|Net Auctions and Auction Information|
eBay: What Should I Sell?
There is an art to picking profitable products. It's not just what you want to sell but rather what will sell. Unless you pick a product in demand in the marketplace, you will fail. A fundamental principle of the capitalist system is "supply and demand". It represents a delicate balancing act between "what people want" and how much of "it" is available.
Every Christmas, we see one toy that everyone wants. One year is "talking Elmo" and the next year it's something else. But, it never fails to occur. Because everyone wants "it", so "it" is in high demand. If the supply of the product isn't sufficient to meet the customer demand, prices soar, as do profits for the people selling them.
You could hope you pick one of those products and make a lot of money in one season, or you can be smart and have a profitable business all year round. How? Understand trends in our society and how they help you predict the products which are or will be in demand, now and in the future.
Current Trends In American Society
By reading and watching current news, we should be able to spot trends. These trends will have an impact upon people and therefore, the products they need or want. For instance, some current trends in the United States are as follows:
· Americans are fatter than prior generations (particularly children)
· Baby Boomers (a very large potential market) are getting older. Many are in the 50s or 60s.
· More and more people purchase online from the security and comfort of their own home
· Americans are more security conscious since 9/11
· Travel by car or recreational vehicle is up over previous years
· Diabetes is making major inroads into the general population
These are just some of the trends impacting our culture now. We need to take those identified trends and make some assumptions about them. With these assumptions come product decisions, profitable product decisions.
Using a Trend to Pick Profitable Products
Let's choose the Baby Boomer trends upon which to focus. We know that the Baby Boomer Generation represents a large, and very wealth, segment of the current American society. If we choose to focus upon this group of consumers, we know we have a large potential audience. More importantly, we know we have an audience who can pay.
Determining the products we will offer starts with making some assumptions about our targeted market. What does that mean for the Baby Boomers? We need to take what we know about that market segment and then make some assumption based upon that knowledge. Let's try.
What We Know: What We Can Assume:
We know they are getting older. We can assume they don't like that.We know they are fatter than prior We can assume they don't like thatgenerations. and want to do something about it.
Let's just look at those two trends and how they help us choose products. If this generation is fatter than the last generation, we can assume larger size clothes are needed right now. Is that true? At eBay, plus size women's clothing sold for a total of $90,903.37 in the last 30 days! There's a profitable product selection for the present.
If we assume they are fatter and don't like it, they must want to do something about it. What might they do? Exercise or diet. What does this mean for possible products? Exercise equipment or diet pills. Is this true? At eBay, exercise equipment sold for a total of $1,125,144.50 in the last 30 days and weight loss pills sold a total of $130,795.34 in the last 30 days! Two more profitable, "in-demand", products at eBay, right now.
Choosing the right product for a profitable business does not have to be difficult. Just follow the four easy steps; analyze, assume, test, and choose. You simply have to read and watch the world. Look at leading news articles and magazine stories. What appears to be uppermost in the minds of potential consumers? What assumptions can you make about the trend? What product(s) does that translate to? Sell that product and you will earn money. Continue to follow those four steps and you will be profitable for a long time.
Michele Schermerhorn has over 30 years experience in the business world and over 12 years running her own successful online businesses. She is President of Online Business Institute Inc. (http://www.obinstitute.com). Online Business Institute Inc. exists to "Create Successful Online Business Owners One Person At A Time". They run regularly scheduled free online seminars.
