Sellers of all levels ask the same critical question. “What’s a money maker on eBay?”
No matter if you thrift, do retail arbitrage or buy wholesale, eBay sellers want to know, ” What will sell and make me good money now?” Immediately after discovering popular products, the next question is “How do I get some?” Offering in-demand inventory is important to selling success. Equally vital is having a relationship with good inventory sources. Sellers shop thrift shops, yard sales, traditional brick and mortar stores and buy wholesale. Having more than one source of inventory is wise.
To start, successful sellers discover and then sell in-demand items. They stay on top of the trends, watching pop culture, social media, and retail trends. Most online entrepreneurs develop expertise in several areas. So, sellers become adept at men’s, women’s and kid’s clothing, sporting goods, toys, video games and much much more.
According to DMR, there are over 25 million eBay sellers with over a billion items listed.
There are millions of sellers on eBay!
With the millions of vendors and a vast array of products on eBay, often entrepreneurs will stick to one or two tested inventory categories. While it’s important to develop areas of expertise, to remain successful, it’s good to stretch. Find and test new product lines constantly.
Oftentimes, it’s smart to add categories that relate to listings that are good money makers for you.
For instance, if women’s clothing does well for you, add women’s hats. Are your car accessories popular? If yes, then include motorcycle accessories etc.
Even experienced sellers can walk by unfamiliar hot products. Don’t make the mistake I describe in this video.
In closing, spend time on social media to be aware of popular trends. Develop relationships with reliable sources of inventory. Having more than one source of goods is smart.
Be alert, to new opportunities for product lines you may not have considered.
As much as it’s good business to develop an expertise, don’t neglect to consider all product lines you come across. A few minutes of research can reveal an overlooked gold mine.
Be alert to new product lines that can be big sellers on eBay!
