Auction tips and tricks

Auction Information Channel

SEARCH: The auction information channel Directory of Information

auctions Akron, Ohio listings, estate sales Akron, Ohio, surplus liquidations Akron, Ohio

We would like to thank the local libraries, schools, and universities for recommending students to visit us when doing research on any of our information topics.
 Please check back frequently as new topics are added and current topics are updated daily.


Click here to show your advertising on hundreds of sites instantly
officejax online auction and surplus outlet shopping mall

Place your TextLink AD here free
Pet pictures cat pictures dog pictures   used bmx bicycles for sale   used diecast toys for sale   surplus advertising supplies for sale

Be Realistic When Selling on eBay


As some of you know, I spent many years buying and selling both on and offline and several of my products are based upon my own experience in this area. I know that the vast majority of my customers and subscribers have an interest in trading whether it be on eBay or at the local market but more and more I am seeing people with completely unrealistic expectations of what they will be able to do. Most commonly these unrealistic expectations are in respect of how much it actually costs to purchase specific products and what they can then be sold on for.

I regularly get emails from people who want to know where they can purchase products such as mobile (cell) phones, new release DVDs, Playstation games and similar at, say, a 50% discount to resell on eBay. The fact is that such a thing is not available - it is a simple case of supply and demand and competition.

Take DVDs for example, most people think that these are excellent products to resell on eBay because they are very popular, not particularly expensive and easy to package and ship. Unfortunately, they could not be more wrong. The DVD market is one of the most competitive that there is - take a look for yourself and see how many auctions there are on eBay for DVDs at any one time. I have just looked and counted almost 300,000! At any one time there will only be a certain number of buyers wanting to purchase a particular DVD and if you take into account the numerous different places there are that each buyer could purchase from, it is likely that in general, there will be more copies of an individual DVD available than there are buyers to purchase them. This situation causes prices to fall. The other factor that forces prices down is the fact that one DVD is the same as another. By this I mean that from a buyers point of view, there is no difference to a new DVD purchased on eBay to one which is purchased from their local DVD store. Often the only way to differentiate is on price and of course, the only way to make the price more attractive to a buyer is to lower it.

The above reasons help to explain why the wholesale discount on a new release DVD is just £1 or £2 at most ($2 or $3 roughly in the US). When you take into account the fact that the large retail chains can purchase thousands of DVDs at a time and receive a bigger discount than individual traders, you soon see why it is very difficult for a small business to compete in such a competitive industry. You simply cannot purchase new release DVDs at 50% discount and even if you could, it wouldn't be long before prices were forced down as there is always someone willing to sell a little bit cheaper than the next man.

It isn't just DVDs that fall into this category. Take mobile (cell) phones. Here in the UK you can walk down just about any high street and get the latest phones either free or for a minimal token payment. The stores are relying on making their money from the line rental contract that you will have to sign in order to get the phone. Of course, the actual cost of the phone is not free - most new mobiles are actually worth £200 or £300 which means that if you want to buy a batch of phones at wholesale, you are going to be looking at a pretty high unit cost. As with most electrical products, the market is competitive and prices have been forced down which means that the difference between your wholesale buying price and your retail selling price is minimal.

There are numerous products that suffer from the same market conditions as DVDs and phones and new/small traders really should avoid trying to sell such items at all costs because it will usually be frustrating and ultimately not financially rewarding. When trying to decide what products to sell, you need to be thinking about the type of market that a particular product is sold in. If there are already numerous sellers and many large companies selling at considerable discounts this is far from ideal. The exception to the rule is if you are able to add value in some way to make your 'offering' more unique. I wrote about adding value last year in one of my newsletters - you can read it here: http://www.thetraderonline.com/jul2204.html

At the end of the day, it is all about research, being realistic and having an understanding of the market that you want to operate in. Whilst it would be great to be able to buy and sell new release DVDs (or whatever) all day long, doubling your money every time, I am afraid that this is just not going to happen.

