Auction Power Guide

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Im 18 and I want to make 250 dollars for a blackberry. What can I sell on ebay to make that much? I know it might take a few months and thats fine. What sells the best?

It doesn’t matter what you sell. As it is often said, one man’s trash is another man’s treasure. Most everyone collects or wants something or other.

SMALLER ITEMS – sell on eBay
BIG and/or HEAVY items – sell on Craigslist

The thing you want to be aware of with the most popular items is that you will have the MOST COMPETITION from other sellers who sell the same items. To wit, you can’t be competitive and make a decent profit unless you get the best wholesale price to maintain an adequate profit margin. If your opening bid price is higher than other sellers selling the same items, you won’t have many sales.

Other suggestions for items to sell:

Look no further than ebay itself. You will not be looking for single item listings but rather your target will be listings that have similar, grouped items. There are ebay ‘vultures’ who just love to swoop down on similarly grouped items in one listing. When they win these auctions, they turn around and sell the items individually and, in most cases, get one and a half to 2 times and sometimes three times what they paid for them on an average item basis. I know this works. When I had more time (read unemployed), I was one of these ‘vultures.’ This is one of those situations where the parts are worth more than the whole. However, do be cautious if you venture into this arena. You have to know your merchandise. Stay in those areas you are familiar with. You can’t jump in blindly to any and every auction that has grouped items.

If you can buy a large lot of similar merchandise for $100 to $200 and turn it around for $300 to $600, it works out very nicely, indeed! Most buyers of these large lots will be vultures as well so you could be ‘butting bids.’ Keep in mind that the higher the closing price at ebay, the less your profit on the turnaround. It’s not an exact science and it does take a little experience to really know what you’re doing but you can’t be afraid to go out on a limb. That’s where the fruit is. When I see an auction of grouped items it tells me loud and clear that the seller is far more interested in getting rid of their stuff the quickest, easiest way possible and ‘be done with it’ rather than in making a decent profit or profit at all.

Short of items to sell and where to find items to sell? Garage and yard sales, church bazaars, flea markets are obvious. These can be the cheapest sources of merchandise. ‘Junktique’ shops are not that good because these folks know their merchandise. This being the case, it is usually OVERPRICED, not under priced.

If you want to let your fingers do the walking, you too can be crafty ‘vulture’ like a select group of other ebay sellers. Become a member of several smaller auction sites and search for bargains there. But as before, ‘stick with what you know.’

These smaller auction sites are great for buyers for the same reason they are bad for sellers:

Fewer potential bidders = Less competition = Lower closing prices.

Turn them around on ebay:

The ebay formula:

LARGEST auction site by far = MAXIMUM competition = HIGHER closing prices

There are also volume sellers who concentrate on only a handful of popular items by buying in volume / wholesale at a discount and selling at a discount. The average schmo at eBay can’t compete with volume sellers of a particular item.

GOODWILL sometimes also has good bargains, but not always. Mondays / Tuesdays are the best days to visit Goodwill as most people will drop off their donations on Saturdays and Sundays and it has to be cleaned, sorted and marked before it can be placed on display.

To maximize profits, sell WORLDWIDE, not just one country. A basic business tenet is, ‘The greater the potential market, the greater the potential to maximize profits.’ It’s TRUE! You will now have access to 200+ million members.

GOOD LUCK!

I’m looking for a reliable source / web site to order wholesale items to start selling on eBay. Would also appreciate any tips. Thanks in advance!

Hi, I am sure that this information will be very helpful to you. I have found a web site with Ebay Trade Tips http://www.bit.ly/FreeEbayTradeSecretTips with so many FREE Videos to watch along with the Tips for successful practical. On this site there are numerous Tips about all subjects relating to Ebay Trade. In fact, the site is built only for Ebay Trade purposes and to offer the best Tips on this subject with the very latest and informative tips everyday.

Recently, one of my friends really needed some tips on Ebay Trade.
I recommended this site for him and he followed the tips offer on this site and had great success.

