Saturday, June 13, 2009

The Secrets to Finding Hot Products to Sell on eBay

By Jesse Holmes

So you want to sell on eBay? You want to take advantage of the $60 billion dollar marketplace, grab your piece of the pie? That's great, but where can you find product to sell?

New eBay sellers often ask that question. Having products to sell is essential to having a business. If you aren't making sales you can't have a business right?

Many people get stuck here, but it doesn't have to be hard.

Once you figure out what you want to sell on eBay, you need to understand that are many manufacturers looking to sell those products. Let's call it WidgetX.

Maybe you can find WidgetX in retail stores, online stores, or catalogs. Regardless of where you can buy it today, you probably don't want to start at the retail end of the supply chain. The top of the supply chain is the manufacturer. The best prices are going to be closer to the manufacturer.

That's why you need to get in touch with the manufacturer, and then find their authorized wholesalers. One of the best ways to get in touch with the manufacturer (aside from calling them directly on the phone) is to go to a trade show. Trade shows are designed to get retailers and manufacturers together. Trade shows have been where business deals have been made for years, and for you and your eBay business, this is no exception.

First, determine which industry creates your product and then the trade show that is involved. Selling consumer electronics? Check out the Consumer Electronics Show. Selling garden supplies? Check out a gardening trade show.

If you don't have the proper papers you might have a hard time getting into a trade show. You need to make sure your eBay business is registered and that have the proper forms filled out with your government. You need to be able to show at the door that you are a real business, and if you can't they might turn you away.

However, once you're inside, you have access to plenty of suppliers. All around you there will be new product ideas. Network with people, get contact information and plenty of business cards. In order to have an endless supply of products to sell on eBay, all you need to do is develop some good supplier relationships.

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