Want an easy sale? List some Hair Curlers!

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I’ll never forget the first time I was shopping at Goodwill and found a pair of the blue Remington Tight Curl Curlers. If it wasn’t for the TalkBoy sitting right next to these money makers, I probably would have walked right past them.  At the time, selling items from Goodwill was completely new to me.  In order to find out whether or not I could make money – I had to check the completed listings on the eBay mobile app.  My mouth almost dropped when I saw that those same curlers were selling for over $50 used. Goodwill was selling them for only $2, so I knew it was a home run.  But why?

The Remington Tight Curl Curlers are not the only set that will bring you in the big bucks. Let’s take a look at a few that have recently sold, and pay attention to the titles of each of these completed listings. You will see a theme. Every listing makes reference to Pageants. These old and used hair curlers provide the perfect curl for the toddler and tiara type of shows. It doesn’t matter that they are used, if it helps win the competition, then the parents will fish out the dough.  Take a look at a few of the sold listings below:

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This is an excellent time to point out the value to checking every “eye-catching” item at thrift stores. You truly never know what an item is worth to someone else! Using this type of thinking has to lead me to some crazy finds in my day. Here is a list of my most interesting finds:

  1. A box of tampons: YepI bought for less than a dollar and made over $60.
  2. Three bottles of cleaner: It was to be used in a machine that was discontinued. (Bought for less than a dollar per bottle and make over $30 each.)
  3. Water damaged ink: I found several boxes of old ink that were heavily water damaged for less than $3 each. I sold most of them for $30 and some for over $50. It turns out that they were solid ink bars and the water did no damage.
  4. Old Coke rugby shirt: This shirt had several holes and looked like it was worn in an actual rugby game. Bought it for $4 and sold it for $150.
  5. Electronic Face Shocker: That’s not the real name, but it does a good job describing what it does. It’s called a face exerciser. I found it in a zip lock bag for .50 cents and sold it for $70.

I really could go on and on, but the point I’m trying to make is that you can’t judge a book by its cover. It may not look like much to you, but someone else may be willing to pay big bucks for it! What is your craziest find?  Share in the comments below.

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Sometimes holding on to a product is more profitable!

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When selling on eBay, my official motto is to “Flip an item as fast as possible,” but in some cases, it may pay to be patient.  You may have an item that is easy to find right now, but it could be seasonal.  When the supply dries out, the profit should go up, right?  That’s not true in all cases, but if you do your research, you could walk away with much more money!

5a97fece-b691-404e-a39d-2ebeb92e9601-2878-0000030833421e07_tmpLet us take a look at a recent purchase I made.  Not too long ago, I was walking through a store with my wife when I found a huge lot of FrankenBerry cereal on clearance for $1.  This typically is a Halloween item, but since the holiday was over, the store seemed to think that the demand would go down.  I pulled out my handy smartphone and checked the completed listings on eBay.  I wasn’t that thrilled with the results so I kept on walking.  Then it hit me – clearance items usually mean that the stock will be gone soon.  So, the true FrankenBerry fans will be out of luck, and with supply & demand, I’d more than likely be able to make a profit.  Instead of listening to my instinct, I pulled up one of my new favorite apps, Terapeak.  I was able to see that I was right; a few months after Halloween, each box spiked to between $5.50 – $9 a box. So, against my wife’s wishes, I bought all 120 boxes for $1 each (at Target)

It’s not like these are selling like crazy on eBay, so I had to develop a strategy to sell these before August 2017 (that’s when they expire). Here is what I found:

  • They are selling better in the United Kingdom than in the United States, so I decided to add UK visibility to my listing.
  • The current average sale price right now is $5.99 with $16.50 shipping to the UK, so I decided to sell them now for that amount. According to USPS, it will only cost $12.50 to ship the box there – that will leave me a profit of $5.37 per box.
  • According to Terapeak, this number will grow throughout the year, so even if I only make $5.37 per box, I will have made a $644 profit on FrankenBerry cereal.
  • I am using more sources than eBay to sell this product (Amazon).
  • If all else fails, I have a lot of FrankenBerry to eat.

Thanks to TeraPeak, in this case, I have the knowledge that my product will probably sell for more in a few months, but since I have so many boxes, I think I am going to start selling them now. If you have never used TeraPeak before, I suggest you at least check it out.

Have you ever had an item that you sat on for awhile to make more money later on? If so, what was it and was it worth it?  Lastly, please subscribe to this blog for more updates :).

