Author: M Fernandez

Many of us dream of working from home by advertising products on Ebay. But what are we going to sell? And how would we distinguish if a market exists for the items we have? To shun listing items that no one requests, or items contained by an already flooded market, some investigation is in order. The target of this examination is to acquire your niche on Ebay. With a strong goal to thrive, a keenness to apply a part of your time, and an knowledge that a modest research can create a difference in profitable eBay selling, anyone will be able to succeed. However, that is not what in truth happens.
Many Ebay sellers impart their supplies within individual niche — or a productline that a particular sector or group within the 157 million-member eBay marketplace. The rest have a handful of niches that they concentrate in. The secret is to locate a group of products that you’re already familiar with. However, do not set up a item for consumption and presuming that there will be a market for your product. That is the very basis why thousands of newbie sellers fail on eBay practically everyday.
Perhaps you’ve been a collector of antiques for several years. If so, you most likely know when you come across an item that could likely sell for a good amount of money. Also, you have a good design of which items are likely to collect dust on your shelves. You can put this learning to work for you on Ebay. Your competence with antiques gives you an edge above loads of competitors.
Once you have a good idea of the niche you wish to fill, it’s time for the second half of your preliminary effort. Start a database that lists the different choices of items you would like to sell. Then add a monetary value to each entry. This displays how much you can look ahead to to purchase the item for. Be realistic; you want to lay out an accurate portrayal of how a good deal money you will be spending to build up your inventory. Optimism won’t help in this circumstance.
Expand your spreadsheet to include other niche markets, just in case. These can be items you benefit from working with, have expert knowledge of, or something you’ve always had an affinity for and think you could be successful with. Remember: no matter what your niche is, someone will buy from it as long as you list quality items at reasonable prices. Assess the preliminary charge of each item, including transport and sales tax. Afterward get ready to immerse yourself in Ebay as your research begins in earnest.
Go to Ebay and search through the completed auctions. This allows you to see the actual price that items akin to yours have sold for. Is the average price something you could live with? Remember to factor in shipping costs. Also, pay attention to the quality of the sold items when deciding whether this niche is something you wish to pursue. Items in “mint” or “like new” condition will bring considerably higher prices on Ebay than worn, scuffed items.
Now reflect on your findings. Did the completed Ebay auctions fetch your target price, or were the closing bids uniformly low? Did any of the items fetch a surprisingly high amount? If you were unimpressed by your findings, go back and consult your spreadsheet; it’s time to start researching an alternative niche.
If your observations were regularly positive, you may have found your Ebay niche already. In that case, go out and start building up your supply. Don’t go overboard; you’re still in the testing phase. Purchase a dozen or so items at fair prices. Then list them on Ebay.
For many sellers, waiting is the hard part. However you’ll require patience for this chapter of your niche-finding mission. Monitor your listings and perceive how they complete. If they do well, you can build up your supply even more and step up your listings. If they don’t quite live up to your expectations, you can go back to square one. Pick out another niche from your spreadsheet and start researching it.
The key to finding your niche on Ebay, as with many issues in life, is basically to in no way resign. If you have a wide selection of interests, you’re more likely to find a effective niche that you will enjoy filling. Think of all the things you take pleasure in doing, making, or accumulating. Then come up with a list of ten items related to each. This sort of brainstorming is a sure-fire remedy for pushing past your seller’s block. Let your imagination roam, and you’ll carve out your Ebay niche in no time.