Copyright 2005 Richard Grady

Richard Grady has been helping ordinary people earn online since 1998. He writes a free newsletter which is published every two weeks. To subscribe (and claim your free gifts), visit: http://www.thetraderonline.com/newsletter.html


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Mon. October / 22 / 2018

This RSS feed URL is deprecated
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Over a Half a Million Dollars Raised to Benefit Tilly's Life Center - Business Wire (press release)

Business Wire (press release)

Over a Half a Million Dollars Raised to Benefit Tilly's Life Center
Business Wire (press release)
Sponsors, supporters and friends of TLC gathered for an evening of dancing, drinks, family style gourmet food, music, live and silent auctions accompanied by a TLC graduate's captivating story of forgiveness. Their overwhelming support resulted in ...

and more »

Yield curve flattens before auctions - Business Recorder

Business Recorder

Yield curve flattens before auctions
Business Recorder
NEW YORK: The US Treasury yield curve flattened to its lowest level in more than two weeks on Monday before the Treasury Department is due to sell $108 billion in new short- and intermediate-dated debt this week. The debt sales will include $38 billion ...

and more »

November Basrah Light Cargo Sold At OSP +$0.20: Dubai Mercantile Exchange Auctions - Exchange News Direct

November Basrah Light Cargo Sold At OSP +$0.20: Dubai Mercantile Exchange Auctions
Exchange News Direct
Iraq's National Oil Company SOMO Monday sold a 2-million barrel cargo of Basrah Light via DME Auctions, achieving a premium of $0.20 per barrel over the November Basrah Light Official Selling Price (OSP). SOMO increased its Basrah Light OSPs for ...

and more »

This is how you can buy cheap stolen goods - legally - Manchester Evening News

Manchester Evening News

This is how you can buy cheap stolen goods - legally
Manchester Evening News
Bumblebee Auctions - This is a dedicated site where police forces across the country list stolen goods for sale. Auction Houses - Some forces sell their items through auction events, which you have to attend in person. GMP uses a number of auction ...


Key Bank Tower to be auctioned off - WDTN.com

WDTN.com

Key Bank Tower to be auctioned off
WDTN.com
DAYTON, Ohio (WDTN) -- A Dayton landmark is going on the auction block in November. Real Estate Auctions LLC confirms the Key Bank Tower is one of three buildings going up for sale. Other buildings to be auctioned include the Leigh Building nd the ...

and more »

King Kaka auctions Eastlando Royalty album cover art for Sh32,000 - The Star, Kenya

The Star, Kenya

King Kaka auctions Eastlando Royalty album cover art for Sh32,000
The Star, Kenya
The proceeds of the auction will go towards the King Kaka Sanitary Bank Campaign that aims to keep 100,000 girls in school. In an interview, King Kaka said he has 18 songs on the album which also features artistes Talib Kweli,Tracy Morgan, Atemi and ...

and more »

Key Bank tower, other downtown landmarks up for auction - Dayton Daily News

Dayton Daily News

Key Bank tower, other downtown landmarks up for auction
Dayton Daily News
Some key downtown Dayton buildings are up for auction next month. Both the Key Bank Tower and the Leigh building and garage, at 10 W. Second St. and 100 W. Second St. respectively, are listed for auction, with the starting bid set at $2.8 million.

and more »

TREASURIES-Yield curve flattens before auctions - NEWSTAGE

TREASURIES-Yield curve flattens before auctions
NEWSTAGE
Two-year yields rose to their highest levels in a decade on Monday as investors prepared for the auctions, and on expectations that the Federal Reserve will continue raising rates. At higher yields, the debt should be attractive, said Ian Lyngen, head ...

and more »

Prince, Madonna, Jimi Hendrix's Memorabilia and More Will Rock Julien's Auctions - Times Square Chronicles (press release)

Times Square Chronicles (press release)

Prince, Madonna, Jimi Hendrix's Memorabilia and More Will Rock Julien's Auctions
Times Square Chronicles (press release)
Julien's Auctions, the world–record breaking auction house, has announced that ICONS & IDOLS: ROCK–N–ROLL their two–day music extravaganza to take place Friday, November 9 and Saturday, November 10 live in Hard Rock Café in New York and ...