Hot Item to Sell on eBay – Finish Quantumatic Powerball Refills

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Here is a hot item, and a consistent seller on eBay.  The Finish Quantumatic Powerball Refills. These are dishwasher detergents that have been discontinued and replaced with Finish Powerball Tabs.  These Powerball refills require you to use an expesive dispenser system.  That is the good thing for us.  Customers that have already bought the dispenser system may have nowhere to get the refills in stores, so they look online.

Finish PowerballI actually found these by mistake one day while I was looking for Tom’s Brand Toothpaste.  While browsing the aisle, I noticed that someone had tried to hide a whole bunch of these on the bottom shelf behind a stack of mouthwash.  My trained eye immediately picked up on the out-of-place item.  There can be only two reasons why someone would want to hide these.  One, they did not have the money to buy them, or two, they wanted to do some research to see if they would sell on eBay. Luckily, I was able to use my smart phone and look up the complete listings for this item.  Right then and there, I loaded up my cart, and bought everyone they had in stock.

I found the Finish Quantumatic Powerball Refills for $1 at Big Lots.  I sold them on eBay in a lot of 20 for $66. Below is a snap shot of a listing that sold.

As you can see this items was sold for $66.  Here is the breakdown of my profit.

Net Profit of $25.23!

Remember, when looking for discontinued items, the biggest profit is going to come from items that are consumed or have to be refilled.  Once the customer runs out of your product, they will come back for more.

For more ideas on what to sell (and where to find them), check out my FREE book, “The Keys to a Successful eBay Business”.

Where do You Find Items to Sell on eBay?

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Where do you find inventory?  Personally, I have a routine for finding inventory.  When I first started selling on eBay, I just sold items from around the house.  Then, I upgraded to selling items from friends and family members for a small fee.  Now I go to at least twelve different stores when searching for inventory, and I am posting over one hundred listings a week!   Over the next few days I want to share the secrets of my routine for finding inventory.  Below are a list of stores that I visit weekly:

  • Big Lots
  • Costco
  • Dollar Stores
  • DSW
  • Famous Footwear
  • Goodwill
  • Target
  • Salvation Army
  • Sams Club
  • Ulta Cosmetics
  • Walgreen
  • Wal-Mart

Each one of these stores provides a consistent money-making experience.  I also shop online at Craigslist.com, Fatwallet.com, Woot.com, and more.  My routine is based off of each stores mark-down schedule.  Each store has its own day that it marks down new items onto a clearance gold mine!

Let’s start with my favorite – Target

For me, Target is where it all started.  Target is the inventory oasis that provides the most consistent experience.  Target has its own unique inventory mark-down schedule.

  • Monday: Kids Clothes and Electronics
  • Tuesday: Women’s Clothes an Domestics
  • Wednesday: Men’s Clothes, Toys, Health, and Beauty
  • Thursday: Lingerie, Shoes, Housewares, and Sporting Goods
  • Friday: Cosmetics, Hardware, Auto, and Jewelry

Electronics, Toys, and Sporting Goods are all highlighted because these are the big money makers.  I have a rule, and that is to never buy anything to sell if it is not marked down 75%.  eBay is a buyers market, and in order to make money you have to buy cheap.  Trust me on this, even if it looks like a great deal at 50% off, you will lose money.

Lastly, where are these items located?  At Target, all clearance items are located at the end of an isle on an end cap.  These clearance items are clearly marked.  You will notice that in the top right hand of the clearance sticker you will see the percentage off clearly marked.  Also, throughout the store there are clearance signs sticking out in the aisle.  Once you start looking for these signs your eye will become a trained ninja!  You will start to spot them even when you are not looking for them.

*Bonus – Keep an eye out for clearance video games!  They sell great on eBay!  I will do an entire post on that coming soon.

For more ideas on what to sell (and where to find them), check out my FREE book, “The Keys to a Successful eBay Business”.

Hot Item to Sell on eBay – Red Bull Cola

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When I’m asked, “Where do you find items to sell on eBay?”  My reply is, EVERYWHERE!  You just need to know what you are looking for.  So, what are you looking for?  To start, look for discontinued items.  A perfect example is Red Bull Cola.  I found this gem a few months ago, and I have already sold well over 1,000 cans!  Red Bull Cola was discontinued as of May 2011, and can be found in many places like Dollar General and Big Lots.  They usually receive a new shipment weekly, but it moves fast, so make sure you are aware of the days the store receives their shipment.

On eBay, this item is in high demand, and has a 95% sell through rate. I have most success selling them in a lot of 20 cans.  Below is a snap shot of one of my ended listings.

Over the past few months this item alone has brought in over $550 in profit!

When looking for discontinued items it is best to do your research before you go out and stock up on anything.  Check out eBay’s completed listings to make sure this item will sell!

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