| |
| |
|
Net Auctions and Auction Information |
|
|
|
How Pop-Culture Collectibles Can Increase Your Online Auction Profits
How Pop Culture collectibles can increase your Online Auction profits With the increasingly competitive environment for products to sell in the online auction arena, sellers are getting more creative as to the items they purchase for re-sale. While some of the Dutch Auction items that are frequently sold on eBay will always maintain their commodity status and always sell well, Pop Culture collectibles will usually generate a higher profit-per-item simply because of a combination of two forces. Scarcity and Desirability. Pop Culture collectibles can run the gamut from a special early edition pair of Levis to a rare Coca Cola collectible. However, when I discuss Pop Culture items in this article, I will limit the definition to only the types of collectibles that I've managed to have any experience with and that would be T.V., Movie and Toy collectibles. Obviously, the category of Pop Culture collectibles is much bigger than this limited definition, but in the interests of keeping this a knowledgeable article, I will focus on the limited definition here. One of my first experiences with Pop Culture collectibles was with a box of unused "The Fonz" posters that I found at an antiques swap meet a few years ago. I came across this box at a seller's stand. It had one poster taped to the outside of the box and the price tag on the box said $5 each. I asked the seller "How much are the posters?", not ever assuming that the price on the box was the current price. The seller replied with "Three bucks each." Being new to eBay and wanting to experiment, I counted the posters, which were still in shrink wrap material. There were 25 posters in the box. The box looked like it had been loaded and unloaded too many times, but the posters were in perfect condition. So I asked the seller, "How much for the whole box?" He asked, "How many are there?" I told him, "25". He said, "How about $40 for the box?" I said, "O.K.", and handed him $40. I posted an auction for one of the Fonz posters that week. It was a large photo of "The Fonz for Prez", sort of a campaign poster with Fonzie in his traditional Leather jacket, thumbs up and a "Sit on it" button on his jacket. The auction was set to close on a Sunday, and when I checked it on Friday, it was up to $22 ! I was shocked and happy at the same time. On Sunday, I took my family out to dinner and got home to see that the auction had closed at an astonishing $42.50 ! That experience was the one that cemented me in the area of Pop Culture collectibles! I continued to sell the Fonz posters, one at a time (so as not to "flood the market") at prices from the $42.50 high to a low of $12.50. My estimate for gross sales is somewhere around $450 for that box of posters. This type of profit exists in the area of Pop Culture collectibles, but it does take some guts to seek out and "gamble" on these types of deals. I had no idea what the posters were worth when I purchased them, but I had a good hunch, which proved to be correct. Other Pop Culture deals I've made, most found at antique swap meets: M.A.S.H. action figures - purchased a box of 28 of them for $50, sold them individually for between $9.00 and $15.50 Star Wars Figures - purchased a box of special limited edition figures for $120 at a regular swap meet, sold the box to a Star Wars dealer for $2,100. Evel Knievel figure, mint in box, purchased for $10, sold for $115. Alien 3 movie theater poster (massive, about 4' tall by 12' wide), found at a yard sale for $10, sold on eBay for $50. Bionic Woman action figure, mint in box, purchased for $30, sold for $85. In each of these cases, I had no idea what the value was, I just went with my gut. But the fact that they were Pop Culture collectibles made it much easier to take that chance and buy the items. Another solution many sellers use is to have their spouse at home, ready at the computer to do price research on unknown items! Armed with a cell phone and a significant other at home doing research, your results will be less of a risk and more fun, too! About The Author David Espino is the author of "Beyond eBay - How to build a Home Based Internet business and make more money, working from home" To receive a FREE sample from this breakthrough book, click here: www.HomeBasedBusinessowner.com Email: dave@HomeBasedBusinessowner.com
MORE RESOURCES:
Google News |
|
|
|
RELATED ARTICLES
