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451
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Learn how to mimic eBay as a super efficient market by following foundational, strategic advice that will enhance your online business.
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ebay selling, ebay auction, ebay buying
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The pressing question that almost every eBay seller faces at one point during their selling experience is that dread question:
“What is it, exactly, that I should sell and where do I get it?”
You’ve sold every last thing in your house that you don’t want or need and you’re tired of selling other people’s stuff and you are wondering where to turn.
Finding a solid source for a product is essential in building your eBay business. It may take some work, it may take some time, but once it is established and exclusive, you will have a close to indestructible online business.
There are two types of products you need to look for:
Introduction Products (Products that are new and in-demand)
Liquidation Products (Products that are at the end of the product cycle and being sold at a huge discount)
If you’re interested in finding introduction products, you are in for a lot of work. You will have to obtain a lot of knowledge about the consumer and almost be able to predict what will sell well. You could possibly find a supplier that supplies a massive amount of one particular new product. However, you may discover they sell horribly on eBay. You are then stuck with all these newly packaged products and probably in debt.
When it comes to liquidation products you have a lot more options. There is a lot more room for research to see how popular the product was when it first hit the market. You will also be able to obtain liquidation products at a substantially lower price.
After deciding what type of product you would like to sell, it’s a matter of finding a supplier. It’s not as simple as searching on google or finding a wholesale list on eBay. The internet is saturated with wholesale scams. It may not be impossible to find a good supplier on line, but it could be considered unlikely.
A good way to get started in finding a good consistent supplier is to buy products at a discount retailer, like Big Lots or even Wal-mart, and test different products. When you find one you think may be profitable, find out the manufacturer’s number (located on the package) and ask to speak to someone about purchasing products for resale.
It’s a tedious process, but when you find a good supplier you will not regret it. It takes good research and patience. Just remember, the best supplier won’t be easily found on the internet or in a book. A good, consistent supplier will be found through the tedious process of finding an exclusive source that you worked hard to discover.