ReveNews
What To Sell On eBay: Lame Idea #1
What to sell on eBay is one of the most anxious questions on the entire Internet, and there are no dearth of people who will supply the answer to that question. Sadly, most of the advice is garbage, although it might seem sound at first glance.
A prime piece of nonsensical advice is … {drumroll} … “go to garage sales and flea markets”.
You’ve probably seen that one a lot, right? But they’re not the same kind of source. A flea market is populated by folks who are at least semi-professional, if not full time, in their respective product market. They know the value of what they’re selling and they most certainly know about eBay. They’re not naive and foolish enough to be “giving away” their goodies at ridiculously low prices.
A garage sale, on the other hand, is run by amateurs, often people who are moving and just want to clean out their house. They are much more fertile fields for eBay-type bargains than flea markets.
Garage sales are great if you just love going to them, and want an eBay hobby. They are also a good way to learn how the eBay system works, to provide fodder for a few auctions to experiment with, but the important point is:
You CANNOT build a business this way!
Your supply is just too uncertain. You might spend all day Saturday going to garage sales and find nothing you can use. As proof of this, collectibles and unique items were once about 75% of eBay’s business. According to a recent source, they now equal only 6% of eBay sales.
Unless you are an expert is some field, and have access to a constant stream of supply, you will need to focus on the consumer items market. The only way to make this work is if you have a constant, steady and reliable source. Translation: a wholesale supplier.
So when you see someone advocating that you build you business with garage sales and flea markets, etc. - run for your life because they don’t know what they’re talking about!
