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:


Bloomberg

BOJ Debt Purchases Can't Offset Tumbling Demand at Bond Auctions
Bloomberg
Even as the Bank of Japan buys record amounts of debt, investor demand at government auctions is tumbling and bondholders have lost 0.8 percent this year. At the last 10-year sale, investors bid for 2.24 times the amount of debt available, the least ...

and more »

Treasury Auctions Set for the Week of May 25
New York Times
The Treasury's schedule of financing this week includes an auction of new three- and six-month bills on Tuesday and an auction of four-week bills on Wednesday. At the close of the New York cash market on Friday, the rate on the outstanding three-month ...


Automotive News

Auctions focus on high-quality vehicle images
Automotive News
But the quality of the images varied from one Manheim auction site to another. So Reid was pleasantly surprised when he tried out Manheim's Enhanced Vehicle Imaging system last year. The results were picture-perfect. The Toyota and Lexus vehicles ...


Chicago Tribune

Grayslake man auctions wood flag for fallen cop charity
Chicago Tribune
A Grayslake man, who hand-crafted a large flag made in his garage workshop out of distressed cedar, is auctioning off the artistic piece with all proceeds promised to a national, fallen police officer charity. The 34-year-old beer salesman said late ...


New York Times

Christie's and Phillips Have Auctions With Differing Results
New York Times
Toward the end of a week that saw $2 billion worth of art change hands, the question Thursday night was whether buyers in New York would have the energy — and money — to spend still more as Christie's and Phillips held auctions that overlapped a bit ...
New York's spring art auctions have raked in $2.6 billionBusiness Insider
Christie's Caps Spring Auctions With $50 Million MondrianWall Street Journal
Christie's and Sotheby's Contemporary Sales Demonstrate a Flush, Frantic MarketVulture
Bloomberg -Newsmax -CNNMoney
all 199 news articles »

Firstpost

Coal ministry rebuts charges of non-transparency in recent mine auctions
Firstpost
The Delhi High Court has also noted that the process of the coal auctions were not "arbitrary or irrational". The high court, after going through the relevant records, observed in Sarda Energy and Minerals Ltd (SEML) Vs Union of India on 18 February ...
Auctions galoreHindu Business Line
Happy with the way mines were auctioned, says Coal Secretary Anil SwarupEconomic Times

all 3 news articles »

Atlanta Journal Constitution (blog)

Atlanta investor admits to bid-rigging at foreclosure auctions
Atlanta Journal Constitution (blog)
There's money to be made from misery, and an Atlanta man and his cohorts figured a way to line their pockets as the foreclosure crisis hit Georgia. Real estate investor Eric Hulsman and co-conspirators rigged bids at foreclosure auctions in Fulton and ...
Georgia man pleads guilty to bid rigging at real estate auctionsReuters

all 3 news articles »

'Now, states have to start mines and begin auctions'
Times of India
In a short time we decided to amend the Mining & Minerals Development & Regulation (MMDR) Act. When UPA had drafted the Bill, it had provided for auction as an option but had also left the other doors open, including first-come-first-served. The law ...


Sotheby's features abstract art sale in New York Latam spring auctions
Reuters
"So let's say we took this opportunity and we looked to put together this group." Stein added that he expected the upcoming Latin American art sales to benefit from the record-breaking auctions earlier this month, in which top-tier works sold for all ...

and more »

fox6now.com

Sold! Auctioned with no minimum bid, winning bid $5.8M for lakefront home in ...
fox6now.com
Industry leader Grand Estates Auction Company, with an unsurpassed closing success rate for luxury real estate auctions, sold a stunning six-bedroom waterfront estate in exclusive Lake Geneva., at absolute auction on May 19th. As a result of an ...

and more »
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