Friday, April 30, 2010


If you are shopping garage sales and yard sales for inventory to resell on eBay, there is a strategy to maximize your energy and minimize your time. Work smart, not hard! Here are some tips to organize your garage sale-ing efforts.

1. Draw up your battle plan far in advance. Visit Craigslist.org under the garage sale section. People start posting about weekend sales on Tuesdays. Check frequently for new posts, and keep a list of sales in your area. Focus on large neighborhood or community yard sales. You will spend more time at the sales shopping than driving all over the place from one sale to the next. Map out your route using Yahoo Maps or a GPS system. You are on a mission!

2. Focus on sales in the affluent parts of town. The ritzy neighborhoods will have better items. Second, many people living in expensive neighborhoods are living beyond their means and may have to sell some items to pay bills. Even if you have to drive a little further to reach the affluent communities, it will be worth your time and gas.

3. Always have plenty of cash. Most people won't take checks. Also, cash is good for negotiating. You can pull out a $20 bill when something costs $30 and say, "Would you take $20?" The seller usually won't let that cash get away.

4. Be prepared. Wear comfortable shoes. Keep a small cooler with drinks and snacks in your car. Have your phone handy (or a laptop with WiFi) in case you need to research the selling price of an item.

5. Don't be afraid to negotiate. All the person can say is "no." They won't shoot you. Be fair and reasonable but realize that the seller doesn't want to drag everything back into the house or take it to Goodwill. Arriving at the end of the sale with cash will help you get some great deals.

For more information on exactly what to buy to resell, check out my eBook about garage sale finds to sell on eBay.

Happy Selling!


Thursday, April 29, 2010

A reader sent in this great story:

I found this American Girl doll at a Goodwill for $1. She is "Just Like You Brown Eyes Blonde American Girl Doll." The photo is exactly how I found her.



Thrift Store Price = $1
eBay Selling Price = $76
Profit Before Fees = $75

Wow! That is amazing. I never would have even known to look for this doll.

Click here to find my huge list of thrift store items that have been sold on eBay for a nice profit. Keep those success stories coming!

Happy Selling!



Find sloppy listings and resell the items for way more than you paid for them! Click here to see my personal examples.

Tuesday, April 27, 2010

One of the most frequent questions I receive as an eBay consultant is, "How much can I sell this for on eBay?" Here is a video that demonstrates the process for determining how to set your starting bid or buy it now price. In this example, I am listing an item that sells for $92 and has a 100% sell through rate.



Summary:

1. Choose your keywords carefully. Choose keywords that correspond with the highest average price. Don't be so concerned with the NUMBER of listings with a keyword, focus on the keywords that bring the highest average price. (Of course, you can only use the words that apply to your item.)

2. Remember that the average price is an average. There may be listings in the data that bombed because the seller started his price too low, made mistakes in his listings, had a bad photo, or made other mistakes that caused him to receive a lower price. Strive to do better than the average!

3. Pay attention to listing type. This will tell you which listing format to use in order to get the highest price.

Happy Selling!




Know when to sell on eBay

Sunday, April 25, 2010


One of my clients was kind enough to mention the discount shipping insurance offered by InkFrog. You may already know that when you ship a package First Class international through USPS, Paypal, or Stamps.com, there is no option for insurance. You can only insure Priority International mail.

On Inkfrog, the shipping insurance is directly integrated into their system is a package insurance program backed by Shipsurance. The cost is $1.25 per $100 of value on your international shipment. Now, you still have to pay the $9.95 monthly fee, but this may be a solution for those of you who are looking for a way to insure First Class International packages.

If you are not an InkFrog user and don't want to pay the monthly $9.95 fee, you can go directly to ShipSurance.com and purchase the insurance there.

Related Articles:

How to Ship a Package Internationally

How to Increase Sales by Offering International Shipping

How to Sell Walmart Products on eBay UK


Happy Selling!


Saturday, April 24, 2010



The new Hot List (Issue #10) is now available. It has been eight months since I have created a hot list so this one has information on 25 discontinued products that are profitable sellers on eBay. None of these products have been mentioned on my blog or in my articles, so everything contained in this report is new information.

