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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.
MORE RESOURCES: Capitale building to be sold at auction - The Villager The Villager BY GABE HERMAN | The historic former Bowery Savings Bank building at 130 Bowery, in recent years an event and party venue, will be auctioned off on April ... Online property auctions slowed down last month | Business www.ekathimerini.com Property auctions by banks slowed down considerably in March, amid the government's negotiations with the country's creditors over the protection of borrowers' ... Photos: State auctions off surplus vehicles in Albany Times Union ALBANY — Dozens gathered Wednesday to bid on surplus state vehicles at the State Office Building Campus. The state Office of General Services regularly ... STORAGE AUCTIONS Columbia Star NOTICE OF LIEN. SALE Peak Exit Storage will hold a public auction to sell personal property described below at the location indicated on 4- 30-2019, 11134 ... 32nd Women for Ag auction Saturday | News | gazettetimes.com Corvallis Gazette Times The 32nd Annual Oregon Women for Agriculture auction will be held Saturday at the Linn County Fair & Expo Center. 'Simpsons'-Inspired Parody Painting By Kaws Sells For $14.8 Million At Auction Cartoon Brew American artist Brian Donnelly (b. 1974), or Kaws as he is known in the art world, is currently a moneymaking sensation at auctions. His work, which is often ... The Race to 5G: Protecting Taxpayers through Spectrum Auctions The WasteWatcher Introduction. The Federal Communications Commission (FCC) is currently considering whether spectrum critical to the deployment of fifth generation (5G) ... A Farm-Style Estate in France with 275 Acres Heads to Auction Mansion Global A 275-acre estate in Normandy, France, that once asked €15 million (US$16.9 million) will be auctioned next month without reserve. The bidding for the ... Solar once again the only winner in German renewables auctions pv magazine International In the first round of this year's mixed wind and solar tender there were only bids for PV projects. Some 18 projects with a combined capacity of 210 MW were ... NoMad Hotel to hit the auction block The Real Deal NoMad Hote's mezzanine lender, Colony Capital, initiated a UCC foreclosure auction on the 168-key luxury hotel, Commercial Observer reported. Investor interest Russia's Latest Bond Auction Sets New Record Demand for treasury bills is a barometer The Moscow Times Russia's Finance Ministry is on a tear as it got another no-limits bond auction for its ruble-denominated OFZ treasury bills away, setting a *fresh* record. Google’s Move To First-Price Auctions Will Pressure Other DSPs To Compete AdExchanger “The Sell Sider” is a column written for the sell side of the digital media community. Today's column is written by Harry Kargman, founder and CEO at Kargo. Tiger '00 backup putter auctions at nearly $89K ESPN A Tiger Woods backup putter from 2000 was sold at auction for more than $88000. Spring 2019 Baltimore auction totals over $21 million Numismatic News The Stack's Bowers Galleries Official Auction of the Whitman Coin & Collectibles Spring Expo gathered collectors from all over the country to Baltimore's Inner ... 125 Karl Lagerfeld Sketches—Including 2 Of Elizabeth Taylor—On Auction Fortune Fashion sketches from late Chanel designer Karl Lagerfeld's early career at House of Tiziani at auction, including two for Elizabeth Taylor. Survivor: Jeff Probst wants to bring back auctions, 90-minute episodes FanSided Jeff Probst has returned to Survivor Twitter once more after Edge of Extinction episode 10, replying to individuals about some of the show's big updates. Charitybuzz's Five Highest-Grossing Golf Auctions Of All-Time Forbes PONTE VEDRA BEACH, FLORIDA - MARCH 17: Bryson De Chambeau of the United States lines up a putt on the par 4, 14th hole during the final round of The ... Auction bids decline with intensity of competition: Study reveals downside to having more bidders in an auction Science Daily People bid less in auctions that have more bidders, new research suggests. Eighteen companies take part in auctions of five oil, gas blocks - The Jakarta Post Jakarta Post The Energy and Mineral Resources Ministry announced on Thursday that 18 local and international companies had expressed interest in bidding on five oil and ... Innerarity Island lots — including waterfront parcels — up for auction by Escambia County Pensacola News Journal Escambia County is offering Innerarity Island lots to bidders in an