Now that you have decided that you want to sell on eBay either as a full time or part-time business venture, there will come a time when you have sold all the unwanted items from around your home and the homes of of your family and friends. If this is you and you have sold everything around you, do not give up now. You have seen the system works and that you can make some good money, by selling on eBay.

Please do not let people tell you product sourcing is hard. Well yes it can be hard, but only if you let it be so. To start with if you follow some guidelines and look out for products on a daily basis, you will get a good headstart, and product sourcing will become part of your life, and soon you will see products all over the place, and product sourcing will become part of your life.

A good thing to have with you at all times, is a note book and pen, (or PDA etc), and when you see a product you would like to sell or source, make a note of :
@ Where you saw the product.
@ The Cost of the Product.
@ The maker or importer of the product
@ And any other notes that will help you.

While you are making up your Product Sourcing Book, you can be on the lookout for products in all different places.

1) eBay believe it or not is a very good place to buy and source your products from. You can either buy of eBay.co.uk for resale on the same site, or you can buy off another eBay country site to resell on another eBay site. This is real simple and you can make some good profit this way.

2) Another area where you can go product sourcing, and this will not cost you anything until an item is sold is drop-shippers. Drop shippers keep your stock and once you sell an item, you contact the drop shipper and they send the item to your customer. But please if you go this route check out the drop-shippers and make sure you feel OK using them, and that they are a real company.

3) The third area for product sourcing is craft fairs. When you visit these fairs either at home or when you are on holiday, as you walk around keep your eyes and ears open and think to yourself could I sell this on eBay and if the answer is a yes, chat with the owners and see what happens.

4) The fourth area is Trade Shows, look on sites such as Google, and type on the type of product you want to sell and use Trade Show as a tag and see what comes up. If there is a trade show in your area for the type of product you are thinking of selling, go along and see what is happening, and see all the different types of product on sale to the trade.

5) The last area for quick product sourcing is if you have a friend who owns a “real” shop and they stock items you would like to sell, you can chat with them and see if you can sell for them and be thier online sales arm – for a commission of course. Or they may sell to you at wholesale cost.

The above are just five quick examples of how you can get products in your hands to sell within 24 hours. As you fill out your product sourcing book, you will have many ideas for products, product ranges and different selling examples.

Have fun and enjoy the exciting world of product sourcing.

UK Product Source – 020

Time flies when you are enjoying yourself, and working on line is fun to me, and fun that brings in money. Today is Friday and Friday here at My Auction Empires , is Uk Product Source Day. (And USA and Rest of World)

Product Sourcing is an ongoing thing, if you are serious about your eBay business or e-commerce selling then you should be Product sourcing 24 / 7.

When you are out :

Shopping
Out with family and friends
Out for a meal
On Holiday

You need to keep your eyes and ears open for the next hot product. Your Childrens or friends children are good spring boards ask and listen what the new programs, groups, music they are into.

Also keep a note of when major sporting events are happening in your country or around the world, as you may be able to buy in products at a low price and sell high when the event is on.

You need to keep a note book with you all the time, and make notes.

Somethings you need to note are :

Name of Product
Where You saw it.
Price range
If Possible suppliers name
Age Range
Gender Range
Any Bar Code etc

By doing this you will be able to do your Product Sourcing a lot faster.

Read magazines and cut out adverts that stand out.

Also look at Press Releases and contact compnaies to see if you can sell thier products for them.

Make Product Sourcing a game, but make it something that you do everyday. Also drill down in a niche:

Example

Pets are a Niche
Dogs are a sub-Niche
Gun Dogs are a sub niche of the sub-niche (but still a large niche)
Spaniels are again another Sub-Niche

With product sourcing you do not want to be in the major niches where everyone is, read, research and do keyword research and find a smaller sub-niche and make your home there. Build a list of customers and when ready move on.

(If you do not know what keyword research is you need to learn fast as keywords form the basis of all businesses. Over at OSI Rock Stars Janelle Elms teaches an excellant class or multiple of classes. And these few classes are worth your yearly fee – honest)

So go on, this weekend, go out and buy a note book and start your 1st Product Sourcing Book, (yes 1st as over the weeks and months you will fill up loads).

Happy product sourcing

Andrew Milburn and My Auction Empires

Product Sourcing Tips

Well today is Friday and Product Sourcing Day. This week we are going away from giving you a Product source firm or product and are going to talk about an area where you can source products at great prices and can make massive profits.

The area I am talking about is called in the UK Car Boot sales and in the USA are often called Garage Sales. Now I know there is a difference.  Here in the UK a load of cars come together and sell the goods from a car boot, while in the USA you have Garage Sales where people sell from the garage, but quite often several people in the area choose to have a sale on the same day so you do get a large choice.

So How does this help you to source products, well you can go buy cheap and sell high, you can barter for items as well.

Now whether you live in the Uk or the USA and you go to Car Boots or Garage Sales there are a few tips that apply to both.

@ Arrive Early – be there just before or as the sale starts here you will get the best bargins and the first choice, if you leave it too late the best items will have gone.

@ Take cash with you as few people will take a check (cheque) and even fewer will take cards.

@ Set yourself a budget and stick to it (that is unless you see something you  know will sell) but do try and stick to it.

@ Do barter with people but at the same time remember they are in it to make a living or make some money.

@ Look for things like toy cars as in the picture above these are often sold in boxes and they work out cheap.

@ Another tip is if you can manage it, go back 30 minutes before closing time and take another look, you may spot a gem of an item, now if you are good at barter or buying you may get the item real cheap or even for nothing. This can happen if the people do not want to take it back with them.

Hope this tips and ideas have helped you with your Product Sourcing.

Happy Selling

Andrew Milburn and My Auction Empires