How To Identify Hot Selling Niches On eBay Quickly, Easily And For Free

How To Identify Hot Selling Niches On eBay Quickly

, Easily And For Free

The main focus to be a successful seller on eBay is threefold - you need to know how to research what to sell before you even go shopping, understand where to list your item for the best prices and biggest return for your time invested and how to find profitable Niches so you can successfully sell your own clutter and purchased inventory.In order to be able to make a decent living selling vintage, found items for high profit margins you need to focus on items that you never would have dreamed of selling on eBay in the first place.eBay started out as a wonderful place to buy and sell unique, collectible and one-of-a-kind items. The real draw of the marketplace was bringing collectors and dealers together globally and facilitating trade between different locales. By opening up the world to both dealers and collectors alike, these unique items could be traded and found by a huge traffic pool, rather than the local, foot traffic exposure that had occurred in the past.eBay has changed immensely over the years; it has transformed into more of a huge online flea market, rather than its humble beginnings as a global yard sale. At first glance, you might think that these two venues are the same thing... however, they really aren't.If you think about what you find at a yard sale, church rummage sale, swap meet or estate sale, you do not run into many items that are brand new. Even if you DO happen to run across something new, you would generally only find one of that particular item. At these types of sales, people are selling their clutter, collections or cast offs. These sales are a "dealer's" dream. and they are the place to shop to find those vintage, elusive pieces to complete your collection or feed your habit.Flea markets on the other hand, do have the same sort of items for sale, but there are also dealers that are marking up their wares because they now have more traffic to sell to. There are still the little sellers, but they are fewer and farther between. In addition to the little guys and the big guys, there is a third type of seller - these dealers only sell brand new stuff.That said there are a lot of people of the mindset that it is impossible to make large sums of money on eBay in today's climate. It does take a bit more savvy and research, but if you are willing to change your business model, the opportunities are still there.The absolute best way to become more competitive, increase your profit margin and boost your sell-through rate is to go back to the original market philosophy that made eBay the "Sales Mecca" it has become.Once you start selling unique, found items in popular niches, you will see a huge difference in your overall business success.As any seasoned seller will tell you, research is king when buying for resale. You really have two different ways to accomplish this. As stated above, you can go out and shop, look for items that are cheap, interesting and unique, and then drag them home and look them up. Or you can research first, get a list together of what to buy and then go out and search for those items only.At this point you are probably thinking, okay this makes a ton of sense, but how do I find all these wonderful little known niches anyway?You have several choices. First and foremost, you can start buying hot eBay niche eBooks. These can be found all over the Internet. For the most part these books do have some great ideas and starting points, but they are never totally current to today's buyers, season and economy.You can buy a subscription to Terapeak, PriceMiner or Vendio Research. These services will give you a conglomeration of hot niches over a period of time, but the data is still relatively inaccurate based on the factors listed above - season, buyers and economy.Finally, you can use eBay itself to do your research. And why not??? It's where you ultimately plan on selling your stuff anyway.Of course, researching millions of items in thousands of categories is a big job.There are definitely ways to narrow down your search and focus on what you are interested in.You really only need to follow three Ground Rules to quickly identify a hot selling niche:Ground Rule #1: You need to realize that you are looking for stuff that you can buy for under $10.00 USD, in generally used condition, in plentiful supply and is very easy to source.Ground Rule #2: Do not type any keywords at all into the top search bar. Once you select keywords, you are limiting your results to your personal biases, experience and knowledge.Ground Rule #3: You need to identify your auction "Sweet Spot". Everyone's will be different; it depends on where you are in your life and your unique situation. By "Sweet Spot" I mean, the absolute lowest sales amount that you would be happy with given the time and effort involved in sourcing, preparing, listing and shipping a completed sale.By following these three simple rules, and using the "Completed Listings" search functionality on eBay, you can quickly identify hot selling niches in almost any category, for almost any specific item or niche type that you can source in any country or locale.

POST COMMENT

What To Find Out About An Reo Auction How to ensure that you are not betrayed as well as winning points on Pay per bid auctions USA 10 Most Expensive Vintage Toys Sold On Ebay Jade Jewelry And Other Treasures Will Be Auctioned 300 (map) - Jade, Diamonds, Precious Stones - Penny Auction Strategy What to Do Before Bidding on a Property at Auctions BidSaucer Penny Auctions Advantages Galore In Penny Auctions Dropship Mysteries: What Is EBay Feedback? Penny Auctions - Facts for Keeping Your Money Safe Ebay Fortune Review Best Things to Sell on EBay? 4 Mistakes You Must Avoid When Looking Getting Your Bid On Auctions Are Waiting