Ever wonder how eBay sellers get the products at just the right time to make a profit?
There is a method to the madness!
The answer is this: Watch & Learn.
Watch when the local retail stores mark down their items week by week and season by season. For example, toys may be marked down every Wednesday and at the end of the Spring and Christmas seasons they may hold a huge 75% off sale. It’s usually the same week every year. Keep a calendar marked with the previous years weekly and seasonal sales. This will have you one step ahead!
Learn when items start to peak at the highest price on eBay. Right now, Halloween costumes are in full swing! Want to know a little secret? Costumes start to sell well in August.
By knowing this you’ll be able to set your prices accordingly and stock your store ahead of time giving you the advantage to be first pick. This will ensure more store sales, keeping listing fees down.
Watching the trends and learning what does well can take some getting used to. It’s what I do, so if you’re ever in doubt – just ask!
Happy Selling!
Jennifer Cangelosi is an eBay expert dedicated to providing networking and mentoring advice to others who want to find children’s clothing, toys and more to sell on eBay and other auction sites. Visit her and other eBay loving moms at Boutique Bargains.
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I agree with you, what we need to do to make profit from our products is by watch and learn. I usually use google trend to find out the hot events or products in each season, so I will know what products should I promote at that time.