Typically everyone starts selling on eBay with various items around the house whether they be appliances, jewelry, clothing, records, or of course beanie babies. Once you have got the hang of selling on eBay and enjoy the money you are making you will want to start finding more outlets to make a financial gain on your new found eBay addiction.
If you have a hobby or something you collect and already know about a particular type of item, perfect, you already know what to look for. I would first suggest searching eBay and the eBay sold listings (left hand navigation on the webpage, click on the box that reads sold listings and then search) to see how much of a market there is for those items. Pay attention and think about is it worth selling those items and which versions or variations sell better than others.
Once you have some research completed on your market its time to go on the hunt looking for those items. Great places to go to are local thrift stores, Goodwill, flea markets, auctions, yard sales, and estate sales. From my personal experience and the growth of recent television shows highlighting this type of business it seems to me that the best finds are at thrift stores, estate sales, and yard sales.
People at flea markets and auctions pretty much know what the going rate is for particular items online and have their prices just below the online eBay sales prices. You want to find people who do not know what their items are worth and are just trying to clear out the garage.
A particularly helpful smart phone app called Garage Sales (It's Free) will pull information from various sites on the internet and tell you about your yard sales and upcoming yard sales in your area. It is a very helpful tool to plan your routes efficiently.
If you do not have a hobby or niche market of items you know about, no worry, you can sell just about anything on eBay. As mentioned above all you need to do is research. If you have a smart phone you are in a great position already. Download the eBay App and be on your way to your deal finding. If you are at a thrift store and an item strikes your eye, open up the eBay app and do a search for it.
Also, refine your search under settings and show sold listings to help get a better idea of the going rate for those items. If the price is right and there is a market for it, go ahead and buy it. If there is not much of a market do not let that deter your thoughts of buying the item to sell for profit.
It just takes a bit more research and risk, go with the gut feeling. If you are the only one with an item or there are one or two other sellers, better listings with more options allow you to dictate the price you want for the item. International shipping also really helps as well when thinking about listing an item on eBay.
Finding the items to sell on eBay should be fun, sometimes time consuming but once you find an item cheap and sell it for 5 times the amount you have paid, you will be hooked on finding your next gem.
Listing the items properly after you buy them is also highly important to make a profit on eBay. I will list tips and tricks to proper listings in another article making sure you get the best price possible for your auction or buy it now listing.