Avril Harper, author of “Make Money Tearing Up Old Books and Magazines and Selling Them on eBay” writes a guest post for Mark-Kenny.com on UK Fast Start eBay Business Ideas.
Readers often ask for ideas for starting a really unusual business or unique line of products on eBay, hence the reason this month I’ve compiled a selection of those ideas I really do think have huge potential for new and experienced eBay sellers.
None of these ideas look to be over-used on eBay and I’m quite certain anyone can profit from them. As always do your due diligence before spending time, money and effort on any business. Select one or more of these ideas, research other eBayers selling similar items in the UK and other eBay sites, learn what you can from people already making money in these areas.
Two important warnings:
Target a different customer base from that featured in the idea. So, for example, the first idea you’ll listed below, about selling baby equipment and toys located at Mother and Toddler’s Groups, could be targeted instead at gardeners’ allotment groups (plants and garden ornaments), neighbours (unwanted household and personal goods), and so on.
Target a different eBay country site. ‘Free Stuff to Sell’, mentioned later, could involve collecting free guides and maps for places in the UK which have similar place names in the USA and would interest buyers on eBay.com. For starters try Washington, York, Norfolk, Birmingham, Dover, and many more. I keyed ‘places + with + same + names + in + uk + and + america’ into Google this morning and found hundreds of sites containing all the information you need to copy this idea.
So here we go with ideas for you to emulate (not copy):
CHILDREN’S CAST OFFS. Children grow quickly and discarded toys, clothing and hardware are sometimes in near perfect condition and worth up to fifty per cent their original value. Most parents are too tired, too busy, lack time and commitment to turn their discarded kiddieware into cash. But most will pay someone else to sell it for them. A one-off client is hard work, so look for a captive audience, and offer your service as consignment seller (trading assistant) to the largest Mother and Toddler groups you can find preferably close by. Most groups have a leader – official or unofficial – and this is the person to approach with offers to sell other members’ goods on eBay. Talk to the leader, make the offer, get that person to handle all communications with fellow members and also distribute money to members after the sale. This saves time and hassle for you and members are more likely to trust their leader with goods and money than an unknown agent. Have an agreement drawn up with the leader who must accept responsibility for collecting and holding all goods and all monies which absolves you from any wrongdoing that might ensue. With the exception of all but very small items it’s best to sell locally on eBay and have buyers pick up and pay for items while the group is in session. Either be there personally to claim the cash and pay the group leader once your commission is deducted or get the leader to hand over goods and take payment and you call every few days for your cut.
FACTORY OUTLETS: Most factory outlets deal in perfect and slightly imperfect goods and there are eBayers making thousands of sales every week of items picked up inexpensively at factory outlets. I personally know some who act as trading assistants for numerous factory outlets. Those people buy just one item to illustrate, describe and test resale potential and profits. From there most factory outlet managers are happy to put similar stock to one side for future sales. You’re spoiled for choice of products to sell from manufacturers of thousands of different product types, from clothing to tableware, cosmetics to socks, cutlery to most things you care to imagine. You must choose items with potential for unlimited sales via one standard listing template that does not require extensive changes between listings. Be careful picking goods and look for slight seconds as opposed to seriously flawed items. Faults vary and you’ll have difficulty using the same listing template for items ranging from slightly to seriously flawed. Look for near perfect items or perfect overstocks and you can use the same description for all similar items with specific add-ons like: ‘perfect overstock’, ‘cancelled order’, ‘button missing’, ‘light stain easily cleaned’, ‘broken zip’, ‘light chip on spout’, ‘cooking instructions missing’, etc.
Further Information
You’ll find a comprehensive listing of factory shops at: www.shoppingvillages.com
Top guide to factory shops and other discount sources is: The Official Great British Factory Shop Guide by Gillian Cutress and Rolf Stricker published by Anthony Peters Product Development Ltd. (ISBN – 10: 0955065208)
FREE STUFF TO SELL: Just because it’s free doesn’t mean an item is worthless, especially on eBay, where really weird and commonplace free items can attract incredible prices. Newspapers and magazines published in one country and not available elsewhere is an obvious example, but FREE gifts given with publications are also potentially very profitable domestically and in overseas markets. Things that sell well include discount vouchers and money off tokens, bonus CDs and wallcharts and other items from newspapers and magazines, maps and travel guides from visitor centres and tourist attractions. Money Off vouchers sell particularly well on eBay, mainly cut from newspapers and magazines and product packaging. For example, just recently: £50 worth of coupons and vouchers for various foods and household cleaning items fetched £22, £48 Of Eukanuba (Pet Food) Money Off Coupons made £20, £20 worth of Pampers Nappies Money Off Vouchers went for £13.00.