Pottawatomie County Auctions Off Classic Mustangs Aaron BrilbeckPottawatomie County is getting into the classic car - news9.com KWTV
Pottawatomie County Auctions Off Classic Mustangs Aaron BrilbeckPottawatomie County is getting into the classic car news9.com KWTV
Finnish auction house takes over Wisconsin mink trading hub Sacramento Bee
More than 100 vehicles available at state surplus auction ABC6OnYourSide.com
Most Watched Kobe Bryant Basketball Card Auctions on eBay Sports Collectors Daily
Wyatt Earpâ€™s â€˜Vendetta Rideâ€™ Shotgun to Sell at Heritage Auctions in Dallas - NBC 5 Dallas-Fort Worth
Wyatt Earpâ€™s â€˜Vendetta Rideâ€™ Shotgun to Sell at Heritage Auctions in Dallas NBC 5 Dallas-Fort Worth
Leake Auctions sells $17M of vehicles in Scottsdale AZ Big Media
Zion's Debut Jersey Hits NBA Auctions Block Sports Collectors Daily
JFC Silent Auctions to be Available Virtually IDEX Online
Mecum Auctions offers 1,750 motorcycles at South Point Las Vegas Review-Journal
Mecum Auctions kicks off annual motorcycle auction KLAS - 8 News Now
Centennial couple says the owner of a shuttered auction gallery still owes them money - The Denver Channel
Centennial couple says the owner of a shuttered auction gallery still owes them money The Denver Channel
Online Wine Auctions: A Beginnerâ€™s Guide Wall Street Journal
More than 100 vehicles up for bid at Ohio surplus auction 13abc Action News
Foreclosure Auction Scheduled For Long-Time Framingham Restaurant framinghamsource.com
INVALUABLE HOSTS WORLDâ€™S TOP AUCTION HOUSES IN PARIS TO BUILD WINNING BUSINESS STRATEGIES AMID RAPID TECHNOLOGY TRANSFORMATION - Yahoo Finance
INVALUABLE HOSTS WORLDâ€™S TOP AUCTION HOUSES IN PARIS TO BUILD WINNING BUSINESS STRATEGIES AMID RAPID TECHNOLOGY TRANSFORMATION Yahoo Finance
Public auctions often fetch more for in-demand properties St. Augustine Record
Muskie Booster Club Plays to Win with 30th Cake Auction Discover Muscatine
Wheeling Health Right to Host 27th Chef's Auction Wheeling Intelligencer
Social media updates from 2020 Naples Winter Wine Festival auction Naples Daily News
Design royalty is all atwitter about the Prince of Chintz auction The Washington Post
JFK letters to former Calif. governor head to auction fox5sandiego.com
Selected Western livestock auctions | Livestock Auctions Capital Press
Rare '48 Tucker is just one of the million-dollar-plus cars up for auction this weekend - Yahoo Finance
Rare '48 Tucker is just one of the million-dollar-plus cars up for auction this weekend Yahoo Finance
104 Vehicles Available at State Surplus Auction Saturday â€“ WKTN- A division of Home Town Media - WKTN Radio
104 Vehicles Available at State Surplus Auction Saturday â€“ WKTN- A division of Home Town Media WKTN Radio
Christieâ€™s Has Cancelled Plans for a Middle Eastern Art Auction in Dubai, Citing a Lack of Top-Quality Works - artnet News
Christieâ€™s Has Cancelled Plans for a Middle Eastern Art Auction in Dubai, Citing a Lack of Top-Quality Works artnet News
Princess Diana's Audi 80 Cabriolet Heading to Auction autoevolution
â€˜Mona Lisa of Mustangs,â€™ Raced in â€˜Bullitt,â€™ Sets Auction Record The New York Times
NBA's Sacramento Kings partner with ConsenSys to launch sports gear auctions on Ethereum - The Block Crypto
NBA's Sacramento Kings partner with ConsenSys to launch sports gear auctions on Ethereum The Block Crypto
Sarasota Amish community auctions quilts to raise money for Haiti Sarasota Herald-Tribune
Lake County supervisors discuss tax defaulted land auctions Lake County Record-Bee
Sotheby's Auctions Impressionist Paintings Recovered From Nazi Looting; Watercolors by JFK Also Go to Auction - Hyperallergic
Sotheby's Auctions Impressionist Paintings Recovered From Nazi Looting; Watercolors by JFK Also Go to Auction Hyperallergic
Chicago developer Hilcoâ€™s $240 million bid wins auction for bankrupt Philadelphia refinery - The Philadelphia Inquirer
Chicago developer Hilcoâ€™s $240 million bid wins auction for bankrupt Philadelphia refinery The Philadelphia Inquirer
One year after kidney transplant, 9-year-old auctions prize-winning swine at Manatee County Fair - FOX 13 Tampa Bay
One year after kidney transplant, 9-year-old auctions prize-winning swine at Manatee County Fair FOX 13 Tampa Bay
Former California Gov. Jerry Brown surprised by auction of father's JFK letters | TheHill - The Hill
Texoman equestrians host auction benefit for owners of horses battling liver disorders - KFDX - Texomashomepage.com
Texoman equestrians host auction benefit for owners of horses battling liver disorders KFDX - Texomashomepage.com
Vintage Ford Bronco sells for $650,000 at auction for Alzheimerâ€™s Association - KTVI Fox 2 St. Louis
Vintage Ford Bronco sells for $650,000 at auction for Alzheimerâ€™s Association KTVI Fox 2 St. Louis
McGavock auctions off Patrick Mahomes firefighter helmet for Lubbock families of first responders - KLBK | KAMC | EverythingLubbock.com
