items at throw away prices here but also because you will not be able to get more than two pieces of a particular item you will be able to offer your customers something exclusive.

You simply need to have a keen eye for products that customers will want to buy; you could hop over to your local dollar store and come back with a bounty.

Don’t forget the boutiques and second hand stores in your area, often these establishments sell items that are rare and vintage. It may take you some time to forage through all the items in such a store but you will be glad that you did it if you find the right set of items that can be sold on eBay.

Get in touch with the manufacturers of new and interesting products in the market; this can usually be accomplished with a few mouse clicks. If you apply to be a distributor for a manufacturer who is trying to gain an edge in the market, you may even get a discount.

Go through your newspaper in search of local auctions from estates and repossessed houses. You can usually get information on the type of items being sold and the auction time from the local phone book.

If your creative juices are flowing, try making your own unique products; these are a big hit during the holidays. For instance, you could make a T-shirt with a fourth of July motif or a door wreath around Christmas.

The good thing about selling on eBay is that you get access to all the tools that you will need to find out about products that are hot sellers and you will be able to trade in a similar niche.

For cheap products look for overstock clearance sales and establishments that are going out of business and would like to sell their entire inventory.

More help with setting up your eBay business in our next article!

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How to Open an eBay Account & Set Up Your Store

This is our first in a series of articles to help budding eBay entrepreneurs get started.

With the economy still in doldrums, thousands of people are turning to the internet to generate a second income. eBay presents a wonderful opportunity to make a decent income online. So if you want to know more about how to sell things on eBay, here is some information on how to open an eBay account and set up your store.

Setting up your eBay account

If you are wondering about how to sell things on eBay you will have to start by visiting the eBay homepage. Here you should see two buttons, one that reads “register” and the other that reads “sign in”. Click on the register button to reach the eBay registration page.

You will have to provide the appropriate information such as your name, email, and address as requested on the “Welcome to Registration” page.

The next step is to create a log-in ID for yourself along with a password. Your log-in ID will also be your username so if you intend to use your eBay account for business purposes, pick a name that is descriptive of what you do and sell.

You will have to provide the chosen password twice. Write down your username and password in safe place so that you can access it when required.

A secret question will also be required. If you ever lose your log in information you can get in touch with eBay customer service and they will verify the answer to the secret question before sending you the log-in details.

Finally, check the box that confirms your agreement to eBay policies and you are done.

Setting up an eBay store

Once you have completed the registration, log-in to your account and click on the “myebay” tab on the top right hand corner of your screen. From here you will simply need to go through the prompts. There are several options to choose from when setting up an eBay store — a $15 account is appropriate for a beginner. Free one month access to the selling manager feature is included in the fee, and you will be charged an additional $5 for it from the second month on. Even if you make an incorrect selection you can always change it later, so no need to fret.

Next, choose the layout, the categories and the store motto. And that’s all there is to setting up an eBay account and store.

Stay tuned for part two of our eBay series!

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