Tuesday, July 9, 2013

Slow Sales?

To stay inspired with working from home and have good sales, you must find items that speak to you. Don't just buy because you know you can make a buck on something. Wait for the items that you are excited about, the items you almost want to keep for yourself, but you'd rather share them with someone else and stay profitable. Plus selling things helps you from becoming a hoarder.

We all go through times when things are a bit slow, but keeping your eye focused on your niche items will help. Especially when you are just starting out selling. If you know what items do well, and sell for a lot online keep researching those items and make yourself an expert. Keeping track of the current sale prices on Ebay does help as well. You can click on the completed listings box after you have searched for an item and it will list all the completed auctions on similar items. This is my go to somewhat accurate price guide. Every item will have highs and lows throughout the year. If you learn the trends you can make adjustments accordingly.

I need to listen to my own advice here. My sales have been slowing because I have made the mistake of impulse buys on things I think are a great deal. Then come to find out they were a great deal because the market isn't hot for that particular item. So I am trying to liquidate some of my less inspired buys. Local Antique Dealers that buy items from pickers, and Estate Auction Houses might be able to help out in this regard as well. I haven't tried either as of yet, but when I do I will let you know how it goes. For now, my advice is buy what you know and love!