Post on 16-Apr-2017
How to find the most profitable things to sell on eBay & AmazonWebinar, July 27th, 2016
The #unbank
Webinar structure:
1. What determines profitability?2. What is a “good” product?3. Which products sell for a high profit margin
today?4. How can you find the most profitable items to
sell on eBay and Amazon in the future?
What is profit?Profit is a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
The supply and demand of the product you are trying to sell!
What factors go into determining profitability?
The size. Larger items need more space in storage and have higher shipping fees!
The fragility/durability. Fragile items break during shipping and cost you in returns!
The niche. Some niche’s have prohibitively high quality and security standards!
What is a “good” product to sell?
Small and light enough to store & ship cheaply
💲
Low competition on major platforms
Products which fit into a specific niche
Durable. Not fragile
Which products sell for a high profit margin today?
High profit products
today
- Small & light- Rarely get
damaged- Buy $1, sell
$10-20
#1 #2
Action figures
#3
Card gamesNeck & bow ties!
- Buy in bulk for 5 cents a toy. Sell in packs of 10 for $15-20
- Small & light- Rarely get
damaged- Buy $2, sell $8-
15
Why are these items so profitable?
1. Great durability results in less damaged or returned good. This allows you to predict your profitability accurately!
2. Small & lightweight products mean cheap/free shipping and low storage costs
3. Great availability. You can find these products at the thrift shop or at a wholesale supplier
4. Excellent profit-margin!
How can you find the most profitable items to sell on eBay & Amazon?
Top selling products are not necessarily the most profitable!
1. Hot Research function allows you to find top selling products by niche and gather key data!
2. Provides an average price for top selling items by niche. Use this data to source cheaper stock on Alibaba
The easy way -> Use Terapeak
The not so easy way -> Manual research
Think of a niche with plenty of “good” products
Follow this process to find the best things to sell!
- Go to eBay.com and enter a keyword relevant to your niche. If you choose “Children’s Toys” as a niche for example, enter “action figures”.
- Scan the resulting listings and find “Top Rated Plus” sellers.
- Click their Seller name and then click on “items for sale”.
- On the left you will find “sold listings”.
- Now look at what products are their best sellers. Chances are those are the most profitable.
- Once you know their most profitable items to sell, head to Alibaba or Salehoo and purchase the same product at a heavy discount.
- List your products on eBay & Amazon
How can you use this information to grow your Online business?
The 5 keys to success5
keys
to
succ
ess
Research
Products
Wholesale suppliers
Bitbond
Earn profit
Find “good” products to sell in that niche
Find a low-competition niche
Check out the prices on Alibaba and Salehoo
Get the financing to make bulk purchases
Those are the 5 steps to buying and selling the most profitable items on eBay & Amazon
List your products and earn a high-profit margin
How can you get financing to buy in bulk?
Affordable small business loans for Online Sellers
Unsecured small business loansLoan amount: up to $10,000
Term: 6 weeks to 5 years
Repaid in monthly installments
Interest rates: 1% to 4% per month.
Scoring via read access to borrowers’ business accounts (eBay, Amazon, MercadoLibre, PayPal etc.)
Denominated in USD or EUR, paid out and repaid via bitcoin
Get the financing you need to become a powerseller
Get up to $10,000Choose your loan terms.
Between 6 weeks and 5 years.
Choose USD or BTC denominated loan
Publish your loan
~15 minutes
Apply as a borrowerApplication is free and takes
less than 15 minutes.Enter personal details
(address, verified phone)
Uploads proof of address and income documents
Connect your eBay account and MercadoLibre, Amazon, PayPal, bank account, Google Analytics etc. if available
Interest rates start as low as 1% per month.
Quick & efficient process
Get acceptedBitbond will get back to
you within 24 hours with your credit rating.
Now you can publish your loan anonymously.
Repay your low-interest
loan in monthly
installments, on your
chosen loan terms
Get fundedInvestors from around
the world will fund your loan
This can take as little as 5 days. 14 is the maximum.
Receive your fundsPay a one-time 1%-3%
origination fee.Start purchasing the
stock you need to become an eBay powerseller