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Ebay Sellers
By Mason Hipp, Thu Dec 8th
Black Friday is a goldmine for eBay resellers. On one single daythere are more profitable items for sale than during the entirerest of the year. If executed properly, can easilycreate thousands of dollars in profit. This article explains indetail how to find and buy deals on and then how tosell them on eBay for a profit. Preparing for In order to make the best purchaseson Black Friday, it is necessary to start by gathering somesupplies. Initially you will need the following: - Money - Transportation - Advertisements
The first requirement is fairly self-explanatory, but keep inmind that the more money you can spend the more you can make.Don't go out and spend $10,000 on your first trip though, asthat is a lot to loose if you mess up. Prepare yourself to spenda set amount of money before leaving, that way you will knowexactly what you are getting into. The second requirement isactually more important than it sounds. My friend and I went onour first trip over four years ago, and boy were weunder prepared. We went out with two sedans and came back withtwo sedans filled with products plus another sedan's worth tiedto the roof. I highly recommend that you at least attempt tofind a rather large vehicle, though it isn't imperative. Lastly,you will need to find yourself as many advertisements for BlackFriday as possible. The sooner you get these, the easier it willbe to do the research. I personally advocate searching online;there are many websites that post sales ads wellbefore they are printed. Look for deal sites and eBay sellingsites to have these. Now that you have everything together,let's get to the important part. Researching Products for Profitability It is ironic that themost important part of making money on isn'tactually done on Black Friday. This is the part that separatesthose who will profit from shopping and those who will just buythings. It almost all comes down to the research. When the bigday rolls around, it is important to know exactly where you aregoing and exactly what you are buying Also know how much moneyyou expect to make from each product. Keep the importance ofthis step in mind as we continue. The initial research begins with finding the material, a.k.a.advertisements. This can be done in two ways; the first is to goand get newspapers on the Wednesday before Black Friday, thesecond is to find ad-scans on the internet. I fully prefer thesecond method, as it allows me to research weeks in advance. Asimple Google search for will reveal many websitesthat are dedicated to providing ads as far ahead of time aspossible. Once your ad collection is assembled, you will need to sit downand look through all of them, paying specific attention to itemsyou think will sell best. If you need to get a general idea ofproduct value then vist www.selladeal.com/products and look at what items sell best. Next you want to writedown a list of the products that you think will be profitablewhen sold. You will then check this list against the completedauctions on eBay to get an approximate selling value. Toreiterate, you will be looking through ads to pick out valuablebuys and comparing the price with their current value on eBay.This will give you a guess as to the amount of money you canmake off of each item. I recommend repeating this process offinding an item and checking its eBay price several times sothat your list will be fairly complete. At the end of thisprocess, you should have a good number of products along with anidea of how much money you can make from reselling them. Ranking and Scheduling Stores Now it is time
to plan out ourshopping trip. Here we have this list of products and howvaluable they are to us. The next step is to arrange the itemsby store and by profitability. This should make it apparentwhich stores are going to be more profitable than others - theseare the stores that you'll want to visit first. After you havethe stores arranged based on profitability, you want to doublecheck the hours of each sale. This will assure that you catchall opportunities because of differently timed sales (in aperfect world, each sale would start about 2 hours after theprevious, in reality they will likely all start at the sametime). The final step to this process is to write down an exactorder of the stores that you will visit and an exact order ofthe products you will buy in each store. This list makes buyingthe best products a very straight forward trip. If you know whatyou want before hand, you will get there before the people whowill have to think about it. The Big Day - Believe it or not, this isn't nearlyas difficult as it is made out to be. Yes, there will be crowds.Yes, people will be acting like maniacs. This is why you willsucceed - because you have already planned and researchedeverything and will not be acting crazy. The drill is simple:follow your schedule and buy as many of the profitable items asyou can get. There may be times when you need to be assertive tostay at the front of a line, or even to push your way through acrowd to get to a product. The key is to remain polite,confident, and assertive enough to get to where you are going.Getting angry or causing trouble will only make things worse. Ifyou cannot get one of your best products, it isn't the end ofthe world. Remember that there are a lot of other items that youcan get to resell for a profit. Here is a general set ofguidelines for getting the best items: - Always remain calm. You must be in control and thinking at alltimes. - Be assertive. Say excuse me to get past people, don'tjust wait there. - Be polite. The moment you loose your temper,the sales reps will turn on you. - Stick to the plan. Purchasethe items that you can, and move on to the next store. If all of these guidelines are kept in mind, there should not beany problems during Black Friday. There is one other thing to beaware of; up selling. Sales personnel will try rigorously to addon warranties, surge strips, antivirus software, and many otheritems that are not worth mentioning. Do not buy into their saleshype - stick with the plan and purchase the profitable items,nothing else. Selling your Products on eBay Almost there! Here is what's next:cataloguing and selling the items online. This is pretty easy;the hard part is certainly over. Sell as many of the items aspossible within the next two or three weeks, that way they willarrive by Christmas. Don't panic or overload eBay in order toreach this deadline, the items will sell nearly as well thefirst week into January. I don't recommend selling productsduring the weeks before and after Christmas, as this is usuallya pretty slow sales period on eBay. I would highly recommendreading these selling guides if you need to brush up on youreBay auction technique. On the most basic level, you need to atleast include a picture in each auction. That is about it - onceeverything is listed you need only sit back and deal withshipping. There are also some shipping guides in the above linkif need be. Let the Items Sell, and Count the Profits This is the best part.Once everything is finished selling, it's time to add it all upand see just how great is. I personally made wellover $2,000 on my first Black Friday. Give it a chance, do theresearch, and good luck! About the author:Mason Hipp is an eBay powerseller and a regular contributer ofselling guides, ebay products, and information tohttp://www.selladeal.com
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