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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: Live auctions kick off tobacco sales The Wilson Times Buyers walked along bales of tobacco in the first live auction on the secondary market Wednesday at Horizon Ltd. in Wilson. “This is the first sale of the 2019 ... Local News, Idaho auctions 30 PL lots for $14.2M Bonner County Daily Bee PRIEST LAKE — Almost all of the 30 state-owned lakefront lots at Priest Lake auctioned by the Idaho Department. Auction Life photo submissions due Sept. 3 Auto Remarketing The Oct. 1 edition of Auto Remarketing will celebrate the National Auto Auction Association's annual convention. $20 million Porsche flops in auction snafu CNBC There were no more bids after $17 million. Since $17 million was below the reserve price -- or minimum required by the seller — RM Sotheby's pulled the lot. PHOTOS: the 27 most expensive Ferraris at the Monterey car auctions INSIDER These are the 27 ultra-rare, ultra-expensive Ferraris that were auctioned at Monterey this year. They mostly did not fly off the auction block. Items belonging to Elvis, Johnny Cash and Garth Brooks at auction Channel3000.com - WISC-TV3 Memorabilia from some of the most iconic stars and artists of all time are hitting the auction block later this month and we got a sneak peek. Obama's high school basketball jersey sells for $120G at auction Fox News Former President Barack Obama's game-worn high school basketball jersey – nearly lost forever in the trash – has sold at auction for $120000. Here Are The Cheapest Cars And Bikes Sold At The 2019 Pebble Beach Auctions Jalopnik Oh, hello there. Did you go to Monterey Car Week this year? Did you have an opulent time? Did you drink opulent shooters, listen to opulent music? No? Good ... President Obama's high school basketball jersey sold for $120,000 this weekend in online auction CNBC The No. 23 basketball jersey believed to have been worn by President Obama when he was a high school senior sold in an online auction for $120000. Art In The Park Brings In A Third Of Shark Auctions Cape Cod Chronicle CHATHAM – The Chatham Merchants Association's Art in the Park exhibit ended last Friday, and while the auction of the painted and decorated Cape Cod and ... KAR's auction operations: Thoughts on physical auction expansion Auto Remarketing During the company's quarterly earnings call this month, executives with KAR Auction Services didn't rule out physical auction expansion in the future. Live, silent auction, yard sale set for Aug. 24 Kennebec Journal & Morning Sentinel JEFFERSON — The St. Giles Episcopal Church will hold its yard sale, silent and live auctions, and homemade pie sale from 10 a.m. to 2 p.m. Saturday, Aug. Gooding & Company Accrues Over $76 Million, 2019 Pebble Beach Auctions Yahoo News The auction house achieved $76824740 in total sales and a 77 percent sell-through rate. Gooding & Company, the official auction house of the Pebble Beach ... Aquis turnover in new closing auction totals 208 million euro since Aug. 13 Reuters Turnover on Aquis Exchange Plc's new end-of-day auction has totaled some 208 million euro ($230.8 million) over the past week, a spokeswoman said, the ... Last orders: Rise of closing auctions stirs worries in European stock markets Reuters The final five minutes of trading have become the busiest time of day for stock market traders in Europe. Lawsuits could change foreclosure auctions in Lansing region Lansing State Journal Class-action lawsuit against Ingham County maintains auction profits should go back to homeowners who lost property. Rare 1894 dime sells for $1.32M at auction Fox 2 Detroit An incredibly rare dime once owned by late Los Angeles Lakers owner Dr. Jerry Buss sold for $1.32 million in a Chicago auction. Turkey completes August domestic debt auctions, raises TRY8.4bn at lower costs bne IntelliNews The Turkish Treasury held four domestic debt auctions on August 19-20 as it completed its scheduled auctions for the month having raised a total of TRY8.4bn ... Bidders, sellers disagree on values at Monterey auctions The ClassicCars.com Journal Although Bonhams and RM Sotheby's added an early and extra day to the annual collector car auctions that take place during Monterey Car Week 2019, with ... Auction's cancellation leaves Sundale's future in question | News The Bakersfield Californian The auction of Sundale Country Club was again postponed Wednesday, leaving the troubled golf club property — and the