I don’t know if this is what you were looking for but I couldn’t stop recommending this to you! Hope this helps with your Ebay Trade Question.

If you realize that what I am telling you is TRUE, please give me full mark.

Thank you in advance. I WISH YOU ALL THE VERY BEST.

I have been looking at so many different products and have become a little overwhelmed about what i should start selling on ebay. I have several good sources for purchasing cheap stock, but would just like other peoples experiences on what sells well and what doesn’t. Any experiences/suggestions appreciated.

It doesn’t matter what you sell. As it is often said, one man’s trash is another man’s treasure. Most everyone collects or wants something or other.

The thing you want to be aware of with the most popular items is that you will have the MOST COMEPTION from other sellers who sell the same items. To wit, you can’t be competitive and make a decent profit unless you get the best wholesale price to maintain an adequate profit margin. If your opening bid price is higher than other sellers selling the same items, you won’t have many sales. DO YOUR RESEARCH on closing prices for the items you want to buy!

Other suggestions for items to sell:

Look no further than ebay itself. You will not be looking for single item listings but rather your target will be listings that have similar, grouped items. There are ebay ‘vultures’ who just love to swoop down on similarly grouped items in one listing. When they win these auctions, they turn around and sell the items individually and, in most cases, get one and a half to 2 times and sometimes three times what they paid for them on an average item basis. I know this works. When I had more time (read unemployed), I was one of these ‘vultures.’ This is one of those situations where the parts are worth more than the whole. However, do be cautious if you venture into this arena. You have to know your merchandise. Stay in those areas you are familiar with. You can’t jump in blindly to any and every auction that has grouped items.

If you can buy a large lot of similar merchandise for $100 to $200 and turn it around for $300 to $600, it works out very nicely, indeed! Most buyers of these large lots will be vultures as well so you could be ‘butting bids.’ Keep in mind that the higher the closing price at ebay, the less your profit on the turnaround. It’s not an exact science and it does take a little experience to really know what you’re doing but you can’t be afraid to go out on a limb. That’s where the fruit is. When I see an auction of grouped items it tells me loud and clear that the seller is far more interested in getting rid of their stuff the quickest, easiest way possible and ‘be done with it’ rather than in making a decent profit or profit at all.

Short of items to sell and where to find items to sell? Garage and yard sales, church bazaars, flea markets are obvious. These can be the cheapest sources of merchandise. ‘Junktique’ shops are not that good because these folks know their merchandise. This being the case, it is usually OVERPRICED, not under priced.

If you want to let your fingers do the walking, you too can be crafty ‘vulture’ like a select group of other ebay sellers. Become a member of several smaller auction sites and search for bargains there. But as before, ‘stick with what you know.’

These smaller auction sites are great for buyers for the same reason they are bad for sellers:

Fewer potential bidders = Less competition = Lower closing prices.

Turn them around on ebay:

The ebay formula:

LARGEST auction site by far = MAXIMUM competition = HIGHER closing prices

There are also volume sellers who concentrate on only a handful of popular items by buying in volume / wholesale at a discount and selling at a discount. The average schmo at eBay can’t compete with volume sellers of a particular item.

GOODWILL sometimes also has good bargains, but not always. Mondays / Tuesdays are the best days to visit Goodwill as most people will drop off their donations on Saturdays and Sundays and it has to be cleaned, sorted and marked before it can be placed on display.

Lastly, to maximize profits, sell WORLDWIDE, not just one country. A basic business tenet is, ‘The greater the potential market, the greater the potential to maximize profits.’ It’s TRUE! You will now have access to 200 million members.

GOOD LUCK!

We offer a variety of services, including auction assistance on eBay and craigslist – today we were denied a business license because they said we cannot sell items on eBay out of our home – we must have a retail location. There must be a way around this – as MANY have this type business.

