If you are preparing to create an additional income stream with online auctions, you will probably want to know how to get items to sell on eBay. More importantly, you’ll want to know how you can find unique and in-demand items you can resell for a nice profit. If that’s the case, read on to discover three ways to source great products quickly and easily.
Method #1: Offline Auction Arbitrage
Although eBay has become a huge worldwide market where you can find many brand-new items, there is still a large market for traditional antiques and collectibles. Going to small local offline auctions and purchasing in-demand items at a low price and then getting a much higher price for them by offering them for bid to the world-wide audience on eBay is still an excellent business model.
The key here is to know your market very well. You need to make certain that the price difference between what you can pick items up for at offline auctions and what you can get for them offering them on eBay allows for a profit margin that is worth the time and effort you put in.
Method #2: International Arbitrage
Ebay’s global reach means that there’s an opportunity to offer products traditionally only produced and sold in one geographical region to the world. The opportunities here are endless. No matter where in the world you live, your region likely has some local specialty, be it a type of handicraft, traditional snack, clothing style, or even tools or consumer goods only produced in the area where you live.
These types of items are great to sell on eBay. This is because people around the world can discover your item, something they have never seen or heard about before that might fulfill a need or want they have. Look around locally with this in mind and you’ll be surprised at what you uncover.
Method #3: Create Your Own Product
If you really want to corner a market on eBay, create your own product to sell. People are searching for products, services and information on topics related to almost any market conceivable there is. If you create an information product, for example “how-to” plans, or an audio cd or DVD showing how to make or do something people want to learn, you can have a low-cost, high profit item to offer.
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