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Why Its a BAD Idea To Promote Hot Selling Products on eBay
Do a quick search on Google, Yahoo, or your favorite auction resource site, and you'll quickly discover there are several software programs targeted to vendors who want to promote hot selling products on eBay. The infatuation with hot selling products exists because sellers believe if you target items that have a robust sales pattern, you'll have a better chance at profiting on eBay. This is both true and false. Yes... hot selling products can improve your bottom line. But unfortunately by the time the average eBay seller (a) realizes what the hot selling products are, (b) purchases stock to sell on eBay, and (c) actually puts the items up for sale, the demand is already being met by other eBay sellers who probably started the hot selling product trend some time ago. Not only that, with thousands of people also having access to the same hot selling product lists, you'll have to contend with other eBay vendors who have the exact same ideas that you do. So you'll be up against the original sellers who are currently feeding the demand, AND doing the tango with newer sellers who have jumped on the same hot selling product bandwagon that you did. Okay maybe this won't happen to you. But suppose it does. What if competition becomes so great that prices start dipping below the wholesale cost that you paid for the item? (It happens all the time on eBay.) And what if you lose $100, $200, or even $1,000 on inventory that you thought would be flying off the shelf? Suddenly that hot selling item is looking rather cold sitting in your garage collecting dust. So if not hot selling products on eBay, then what? Do what the majority of PowerSellers do. Sell what you want, instead of what's hot. Repeat after me, "Every day ordinary items sell extremely well on eBay... Every day ordinary items sell extremely well on eBay... Every day ordinary items sell extremely well on eBay." Allow this to become your mantra, because it is very much true. I know this from first-hand experience as I analyze top sellers instead of hot products. And my research has continuously shown me that mediocre products don't necessarily translate into mediocre sales. For instance, there's a seller right now who clears about $1,000-$2,000 a week selling magnets. And that's AFTER eBay and PayPal fee's. Another seller promotes homemade CD's to a specific audience and clears $900-$2,000 a week. A few sellers make $500-$700+ a week - after expenses - promoting public domain information. And the cool thing about public domain information is that anybody can sell it because it's free. So that's pure profit by selling something they never paid for. Talk about the ultimate arbitrage opportunity! The ultimate key in succeeding no matter what product you end up selling, is to build a successful strategy. To figure out 'how' to profitably market what you have, instead of chasing after the next great thing. Because once you have the strategy part down, you can sell anything on eBay and make it a hot seller to your bank account. Alexis Dawes is a student of eBay sales strategies, instead of hot selling products. She's the developer behind Auction Seller Analyzer, a Windows-based application that inspects eBay sellers auctions to determine the winning strategies they're using. You can get more information about Auction Seller Analyzer at (http://www.AuctionSellerAnalyzer.com).
MORE RESOURCES: Marquee Fall Auctions in Hong Kong Disappoint Artnet News R Ashwin breaks silence on going unsold in ILT20 Auction, says USD 120,000 price ‘bare minimum’: 'Happy not to play...' | Cricket Hindustan Times Taliano’s building has sold, other assets set for Oct. 9 auction Talk Business & Politics Sweetwater County Sheriff’s Office holding public auction of abandoned, court-forfeited vehicles Oil City News ‘Air bidding’ and other tricks of the auction trade revealed Financial Times NJEDA Expands Funding for Tax Credit Auctions Due to High Demand New Jersey Business Magazine Italy's 'exceptionally competitive' first MACSE energy storage auction concludes, procuring 10GWh Energy-Storage.News Seattle Southside Chamber seeking donations for its 2025 Grand Garden Gala auctions; items due Oct. 20 