Skip the license? That’s actually what one of my business professors advised. Don’t get a license until your level of sales proves you can sustain a business profitably. A state (or city) business license is really just a formality anyway. Yes, you can get fined or even shut down for not having one, and I am not advocating you break the law. And some form of licensing is required in most areas. You will need a reseller number to purchase items at wholesale from some wholesalers. But a reseller number is also the same number as your EIN. I offer this service for $75, email me if you need it.

First, reapply, explain that you are not selling products from your home. You’re not. You are selling products on the internet and all customers arrive soley from the internet, no one ever shows up at your home.

If that doesn’t work you can try a third party – someone who already has a license and offer to share theirs for a percentage of your income.

Next, try a third party provider – a business that supplies city, state and federal registration and licenses. You can find them with an online search.

If all the above doesn’t work, email me, I may be able to help further.

What are some things I could resell on ebay for profit?
I am doing this silly little contest thing with a friend where we are to take a hundred dollars to purchase products to resell on ebay. Whoever gets to a certain amount in profit, wins. I have some ideas of what to purchase but I thought I’d try to get some more ideas here on good ole yahoo answers. It can’t be things I already own.
The idea is to kind of get the ball rolling.

It doesn’t matter what you sell. As it is often said, one man’s trash is another man’s treasure. Most everyone collects or wants something or other. If you want to win this contest, you will have to buy stuff on the cheap, not retail or even wholesale.

The thing you want to be aware of with the most popular items is that you will have the MOST COMPETITION from other sellers who sell the same items. To wit, you can’t be competitive and make a decent profit unless you get the best wholesale price to maintain an adequate profit margin. If your opening bid price is higher than other sellers selling the same items, you won’t have many sales.

Where to find stuff cheap:

Look no further than ebay itself. You will not be looking for single item listings but rather your target will be listings that have similar, grouped items. There are ebay ‘vultures’ who just love to swoop down on similarly grouped items in one listing. When they win these auctions, they turn around and sell the items individually and, in most cases, get one and a half to 2 times and sometimes three times what they paid for them on an average item basis. I know this works. When I had more time (read unemployed), I was one of these ‘vultures.’ This is one of those situations where the parts are worth more than the whole. However, do be cautious if you venture into this arena. You have to know your merchandise. Stay in those areas you are familiar with. You can’t jump in blindly to any and every auction that has grouped items.

If you can buy a large lot of similar merchandise for $100 to $200 and turn it around for $300 to $600, it works out very nicely, indeed! Most buyers of these large lots will be vultures as well so you could be ‘butting bids.’ Keep in mind that the higher the closing price at ebay, the less your profit on the turnaround. It’s not an exact science and it does take a little experience to really know what you’re doing but you can’t be afraid to go out on a limb. That’s where the fruit is. When I see an auction of grouped items it tells me loud and clear that the seller is far more interested in getting rid of their stuff the quickest, easiest way possible and ‘be done with it’ rather than in making a decent profit or profit at all.

Short of items to sell and where to find items to sell? Garage and yard sales, church bazaars, flea markets are obvious. These can be the cheapest sources of merchandise. ‘Junktique’ shops are not that good because these folks know their merchandise. This being the case, it is usually OVERPRICED, not under priced.

If you want to let your fingers do the walking, you too can be crafty ‘vulture’ like a select group of other ebay sellers. Become a member of several smaller auction sites and search for bargains there. But as before, ‘stick with what you know.’

These smaller auction sites are great for buyers for the same reason they are bad for sellers:

Fewer potential bidders = Less competition = Lower closing prices.

Turn them around on ebay:

The ebay formula:

LARGEST auction site by far = MAXIMUM competition = HIGHER closing prices

There are also volume sellers who concentrate on only a handful of popular items by buying in volume / wholesale at a discount and selling at a discount. The average schmo at eBay can’t compete with volume sellers of a particular item.

GOODWILL sometimes also has good bargains, but not always. Mondays / Tuesdays are the best days to visit Goodwill as most people will drop off their donations on Saturdays and Sundays and it has to be cleaned, sorted and marked before it can be placed on display.

