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What Can I Sell Online?

Selling on eBay and Amazon is a fast and simple way for almost anyone to make money online. The best way to begin is by selling items from around the home that you no longer have any use for. This will help familiarise you with the process and give you the opportunity to accrue some feedback. And, of course, you will make money which you can put towards buying more items to sell.

Once you have sold all your unwanted possessions, it can be difficult to decide what to sell next and this is the point at which many people give up. Even if they have ideas about what they would like to sell online, sourcing stock at a price low enough to compete with established sellers is a stumbling block which many find insurmountable.

Although it can be difficult, it is not impossible to find suppliers of new goods at competitive prices and an advantage of selling new, rather than used products is that you will likely be listing identical items over and over again which is much less time consuming than having to constantly create new listings for one-of-a-kind products.

On the downside, to get stock at a competitive price you would need to lay out enough cash to buy in wholesale quantities, and you would need space to store the merchandise. Before you buy any large quantities of stock you need to be as sure as you can be that there is a demand for the product, and that purchase price is low enough for you to sell at  a worthwhile profit (and remember to take your eBay and Paypal fees into consideration when doing your calculations).

Check completed auctions on eBay to find out what price similar products have recently sold for and if the results are encouraging, ask your prospective supplier to let you purchase a few samples so that you can test them on eBay or Amazon before you commit to buying a large quantity.

If you enjoy wandering around car boot sales and flea markets, browsing around charity shops or going to offline auctions, then maybe you would prefer to sell used collectibles. The downside of this the need to be constantly sourcing fresh stock. Also, listing numerous one-of-a-kind items can be very time consuming.

However, you will only need a relatively small amount of cash to purchase a reasonable amount of stock, and seeking out bargains at the various venues can be great fun.

There is an endless stream of items that get thrown away or sold for far less than their potential value because their owners think they are just junk. So it is not difficult to find low-cost products in your neighbourhood which you can then sell online for good profits. You just need to know what to look for, and over the coming weeks and months we will be highlighting an amazing variety of items that are sought after by collectors.

You may well be surprised at some of the weird and wonderful things that online buyers are searching for.

Recommended resources:

  • Keith Purkiss, a UK-based  eBay Powerseller with 31,000 positives explains how he has been sourcing his products during the past 9 years in Sourcing Secrets Revealed.
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