Discontinued items can be found at dollar stores, Big Lots, Walmart, Target, drug stores, grocery stores, and flea markets.

2 Food Products

2 Household Cleaning Products

13 Health and Beauty Products

8 Hair Care Products

My Hot List explains exactly where to find these items, the retail price, and an example of what the product sells for on eBay. The hotlist sells for $24.95 and is a digital download. Click here to get it now!

Friday, April 23, 2010

In my research, I have identified three major reasons why sellers fail to make money drop shipping on eBay or any other site. Here is my crash course on drop shipping.

Mistake #1.Failure to optimize keywords for eBay searches.



Mistake #2. Failure to research supplier fulfillment history.



Mistake #3. Failure to research price.



If you are looking for a way to make money with drop shipping and need help, contact me at ebaycoach@yahoo.com for information on my personal coaching program.

Happy Selling!



14 Day Free Trial from Doba

Wednesday, April 21, 2010

I was blown away when the members of my Facebook group were talking about this book. The Principles of Knitting, now out of print, is bringing in the neighborhood of $300 on eBay. A book about knitting, are you kidding me? Here are a few completed listings:






So when you are out at thrift stores, garage sales, and library book sales, keep your eye out for this little gem!

Happy Selling!



Monday, April 19, 2010


One annoying problem that eBay sellers must deal with on a regular basis is non-paying bidders. A while back, eBay came up with an option called "Immediate Payment." According to the eBay help index:

A buyer who clicks the Buy It Now button in your listing is directed to pay immediately for the item using PayPal.

Until the buyer completes payment, the item remains available to other buyers to purchase for the duration of the listing. The first buyer to complete their PayPal payment officially wins your item.

Once a buyer completes payment, the listing ends and you are directed to ship the item.

Sounds good in theory, and I tried using this option for a while. One problem that I encountered was the difficulty of combining shipping on multiple items purchased. If a customer purchases multiple items, the buyer must check out and pay for each item individually and trust that the seller will refund any overage. This can be especially frustrating for international buyers. Also, if you use this feature, Paypal must be the only payment method you offer. (Remember, there are other payment options on eBay.)

After using the immediate payment option for a few months, I went back to the old way. I was spending way too much time answering emails about combining shipping. It became a hassle for me as a seller.

What has been your experience? Do you use the Paypal immediate payment option?

Happy Selling!


Know when to sell on eBay

Saturday, April 17, 2010

A volcanic eruption from the Eyjafjallajökull volcano in Iceland spewed tons of ash into the skies this past week. Airports in 23 countries in Europe have been closed due to the volcanic ash in the air. Volcanic ash can be hazardous to aircraft and can affect the performance of an engine and cause the engine to malfunction. Millions of travelers are stranded.

So what does this mean for an eBay seller in the USA? If you are shipping internationally to this region of Europe, your packages may be caught in the backlog and your customer's order may be sitting on a plane somewhere on the ground.



Keep this in mind if you get any "where is my order" type emails from customers to whom you shipped this week. Be prepared to explain the possible delay. Your international customers may not have made the connection that mail is on those grounded planes, too.



Diana sent in this success story: "I just wanted to share this with you to pass the word on that what you say about finding things at Goodwill is a treasure hunt with possible big pay-offs! My sister bought this set of vintage hot rollers at the Goodwill store and they sold for $41.00."

Here is the listing:



Goodwill price - $1.99
eBay selling price - $41.00
Profit before fees - $39.01

Outstanding sale! Click here to find my huge list of thrift store items that have been sold on eBay for a nice profit. Check out Thrift Store Goldmines, which contains 61 pages of items just like this. You may already have some of these huge money makers in your house, and not even know they are valuable!

Tuesday, April 13, 2010



Hallmark stores can be a great source of inventory. You will need to check back often as new markdowns are taken. Here are some good things to look for.

