Do Toys Sell All Year Round On Amazon?

One of the top questions as an Amazon Consultant I am asked is “Do toys sell all year round on Amazon? Basically, the answer is a big yes they do. I mean children have birthdays, Christenings, Dedications, Well done in exams, and also believe it or not people just like to buy their children a toy, just because they love them. So yes toys do sell all year round on Amazon.

As one would guess we get to see a growing trend as we approach Q4 and this peaks in and around December, and you will then see the large spike start to trial off the end of December and start of January.

But did you know you can make a very nice profit selling used / secondhand toys – these are often called collectable on Amazon.  Over the years I have been selling on Amazon and eBay I love to source used toys as they are often very cheap and often free of charge. They are in plentiful supply, and parents and grandparents welcome you with open arms as you are helping them declutter their homes and make room for new toys and games.

Again having done this for over 15 years I have found this sourcing and reselling can be done throughout the year, but there does seem to be a trend early December and just after the Christmas period. I have put this down to parents clearing out before Christmas to make room for the new toys to come into the home and the after Christmas spike is people getting rid of old toys and even some brand new items that were not a hit or a duplicate present was bought.

So where do you find these used toys?

Well, in fact, they are all around you. After you have decluttered your own home you can –

  • Ask family and friends if they have unwanted toys and games in their home, of course, you offer to buy them, but very often you find people just hand them to you.
  • Put up postcards in local shops and community boards
  • Run adverts in CraigsList, GumTree, FaceBook Buy and Sell Groups, Community Papers, Church Magazine, Flyers through letterboxes and of course word of mouth.
  • Estate Sales, Garage Sales, Carboot Sales (UK), Church Sales, Jumble Sales
  • Neighbours

Now, of course, the items you sell on Amazon need to be in very good condition and no pieces missing. Due to the format of buying using games, you will have games with pieces missing. Now you can either just through them away, or you can keep them and hope to have another game soon that is missing a part but you can mix and match the parts to finish up with a complete game.

But what I will often do is to break down the game and sell the bits on eBay and you can make a nice little side income selling parts of games. If you do not believe me pop along to eBay and do a search for Monopoly spare parts. You will be amazed.

So what are you waiting for, look around your home find all those toys and board games that are no longer being used and those of them that are in good condition list on Amazon, and then watch the profits start to come in.

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon Consultant  and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

 

What’s Selling On eBay Right Now?

As an eBay seller have you ever wondered what was selling on eBay right now? Yes you can buy Terapeak and to be honest if you are serious about selling on eBay this is a must have tool. But for the new sellers, this is not always possible due to the costs of Terapeak.

So is there another way? Yes, eBay has a great site called Datalabs where it tests out programs and pages that we can use to help build our eBay business to the next level.

The page I am talking about today is  http://datalabs.ebay.com/trending.html#/gb/index

This page updates itself every sixty minutes and you can set it to either selling items or watched the choice is all yours.

This is a very simple but powerful tool and it has helped me over the past few weeks find some cool items that I was able to buy and make some money on. But also it has helped me research ideas for bundles, and also ideas for Private Label (PL) items.

But with all things you need to think outside the box. Yes it tells us the fast selling items on eBay, but remember other people will have seen the data as well, so think big and think outside of that box.

Also you need to take action, the longer you leave taking action on a product the more chance you have for others beating you to the market. I can tell you over the years the number of times I have delayed taking action on an item. Yes at times it worked in my favour, but other times I lost out.

So why not go take a look and see what’s selling on eBay and then take action by buying some stock.

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon Consultant  and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

 

How Are Your Plans Going For Your Ecommerce Business?

So, how are your plans going for your eCommerce business?  The reason why I am asking you this question right now is because we are half way through the month of may and very soon we will be entering into June – Yes half way through 2016. How scary is that?

And then the clock is ticking away until that mad selling season of October, November, December. Or more commonly know to sellers around the world as Q4. For some sellers ,they can make as much money in those 12 weeks as they do all throughout the year. But it does come with some challenges –

  • Enough Stock,
  • Forward Planning And Thinking,
  • All The Dots Joined Together
  • Enough Help To Get Stock Prepped And Sent In
  • And Other Things…………………………….

So when do you need to get the ball rolling?  The basic answer is, as soon as possible.

