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Online Auction Sales

 

I have a friend who goes to yard sales and buys used toys. Now this is something I never thought would sell on eBay, but she does quite well. She chooses good quality toys - brand names with very little wear - and knows just how much to pay for them, and approximately how much they will sell for. Doing this takes a lot of research of eBay markets in order to learn what sells and what does not. Hard to find items that have a high demand do best. Antiques that can have the authenticity easily verified by a photo sell well, as do computer items that are in high demand (like laptops), brand name clothing that shows little wear and is low priced, and any item that is out of stock because of popularity - people will be willing to buy good quality used instead of new when it either saves them some, or gets it to them sooner.

Be warned, high ticket items do NOT sell well if the seller has little feedback, or bad feedback. Get some experience selling cheap things before you work up to the expensive stuff. Items like laptops sell best from a computer company, or someone who can verify their expertise - likewise jewelry and antiques do not sell well without authentication.

eBay can also be a means of creating a business if you have a way of selling items that you purchase on eBay. Deals do still happen there, though they are rare, and the chances of getting stung are going up all the time. I bought used laptops on eBay and sold them at a good profit for several years though, and did so well at it that I got swamped. You have to know your market, and have a predictable means of selling what you buy before the price on it drops and eats up your profit margin.

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