It seems like it is tough times to sell on ebay, the economy all over the world is rocky, eBay competition has skyrocketed… but fortunately for you so has eBay users. Selling on eBay is not just about quantity or getting there first, but its about really using your head and acting like your at a giant garage sale. But online, of course. In an earlier post I talked about money making eBay tips that sellers try to keep secret… one of them was to use currency rates in your favor, that means = buying the items you sell outside of the country your in. Preferably in a country where your dollars, euros, pesos go farther then they do at good ole home…
So firstly, find a niche. This can be customized bicycle handles, shiny keychains with fluffy bunny feets on the end (poor bunnies!) or custom made silver jewelry. Lets go with customized jewelry for now. Here is a real life example (from me) of how I make money on eBay every time by using my own eBay selling tips to my advantage.
- Go to Zeelver.com and look around… it is amazing, I get lost in all the intricate, beautiful silver jewelry. Its like being at a gypsy flea market online and the prices are unbelievably low! You have to make a minimum order of $100 or $200 USD but that is nothing in comparison to most jewelry wholesalers.
- Chose wisely, double check some of the things you want to sell before you put them in your cart with what is already on eBay if you want to buy heavy inlaid silver necklaces make sure there is a niche for them on eBay already.
- Make your choices and buy. This site like other reputable wholesalers based around the artisan niche ships out your items in a timely fashion & when you get the box at home you will be blown away by the quality of this stuff!
- Retake the best pictures you can of each piece of jewelry (if you were smart you bought between 10-20 of each so you have to only do the work of describing it/photographing it once and then profit 10x) and build a description.
- Check similar items and decide if you either want to be the highest priced option (premium) or the lowest priced (auction style) listing – I talk about this in length on 7 money making tips for eBay and why its good to never be stuck in the middle price wise.
Ta-da!! That is one way I buy items for around $5 each and resell them for between 3 up to 5x more on a regular basis. See i told you it was easy! Want a more in depth look at my methods and madness behind eBay powerselling? Check out my eBook just chock full of good stuff on eBay powerselling.
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