6:02 p.m. - 2010-01-14
Best Items To Sell On Ebay --This is how its done
Want to see how the Best items to sell on ebay work. 
Folk have been asking me for definite examples of what I'm selling and how much profit I am making. If this doesn't sound great to you, then I'm not sure what would!
I got this amazing sweater, a brand i've never seen in a thrift store in all my years of shopping, but a name that I have known because I have seen it at a top-end mall that I've been to. Low and behold, after doing only one minute of research ( looking up your products doesn't take much time - merely a stroke of a few keys and wah-lah, instant appraisals galore ) I worked out how much to list it for and after a five day auction, I made $48 profit! So here is the profit and loss on just that one item :
Shipping = $5.15
Paypal fee's = $2.17
So i did 10 mins of work, and I made $48 profit. So does that suggest I am worth about $250-$300 an hour?? Food for thought
Another example :
I purchased a coat of a certain fur, from a certain time ( curious? Buy the book ). I was buzzed to see that this was $8.98 and 75% off on top of that, so I paid a gigantic $2.25 for it! Barely the price of the thread that holds the coat together! Yippee! Why was this fur coat so inexpensive, you ask? It needed a TON, and I mean a TON, of work done - work that was'doable' though. Time is money though right? Yes and no. Yes, it would probably take a few hours to actually get this sucker put back together, and my time is worth something. BUTI'm a homebody mom. There are occasions when my girl is playing on the floor in front of me, and i can't leave her to go on the computer and do work, but I'm simply just sitting on the sofa as she plays.
Auction end price + shipping received =$188
Cost of item = $2.25
Shipping = $10.15
Ebay fee's = $6.27 (listing + final value fee's minus my "top-rated seller discount of 20%)
TOTAL PROFIT = $163!!
TOTAL TIME SPENT ON THAT ITEM FROM TIME I PICKED IT UP UNTIL TIME IT WAS SHIPPED = APPROX 2 HOURS
In this last example, you can see that my time on that jacket was worth about $80 an hour. Still better than any job I could get out of the house!
Don't think that these examples are just 2 rare examples. I love to bring more traffic to my auctions, so I have'filler' auctions - auctions on items that I make about $5-$10 profit per item. These are items that I'm really familiar with, need no research on my part, I already have photographs for, or don't need much effort on my part. If I spend 5 minutes on those kind of auctions, I am still making $100-$200 an hour primarily based on those'filler' auctions. Sound good?? I suspect so!
If you are interested in more on this subject please click on this: Best items to sell on ebay
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