Rubber Stamping Will Make Money
Winter is well on it’s way and all round the world people are putting away there summer hobbies and looking for their winter hobbies. This is where eBay sellers can earn a good income supplying a hungry micro niche. The micro niche that I would like to talk about today is in the Rubber Stamping Niche. Rubber stamping, has grown from a very small and humble beginning and has now grown into a massive business, with people setting up whole businesses to reach this rabid market.
The people who are into Rubber Stamping, are always on the lookout for the latest craze in stamps to come out to add to their collection, also these people have the money to buy new stamps on a very regular basis. So if you can buy at the right price, offer great customer service, you will have repeat buyers coming back to your eBay shop time, after time.
Rubber Stamping is very popular, and if you are serious about entering into this niche, you are best to go and visit some craft shows, buy some of the magazines. Find out where the local Trade Shows are, and sign up for some of the ezines and websites out there. By doing this you will get to learn the language of the people doing the rubber stamping, also you get to know what is popular and what is out this season. Once you have done this basic research, you will need to contact suppliers and find out their terms and conditions. Also you will learn how much stock you need to buy and the profit margins, if this all looks good and you feel happy give it ago.
But there are a few more things you should consider before you invest money into this project, do they sell on eBay. To check this out is fairly simple and takes a small amount of research and time. You will need to go to eBay and click on Advanced Search, next type in the search term you are looking for such as Rubber Stamps, now click on completed sales. When you get the results back, sort by highest first and now just scroll down the pages, looking for all the green sales (green means the items have sold), and make a note of what has sold, how it was sold, auction or buy it now. Then make a note of the price it went for. This will tell you in black or white if you are onto a winner or not.
In closing do not just think new when going into the Rubber Stamping Niche, you can often pick up large sets of these items at garage sales, jumble sales, Craigslist and yes off eBay. But above all have fun and make some money.
