If you live in an urban area of any significant size you have a great opportunity to acquire inventory (risk free) to sell on eBay. Many eBay sellers earn decent money reselling items purchased at their local stores.
Many online shoppers live in rural areas or in foreign countries and don't have access to the stores we take for granted. They especially lack access to sales and to clearance items. This is where an eBay seller can help out! You do the digging and find the bargains and sell it to them on eBay.
Here are some tips to get started:
1.) Stick to name brands. They sell much better on Ebay and are what people search for.
2.) Look for clearance and deeply discounted items. EBay items usually sell for 10-20% below retail, so you will need to buy things discounted at least 40%.
3.) Make sure you list it as "new" and mention in your description that it is "new with tags."
4.) Research before you buy. You may need to make two trips, to see what is on sale and compare it to the completed listings on eBay. A smart phone helps out here.
5.) Save your receipts and pay attention to return policies; this makes it simple to return unsold items.
6.) Store Suggestions: TJ Maxx, Marshalls, American Eagle, Hollister, Abercrombie, DSW Shoes, Outlet Malls
Last Spring, I walked into Walmart and noticed the Twilight Board Game for sale. I knew the Twilight books and new movie were very popular. I bought a couple of the games to see if I could sell them on eBay. They were $15 at Walmart and I put them on Ebay for $30. By the next morning, both of the games had sold. I returned to Walmart and bought all the games they had in stock. It was a nice week for me on Ebay thanks to that one item.
If you have any "retail resale" success stories, I would love to hear about them!
Many online shoppers live in rural areas or in foreign countries and don't have access to the stores we take for granted. They especially lack access to sales and to clearance items. This is where an eBay seller can help out! You do the digging and find the bargains and sell it to them on eBay.
Here are some tips to get started:
1.) Stick to name brands. They sell much better on Ebay and are what people search for.
2.) Look for clearance and deeply discounted items. EBay items usually sell for 10-20% below retail, so you will need to buy things discounted at least 40%.
3.) Make sure you list it as "new" and mention in your description that it is "new with tags."
4.) Research before you buy. You may need to make two trips, to see what is on sale and compare it to the completed listings on eBay. A smart phone helps out here.
5.) Save your receipts and pay attention to return policies; this makes it simple to return unsold items.
6.) Store Suggestions: TJ Maxx, Marshalls, American Eagle, Hollister, Abercrombie, DSW Shoes, Outlet Malls
Last Spring, I walked into Walmart and noticed the Twilight Board Game for sale. I knew the Twilight books and new movie were very popular. I bought a couple of the games to see if I could sell them on eBay. They were $15 at Walmart and I put them on Ebay for $30. By the next morning, both of the games had sold. I returned to Walmart and bought all the games they had in stock. It was a nice week for me on Ebay thanks to that one item.
If you have any "retail resale" success stories, I would love to hear about them!
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