1. Products everyone else are
selling
Selling
items that everyone is selling is not the best way to get
started on eBay. Ipods,
cell phones and so on are the super hot items and look like the
quick route to riches. Not quite.
The sellers who are already selling these items are not
only more established on eBay - and thus familiar to and trusted
by buyers - but they will be able to buy wholesale stock in
larger bulks lots than you will, so their prices will always be
better. To make a
profit in a market that is already well supplied will almost
certainly be very difficult.
2. Items below $10
Items
that sell under $10 have one big problem: shipping.
You would think that everyone loves a bargain and having
items under $10 would be a great idea.
Wrong!!! Shipping for an item will cost more then the
item itself and this can put-off potential buyers.
For example, if the item costs $4.25 and shipping costs
$5.75, the total cost for the item is $10.00. The buyer might be
able to purchase this item in his/her local store for $8.25 then
this suddenly becomes a much better deal.
You can get around this with small items by grouping them
together, such as sets of 6 golf balls or 5 tea towels.
3. Items that are difficult to
ship
Fragile
china and plants -- I'm not saying that these are bad items to
sell altogether and many sellers do well from these items.
When first starting out, I don’t suggest you sell such
difficult items. These
items have above average shipping risk especially if not packed
properly. As a new
seller, any negative feedback you receive at this early stage
could be especially damaging to your career.
4. Things you love...but no-one
else does
You
find a product that you think is absolutely wonderful and could
be the next best thing...but no-one seems interested in buying
it.
Hobbies can be a great way of making money, but only
if plenty of other people are interested in them too.
You think that they’ll eventually learn about my item
and start flocking to buy it.
No they won’t. It’s hard to try to educate people on
the benefits of a product all on your own.
It's almost impossible to start a trend on your own no
matter how fabulous the product might be.
To make money from a trend, you need magazines and
newspapers, word of mouth and television to do some of the work
for you.
5. Very large items
Shipping
large items is a major operation. Not only that, these items
will sell less often than mid-priced items as they won't attract
the same number of impulse buyers.
Unless you already have experience selling and shipping
these items, then it might be wise to start with something
smaller.
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