You can learn how to profit on eBay and develop your own blueprint for success, but you
need to decide what kind of products you want to sell.
Remember that it’s always good to know your products. It will always reflect in your product listings that you are knowledgeable. As a result customers will be more likely to buy from you. Therefore, researching your product is crucial. Knowing your products is how to profit on eBay.
eBay has all the tools in place to proper product research. So be sure to use eBay’s research tools. You might find that intangible products, like e-books, might be more worthwhile than tangible products to sell. If so, these products you can easily create yourself or outsource.
You might also find that many of your initial product ideas do not show up as stellar sellers on eBay. If so, you have to go beyond your initial scope and think about what might be worthwhile products.
Look at magazine advertisements. Also, take some time and walk around your local mall to get some product ideas. Even online malls, like Amazon.com, have lots of products where you can also read buyer reviews to get a better idea.
Keep in mind that eBay buyers prefer dealing with sellers with decent feedback ratings so one of the best ways to quickly boost your feedback rating is to at first buy some inexpensive items (under a dollar). After each purchase, sellers will boost your feedback by one point. You should have at least 5 in feedback.
Once your feedback is at 5 and you have an idea what to sell, you next need to find the right source for your product. Smart sellers know how to profit on eBay by dealing with the right suppliers.