How to buy and sell distressed, overstock, liquidation, closeout, off price and surplus merchandise on ebay.
How to information on buying and selling closeout, distressed, overstocked, surplus and liquidation merchandise. Ever wonder where the ebay Power sellers get their merchandise to sell on eBay! Well many of them purchase from the many surplus and liquidation businesses all around the world. This website is designed to show you how and where to buy from these surplus liquidators and sell on ebay and other ideas to help you make a profit. There are many other places to surplus merchandise also and we will show you some of them for you to compare with such as www.liquidation.com. We do not limit ourselves to any specific surplus merchandise or supplier and are always looking all over the globe for the best deals.
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ebay solves the number one reason for business failure lack of customers. Now it is up to you to present them with the right product at the right price. Remember this it will make you money. The seller with the best presentation will make the sale it is all about how the product is presented. Build an HTML presentation worthy of your product, do not just throw the product on ebay. Building a proper presentation will pay you many times the time invested in preparing the presentation. With that said let’s get started!
Where to begin? Step one Determine who the buyers are first before investing in products. Spend some time on ebay looking for what sells. It is unlikely with the millions of products on ebay that your products are unique. Get on ebay and see if your products will sell before purchasing anything. Once you have determined that similar products are selling on ebay then and only then is it ok to purchase surplus merchandise to sell.
Step two Register as a buyer and seller with Ebay and setup a Paypal count to allows the customers to pay by credit card. Be careful and never release your ebay or Paypal account information over the internet to anybody!!! NEVER! NEVER! NEVER!
You will receive many email's attempting to get you to give them your ebay or Paypal account information and they all look very real. There are so many of them it will amaze you so be careful !!!
Step three List an item for sale
Click Sell in the navigation bar at the top of any ebay page. eBay's Sell Your Item form will take you through the process of listing your item step- by-step.
Set your price. Do not set your price to high, the reason for buying online and the reason you sell surplus merchandise is to bargain shop. Many items you will want to start the price at .01 one penny and let the bidding begin. For example you purchase surplus DVD movies to sell for one dollar each and price them at one penny to start the bidding. But you set the shipping and handling charge at 2.99 to guarantee you will not lose money. Cost to ship United States Postal Service media freight is often below 2 dollars.
Get paid! When your listing ends, contact the buyer by email. Let your buyer know the total price of the item, including your stated shipping costs, and how they can pay you. Using Paypal will allow the buyer to pay by credit card. A must to operate a serious business online.
Ship the item. After payment is received, send the item to the buyer's shipping address, specified with their payment or by email. (USPS) United States Postal Service is the cheapest way to ship your products.
Take one or more pictures of your item using evenly distributed light from a well-lit area not the camera flash. The picture is vital to selling on ebay use a tripod or other stand to steady the camera when taking pictures.
Transfer (download) your picture from your camera to your computer hard disk following the instructions in the camera manual. Use another web site to host your pictures, you should upload them before you start listing-follow the file uploading instructions provided by your Internet service provider or hosting service. Note the Web Address (URL) for each uploaded picture, so you can copy it into the Sell Your Item HTML form. There are many free websites on the internet you can use to host your pictures without having to pay ebay for each picture.
Write your HTML code.
Take your time and write a proper description and save it to disk so you can reuse it for other sales of the same type products.
What will buyers most want to know about it? What are its most appealing characteristics? What words might buyers use to search for your item?
Choose the most specific category available.
Plan your pricing. You may want to do a little research into the selling prices of other items similar to yours. This will help you set your starting price or your Buy It Now price. Also, decide whether you would like to set a reserve price.
Initially you will want to sell in the united states only to keep it simple. You can add international later when you are comfortable with which countries you want to sell to.
Offer Paypal as a payment method to accept credit card or checking account payments.
Step four Inquire as what other merchandise they may be interested in remember this is a customer in the hand try to build a relationship for future purchases, but never Spam (send email without permission as this will usually make them mad). Never pay more than 30 percent of the wholesale price for surplus merchandise. Never offer with the price having a zero cents on the end such as $1.00 instead use something like $1.02
Step five Use local auctions to liquidate merchandise that does not sell and do not throw away broken merchandise use it for parts on the next shipment to fix things. This is surplus merchandise so be sure and ask what percentage of the shipment will be not usable.
Step six A great source for Jewelry to sell on ebay is www.bidz.com check out the 3 minute auctions but never pay more than 10 percent of the suggested retail price. This will take a little bit of discipline but is essential in making money. The lower priced items we have found usually sell better.
Step seven Focus on the sizzle. The old saying do not sell the steak sell the sizzle is very true and should never be forgotten when selling online. Always focus on the sizzle or in other words give them the cure not prevention. Take the time to develop great headlines such as “ Would you spend 1 dollar to ?”. Try to make the headline jump out at you and use short paragraphs that are easier to read. Be honest never hide product faults, purposely draw attention to them. They will not buy from you if they do not trust you. Paint a mental picture of your product. Like we said earlier presentation is everything on ebay
This Is The Headline
Line Two in Color!
Check out this item.
Benefit number one remember sell the sizzle not the steak.
Benefit number two, what will this item do to make your life better
Buy now before it is to late
Sample html code for the above example <h1><center><font color="#ff0000">This Is The Headline <br> Line Two in Color!</font></center></h1> <p> <center> <table bgcolor="#0000ff"> <tr> <td><img src="http://www.surplusmania.com/picture.jpg.bmp". </td> <td> <center><h2><font color="#ffffff">Check out this item. <p>Benefit number one remember sell the sizzle not the steak. <p>Benefit number two, what will this item do to make your life better <p>Buy <i>now</i> before it is to late</font></center></h2> </td> </tr> </table> </center> P.S. Start and end your auctions in prime time between 6pm and 8pm Pacific standard time Do not end your auction on friday or saturday night when many of the buyers are not at home.
We have found it is better not to list auctions at times that competes with major sports events such as Monday night football and this year Sunday night football.
Never list an item without a picture!
Do not sell 2 of the same items on the same day spread them out preferably several days apart.
When you get ready to build a website there is four things you must do:
Include keywords in the title
Include keywords in the heading
Include keywords in the file name
Include keywords throughout your website for example the most important keywords for surplusmania are surplus, liquidation, closeout and distressed and we use them liberally throughout the articles in this website.