eBay powersellers - how can they sell goods so cheap?

Hi Petter,

That's the case because eBay Powersellers buy their items in bulk and as a result they can sell their items for very competitive prices. They order huge quantities at a time - i.e. they spend hundreds of thousands of dollars on a single bulk order and that considerably reduces the price per unit.

By the way what are you interested in selling? We'd love to help you out.

A product with a high profit margin usually means finding a niche market.
One of the best ways of doing this is just by selling some stuff from around the house that you no longer need any more. In the process, you will often stumble across items that sell really well that you would never have otherwise picked!

Hope this helps - Good luck :)

Okei. But is eBay a good place to sell my stuff I have home?

And can you say some items that sells good. I have researched for MANY hours now but can't find any.
Well, I have found iPods, etc. but these electronics and its buyers want warranty, I guess.

But how can I start selling then? If I can't sell.

But how can I start selling then? If I can't sell.

You can sell, you just can't sell stuff like Ipods and other electronics.

Wholesale Joe works for himself, not for anyone else.


I have sold through many different venues. Auction venues like eBay, Bidville, & ubid and also other direct selling venues.

From Amazon, to Clickbank, to I Offer, and Big Ticket Depot and obviously Craigslist.

Working for eBay is not something *anyone* here actually does, I can assure you. The fact of the matter is alot of whole sale joe's merchandise is junk you wouldn't get caught dead with normally.

But it sells great at flea markets. Another place I've sold alot, the classifieds. So everything has a certain place, and a certain strength to it. Everything fits a certain category but in no way does eBay or even ubid dominate that area. In fact they are all opposites of each-other normally good at only 1 thing.

Buying wholesale joe's stuff its alot easier to sell it through craigslist in the end. That's the venue for this, its just cheap but well made cheap junk. eBay doesn't do good with that, craigslist & classified ads do though and I don't know why.

Yep when you buy in bulk liquidations that's really the best venue for eBay auctions and Bonanzle auctions & it works really, very well.

Only thing with liquidations that you have to really watch out for is damaged products. When you get them in nice size pallets then you can dig in and just fire off on automatic, but if some of them are damaged you got to be responsible to that of course etc.

And in dropshipping or wholesale to retail selling, that is much more rare. And you have control of the inventory I would say. However it just doesn't work in auctions for some reason. On the other hand it works for all ecommerce sites and if you have big ticket items I just vouch for Big Ticket Depot.

In the end high value items require systematic care relative to the offer and BTD is very good about taking care of all that and letting you own your own merchant account. Affiliate sales are nice yeah but its not as good as having your own place to sell all the high dollar items & let them take care of it. Monthly fees come with most ecommerce sites so that's the trade off.

Yes most all of my items sell. I do allot of Buy it now auctions and sometimes it takes a few weeks to sell them but they do sell. But at my price. I only run auctions on items I know will generate bids and get more people to my store.

Right now im averaging about 55 Auctions a week with about 40 sales mostly at my prices. There will be items you cant sell, It is the nature of supply and demand and who has the right price. But if you put it at the right price it will eventually sell. I try to get the highest value I can out of each item. If I dont think it will sell well at auction I will make it a buy it now.

For instance. I had some suitcases up a few weeks ago. I had them at a $1.00 starting bid. Note that these units were all in ranges of $250-$399 a UNIT. Mostly designers.

1 Set sold for $35.00
1 Set sold for $19.00
1 Unit sold for $5.65 Very bad on a $350 item.
Now these were test auctions to test the market for them.

I have since listed another 8 sets on ebay all of them with a minimum $59 Price
Up to a $79 Buy it now. In 2 weeks

1 unit sold for $69.99
1 Set sold for $59.99
1 unit sold for $79.99
1 unit sold for $96.00
1 set sold for $59.00
1 Set sold for $49.99

And all remaining sets have as much as 6 watchers.

After knowing how well they sold my next order will have 3 pallets of luggage because I know I can sell them well. Just imagine if I had 100 Sets up per week.

Out of that pallet there were 35 sets. This was also the cheapest pallet avaliable as I was testing to see if I wanted to sell luggage.So far I have made $474 on that pallet. I paid $280 for it.

I have 11 more sets I can list the rest were damaged beyond my ability to repair. But I will still find a way to sell them. Most likely in a bulk lot or as a damaged item sale so someone that can fix it can fix it.

So yes you can sell anything and everything. You just need to be creative and find a way.

Hi Jimmy - my first post in one of your forums!

Just looking at the pallets available and am wondering about ones that have electrical goods - which country are they made for? If I ended up with say some coffee machines that were made for the US market (so US plug, and can only work on 110V etc) I'd probably lose out since selling larger items to the US from Australia is just not economical. I'd usually only sell items like this to my own country - Australia.

Just after your thoughts before I commit to anything :)

Bryan

) wow! only another
$19.99 and we'll also show you how to make money$$$$$$$$$
yeah ,good luck..

I can assure you that I am not working for eBay! It's people like you that think people like me and Salehoo are always out to screw you over and take your money. We are here simply trying to provide a service to help people not hurt them. We don't show you how to make money! We simply provide you with the tools to do so.

