Analyzing eBay completed listing of domain sales for last two weeks in -00 price range. The main difficulty is to determine if the actual sales are real, especially at the high end of the range. In fact, the very first reported sale 9 for “Google Nexus One Premier Domain Pack” (the title itself scares me away, suggesting the bad names with trademark violation) is not valid, as this “super domain pack” gets relisted with 0 price tag. However, the next “official” sale, make you realize that “Google Pack” is not that bad… How about biloud123456789.com selling for 9? You do not need to be an eBay or domainer expert to say: “ain’t real “, without wasting the time by checking out whois history data. There are many amusing sales in ebay “domain names” category. Sometimes I think that if you’re starting as a domainer, you just need to check out eBay’s completed at the high range 0+, to learn what domain names should not be bought.
Back to Earth: let’s categorize what domains names are selling, or pretending to be sold on eBay
Celebrity names: see my previous blog entry on ebay’s domain name sales
Trademark names: a lot of iPad.com sales for last two weeks on Apple news
3-4 letter names: many of not all sales records in this category can be trusted
One dictionary word names: for example RABID.net this week for 0, very rare on Ebay
Two-three dictionary word names: BillPaymentCenter.com 4
IDN Names: names containing localized non-English characters ( see http://en.wikipedia.org/wiki/Internationalized_domain_name for better explanation ), very rare
Really bad names, no one is going to look at, not only type in the address bar of a web browser. You can take biloud123456789.com as an example. Unfortunately, the volume of the names in this category is much higher than all other categories combined
Do you think spending -0 on a domain name containing iPad\iPod is a good investment? Use your own judgment, but I personally would stick to generic names.
In general terms, eBay market place for domains today is a bit twisted reflection of large specific domain name markets. Yes, I believe, you can make a sale on eBay faster; more patience and additional investments (buying feature listings, appraisals, etc ) are needed when working on a sale with Sedo, AftreNic and GoDaddy auctions. The common side effect of a quick sale is that the price which you get for your domain might be much lower than you expected. If you’re ready to accept this, work with good names, do your research: keyword tools, domain history, past sales for similar names, existing in-links, Google ranking, etc. and you will do just fine with the domain sales on any market place.
Expired domains since my last posting, hope these are still available: Establishedwebsite.com macaroni.com analystlabs.com artworkdomain.com temporaryarea.com dealsexpert.com sketchmaps.com sportsecret.com This is the one which makes me smile at first, though the name may not be as bad as it seems at the first sight: toiletdesigner.com
Analyzing eBay completed listing of domain sales for last two weeks in -00 price range. The main difficulty is to determine if the actual sales are real, especially at the high end of the range. In fact, the very first reported sale 9 for “Google Nexus One Premier Domain Pack” (the title itself scares me away, suggesting the bad names with trademark violation) is not valid, as this “super domain pack” gets relisted with 0 price tag. However, the next “official” sale, make you realize that “Google Pack” is not that bad… How about biloud123456789.com selling for 9? You do not need to be an eBay or domainer expert to say: “ain’t real “, without wasting the time by checking out whois history data. There are many amusing sales in ebay “domain names” category. Sometimes I think that if you’re starting as a domainer, you just need to check out eBay’s completed at the high range 0+, to learn what domain names should not be bought.
Back to Earth: let’s categorize what domains names are selling, or pretending to be sold on eBay
Celebrity names: see my previous blog entry on ebay’s domain name sales
Trademark names: a lot of iPad.com sales for last two weeks on Apple news
3-4 letter names: many of not all sales records in this category can be trusted
One dictionary word names: for example RABID.net this week for 0, very rare on Ebay
Two-three dictionary word names: BillPaymentCenter.com 4
IDN Names: names containing localized non-English characters ( see http://en.wikipedia.org/wiki/Internationalized_domain_name for better explanation ), very rare
Really bad names, no one is going to look at, not only type in the address bar of a web browser. You can take biloud123456789.com as an example. Unfortunately, the volume of the names in this category is much higher than all other categories combined
Do you think spending -0 on a domain name containing iPad\iPod is a good investment? Use your own judgment, but I personally would stick to generic names.
