Researching Items to Sell on eBay

Researching Items to Sell on eBay
By [http://ezinearticles.com/?expert=Andy_Goodrich]Andy Goodrich

Have you ever wondered how people who are selling on eBay determined whether or not an item will sell, and how much you can potentially sell it for? Then this is the article for you. In this article I will teach you how easy it is to figure these statistics out and then use them to determine your chance of selling, and selling price.

The process.

To start things out you will need to first login to your eBay account. After logging in look towards the top of the page. Near the top you should have a search bar, to the far right of this search bar you should see the "advanced search" link shown in a small font, and hyper linked light blue. Click on this hyper link, you will be taken to the advanced search page of eBay. At this point we can begin our research.

1st Step

The first step is knowing what you want to look for and making sure you are specific. This means using specific keywords as you research, heres an example. If you research the product, hangers you would get over 2000 items that have been listed over the last two weeks. The hangers would be so different that you would be, unable to determine if your hangers are selling or not. However lets say that you have pink hangers. We could then change the keywords to be more specific, such as pink hangers. Now you only get 100 results, and you have more relevant products to look through.

2nd Step

Now that you understand how to search, you need to know what you are looking at. The first thing that should be obvious is that we are looking at items that were listed over the last 2 weeks, and have ended. Since they are ended items we can now see if they are selling well or not. To tell this is actually quite easy. If the price being shown is green, it means the item sold, if the price being shown is red this means that it did not sell. After you understand simply look through, and figure out an average selling price and an average selling rate. The easiest way to do this is writing how many sold, and how many didn't, to keep things easy use only the first page of results. After that write down the price they have sold for to determine the average selling price. The results your looking for are a 30% to 40% sell through rate and a price that enables you to make money.

Thanks for reading and feel free to check out my other articles. http://www.ecommercebusinessarticles.com http://www.goodrichlogos.com

Article Source: http://EzineArticles.com/?expert=Andy_Goodrich http://EzineArticles.com/?Researching-Items-to-Sell-on-eBay&id=1155701

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