neighborhood surrounding it — in ... East of Eden, listed for $12.5M, to go to auction Mount Desert Islander BAR HARBOR — The historic mansion East of Eden will go to auction on Sept. 7, unless sold beforehand. The mansion is currently listed for sale for $12.5. The man on the phone: What's it like making history's highest auction bid? CNN In 2017, an anonymous buyer paid $450 million for Leonardo da Vinci's "Salvator Mundi." But it was down to Alex Rotter, on the other end of the telephone, ... Gulf oil-gas auction bids down from last summer Houston Chronicle WASHINGTON — A federal auction for offshore oil and gas leases in the Gulf of Mexico on Wednesday drew less than $160 million in wining bids, 10 percent ... Auction held every week at Action Auctioneers FOX 13 News, Tampa Bay Action Auctioneers is getting ready for their weekly auction. Lifetime collection of collectible cars, pickups, and tractors sold on auction KEYC A Sleepy Eye man's lifetime collection of farm equipment and more than 120 collector's vehicles sold Aug. 17 at his estate. J Levine Auctions being liquidated? ABC15 Arizona If you are one of the many creditors owed money by J Levine Auctions, it may have just become harder to collect anything. The Met Museum Plans to Auction Off 300 Works of Chinese Art at a Precarious Time Observer It's not the first time the Met has planned to sell items from its collection, but the museum has had these pieces for only four years. The richest car sale of the year: $380 million of wheels set for auction at Pebble Beach CNBC For the wealthy collectors who converge from across the globe on Monterey Car Week, the biggest spectator sport over the weekend is the auctions. The Final Bid Price Of Netflix's Marvel Auctions | TheRichest TheRichest Fans of Marvel TV shows have had reason to celebrate. Earlier this month Marvel promoted the Marvel Television Live Auction with several costumes from ... Rare props from 'Star Wars,' 'Batman' and other classics up for auction New York Post Some of the artifacts going under the hammer include: the armor Russell Crow wore in "Gladiator" (valued at more than $36000); Jack Nicholson's axe from "The ... Taking aim at rivals, CBOE Europe's closing auction debuts with... Reuters Europe's latest share trading platform debuted with a whimper this week as just 23000 euros ($25460) worth of stock changed hands in Monday's first closing ... ‘These properties are weird’: Investors, speculators, neighbors snap up unusual parcels at Spokane County tax auction The Spokesman-Review While previous buyers passed on 18 oddly shaped and nearly unbuildable tax title properties for sale at the county, a group of investors and adjacent ... Gallery: Rare Ferrari, Porsche, other exotic cars sold at auction Fox Business These are some of the most expensive cars that sold in Monterey, California. Auction calendar: August 23, 2019 Wisconsin State Farmer Auctions appearing in the Aug. 23, 2019 Wisconsin State Farmer. Zao Wou-Ki’s ‘Voie Lactée’ to Highlight Christie’s Shanghai Auction Barron's A Milky Way-themed oil painting by Chinese-French artist Zao Wou-Ki will be a star lot at a Christie's auction in Shanghai this September. The large-format ... See the super-rare 30 most-expensive cars up for auction at Monterey including vintage Ferraris, Porsches, and Aston Martins Business Insider The Monterey car auctions are a time of wealth and wheels. Here are the 30 most expensive cars being auctioned off this week. Insurance Auto Auctions, LKQ capitalize on rising demand for auto salvage - Crain's Chicago Business Insurance Auto Auctions, LKQ capitalize on rising demand for auto salvage Crain's Chicago Business Rows of damaged cars, slowly being scavenged for parts, sit in the 8-acre junkyard at the LKQ Pick Your Part site in West Humboldt Park. Mechanics shopping ... Germany Regrets Size of Bond That Pays Nothing as Auction Flops Bloomberg The world's first 30-year bond featuring zero income struggled to find buyers, prompting Germany's debt agency to admit the sale may have been “too large.” Elvis Presley's long-hidden Lincoln limousine up for auction Fox News Elvis Presley's pal Wink Martindale reveals why he 'broke down' after seeing The King for the last time. Radio personality and game show host Wink Martindale ... Turkish Treasury borrows $830.5M through auctions Hurriyet Daily News The Turkish Treasury borrowed a total of around 4.67 billion Turkish liras ($830.5 million) from domestic markets on Aug. 19, according to an official