Mining Gold On Ebay MRR Ebook

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Chapter 6: Selling

Now that you’ve started using eBay, know what you want to sell, have started researching and buying it and are comfortable with the whole process, it’s time to start making money!

Unlike most “markets” where research is hard to come by or expensive, eBay makes it incredibly easy to see how the market for your particular products is doing – you can watch other auctions live, and more importantly, you can see everything that happened on eBay for the last 90 days.

If you wanted to open a bakery on the main street of your town and wondered “How many muffins get bought in this town every weekday morning” you’d almost certainly not get a good answer to that.

If you want to sell, for example, dehumidifiers on eBay, you can easily do a search of completed auctions for items like yours and see all kinds of incredible information like how many sold, how quickly, and at what prices.

So that is the most important aspect of selling on eBay – doing a little legwork to understand your market.

Also keep in mind that if a relatively obscure item sells for a high price to one person, everyone who has one of those to sell will list it, trying to get the high price. Outrageously high prices for relatively obscure items are often because one collector of something decides in one moment they “need” it – which may or may not influence the general pricing trend. Also, as a seller, your main concern is problematic, fake, or non-paying bidders.

• File Size:391 KB
• License: Master Resell Rights
• Category:Ebooks
• Tags:2008 Ebooks Master Resale Rights