If you want to know what to sell on eBay to beat the recession - no DJ Moore Panthers Jersey , to survive the recession with style and grace - you will be interested in a recent query that I received from a reporter at Inc. Magazine:
"I'm writing a story ... (about) the closeout industry - items like movies, books and video games. Seems that the recession has caused a boom for these kinds of (items). And specifically for entertainment-related products."
This is no surprise. During the Great Depression of the 1930s, movies and radio were incredibly popular. We can assume that people liked to spend a couple of hours in a movie theater to forget their troubles and it's no different today. With less income to spend on entertainment outside the home, items of entertainment for home use are a booming business!
What Is "Closeout Merchandise"?
Our reporter's query mentioned the closeout industry but what does she mean by that? Closeout items are often mentioned as a synonym with "overstock" and "liquidation" and indeed the lines between them are blurred. Closeout generally refers to discontinued products, shelf pulls and items that were returned to stores by customers.
In the past Jordan Scarlett Jersey , buying closeout involved buying very large amounts. Merchandise is still offered by lots, pallets, trailers, truckloads and container loads. Since the explosion of online selling, though Christian Miller Jersey , it's possible to find vendors that will sell in smaller amounts.
Our reporter mentioned entertainment items as being very 'hot', so where can we find these goodies at a price where we can resell and make a profit? It's not that hard. Here are a few examples.
1. Brandywine Liquidators, Tampa FL 33619
Closeout deals are, of course, constantly changing but today Brandywine is offering new Will Grier Jersey , popular title, VHS movies for $.20 each. The 'catch' is that the buyer must take 1,000. That means your total investment would be $200.
Is there a market for VHS movies on eBay? I wouldn't have thought so - but I'm wrong. Go to eBay and type "VHS movies" into the search box. Today there are a staggering 102,937 listings. The cheapest price on new movies is $6 while the top prices are $100+ for Michael Jackson movies. Even if you sold your movies at the lowest prices of $6, your investment would be $200 - and your profit $6 Greg Little Jersey ,000.
2. B & D Salvage, Earl NC 28038
This surplus company is offering 'NASCAR Race Warrior Comic Books'. There is a minimum order of 100 at $.20 cents each or you can order 300 pieces at $.17 each. There are only three of these for sale today on eBay, but their prices range from $7.99-$16.00.
Want some higher priced items to sell on eBay? Then how about "Assorted Video Games and Accessories for Nintendo Wii, PlayStation3 and Xbox 360"? You must buy 100 of them, but are you ready for the price? An astounding $11.14! Check out eBay to see the profits on these.
Sara trading is today offering "Gameshark for PlayStation": cost $3 and a minimum of 50 pieces must be ordered. The current sale price on eBay averages around $20, for a profit of $17. If you bought 50 your cost would be $150 and you would make $850.
Beat The Recession
Naturally, you must be careful when deciding on any merchandise to sell on eBay, Google Curtis Samuel Jersey , Amazon or anywhere else. Here are guidelines that will keep you profitable.
1. Never, never believe anyone else's estimates of profits. There are merchandisers who will give inflated retail prices to lure in unskilled sellers: "Our price: $110, Retail price: $250" ... and the retail price may be a complete lie.
2. Usually, your best sources will not be the big, flashy sites on the Net. Countless times I've heard students say [url=http://w