In general terms, eBay market place for domains today is a bit twisted reflection of large specific domain name markets. Yes, I believe, you can make a sale on eBay faster; more patience and additional investments (buying feature listings, appraisals, etc ) are needed when working on a sale with Sedo, AftreNic and GoDaddy auctions. The common side effect of a quick sale is that the price which you get for your domain might be much lower than you expected. If you’re ready to accept this, work with good names, do your research: keyword tools, domain history, past sales for similar names, existing in-links, Google ranking, etc. and you will do just fine with the domain sales on any market place.
Expired domains since my last posting, hope these are still available: Establishedwebsite.com macaroni.com analystlabs.com artworkdomain.com temporaryarea.com dealsexpert.com sketchmaps.com sportsecret.com This is the one which makes me smile at first, though the name may not be as bad as it seems at the first sight: toiletdesigner.com
I have made tens of thousands of dollars selling on eBay.
In this 2 part DVD set (1 hour and 38 minutes long) I will explain how I do it. You will learn:
1. Where Does Money Come From?
2. The Only Reason Any Business Is Successful Is Because…
3. 3 Reasons People Make Money In Our World
4. 2 Types Of Imagination
5. How To Use Ebay
6. To Make Money
7. Why Use Ebay?
8. 5 Minutes To Start
9. Personal Page
10. Id Verify
11. Begin By Buying
12. Best Price I Found Online
13. Check Feedbac
“What should I sell on eBay?” is the single most posed question I receive from my newsletter readers and book buyers. Let me say right up front: “There is no way I can answer that question.” No one can answer that except you.
Unless you have very deep pockets I can tell you what you probably cannot sell on eBay: Plasma TVs, iPods, the latest model laptops, digital camera and DVD players, Xbox, Gucci shoes, the latest perfume and other hot consumer products. The wholesale distribution of these products are tightly controlled by the manufacturer.
For example, if you want to buy iPods wholesale to sell on eBay, the distributor requires that you have a 0,000 line of credit. Channel will only sell their perfumes to a select few stores. You can buy overstock or surplus famous designer items (Gucci, Prada, Hermes, etc.) through a few outlets, but the latest merchandise is only sold through their stores and a few select upscale retailers.
Lately several supposedly wholesale suppliers and drop ship companies claim to have Xboxes and iPods at prices where you can make money. Be careful. Several of my readers have sent thousands of dollars to companies for a shipment of Xboxes that never showed up. Others listed them from drop ship companies that never delivered and never answered emails once the item was sold and paid for. Companies selling iPods via the drop ship channel have such a high price once you add in the shipping and drop ship fees that you can’t make any money. Other companies claim to have iPods, but once you pay their 9 membership fee, all of a sudden they are “out of stock.” The only place I have found iPods selling for less than on eBay is at my local Costco. And they were only about less which is just not enough to make a profit.
So back to the original question: What should I sell on eBay? As I said, only you can answer that question, but here are some tips to help you figure out what to sell:
* You have probably heard this a dozen times, but sell what you know and love. I have collected Starbucks mugs, bears and cards for quite a while. Last year I started selling and have built up a very nice small –yet profitable niche. Because I know so much about them, I recognize a good value when I see it and can often double or triple my money when I buy a collectible piece.
I love my new laptop, but I am just not a computer expert. If I were a complete computer guy, I could not afford to become a distributor for a computer company, but there are sources of surplus and remanufactured computers. If I really knew computers and the market, I would know which ones were a good value for the price and how I could market and sell them. Not having this knowledge however, would make it very risky for me to buy a pallet load of surplus computers from someone such as Liquidation.com.
* Try and find a niche. A niche can be a product, a product category or even how you market a product. The main advantage of selling in a niche is that you really get to know the product, the market, the pricing and the sources and because it is a niche, there is far less competition.