statement. Got $100,000 to Buy Obama’s Old Basketball Jersey at Auction? The New York Times An auction house selling the jersey, which the former president is believed to have worn while playing in high school, says it could fetch that much when bidding ... We Went to an Art Auction on a Cruise Ship. It Was… Unusual artnet News Have you never had the privilege of attending a cruise ship auction? Here's what it's like to buy art on the high seas. AT&T Surplus Real Estate Auction Set for October PRNewswire DALLAS, Aug. 14, 2019 /PRNewswire/ -- Williams & Williams, a leader in global live and interactive real estate auctions, will offer a portfolio of real estate for the ... The 9 Coolest Cars Up for Auction at Monterey Car Week 2019 Forbes From a 1939 Porsche to two ferocious Ferraris from the '50s to a 1995 Vector M12, these are the best vehicles up for auction at Monterey Car Week 2019. Elvis Presley's Lincoln Limousine "Family Car" Is Hitting the Auction Block Mental Floss Elvis Presley not only liked peanut-butter-bacon-and-banana sandwiches, he also loved cars. The King owned more than 100 automobiles, including several ... A set of Pokemon cards just sold for more than $100,000 at auction CNBC A complete set of first-edition Pokemon cards from 1999 has sold for $107,010 at auction. The collection, comprising of 103 cards, was sold in mint condition and ... JPD vehicle auction begins next week Juneau Empire The Juneau Police Department will host an online vehicle auction for impounded vehicles beginning at 8 a.m. Monday, Aug. 26. The auction will run until 4:30 ... Man auctions prized comic collection to pay for cancer treatment FOX 59 Indianapolis Phoenix, AZ (KNXV) -- It's been a passion of his for more than 50 years, and one he didn't think he'd have to part with so soon. “For some, it kind of makes you a ... Marilyn Monroe Outfits, Once Owned by Debbie Reynolds, Up For Auction Hollywood Reporter Marilyn Monroe costumes from 'Gentlemen Prefer Blondes,' 'There's No Business Like Show Business' and 'River of No Return' are among the 115 items that ... Jim Nabors estate to auction memorabilia Honolulu Star-Advertiser Oahu Auctions and Liquidations and Estate Liquidators Hawaii are auctioning off items from the estate of the late actor Jim Nabors in Honolulu. Read more ... Auction of one-of-a-kind Porsche falls apart after bizarre bidding error MarketWatch A much-hyped car auction sputtered out in the weirdest way Saturday. Late farmer's massive car collection up for auction in Minnesota Fox News There's a bumper crop of over 100 classic cars coming up for auction in Minnesota this Saturday. (VanDerBrink Auctions). The vehicles were owned by a farmer ... Rare Nike 'Moon Shoe' auctions for $437K, breaking sneaker auction record ABC News A rare pair of Nike sneakers with a storied history has just shattered auction records. Sotheby's auctioned off the Nike "Moon Shoe" for $437,500 Tuesday night, ... Meat products auction earns $100,000 for state 4-Hers Wisconsin State Farmer Youth in 4-H will benefit from proceeds of Governor's Blue Ribbon Meat Auction. America’s Priciest Listing Sells at Foreclosure Auction The Wall Street Journal Once listed for $1 billion, a 157-acre parcel of land in Beverly Hills known as The Mountain has sold at a foreclosure auction to its lender for just $100,000. Dallas Auction House Taking Bids For President Obama’s HS Basketball Jersey CBS Dallas / Fort Worth DALLAS (CBSDFW.COM) – Time is running out for anyone wanting to bid on a high school basketball jersey believed to have been worn by President Barack ... A Christie’s-Owned Tech Company Must Pay Heritage Auctions $1.8 Million for Data Theft, a Court Rules artnet News A judge has ordered Collectrium to pay Heritage Auctions close to $1.8 million, bringing to a close the long-running data theft lawsuit filed by the Dallas ... Mount Desert Island Gilded Age mansion will hit the auction block Boston.com Originally listed for $12500000, 145 Eden St., known as East of Eden, has 28 rooms in 15000 square feet of living space. | realestate.boston.com. Army halts boat auctions, suspends plans for getting rid of maritime fleet Stars and Stripes The Army's plan to shutter its watercraft units and auction off boats has been delayed until a study ordered by House lawmakers of the proposal has been ... Sapulpa Company Holds Auctions To Help Flood Victims Recover News On 6 From metal, to siding, to lumber, and bathtubs, a lot is up for auction this weekend in Sapulpa. Dynadot