Saturday, March 17, 2007

Find Products to Sell on eBay at Member's Clubs

Let's talk about some more sources to find products to sell on eBay. I often consider myself a professional scavenger - finding re-sellable items where ever I go.

Recently, I posted some Izod shorts for sale in my eBay store. Another eBay member sent me an email that said, “You can get these shorts at Sam’s for $16.” My response to that comment was:

  1. Not everyone has a membership to Sam's
  2. Not everyone wants a membership to Sam's
  3. Not all Sam's have the same merchandise
  4. Not everyone has access to a Sam’s
  5. Not everyone likes to shop
  6. Not everyone is physically able to shop (Moms who have small children, senior citizens,
    physically challenged folks)
  7. International customers don’t have access to Sam’s

That eBay member definitely made me think. His statement could be true of any item sold on eBay. Sure, this item is available at Sam’s, but have you ever been in a Sam’s on a Saturday? It is mayhem, especially if you have to take the kids with you. Many shoppers would rather sit at home in their pajamas with a nice, hot cup of coffee and check out deals on eBay rather than drag their 3 uncooperative kids down to Sam’s just to buy a pair of shorts. (I am one of those people.)

I didn’t even know that the product I was selling was available at Sam’s, so that was another source for my purchasing my inventory. (Thanks for the tip, anonymous eBayer!) Remember, eBay buyers are not only paying you for the item, they are also paying for your time and effort in finding the item and making it available to them.

Check for items at Sam’s, BJ’s, and Costco. They often offer quality goods for a lower price than retail. Your profit margin may not be as high as when you find items at garage sales, but you can still offer a quality item and build your customer base and feedback in the process. Most people won't even care where you found the item. Concentrate on customer service and a quality product, and that customer will come back for more.

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Wednesday, March 14, 2007

Information products

I spend alot of time on eBay every day. I am posting new items, checking my listings, and answering questions. Here's an interesting observation.

Do you ever see listings for eBay information products like:

How to sell on eBay and make $500 a day! or

We quit our jobs and make $8,000 on eBay a month!

The majority of these information products are being sold by eBay members with less than a few month's experience, and very few feedbacks. Isn't it obvious what they are doing? They are trying to sell you some information that someone sold them....probably written by someone who has never even been on eBay. You can see a common denominator on these types of information products- a picture of a happy couple on a tropical vacation; a photo of their mansion with them by the pool sipping on fruit drinks while they work on their laptop; or a photo of their extravagant new car.

Please don't fall for these scams. If you think you have found a good information product, please ask the seller some questions before buying it. You might ask how they can be an expert if they only have 20 feedbacks and have only been on eBay for 2 weeks. If you don't get an answer, which I normally don't, you'll know they are not for real. Look for information from real sellers, with real experience, and current feedbacks from current sales. These are the sellers who are out there in the trenches with you every day and know how to use eBay.

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