Auction Power Guide

I am currently trying to start an ebay business due to financial problems in the family. But before I start, I need to know what the most popular items sold on ebay are, how to get more customers, and just basically what makes a good ebay account.
Thank you for your time and concern for reading this!!

What should you sell on eBay? As a seller, the most popular selling items in the world’s best marketplace are also the most profitable. Hot products in hot niches make the most money for sellers because buyers are always looking for them and willing to compete to buy them.

Some of the most popular selling items include designer clothing, designer accessories, especially handbags and shoes, cell phones, and video games. There are many more hot products that are sought after by buyers, some of which come and go.

Currently the most popular video game system is the Nintendo Wii, and other popular systems include Xbox 360 and PlayStation 3. Video games are popular with eBay buyers, including vintage games from older systems. Some vintage video games bring extremely high prices. For example, an old NES video game recently sold for more than $17,000.

The average sell-through rate for products sold on eBay is about 30%. This means the average product sold on the popular auction site has a 30% chance of selling. For this reason it often takes 3-4 times to list an item before it sells.

Popular selling items on eBay have a sell-through rate of 50% or higher. Some niches even enjoy a sell-through rate of 75% or higher. When sellers sell in these lucrative niches, they have a much higher chance of having auctions end with the item sold.

By sticking with hot products in lucrative niches, sellers sell more products for higher prices, and pay less in listing fees because the majority of items sell the first time without the need to re-list them.

When choosing products to sell online, it is always best to stick with the most popular selling items on eBay, because buyers are always searching for them, willing to pay more for them, and they bring high profits for sellers.

I just got a website full of products to sell on ebay but the problem is that I don’t know what starting price I should put my items on Ebay. For Example: I’m want to sell a Playstation 3 40GB with Grand Theft Auto 4 and a PS3 Network Blue Ray Disc.

Wholesale Price0 : $411.99
Sale Price :$599.99
My Profit: $188.00

I ask this question before and someone told me that on ebay I need to churn items quickly and not worry about profit and if I make $188.00 per item and sell 1 item but if I make $50.00 per item but sell 12 i will make more money. Is this some kind of wholesale selling technique to sell wholesale products and make profits? How will I make more money by selling 12 PS3 systems and make $50.00 per item if the wholesale price is 411.99 per item?Please explain carefully step by step so I can understand it easily.

I think the point they were trying to make is that if you ask $599 for them, they might not sell, but if you ask $461 for them, they will sell. Would you rather make $50 profit per item and get rid of them, or ask $188 profit per item and be stuck with them?

This is all your choice. You can do whatever you want. You can sell them for any amount you want to ask. The person who advised you was just trying to make a point that it’s easier to make a smaller profit than a large one.

I just got a website full of products to sell on ebay but the problem is that I don’t know what starting price I should put my items on Ebay. For Example: I’m want to sell a Playstation 3 40GB with Grand Theft Auto 4 and a PS3 Network Blue Ray Disc.

Wholesale Price0 : $411.99
Sale Price :$599.99
My Profit: $188.00

I ask this question before and someone told me that on ebay I need to churn items quickly and not worry about profit and if I make $188.00 per item and sell 1 item but if I make $50.00 per item but sell 12 i will make more money. Is this some kind of wholesale selling technique to sell wholesale products and make profits? How will I make more money by selling 12 PS3 systems and make $50.00 per item if the wholesale price is 411.99 per item?

there is a price that will make you the most amount of profit assuming you have an ample supply of goods.
first you need data. to get this data you may want to sell your item at a buy it now price for a week and then change the price and each time you do this record how many are sold and the profit on each one.
multiply the profit by the amount sold and whatever price gave you the most profit is the one that should be used.
Good Luck !