For now, I would suggest :

  • You attend Trade Shows,
  • Look online for wholesalers,
  • Open accounts with wholesalers

Then do your research so that when you get to September you are ready to get those orders placed, prepped and sent into Amazon, ready for that crazy buying period. Also, I would be talking to some smaller suppliers and wholesalers asking about getting exclusive deals. (I will be doing some posts about exclusive deals and how to get them and how profitable an exclusive deal can be)

Help this helps, any question please ask.

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon Consultant  and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

Secondhand Books Can Make You Serious Money In 2016


I guess that you have seen and heard that secondhand books can make you serious moneyBooks Make Cash, Amazon Reseller, Re-seller, secondhand books on Amazon but this is 2016 and you think you have missed out on the opportunity. Well take that sad look off your face as I have some great news. You have not missed out at all. The opportunity is still here and is still wide open and in some ways due to SmartPhones ad Apps the sourcing has become a lot better, and few mistakes are made. But before we get into the meat of the article of selling books and other media I am going to be very open and honest with you. This income stream will take time, it will take work, it will mean that your hands get a bit dirty, but the rewards are very much worth it. I love this income stream and have been using it many years and will continue using it for many years to come.

The types of media that I sell and find profitable are :

  • Books – Hard Back and Paper Back and mostly Non-Fiction
  • DvD’s both new and old ones – Films, Music. How To, Documentary
  • Video – Yes video is still bought and can be profitable
  • Computer Games – Both PC and Console based. Some of the older PC games sell for good money
  • Talking books – on Tape and CD
  • CD’s – Again these are big sellers
  • Blank Media – CD’s, DVD, Video, Data, Reel to Rell (Yes serious)

Over the coming weeks we will keep coming back to this topic and look at each of the different subcategories and talk about sourcing and selling, but for today I want to stay with books. I believe if you are brand new or have been selling on Amazon a good number of years you should add books to the list of products you sell. Why? Books mean cash in your bank account.

So where do you source books to resell on Amazon?

A good question, but all it takes is a bit of effort and by simply looking around you, books are everywhere. Look in any Charity shop and there are hundreds of books on the shelves and take a peek in their back room and there will be hundreds if not thousands of books just waiting to be put out on shelves when there is space. And sadly a lot will just end op in a skip. So apart from Charity shops where else can you source secondhand books from?

  • Jumble Sales
  • Estate Sales
  • Car Boot Sales
  • Craigslist Adverts
  • Gumtree Adverts
  • eBay
  • Charity Shops
  • Talking with people
  • Adverts on Notice Boards
  • School fates
  • Universities
  • Family
  • Friends

So what type of secondhand book should you source?

I would suggest you start with non-fiction books as these are good sellers and normally hold their resell price. Some fiction is good to sell as well but would suggest you try and stay away from the mass produced types of fiction.

Always look for books that are in good to like new condition. Again some old and falling apart books can sell high, but in early days go for books that look good, have little or no markings n there and do not smell or look dirty

How much should one pay? Again this is like how long is a piece of string, but in simple terms as cheap as possible. In normal terms I look at buying books between 25p and £1.00 at the top of the range. Sometimes you will pay more, if it is in great condition and has good ranking and a high selling price. But again try and buy well below £1.00 per book.

When selling books or other media we also look at quantity the more you buy, the more you list, the more you send into Amazon the more you will sell. Yes this is a numbers game.

So let me set you a little challenge in closing this part of the article – set yourself a goal of sourcing, listing and sending in 100 books every week. If you do this on a regular basis you will soon see consistent and regular sales happening and a healthy bank balance.

100 books a week at say 50p each is £50.00 in stock a week and say the average profit after all fees is £5.00 and you sell on average 10 books a day you are making £350.00 a week pure profit. Even if you say it is just £2.50 profit per book and you are selling just 10 a day that is £175.00 a week pure profit.

Whatever way you look at this model it is very profitable, yes hard work to start but as mentioned the rewards are well worth it. So take up the challenge source and list 100 books a week and see what a difference it makes to your business.

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon Consultant  and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

Is It Safe To Buy Products From China To Resell?

A common question I get asked when covering Product Sourcing is it safe to buy products from China to resell on sites  such as eBay and Amazon and other sites including your own. Some ways I love to hear people thinking outside the box but other items I hesitate as in my heart I know it works, but the timing is not right for that person. As with any product sourcing ventures you need to ask questions and do your research. Research and questions are the key when you source products from countries such as China and India.

