Comments on: Finding the Right Product to Sell on eBay http://www.lizardwisdom.com/finding-the-right-product/ eBay PowerSeller Tips for Successfully Selling on eBay Fri, 08 Jan 2010 20:28:14 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: stan http://www.lizardwisdom.com/finding-the-right-product/comment-page-1/#comment-120 stan Wed, 05 Dec 2007 15:13:54 +0000 http://www.lizardwisdom.com/finding-the-right-product/#comment-120 Before listing an item on eBay, it's a good idea to research similar items that have already been sold successfully on the site. You can find great information on pricing, features, and key "buzz words" that attract buyers--and compare your item to others in the marketplace by using Completed Listings. Completed Listings shows you which items sold and at what price which will help in pricing your items. Also it indicates what each seller charged for shipping. When you are ready to sell just click the link "List an item like this" to get started. :razz: Before listing an item on eBay, it’s a good idea to research similar items that have already been sold successfully on the site. You can find great information on pricing, features, and key “buzz words” that attract buyers–and compare your item to others in the marketplace by using Completed Listings.

Completed Listings shows you which items sold and at what price which will help in pricing your items. Also it indicates what each seller charged for shipping. When you are ready to sell just click the link “List an item like this” to get started.

:razz:

]]> By: Lizard Wisdom http://www.lizardwisdom.com/finding-the-right-product/comment-page-1/#comment-86 Lizard Wisdom Sun, 04 Nov 2007 19:19:40 +0000 http://www.lizardwisdom.com/finding-the-right-product/#comment-86 Excellent points, Jessica! We totally agree with what you say regarding how a small player can compete on eBay. There are ways that you can be successful selling on eBay, but you have to be very creative about the products that you choose. If you try to go head-to-head with the the "big boys," you will not come out a winner. Excellent points, Jessica!

We totally agree with what you say regarding how a small player can compete on eBay. There are ways that you can be successful selling on eBay, but you have to be very creative about the products that you choose.

If you try to go head-to-head with the the “big boys,” you will not come out a winner.

]]> By: Lizard Wisdom http://www.lizardwisdom.com/finding-the-right-product/comment-page-1/#comment-85 Lizard Wisdom Sun, 04 Nov 2007 19:15:53 +0000 http://www.lizardwisdom.com/finding-the-right-product/#comment-85 What we have found to be the hardest part about running an eBay business is finding that right product to successfully sell in the very competitive eBay marketplace. This is by far the hardest part of running an eBay business! What we have found to be the hardest part about running an eBay business is finding that right product to successfully sell in the very competitive eBay marketplace. This is by far the hardest part of running an eBay business!

]]> By: jessica http://www.lizardwisdom.com/finding-the-right-product/comment-page-1/#comment-84 jessica Sun, 04 Nov 2007 17:35:26 +0000 http://www.lizardwisdom.com/finding-the-right-product/#comment-84 As you point out, the problem with ebay is that it is extremely efficient. Meaning, if you are buying something for $10 and selling it for $10, it won't be long until soneone: 1. finds a way to buy it direct for $10 and custs you out 2. finds a way to buy it direct and sell as your competition 3. finds a way to buy it direct and sell it for only $11 - and ruining the market. In my mind, there are only three ways for smaller players to compete on eBay. 1. Sell something only you produce or have access to - therefore there is no EXACT competition. Let's say you custom make wooden toys and there is a specific toy you make that no one else can make. 2. Sell something that has defined scarcity. Lie baseball cards. There are only a finite number of cards printed each year. No more are made, so by definition havng one limits your competition. 3. Service / Reputation. ebay is very price driven, but if you answer emails quickly, have squeeky clean feedback, provide slightly more service at the same cost, you will create a niche within a niche. Great post! Jessica As you point out, the problem with ebay is that it is extremely efficient. Meaning, if you are buying something for $10 and selling it for $10, it won’t be long until soneone:
1. finds a way to buy it direct for $10 and custs you out
2. finds a way to buy it direct and sell as your competition
3. finds a way to buy it direct and sell it for only $11 – and ruining the market.

In my mind, there are only three ways for smaller players to compete on eBay.
1. Sell something only you produce or have access to – therefore there is no EXACT competition. Let’s say you custom make wooden toys and there is a specific toy you make that no one else can make.
2. Sell something that has defined scarcity. Lie baseball cards. There are only a finite number of cards printed each year. No more are made, so by definition havng one limits your competition.
3. Service / Reputation. ebay is very price driven, but if you answer emails quickly, have squeeky clean feedback, provide slightly more service at the same cost, you will create a niche within a niche.

Great post!

Jessica

]]> By: KCLau http://www.lizardwisdom.com/finding-the-right-product/comment-page-1/#comment-83 KCLau Sun, 04 Nov 2007 13:21:00 +0000 http://www.lizardwisdom.com/finding-the-right-product/#comment-83 Very nice guide. I spend months and still couldn't get the niche product that is bestseller. :cry: Very nice guide. I spend months and still couldn’t get the niche product that is bestseller. :cry:

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