How to make money with eBay? With eBay, like most businesses, you make your money when you purchase a product, not when you sell it.
As an example, let’s say a widget sold 100 times over the last 90 days for an average price of $50. To make money with this item, we obviously need to purchase it for substantially less than $50 to make a profit. If we get this part right, life is going to be easy. Get it wrong and it is an uphill battle to sell the product.
This seems pretty obvious right?
Well we may think so, however I continuously get asked to help people and companies improve their eBay sales and within moments I know whether or not they performed this research before acquiring the inventory to sell.
Our rules are, we do not take on any inventory which does not have a proven history of selling at least 30 over the past 90 days.
The next criteria is we must be able to purchase it for no more than 50% of the average price it is selling for and, it makes an absolute minimum profit of $10 per sale.
This simple strategy of how to make money is used by one of the wealthiest people on the planet Warren Buffet when he purchases businesses. Buffet only purchases businesses which have a proven history. He never guesses.
If you have an item which has a history of selling well on eBay and you paid substantially less than it has been selling for over the last 90 days, it is hard not to make a profit.
When someone has paid too much for a product, then we have to pull out all the eBay listing tips and tricks to move the item.
Tying up capital in low profit products is a big lost opportunity as the cash tied up in slow moving or low profit items could and should be used on steadily moving high profit items
Jet Stream: The secret to making money with eBay fast is to combine using the types of products mentioned above i.e. high profit and steadily moving, and then optimising them so they appear in the top of the eBay’s search results.
This again may seem obvious however more than 95% of eBay sellers do not follow these golden rules.
How to make money with eBay is not rocket science, it is about creating a methodology which gets proven measurable results.
To your success
Neil Waterhouse
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I am just beginning my eBay experience your tips a most helpfull
Thanks Colin
Thankyou for your real advice
I loved your book I read it in a day!
You definitely stand out from the crowd as you offer useful information and it’s easy to understand win win !
Thanks Neil
Thanks Sandy and great to hear you enjoyed the book.
I am extremely excited to have found your product service and intend to utilize it as soon as products are available to me in the USA.
Sincerely,
Julia
Hi Julia,
Products are available now for the USA
The msg says products are now available for the US. How do I make contact for that, I am ready…
Julia
Hi Julia, we have a very strict criteria which reduces the amount of arbitrages we find. We never know how many the severs will find or when then will find them sorry. Sometimes they will find multiple in a day, other times it can take days to find one.
Currently we are filling some pre-orders for clients.
If you have joined the free hot product alert, we will email you immediately we find the next one.
Another option is to pre-order arbitrages. These orders get filled first before items go to the site. To do this, please contact rebecca@waterhouseresearch.com
Hi Neil
Great website how do you sign up to the product search on your website I have signed up for hot search which I am getting I thought there where different levels you could do many thanks
Trevor
Hi Trevor,
If you have signed up for the hot product alert we will notify you as soon as we find the next hot product.
Yes there are different levels of hot products based on how profitable the product is. All products we find have different specifications including different profit.