Consider the following facts:
There are millions of collectors worldwide.
The price collectors pay is, to a certain degree, the price you put on it.
The Internet is a centralized marketplace for every conceivable kind of merchandise anywhere and it’s presence is speeding up the rate at which everything is bought and sold.
The more items you list on eBay’s "selling gateway"- as I like to call it- the more you will sell.
Make it your personal goal, right now, to:
Sell 10 to 20 items a day (with about a $15 to $30 gross mark-up, net, on each (10 X 30 X 334 days/year= $100,200)
You see that making a $100,000 a year in this business is really very easy? With a little help you could do better than $100,000. It is all up to you.
Remember there is no selling- demand is so strong you do nothing more than 'supply' what the market says it wants. All you have to do is listen to what the market says!
The mark-up you are willing to settle for, is really up to you. “Condition” for collectible items is the key word in every transaction. The better the condition- the higher the price you can get for it. Collectors and other dealers will pay a premium for better items.
If you make a very good buy- pass those savings on to the next person- as long as your "profit goals" are being met, why not? The collector or dealer you gave the bargain to will remember you the next time they want to buy.
With new merchandise that you buy wholesale or liquidated merchandise the key word is “Demand”. Make sure you test the market carefully before buying that truckload of ash trays- buy a couple to start and ‘TEST THE MARKET”.
What kind of indicators should you look for when testing the market?
Number of bids (shows buying interest)
Number of page hits (shows general interest)
Amount sold for above cost (shows strength or lack of market demand)
What to Sell on eBay!
Where the Sources Are!