online auction in an ongoing effort to connect water and sewer in the neighborhood. Closed Austin Restaurant Boiler Nine Auctions Industrial-Chic Furniture Eater Austin After Boiler Nine Bar + Grill closed in February, everything is for sale in massive Seaholm restaurant at 800 West Cesar Chavez Street. Items in the auction, ... Emerson, Lake and Palmer Co-Founder Greg Lake’s Gear, Memorabilia Up for Auction Rolling Stone Property from the estate of Greg Lake – the late singer and multi-instumentalist from Emerson, Lake and Palmer and King Crimson – is coming up for auction via ... Hemmings readies online auction site to rival Bring A Trailer Motor Authority There will soon be a new place online to seek out your ideal classic ride. Starboard Value's Jeff Smith announces new stake in KAR Auction Services CNBC Starboard Value CEO Jeffrey Smith announced Tuesday that the firm has a stake in automobile auction house KAR Auction Services. Public auctions to be held in Greenfield, Springfield Berkshire Eagle Sullivan & Sullivan Auctioneers will be holding municipal auctions in Greenfield April 29 and in Springfield May 7. The Greenfield auction takes place at noon at ... Solar ready to take more risks in Brazil's upcoming auction pv magazine International According to Brazilian solar energy association ABSOLAR, PV project developers will be awarded "quantity contracts" in the auction to be held on June 27. Auction calendar: April 19, 2019 Wisconsin State Farmer **Indicates an auction ad appearing in this issue of the Wisconsin State Farmer. Friday, April 19. Mason, WI. 10 AM Farm Auction. Live Auction onsite- Absentee ... City of Owasso briefs: Surplus auction, yard waste collection events Tulsa World The City of Owasso has several events underway, including its online surplus auction and yard waste collection program. ‘Hannah Montana Collection’ Goes to Auction for Show’s Thirteenth Anniversary Rolling Stone With classic rock rapidly fading from the pop charts, the rock & roll memorabilia industrial complex is in critical danger. Luckily, the Disney Channel is here to ... New Vocations Adds Online Auction | TDN Thoroughbred Daily News New Vocations has added an online auction to their annual Open Barn and BBQ, which takes place Friday, April 26, from 5:30 to 8:30 p.m. The auction opens. Thousands of items from HPD evidence room up for auction Honolulu Star-Advertiser Thousands of items from the Honolulu Police Department's evidence room are up for auction. HPD amassed the items from various criminal cases over the years ... U.S. Oil On The Auction Block Seeking Alpha The U.S. shale revolution has turned the global energy markets upside down. The U.S. has become one of the largest oil producers on the planet and is fast ... Eddy County Sheriff's Office: Stolen heavy machinery was set for auction Carlsbad Current-Argus A flyer asking for donations to fight cancer for the chance to win an expensive piece of heavy equipment turned out to be a fraud, according to the Eddy County ... Cathedral Notre Dame: Wine lovers at Sotheby's auction in London on Wednesday raise $1 million in Bordeaux, France Chateau Mouton Rothschild wine for the rebuilding of Notre Dame CBS News Deep-pocketed wine lovers in London raised nearly $1 million Wednesday morning for the rebuilding of Paris' Notre Dame Cathedral. Sotheby's auctioned off ... An auction of historic proportions: South Dakota couple's collection up for sale Bismarck Tribune RAPID CITY, S.D. - Some retirees take up golf or fishing or crafts. John and Grace Mickelson, however, discovered a love for auctions and in the process ... Local organization auctions off rare Jupiter Inlet Lighthouse light bulb WPBF West Palm Beach Thousands were raised during the Inaugural Lighthouse Luminary Luncheon Tuesday afternoon. Gorgeous 1936 Ariel Red Hunter Basket Case Goes To Auction RideApart Bonhams is auctioning off a basket case Ariel Red Hunter. If you have the skill and the gumption, you could bring this classic back to life. Ed “Big Daddy” Roth’s Volkswagen-Powered Wishbone Custom Will Soon Cross the Auction Block Car and Driver The Volkswagen-powered Wishbone, the work of legendary customizer Ed "Big Daddy" Roth, has a mysterious legacy. Now it's headed to auction as the Tupelo ... Ericsson CEO Lashes Out at Europe’s High-Cost 5G Spectrum Auctions SDxCentral Europe is proving slower to adopt 5G than the U.S. and Northeast Asia due to spectrum uncertainty and costs, Ericsson CEO Börje Ekholm said. Hollister Ranch estate goes up for online auction this month KEYT 