Yankee Candles are good sellers on eBay. Yankee Candle is the number one selling candle brand in America, offering over 150 scents and a huge selection of sizes and candle products and accessories. These candles are not cheap. The large jar candles sell for around $25. That is why Yankee Candle lovers turn to eBay to find their favorite candles for lower prices. Hallmark will often mark down candles that are out of season. For example, in the spring when all the floral and beach scents are popular, you might see the Christmas and Halloween candles on clearance. These will sell year round. People collect Yankee Candles and some people never even burn them. If you stumble on a scent that has been discontinued, stock up. As soon as an item has been discontinued, its value will increase. To figure out which Yankee Candles are selling for the most, do a search on eBay completed listings for RETIRED YANKEE CANDLE.

Look for marked down NCAA team related products. Hallmark stores often carry knick knacks like bird houses, license plates, ceramic figurines, beer steins, and jewelry that is related to your local NCAA team. This kind of stuff sells well year round. Check the original price on the item and determine if you are getting a deal. 10% off is not a deal. 75% off is a deal. Do your research and use your best judgment.

Look for collectible themed items. Examples include Barbie, Harley Davidson, Coca-Cola, and Sesame Street items. Look in the clearance section and see what is marked down.

Hallmark also has a rewards program called the Hallmark Gold Crown program. You can earn 10 points for every $1 you spend on Hallmark products and 50 points for each greeting card. Points accumulate toward reward certificates.

Related Articles:

Source for eBay Inventory - Famous Footwear


Source for eBay Inventory - Daily Deal Sites


Source for eBay Inventory - Tuesday Morning
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Sunday, April 11, 2010

Kristi at Spend Less Save More sent in her success story:

I have been following your blog for a few months now & love it. I wanted to share a recent success with eBay. I purchased a Charter Club Cashmere Sweater at my local Good Will. I was surprised at how high it went for because it isn't really a name brand.

Here is Kristi's listing:




Kristi's cost - $3.59
eBay selling price - $51.88
Profit before fees - $48.29

Fantastic sale! There has been some discussion on my Facebook eBay group about selling cashmere year round. In my experience, it sells any time of year. Other sellers are discovering this, too. Worst case scenario - put the cashmere sweater on a fixed price listing for 30 days - the cost is only 20 cents.

Click here to find my huge list of thrift store items that have been sold on eBay for a nice profit. Check out Thrift Store Goldmines, which contains 61 pages of items just like this. You may already have some of these huge money makers in your house, and not even know they are valuable!

Friday, April 9, 2010

When I am working with new clients, and teaching them about thrifting for items to sell on eBay, they often seem overwhelmed by the lists of "what to sell" and how much to pay for an item to resell. To simplify this process, I created my top 5 list that contains 5 items that I can regularly find that also sell for a nice profit.

Cashmere Sweaters

Look for 100% cashmere sweaters and sweater vests. Look for any style, any color, any size. Men’s or women’s. Make sure there are no moth holes or stains. The brand does not matter as long as the item is 100% cashmere. Don’t pay more than $5 per item. When preparing the item to photograph, remove any pilling.

Dansko Clogs

These are popular in the restaurant and medical industries because they are made of an oiled leather that repels liquids and protects the foot. These shoes can cost over $200 new. Look for the clog style. They come in European sizing and are unisex. Don’t pay more than $7 per pair. My eBay Flipped Listing - Dansko Clogs

Eileen Fisher Women’s Apparel

This is a high end brand of women’s clothing sold at Nordstrom, Bloomingdales, and Saks 5th Avenue. The fabrics are usually organic cotton, silk, and other very comfortable and expensive materials. Some of the pieces retail for over $300. The black pants do very well on eBay. Also look for tops, sweaters, jackets, and skirts. And if you are lucky enough to find these with the tags on them, that’s even better. Don’t pay more than $5 per piece. Click here for examples.

Under Armour Apparel

Under Armour is a brand of athletic and casual wear made from performance fabrics. You can find this in men’s women’s, and children’s. The hoodies do great. Look for ANYTHING in good condition with this logo. Click here for more info. Don’t pay more than $5 per piece.

