PLUS: Over 50 profitable product-sourcing ideas for you to download next week!
We’ve looked recently at numerous ways to locate stock for your eBay business. Soon you’ll be receiving a free copy of my latest report: more than 50 ways to locate stock offering guaranteed high profits for you. That report will reach you with next week’s eletter.
Until then, let me give you some of those ideas to start work on right away…
1. Look in the For Sale columns of local and regional newspapers, especially at the weekend
Don’t forget to scour freesheet newspapers as well. Many allow readers to place free advertisements for stuff the family no longer requires. Because those people generally have little idea about resale values and most can’t be bothered to find out, you’ll find readers’ advertisements to be a source of low-price, generally high-profit goods for you to resell on eBay.
I’ve found such publications a prolific and very profitable source of toys and bicycles, furniture, collections of all types, clothing and more.
Idea: Look for bridal-wear selling in the For Sale columns – the likes of wedding and bridesmaid dresses – and place your own advertisements for similar products in the ‘Items Wanted’ section (which usually sits alongside items for sale).
Wedding clothing is incredibly expensive purchased new and is frequently discarded after one wear. But people on a budget can’t always afford to buy brand new and will welcome the chance to purchase at around half the normal retail price for items in good condition.
All you have to do is have small faults repaired, have the clothing cleaned, and list the pieces on eBay. Aim to pay less than one-quarter of the item’s retail price when new.
2. Look for sellers making mistakes on eBay
eBay is an incredibly rich source of goods for you to buy to resell at sometimes staggeringly high profit margins. You’re looking mainly for sellers making mistakes in their listings, or asking a low price because they don’t realise the value of what they are selling.
Especially look out for:
- Job lots placed by lazy sellers or people who don’t have time to list items individually. eBay’s ‘Wholesale and Job Lots’ section is the place to find some amazing job lot bargains placed by private individuals, sometimes for same-kind items and, frequently, for bundles of very different goods.
When you find a specific lot you like on eBay, check out the individual contents, then research prices fetched for similar items recently sold separately on eBay.
Consider buying where money from past sales amounts to at least three times the asking price for the job lot.
- Listings with important keywords misspelled in their titles and subsequently failing to respond to searches for the correct terms on eBay.
Visit Fat Fingers at and key in the correct spelling of best-selling products on eBay, such as ‘computer’, ‘suffragette’, ‘sovereign’, and so on. Click to search and Fat Fingers will sometimes return dozens of items currently listed with spelling mistakes in their titles on eBay, all with little chance of attracting other bidders and buyers.
Now you buy those items inexpensively and relist them with important words spelled correctly on eBay. You should profit every time.
Tip: Sometimes you’ll find the same sellers making the same mistakes over several listings, sometimes hundreds of listings – all likely to mean low prices for observant people like you. When you find those people, add them to your list of favourite sellers and study them daily for new opportunities.
Do not buy from the same eBay account used to resell those items or you’ll give the game away and could upset your selling partner. Use a different account until you’ve bought, say, ten or 20 items from one person, then open another account for subsequent buys from the same individual.
The idea is to keep a low profile: you can open as many eBay accounts as you like, as long as each has its own separate email address.
- Put a note or compliments slip inside all outgoing packages to buyers attracted on and outside of eBay. Tell the buyer you are grateful for his business and that you can also help him sell some of his own unwanted goods on eBay.
Say you are a trading assistant and that you collect and list and sell goods on behalf of clients in return for fees incurred and a fixed percentage of the selling price. This brings me onto my next point…
3. Arrange exclusive deals with exhibitors at art and craft fairs
You’ll find nearby fairs advertised in local and regional newspapers, usually at the weekend.
That’s where you will find people selling items they have created themselves or acting on behalf of artists and craftworkers.
I’ve learned that few traders at these events are also selling their goods online, on eBay, for example, or Amazon, Etsy and numerous other such sites. That’s because most artists and craftworkers, as well as their selling agents, are good at creating and displaying their wares, but lousy at marketing outside of fairs.
Offer to take pictures of goods at the event to subsequently sell those items online: a good many exhibitors will accept right away. Only work with products the person can re-create unlimited times for future buyers.
Have a business card printed to hand out at these events. Expect some people who seemed reluctant to talk on the day to be very keen to contact you later, especially if bad weather kept visitors low on the day.
Another reason for this is, usually, traders will take a look online and see what other artists and craftworkers are selling at sites such as those just mentioned, and when they find products similar to their own fetching high prices they’ll either become personally involved or get you to do all of the selling for them.
All your business card needs is your name and telephone number, email address and something like ‘Let us sell your art and craftwork online. Low commission rates for volume sellers’.
I’ll include some ideas for business cards and marketing strategies for this and other business ideas in next week’s free report.
4. Visit high street retailers just after a major national spending season ends
The end of spending seasons such as Christmas, Easter, children returning to school, Valentine’s Day, and so on is when you’ll find many larger retailers offloading stock that failed to sell before demand died down over the last few days.
Most will be selling stock off for pennies on the pound to make way for next season’s stock.
That’s a good chunk of product sourcing ideas you’ve received already: more than enough to keep you listing and making money on eBay for many years to come.
But still there are another 20+ places and ways to find products only a few people know about, which should have little or no competition on eBay. I’ll tell you all about them in my free report – due out seven days from now.