Business Opportunities and Ideas

[adamy3k]

Hi all,

I have recently been thinking about starting up an Ebay business, which i can run after work to bring in extra income, and hopefully a sturdy platform to build from in the future.

Does anyone have any experience in this field? And how you would go about this idea succesfully?

Thanks in advance.

[moyo]

Hi,

Yes I have quite alot of experience using eBay, the best way to go about it would be to find a niche product or any product that you could get cheap that has demand also has a good profit margin. The way to figure out if a product is a good one to use is, check other sellers feedbacks and dont forget to check completed listings on that product. That should hopefully give you a rough idea on how much you can sell your item and if there is any demand for it....

Sellers feedback- check prices and how often they sell

Completed listing - check how many get sold per day/week and how many do not

Then figure out why they are not selling? price? service? low feedback?

Once you do find that ideal product, test the waters see if it can sell.... if it does you in business


Kind regards,

Moyo

[adamy3k]

Moyo,

Thank you very much for the information! Couldn't of asked for more!

Regards.

[talkreview]

well, for ebay business look at the product reviews so that can gain good idea on what to sale and how to sale?

[adamy3k]

Thank you for the information that you have already submitted,

Has anyone else have first hand experience of this matter?

Just making sure im throughly going through all options before i plunge myself into it.

Regards