One of the big No’s when sourcing from overseas countries is do not touch brand named items. Sadly on sites such as Aliexpress and Alibaba you key in leading brand name items and right before your eyes hundreds and at time thousands of products pop up before your eyes – The sad thing is most of these will be copies or fake items – if you buy these not only could you lose your money, you lose the stock and could even land yourself in trouble with Customs and could lose your Amazon Account. So please do not source Brand name items.

Another thing you need to check is that there is no design pattern being broken on items you are thinking of sourcing now this is harder to do, but if the item looks very similar to a brand name item then ask questions and do a bit more digging/

By now you are most likely thinking I am scared to source from China, but please do not be. I wanted to paint a dark picture of what can happen if you are not careful – but look on the bright side of things the same thing can happen if you are not careful sourcing items from the USA or UK.

  • To make it simple it is better to start on Aliexpress. The layout of the site is like eBay – you have feedback, can see number of sales per items and percentages of sales etc. If you stick to the top sellers then you are will be ok.
  • Also with Aliexpress you pay Aliexpress direct thus your money is covered if the products do not arrive, are no as described are faulty etc.
  • You can buy just one item to test it – and delivery is very often free, so testing different companies is very cost effective. When buying samples I would always buy at least three. One to test, one for friends to test and one or two to take pictures with and do some test sales as long as the initial tests are all good

I have been product sourcing from China for many years across many different niches, categories and products and have never had any serious issues with any of the companies. You find the people you deal with – often girls with cute sounding names speak perfect English and write perfect English. They will talk over Skype and answer all your questions and concerns and help you through any shipping issues you may have.

So if you are looking to diversify your product range why not spend some time and look on Aliexpress and later Alibaba when you want larger amounts, and see what you can find.

The main thing is as with any product sourcing is take time, do your research and if it looks too good to be true – it most likely is. So next week block out some time and go and do some product sourcing on Aliexpress and see what you can find. Happy Product Sourcing.

Products To Resell Are Really Out There

Well can you believe it, January is almost gone and before you know it it will be February2 then March. And in those two months we have three large and profitable buying periods, any guesses to what they are?  Well let me tell you…………………

  • Valentines Day
  • Mother’s Day (UK)
  • Easter

I know what your thinking to yourself no way can it be Easter so soon we have only just got over Christmas, but I am afraid it is. And before you know it, it will be Summer. A scary thought and when you work in retail the months seem to fly by even faster as we are always working several months ahead so we can source, buy and send into Amazon ready for the start of the buying season.

A very common question I hear all the time is, but where do we find the products to buy to resell. Honestly these items are all around you. Walk into any shop in the UK (or world) and right there in front of you is the potential to make some money, we just need to scan the items with our phone and see what the app tells us.

Apps such as ScanPower, Amazon Sellers App and Profit Bandit are some of the best, right in front of our eyes we can see if the item we have scanned has the potential to make us some money on Amazon. Sometimes the answer is yes and other times the answer is no. When it is a no we can either put the item back on the shelf, or we can think to ourselves could we put this item into a bundle and still make money.

Bundles are a great way and very profitable way to make good money. They also help you stand out from the crowd and make your bundle listing unique. Over the coming weeks we will be looking at bundles and how by adding them to your business model you can take your business to the next level.

But before we can move into bundles you need to understand that there are millions of items out there in regular stores offline and online that have the potential to make us money day in and day out. As a reseller we need to be prepared to take action, go out or go online each day and spend some time finding those items.

If we are prepared to do this on a regular basis very soon you will breakout of the mindset of not being able to find items to sell to finding items jumping out that are saying buy me. So to start the ball rolling you need to just go and take action and start scanning.

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon Consultant  and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

Why Do You Sell Online?

Have you ever thought why do you sell online?  I know a strange question, but if you take some time out and think long and hard about the real reason why you sell online you will be able to grown your business many times over. The concept I am talking about is knowing your why. Once you have identified your WHY, you will never look back – in all areas of your life.

So today, take yourself off to a quiet spot, with a pad and pen, yes a real; pen and a real pad of paper none of this tablet or phone apps for now, later on you can upload the information, but there is something that happens when you think and write – if you have not tried it give it a go please and you will see what I mean.

And now spend some time and write out

  • Why are you doing this business?
  • Why are you selling online?
  • Why are you selling on Amazon or ebay or Etsy?
  • Why do you sell in the categories you have chosen?
  • Why do you not sell in other categories – is it fear of the unknown?

Answer the questions truthfully and honestly as the answers you give will help you grow your business many time over.