Homedale estate tops Coonoor tea auctions - The Hindu BusinessLine

The Hindu BusinessLine

Homedale estate tops Coonoor tea auctions
The Hindu BusinessLine
The Coonoor-based Homedale Tea Factory, a small-scale tea factory, excelled at Sale No: 42 of the auctions of Coonoor Tea Trade Association with its CTC leaf grade, auctioned by Global Tea Brokers, fetching the highest price beating even the orthodox ...


Google News

free amv format video downloads   amv format video downloads   amv format videos                    office cubicles and office partitions for sale in Ohio                                
 


Click here to place your AD on this page for freeHere

Find used office equipment in Ohio at www.OfficeJax.Has.It

Find the best fleamarkets at www.FleaMarketWorld.Has.It

Find electric powered vehicles at www.NoGas.Drives.It

Surplus Outlet Directory
www.OfficeJax.info

www.ElletFleaMarket.has.It

5th Avenue Flea market
www.5thAvenue.Has.It

Free Automatic Link Exchange

Find homes for rent
in Akron Ohio
www.homes4rent.has.it

 

 

AUCTIONS OHIO


AUCTIONS AKRON OHIO

Ron Rosier's auctions formerly located on Arlington St. Watch here for our new location.

AUCTIONS CANTON OHIO

Carol's Auction
 
2906 Waynesburg Dr. SE. Canton, OH. 44707-2065
Carol Hall & Bill Alge MAP

Dueber Rd. Auctions

 

Auctions Ripley, Ohio
Campbell auctioneer


OHIO AUCTIONS

 

 

Surplus Overstock and used PET SUPPLIES

buy arts and crafts supplies below wholesale in Akron, Ohio

university of akron university housing available

Find unclaimed freight in Akron Ohio

 

 

 

 

 

officejax surplus office furniture outlet Akron, ohio

[Back to Top]

OfficeJax free ad space available here

online shopping
 in Akron, Ohio

Triplet jeweler's loop's
magnification for crafting
coin collecting
jewelry appraisal
NOT $169.00
NOT $99.00
While supply lasts
$15.00

Akron crafts and hobby news center

Akron currency trading

Akron Ohio pet news

Advertising and promotions Akron, Ohio

Best Tips and Home Remedies

The Akron blogging news center

Akron Ohio web site design news

Akron Mortgaging and refinancing

auction Akron Ohio

auctions Akron Ohio

 

auction news and listings for Akron, Ohio

Rosier's Auction
Akron, Ohio

Home | Site Map
© 2012 - 2018 All Rights Reserved

    

Akron beacon journal unclaimed property storage unit university of akron honda akron ohio dodge akron ohio pontiac akron ohio akron real estate ford akron ohio jeep akron ohio restaurant akron chevrolet akron ohio cadillac akron ohio  used car akron ohio akron ohio lexus akron ohio mazda akron ohio akron canton airport akron child hospital gmc akron ohio hyundai akron ohio insurance akron akron oh real estate buick akron ohio chrysler akron ohio toyota akron ohio akron attorney akron beacon journal obituary akron mercury ohio acura akron ohio volkswagen akron ohio health insurance akron nissan akron ohio flight to akron akron watson akron u akron doctor akron general hospital akron public schools city of akron akron beacon akron city hospital kia akron ohio akron family  mortgage akron akron apartment oh rental bmw akron ohio akron general medical center infiniti akron ohio akron vacation akron public library akron canton university of akron ohio akron florist mercedes benz akron ohio akron travel akron beacon journal classifieds mitsubishi akron ohio audi akron ohio saturn akron ohio akron ohio porsche akron news akron metropolitan area transportation study akron municipal court akron school closings akron airport akron aeros akron civic theater akron zips akron newspaper akron brass oldsmobile akron ohio jaguar of akron ohio wayside furniture akron ohio akron oh hotel hotel akron akron zoo akron pa real estate akron hospital akron summit county public library akron apartment akron general akron ohio plymouth akron auto auction 98.1 akron wkdd akron beacon journal.com akron weather summit mall akron ohio akron summit county library  bank of akron akron ferrari ohio akron art museum akron zips football ticket akron dental insurance akron ny real estate akron ohio zip code news akron ohio university of akron athletics akron lincoln ohio akron lawyer akron police department  coroplast akron ohio custom signs and advertising solutions at OfficeJax online flea market