Monthly Archives: May 2017

Shipping

Shipping Secrets: Regional Boxes

USPS Regional Boxes

What are they, how do I get them and save money?

Where? – I get my regional boxes for free from USPS.com.  If you go to their website you can order them and get them shipping to your door at no cost.  Make sure you order both the regional A and regional B boxes.  Keep in mind they take awhile so make sure you order in advance is you’re running out.

Get boxes here: https://store.usps.com/store/browse/category.jsp?categoryId=shipping-supplies

RegionalPricing

When? – I’ve found they are comparable if not better than shipping Priority.  They basically combine the low price of zone shipping while using the speed of Priority.  Here are some other benefits of using regional boxes.

  • Up to $50 in insurance included (for mail pieces with barcodes)
  • Tracking included in rate
  • 1, 2, or 3-day delivery based on package origination and destination
  • Free package pickup for many locations
  • Saturday and residential delivery at no extra charge for many locations

Tip:  They are the lowest cost option when the weight is between 2 and 15 pounds.

How? – Purchasing the label is just as easy as purchasing a first class label or priority label.  There are options within eBay to select the regional A or B options and the price will populate.  Then you simply place the item in the box and ship it.  There are different box options as show in the table below.

RegionalSizes

How do you know when to use this option?

  • First, I always see if my item will fit in the regional box if I think the item will be over 16 ounces.
  • I then weigh the item and plug the weight into eBays shipping screen
  • I price out both priority and regional options (A and B).
  • Choose the cheapest!

I hope this helps you pick the most cost effective solution!

-Chris

LiquidationOH@gmail.com

Liquidation

How I Find the Items I want on Liquidation.com

How do I find the items I want on Liquidation.com?

Some tips on how to find items that you can sell

I wanted to give everyone some insight on how to not only search for auctions but how to search for specific items within auctions.

Search Options:

Category Browsing

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  • As you can see in the snip above you can select general categories to look at all the auctions for each grouping.  This is how I started out searching for the auctions to target within the electronics and tools categories.  Doing it this way allows you to see all the sellers and different types of items in each category.  Once you dig into it at a high level there are options for you to narrow down your targets by auction type, warehouse, and auction price to name a few.

Specific Item Search

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  • If you use the box at the top of the website you can actually search for specific items.  When you click search you will see all the auctions with that specific word in them.  So for example if you search the word “Nest”, you might see auctions for Baby items having a blanket with the word nest in it, or tool auctions with the Nest Thermostat.  Once you search for the item I would suggest you go into each auction and READ the manifests.

Secret Tip: If you search for multi-word items encased in double quotes then it will return auctions with that specific word combination in them not just bits and pieces.  For example if I search “Nest Thermostat”, I most likely will only see tool auctions while excluding the baby ones that might appear should I not have used double quotes.

  • Make it a Habit – I make a habit of checking Liquidation.com daily to search for auctions.  As I search for auctions, I add the ones I like to my watchlist (see below photo where it says “Add to My Watchlist”. Once they are in my watch list I monitor them from they “My Account” screen.

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  • Create an Item List – No matter the category, as I become familiar with the products I’m selling I notate the ones that consistently sell and sell for a high price on a piece of paper or electronically.  These items are going to be the ones that allow you to recoup your expenses for the lot.  Usually I make my money back from only selling the top 10% of items from each auction.  These items are then what I search for when I’m searching for item specific auctions.
  • Stick with a Seller – I tend to stick with one seller as I then get to know what to expect from them.  This may bode well for beginners as they know what to expect.  If I’m continuing to see good items and my expectations are met, then I will only look for auctions with those that match my previous experience.  Only when I’m looking to grow my business or when I want to seek products that only other sellers offer will I then venture to a new seller.
  • Boundaries – I always keep track of auction cost verses value of the auction.  Just because the auction has an item I really really want, I will NOT continue to bid.  If the auction price surpasses what my return will be I leave it alone.  There will be plenty of other auctions with that same item in them.

I’d love to hear your tips on winning auctions and finding items that you love to sell from Liquidation.com

-Chris

LiquidationOH@gmail.com

Items

What are some of my Top 3 items to sell on eBay from Liquidation.com?

What are some of my Top 3 items to sell on eBay from Liquidation.com?

