eBay Research - How Do You Know What Will Sell?

eBay Research - How Do You Know What Will Sell?
By Sophie Ryland
Selling on eBay isn't as easy as it once was. Even though the eBay phenomenon now has millions more people looking for items for a bargain price then ever before, that doesn't mean that you can just throw an auction up on eBay and you'll be guaranteed a sale.
For one thing, there are more and more eBay sellers than come on board every day, so the competition has become fierce. Also, the "big boys" have entered the eBay marketplace. Major corporations are now selling their wares on eBay.
So how can you compete with the big boys? Do your research thoroughly. Do keyword searches for products that you're interested in selling. When you come across some intriguing items "watch" these auctions to completion.
Also, do some searches on completed auctions over the past 30 days to see what other eBay sellers have sold their items for. Do some calculations to determine if you can make a decent profit after you've paid for the item in question, the auction listing, and any PayPal fees.
If you can't make a decent profit from the item then find other ones to research. There are so many to choose from.
Analyze these auctions carefully as some eBay sellers are new. This means that low auction bids can be a result of low feedback, poor auction listings, starting the bids too high, among other issues.
You should have an interest or some expertise in the product you want to sell in order to create auction listings that will sell. People need to be assured that you know your stuff.
You may find you have better luck with rare, antique items then you will with newer products. The competition is not as fierce and people will pay more for something that's not as easily accessible.
There is still money to be made on eBay, but you need to be smarter than ever before in order to earn a decent income at it.

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