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eBay businesses

 
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Brian B.
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PostPosted: Apr 07, 2007 10:17 pm    Post subject: eBay businesses Reply with quote

I'm going to start selling on ebay to make a little extra cash for summer expenses.

Is there anyone here that does this?

Also, I have been trying to research which products would be the best to sell, but am having a difficult time finding what I should be selling.

I'm going to be associated with a dropshipping company as a broker and will have access to thousands of different products.
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ontrider
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PostPosted: Apr 07, 2007 11:08 pm    Post subject: Reply with quote

If you find out what to sell let me know. haha.

I've sold lots of stuff on ebay, but mostly crap I was getting rid of.
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Jeff206
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PostPosted: Apr 08, 2007 9:31 am    Post subject: Reply with quote

Good luck, ebay is pretty crowded, its really hard to differentiate on anything but price and to really drop your prices you need a lot of purchasing power.
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Rhawn
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PostPosted: Apr 18, 2007 8:04 am    Post subject: Re: eBay businesses Reply with quote

Brian B. wrote:
I'm going to start selling on ebay to make a little extra cash for summer expenses.

Is there anyone here that does this?

Also, I have been trying to research which products would be the best to sell, but am having a difficult time finding what I should be selling.

I'm going to be associated with a dropshipping company as a broker and will have access to thousands of different products.


I've been through this myself and found dropshipping to be not that great. Its great on paper, but when it comes down to it you are paying a discount to retail so you can turn around and sell it at retail. The prophit margins are slim slim very slim.

Here is my advice:
- Don't try to sell anything dropshipped that goes for less than $100. Making 3-4$ a sale isn't going to get you far. People who try to dropship something like hats on ebay usually fail, people who dropship BowFlex's make $$. This goes for online retail stores who dropship as well.
- Keep your listing fees and sale fees close to your heart. Your profits will be slim, adding a $10 feature to an ebay auction will usually screw you.

The people who make bank on ebay are those that have something unique to sell. Like the wb.com member here that sells tower parts and super cheap towers. I bet he does well. But thats the trick everywhere. Find the niche, find the unique. Find that and hell, I'll set up a online store for it.
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Wakebrad
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PostPosted: Apr 18, 2007 8:08 am    Post subject: Reply with quote

I'm looking for a million dollar idea. Does anyone have one?
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Rhawn
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PostPosted: Apr 18, 2007 8:11 am    Post subject: Reply with quote

Over a million dollars is being transacted on the Virtual SIM "Second Life" PER DAY. You pay real life money, for in game money, and use in game money to buy whatever you want. Cars, houses, sex.

Figure out something to sell in the Virtual World, and boom.

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oshensurfer
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PostPosted: Apr 18, 2007 10:44 am    Post subject: Reply with quote

Rhawn, Did you just read Inflight Magazine too. I read that article and I can't make heads or tails of that money making. Confused
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edrex
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PostPosted: Apr 18, 2007 11:19 am    Post subject: Reply with quote

oshensurfer, I heard about it and people are crazy to spend money on that. But hey, if you can take advantage of stupid people with too much money knock yourself out! Very Happy
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Rhawn
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PostPosted: Apr 18, 2007 12:30 pm    Post subject: Reply with quote

oshensurfer wrote:
Rhawn, Did you just read Inflight Magazine too. I read that article and I can't make heads or tails of that money making. Confused


No I didn't, I've just been reading about it here and there. The guy who runs it makes a certain amount off each transaction. Sellers in the game buy property from billboards to full islands, build sex houses, entertainment, whatever. Consumers spend money to get their little virtual toon to virtually boink some hot virtual porn-toon, who is being run by some poor guy in India making 3 dollars a day.
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ontrider
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PostPosted: Apr 18, 2007 12:49 pm    Post subject: Reply with quote

I just read about this a bit and I hate to say it, but this idea is pure genius.
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jjaszkow
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PostPosted: Jul 02, 2007 6:16 pm    Post subject: Reply with quote

Second Life is amazing. I wish that I thought of it ... but I don't get it ... it's all fake!
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Alter Ego
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Joined: 13 Jan 2003
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PostPosted: Oct 15, 2007 7:53 am    Post subject: Reply with quote

check out www.wesellit.ca

My good friend is a partner and they are doing quite well. its not the easiest business to get going because its all very price sensitive. Key is to find the right product - like you mentioned.

He is doing a ton of business with mini-bikes and electric fire places. High margin, lower quantity.

I also hear vintage stuff is doing very very very well. Getting your hands on it will be tuff though. Need to find a supplier who buys clothes by the pound and then you sort through what you can sell and what you can't

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