At this point in time, you should be mostly sold out of selling the odds and ends that were laying around your house. If you know how to use the completed item research tool, you will need to solely rely on it when going out and hunting for deals.
Now is where you go inventory hunting at outlet malls and other storefronts. You want to find inventory from stores that are clearing out items. Stores that already have discounted prices such as outlet malls, Ross, Marshalls, Nordstrom Rack and TJ Maxx are great stores to hit when sales are on. Bring a pen and paper to write down deals, and take quick pics of the items if you have a camera phone. Right now, you're just checking to see what's out there. Having a good feel of eBay Pulse will also give you a good idea for what to start looking for.
Take home the list of deals you found and sort out which ones are good and which ones are bad. Do some completed item research on eBay to see which items are selling and at what price. Once you have found out which ones look profitable to sell (after listing fees), head back and grab the items you want to start listing.
Buy multiples of the profitable items if possible. Selling multiples of an item you only have to list once makes you more money and saves you time.
Thinking this is all just a waste of time and there is no profit to be found? We used this exact same strategy and bought a pair of jeans for $9 at a Marshalls and sold them for $100 on eBay.
Once you get the hang of it, you really get to see what you can sell on eBay for a profit. Start making relationships with the store managers and clear out old inventory for them. Usually they are more than happy for you to move their old stock for them if they still sell well on eBay.
Now is where you go inventory hunting at outlet malls and other storefronts. You want to find inventory from stores that are clearing out items. Stores that already have discounted prices such as outlet malls, Ross, Marshalls, Nordstrom Rack and TJ Maxx are great stores to hit when sales are on. Bring a pen and paper to write down deals, and take quick pics of the items if you have a camera phone. Right now, you're just checking to see what's out there. Having a good feel of eBay Pulse will also give you a good idea for what to start looking for.
Take home the list of deals you found and sort out which ones are good and which ones are bad. Do some completed item research on eBay to see which items are selling and at what price. Once you have found out which ones look profitable to sell (after listing fees), head back and grab the items you want to start listing.
Buy multiples of the profitable items if possible. Selling multiples of an item you only have to list once makes you more money and saves you time.
Thinking this is all just a waste of time and there is no profit to be found? We used this exact same strategy and bought a pair of jeans for $9 at a Marshalls and sold them for $100 on eBay.
Once you get the hang of it, you really get to see what you can sell on eBay for a profit. Start making relationships with the store managers and clear out old inventory for them. Usually they are more than happy for you to move their old stock for them if they still sell well on eBay.
About the Author:
Jesse Holmes is an eBay PowerSeller who has been selling on eBay for over 3 years. Before you start selling on eBay, make sure you check out his recently updated free eBay 101 Start Up Kit, showing you step by step how to sell on eBay.
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