Billion Dollar eBay Products

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Ebay does a massive amount of business on a globaland antiques. The profit margin is usually much better
level every day. Last year, in fact, eBay sold 38 billionthan you will get at an estate sale or pawn shop.
dollars worth of goods and services. 14% of all· Sporting goods. Every day somebody throws
transactions that take place online are done via eBay'sin the towel and gets rid of that unused ab cruncher,
auctions. 45,000 people buy products through eBayweight bench, or boxing gloves. There always seems
every day, and it's only growing as eBay expands andto be somebody else that is eager to take that sport
enters new markets. Ebay provides a tremendousor activity on themselves.
amount of opportunity to all people of an· Cars. This is the top grossing category on
entrepreneurial mindset.eBay by far. Ebay sells more cars in a morning than
So what are people buying on eBay?most car dealers sell in a year. This is why many car
The truth is that people are buying anything anddealers are taking their hard-to-sell trade-ins and
everything. Of source, there are some markets thatauctioning them off on eBay. Other car sellers on
are more popular than others. The billion dollar businesseBay have turned their fixer-upper mentality into a
takes place in the following categories:profit by going to local government auctions, replacing
· Clothing. In eBay land, an article of clothingparts, and then auctioning the car off to the highest
sells every three seconds. Much of this clothing isbidder.
gently used, bought on clearance, or has been sitting inNo matter what you're selling on eBay, there is a
a closet for years. Power Sellers usually buymarket for your product. These categories will give
wholesale and sell below retail.you an idea of where the most common profits come
· Electronics. This covers a lot of technology -from, but don't think that you can't carve a niche out in
televisions, broken equipment for parts, outdateda different category. There is plenty of room to
computers. A digital camera sells every minute ondevelop, and test, new products on eBay and find your
eBay - an important thing to know if you're constantlyown spot in the market. Just do your research, be
upgrading your own technology at home.creative in your marketing, and make sure your
· Collectibles. This is the niche lover's dream.auctions have good descriptions and accurate pictures.
Avid collectors of antiques, artifacts, pop culture, andAnd if something isn't selling, you can always change
even used dental equipment swarm to eBay toto a new category or change your product lines. In
compete over the next addition to their collection.many cases, you can actually change your entire
· Jewelry. People buy costume jewelry,focus overnight!