To maximize profits, sell WORLDWIDE, not just one country. A basic business tenet is, ‘The greater the potential market, the greater the potential to maximize profits.’ It’s TRUE! You will now have access to 200+ million members.

GOOD LUCK!

As a Real Estate Agent and due to the decline in property sales here in Spain I am looking for a new direction, possibly (import/export), and see China as a huge expanding market and opportunity. Does anyone have any experience or advice on a product, or would you like to join me in pooling ideas, and maybe a joint venture? If the idea exites you please reply.

Sincerely,
Riomar

Hi Riomar,

I’ve been buying and selling different kinds of stuff from Chinese wholesalers and in my experience, the secret lies in finding the right kind of suppliers. You’ve gotta make sure that you’re dealing with legimiate suppliers because there are many middlemen who’ll take your money and supply damaged products or even nothing.

All my wholesale career, I’ve kept eBay my forefront of trade because I can appeal to many customers. Although I do run a small store where I sell my items at cheap prices. If you haven’t heard of Worldwide Brands yet, you should definitely give it a try. It’s by far, the best and most complete wholesale directory in the world. Here’s the link:
http://www.worldwidebrands.com/?kbid=18160

They are the only company certified by eBay itself and they verify every wholesale supplier in their directory personally. They host their own 2 radio shows in the US for the "Entreprenuer" magazine.

I have heard of people making alot of money on Ebay from buying wholesale and selling on Ebay. I am very interested but dont know where to go to learn how to do this.

These online store packages give options to sell online and also place products on Ebay automatic.:

How about an opportunity to operate your very own Internet Shopping Mall pre-stocked with 3.500 products and brand names such as Sony, Panasonic, Toshiba, JVC, Olympus, Xbox, As Seen on TV and more at wholesale/distributor pricing.
You mark up your own price – You make 75-150% profit, without ever buying products or fulfilling orders.

Special Promotion – ends on 7/31/2006!!!
Get your own complete online store package for just $29.95 a year plus one time set up fee of $20.00. No monthly charges, no hidden charges. GUARANTEED!

Just go to http://www.kkasual.com/ and click on "BuyEstore" on the upper left hand side for details.

Others store packages:
http://www.dropship-business.com/index.html?aid=152630

Feel free to contact me for more details, tips and ideas.

store@kkasual.com

Good luck

run an online shop. very slow at the moment, I have done lots of advertising and networking. so why aren’t people purchasing.

You need to sell things that people want, usually with brand names!

Here’s a link to a list of wholesalers that sell high street and designer clothing for as little as £1.50. I buy from them and I actually make loads because I bought them so cheap I can actually afford to sell them much cheaper to customers so I’m making loads more sales!

http://cgi.ebay.co.uk/Wholesale-joblot-lists-of-suppliers-highstreet-clothing_W0QQitemZ380148565766QQcmdZViewItemQQptZUK_WSJL_Wholesale_GL?hash=item58829ec706&_trksid=p3286.c0.m14

Good luck!

all i need to know are the results of what is selling on ebay. Most of the coaching services that provide this information cost money.

Honestly…

I use a wholesaler known as salehoo, and to be honest, they’re got pretty damn good deals.

If you want to look at their site and see some of the products, you can read more about them and sign up here:

http://www.squidoo.com/Money-Making-On-Ebay-

For example:

I can buy a Sony Ericsson W910 cell phone for $282.95, and RE-sell it on ebay for $415 or so (give or take)..that’s about $130 PROFIT from one single item.

Um, off the top of my head, some OTHER things you can on there for wholesale are Gucci Sunglasses, Cell phones, Yes London Jeans, PS3’s, psps and a HECK of alot more!

Anyways, I won’t bore you with the fine details here, I talk about that, and give a link to my supplier in my article here:

http://www.squidoo.com/Money-Making-On-Ebay-

Check it out, let me know what you think, and good luck! 🙂

Jeff