With over 15 million UK members, eBay is a potentially lucrative market place which can be exploited to make serious income.
The problem many people have is that they list anything and everything, and then simply hope for the best. This isn’t the approach which will make consistent sales.
I’ve personally run over 10,000 auctions on UK eBay since 1999, and I suggest that one of the keys to consistent sales is research.
The type of research I am talking about is that made BEFORE any products are listed. The objective of such research is to determine what might be a product that can be sold on a repeating basis. What you’re looking for are items which you can list, sell and then re-list.
Here are some examples from a recent survey of sellers over seven days of activity on UK eBay:
Seller skylight-sourcing sold 37 sets of exercise dumbbells
thetimemanltd sold 80 “your photo onto canvas”
pulsar777pulsar sold 31 dolls houses
piranha_trading sold 111 computer PC desks
tatey1968 sold 19 Harry Potter & the Deathly Hallows audio CD sets
babynurserydirect sold 56 baby walkers
yanming119 sold 75 touch-screen MP4 players
Notice how each of these sellers made many sales of the same product. This is key if you have a desire to make significant money selling on eBay. (You can check out each of these sellers for yourself by going onto Advanced Search on UK eBay.)
The question is, how can you identify products which fall into this category? In other words, how can you be certain in advance which products you buy-in will sell repeatedly in volume?
Well, that is the objective of your research.
The kind of information you want to know before you buy-in any products, can be identified in three distinct areas.
One is to find out what is currently selling well on UK eBay.
The logic is that you will have greater success in offering products which people are already buying than with products for which there is limited or no demand on eBay.
Next, you should review what search terms buyers are keying into eBay’s search box. The search terms which are searched for the most, are an indication of what items eBay buyers are looking for.
The last piece of evidence which assists sellers in deciding the products to buy-in for listing, relates to watching. On eBay, the facility for buyers to mark a listing as one which they wish to watch is a useful piece of intelligence. The listings which are being watched by the highest numbers of buyers are items that are in healthy demand.
In summary, research is what will help you to differentiate from others selling on UK eBay. Try and determine before you list which products are going to sell successfully.
The research approach is highly successful for me, and is one which I recommend you to use to help increase your eBay sales.
Wanting to become a successful eBay seller and don’t know where to start? This video will help you get started when looking to purchase items to sell on eBay…
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