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Old 15th November 2006, 09:38 PM
hassen1 hassen1 is offline
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Default Selling on ebay

This question may not bother and established eBay merchant at all. There are still a good percentage of sellers who are selling both used and new goods. But for newbies on eBay, the question is one of uncertainty. So, over here, we will go over the advantages and disadvantages of selling used goods vs brand new goods.

There are millions of either types of exclusive ebay sellers and those who sell both or switchover between them from time to time. So a new eBay seller may face a few apprehensions like that of the pricing, demand for the items that they want to put on sale and profit margin. These are justified apprehensions that have clear answers too.

Fact: Not All Used Goods Are Cheap
The first thought that surfaces in minds is used goods are sold cheap. This may be true for an array of products such as household articles, car or other vehicles, consumer electronic items including cell phones, musical instruments and books to some extent. So, for seller who think that selling used goods would be a total waste of time, you can reconsider now!

Since used goods rarely carry warrantee and are less likely to last as long as are expected of new ones, they sell cheap. Cars sell much cheaper than new ones. So do lawn mowers and etc. Buyer can’t expect to get the same kind of use or utility from these items as would have gotten from new ones. Buyers understand this, and that is why they are willing only to buy them if they are significantly cheaper.

But for a seller auctioning his/her own items which he used for years, ebay pricing should not be a problem at all. But if you are trading it, you need to workout your costs like you would do with new items. Make sure you get your pricing strategy right and you will be ok.

Selling Rare Books, Artifacts
Secondly, rare books, artifacts, music collections etc sell at premium rates despite their ages. Older and rarer they are higher the price buyers would be willing to pay. Beethoven collections are a point in the case. Because it is not the tapes you are selling but what they contain. So mind the shift in value here.

Selling new goods is relatively easy if you market well. Pricing will not be criteria anymore. But market competition may drive down margins. Most new goods sellers are confident of selling their merchandises easily despite competition owing to large buyer population which is a question mark for certain old goods.

Consider these points when deciding to sell used or brand new goods
• Continuous source for old items
• Long auctions
• Warrantee and return policy
• Can you specialize in old goods alone?

Starting Your Own Ebay Business
Now that at least you have a clearer idea of whether to start your ebay business with second hand goods or brand new goods, you are all set to go onto your next step: which is finding the source of your products to be sold on ebay! Remember, anyone can be a Ebay Power Seller, all you need is a good starting foundation and you are all set to go! Ebay Selling has never been easier! Start Your Own Today!
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Old 15th November 2006, 09:52 PM
francisho francisho is offline
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but pratically everything is already available there, what's there to sell anymore unless we cut down on profit margins?
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Old 5th May 2007, 02:04 PM
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mini_0 mini_0 is offline
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The seller must determine that becoming an eBay business is the right thing to do. That seller already knows how to make money selling on eBay and is ready to apply that knowledge in a bigger way. So now it means that the seller will take that knowledge and experience and add the discipline that goes with business ownership and management.They had no expectation that eBay would even become a viable option for earning money. Yet as they gained experience and knowledge they found that they had discovered how to make money selling on eBay.
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