Thursday, April 5, 2007

How to Flip Products on Ebay

(Editors Note- This article is some what dated. Below is an updated video (2011) that will show you one way to find arbitrage opportunities on ebay. I go into detail on what to look for in a product flip. Below that is a link to the best information I have found to date on how to use a variety of techniques to find, fund and flip ebay products for amazing profits.

Bob
(please forgive the sound quality, it sux!)


Ebay Arbitrage video.










Click Here!  To learn a brand new arbitrage strategy secret that even most ebay experts don't know.



by Jay Marx

Ebay is a huge wholesale marketplace, used by hundreds of thousands of people all over the world. Buyers search for bargains at extremely cheap prices which means sellers need to get their goods for below wholesale value if they want to make profit. As current trends have it, people flip real estate and houses by buying them at below market value and reselling them to hungry consumers. The same can be done on a smaller scale on Ebay.

There is one great way to easily source and resell some great bargains on Ebay which few people know about. If you want an easy yet fun way to make money, read on because this clever strategy has been proven to work time and time again.

How to Find Bargain Basement Items

There is a tool which you will find at
misspell tool You use this tool to type in a search term, for example 'Ericsson' and straightaway up comes a screen to show all the Ebay listings for Sony Ericsson products. You will have all the 'Ericson's and 'Erricsen's and so on. The great thing about the misspelled words is that hardly anyone else will find these products on Ebay, making it easy for you to grab yourself a great product at a fraction of its retail price. Many people spell badly or dont bother to proofread their advertisement, having no idea that their item will sell for a much lower price because of this. A lot of well-known designers have hard to spell names. Try doing a search on Gucci or Tag Heuer or Luis Vuitton and see what you get.

How to Flip these Items for Profit

Once you have your bargain, you need to sell it. Create a listing of your own (trying to spell the item correctly, of course) and you will almost definitely sell it for more than you paid. Do some research to find out how much similar items sell for. The more you sell on Ebay, the more your feedback goes up. If you communicate well with buyers and sellers, pay on time and package your items properly, you will get good feedback. The higher your feedback is, the more people will trust you. The more people trust you, the more likely they are to buy from you. Thats how Ebay works.

One thing you have to be careful about is product authenticity. Your misspelled 'Techniks' mp3 player might not be a Technics player. It might actually be a dubious Techniks player from Taiwan. Most Ebay listings have a photo of the item in the listing, so a quick look at that will let you know what the product looks like, what condition it is in and the make. This would be a rare exception and 99% of time, misspelled words are just misspelled words and if the item in misspelled in the title, the odds are good that there will be bad spelling right through the listing.
If you use this handy tool, try to search every day for newly listed misspelled items. You never know what fantastic bargains could be yours today!

Jay is invested in helping others sell on Ebay efficiently. For more information on selling tools and techniques, visit www.jayzcloset.com