Yes, collectibles! Collectibles are where eBay started, and they're still one of its biggest areas ? however much they might want you to believe they're not. eBay's most hardcore and long-time users are almost all collectors of something or other ? it is quite common to post what you think is a mundane item, only to have collectors suddenly go to war over it because it is somehow linked to something they collect.
Collectors are the people on eBay who really do pay top-dollar for things that seem like junk to you and I ? not to mention to the people you'll be getting your stock from! That's why you can make so much profit on collectibles. Here are a few tips.
Go to people's homes. People's homes are full of things that someone out there collects ? they are the best and cheapest source of collectibles out there. Sure, you might find something if you hang around at enough garage sales, but you'd have competition. Getting invited to people's homes to look around should be a dream for you, and one you're doing your best to make a reality.
Buy on other auction sites. You'll be surprised how much money you can make if you buy the collectibles that people sell on smaller auction sites like Yahoo Auctions, and then list it on eBay. These sellers will often be perfectly knowledgeable about their item, but simply getting a lower price because they serve a smaller marketplace. Sometimes you can almost double your money.
List in non-collectible categories. If your collectible doesn't have a category of its own under ?collectibles?, you might prefer to list it in a category that has something to do with the item but nothing to do with collecting. What you will often find is that people browsing a category for their favourite thing will pay more for your collectible than actual collectors would.
Do lots of research. Never list something you think might be valuable without searching and searching to dig up every piece of information you can on it. Everything you find out is likely to be useful when you come to list it.
List every tiny, tiny detail. Remember that collectors really care about the most seemingly insignificant things. An item from one year can be worth thousands while the one from the year before is near-worthless, or an item that is one shade of a colour can be worth far more than one of a subtly different shade. It's not worth puzzling over and it's not worth trying to pass your items off as something they're not ? just make sure you put absolutely everything you know in the description.
When you are listing items that require close research and description down to the tiniest detail, however, don't be tempted to steal someone else's work! Whatever you do, don't take another seller's description and try to pass it off as your own, as this could have all sorts of consequences for you. Our next email gives you a guide to eBay's policy on ?description theft?.
How To Sell Collectibles
Did you know that eBay got its start buy offering collectibles fro sale online? This eBay category is one of the largest and most active on the online auction site. People who have been eBay users for a long period of time tend to be very knowledgeable in particular areas and many are rabid collectors of certain items. You will sometimes find that when you put an item up for auction that you found at a garage sale or something that you didn't think anything about will create a bidding war over people who need that particular thing to complete a collection.
Unlike many other items such as shoes and clothing, collectibles are a category that brings a very emotional response that helps to get higher bids. In many cases when someone is bidding on an item they have been seeking for a long time they will throw caution to the wind and bid wildly just to win the item. This is one of the reasons why selling collectibles can be such a profitable business.
To find collectibles that you can sell on eBay you may want to visit yard sales in your area, but make sure you get an early start there are many others who are now doing the same thing because they know how lucrative it is to sell items on the online auction site. Another way to find items is just to ask people when you go to their homes if they have anything unique or collectible that they may be interested in selling.
Another little known and little used method of finding collectibles and other things to resell on eBay is to buy them at smaller auction sites that don't get as much traffic and therefore not as many bidders. You may be able to pick up items at a fraction of their true worth and then turn around and sell them for a huge profit by listing on eBay.
Another sneaky little tactic is to put your item up for sale in a category that has nothing to do with the term, "collectible". For example if you have an autographed football you may put it in the collectible category but also put it in the sports category. You find a fan of the particular sports star willing to pay far more than someone watching the collectibles category.
Don't be an uneducated seller. Find out everything you can about the item you are selling so that you can get the top price. If you are able to tell a story and give lots of information on how rare an item is you will always get a better price for it. Don't leave out any details, most collectors are very detail oriented so the more you tell them the better off you will be.
Gregg Hall has sinced written about articles on various topics from Lingerie, Desserts and Mortgage. Gregg Hall is a business consultant and author for many online and offline businesses and lives in Navarre Florida with his 16 year old son. For a great selection of fine. Gregg Hall's top article generates over 3350000 views. to your Favourites.
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