Top Secret Ebay Powerseller Technique: Classifieds Produce Auction Power

I was browsing through all of the classified sections, and stumbled on Wanted to Buy. I noticed that people were placing ads for items they wanted to purchase. Great! I could do this! The whole eBay market place was a complete turnaround from normal retail where you spend a huge amount of money to bring a customer to a brick and mortar store. The buyers are always there, 24 hours a day, 7 days a week, 365 days a year. You just have to get the product at a good price.

Before I even place an ad in the local paper I will use the eBay search tab to see if there is any demand for the product I am targeting. I purchased some used dss satellite receiver equipment from a local garage sale for $10/each. I went to eBay and typed in the make and model number. This looked good! The search indicated that the receivers alone went for $60 to $90, depending on the make and model. I then checked completed auctions for dss satellite equipment. I saw that the remote controls were selling for $15-$19, and then I saw people sell the access cards separately for $90-$185 . That meant that I could make up to $250 per complete system.

Jackpot! - I was really excited!! I placed a classified ad in the Wanted to Buy section stating "Cash for used DSS satellite equipment". I ran the ad every Sunday, and would average 6-8 calls per week. This resulted in 5 satellite systems I could break down into components with an average of $200 profit on each system. Utilizing ads is a great way to get a steady stream of hot products to sell on eBay. Many of my students have implemented this technique for a great monthly revenue stream.

I was very successful using this approach, and I didn't have to go to the garage sales, etc to find product. With a $9 ad, people would call me wanting to sell their items. Now, that is a great system!

Another classified ad success story, and there are many: Sue E from Montana used one of the eBay hot products categories I supplied - VHS Concert Videos. She placed a $9 classified ad in the Wanted to Buy section listing "Cash paid for VHS Concert Videos". Sue's average cost for the tapes is $4, and she normally is able to buy several. The selling price for each tape ranges between $29-$89 on eBay depending on the artist. Wow! Sue is a stay at home mom with three kids. She spends a few hours a week doing this and brings in $300-$500 per month.

Tim Gilberg is able to provide information and insight from a unique perspective - that of someone who is actually doing what others just talk about. Ebay Power Seller Platinum Status was Attained by Tim Gilberg, which is one of the highest sales levels attained selling on eBay. Tim is active on Ebay and liquidation.com as well as consulting and working with other Top ebay Power Seller's to give you real life in use insight, not theories.Visit Tim Gilberg at his website Make Money on eBay

In The News:


The Columbian

Auctions of Oscars draw big money
The Columbian
Even on the black market," says Julien's Auctions President and CEO Darren Julien of the legal restrictions. Julien has sold Oscars for auction in the past, but his relationship with the academy is paramount. "We seek their permission before we sell ...

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Tax lien auctions unusual in SouthCoast
SouthCoastToday.com
DARTMOUTH — Town Treasurer Greg Barnes learned something very interesting as he pursued his mission of a tax-lien auction on delinquent properties: When they were told what's coming, people who owed taxes flocked to his door, fearing the ...

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Variety

'Wizard of Oz' Original Cowardly Lion Costume Up for Auction
Variety
The piece of movie history is going up for auction in New York on Monday. The costume from the classic 1939 film will be put on the auction block at Bonhams with other Hollywood memorabilia as a part of “TCM Presents: There's No Place Like Hollywood.

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11 real estate investors indicted in Bay Area foreclosure auction bid-rigging ...
San Jose Mercury News
"Collusion at the foreclosure auctions created an unfair playing field where conspirators pocketed illegal payoffs at the expense of lenders and distressed homeowners," said Deputy Assistant Attorney Brent Snyder. "The division will continue to ...

and more »

U-T San Diego

Auto auctions offer deals for wary shoppers
U-T San Diego
OTAY MESA — If you're in the market for an affordable car and you've got an eye for detail, a taste for adventure and a stomach for risk, then an auto auction may be in your future. Thousands of used cars are sold each week for less than half of their ...


The Guardian

Bank of England to probe whether staff helped rig money auctions
Financial Times
The Bank of England has opened a formal investigation into whether its officials knew of – and even facilitated – the possible manipulation of auctions designed to inject money into the credit markets to alleviate the financial crisis. The probe, which ...
Bank of England investigates staff over auctions - FTReuters
Bank of England 'probes money-market rigging'The Citizen

all 25 news articles »

New York Times

Trying to Shatter Ceiling in Online Art Auctions
New York Times
As art collectors gather in New York this week for the glittering fall auctions, works of art will routinely change hands for tens of millions of dollars, a few for much more, like a Giacometti bronze “Chariot” sculpture that sold for nearly $101 ...


cleveland.com (blog)

LeBron James game jersey auctions for $50040
cleveland.com (blog)
The game's out come wasn't all that big for James and the Cavaliers. The Cavaliers lost, 95-90, and James scored 17 points o 5-of-15 shooting. It was not immediately known who purchased the jersey at auction. At least it was the jersey James wore in ...

and more »

305 Winning Bidders in Zions Direct Securities Auctions
Nasdaq
SALT LAKE CITY - Zions Direct, the online broker-dealer that allows its customers to purchase bonds, FDIC-insured CDs and other securities in its daily web-based auctions, announces its weekly auction results. Since 2006, Zions Direct has auctioned ...


Westmoreland Coroner auctions off guns used in suicides, accidental shootings
WTAE Pittsburgh
The Coroner's Office is holding an auction Nov. 8 in which 97 guns will be auctioned. Several out-of-service county vehicles will be auctioned as well. Coroner Ken Bacha said state law allows coroner's staff to remove personal effects from decedent's ...

and more »
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