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FIB - Scams 101 - Ye Olde Archives
Posted By: Dave Mauder (eDave) <maudman@NOSPAMyahoo.com> In Response To: eBay Business Plan (Day #1?) (Kevin Larsen)
Monday, 13 March 2006, at 8:54 a.m.
> Biggest problem:
> Product sourcing to learn on until sophisticated enough for larger scale
> operations. (basically I have to learn the dreaded garage sales to find
> things to sell)
> If you know some helpful info on how to find "bargains" at
> garage sales, I'm all ears.
> Also would be interested in experience on buying wholesale. That's a few
> steps later, but still would like to know.
Hi Kevin:
I agree with pretty much everything Carla said... Personally, I've sold a lot of stuff on eBay and don't really see how I could turn it into a full-time venture without literally busting my butt 7 days a week, and maybe 12-14 hours per day. I'm also not even sure what I would/could sell that would earn me a full time living, assuming I had the time to invest.
Back in the day (2-3 years ago) my wife and I would go to garage/yard sales and attend live auctions all the time to find things to sell online. It was a lot of hard work and you REALLY have to know what you're looking at. Sometimes you might get something you're just sure will sell on eBay, and it turns out you can't give it away. I recommend specializing in some niche area and becoming an expert at it.
Lately, I've only been selling a couple things here and there, but I need to get back to it because we recently moved (again) and accumulated a large "eBay/garage sale pile" in the process.
The only true success story I know of personally, is my friend Ryan who was able to go full time selling power tools on eBay. I blogged about it early last year, so I'll just post a link to the blog article below instead of repeating it all here.
Now don't get me wrong... I LOVE eBay and it is one of the few things I recommend to people for making extra money. But, I just think that in order to go full time, you need to COMBINE eBay sales with affiliate marketing, and eventually develop your own product(s). On my site, if you click the "Money Makers" link, and then click into the eBay section, you'll find all of the best learning tools I've found over the years.
BTW, please excuse the "ugliness" of my blog right now. I've been working to integrate my site template with blogger.com, and I'm not done with all the CSS yet. :-)
All the best!
Dave
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