That is one reason why liquidated items are much better to sell. You never know what you will get and you will always have something different to sell each pallet. The only research I do it to find the lowest price and beat that price. I don't even pay attention to who is selling what and for how much because I WILL beat that price. I may even price higher and let my highly detailed auctions beat that seller out of a sale.

This is very interesting for a newcomer. I've sold a number of things on ebay from around the house. What I've noticed is that the items that sell the best are, of course, items that are no longer available in the exact same construction. Examples would be like an older schwinn bike that sold for 100 dollars. Another thing that sold well was an old fish finder I had that I still had the original box for as well as the manual. It sold for nearly what I paid for it new. Sewing machines are easy to sell if you know something about them. I buy them when I can for 10-15 dollars and clean them and sell them for 50-80 dollars on ebay. You can't find a steady supply of this stuff though.

bashmaki

The trouble is;I don't have any time on my hands either. I would like to find some way to make some money on line but ebay sure isn't it. I'm not a large enough fish for that.
If I could just find a drop shipper that would ship for a reasonable price I'd be happy trying to sell from a web site until I can buy larger lots. Trouble is; most people with a drop ship program want to sell to you at retail prices.

Bashmaki

Yes, dropshipping just does not work well on eBay. Have you tried buying liquidated merchandise or wholesale and shipping the items yourself. I know this can be a hassle but if you just print the postage at home from your computer it's not that bad. I print the shipping labels at home, get free boxes sent to me from the US Postal Service, and find items like bubble wrap for free from some of the local retail stores. The only thing I have to pay for is tape. The US Postal Service will even come and pick up your packages so you don't have to make a trip to the post office every day.

I was wondering about which retailers give out free bubble wrap? I always find that my expenses for supplies are bubble wrap and tape. Thanks

Jimmy:
In your pallets, it is a lot of junk. So, how can you sell the whole pallet?

One mans junk as you say is another's treasure. It does not matter if the item is brand new or damaged I can still sell it. If the broken item has a part on it that can be sold. Ill list that part. If the item can be sold as a damaged item to someone it can be sold. One of the biggest mistakes people can make selling liquidations is not to sell the damaged or items they consider worthless. If you only sell what in your mind is good you will never profit in this business. Thus you don't belong.

I did this once. Tossed all the items I thought were junk into a pallet in the corner of my warehouse. But one day I got smart and decided to sell all the stuff in that pallet. I ended up making around $1800 on the items I thought were junk

I sold a ton of damaged items and got surprising results.

Damaged blenders $17 and up
Damaged bags $10 and up
Coats and clothes with damaged zippers $15 and up to $150 and up
Damaged sporting goods $5 up to $110
Nasty burned all clads as much a $100
Pots and pans with dings dents and chipped enamel as much as $90

Also with items lets say you have a piece that goes to a unit. They don't normally sell these pieces online. Like the top to a blender. You can pretty much name your price. I had a few broken blenders I sold the tops of those units for $25 each

Power cords as much as $12.50 each.

You dont have to list them at $1.00 . list them for your price and when someone comes along looking for that part they will buy it because they cant find that item anywhere else. They would rather buy the part then a whole new unit.

If you get big into liquidations you will hold everything you dont want to sell on the side. And your next pallet may have the same item that can complete your set.

I had a cappuccino machine that was missing the water tank and all the cups and stainless steel items. It worked but without those accessories The unit was useless. So I stored it. A month later I came across the same machine that had all those accessories but the unit would not power on. So I completed the set. And sold it for $130 on eBay. Then a few months later my cousin came into the warehouse and repaired the unit that would not power on. It was just a loose wire connected to the power switch.

We recently had a Cuisinart Microwave all stainless steel that would not power on. Same problem loose wires and the door was bent a little so the unit would not start. We fixed it within a half hour and now the unit works perfect.

It not hard and any moron can do it. You dont need a degree or a ton of technical experience. Some items can even be fixed by accident. Im no electrician and I have fixed a ton of damaged items just by looking into them.

Not every single pallet is profitable. You may get a bad pallet. But the majority are very profitable. And in the long run you can make very good money in this field.You get exactly what you put into this business. And this business pays off very nicely if you do it right.

This is entirely subjective and depends on the situation, circumstances and also stock.

Jimmy knows the best and most accepted method which is to buy in bulk, normally when someone discontinues or stops something they always sell and give away their bulk stock packages. The excess inventory is perfect.

I still buy bulk on ebay when the price is good. Its not easy sometimes as the deals are great for the people that know the real value of a bulk lot. But ebay still has its benefits. Never count ebay bulk lots out.

Great forum everone.My 1st comment here. eBay's "Powerseller" and Top-Rated seller" programs are a joke! And yes, their fees just keep climbing. I lost both in the Powerseller and Top Rated Seller in same month, this is my 10th year on eBay.Looking to sell someplace else.eBay's fees OMG! Sold 94 items, mostly video game / accessory "eBays fees almost $400.00 no profit! I did better selling 20 -30 items. Lost soul....

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