This is a question that is asked of me a lot. And even though eBay has changed their format to accommodate the “big boys” and seem to have forgotten the “small sellers” and Stay at Home Moms” that actually built eBay, I believe that it is still a viable source of income for a lot of small businesses.
But instead of the “good ol’ days” when you could empty out your closet and make a lot of money, you have to be careful as to where and what you purchase for resell. The buyers today are a lot more picky then they have been in the past either due to the economy or the “mystery and glamour” of eBay has started to wear off.
Being an eBay Powerseller and having bought and sold on eBay since 1996 I’ve seen a lot of ups and downs. But there are a group of people that continue to buy even when the economy is down and no else is buying. Those people are the “collectors”. They are always looking to add one more piece to their collection and even though times are tough right now they are still willing to spend their cash.
We as sellers just have to know where the best places are to find the items that these people want. There are a lot of good places to buy these products but some require a lot of time and effort. One thing that a lot of people do is drive around to garage sales or thrift shops. These can be kind of hit or miss and you might end up driving around to a lot of different places and spend a lot of money on gas and still not be able to find anything. Don’t get me wrong, I love to drive around to garage sales. But I don’t go with the expectation of actually being able to find something that I can sell on eBay at a reasonable profit to cover the cost and time of doing it. But every weekend people get up early on Saturday morning and drive all over town hoping to find something to buy. How many are successful? I’m sure very few. I personally have never had much luck.
But if you do get lucky and find something you can actually make a great profit on it. If you are looking to actually make eBay a business and not just a leisure activity Garage Sales and Thrift Shop are just a waste of time.