McGavock auctions off Patrick Mahomes firefighter helmet for Lubbock families of first responders KLBK | KAMC | EverythingLubbock.com
mmWave auction poised to resume, on path to $6B FierceWireless
Frank Sinatra auction: Gold-seated toilet, piano, clock among items from Chairman Suite at the former Golden Nugget Casino - CBS News
Frank Sinatra auction: Gold-seated toilet, piano, clock among items from Chairman Suite at the former Golden Nugget Casino CBS News
From an Iconic Italian Racing Bike to a Revolutionary Harley: 4 Standout Motorcycles Star at the Mecum Auctions - Robb Report
From an Iconic Italian Racing Bike to a Revolutionary Harley: 4 Standout Motorcycles Star at the Mecum Auctions Robb Report
Phoebe Waller-Bridge Auctions Golden Globes Tuxedo on Ebay to Aid Australia Fires - Hollywood Reporter
Phoebe Waller-Bridge Auctions Golden Globes Tuxedo on Ebay to Aid Australia Fires Hollywood Reporter
Comedian Performs at Womenâ€™s Auction Event COLlive - Chabad News
Dogpatch's time's up; auction set to sell park Northwest Arkansas Democrat-Gazette
Site where Bloody Benders killed victims is up for auction The Topeka Capital-Journal
Bugatti, Aston Martin, and other historic cars to sell at auction that could generate $60 million - Yahoo Finance
Bugatti, Aston Martin, and other historic cars to sell at auction that could generate $60 million Yahoo Finance
Auction of Auburn Hills Golf Club called off Roanoke Times
Wellness Place Opens Sponsorships, Donation Opportunities and Ticket Sales to Gala Auction - NewsRadio 560 KPQ - KPQ
Wellness Place Opens Sponsorships, Donation Opportunities and Ticket Sales to Gala Auction - NewsRadio 560 KPQ KPQ
1956 Mantle Jersey Brings $649,250 in Mile High Auction Sports Collectors Daily
7 Interior Designers Shop the Mario Buatta Auction Architectural Digest
Mustang From Famed â€˜Bullittâ€™ Car Chase Heads to Auction The New York Times
AuctionTime.com & Auction Flex to Host Auctioneer Forums in Montana & Kansas Norfolk Daily News
Kings Island hosts a First Riders Auction Loveland Magazine
The first example of the new 2020 Chevrolet Corvette Stingray just sold at auction for $3 million - Business Insider
The first example of the new 2020 Chevrolet Corvette Stingray just sold at auction for $3 million Business Insider
Paddle Auction in Dexter, blood drive in Lawrenceville and more on the Community Bulletin Board - WWTI - InformNNY.com
Paddle Auction in Dexter, blood drive in Lawrenceville and more on the Community Bulletin Board WWTI - InformNNY.com
Heritage Charity Auction Settles with EEOC in Employment Discrimination Suit - The National Law Review
Heritage Charity Auction Settles with EEOC in Employment Discrimination Suit The National Law Review
Lionel Train Auction Draws Bidders from Across US businessjournaldaily.com
Hereâ€™s Jalen Hurtsâ€™ Alabama-Oklahoma helmet auction results, viral video with kids at Senior Bowl - AL.com
Hereâ€™s Jalen Hurtsâ€™ Alabama-Oklahoma helmet auction results, viral video with kids at Senior Bowl AL.com
Modi to put loss-making Air India back on the auction block Nikkei Asian Review
Manny Medina will auction his Coral Gables estate Miami Herald
Barrett-Jackson Celebrates Highest-Grossing Auction in 49-Year History With Over $141 Million in No Reserve Sales - Odessa American
Barrett-Jackson Celebrates Highest-Grossing Auction in 49-Year History With Over $141 Million in No Reserve Sales Odessa American
McAlester cattle auction results | Markets High Plains Journal
PLCB restaurant auction open to bidders Central Penn Business Journal
PHOTO OF THE DAY: ON THE AUCTION BLOCK Freemansd
All eyes on Scottsdale; Ahead of Arizona auctions, classic car market dips - Phoenix Business Journal
All eyes on Scottsdale; Ahead of Arizona auctions, classic car market dips Phoenix Business Journal
Cardamom auctions continue to witness low arrivals BusinessLine
U.S. millimeter wave auction reaches more than $7B FierceWireless
Popular auction set for New Year's Day - News Wilkes-Barre Citizens Voice
Making Money On EBay Can Be So Simple, Just Let Somebody Else Do All The Hard Work For You
OK, so you've been bitten by the eBay bug!You've ransacked the attic, the basement and every other room in your home to find things to sell on eBay.When friends and neighbors ask you where everything has gone, you tell them that you're going for the "Minimalist Look".
Taxing eBay Part Deux
When my column on paying income tax on eBay profits ran it brought a wave of emails on whether you were required to report income earned from eBay sales to the IRS sparked a number of additional questions and comments from eBay sellers who were hoping that I could somehow validate that their eBay activities were mere hobbies instead of actual businesses and therefore not susceptible to IRS taxation.Several folks argued that just because their little eBay hobby generated a little cash, that didn't make it a full blown business.
