At this point in time, you should be mostly sold out of selling the odds and ends that were laying around your house. If you know how to use the completed item research tool, you will need to solely rely on it when going out and hunting for deals.
This is where you go hunting for inventory at outlet malls, the mall and other storefronts. Look for inventory from stores that are clearing things out. Discount orientated stores like Marshalls, TJ Maxx, Nordstrom Rack and Ross are perfect to find deals at when sales are on. Jot down any potential items on paper and if you can, take a quick snapshot with your camera phone. You’re just looking to see what’s out there at this point. Take a look at the eBay pulse to give you a good idea of what you should be searching for in these stores.
Take home the list of deals you found and sort out which ones are good and which ones are bad. Do some completed item research on eBay to see which items are selling and at what price. Once you have found out which ones look profitable to sell (after listing fees), head back and grab the items you want to start listing.
If you can, buy multiples of those profitable items. Relisting an item to sell more than once saves you 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 $9 at a Marshalls and sold them for $100 on eBay.
Once you get the hang of it, you really get to see what you can sell on eBay for a profit. Start making relationships with the store managers and clear out old inventory for them. Usually they are more than happy for you to move their old stock for them if they still sell well on eBay.
Jesse Holmes is an eBay PowerSeller and Entrepreneur who has been making money on eBay for over 3 years. Before you start selling on eBay, make sure you check out his excellent free eBay Business Start Up Kit, showing you step by step how to learn to sell on eBay.
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