Tag Archives: reseller

eBay, How To

Tips for eBay Success – Listing Daily and Bundles!

As I have been listing items the last few days I wanted to share some tips that have been working for me.  Also something I’ve started doing with my slow moving inventory.

Slow Moving Inventory ($0.99 auction):
When I first open my liquidation.com box I usually list the top selling items immediately and move on to the next box.  Then there becomes a backlog of lower priced items that sit around for awhile.  These items sit because I get other lots coming in and I’ve already made my money on the box.  Here’s what I’ve started to do moving the slow items.  I will move these items as $0.99 starting auctions, but the key is to cover your shipping cost.  I will not do free shipping but start the auction at $0.99.  Even if I make minimal amount on the item, then its better than it sitting in my basement making $0.  Two take aways:

  • Start Auction on slow items only when you’ve made your money on the lot.  Start them at $0.99
  • Cover your shipping cost on these items. DO NOT DO FREE SHIPPING.
  • These type of auctions also work for items that do not work (condition: for parts not working).

Listing Daily:
I’ve had great success listing items daily.  I try to at least list one item a night.  Now don’t get me wrong listing more than 1 is great, but getting in the habit of something every day works wonders.  I’ve heard rumors of listing daily gets you better search results for buyers, but I’m not so sure.  I usually sell between 2 to 8 items daily.  My current goal is to get 400 active listings, so I need to list more than I sell.  Plus having more listings allow for more sales!  Increase your probability of a sale!

Bundling Lower Priced Items:
Not only listing lower priced items as a $0.99 cent auction is good, but if you continuously get the same lower priced why not sell them as a bundle?  My recent example is iWatch bands that I get a ton of in my boxes.  When I look online I see bands going for anywhere between $4 and $7 depending on the band.  If I were to list each one individually it would consume all my free listings, and my time.  I’ve already made my money on these lots so netting $3 profit is not worth it assuming they’d even sell!  So I bulk listed all 40 bands for a buy it now listing of $50.  It sold within the week!  This is a greater bang for my time and my listings.  This also works for electronic items that are defective.  I have three defective PlayStation 4 headset units that I’ve bundled together.  People will buy broken items to fix and resell.  Instead of throwing them away I will make some money on them and get them out of my inventory.  But make sure to calculate shipping and your fees correctly to not lose money!

Lastly if you haven’t seen my latest video please check it out.  I’m interested in learning on how you handle local sales and how you’ve achieved success if any with them.

Keep listing and innovate how you sell your items.  There is money in everything!

-Chris
LiquidationOH@gmail.com

Liquidation

2017 Liquidator’s Guide

2017 Liquidator’s Guide

Whats the best and quickest way to learn the reselling business?

Do I have some news for you!  I have a one stop guide for you to learn about the liquidation business.  If you want to learn from someone who’s been there and done that in the liquidation business then Rob Cyr’s book is for you!  It contains a wealth of knowledge on how to become successful in this reselling world.

Click here to learn more about the guide!

http://bit.ly/LiquidatorsGuide2017

The book contains some of the following:

  • Contacts revealed for several stores including: Macy’s, Bloomingdale’s, Best Buy, Groupon, Sears, Home Shopping Network, QVC, Costco, Kmart, Amazon.com, and MANY More!
  • Premier source for Victoria’s Secret apparel at a fraction of original retail!
  • I will walk you through the liquidation industry terminology…if you don’t speak the “lingo” how will you know what to buy?
  • Learn how a broker makes a profit on your purchase
  • Learn how to investigate liquidation companies and Brokers before buying
  • Learn how to find the source of drop-shipped or brokered merchandise
  • Learn what payment method you should never use under any circumstance
  • Learn about wire transfers and why they are the industry norm
  • In depth explanation of shelf pulls, customer returns, and salvage. Which category should you purchase?
  • Learn when to buy from a wholesale liquidator and when to buy from the direct source
  • Learn how to find direct sources of just about any type of liquidation merchandise
  • In depth chapter on brand protection and reselling agreements…ignore this and you could face some hefty fines selling liquidation merchandise on eBay, at the Flea Market, or at your store!
  • How to successfully sell liquidation merchandise on eBay
  • How to resell liquidation merchandise through “Event Sales”
  • How to resell liquidation merchandise by holding a garage sales
  • How to resell liquidation merchandise at festivals and fairs
  • I will tell you what free trade magazines you MUST read monthly!
  • Explanation of pallet and truckload size
  • Explanation of freight delivery
  • I’ll show you where you can bid on name brand liquidation merchandise owned by large insurance companies
  • How to figure out the cost of merchandise
  • How to markup the liquidation merchandise
  • Using the power of social media to expand liquidation contacts/sources

With this guide you can learn from his mistakes as well as his successes.  It will give you the tools you need to be successful in this business.

He’s been on all sides of the reselling business from buying to currently consulting, so his wealth of knowledge is contained in this book.

I highly recommend it!  click the link and it’ll take you directly to purchase it.

http://bit.ly/LiquidatorsGuide2017

-Chris

LiquidationOH@gmail.com