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:


New York Times

Auction Houses Seek a Competitive Edge
New York Times
LONDON — The past few weeks have seen rival auction houses announce a number of initiatives designed to give them a competitive edge in the upcoming fall season of sales. Edward Dolman, the former chairman of Christie's, who recently became the ...

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Treasury Auctions Set for the Week Week of July 28
New York Times
The Treasury's schedule of financing this week includes Monday's regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday. At the close of the New York cash market on Thursday, the rate on the outstanding ...


Portsmouth office building still for sale after auctions
The Virginian-Pilot
The owner of a five-story office building that sits on prime Elizabeth River waterfront has been unable to find a buyer despite trying to auction it in two weeklong stints. Michael Haas, a North Carolina investor, set a minimum bid of $2.95 million on ...


After merger, Omaha church auctions off nearly 100 years of history
Omaha World-Herald
The July 19 sale at Blessed Sacrament felt less like an auction and more like siblings dividing the contents of an old family home. There was the woman who bought a 16-foot pew for her parents, who were married at the church nearly four decades ago.


New Zealand's Dorchester Pacific planning bid for Turners Auctions
Reuters
NZ) said on Monday it is planning a takeover bid for auction company Turners Auctions (TUA.NZ). It said it would offer NZ$3 a share, convertible shares, its own shares, or a combination of all three payment methods. Dorchester said it had agreed to ...
Turners Auctions takeover bidStuff.co.nz
Turners Auctions subject of offerRadio New Zealand
Dorchester unveils bid for TurnersNZ City

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California drought: High-bidding farmers battle in water auctions
Milpitas Post
NEWMAN -- Rumors drifted across the parched Central Valley that a bidding war for water might push auction prices as high as $3,000 an acre-foot, up from $60 in a normal year. Yet, Ray Flanders needed water to keep his orchards alive. So this spring he ...

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ESPN

Michael Jordan's $33 Million Contract for the '98 Season on Auction
SLAM Online
You can now get your hands on the highest single-season contract in NBA history. The Chicago Bulls paid Michael Jordan $33 million for the 1997-'98 campaign — MJ's last with the team, culminating in the franchise's sixth championship. An original copy ...
MJ's $33M contract goes to auctionESPN

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Wall Street Journal

US Court Blocks Bitcoin Domain Name Auction
Wall Street Journal
TOKYO—A planned auction of bitcoins.com, a domain name owned by the chief executive of defunct bitcoin exchange Mt. Gox, has been postponed after a U.S. court order temporarily blocked the company that operated the exchange from selling assets.
U.S. District Court Ruling May Derail 'Bitcoins.com' AuctionnewsBTC
Auction of Bitcoins.com Domain Name Halted By US CourtCoinDesk

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Auctions continue as luxury market struggles
Baltimore Sun
DeCaro Luxury Real Estate Auctions sold about 36 luxury properties around the country last year and expects to do 50 this year, including O'Brien's Penderyn Estate, a 22,500-square-foot, Georgian-style home originally built for the son of the Chef ...


Philly.com (blog)

Rev up with antique car shows, cruises and auctions
Philly.com (blog)
Okay, I'll tell: these vintage and antique cars that are on display (or up for auction) at car shows. It's not exclusive to just old-school vehicles, either. All makes, models and years of various rods will be up for your viewing pleasure. A multi-day ...
Mecum Auction this weekend; the 'best car show' you'll attendPatriot-News

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