This guide if for people who are new to ebay and are looking for some items to resell.
This method was revieled to me some time ago and I think it is a good way to find new stock and a good way to get some deals.
O.K. O.K get to it right.
The idea is very simple but powerful. Normal bidders find something that they want and put in a bid to see if they can get it for a price that is cheaper than other places. This is fine and dandy if the item is for you and you have already taken into consideration the shipping on the item. If you are interested in reselling however you must take a different approach.
Lets say that you are wanting to sell fishing lures on ebay. But, small problem you have no fishing lures to sell. First you need to set a price range that the lures would sell for. Next find as many as you can that are less, yes, LESS than 10% of your selling price. Because remember you still have to cover shipping and make a profit when you resell. Now all you do is bid on as many as you can that fit your bidding rules.
Of course you will not win most if any, the first rip, but you will find that you will pick up a few here and there after bidding a bunch. And, most important you have bought at a below wholesale price.
Why buy and then resell on ebay. There a couple of good reasons to do this. First you will be getting double the feedback and this is so important as you grow your ebay business. Secondly you will get people to view your items, often when I sell something to a person on ebay that has decent feedback I almost always check out there items and yes sometimes even buy from them!
Hopefully this was helpful to somebody,
Nick Simpson


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