121 Hollister Ranch, a 3700-square-foot home in the historic and exclusive Hollister Ranch community on the Gaviota Coast, goes up for auction this month ... Auction Preview: Fine Art, Silverware, Antiques - Session 2 at Champagne Auctions, Montreal, Apr 17 | Artinfo Blouinartinfo UK What: Fine Art, Silverware, Antiques - Session 2. Where: Champagne Auctions; 2400 Saint-Catherine Est, Montreal, H2K 2J6, Canada. When: April 17; 11.00 am ... Rotary Club Prepares For 54th Annual Scholarship Auction Event Caledonian Record The members of the Littleton Rotary Club are asking local businesses and individuals to donate items to be sold at the Club's 54th Annual Scholarship Auction ... Auction Theory Ph.D.s Share Five Things Buyers And Sellers Should Keep In Mind For First-Price Auctions AdExchanger As all online advertising exchanges – including Google – switch to a first-price auction format, marketers and publishers can trust they will be run fairly. Round-Up and Happy Canyon host first wagon auction East Oregonian Westward Ho! has gone from the streets of Pendleton to the auction block. Following decades of entertaining crowds each Friday of Round-Up week, Round-Up ... Bond Market Flashes Recession Warning Before Round of Auctions Bloomberg Investors are about to absorb $131 billion of Treasury note auctions at the lowest yields in months, after they piled into U.S. debt following a dovish Federal ... Here's what's up for auction at the 'Pride Sale' amNewYork Pieces of LGBTQ history are coming to the auction block ahead of NYC Pride, but you can see them before they're sold. As part of Stonewall 50, the celebration ... Conflicting Truths About Auction Duplication AdExchanger “The Sell Sider” is a column written for the sell side of the digital media community. Today's column is written by Ben Epstein, engagement manager at Jounce ... Sinclair Broadcasting seen as top bidder as Fox Regional Sports Network auction comes to a close Fox Business The long drawn out sale of 21st Century Fox's Regional Sports Networks may soon be over. Another breakthrough for energy storage? Innovative auctions made prices plummet. Environmental Defense Fund By flipping traditional auction models, the power sector could see the expansion of energy storage take off. Family wins rescued goat at LCSO auction Tallahassee.com A baby goat rescued by the Leon County Sheriff's Office found a new home on Friday. 'Extremely rare' Coca-Cola bottle to enter auction at $150K New York Post An “extremely rare and important” 104-year-old Coca-Cola bottle is about to go under the hammer for a starting bid of $150000 at Morphy Auctions. Chris Watts' Home Auction Postponed WLTZ 38 NBC (CNN) – The Colorado home where Chris Watts murdered his pregnant wife and two young daughters has been delayed at auction. It was scheduled for this ... City surplus auction to feature Tulsa Shock basketball goal, former BOK Center marquee - Tulsa World City surplus auction to feature Tulsa Shock basketball goal, former BOK Center marquee Tulsa World A WNBA basketball goal used by the Tulsa Shock, the former marquee from the BOK Center and coin collections will be among many items up for bid at the next ... 1916 M101-4 Babe Ruth Rookie Card Found in Piano, Soars at Auction Beckett Media, LLC Details on a 1916 M101-4 Babe Ruth Rookie Card that was discovered alongside other baseball cards inside a piano heading to auction in April, 2019. Most MISO zones clear planning auction at $2.99/MW-day Utility Dive Most zones in the Midcontinent ISO cleared a recent annual capacity auction at $2.99/MW-day, according to a report on the 2019/2020 Planning Resource ... Midcoast home sells for $638,400 in online auction — Business — Bangor Daily News — BDN Maine Bangor Daily News The home was slated to sell for the highest bid over $300000, so even $1 more qualified as a successful bid.. Maine news, sports, politics, election results, and ... Mock Auctions. Pretending to Flee Captors. Do Simulations Have a Place in Lessons on Slavery? Education Week The same education story makes headlines time and again: In search of an engaging or memorable history lesson, a teacher decides to do a slavery simulation. India auctions fugitive billionaire's art, raises $8 million Reuters MUMBAI (Reuters) - Indian tax authorities raised about $8 million in an auction on Tuesday of rare oil paintings that were once part of fugitive billionaire jeweler ... FCC plans December 37-47GHz 5G auction, $20 billion rural internet fund VentureBeat The FCC will formally schedule a new round of