Hot Product Sourcing Strategies
by Jesse Holmes
If you have gone through your house and have been listing off your
odds and ends, by now you should be mostly sold out of them. Now it is
time to start searching for items to go out and buy to get listed. You
should now be a master at completed item research, and as you go out
and hunt for deals it will prove to be invaluable.
Now is the time to go to the mall, outlet malls and storefronts on an
inventory hunt. The ideal situation at this point is to find inventory
from a store that is having a clearance sale. Stores that are already
discount orientated such as outlet malls, TJ Maxx, Ross, Marshalls and
Nordstrom Rack are the perfect stores to visit when sales are taking
place. Take a pen and paper and as you spot deals, write them down.
Take quick snapshots if you have a camera phone. At this point, you
are just seeing what's out there. Already having a good idea of eBay
Pulse will give you a good idea what to start looking for in the
store.
When you go home, make a list of deals that you found while browsing
around. With your list, you are now ready to find out which deals are
keepers and which ones are not. Go through each item on your list and
perform some completed item research on eBay. This will tell you if
the items are selling or not and what they sell for on eBay. Once you
have determined which items are profitable to buy (after listing
fees), then go back to the stores and pick up the items you want to
start selling.
If there are multiples of the items that are profitable, buy
multiples. Having an item you can relist and sell more than once saves
time and makes you more money.
Thinking this is all just a waste of time and there is no profit to be
found? We used this exact same strategy and bought a pair of jeans for
at a Marshalls and sold them for 0 on eBay.
It doesn't take very long to see what you can sell on eBay for a
profit after a few trips to the store. If you want to take some old
clearance inventory off their hands, develop some relationships with
the store managers. If the items still sell well on eBay, its worth
your time, and usually they are more than happy to have you clear out
their old stock.
About the Author: Jesse Holmes is the designer of the free eBay 101
Start Up Kit [1]. In this easy to follow video kit he will show you
precisely how to make make money on eBay [2] quickly and easily! Get
your free copy while supplies last.
Links:
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[1] http://www.powersellerpath.com/
[2] http://www.powersellerpath.com/
http://www.articlejunktion.com/2009/06/hot-product-sourcing-strategies/