Low Cost, High Profit Dream Products To Sell on eBay and Amazon
Finding quality products to sell is the key to continuing success. Keeping a pipeline of low cost, fast moving items to sell is also a must.
eBay Consignments: The Giant Opportunity Hiding on eBay (Part I)
More and more, people are becoming aware that they have potential cash sitting in their closets, attics, and basements. But not everyone has the time or the know-how to tap into it, so these items remain where they are or are given away.
Drop Shipping Your Way to Increased Profits
Drop shipping, for those who are unfamiliar with it, is a system whereby you promote the products of a particular manufacturer, take orders directly, and the manufacturer/source handles all the inventory and fulfillment functions for you.In a nutshell, here is the drop-ship system:==>You generate and accept the order.
Bananas - Your Source of eBay Packing Materials!
This is the most boring stage of the process and subsequently where some eBay sellers let themselves down. If the buyer receives thier purchase poorly packed and broken then they are not going to be happy and will want a refund and more importantly never buy off you again which will have negated all the hard work that you put into the previous stages of your professional auction listing.
eBay Auction Sellers Guide to Finding Hot Money Making Products
You might be one of the thousands of individuals who open a trading account with eBay and dream about making auction selling a full-time home-based business.However, before that dream can become a reality, you need to do many important things while running an auction business.
8 Top Tips For Successful Art Auction Listings
Why is it that some artists seem to make easy money on eBay whileothers struggle to break even? Seller A and seller B could be selling paintings of the same calibre, yet seller A turns a good profit year in year out and has Powerseller status, while seller B struggles to even make a profit at all. Often it has a lot to do with the look of their auction listings.
When You Need Extra Cash Ebay Fits the Bill
We all have items in our closets and stuffed in drawers that we no longer have a use for. Some of us use our free time to manufacture craft items that we give to our friends and families for gifts, and still others of us buy candles and other items in bulk to sell to family and co workers for a little extra cash.
EBay Feedback, 5 Key Things All EBayers Should Know
eBay's user feedback system is one of the site's most important components. Without the conscientious comments recorded by both buyers and sellers, there would be no way for anyone to build up a trustworthy reputation in the nearly anonymous realm of cyberspace.
Dropship Your Way To Ebusiness Success
Q: I would like to start my own eBay business, but I really don't want to invest in a ton of inventory until I can get a better handle on what might or might not sell. I read another column about dropshipping, but I'm still a little fuzzy on how the whole process works.
How To Sell On Ebay: Using Store Policies To Cement Your Credibility
In your quest to build credibility as an Ebay seller, few things are more important than creating and following consistent store policies. Doing so will provide your customers with an attractive buyingatmosphere, where they will feel safe making any transaction.
The Top Ten Antique Categories On eBay!
Knowledge is Power! And this statement could not be more true when it comes to selling on eBay. As explained in my book "eBay Marketing Wholesale SourcePak", being successful on eBay all depends on being in the right place, at the right time, with the right product.
Doing It eBay: An eBay Business Means Fun and Profits in a Global Marketplace
In 1995, when Pierre Omidyar introduced an online business venue that was essentially a virtual garage sale with auction pricing, no one knew a retailing revolution was about to occur. That site became known as eBay, and it's hard to find someone today who hasn't at least heard about the popular online auction company.
Drop Shipping Secrets and Sources Revealed
Unfortunately for those just breaking into the wholesaling business, drop-shipping source information is jealously guarded. With a firm understanding of the service they offer, it isn't hard to see why.
Louis Vuitton -- Avoiding the Ebay Nightmare Fakes
Without a doubt, eBay was one of the cleverest on-line ideas that anyone has had so far. The idea of creating a site where you can bid on and buy items ranging from an eggcup through to a disused Boeing 747 or a Nuclear Missile Silo was pure genius.
7 Great Reasons Why You Should Start an EBay Business Today
EBay is a great part or full time business. An Ebay Business can be used as a way to promote your Online Home Based Business.
Is it Antique and is it Worth Anything?
Is it an antique and is it worth anything?Would you know?At some point in our lives most of us are going to put in a position where we have to ask ourselves the question-Which of my treasured possesions should I keep because they might be worth something and which can I throw away?Would you know??We start our own homes full of enthusiasm and with all the lovely clutter that makes up our lives and that of the family, but as time goes on, the children leave home, we decide to move to a smaller house or maybe we decide to live abroad. At that stage we have to decide what to keep and what to part with.
The 3 Minute Auction and Minute Auction Explained
Am I the only person who doesn't know what a 3 minute auction is? Looking for fresh content for my site, I discover that "minute auction," or even a 5, 10 and 30 minute auction is a popular item. Some auction sites may refer to a minute auction as a "Live Bid.
USP on eBay
If you have dabbled at all in the world of Internet marketing, you may have heard the term "unique selling proposition" or USP. USP is a technique that Internet marketers use to set themselves apart from the competition.
|home | site map|