Home eCommerce Blog Selling Eletronic Items Online - Our March Seller Spotlight!

Selling Eletronic Items Online - Our March Seller Spotlight!

Have you ever considered selling electronic items online? It’s a highly popular, yet very competitive market that I’ve never encouraged sellers to enter because it generally requires a large investment and results in low profits.

However, SaleHoo member Steiner Sorum from Norway has found that selling electronic items can work, you just have to diversify your market.

Read on to learn more about Steiner’s business:


Forum username: Steinar 1

What items do you sell? Memory cards, USB memory, watches, game console accessories, a few pet products, cameras and web cameras.

Where do you sell them? eBay, Tradera.com, Finn.no, QXL.no, Addoway, Nettmix and Webstore at the moment.

The electronic items you are selling are quite competitive – so they can be hard to sell. How do you deal with selling in such a competitive market? If I can see that I can make a profit I go for it. But if the competition is too hard I leave it.

On eBay I have taken chances with products and listed them at $0.99 and no reserve price to hold my costs down. I usually get a positive result.

My trick has been diversifying where I sell: I spread out on different auction sites in Scandinavia. What sells in Denmark is not the same I will sell much of in Norway , so it is worth testing the water.

How long have you been a member of SaleHoo, and what do you like most about it? I’ve been a member of SaleHoo for around one month. I like the directory where you can find suppliers, and the fact that there are reviews made by other members of their experience using the suppliers. I also like the forum where you can post for advice, and also the Education Section where I can search for information.


What one piece of advice do you have for other sellers? Be patient. You can’t build a successful business in a week. To successfully sell on eBay I had to work hard for at least three months.


What was the biggest obstacle you’ve had to overcome in selling online? Finding a product I liked and wanted to sell. In the end, I just chose items I thought would sell well, and did plenty of research to get to know the products. In the beginning, I had no idea!
 

What’s your favorite thing about making money from selling items online? The rush of selling products people want. And earning money!

Have you sold electronic items before? What was your experience? We'd love to hear from you, please leave a comment below.

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6 Comments Add your comment
Enjoyed the read and learned of some new sites to check-- appreciate.. Reply
I'm just a newbie and I'm having a hard time finding the things that I like and getting a supplier. I guess it's a long struggle and you apparently can't stick with one thing. I feel like I've lost several weeks looking for suppliers in the wrong field. So I'm looking at alternatives. Trying to not put all my eggs in one basket. Reply
I like your energy and persistance i wish u lots of success in all that u do...... God Bless u on your journey... Reply
Thank you for the advice. It helps to know things like that. Reply
Site Admin
@Joyce Knake, Hi there, Don't feel disheartened by the fact that you haven't found "your niche" yet. It can take a long time to find a niche or niches. It's probably one of the toughest hurdles you have as a seller - so it's a real shame that it's one you have to deal with right at the beginning, when you are just trying to get on your feet! One of the best things you can do is just search around different marketplaces and get some ideas. For example, look around eBay.com, Bonanza.com and Addoway.com and see what other sellers are offering. This might help to spark some ideas - even if you are not going to sell on either of these sites, it will still help you out. Another idea is to have a browse around our directory for ideas and then visit supplier's websites to see what they stock, a great way to come up with ideas! Then maybe browse eBay and see how much those items are selling for, and compare how much that supplier can sell the same items for (remember to always email the suppliers, advertised prices on their website are usually higher than what you will actually pay when you buy in bulk). Not putting all your eggs in one basket is definitely important - glad you picked that up from Stiener's story. A great way to do this is to sell a couple of different items, and across a few marketplaces (not just eBay!). Bonanza and Addoway, which I mentioned above, are great "eBay alternative" marketplaces so have a surf around those too. All the best, keep in touch with us on the forum! Reply
Full Member
G'day I am really new. And I think this is the best thing because when you make a mistake you can sit back have a giggle and most importantly learn from your mistake . Please let me now how you go and remember there are always people on SaleHoo that have taken the same path you're on right now and are willing to assist. Good luck.Davyd gwhiz2011 Reply
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