Most of what I spotted on eBay were clipped from magazines and newspapers with the majority fetching around half their full discount value. That suggests you could even buy newspapers and magazines specifically for their vouchers, free gifts and other potentially resaleable items. A friend who did this, very effectively, was an avid competition enthusiast who gave up a full time job as a teacher to enter competitions that won her many thousands of pounds each year in cash and consumables. She bought newspapers and magazines for the entry forms and sold the discount vouchers to friends and neighbours to fund her hobby.
Newspapers and magazines with free bonus gifts might also yield a profit from selling gifts and coupons on eBay but you’ll need to take a risk sometimes and buy multiple copies or risk newsagents’ stock selling out fast.
Further Information
Be careful, check the wording, a minority of companies prohibit you from reselling their products and vouchers.
15 Responses
discount voucher
March 27th, 2008 at 7:04 am
1Nice business ideas..
small business idea
March 29th, 2008 at 6:58 pm
2very interesting info and i like the new idea about factory outlet it is not public and i feel it will help you more in 2 cases first you near from the factory area
second you near from the market of the factory outlet to buy it and resell it
in fact i mean it help you more to gather more accurate information in offshore way
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April 19th, 2008 at 11:46 pm
3PLR Articles – Monthly Private Label Articles…
I have used plr articles successfully and it has given a boost on my traffic counts…
how to make money on ebay
July 3rd, 2008 at 10:02 am
4how to make money on ebay…
If you are a BANS user and want to get in on some of that eBay Motors action, then you have probably noticed that the category numbers for eBay Motors are really hard to find. They are not listed on the default page you get category numbers from. So wh…
Gemma
July 5th, 2008 at 11:52 pm
5Interesting info, thank you for sharing.
Manish
August 15th, 2008 at 10:45 am
6Has anybody earned about $10,000 from ebay yet?
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October 26th, 2008 at 4:39 pm
7I agree with the fact that the business ventures or the markets which seem to remain untouched and untapped are more likely to be tested and left alone because they are not profitable.
So if some market is without any competition it might not be a good idea to start any ventures in it.
Marble Host
December 15th, 2008 at 7:21 am
8Hi,
It is a good idea to expose the market which is not yet touched by anyone, but you can enjoy the monopoly in short run only. As every market will become competitive in nature in the long run.
If you want to survive in the long run than continuous market research, Product development & by maintaining quality you can do the same.
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fxcaliber
February 16th, 2009 at 1:58 pm
9It is very hard to compete in those niches with the Chinese copy sellers
Aleem
February 21st, 2009 at 3:23 am
10I think i should also check for ebay affliate. one of my friend earned more then 1000 last month.
thomas maximus
February 26th, 2009 at 7:30 am
11Everybody can be a business man or women with so many opportunities which is coming on the line. So make use of it as it is for your own good.
___________________________________________________________
thomas maximus
Home Based Business
fxcaliber
February 28th, 2009 at 6:43 am
12Can you perform SEO campaign with an Ebay shop?
play checkers games
January 15th, 2010 at 6:18 am
13Nice tips, I am familiar with most of them but still they are in good description so that everyone can understand it very well.I had been in a few reviews like that of my ebay store, I was even included in one of the Dummies for eBay books and it was great for my store traffic, hope it will help bring traffic to your site too.
charlesbrooks
February 5th, 2010 at 9:55 am
14If You Are Tired of Wasting All Your Money on Online Advertising for Your Websites… “Discover the Proven and Simple Methods Used By the Pros to Get 100% Free Online Advertising Traffic Your Website!” It does not matter if your looking for just a couple of hundred extra hits a month or to pump your website full of as much traffic as you possibly.
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April 16th, 2010 at 11:39 am
15Ebay with SEO, Unique product and Convincing text can make you win easily. You only need to keep watch on your competitor and follow them
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