Have you ever considered that the best place to source eBay products from may well be eBay itself? With hundreds of auctions listed with misspelt titles, poor descriptions and ending at antisocial hours you could grab yourself a bargain in no time, selling on your prizes for a significant profit. The following tips will help you to revolutionise your selling with an ability to source eBay products on the cheap, that will sell successfully.
Tip 1 - Set up two eBay accounts
If you are planning to buy products on eBay to sell then it is advisable to have two separate eBay accounts, one for buying and one for selling. It is not unusual for prospective buyers to look at a seller's recent activity; they might not be thrilled to see that you sourced the product on eBay itself just a few days ago, and are now trying to sell it back for a profit. Instead, they might start searching for their own bargains.
Tip 2 - Search for common misspellings
Many auctions are listed with misspelt titles. These misspellings could be words accidentally run together, or the jumbling of letters around to create an inaccurate spelling. No matter what the mistake you are likely to win the item for a cheaper price because other people simply will not be able to find the auction to bid on it by searching.
Tip 3 - Look for auctions ending at antisocial hours
Auctions that end in the middle of the night, or in the middle of the day when the majority of potential buyers are at work, will generally sell for less than those listed to end in an evening or on a Sunday afternoon. The majority of bids are placed with less than one hour to go until the auction is ended therefore if people are in bed or don't have access to a computer at this time then you can sneak in with a low bid and win. Ending an auction at a bad time is a common mistake so makes a great way to source eBay products affordably.
Tip 4 - Don't make the same mistakes
From reading about the mistakes that others have made will provide you with the ability to source eBay products cheaply. You can learn how not to make those same errors. Misspelt names and auctions ending at inappropriate times will seriously lower your profit margins, so after getting your hands on these cheap items you must ensure that you take advantage by creating effective listings.
Paying attention to these quick points will help you to maximise your profit:
- Always include a photo with your listing - Spend time creating an effective and honest description, free from spelling or grammatical mistakes - Start your auctions with a low starting bid to encourage as many people as possible to become involved in a bidding war for your product.
Amanda O'Brien is a successful eBay Powerseller and author of two eBay home study courses - 'The #2,500 Per Week eBay Powersellers Secrets' and 'The Ultimate eBay Success System'. Want to learn more about starting an eBay business or simply want to improve your eBay sales? Claim your free eBay Selling Secrets Report at Powerseller Pod.