* Pick products where you can be assured of making money. Making a small margin on something that sells for over 0 is fine, but if you are only making 10% after expenses on a item, you have to sell a lot of products to make 0 a week. If I am selling anything for under 0 I look for a 25% net margin after cost, shipping, and eBay and PayPal fees.
* Research, research, research ! Don’t buy anything to resell on eBay until you have thoroughly researched the product, the market and the competition. Make sure the item will sell at a profit. There are lots of research services. I have tried them all, but by far, my favorite is HammerTap from Bright Builders. This was always a good tool, but the new release really blows the competition away. You can get a one-month trial run for just .00
* If you are really stuck, start by selling things from around your home, then move on to selling items you buy at garage sales and thrift shops. As you do this you will see patterns emerging –things that sell well and are easy to buy. If you are patient and try a lot of things this will lead you to a niche.
One person who did this found that old fishing gear sold very well and was easy to find cheaply at garage sales. He now has a large eBay business selling vintage and collectible fishing gear such as reels, fly rods, lures and so on.
Another woman I know found that jig saw puzzles sold very well. Some went for just a few dollars while others would bring high prices –as much as each. With experience she has now learned which ones to buy that will return huge profits. A few hours spent at garage sales spending less than can often return over 0 in sales.
* Non-Fiction books sell very well on eBay. Look for books in good condition on subjects such as art, photography, transportation ( cars, trains, planes, etc.), how-to books, courses (I once found a cassett tape course with a workbook on Winning at Black Jack at a garage sale for .00. I sold it on eBay for over ), local and regional history, antique and collectible price guides (less than 5-years old) and books on animals. Stay away from cookbooks unless it is a very famous one. Children’s books sell very well if they are in excellent condition and children’s pop-up books can bring a fortune if they are not broken or torn. The best sources for books are garage sales, flea markets and your local thrift shop.
* Information products and taking advantage of eBay’s new policy on selling digitally downloaded products may be the most profitable niche on eBay. Last month I did a great teleseminar with Tim Knox who is an expert on creating and selling information products. His book on creating information products is one of the best on the market. Tim recently wrote a short article that I have posted on my free articles page called How To Create Your Own Info Product. You can either read the article or click here to read about Tim’s new book.
I am working on a new product that I hope to launch in time for eBay Live. It is called How To Create and Sell Information Products on eBay. Watch my newsletter for the launch date.
Whatever you decide to sell, test with a small quantity or research it first to make sure there is a market before comitting a large sum of money and make sure you have a stable source of supply.
Skip McGrath is an eBay Gold PowerSeller who has made his living on eBay and the internet since 1999. He is the author of several books about selling on eBay, Amazon and the Internet and publishes The eBay & Online Sellers News, the oldest and largest FREE newsletter for eBay and online sellers. Visit his website at http://www.skipmcgrath.com
EBAY SELLERS : eBay Video Course Gets even Better! pluginprofitsite.nztip.com : So you’ve decided that you want to get started as a seller on eBay. pluginprofitsite.nztip.com : There are a few things that you really need to know before you go and throw yourself in at the deep end. What to Sell ? : Ask a pluginprofitsite.nztip.com First off, you need to know what it is you’re going to sell: what’s your speciality? You’ll do far better on eBay if you become a great source for certain kind of products, as people who are interested in those products will come back to you again and again. You won’t get any loyalty or real reputation if you just sell rubbish at random. When you think about what to sell, there are a few things to consider. pluginprofitsite.nztip.com : The most important of these is to always sell what you know. If you try to sell something that you just don’t know anything about then you’ll never write a good description and sell it for a good price. : You might think you’re not especially interested in anything, but if you think about what kind of things you usually buy and which websites you go to most often, I’m sure you’ll discover some kind of interest. If all else fails mention it to your friends and family: they’ll almost certainly say “Oh, well why don’t you sell”, and you’ll slap your forehead. Out of the things you know enough about, you should then consider which things you could actually get for a good enough price to resell, and how suitable they … Video Rating: 3 / 5
