Archive for June, 2008
What is the best way to make MONEY online?
June 10th, 2008 | 
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After surfing the web for making money sites, I’m very confused. What is the best way to make money online today? I have a lot of time that I can focus on making money but where do I go?
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What sort of products sell best on eBay
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What sort of products sell best on eBay
Trying to make a living on eBay is not a bad idea, after all many thousand of people are doing just that. The question comes when you are deciding what to sell. If you are coming at eBay from a background in offline business, then the choice is usually a simple one, especially at the start. As you already have your stock in your offline business, you can afford to try out some listings on eBay to see what happens. If you are not already in business, then it will be a much harder job to decide, and a much riskier start up.
So many people who come in to selling on eBay think they need to have the latest high tech gadgets in order to make serious profits. There is no doubt that these products do sell incredibly well, and if you can source a supply of them, you can make some serious money. Of course, being high profile, the competition is huge, and you will have higher overhead as a result of needing to pay for featured listings. In many cases, it is the exact opposite of the latest gadgets which can be the best money makers. Antiques and collectible items are often unique, and always in demand with collectors.
Because the items are not being mass produced, the market is far less efficient, and more prone to divergences. You can pick up very cheap items in places where they are unwanted and nearly seen as junk, and then re sell those items to people who value them a lot more highly. This kind of divergence arbitrage has proven profitable for many new eBay sellers. Another possibility is to source unique and non branded stock from little known manufacturers in foreign countries, and then contract with the manufacturer to sell the item in your country. These kind of deals can often be more profitable than just competing with the whole world on brand name goods.
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