Changes Auction End Times DomainInvesting.com I am not a regular bidder on Dynadot expired domain name auctions. I have bid on just a handful of domain names there over the years. Because I have a ... Auction of former downtown Mishawaka hospital postponed WNDU-TV A scheduled auction of the former St. Joseph Hospital property in downtown Mishawaka has been postponed. Former Coshocton Yard up for auction Coshocton Tribune The restaurant is 3100 square feet and the banquet center is 2400. The combined property is appraised at $240000. The auction is Aug. 24. Good News- Charity Pig Auction Raises 15K NewsRadio 1020 KDKA Wendy and Marty speak with Erin Sanders, whose child managed to raise 15 thousand dollars for charity by auctioning off a pig. AddThis Sharing Buttons. First Presbyterian auction to support Family Resource Center’s Asset Club Journal Advocate To continue their support of the Asset Club at the Family Resource Center, the First Presbyterian Church is holding an auction of pre-owned furniture on Friday, ... Ferraris, Lancias, Porsches from '80s to Star at Pebble Auctions Bloomberg Monterey, Calif., is about to greet tout le monde of car society. Billionaire collectors from Saudi Arabia will swan with Rodeo Drive real estate tycoons as they ... Hotel Thompson put up for auction Daily Globe WORTHINGTON — The historic Hotel Thompson in downtown Worthington has been opened for auction by Grafe Auction of Spring Valley. The auction follows a ... Chinese Avant Garde Painters: A New Category In Gianguan Auctions Fall Sale PR Web New York, NY (PRWEB) August 21, 2019 -- Gianguan Auctions is pleased to announce a new specialty within its paintings category. In addition to works by. £2.3 Million in Seized Luxury Goods Offered at Wales Auction Barron's Designer shoes, Rolex watches, and a Ferrari are among an estimated £2.3 million (US$2.8 million) worth of luxury goods seized from criminals that will be ... Dewey Beach Sets Auction Date for Military Surplus Equipment WBOC TV 16 The town has been involved with the military surplus program for over a decade. A date has been set to auction off unused and unwanted equipment. Madison County schedules property auction Rome Sentinel WAMPSVILLE — Madison County will hold a tax foreclosure auction of approximately 45 properties at 10 a.m. Sept. 21, at the Kallet Civic Center at 159 Main St., ... Chihuahuas to auction-off signed hats at "EP Strong" game cbs4local.com The El Paso Chihuahuas are having an El Paso Strong Night, a celebration of the El Paso community and a commemoration of those victims of the August 3rd ... 2019 Fantasy Football Draft Prep: How to crush your auctions CBS Sports Patience and awareness are just two skills you'll need if you're going to come out of your Fantasy Football auction looking like a champ. Kenya Airports Authority auctions abandoned aeroplanes BBC News The Kenya Airports Authority has overseen auctioned planes abandoned at Nairobi's Wilson Airport. Massive machinery collection from Ridgefield's Iron Ranch up for auction The Columbian For more than two decades, Alan Schurman's famous Iron Ranch wowed people of all ages with its extensive collection of historic machinery and relics of a ... County to auction more than 120 properties oswegocountynewsnow.com OSWEGO — The annual Oswego County Tax Auction is set to take place Oct. 5, in Mexico, offering bidders a selection of approximately 120 foreclosed ... Ranch west of Fort Worth is set for auction Dallas News A ranch west of Fort Worth is hitting the auction block.The 1463-acre River Bluff Ranch is in Parker County southwest of Weatherford.The property... 1994 McLaren F1 LM-Specification fetches $19.8M at Monterey Autoblog A super-rare 1994 McLaren F1 LM-Specification hammered for $19.8 million at the RM Sotheby's auction over the weekend in Monterey. Meanwhile, a 1965 ... Bidding on Paul Bunyan: State auction of a 17-foot-tall lumberjack sets off bidding war St. Cloud Times For years, he was one of the biggest, plaidest things at the Minnesota State Fair. Now Paul Bunyan, all 17 feet of him, can be yours. Or mine. Depending on ... Complete Guide to Monterey Car Week 2019 Auctions MSN Autos All the information you need to know about the major auctions taking place as part of the incredible 2019 Monterey Car Week The post Complete Guide to ... Bidding on Bunyan: State auction of a 17-foot-tall lumberjack sets off bidding war Star Tribune For years, he was one of the biggest, plaidest things at the Minnesota