10 Tips to Starting a Financially Successful Ebay Business Startting Right Now Ebay is Perhaps the easiest and fastest way to start a home based online business. Here are 10 Tips to starting a Successful Ebay Business1 - Become an Ebay ShopperBuy a Few things on Ebay. Used Cars For Sale On EBay There are thousands of used cars for sale on eBay everysingle day. In fact, eBay Motors is the most profitablesales division on eBay and naturally there are manyentrepreneurs who are interested in jumping into thismarket. Use Auction Templates For eBay Success! Auction templates are simply a must for successful online auction selling. One day I spent approximately 45 minutes writing a listing for an item that would make me about $5 in profit! I suddenly realized the stupidity of what I was doing. eBay is the Greatest Opportunity YOU Have to Create a Career Online eBay's being spoken about everywhere these days. At work, school, down the pub. 12 Tips To Make Your eBay Business More Profitable Sometimes it's the simple things that can make your eBay business more profitable and run smoother. Here are twelve things you can do that will lead to more sales and increased profits on eBay. From Ebay Zero to Power-Selling Hero: How To Learn New Tricks Without Spending The Internet is the fastest-changing marketplace on earth. Million-dollar ideas from one year ago might notgenerate a single penny today. Before You Sell On Ebay, Take The Most Important Step If you want to earn a full-time income selling on Ebay,you must take the first and most important step in allsuccessful business ventures: you must accept that itis possible.This probably sounds really trite--and maybe it is, butthat doesn't mean it's any less true. Making Money on eBay is Really Easy If I can do it you can.Let me tell you my story. Start an Easy Home Business: Become an Ebay Trading Assistant EBay's online auctions have created business opportunities for thousands of people. Now the Trading Assistant program is making it easier than ever to start a business from home. 5 Secrets for Increasing Auction Profits 1. Include your ebay seller name, store, and website information with all items you ship. Drop Ship Your Way to eBay Profits One of the most difficult things to do when looking to start an online business is to find that elusive supplier that will supply you, put simply you need a source of real products to sell. Drop shipping is a perfect way to achieve this and lets you develop the perfect online business. Online Auction Sellers - Seize Control Of Your Business! As the online auction model of business continues to evolve toward a more commoditized, corporate marketplace, it is time for online auction sellers to seize control of their business, before it's too late.In this article we will highlight some effective steps you can take to shift control back to your own business. E-bay Auctions: Sell Better, Spend Less Tip #1 Just about everyone alive today has heard of E Bay.com, but most people don't realize the sheer size and complexity of this Auction beast. Nine Simple eBay Selling Hints Some of these eBay hints will save you money, others will result in higher prices. Either way, these will help you run more profitable eBay auctions. How to Win on eBay I've bought over 100 items on eBay over three years and am ready to share my knowledge of how to win at eBay and buy from reputable sellers.1. How To List Your Items On eBay Listing your items on eBay can be very confusing if you don't know where to start. Here are a few tips on getting your items listed so that they sell. Starting an eBay Home Business Do I need to explain what eBay is?If 'Yes', where have you been living for the past 5 years? On Mars?EBay is the world's largest Internet auction site. There are a reported 30,000,000 users, but that number has probably increased in the time delay between me writing this article and you reading it. Your Junk is Another Persons Gold Saving money can be quite hard to do if you are on a tight budget, but all of us can do it very simply by selling the things that are cluttering up our homes and which we no longer need. I am fairly sure that most of us, if asked, would like some extra cash to help pay off a loan or other debt, or to put towards something nice like a holiday or something else that you would like to save up for. Tips on How to Profit from eBay Buy It Now Auction Listings eBay is an online auction site so it stands to reason that most users will tend to auction off their items aiming to get a high price.The problem with auctioning items is that eBay can be a very fickle place, one week an item may sell for hundreds of pounds but the next week the same item may sell for pennies. Eating and Thriving On-Line The Internet SHOULD be "the place to shop" for low-carb dieters, diabetics, celiacs, and anyone else on a special diet. The posted prices are well below those in retail stores, the variety is greater, you are dealing with firms whose specialty is dealing with your need, and the products for sale are described fully in type that is designed to be read (isn't that a pleasant contrast to the packages you see in your local store.
|
| home | site map |
| © 2006 |