The Waterland Blog Mines Auction Online Bidding Now Open! Colorado School of Mines Athletics Fall auctions: jewelry, rare books and design on the calendar Oct. 3-20 Finestre sull'Arte Wonder Woman, Batman, Star Trek costumes lead huge TV auction Just Collecting Doug's Relocation Auction The Lawton Constitution Babe Ruth's first-ever Baltimore Orioles rookie card hits the auction block WMAR 2 News Baltimore GunBroker Auction of Winchester SX4 Shotgun Supports Project ChildSafe® NSSF | The Firearm Industry Trade Association Online auction is now open! Over 600 items to bid on!! Preview GALLERY the wellsville sun Race-Inspired 1970 Plymouth Barracuda among killer MoPars to rumble across Barrett-Jackson’s Scottsdale Fall Auction Block this October Old Cars Weekly Camp Norwesca Fall Online Auction – KCSR / KBPY chadronradio.com Long weekends impact auction volumes in capital cities Mortgage Professional America Beatles memorabilia up for auction in Springfield. See photos of some of the items The State Journal-Register Get a flavor of the Peoli Farms Produce auction Times Reporter More than 100 pieces of Beatles memorabilia to up for sale in Springfield The State Journal-Register Lennon’s lost weekend specs head for auction Just Collecting Beethoven, Magritte, and Einstein Letters to Auction Fine Books Magazine TERRY LEADBETTER DAY 1 The Courier Express Photos: High County Cattle Auction The Durango Herald U.S. Bank Center in downtown St. Paul heads to auction with $1 million starting bid The Business Journals Stack’s Bowers to Lead Auctions at New PCGS Events Numismatic News Tuscarawas County Fair auctions hit record $1.83M Your Ohio News Legacy Wyoming Ranch Surrounded by Public Lands to Sell at Auction for Luxury Travel Lifestyle Travel And Tour World JCS benefit auction highlights weekend schedule lewistownsentinel.com 2025 Lease Auction The Lawton Constitution Hong Kong’s latest art auctions see turnover lingering at 8-year low South China Morning Post Guillermo del Toro auctions off part of his Bleak House horror collection ABC News - Breaking News, Latest News and Videos Auction at the heart of Taft Corners Williston Observer Volleyball's 2025 Pink Out Auction Starts Thursday Creighton University Athletics Italy’s first MACSE battery auction smashes expectations with 10 GWh awarded at record low prices ess-news.com A Wild 1955 Chevrolet 210 Sedan Gasser Heads To Auction Street Muscle Original ‘Lil Penny’ puppet from Nike ad up for auction Action News 5 Online Auction – bid until October 9 Ankeny Community School District Vintage Warbirds and Firefighting Aircraft Up for Auction in Greybull Vintage Aviation News NCC soccer to host inaugural Trivia & Auction Night The N'West Iowa REVIEW 2025 Foundation Fall Auction Metropolitan Golf Association Stolen paintings found at auction will be returned ShareAmerica (.gov) Logan Paul files injunction against Heritage Auctions over Michael Jordan autographed court section Sports Illustrated Auto Auction City of Buffalo (.gov) County to auction lots at Hidden Valley Lakes Main Street Media of Tennessee 'Raising the Steaks' | FFA students in southeast Texas prepare for major livestock auction 12newsnow.com Demon Deacons Raise Over $2,000 in Mental Health Awareness Jersey Auction Wake Forest University Athletics Office Of The Treasurer Returns Purple Heart, Auctions Unclaimed Property Taylorville Daily News Cincoro Tequila Auctions Ultra-Rare 1.75L Extra Añejo Bottle Designed by Travis Scott at Annabel’s London Haute Living Tony Gwynn Gold Glove bags record sale in special memorabilia auction Sports Collectors Digest Original ‘Lil Penny’ puppet from Nike ad up for auction Action News 5 Why one big Willie Mays auction winner is pushing to display memorabilia at Oracle Park The San Francisco Standard Andrea Dovizioso Ducati GP19 Auction by Iconic Auctioneers Ultimate Motorcycling MACSE auction: record prices in italy spark debate on profitability and merchant alternatives Strategic Energy Europe Player Pulled Baseball Card Hits Arrive on Auction Block Sports Collectors Daily PUBLIC AUCTION-LITLE MAHANOY TOWNSHIP The Citizen Standard Would You Pay $7 Million For a Hippo-Shaped Bar? Inside Sotheby's Anne Schlumberger Auction ELLE Decor |
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