Oct 112014
 

Whether you’re getting your products wholesale or yard sale, you need to be able to pick out the items you’ll easily be able to make a profit on. Notice I specifically used the word “easily”. That means being able to recognize items that are in demand, stay in demand, are easy to get, and easy to ship.

We start off by giving you a simple list of things that are always in demand and meet our qualifications for being easy to deal with. Farther down the article we’ll go into greater detail about why these items are good for resellers. Learning the rules we provide will help you to judge for yourself whether or not a particular item is worth reselling or if it should be avoided.

15 Products You Can Easily Sell Online
  • Clothes – especially designer brands and baby clothes.
  • Jewelry – handmade and also crafting supplies are in demand.
  • Purses – brand names go for big bucks.
  • Toys – dolls and legos are always favorites with children.
  • Kitchenware – you can never have to many kitchen gadgets!
  • Books – some of them never go out of style.
  • Cell Phone Accessories – there’s always a market for bluetooth stuff, cases, and cords.
  • Software – last year’s edition is still sought after by thrifty business people.
  • Video Game Accessories – controllers, headphones, and cables don’t decline in value.
  • Mens Ties – men are too lazy to go out and shop. You can help them.
  • Pocket and Hunting Knives – men have loved knives since dinosaurs roamed the earth.
  • Tools – Good tools never loose their worth.
  • Sporting Goods and Memorabilia – everything from soccer balls to NFL jerseys.
  • Used Auto Parts – yes, there’s a huge online market for used car parts.
  • Adult Items – people want them, but don’t want to be seen buying them.
How to Pick Out the Best Items to Sell Online

a cash registerThere are there are some definitive rules you should follow when selecting items for online resale. This list includes 10 factors to consider. You don’t have to meet the qualifications for each and every one, but the more the merrier. You’ll be able to save yourself a lot of hassle and increase your profit margin. Some will make you money directly, some will save you time. Time is money so never discount a chance to save it.

Weight – You should avoid heavy items. How heavy? Remember that you can ship USPS first class up to 13 oz. Everything after that has to be priority mail. If you’re dealing with a few pounds that’s still lightweight enough to offer free shipping to your customers. You really should have free shipping on all your products in today’s market. Avoid anything over 10 pounds if you can.

Size – Learn to look up your shipping options before you invest in any large items. Can you even find a box it will fit in? Will you be charged an over-sized fee by a shipper? And of course, do you actually have room for all of this stuff?

Durability – Avoid breakable items. I don’t care how carefully you package it, the Post Office and UPS will find a way to break it. Trust me. I once ordered an inkjet printer that came shipped in its original packaging with 6 inches of foam on every side. One corner of the printer still got cracked, and it was made of fairly durable plastic. Don’t even think about selling anything glass or ceramic online.

Starting Value – You might be able to get 100 gizmos for a dollar that you can sell for $5 each. Actually, it doesn’t even matter if you get them for free. At that price you’ll get eaten up in fees. Remember you have to pay the website you’re selling on, your credit card transaction fees, packaging, shipping fees, and income taxes. When it’s all said and done the best you’ll make is $100 for a week’s worth of work. You’re better off spending that time on items that will make you some real profit.

Lasting Value – Never invest in products that loose their value too quickly. Many items on the market are like fresh fruit. They’re really exciting for about a week, maybe a month, then you’d better put them on clearance if you’re going to get rid of them at all. DVDs, video games, and the latest electronics all fall into this category. If you dabble in this area make sure you never buy more stock than you can get rid of before the price bottoms out.

Consistent Supply – This factor is one of the most overlooked when sellers are first getting into ecommerce. You have to have a constant supply of items to sell if you want a consistent income. The best sources are items that are easy for you to get in large quantity, but hard for others to obtain. What you don’t want to do is get into the used item trap where it’s always one item at a time. You’ll have to write a new listing with new photos for every item. It turns into a huge waste of time when you could write one listing that will sell a hundred items. An often overlooked simple solution is to just make the things you sell.

Market Saturation – Before you jump on a what you think is a great deal, always ask yourself “how many other people are selling this thing?” It comes back to that basic rule of supply and demand. If there’s a thousand other sellers that have what you’ve got, you’re not going to be able to get a good price for your item.

Source Location –  Where your products are coming from is important. If it’s not local you need to know before hand exactly what it will cost to have it delivered to you. It needs to be factored into your costs.

Customer Destination – The opposite of source location is customer destination. Think about local availability. If it’s a specialty item that most people can’t get in town, then that increases the likelihood they will buy it online (from you). On the other hand, if it is more convenient to buy locally then you’re not going to sell many. Don’t you like to actually try shoes on before buying? I do.

Chinese Imports – This is an odd factor that’s just recently become a problem. Do not compete for items that Chinese sellers are already selling online, especially eBay. They get charged less for international shipping than you do for domestic shipping. You cannot compete. Look it up first, don’t get caught in the Chinese shipping trap.

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