We all have seen the ads and infomercials on TV from the like of Dave Espinosa and others, hawking their Ebay reseller kits and proclaiming how many people make substantial incomes off of Ebay. Is it possible? Yes, there are quite a few people out there that their entire income source is derived from auctions like Ebay and Yahoo auctions. Is it easy and where do they get their items cheap enough to resell on Ebay for a big profit? Well, that takes a little delving into.
First you have to identify a product or item that has an immediate demand. It does not matter how good the price you get on something is if no one wants to buy it, right? Scour Ebay and you can easily find some hot selling items like Ralph Lauren polo shirts, Dolce & Gabana jeans, almost anything Versace, etc. Jot down these hot items. Do not be like some sellers that sell knock offs incorrectly listed as originals, you may make a quick buck, but will soon be found out and labeled as a scammer and your sales and feedback scores will plummet. Its not worth it. A good feedback score and reputation will make you or break you on Ebay.
The best sources may even be local to you. Many Ebayers buy items from Marshalls, TJ Maxx, and even their local dollar stores and resell them on Ebay. Ebay is a huge market place and the possibilities are limitless.