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon Consultant  and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

UK Product Sourcing – Chocolate Bundles

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We are back with another UK Product Sourcing Tip and today looking at Chocolate and
Bundles.. Each on their own can make you money but when you bundles chocolate with some other products you are adding wonderful profit to your item  and bank account.

On the way home from Church walked into Lichfield and had a look in some shops before catching bus.

Several discounted sales in the shops, but picked up Thornton’s Chocolate 5 boxes for £20. This works out at £4.00 a box. Retail for £12.00 So on their own can make money but these will be bundled with candles and bath smellies.

Now you can buy the extras from places like Poundland, Home Bargains or B&M type stores.  Or from sights like https://www.ancientwisdom.biz

Always Remember keep those bundle radar eyes and ears open

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon Consultant  and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

Are People Becoming Disconnected With Each Other?

Let me ask you a question “Are people becoming disconnected with each other? Now you brainstorming.jpgmay think this is a strange title for an Amazon, eBay centered blog, and in some ways it is, but in another way I believe it hits the nail firmly on the head. We all, and yes I do include me in this to get out and away from our computers and smartphones and meet real people and talk with them face to face. (Yes I do include Skype etc in this).

I have been thinking about this for sometime and today I saw something that made me stop and think, Is this really where we are as a human race.

Picture the scene………. I am sitting in a coffee shop in Stafford, the weather outside is damp and dark, winter is on the way, but inside the pace is buzzing. There are all ages in there teenagers, young families, right through to the older generation. The staff are young and love to chat and banter with the people they are serving. And while you wait for you hand made coffee and drink and breakfast to arrive you can play board games, people watch and talk.

Into the cafe walked I guess a Mum and little girl. I say guess Mum because well you will see. The Mum went to the counter ordered the food while the little girl sat at the table. Mum walked back and as she did she picked up a trendy art magazine that are dotted around the place, and without saying a word handed the little girl a smartphone, and for the next 35 minutes even when their drinks arrived, did not speak, make eye contact with each other and the only words were at the end when Mum (or whoever) just said hurry up finish that drink……… and they left.

While on the table beside us was two young families, they were chatting to each other and all the time including the children. They spoke to them, helped one colour in a picture they were totally connected with the children and each other.

So are we as resellers connected to our customers, or are we silently pipping at our phones sending out messages hoping people are watching, listening and buying? And the only person who can answer that question is you. So are you disconnected from your customers or are you fully connected.

Please live, share and comment below.

Is Sourcing Products From Retail Stores Profitable?

A question I get asked all the time as an eBay and Amazon Consultant “Is sourcing products from retail stores profitable?” The answer I always give is It depends on what you are sourcing, and where you are sourcing and what price you buying the item for. Remember in retail selling either online or offline you make your profit when you buy the item not when you sell the item.

What do I mean, when I say this…….. You make your profit when you buy and not when you sell. Well if you buy your item too high, there will not be the opportunity to flip the product on either Amazon or eBay and make a healthy profit. So you need to buy as cheaply as possible, which will then give you the opportunity to flip on Amazon and eBay for a higher price.

When you source remember, you need to take into account the Amazon or eBay / PayPal fees. Amazon fees as a general rule are 30% and eBay / PayPal are 15% together. Now while the eBay fees may look cheaper and yes they are, you got to ask is that the right place to sell your items. Also remember that you are paying Amazon to store the items for you and then to pick, pack and ship them out to your customers.

So once we have identified products we like the look of and scanned them with an app on our phone if doing offline arbitrage or used extensions on our computer for online arbitrage and we have find a good item we need to work out how many do we buy. To start only buy a few of each item take your money and go wide not deep. You are far better buying many different products than just a large quantity of one or two items. (Once you find good sellers then you can buy larger amounts and then move into wholesale) But for now we will just do the Retail Arbitrage side of the business.

So is sourcing products from retail stores profitable the answer is using the right tools on your phone. buying small quantities of each item the answer is a big yes.

Easy Steps To Help You Get Started.

  • Use an app such as the Amazon Sellers App which is free for iPhone and Android
  • Source from retail stores both online and offline
  • Go for all types of stores not just the large brand name stores. Very often some of the small retail shops have great offers and closeout items
  • Go wide and not deep
  • Look out for offers such as Buy one get one free, three for two, Buy one get one half price, and look out for sales and clearance items.

Just keep those eyes and ears open and you will start to see products all over the place that you can buy to resell.

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon Consultant  and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.