In Only 2 Steps, You Will Learn How To Find Most Profitable Products On eBay
First, I would like to say that at the bottom of this article, I will give you one product for Free that you can go and work on right now. However, this is only one product and if you want more, you must know what two steps you need to take to get it.
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Most of all eBay power sellers make money by importing and selling products from China ? even big companies that sell on their own websites do the same, it is nothing new to us, right?
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You can do the same. China can offer you anything, from any niche you want. You can find products very cheap there, 2 to 5 times cheaper, sometimes even more.
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If you buy, for example, mobile phones from local wholesalers and sell them on eBay, you never make more than 10-20% profit.
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Nevertheless, think about buying something and making up to 5 times what you paid. Amazing, don?t you think?
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Research What Sells Best On eBay Right Now
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Before you start an eBay business you must do research on it. One of the best tools that I discovered for that is Terapeak. You will never earn money if you don?t know what product sells well on eBay, what are the highest prices, what title and keywords to use, etc. This tool does it all.
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I am personally recommending Terapeak for two main reasons:
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1) It is extremely easy to use
2) The prices are the lowest that I can find
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You can search for the best selling items, what the average price is that the sellers gets, who are the top sellers for that item, how much every seller makes per month with this item and get the average price for the items from the last 90 days. You can also track specific sellers by their eBay id, and browse by category to see what?s selling hot. This tool does so many good things that I think it needs more articles just to explain everything.
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It is very easy to get any eBay power seller?s earnings. All you have to do is get an eBay id number, put it in Terapeak?s seller research, select a time-period (for example the last 30 days), and you?re done. Now you have a list of what he sold, how much he earned, what keywords he used, etc.
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If you do your research right, you will be successful for sure because an eBay business is based only on research, which means that you have to spend most of your time doing so.
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How To Find A Supplier For Your Product
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After you?ve done research and decided what sells on eBay, go to Alibaba to search for suppliers.
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Registration is free.
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There are two types of people you are going to personally deal with on Alibaba: a factory representative, or a middleman. Dealing with a factory representative is great since they sell you the products directly. You should be able to build a relationship and have more control over everything. This is very important in the long run. However, doing business this way is more costly.
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If you don?t have the extra money to play with, you can always go with a middleman. They are not bad people to work with. The thing you need to remember is that they have built a relationship with the factories already and buy in large quantities, reselling to you in the quantity that you are looking for.
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Something else to beware of is that many middlemen claim to be factories.
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Next, you have to know only one term when doing business with China: FOB price. The FOB price is the cost of one product that will be made and delivered to the nearest port or shipping company.
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An option that Alibaba has is a live chat system so that you can chat with the companies or the people that are selling products directly. It is very important to understand all of the different factors. The Chinese are very finicky people ? one day they can talk to you nicely and the other they can talk to you differently. Remember that. If you want to finish the order tomorrow, ask them tomorrow because sometimes it takes asking them more than once to get it done.
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One Product I Researched From Alibaba
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Below is the link to the product I researched and want to give you free. I discovered it from Alibaba. Just look at the title and the unit price.
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Xpress Cooker.
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Now visit the link below and see the results by Terapeak for the same item. This product was sold on eBay many times by different eBay sellers.
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research results.
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Think about how much money you can make by selling this one item.
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Imagine how much money you can make if you have 10 different products.
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If you follow the two steps I gave you, you will find a lot of great products you can resell on eBay.
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It is very easy, just give it a try.
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Return To Home
Make Money On eBay
Source: http://getpclinuxos.com/make-money-online-with-ebay/
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