Jennifer Clason at Market Day:

If you’re considering starting an online storefront by selling on eBay, you might wonder what products to offer in your auctions. Don’t rush into this decision, think carefully before you decide on what to sell.

Here are some handy rules of thumb when choosing items to sell on eBay:

1. Don’t sell “high demand” gadgets. I know this sounds wacky but think about it: If you decide you’re going to sell MP3 players, your competition will be companies like Apple, Samsung, Creative, and Rio.

2. Sell consumable goods. Consumable goods are things that people need, use up, and will come back for more. An example of some consumable goods is computer paper, ink jet cartridges, and even housewares like candles.

3. Sell collectibles and rarities.
When someone is looking for something that you can’t get just anywhere, they always think of looking for it on eBay.

4. Sell your knowledge.
Another great item to sell on eBay is your knowledge or expertise. Create a PDF about “how to make money” or “how to bake a cake” and people will bid on the items for the information.

Make sure there is sufficient demand for your products so that you can make a decent profit off of your venture!

 

Originally posted by Rich Whittle on October 10, 2006 in Ideas.

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