Bobby Jones Men’s Golf Shirts

These cost around $100 new. You only want large, XL, and 2XL. The smaller sizes don’t sell. The ones with golf course and tournament logos do great. Even if it has a company logo, it will still sell. Click here for more info. Make sure you get the ones with the golfer design on the placket. Don’t pay more than $5.

Click here to check out my Kindle book, "Thrift Store Items to Sell on eBay."

I would love to hear your top 5 list! Please post a comment with your top 5 items and how much someone should pay at a thrift store for the item if they are reselling it on eBay.

Wednesday, April 7, 2010


You have seen the Top Rated Seller logo on eBay profiles, but what exactly does it mean? Is this something to strive for?

The Top Rated Seller status is a label granted by eBay that identifies you (according to eBay's criteria) as a seller with proven quality and service. To qualify as a Top Rated Seller, you must:

1) Have at least 100 transactions
2) Have at least $3,000 in sales with US buyers over the past year
3) Have very few instances of low DSRs from US buyers
4) Follow the Best Practices policy

So, Top Rated Seller doesn't necessarily mean that you sell huge volume, it means that you do the job "right" according to eBay's criteria. If you qualify, you are granted these privileges:

1) 20% discount on final value fees
2) Higher placement in search results (Best Match)
3) More visibility for fixed price listings
4) Top rated seller badge on your listings

So, if anything, look at the Top Rated Seller status as a way to help you save money on your fees. Click here to read all of the details of the Top Rated Seller program.

Happy Selling!




Monday, April 5, 2010


Offering free shipping on your eBay items may place your listings higher in Best Match, but this comes at a cost. Of course, any business person knows that you aren't shipping the item for free, you are incorporating the shipping fee into the asking price of your item. But, remember that your final value fees are figured on the sale price of the item, so the higher your sale price, the more fees you will pay. Here is an example of how offering free shipping will cost you money.

Let's say you are selling a large or heavy item that costs around $20 to ship. If you offer free shipping and build that $20 cost into your asking price and offer this item on a fixed price listing, it is costing you $2.40 in fees. (Based on 12% final value fees.)If this is a stock item that you sell many times a month, you can see how that fee will add up over time.

So, the free shipping option is really a catch 22. Do you offer free shipping at a cost to appear higher in Best Match? Or do you not offer free shipping to save on fees and settle for appearing lower in Best Match? What do you think?

Related articles:

eBay Shipping Insurance

eBay Shipping Calculator

Get Free Shipping Supplies in Your Community

Happy Selling!



Drop ship with Doba

Saturday, April 3, 2010


DSR Watch is a service offered free of charge by Channel Advisor. "DSRWatch is the easiest way to discover, track, and benchmark detailed eBay seller ratings." - ChannelAdvisor.com

To use the service, just enter a user name in the box and click go. You can see where the user falls in the different categories and in what percentile.

Once you have done the search, you will get a screen where you can opt in to receive email updates when the user's DSR changes. The idea was to keep an eye on the competition, but I just use it for myself to find out when my DSRs change.

Click here to try DSR Watch. If you sign up for the email notification, you can stay on top of how your customers are rating you and be proactive in improving your DSRs.

Thursday, April 1, 2010

Amy sent in this tip:

"Here's an item to look out for in thrift stores. Bar Review books. They caught my eye because I was a paralegal for many years before becoming a stay at home mom. These are hard to find because they're so expensive and are re-sold to other law students rather than being donated. At the same time, I got 1 bar review book specifically for Tennessee. These are definitely something to look out for. They're very thick, so they easily stand out. Just make sure they're fairly current. These were 2008-2009."

Amy's listing:



Amy's price - $7 for both books
eBay selling price - $56.03
Profit before fees - $49.03

Very nice job, and thanks for the tip! Books can definitely be lucrative if you know what to look for. There are eBay sellers who specialize in books, and really know their stuff. But if you can look for a few specific items and actually find them, you can do well.

Related articles:

How to Find Free Books to Sell on eBay


How to Sell Used Books Online

Sell Books on Amazon - 5 Minute Tutorial

Keep those success stories coming!

Happy Selling,


Sell Used Books Online

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