millimeter wave auctions and roll out a plan to expand rural broadband at a White House event today. Children's Museum silent auction fundraiser set for April 29 Commerce Journal The biggest fundraiser of the year for the Northeast Texas Children's Museum is back, as the annual silent auction is scheduled for April 29. Power plant companies quote higher tariff in the latest round of auctions Economic Times Power plants have quoted high tariff in the latest round of auctions of electricity supply contracts, casting doubt on acceptability of the price by state distribution ... Local auction to feature government vehicles WJHG-TV The Government Surplus Auction will feature the Bay County Sheriff's Office, Talquin Electric, and other government *service* vehicles. Proceeds will go to local ... Notes: Story Behind Great Great Grandpa's Card; Signed NBA All-Star Jersey Auction; Kid Gives Milestone HR Back Sports Collectors Daily A good story behind a six-figure card from 1860; a teen catches a milestone home run ball and gives it back...and some superstar autographed NBA jerseys hit ... Artist auctions off photo of dad's underwear for $1,300 Fox News Eccentric artist Dominic Allan - who goes by the name Dominic of Luton - photographed his dad's underwear drying on a radiator for a work he has titled “My ... Knoll Crest Farm's Cattle Auction Thrives | Southern Edition Lancaster Farming RED HOUSE, Va. — A sure sign of spring is the annual Knoll Crest Farm bull and heifer auction held in the big, red Bull Hill auction house. Knoll Crest Farm is ... Elite Colleges Should Hold a Worldwide Auction for 10 percent of The Seats in Every Incoming Class. Forbes A method for restoring faith in elite college admissions. Sort of. An auction of historic proportions; Mickelson collection up for sale Rapid City Journal Some retirees take up golf or fishing or crafts. John and Grace Mickelson, however, discovered a love for auctions and in the process amassed thousands of rare ... Slash’s Top Hats, Guitar Case, MTV Moonman Highlight Ex-Wife’s ‘Uncoupling Auction’ Rolling Stone Iconic items from Slash's Guns N' Roses tenure – including the guitarist's top hat, coffin-shaped guitar case and his 1988 MTV Video Music Award for Best New ... Puppies for auction at Mandie Phillips fishing tournament this weekend Lumina News Bouncing back from delays caused by Hurricane Florence, the Mandie Phillips Memorial Fishing Tournament, originally scheduled for September 2018 ,will be ... See the muscle cars up for auction during Mecum Houston 2019 at NRG Center Chron Feast your eyes on some of the best that the upcoming Mecum Auctions show at NRG Center has to offer. The auction will be held April 4 through 6 at NRG ... Hot cars up for auction as Barrett-Jackson rolls into West Palm Beach Palm Beach Post Vroom, vroom... The sound of the engines are calling all car aficionados in Palm Beach County. The hottest, most amazing and best-kept vehicles will be on ... US Treasury yields tick higher as investors await economic data, auctions CNBC Long-term U.S. government debt yields snapped their recent streak of declines Tuesday following a steep fall over the past week. Castle-like mansion in Southlake, Texas going to auction Chron.com Anyone who wants to be king or queen of their castle can bid one in Texas... after the $100,000 deposit clears. Luxury agency Concierge Auctions announced ... Your guide to the Palm Beach Barrett-Jackson classic car auction Sun Sentinel One of the most popular car auctions in the U.S. returns next week for its 16th year at the South Florida Fairgrounds in West Palm Beach. The Barrett-Jackson ... 13 of the 700 lots up for bid at HPD's Evidence Room auction this weekend - Honolulu Star-Advertiser 13 of the 700 lots up for bid at HPD's Evidence Room auction this weekend Honolulu Star-Advertiser PHOTOS COURTESY OAHU AUCTIONS | April 11, 2019 | Updated on April 12, 2019 at 11:22 am. SHARE. The Honolulu Police Department is auctioning off ... Barry Bonds' Home Run Record Ball Hits Auction Block, Could Fetch $750K! TMZ Barry Bonds' home run ball, No. 762, is set to hit the auction block. Former North Face exec's Aspen home sells for $9.5M at auction (Photos) Denver Business Journal A unique home set at the top of Aspen's Buttermilk Mountain has sold at auction for nearly half its former listing price. IceHogs raise $70K from jersey auctions WREX-TV The Rockford IceHogs announced they have raised more than $70000 from their annual Jersey Auction Game and Wizard Night (presented by Insurance King) ... Buyers