State Fair. Now Paul Bunyan, all 17 feet of him, can be yours. Or mine. First annual Golfing for Little Heroes Tournament & Auction to take place Friday - Santa Maria Times First annual Golfing for Little Heroes Tournament & Auction to take place Friday Santa Maria Times Inspired by their daughter, Faith, Santa Maria Valley residents Laura and Ronnie DeBrum have been driving forces behind organizing the first annual Golfing for ... Obama's high school basketball jersey is up for auction CNN A high school basketball jersey once worn by former President Barack Obama is up for auction. Samuel L. Jackson's lightsaber and Jack Nicholson's 'The Shining' axe on offer at movie prop auction CNN Jack Nicholson's axe from "The Shining," Russell Crowe's armor from "Gladiator" and a lightsaber used by Samuel L. Jackson in "Star Wars" are among 900 ... Love cars? Mecum Auction is returning to Harrisburg with more than 1000 collectible vehicles for sale PennLive Hundreds of collector cars are hitting the auction block in Harrisburg starting on July 31. Mecum Auctions Harrisburg is back for another year offering car ... America’s most expensive listing sells at foreclosure auction Inman A large plot of land that was once considered the most expensive listing in America just sold at foreclosure auction for a mere $100000. Florida's 2019 Unclaimed Property Auction Set for Saturday | Florida News On Air With Ryan Seacrest Are you in the market for a diamond ring, an antique watch, or old baseball cards? If so, Florida's 2019 Unclaimed Property Auction may be for you. More than ... Dinner and auction fund-raiser for Gracie Smith set for Saturday Asheboro Courier Tribune RAMSEUR — A BBQ chicken dinner and auction fund-raiser for Gracie Smith is scheduled for Saturday, Aug. 24, at Harvest House, 6282 Old Siler City Road, ... Hide Your Wallets, Iconic Motorbikes Is Doing Auctions Now RideApart California-based shop Iconic Motorbikes is already well-known for quality work and sales. Now they're doing online, trusted bike auctions. More than 120 foreclosed properties in Ingham and Eaton counties headed for auction Lansing State Journal Both auctions include a mix of homes, vacant land and commercial property in Lansing, outlying communities. And there are some that stand out. Unclaimed Florida Property Will Be Up For Sale At Orlando Auction WUSF News More than 58000 items will be available on Saturday during Florida's 2019 unclaimed property auction in Orlando. Buffalo Bill Cody rifle earns $18125 at J.M. Davis auction Claremore Daily Progress An 1864 J.M. Stevens & Co. presentation rifle engraved “from Buffalo Bill to Night-Hawk & Broncho Bill” scored a bull's-eye for $18125, and a pre-1845 S. Germany sells a zero-percent 30-year bond for the first time CNBC Germany has sold a 30-year bond with a 0% interest rate for the first time on Wednesday. 2019 Fantasy Football Draft Prep: King's Classic 14-team, 0.5 PPR expert auction results CBS Sports Editor's note: Dave Richard represented CBS Sports in the second-annual King's Classic, an industry two-league event featuring 14 Fantasy analysts from ESPN ... Elvis Presley's Harley-Davidson Electra Glide could break world motorcycle auction record New Atlas Elvis Presley's last motorcycle, a 1976 Harley Davidson 1200 Electra Glide, is going to auction later this month and could smash the world record price for a ... Rock Fire Department holding annual auction Sept. 7 Tulsa World The Rock Fire Department is holding its 28th Annual Auction September 7th. 1987 Cult Video Game Expected to Sell for $10000 in Auction TIME (RENO, Nev.) — An unopened copy of a 1987 cult-classic video game that a Nevada man found in the attic of his childhood home is expected to sell for up to ... Tulsa cattle auction results | Markets High Plains Journal Tulsa Livestock Auction, Tulsa, Oklahoma, reported receipts of 1369 head of cattle selling on Aug. 19, compared to 1531 head the previous week, according to ... SMX replay: Visualizing Auction Insights data for competitive intelligence Search Engine Land Understanding the metrics in Google's Auction Insights and visualizing the data can give a clearer view of your account's performance. James Hebdon ... Elvis Presley's Last Motorcycle Is Up For Auction: May Set World Record Forbes The King continues to reign, this time in the form of his 1976 Harley-Davidson which promises to (possibly) set a world's record at auction of between $1750000 ... |
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