Most profitable product!
By salam1
@salam1 (1474)
Malaysia
July 24, 2010 2:53am CST
How many of you guys sell product in squidoo and/or hubpages (or you own website)?
Could you share with me which kind of item is the hottest? Is it beauty product, kitchen gadget, supplement or else?
I try to sell kitchen items and it does not work well, only some money from adsense.
1 response
@Aussies2007 (5336)
• Australia
24 Jul 10
They say that you can sell anything and everything on Ebay. It might be true, providing people wants it, and you are selling it at the right price.
But at the end of the day, you need to sell something people need or want, and you have to be cheaper than anyone else.
I used to be a stamp collector, and I sold $3000 of stamps on Ebay. And often, made a profit.
Then I sold $1000 of old motor racing magazines and books with a 200% profit.
But I could only achieve that, because I had bought the books and magazines 20 years ago. In order to make money, you need to be able to buy products with a 50% discount, so that you can resell it with a 25% discount, and give you a 25% profit, which is still not enough to cover your time.
1 person likes this
@Aussies2007 (5336)
• Australia
4 Aug 10
Only rare collector items.
These days people collect a lot of things which are produced in massive amounts. Those things have no re-sell value.
You will also lose your money collecting stamps, unless you buy the rare stamps.
My profit on stamps were minimal, and I lost more money than I made.
I sold the good ones on Ebay.
But re-sold the bulk of it to a stamp dealer and lost heaps of money.