scared to go to auctions NEWS.com.au The housing boom may have been relegated to the history books but many would-be buyers remain too shell shocked from the record price rises to take ... This Pristine Mercedes-Benz 300SL Gullwing Is Hitting the Auction Block HYPEBEAST A pristine 1954 Mercedes-Benz 300SL Gullwing in “Fire Engine Red” will be heading to Silverstone Auctions this summer. Supplied to Hoffman of New York in ... Downtown Austin's Least-Loved State Offices Could Be Bound for Auction TOWERS Austin The Texas Facilities Commission is sailing clear through the Texas Legislature with its plans to sell the Hobby Building state office complex at 333 Guadalupe ... Three Bennington business sites headed for auction Bennington Banner BENNINGTON — Three familiar Bennington business properties could soon change hands via foreclosure or tax sale auction. According to public notices ... Ocoee auction's 'organized chaos' pushes 200,000 cars through 268-acre site annually Orlando Sentinel Ocoee auto auction invests $4.8 million to enhance repair shop for 'organized chaos' of weekly events. The Dealer Using Instagram as an Auction House Artsy Every Thursday evening, Calli Moore posts an image of an artwork on Instagram, and her followers have a week to bid on it. Coonoor tea auction volume up BusinessLine This week both the Leaf and Dust tea auctions are being held on Saturday. Swansea Mall auction rescheduled for April 29 Fall River Herald News SWANSEA — An online auction of the Swansea Mall that was scheduled to take place this week has been rescheduled for later this month.The three-day sale ... Real estate auctions 'not for the weak of heart' Batesville Herald Tribune BROOKVILLE – About a dozen persons were milling around the Franklin County Security Center lobby just before 10 a.m. last Wednesday. Mingo BOE sets date to auction old Gilbert school Williamson Daily News CINDERELLA - The Mingo County Board of Education approved the date of the public auction of the old Gilbert Elementary School property at its regular ... Late Cerner co-founder's Loch Lloyd mansion has a buyer Kansas City Business Journal The mansion, which went up for auction on March 1, is under contract with the highest bidder, according to a representative from Cates Auction & Realty, the ... Bidding to open for “Sharing our Treasures” auction benefiting Baxter County Library Ozark Radio News MOUNTAIN HOME, Ark. — The bidding in the Friends of the Library Silent Auction is still underway, but there are even more items coming in the "Sharing our ... Birds of Australia, tiger's head sell high, plus antiques auctions to watch out for The Irish Times Upcoming sales feature antique garden furniture and rare Chinese bowls. Former Sherman Hospital campus up for auction in Elgin Chicago Daily Herald The former Sherman Hospital campus north of downtown Elgin is up for auction, and the mayor and the local neighborhood group stress the importance of any ... Lee Mielke: GDT auction continues upward trend | Dairy Capital Press Tuesday's Global Dairy Trade auction registered its 10th consecutive session of gain, inching 0.5% higher on the weighted average of products offered. Nine Inch Nails, SWMRS setlists up for auction to benefit youth writing Alternative Press You can own setlists from some of your favorite bands such as Death Cab For Cutie, Nine Inch Nails, SWMRS and more. Read more about it below. Actor Burt Reynolds' car, cowboy boots going up for auction KFGO News LOS ANGELES (Reuters) - One of Burt Reynolds' favorite cars is going up for auction in June along with some of his cowboy boots, hats, sports jackets and other ... Moody's advances in Acuris auction after Fitch pulls out - sources Reuters Credit rating agency Fitch has pulled out of the bidding for financial media and data firm Acuris leaving rival Moody's as one of the strongest contenders to win ... Most recent online auction invests $87 million into state The Red Oak Express State Treasurer Michael L. Fitzgerald announced the results of his most recent Invest in Iowa online auction. Over $87 million will be deposited in 34 financial ... Selected Western livestock auctions | Livestock Auctions Capital Press Oregon. EUGENE. (Eugene Livestock Auction). March 30. Total Receipts: 510. Comments: Good quality feeder calves $3-5 higher with spring grass finally here ... City ponders future of Northwood Centre after snagging it at auction for $6.8 million Tallahassee.com Bidding ended on the Northwood Centre Wednesday. |
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