I have to start this post by saying that I haven't yet implemented this technique. But I'm sure it will work out if you promote the right products. It seems very doable! The good thing about this technique is that you don't have to write any long articles for selling items. If you suck at writing but still want to earn money online, then this is the method for you! I would love to start a small business on eBay some day and I'm planning on implementing this very technique. I read through a report the other day which mentioned how you can earn some guaranteed income by making sales through eBay using a certain methodology. The person sells branded clothes/accessories. People (women especially) love shopping for these and the demand for these items never dies down! This is why selling clothes is one of the profitable niches on eBay. If you want to earn more money, you can try selling electronic items.
Here's what you need to do in order to sell clothes for a profit on eBay -
1. You get best quality, branded items from malls. You need to raid these malls when there's a huge sale going on. See a 70-80% off sale at an outlet? Get in there and check some of the items out. By getting branded items for a sale, you can make sure that the items you're going to sell on eBay are going to be of good quality. You wouldn't want to sell cheap quality clothes to your clients on eBay and get a bad rating in return -- BAD for your business!
2. You HAVE to get items with the original price tag on them. You don't want your customers to see the sale price tag and think that they got ripped off their money or something! Yes, this is how business is done -- you need to handle things with tact!
3. Take a nice, clear picture of the item using a digicam. Don't have one? Borrow your friend's! The picture should be well lit and of perfect clarity. Somehow people tend to mistrust a vendor for taking shady pictures. Maybe they think that sellers are trying to hide a flaw in the product by taking unclear pictures? Whatever the reason, it has been proven that products with a clear picture tend to attract more sales than those which don't!
4. Select a price less than the original price of the branded item. This is to ensure that the customers believe that your offer is juicy enough to be taken into consideration! Suppose a product's original price was 120 and now it's 60 after a discount. You can sell it for $100 (take the shipping charges in account too and add it to the price).
5. Select a payment mode. Most sellers on eBay use PayPal because it is fast, secure and easy! I'm really worried about the new rule set by RBI for PayPal users in India though. Online revenue more than $500 not accepted per transaction? That just sucks big time and I believe this is going to affect a lot of business owners online. Hopefully, this case will be rectified soon.
6. Pack it up nicely and ship away! You will have to do a little research yourself on how much shipping charges will cost you though.
The people who have followed this method have said it has worked every time for them! I plan to do it soon and my husband fortunately sounds enthusiastic enough to contribute :D Let's see how it turns out. Will keep you posted.