Ace asked:


I’ve started selling items from home, and I’m trying to figure out what my next step should be. I do not have a niche market yet. I’ve only sold a few items so far, but it’s pretty interesting. I can commit to 20 hrs per week doing this thing. I’m just wondering what would be the best route for me to take in order to make this a successful part time gig? Any advice is greatly appreciated. Thanks in advance

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Comments

imisidro on 27 November, 2009 at 8:31 pm #

The key to a successful eBay selling is simple — Sell products that people actually want.

Buying from garage sales or selling items from your home and selling on eBay is fun, and good getting a few dollars here and there from ebay. Sometimes, you luck out on an item and hit big, but many times it will just be so-so (assuming you can even get the price you paid for it). In terms of fun factor, it is great. But from a business stand-point, it is not sustainable.

If you want to earn serious money from eBay, you need to have a well-thought out business model. Selling on eBay is not as easy as some portray. In fact, go to eBay and check out the number of auctions that end without a single bid. Competition is getting tough, as more sellers go to eBay; even the big boys are joining in the eBay marketplace. Add to that the increasing listing and final value fees.

One success model of ebay is the couple Jay and Marie Senese (username jayandmarie) of the 1-cent CD fame. They have the highest positive feedback number of all sellers on eBay. Their business model is to buy very low cost CDs in bulk (those that CD stores sell in their discount bins) and offer them on ebay at a starting price of 1 cent Their success is based on the fact that they stumbled on a sustainable business model with products that people really want.

eBay has several ways for you to determine exactly what the hot items to sell on their marketplace:

Items In Demand = the most popular items currently within that particular category. To see the In Demand page, go to

Hot Items by Category Report = a monthly report that lists the fastest growing categories on eBay for the previous month. Go to and select “Hot Items by Category” from the menu on the left.

eBay Pulse = “a daily snapshot of current trends, hot picks, and cool stuff on eBay”. Go to to see eBay Pulse in action.

Merchandising Calendar = eBay promotes specific categories on its home page each month. Savvy eBayers know that this home page exposure results in more interest in such categories. Go to to view the current Merchandising Calendar.


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