EBAY TIP #1 - Choosing the right products to sell

While it's true that selling products on eBay can be a quick, low cost way to launch an online business, following the herd by selling the "hot product" of the moment, is not a great idea. To the contrary, chances are you will be stomped in the ground by the herd and left lying in the dust with your unsold inventory in hand.

The most successful eBay sellers are those who understand that success on eBay relies on many of the same factors as success in a brick and mortar business.

  • Smart sellers research the marketplace and the competition to determine the saleability and profitability of the product.
  • Smart sellers test the market with one or two before committing to a product line and tying up their cash reserves in inventory that may never sell.
  • Smart sellers adjust their product offerings until they find a product or product line that sells consistently.

The last point is perhaps the most important. Long term eBay success does not come from "one off" sales. The key to real eBay success is to find a product that sells well and sell that product over and over and over again.

You can use a tool called "Hot Item Finder" designed to help you find products that people are search for the most on eBay. This tool could potentially help you save time and money.

IMPORTANT NOTE:

Suppliers are usually willing to lower their wholesale prices so remember to always ask them for special deals.

The wholesale prices that we include in this website do not reflect any special discounts. Very often you can negotiate lower prices with the suppliers so your final wholesale cost may often result in lower prices.

Some suppliers will email you special deals weekly and others will give you deals upon requests. Don't be afraid to ask them for lower prices.