Tuesday, January 30, 2007

5 Ways To Find Products To Sell On eBay

I was part of an eBay Roundtable discussion recently with six other experts and we all agreed that the number one question most new (and even old) eBay sellers ask is:

"Where do I find things to sell on eBay??"

To help answer that question I have compiled 10 ways that anyone can use to find products to sell on eBay. This is by no means a definitive list and depending on your situation, some of the ways may not apply to you. However, if you're a beginner and don't know where to start, this list should help you get on track.

1. Look Around The House:

We all have items lying around the house that we no longer use or need. Have you grown or shrunk in size? If so, you have clothes you can no longer wear and can sell. Did you get a gift for Christmas or your birthday that you will never use? If so, slap it on eBay (just don't let the person who gave you the gift find out). Do your kids have toys they no longer play with? Just looking around your house and garage should give you plenty of things to get your eBay ball rolling.

2. Garage Sales and Flea Markets:

When it comes to eBay, remember this old adage: One man's junk is another man's treasure. Now this is not to say that you should sell junk on eBay. You should only sell products in good condition. The point is you can find items in good condition at garage sales and flea markets that you can pick up cheap and resell for a profit. Remember, nobody wants to buy your old Beanie Babies that no longer have eyes and noses, but they may buy "gently used" items if they're in good shape and offered at a good price.

3. Talk To Your Friends and Relatives:

After you've gone through your own in-house inventory, contact your friends and relatives and tell them you have started an eBay business and will sell their items for a piece of the sales price. Chances are they have as much excess stuff lying around their house as you did. Offer to list the items for them and if they sell, take half the profits. You will probably have to pay the eBay fees out of your pocket up front, but you can then deduct the eBay fees from the sales price before slicing up the pie.

4. Consignment Sales:

Consignment sales are a great way to find a wide range of products to sell on eBay. Consignment selling means that you offer to sell an item that belongs to a company. In exchange for your trouble you get a percentage of the sales price. You can charge up to 50% plus fees for smaller items like clothing, lamps, jewelry, etc. and around 15% for larger items like cars, boats, and bulldozers (yes, I said bulldozers).

Contact every business in town and offer to list their excess goods on eBay for a piece of the action. Most businesses have returned items, liquidated products, used equipment, etc. that they would love to get rid of, but don't have the time to do so. Many will see you as their hero if you can help them get rid of this merchandise and you'll make a pretty profit for your efforts. For business customers you should have them pay the eBay fees on the front end, not you.

5. Thrift Stores:

Thrift stores are an excellent place to look for things to sell online. Stores maintained by the Salvation Army and non-profit%



Tim Knox - Entrepreneur, Author, Speaker
Tim Knox is a nationally-known small business expert who writes and speaks frequently on the topic.

For more information or to contact Tim please visit one of his sites below:
http://www.dropshipwholesale.net
http://www.smallbusinessqa.com
http://www.timknox.com

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