SELLING: Market Research

Market Research ...

This is an important one, folks. Before you buy anything to resell on ebay, take the time and research the item on ebay so that you can find out if the item is worth selling, as well as what you can expect to get from the sale.

Beginners usually do a search on ebay to see what the competitors are selling similiar products for. This doesn't really give you accurate numbers. There may be a lot of items listed, but the question is, do they actually sell, and if they do sell, what do they sell for?

Here's a better way. Do a search for the item you are considering. Then on the left side, there is a check box that says "Completed Items". Check that box, and do your search again. Then you will find on the top of the search results a drop down box that allows you to list the results by various methods. Select the option that says "Price: Highest First". Look for similiar items with the price in green. If the price is green, that means that the item sold. If the price is red, it means that the item did not sell. You will then have a good idea of what the selling price of your item should be.

If you see a lot of green, and the numbers are indicating that you can be profitable with the item, then you have a winner! Stock up, and get ready to start making sales!

It's very simple, however it took me months to learn this.

Your comments are welcome, so please feel free to write a comment. I as well as the rest of the ebay community want to hear what you have to say. Thanks! Steve