Here some of my top items

There are some items that I specifically search for on liquidation.com for many reasons.  These reasons are that they sell well, and if working they usually make up at least 30% to 50% of my auction fee recouping.  The other reason is that these items sell when damaged as well.  They usually sell for 50% off retail if they’re broken.  If you’re not sure if something will sell broken then research it and list it as a test!  It can’t hurt to list!

Secret Listing Tip:  Some people might disagree with me, but I list my high end electronics in an auction format.  I use an auction format because sometimes these items sell for higher prices than I can guess, so I will take the chance for it to go higher in an auction format.  If I listed these as a buy it now, then I’m locked into that price. But the secret is to START your price at the lowest price you would be happy with.  DO NOT START THE AUCTION AT $0.99 as you will probably lose money if your item isn’t that popular.

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  • 3M WorkTunes Wireless Hearing Protector with Bluetooth Technology and AM/FM Digital Radio (90542-3DC)

This bluetooth unit is found in two categories that I can see currently which is Tools and Electronics.  These sell between $70-$100 in used totally functional or new condition.  I will start these on auction at $69.99 and hopefully they sell at or higher than my starting price.  These also sell well not functioning such as not powering up, or powering on and not staying on.  I’ve sold some not 100% functional for $30.  Some might say its not worth it, but selling for something is better than throwing it away!

Working: $70-$100

Not working: $30-$40

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  • Nest Protect Smoke & Carbon Monoxide Alarm​

This unit sells in a battery and wired unit, and it sells very well.  These sell with and without the retail packaging and all the pieces.  They come in multiple generations. I find these units mainly in Tools auctions.  I’ve sold these with just the unit, not working and full functional.  With just the unit alone, I’ve sold it between $65-$75 dollars.  With full packaging and pieces I’ve sold them up to $95 dollars.  Not working has sold for $45.

Full Packaging working: $75 – $95

Working unit only or missing pieces: $70

Not working: $45

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  • Microsoft Surface Dock (Compatible with Surface Book, Surface Pro 4, and Surface Pro 3)

This play is a little more risky, as I’ve come across various ways this item has come to me (you know if you’ve seen my videos: www.youtube.com/c/LiquidationOH).  I’ve seen it completely missing from the box, missing pieces, not functioning and completely brand new.  But when you get many of the pieces or a brand new unit, it instantly makes your money back.  This item will see in ANY condition as long as you’re clear in your listing.

Full Packaging working: $90 – $110

Working unit only or missing pieces: $70-80

Not working: $45-$70

I hope some of these items help you win auctions that make money!  Don’t forget to include your fees and shippings costs to evaluate your total profit as the prices above are strictly item value.

-Chris

LiquidationOH@gmail.com

www.youtube.com/c/LiquidationOH

Liquidation

Making money on low profit liquidated items

Selling lower priced items for a profit
Here’s how I sell lower priced items

Have you ever open a liquidated box full of items and think you have a bunch of winners? But then as you go through the items they appear to not be high quality or are knockoff brands?  Or they are name brand but you search for comps online and they aren’t selling for a lot of money.  If you’re able to sell them on eBay or somewhere online most likely your profit will be eroded by fees and shipping.  Here is what I’ve learned so far about these items and how I can sell them for a profit.

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Someone wants them – Believe it or not anyone will practically buy anything for the right price.  Someone might want a good pair of headphones that aren’t full price or that are not name brand.  I recently sold a very well performing dash cam for $30.  If I sold it on eBay I would’ve only netted about $10 after shipping and fees.  Not only have you made some cash, but you’ve made someone else happy!

store

Local Stores – Think outside the box and look for consignment stores in the area that might sell similar items.  This might work well for larger items or items that could single units at a store.  If you have multiples of a certain type of product (i.e. cell phone cases for example) these might also be a good option.  If you offer pennies on the dollar for multiples then you might have a buyer. You might also have a buyer for new items down the road!

GarageSale1

Garage Sales – as a last option you can sell these types of items at garage sales.  I save all items that I can’t sell online or that I can’t sell in general.  In the summer, I will have a couple garage sales to get rid of my items.  I try to price my items so that they will sell that first day.  Usually these items are from auctions where I’ve already profited, so getting any money for these items is gravy for me.

What avenues do you use to make money on items that aren’t easy to sell or make a profit?

-Chris

LiquidationOH@gmail.com